LIRIS: 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.
LIRIS
Largest movements
- Current investments +€169,168
up €169,168 (+121.6%), from €139,169 to €308,338
- Cash -€36,421
down €36,421 (-42.7%), from €85,385 to €48,963
mainly Current investments (-€169,168) and Other debts (-€5,400)
- Tangible fixed assets -€20,202
down €20,202 (-6.6%), from €303,870 to €283,667
- Reserves +€119,141
up €119,141 (+23.9%), from €498,224 to €617,365
- Gross operating margin +€14,919
up €14,919, from -€10,078 to €4,841
- Financial income +€7,944
up €7,944 (+5.1%), from €155,278 to €163,222
- Other operating charges +€5,221
up €5,221 (+670.0%), from €779 to €6,000
- Financial charges +€4,871
up €4,871 (+82.1%), from €5,935 to €10,806
- Depreciation -€4,128
down €4,128 (-17.0%), from €24,330 to €20,202
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 | €590,424 | €702,968 | +€112,544 | +19.1% |
| Fixed assets | 21/28 | €365,870 | €345,667 | -€20,202 | -5.5% |
| Tangible fixed assets | 22/27 | €303,870 | €283,667 | -€20,202 | -6.6% |
| Land and buildings | 22 | €303,870 | €283,667 | -€20,202 | -6.6% |
| Financial fixed assets | 28 | €62,000 | €62,000 | = | 0.0% |
| Current assets | 29/58 | €224,554 | €357,301 | +€132,747 | +59.1% |
| Current investments | 50/53 | €139,169 | €308,338 | +€169,168 | +121.6% |
| Cash at bank and in hand | 54/58 | €85,385 | €48,963 | -€36,421 | -42.7% |
| Total equity and liabilities | 10/49 | €590,424 | €702,968 | +€112,544 | +19.1% |
| Equity | 10/15 | €503,224 | €622,365 | +€119,141 | +23.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €498,224 | €617,365 | +€119,141 | +23.9% |
| Distributable reserves | 133 | €498,224 | €617,365 | +€119,141 | +23.9% |
| Amounts payable | 17/49 | €87,200 | €80,604 | -€6,597 | -7.6% |
| Amounts payable within one year | 42/48 | €87,200 | €80,604 | -€6,597 | -7.6% |
| Trade debts | 44 | €91 | €365 | +€274 | +302.1% |
| Suppliers | 440/4 | €91 | €365 | +€274 | +302.1% |
| Taxes, remuneration and social security | 45 | €23,315 | €21,844 | -€1,471 | -6.3% |
| Taxes | 450/3 | €23,315 | €21,844 | -€1,471 | -6.3% |
| Other amounts payable | 47/48 | €63,794 | €58,394 | -€5,400 | -8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,330 | €20,202 | -€4,128 | -17.0% |
| Other operating charges | 640/8 | €779 | €6,000 | +€5,221 | +670.0% |
| Gross operating margin | 9900 | -€10,078 | €4,841 | +€14,919 | |
| Operating profit (loss) | 9901 | -€35,188 | -€21,361 | +€13,827 | +39.3% |
| Financial income | 75/76B | €155,278 | €163,222 | +€7,944 | +5.1% |
| Recurring financial income | 75 | €155,278 | €163,222 | +€7,944 | +5.1% |
| Financial charges | 65/66B | €5,935 | €10,806 | +€4,871 | +82.1% |
| Recurring financial charges | 65 | €5,935 | €10,806 | +€4,871 | +82.1% |
| Profit (loss) for the period before taxes | 9903 | €114,155 | €131,055 | +€16,900 | +14.8% |
| Income taxes | 67/77 | €10,378 | €11,914 | +€1,536 | +14.8% |
| Profit (loss) for the period | 9904 | €103,777 | €119,141 | +€15,364 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | €103,777 | €119,141 | +€15,364 | +14.8% |
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 7 October 2026 via checked.be.