Liro: 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.
Liro
Largest movements
- Receivables within one year +€21,873
up €21,873 (+53.1%), from €41,192 to €63,064
of which Trade receivables: +€14,270
- Cash +€12,028
up €12,028 (+2069.4%), from €581 to €12,609
mainly Other debts (+€140,257) and Depreciation (+€398)
- Other debts +€140,257
up €140,257 (+133.7%), from €104,890 to €245,147
- Profit (loss) carried forward -€76,676
down €76,676 (-2326.4%), from -€3,296 to -€79,971
- Trade debts -€24,189
down €24,189 (-53.2%), from €45,491 to €21,302
- Tax, wage and social debts -€3,477
down €3,477 (-86.6%), from €4,012 to €536
of which Taxes: -€3,483
- Gross operating margin -€95,652
down €95,652, from €18,863 to -€76,789
- Taxes -€3,764
down €3,764 (-93.8%), from €4,012 to €248
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 | €159,771 | €194,504 | +€34,734 | +21.7% |
| Fixed assets | 21/28 | €90,333 | €90,036 | -€297 | -0.3% |
| Tangible fixed assets | 22/27 | €90,333 | €89,935 | -€398 | -0.4% |
| Land and buildings | 22 | €90,333 | €89,935 | -€398 | -0.4% |
| Financial fixed assets | 28 | - | €101 | +€101 | |
| Current assets | 29/58 | €69,438 | €104,469 | +€35,030 | +50.4% |
| Amounts receivable after more than one year | 29 | €25,534 | €26,257 | +€723 | +2.8% |
| Other amounts receivable | 291 | €25,534 | €26,257 | +€723 | +2.8% |
| Amounts receivable within one year | 40/41 | €41,192 | €63,064 | +€21,873 | +53.1% |
| Trade receivables | 40 | €14,245 | €28,515 | +€14,270 | +100.2% |
| Other amounts receivable | 41 | €26,947 | €34,549 | +€7,603 | +28.2% |
| Cash at bank and in hand | 54/58 | €581 | €12,609 | +€12,028 | +2069.4% |
| Deferred charges and accrued income | 490/1 | €2,131 | €2,538 | +€407 | +19.1% |
| Total equity and liabilities | 10/49 | €159,771 | €194,504 | +€34,734 | +21.7% |
| Equity | 10/15 | €3,806 | -€72,870 | -€76,676 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €5,102 | €5,102 | = | 0.0% |
| Distributable reserves | 133 | €5,102 | €5,102 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,296 | -€79,971 | -€76,676 | -2326.4% |
| Amounts payable | 17/49 | €155,965 | €267,374 | +€111,409 | +71.4% |
| Amounts payable within one year | 42/48 | €154,393 | €266,985 | +€112,592 | +72.9% |
| Trade debts | 44 | €45,491 | €21,302 | -€24,189 | -53.2% |
| Suppliers | 440/4 | €45,491 | €21,302 | -€24,189 | -53.2% |
| Taxes, remuneration and social security | 45 | €4,012 | €536 | -€3,477 | -86.6% |
| Taxes | 450/3 | €4,012 | €529 | -€3,483 | -86.8% |
| Remuneration and social security | 454/9 | - | €7 | +€7 | |
| Other amounts payable | 47/48 | €104,890 | €245,147 | +€140,257 | +133.7% |
| Accrued charges and deferred income | 492/3 | €1,572 | €389 | -€1,183 | -75.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €398 | €398 | = | 0.0% |
| Other operating charges | 640/8 | €1,070 | €1,145 | +€75 | +7.0% |
| Gross operating margin | 9900 | €18,863 | -€76,789 | -€95,652 | |
| Operating profit (loss) | 9901 | €17,395 | -€78,332 | -€95,727 | |
| Financial income | 75/76B | €1,956 | €2,438 | +€482 | +24.6% |
| Recurring financial income | 75 | €1,956 | €2,438 | +€482 | +24.6% |
| Financial charges | 65/66B | €172 | €533 | +€361 | +210.6% |
| Recurring financial charges | 65 | €172 | €452 | +€280 | +163.3% |
| Non-recurring financial charges | 66B | - | €81 | +€81 | |
| Profit (loss) for the period before taxes | 9903 | €19,180 | -€76,427 | -€95,607 | |
| Income taxes | 67/77 | €4,012 | €248 | -€3,764 | -93.8% |
| Profit (loss) for the period | 9904 | €15,167 | -€76,676 | -€91,843 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,167 | -€76,676 | -€91,843 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.