LIRUAM: 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.
LIRUAM
Largest movements
- Cash -€18,781
down €18,781 (-99.2%), from €18,926 to €145
mainly Net result for the year (-€15,365) and Contributions, distributions and other (-€15,269)
- Tangible fixed assets -€18,014
down €18,014 (-27.9%), from €64,558 to €46,544
of which Furniture and vehicles: -€16,932
- Receivables within one year -€2,296
down €2,296 (-41.4%), from €5,550 to €3,255
- Receivables after one year -€1,755
down €1,755 (-10.0%), from €17,479 to €15,725
- Reserves -€30,634
down €30,634 (-51.6%), from €59,312 to €28,678
of which Distributable reserves: -€30,634
- Debts after one year -€11,448
down €11,448 (-37.8%), from €30,301 to €18,853
- Other operating charges -€2,485
down €2,485 (-94.6%), from €2,628 to €143
- Financial income -€1,289
down €1,289 (-98.2%), from €1,312 to €24
- Gross operating margin +€1,101
up €1,101 (+25.9%), from €4,248 to €5,349
- Financial charges -€422
down €422 (-22.2%), from €1,899 to €1,477
- Depreciation +€88
up €88 (+0.5%), from €18,790 to €18,879
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 | €107,951 | €66,457 | -€41,494 | -38.4% |
| Fixed assets | 21/28 | €64,558 | €46,544 | -€18,014 | -27.9% |
| Tangible fixed assets | 22/27 | €64,558 | €46,544 | -€18,014 | -27.9% |
| Plant, machinery and equipment | 23 | €4,376 | €3,294 | -€1,082 | -24.7% |
| Furniture and vehicles | 24 | €60,183 | €43,250 | -€16,932 | -28.1% |
| Current assets | 29/58 | €43,393 | €19,913 | -€23,480 | -54.1% |
| Amounts receivable after more than one year | 29 | €17,479 | €15,725 | -€1,755 | -10.0% |
| Other amounts receivable | 291 | €17,479 | €15,725 | -€1,755 | -10.0% |
| Amounts receivable within one year | 40/41 | €5,550 | €3,255 | -€2,296 | -41.4% |
| Other amounts receivable | 41 | €5,550 | €3,255 | -€2,296 | -41.4% |
| Cash at bank and in hand | 54/58 | €18,926 | €145 | -€18,781 | -99.2% |
| Deferred charges and accrued income | 490/1 | €1,438 | €789 | -€649 | -45.2% |
| Total equity and liabilities | 10/49 | €107,951 | €66,457 | -€41,494 | -38.4% |
| Equity | 10/15 | €65,512 | €34,878 | -€30,634 | -46.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €59,312 | €28,678 | -€30,634 | -51.6% |
| Tax-exempt reserves | 132 | €2,749 | €2,749 | = | 0.0% |
| Distributable reserves | 133 | €56,564 | €25,930 | -€30,634 | -54.2% |
| Amounts payable | 17/49 | €42,439 | €31,579 | -€10,860 | -25.6% |
| Amounts payable after more than one year | 17 | €30,301 | €18,853 | -€11,448 | -37.8% |
| Financial debts | 170/4 | €30,301 | €18,853 | -€11,448 | -37.8% |
| Amounts payable within one year | 42/48 | €12,138 | €12,726 | +€588 | +4.8% |
| Current portion of amounts payable after more than one year | 42 | €11,105 | €11,448 | +€343 | +3.1% |
| Trade debts | 44 | €778 | €695 | -€84 | -10.8% |
| Suppliers | 440/4 | €778 | €695 | -€84 | -10.8% |
| Taxes, remuneration and social security | 45 | €255 | €233 | -€22 | -8.6% |
| Taxes | 450/3 | €255 | €233 | -€22 | -8.6% |
| Other amounts payable | 47/48 | - | €350 | +€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,790 | €18,879 | +€88 | +0.5% |
| Other operating charges | 640/8 | €2,628 | €143 | -€2,485 | -94.6% |
| Gross operating margin | 9900 | €4,248 | €5,349 | +€1,101 | +25.9% |
| Operating profit (loss) | 9901 | -€17,171 | -€13,673 | +€3,498 | +20.4% |
| Financial income | 75/76B | €1,312 | €24 | -€1,289 | -98.2% |
| Recurring financial income | 75 | €1,312 | €24 | -€1,289 | -98.2% |
| Financial charges | 65/66B | €1,899 | €1,477 | -€422 | -22.2% |
| Recurring financial charges | 65 | €1,899 | €1,477 | -€422 | -22.2% |
| Profit (loss) for the period before taxes | 9903 | -€17,757 | -€15,126 | +€2,631 | +14.8% |
| Income taxes | 67/77 | €276 | €239 | -€37 | -13.4% |
| Profit (loss) for the period | 9904 | -€18,033 | -€15,365 | +€2,668 | +14.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,033 | -€15,365 | +€2,668 | +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 5 October 2026 via checked.be.