LIS: 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.
LIS
Largest movements
- Cash -€28,040
down €28,040 (-11.0%), from €254,554 to €226,514
mainly Net result for the year (-€18,276) and Other debts (-€12,810)
- Tangible fixed assets -€2,967
down €2,967 (-25.0%), from €11,869 to €8,902
- Profit (loss) carried forward -€18,276
down €18,276 (-10.0%), from €183,220 to €164,944
- Other debts -€12,810
down €12,810 (-56.9%), from €22,524 to €9,714
- Taxes -€59,453
no longer reported in 2025 (was €59,453)
- Services and other goods -€51,423
no longer reported in 2025 (was €51,423)
- Gross operating margin -€12,376
new in 2025: -€12,376
- Financial charges +€515
up €515 (+695.9%), from €74 to €589
- Other operating charges -€471
down €471 (-16.7%), from €2,815 to €2,344
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 | €281,367 | €250,012 | -€31,355 | -11.1% |
| Fixed assets | 21/28 | €11,869 | €8,902 | -€2,967 | -25.0% |
| Tangible fixed assets | 22/27 | €11,869 | €8,902 | -€2,967 | -25.0% |
| Land and buildings | 22 | €11,869 | €8,902 | -€2,967 | -25.0% |
| Current assets | 29/58 | €269,498 | €241,110 | -€28,388 | -10.5% |
| Amounts receivable within one year | 40/41 | €14,944 | €14,596 | -€348 | -2.3% |
| Other amounts receivable | 41 | €14,944 | €14,596 | -€348 | -2.3% |
| Cash at bank and in hand | 54/58 | €254,554 | €226,514 | -€28,040 | -11.0% |
| Total equity and liabilities | 10/49 | €281,367 | €250,012 | -€31,355 | -11.1% |
| Equity | 10/15 | €255,414 | €237,138 | -€18,276 | -7.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | - | -€70,000 | |
| Issued capital | 100 | €70,000 | - | -€70,000 | |
| Reserves | 13 | €2,194 | €2,194 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,194 | €2,194 | = | 0.0% |
| Legal reserve | 130 | €2,194 | - | -€2,194 | |
| Reserves not available under the articles | 1311 | - | €2,194 | +€2,194 | |
| Profit (loss) carried forward | 14 | €183,220 | €164,944 | -€18,276 | -10.0% |
| Amounts payable | 17/49 | €25,953 | €12,874 | -€13,079 | -50.4% |
| Amounts payable within one year | 42/48 | €25,953 | €12,874 | -€13,079 | -50.4% |
| Trade debts | 44 | €3,429 | €3,160 | -€269 | -7.8% |
| Suppliers | 440/4 | €3,429 | €3,160 | -€269 | -7.8% |
| Other amounts payable | 47/48 | €22,524 | €9,714 | -€12,810 | -56.9% |
| Operating income | 70/76A | €310,500 | - | -€310,500 | |
| Turnover | 70 | €10,500 | €10,500 | = | 0.0% |
| Non-recurring operating income | 76A | €300,000 | - | -€300,000 | |
| Operating charges | 60/66A | €57,446 | - | -€57,446 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €22,876 | +€22,876 | |
| Services and other goods | 61 | €51,423 | - | -€51,423 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,208 | €2,967 | -€241 | -7.5% |
| Other operating charges | 640/8 | €2,815 | €2,344 | -€471 | -16.7% |
| Gross operating margin | 9900 | - | -€12,376 | -€12,376 | |
| Operating profit (loss) | 9901 | €253,054 | -€17,687 | -€270,741 | |
| Financial charges | 65/66B | €74 | €589 | +€515 | +695.9% |
| Recurring financial charges | 65 | €74 | €589 | +€515 | +695.9% |
| Debt charges | 650 | €74 | - | -€74 | |
| Profit (loss) for the period before taxes | 9903 | €252,980 | -€18,276 | -€271,256 | |
| Income taxes | 67/77 | €59,453 | - | -€59,453 | |
| Taxes | 670/3 | €59,453 | - | -€59,453 | |
| Profit (loss) for the period | 9904 | €193,527 | -€18,276 | -€211,803 | |
| Profit (loss) for the period to be appropriated | 9905 | €193,527 | -€18,276 | -€211,803 |
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 10 October 2026 via checked.be.