LioFa Management Services: 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.
LioFa Management Services
Largest movements
- Cash +€118,366
up €118,366 (+48.7%), from €242,984 to €361,350
mainly Receivables within one year (+€112,908) and Net result for the year (+€63,364)
- Receivables within one year -€112,908
down €112,908 (-62.8%), from €179,701 to €66,793
of which Trade receivables: -€112,917
- Reserves +€63,364
up €63,364 (+24.0%), from €264,331 to €327,695
- Trade debts -€63,219
down €63,219 (-67.7%), from €93,351 to €30,132
- Gross operating margin -€16,407
down €16,407 (-13.6%), from €120,803 to €104,395
- Taxes -€4,998
down €4,998 (-11.8%), from €42,318 to €37,321
- Financial charges +€1,961
up €1,961 (+1,132%), from €173 to €2,134
- Other operating charges -€1,243
down €1,243 (-80.2%), from €1,550 to €307
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.
Derived cash bridge
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 | €451,882 | €456,635 | +€4,754 | +1.1% |
| Fixed assets | 21/28 | €4,957 | €3,653 | -€1,304 | -26.3% |
| Tangible fixed assets | 22/27 | €4,957 | €3,653 | -€1,304 | -26.3% |
| Plant, machinery and equipment | 23 | €3,234 | €2,606 | -€627 | -19.4% |
| Furniture and vehicles | 24 | €1,724 | €1,047 | -€677 | -39.3% |
| Current assets | 29/58 | €446,924 | €452,982 | +€6,058 | +1.4% |
| Amounts receivable after more than one year | 29 | €22,622 | €22,622 | = | 0.0% |
| Other amounts receivable | 291 | €22,622 | €22,622 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,618 | €1,618 | = | 0.0% |
| Stocks | 30/36 | €1,618 | €1,618 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €179,701 | €66,793 | -€112,908 | -62.8% |
| Trade receivables | 40 | €179,701 | €66,784 | -€112,917 | -62.8% |
| Other amounts receivable | 41 | - | €9 | +€9 | |
| Cash at bank and in hand | 54/58 | €242,984 | €361,350 | +€118,366 | +48.7% |
| Deferred charges and accrued income | 490/1 | - | €600 | +€600 | |
| Total equity and liabilities | 10/49 | €451,882 | €456,635 | +€4,754 | +1.1% |
| Equity | 10/15 | €265,831 | €329,195 | +€63,364 | +23.8% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €264,331 | €327,695 | +€63,364 | +24.0% |
| Distributable reserves | 133 | €264,331 | €327,695 | +€63,364 | +24.0% |
| Amounts payable | 17/49 | €186,051 | €127,441 | -€58,610 | -31.5% |
| Amounts payable within one year | 42/48 | €186,051 | €127,107 | -€58,943 | -31.7% |
| Trade debts | 44 | €93,351 | €30,132 | -€63,219 | -67.7% |
| Suppliers | 440/4 | €93,351 | €30,132 | -€63,219 | -67.7% |
| Taxes, remuneration and social security | 45 | €79,454 | €79,664 | +€209 | +0.3% |
| Taxes | 450/3 | €79,454 | €79,664 | +€209 | +0.3% |
| Other amounts payable | 47/48 | €13,246 | €17,312 | +€4,066 | +30.7% |
| Accrued charges and deferred income | 492/3 | - | €333 | +€333 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €989 | €1,304 | +€315 | +31.8% |
| Other operating charges | 640/8 | €1,550 | €307 | -€1,243 | -80.2% |
| Gross operating margin | 9900 | €120,803 | €104,395 | -€16,407 | -13.6% |
| Operating profit (loss) | 9901 | €118,263 | €102,784 | -€15,480 | -13.1% |
| Financial income | 75/76B | €432 | €35 | -€398 | -91.9% |
| Recurring financial income | 75 | €432 | €35 | -€398 | -91.9% |
| Financial charges | 65/66B | €173 | €2,134 | +€1,961 | +1,132% |
| Recurring financial charges | 65 | €173 | €2,134 | +€1,961 | +1,132% |
| Profit (loss) for the period before taxes | 9903 | €118,523 | €100,684 | -€17,838 | -15.1% |
| Income taxes | 67/77 | €42,318 | €37,321 | -€4,998 | -11.8% |
| Profit (loss) for the period | 9904 | €76,204 | €63,364 | -€12,841 | -16.9% |
| Profit (loss) for the period to be appropriated | 9905 | €76,204 | €63,364 | -€12,841 | -16.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.