LISA FLORIN: 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.
LISA FLORIN
Largest movements
- Cash +€154,257
up €154,257 (+272%), from €56,682 to €210,939
mainly Net result for the year (+€384,793) and Other debts (+€240,333)
- Current investments +€80,654
up €80,654 (+28.1%), from €286,700 to €367,354
- Other debts +€240,333
up €240,333 (+51.5%), from €467,085 to €707,419
- Financial income -€9,576
down €9,576 (-77.7%), from €12,329 to €2,753
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.
Derived cash bridge
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 | €519,944 | €757,585 | +€237,641 | +45.7% |
| Fixed assets | 21/28 | €1,199 | €728 | -€472 | -39.3% |
| Tangible fixed assets | 22/27 | €1,199 | €728 | -€472 | -39.3% |
| Furniture and vehicles | 24 | €1,199 | €728 | -€472 | -39.3% |
| Current assets | 29/58 | €518,745 | €756,858 | +€238,113 | +45.9% |
| Amounts receivable within one year | 40/41 | €174,826 | €178,565 | +€3,739 | +2.1% |
| Trade receivables | 40 | €174,826 | €178,565 | +€3,739 | +2.1% |
| Current investments | 50/53 | €286,700 | €367,354 | +€80,654 | +28.1% |
| Cash at bank and in hand | 54/58 | €56,682 | €210,939 | +€154,257 | +272% |
| Deferred charges and accrued income | 490/1 | €538 | €0 | -€538 | -100% |
| Total equity and liabilities | 10/49 | €519,944 | €757,585 | +€237,641 | +45.7% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €501,344 | €738,985 | +€237,641 | +47.4% |
| Amounts payable within one year | 42/48 | €501,344 | €738,985 | +€237,641 | +47.4% |
| Financial debts | 43 | €145 | €0 | -€145 | -100% |
| Credit institutions | 430/8 | €145 | €0 | -€145 | -100% |
| Trade debts | 44 | €2,419 | €2,376 | -€43 | -1.8% |
| Suppliers | 440/4 | €2,419 | €2,376 | -€43 | -1.8% |
| Taxes, remuneration and social security | 45 | €31,695 | €29,191 | -€2,504 | -7.9% |
| Taxes | 450/3 | €31,695 | €29,191 | -€2,504 | -7.9% |
| Other amounts payable | 47/48 | €467,085 | €707,419 | +€240,333 | +51.5% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €472 | €472 | = | 0.0% |
| Other operating charges | 640/8 | €426 | €765 | +€339 | +79.4% |
| Gross operating margin | 9900 | €511,908 | €516,636 | +€4,728 | +0.9% |
| Operating profit (loss) | 9901 | €511,010 | €515,400 | +€4,389 | +0.9% |
| Financial income | 75/76B | €12,329 | €2,753 | -€9,576 | -77.7% |
| Recurring financial income | 75 | €12,329 | €2,753 | -€9,576 | -77.7% |
| Financial charges | 65/66B | €3,881 | €3,344 | -€537 | -13.8% |
| Recurring financial charges | 65 | €3,881 | €3,344 | -€537 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | €519,459 | €514,809 | -€4,650 | -0.9% |
| Income taxes | 67/77 | €132,899 | €130,016 | -€2,882 | -2.2% |
| Profit (loss) for the period | 9904 | €386,560 | €384,793 | -€1,767 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €386,560 | €384,793 | -€1,767 | -0.5% |
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 1 November 2026 via checked.be.