LIO CONSTRUCT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LIO CONSTRUCT
Largest movements
- Tangible fixed assets +€132,042
up €132,042 (+10.5%), from €1.3m to €1.4m
of which Land and buildings: +€67,562
- Cash -€40,465
down €40,465 (-7.8%), from €520,984 to €480,519
mainly Investment in fixed assets (net) (-€188,632) and Current portion of long-term debt (-€91,032)
- Deferred charges and accrued income +€27,363
up €27,363 (+160.9%), from €17,011 to €44,374
- Reserves +€292,000
up €292,000 (+49.3%), from €591,860 to €883,860
of which Distributable reserves: +€292,000
- Current portion of long-term debt -€91,032
down €91,032 (-52.6%), from €173,063 to €82,030
- Other debts -€90,084
down €90,084 (-95.7%), from €94,134 to €4,050
- Debts after one year -€82,030
down €82,030 (-11.4%), from €719,721 to €637,690
- Tax, wage and social debts +€41,408
up €41,408 (+274.0%), from €15,111 to €56,519
of which Taxes: +€42,069
- Gross operating margin +€28,907
up €28,907 (+5.6%), from €511,952 to €540,859
- Taxes +€15,523
up €15,523 (+13.2%), from €117,606 to €133,129
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,963,185 | €2,072,457 | +€109,271 | +5.6% |
| Fixed assets | 21/28 | €1,253,992 | €1,386,033 | +€132,042 | +10.5% |
| Tangible fixed assets | 22/27 | €1,253,992 | €1,386,033 | +€132,042 | +10.5% |
| Land and buildings | 22 | €1,168,995 | €1,236,557 | +€67,562 | +5.8% |
| Plant, machinery and equipment | 23 | €2,047 | €2,495 | +€448 | +21.9% |
| Furniture and vehicles | 24 | €82,950 | €146,982 | +€64,032 | +77.2% |
| Current assets | 29/58 | €709,194 | €686,424 | -€22,770 | -3.2% |
| Stocks and contracts in progress | 3 | €7,267 | €7,118 | -€149 | -2.0% |
| Stocks | 30/36 | €7,267 | €7,118 | -€149 | -2.0% |
| Amounts receivable within one year | 40/41 | €163,932 | €154,413 | -€9,519 | -5.8% |
| Trade receivables | 40 | €120,636 | €150,641 | +€30,005 | +24.9% |
| Other amounts receivable | 41 | €43,296 | €3,772 | -€39,524 | -91.3% |
| Cash at bank and in hand | 54/58 | €520,984 | €480,519 | -€40,465 | -7.8% |
| Deferred charges and accrued income | 490/1 | €17,011 | €44,374 | +€27,363 | +160.9% |
| Total equity and liabilities | 10/49 | €1,963,185 | €2,072,457 | +€109,271 | +5.6% |
| Equity | 10/15 | €871,738 | €1,163,863 | +€292,125 | +33.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €591,860 | €883,860 | +€292,000 | +49.3% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €591,860 | €883,860 | +€292,000 | +49.3% |
| Profit (loss) carried forward | 14 | €273,678 | €273,803 | +€125 | 0.0% |
| Amounts payable | 17/49 | €1,091,448 | €908,594 | -€182,854 | -16.8% |
| Amounts payable after more than one year | 17 | €719,721 | €637,690 | -€82,030 | -11.4% |
| Financial debts | 170/4 | €719,721 | €637,690 | -€82,030 | -11.4% |
| Amounts payable within one year | 42/48 | €371,727 | €270,904 | -€100,823 | -27.1% |
| Current portion of amounts payable after more than one year | 42 | €173,063 | €82,030 | -€91,032 | -52.6% |
| Financial debts | 43 | - | €29,810 | +€29,810 | |
| Credit institutions | 430/8 | - | €29,810 | +€29,810 | |
| Trade debts | 44 | €89,420 | €98,496 | +€9,076 | +10.1% |
| Suppliers | 440/4 | €89,420 | €98,496 | +€9,076 | +10.1% |
| Taxes, remuneration and social security | 45 | €15,111 | €56,519 | +€41,408 | +274.0% |
| Taxes | 450/3 | €6,677 | €48,745 | +€42,069 | +630.1% |
| Remuneration and social security | 454/9 | €8,434 | €7,773 | -€661 | -7.8% |
| Other amounts payable | 47/48 | €94,134 | €4,050 | -€90,084 | -95.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €42,998 | €38,401 | -€4,597 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €54,141 | €56,590 | +€2,449 | +4.5% |
| Other operating charges | 640/8 | €6,275 | €5,733 | -€542 | -8.6% |
| Gross operating margin | 9900 | €511,952 | €540,859 | +€28,907 | +5.6% |
| Operating profit (loss) | 9901 | €408,538 | €440,136 | +€31,598 | +7.7% |
| Financial income | 75/76B | €1 | €147 | +€146 | +25636.8% |
| Recurring financial income | 75 | €1 | €147 | +€146 | +25636.8% |
| Financial charges | 65/66B | €18,845 | €15,028 | -€3,817 | -20.3% |
| Recurring financial charges | 65 | €18,845 | €15,028 | -€3,817 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | €389,693 | €425,254 | +€35,561 | +9.1% |
| Income taxes | 67/77 | €117,606 | €133,129 | +€15,523 | +13.2% |
| Profit (loss) for the period | 9904 | €272,087 | €292,125 | +€20,038 | +7.4% |
| Profit (loss) for the period to be appropriated | 9905 | €272,087 | €292,125 | +€20,038 | +7.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.