Lionier: 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.
Lionier
Largest movements
- Stocks and contracts -€341,858
down €341,858 (-63.3%), from €540,005 to €198,147
- Receivables within one year -€98,619
down €98,619 (-35.5%), from €278,048 to €179,429
- Cash +€11,788
up €11,788 (+1,290%), from €914 to €12,702
mainly Stocks and contracts (+€341,858) and Receivables within one year (+€98,619)
- Profit (loss) carried forward -€438,588
down €438,588 (-74.3%), from €590,677 to €152,089
- Trade debts +€37,914
up €37,914 (+21.6%), from €175,283 to €213,197
- Tax, wage and social debts -€28,015
down €28,015 (-66.7%), from €42,007 to €13,992
- Gross operating margin +€542,460
up €542,460 (+1,057%), from €51,333 to €593,794
- Taxes -€11,811
down €11,811 (-91.5%), from €12,902 to €1,090
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 | €818,968 | €390,278 | -€428,690 | -52.3% |
| Current assets | 29/58 | €818,968 | €390,278 | -€428,690 | -52.3% |
| Stocks and contracts in progress | 3 | €540,005 | €198,147 | -€341,858 | -63.3% |
| Stocks | 30/36 | €540,005 | €198,147 | -€341,858 | -63.3% |
| Amounts receivable within one year | 40/41 | €278,048 | €179,429 | -€98,619 | -35.5% |
| Other amounts receivable | 41 | €278,048 | €179,429 | -€98,619 | -35.5% |
| Cash at bank and in hand | 54/58 | €914 | €12,702 | +€11,788 | +1,290% |
| Total equity and liabilities | 10/49 | €818,968 | €390,278 | -€428,690 | -52.3% |
| Equity | 10/15 | €595,677 | €157,089 | -€438,588 | -73.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €590,677 | €152,089 | -€438,588 | -74.3% |
| Amounts payable | 17/49 | €223,291 | €233,189 | +€9,899 | +4.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €217,291 | €233,189 | +€15,899 | +7.3% |
| Trade debts | 44 | €175,283 | €213,197 | +€37,914 | +21.6% |
| Suppliers | 440/4 | €175,283 | €213,197 | +€37,914 | +21.6% |
| Taxes, remuneration and social security | 45 | €42,007 | €13,992 | -€28,015 | -66.7% |
| Taxes | 450/3 | €42,007 | €13,992 | -€28,015 | -66.7% |
| Other amounts payable | 47/48 | - | €6,000 | +€6,000 | |
| Accrued charges and deferred income | 492/3 | €6,000 | €0 | -€6,000 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,675 | +€4,675 | |
| Other operating charges | 640/8 | €1,086 | €1,118 | +€33 | +3.0% |
| Non-recurring operating charges | 66A | - | €1,022,873 | +€1.0m | |
| Gross operating margin | 9900 | €51,333 | €593,794 | +€542,460 | +1,057% |
| Operating profit (loss) | 9901 | €50,248 | -€434,873 | -€485,121 | |
| Financial charges | 65/66B | €2,901 | €2,625 | -€276 | -9.5% |
| Recurring financial charges | 65 | €2,901 | €2,625 | -€276 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €47,347 | -€437,498 | -€484,845 | |
| Income taxes | 67/77 | €12,902 | €1,090 | -€11,811 | -91.5% |
| Profit (loss) for the period | 9904 | €34,446 | -€438,588 | -€473,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €34,446 | -€438,588 | -€473,034 |
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 19 October 2026 via checked.be.