LION HEART ENGINEERING: 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.
LION HEART ENGINEERING
Largest movements
- Receivables within one year +€17,350
up €17,350 (+18.9%), from €91,672 to €109,021
of which Trade receivables: +€23,845
- Tangible fixed assets +€1,372
up €1,372 (+294%), from €466 to €1,838
- Cash +€1,236
up €1,236 (+835%), from €148 to €1,384
mainly Trade debts (+€19,083) and Net result for the year (+€11,593)
- Trade debts +€19,083
up €19,083 (+3,174%), from €601 to €19,684
- Profit (loss) carried forward +€10,760
up €10,760 (+98.3%), from €10,944 to €21,704
- Tax, wage and social debts -€4,545
down €4,545 (-49.2%), from €9,240 to €4,695
- Other debts -€4,459
down €4,459 (-8.1%), from €55,317 to €50,859
- Gross operating margin +€17,620
up €17,620, from -€3,420 to €14,200
- Taxes +€1,846
new in 2025: €1,846
- Other operating charges -€387
no longer reported in 2025 (was €387)
- Depreciation -€339
down €339 (-35.1%), from €967 to €628
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 | €92,286 | €113,126 | +€20,840 | +22.6% |
| Fixed assets | 21/28 | €466 | €1,838 | +€1,372 | +294% |
| Tangible fixed assets | 22/27 | €466 | €1,838 | +€1,372 | +294% |
| Furniture and vehicles | 24 | €466 | €1,838 | +€1,372 | +294% |
| Current assets | 29/58 | €91,820 | €111,287 | +€19,468 | +21.2% |
| Amounts receivable within one year | 40/41 | €91,672 | €109,021 | +€17,350 | +18.9% |
| Trade receivables | 40 | €14,400 | €38,245 | +€23,845 | +166% |
| Other amounts receivable | 41 | €77,272 | €70,776 | -€6,496 | -8.4% |
| Cash at bank and in hand | 54/58 | €148 | €1,384 | +€1,236 | +835% |
| Deferred charges and accrued income | 490/1 | - | €882 | +€882 | |
| Total equity and liabilities | 10/49 | €92,286 | €113,126 | +€20,840 | +22.6% |
| Equity | 10/15 | €27,127 | €37,887 | +€10,760 | +39.7% |
| Contributions | 10/11 | €910 | €910 | = | 0.0% |
| Reserves | 13 | €15,273 | €15,273 | = | 0.0% |
| Non-distributable reserves | 130/1 | €273 | €273 | = | 0.0% |
| Reserves not available under the articles | 1311 | €273 | €273 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,944 | €21,704 | +€10,760 | +98.3% |
| Amounts payable | 17/49 | €65,159 | €75,238 | +€10,080 | +15.5% |
| Amounts payable within one year | 42/48 | €65,159 | €75,238 | +€10,080 | +15.5% |
| Trade debts | 44 | €601 | €19,684 | +€19,083 | +3,174% |
| Suppliers | 440/4 | €601 | €19,684 | +€19,083 | +3,174% |
| Taxes, remuneration and social security | 45 | €9,240 | €4,695 | -€4,545 | -49.2% |
| Taxes | 450/3 | €9,240 | €4,695 | -€4,545 | -49.2% |
| Other amounts payable | 47/48 | €55,317 | €50,859 | -€4,459 | -8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €967 | €628 | -€339 | -35.1% |
| Other operating charges | 640/8 | €387 | - | -€387 | |
| Gross operating margin | 9900 | -€3,420 | €14,200 | +€17,620 | |
| Operating profit (loss) | 9901 | -€4,774 | €13,573 | +€18,347 | |
| Financial charges | 65/66B | €177 | €134 | -€42 | -24.1% |
| Recurring financial charges | 65 | €177 | €134 | -€42 | -24.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,951 | €13,439 | +€18,389 | |
| Income taxes | 67/77 | - | €1,846 | +€1,846 | |
| Profit (loss) for the period | 9904 | -€4,951 | €11,593 | +€16,544 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,951 | €11,593 | +€16,544 |
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 16 October 2026 via checked.be.