LION TRADING: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
LION TRADING
Largest movements
- Cash +€39,400
up €39,400 (+79.5%), from €49,585 to €88,985
mainly Net result for the year (+€40,391) and Depreciation (+€16,055)
- Receivables within one year +€31,934
up €31,934 (+101%), from €31,625 to €63,558
of which Trade receivables: +€37,823
- Tangible fixed assets -€14,367
down €14,367 (-33.4%), from €43,006 to €28,638
of which Furniture and vehicles: -€13,810
- Stocks and contracts -€2,100
down €2,100 (-23.6%), from €8,900 to €6,800
- Profit (loss) carried forward +€40,391
up €40,391 (+45.7%), from €88,440 to €128,831
- Trade debts -€19,813
down €19,813 (-53.7%), from €36,898 to €17,085
- Tax, wage and social debts +€15,854
up €15,854 (+101%), from €15,765 to €31,618
of which Taxes: +€17,172
- Debts after one year +€12,472
new in 2025: €12,472
- Current portion of long-term debt +€4,276
new in 2025: €4,276
- Turnover -€215,170
down €215,170 (-40.7%), from €528,907 to €313,737
- Purchases and services -€78,966
down €78,966 (-17.2%), from €457,779 to €378,812
- Depreciation +€7,515
up €7,515 (+88.0%), from €8,540 to €16,055
- Staff costs -€5,771
no longer reported in 2025 (was €5,771)
- Gross operating margin +€5,555
up €5,555 (+7.8%), from €71,129 to €76,684
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €142,108 | €195,286 | +€53,179 | +37.4% |
| Fixed assets | 21/28 | €51,998 | €35,943 | -€16,055 | -30.9% |
| Intangible fixed assets | 21 | €8,859 | €7,172 | -€1,688 | -19.0% |
| Tangible fixed assets | 22/27 | €43,006 | €28,638 | -€14,367 | -33.4% |
| Plant, machinery and equipment | 23 | €1,671 | €1,114 | -€557 | -33.3% |
| Furniture and vehicles | 24 | €41,335 | €27,524 | -€13,810 | -33.4% |
| Financial fixed assets | 28 | €133 | €133 | = | 0.0% |
| Current assets | 29/58 | €90,110 | €159,343 | +€69,233 | +76.8% |
| Stocks and contracts in progress | 3 | €8,900 | €6,800 | -€2,100 | -23.6% |
| Stocks | 30/36 | €8,900 | €6,800 | -€2,100 | -23.6% |
| Amounts receivable within one year | 40/41 | €31,625 | €63,558 | +€31,934 | +101% |
| Trade receivables | 40 | €22,294 | €60,118 | +€37,823 | +170% |
| Other amounts receivable | 41 | €9,330 | €3,441 | -€5,890 | -63.1% |
| Cash at bank and in hand | 54/58 | €49,585 | €88,985 | +€39,400 | +79.5% |
| Total equity and liabilities | 10/49 | €142,108 | €195,286 | +€53,179 | +37.4% |
| Equity | 10/15 | €89,440 | €129,831 | +€40,391 | +45.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €88,440 | €128,831 | +€40,391 | +45.7% |
| Amounts payable | 17/49 | €52,667 | €65,455 | +€12,788 | +24.3% |
| Amounts payable after more than one year | 17 | - | €12,472 | +€12,472 | |
| Financial debts | 170/4 | - | €12,472 | +€12,472 | |
| Amounts payable within one year | 42/48 | €52,667 | €52,984 | +€316 | +0.6% |
| Current portion of amounts payable after more than one year | 42 | - | €4,276 | +€4,276 | |
| Trade debts | 44 | €36,898 | €17,085 | -€19,813 | -53.7% |
| Suppliers | 440/4 | €36,898 | €17,085 | -€19,813 | -53.7% |
| Taxes, remuneration and social security | 45 | €15,765 | €31,618 | +€15,854 | +101% |
| Taxes | 450/3 | €13,468 | €30,639 | +€17,172 | +128% |
| Remuneration and social security | 454/9 | €2,297 | €979 | -€1,318 | -57.4% |
| Other amounts payable | 47/48 | €4 | €4 | = | 0.0% |
| Turnover | 70 | €528,907 | €313,737 | -€215,170 | -40.7% |
| Non-recurring operating income | 76A | - | €141,759 | +€141,759 | |
| Goods, raw materials, services and sundry goods | 60/61 | €457,779 | €378,812 | -€78,966 | -17.2% |
| Remuneration, social security and pensions | 62 | €5,771 | - | -€5,771 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,540 | €16,055 | +€7,515 | +88.0% |
| Other operating charges | 640/8 | €615 | €436 | -€180 | -29.2% |
| Non-recurring operating charges | 66A | €1,808 | - | -€1,808 | |
| Gross operating margin | 9900 | €71,129 | €76,684 | +€5,555 | +7.8% |
| Operating profit (loss) | 9901 | €54,395 | €60,194 | +€5,799 | +10.7% |
| Financial income | 75/76B | - | €97 | +€97 | |
| Recurring financial income | 75 | - | €97 | +€97 | |
| Financial charges | 65/66B | €562 | €2,728 | +€2,166 | +385% |
| Recurring financial charges | 65 | €562 | €2,728 | +€2,166 | +385% |
| Profit (loss) for the period before taxes | 9903 | €53,832 | €57,562 | +€3,730 | +6.9% |
| Income taxes | 67/77 | €13,135 | €17,172 | +€4,037 | +30.7% |
| Profit (loss) for the period | 9904 | €40,698 | €40,391 | -€307 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | €40,698 | €40,391 | -€307 | -0.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.