LIOTRADING: what changed
Two fiscal 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.
LIOTRADING
Largest movements
- Tangible fixed assets +€12,438
up €12,438 (+673.5%), from €1,847 to €14,284
- Cash +€1,857
up €1,857 (+269.6%), from €689 to €2,546
mainly Trade debts (+€35,655) and Depreciation (+€10,233)
- Deferred charges and accrued income -€1,327
down €1,327 (-90.0%), from €1,475 to €148
- Trade debts +€35,655
up €35,655 (+7064.7%), from €505 to €36,160
- Other debts -€23,776
down €23,776 (-81.5%), from €29,176 to €5,400
- Gross operating margin -€19,438
down €19,438 (-69.5%), from €27,983 to €8,545
- Depreciation +€9,624
up €9,624 (+1580.6%), from €609 to €10,233
- Taxes -€5,977
down €5,977, from €5,459 to -€518
- Financial charges -€1,627
down €1,627 (-73.9%), from €2,203 to €576
- Financial income +€581
up €581 (+40.8%), from €1,424 to €2,006
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 | €75,930 | €88,098 | +€12,169 | +16.0% |
| Fixed assets | 21/28 | €1,847 | €14,284 | +€12,438 | +673.5% |
| Tangible fixed assets | 22/27 | €1,847 | €14,284 | +€12,438 | +673.5% |
| Furniture and vehicles | 24 | €1,847 | €14,284 | +€12,438 | +673.5% |
| Current assets | 29/58 | €74,083 | €73,814 | -€269 | -0.4% |
| Amounts receivable within one year | 40/41 | €71,919 | €71,120 | -€799 | -1.1% |
| Trade receivables | 40 | €44,669 | €5,886 | -€38,784 | -86.8% |
| Other amounts receivable | 41 | €27,250 | €65,235 | +€37,985 | +139.4% |
| Cash at bank and in hand | 54/58 | €689 | €2,546 | +€1,857 | +269.6% |
| Deferred charges and accrued income | 490/1 | €1,475 | €148 | -€1,327 | -90.0% |
| Total equity and liabilities | 10/49 | €75,930 | €88,098 | +€12,169 | +16.0% |
| Equity | 10/15 | €40,689 | €40,239 | -€450 | -1.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €15,015 | €15,015 | = | 0.0% |
| Distributable reserves | 133 | €15,015 | €15,015 | = | 0.0% |
| Profit (loss) carried forward | 14 | €20,675 | €20,224 | -€450 | -2.2% |
| Amounts payable | 17/49 | €35,240 | €47,859 | +€12,619 | +35.8% |
| Amounts payable within one year | 42/48 | €35,140 | €47,659 | +€12,519 | +35.6% |
| Trade debts | 44 | €505 | €36,160 | +€35,655 | +7064.7% |
| Suppliers | 440/4 | €505 | €36,160 | +€35,655 | +7064.7% |
| Taxes, remuneration and social security | 45 | €5,459 | €6,100 | +€641 | +11.7% |
| Taxes | 450/3 | €5,459 | €6,100 | +€641 | +11.7% |
| Other amounts payable | 47/48 | €29,176 | €5,400 | -€23,776 | -81.5% |
| Accrued charges and deferred income | 492/3 | €100 | €200 | +€100 | +100.0% |
| Non-recurring operating income | 76A | €4,000 | - | -€4,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €609 | €10,233 | +€9,624 | +1580.6% |
| Other operating charges | 640/8 | €461 | €710 | +€249 | +54.0% |
| Gross operating margin | 9900 | €27,983 | €8,545 | -€19,438 | -69.5% |
| Operating profit (loss) | 9901 | €26,913 | -€2,398 | -€29,311 | |
| Financial income | 75/76B | €1,424 | €2,006 | +€581 | +40.8% |
| Recurring financial income | 75 | €1,424 | €2,006 | +€581 | +40.8% |
| Financial charges | 65/66B | €2,203 | €576 | -€1,627 | -73.9% |
| Recurring financial charges | 65 | €2,203 | €576 | -€1,627 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €26,134 | -€968 | -€27,102 | |
| Income taxes | 67/77 | €5,459 | -€518 | -€5,977 | |
| Profit (loss) for the period | 9904 | €20,675 | -€450 | -€21,125 | |
| Profit (loss) for the period to be appropriated | 9905 | €20,675 | -€450 | -€21,125 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.