Lisa Van Loon: 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 Van Loon
Largest movements
- Cash +€19,412
up €19,412 (+72.9%), from €26,625 to €46,038
mainly Net result for the year (+€21,923) and Depreciation (+€10,399)
- Tangible fixed assets -€10,399
down €10,399 (-24.0%), from €43,374 to €32,975
of which Leasing and similar rights: -€8,116
- Receivables within one year +€5,279
up €5,279 (+56.8%), from €9,293 to €14,571
of which Trade receivables: +€9,359
- Reserves +€21,923
new in 2025: €21,923
- Debts after one year -€8,033
down €8,033 (-29.5%), from €27,195 to €19,162
- Gross operating margin +€18,194
up €18,194 (+71.6%), from €25,410 to €43,603
- Write-downs -€10,000
down €10,000 (-100%), from €10,000 to €0
- Taxes +€7,052
up €7,052 (+402%), from €1,752 to €8,805
- Depreciation +€3,531
up €3,531 (+51.4%), from €6,868 to €10,399
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 | €79,971 | €94,668 | +€14,697 | +18.4% |
| Fixed assets | 21/28 | €43,374 | €32,975 | -€10,399 | -24.0% |
| Tangible fixed assets | 22/27 | €43,374 | €32,975 | -€10,399 | -24.0% |
| Furniture and vehicles | 24 | €8,709 | €6,426 | -€2,283 | -26.2% |
| Leasing and similar rights | 25 | €34,665 | €26,549 | -€8,116 | -23.4% |
| Current assets | 29/58 | €36,597 | €61,692 | +€25,096 | +68.6% |
| Amounts receivable within one year | 40/41 | €9,293 | €14,571 | +€5,279 | +56.8% |
| Trade receivables | 40 | €5,008 | €14,366 | +€9,359 | +187% |
| Other amounts receivable | 41 | €4,285 | €205 | -€4,080 | -95.2% |
| Cash at bank and in hand | 54/58 | €26,625 | €46,038 | +€19,412 | +72.9% |
| Deferred charges and accrued income | 490/1 | €679 | €1,083 | +€404 | +59.6% |
| Total equity and liabilities | 10/49 | €79,971 | €94,668 | +€14,697 | +18.4% |
| Equity | 10/15 | €28,730 | €50,653 | +€21,923 | +76.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €21,923 | +€21,923 | |
| Distributable reserves | 133 | - | €21,923 | +€21,923 | |
| Profit (loss) carried forward | 14 | €23,730 | €23,730 | = | 0.0% |
| Amounts payable | 17/49 | €51,241 | €44,015 | -€7,226 | -14.1% |
| Amounts payable after more than one year | 17 | €27,195 | €19,162 | -€8,033 | -29.5% |
| Financial debts | 170/4 | €27,195 | €19,162 | -€8,033 | -29.5% |
| Amounts payable within one year | 42/48 | €12,269 | €13,860 | +€1,591 | +13.0% |
| Current portion of amounts payable after more than one year | 42 | €7,751 | €8,033 | +€282 | +3.6% |
| Trade debts | 44 | €1,006 | €1,080 | +€74 | +7.4% |
| Suppliers | 440/4 | €1,006 | €1,080 | +€74 | +7.4% |
| Taxes, remuneration and social security | 45 | €1,605 | €2,281 | +€676 | +42.1% |
| Taxes | 450/3 | €1,605 | €2,281 | +€676 | +42.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €1,907 | €2,465 | +€558 | +29.3% |
| Accrued charges and deferred income | 492/3 | €11,777 | €10,993 | -€784 | -6.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,868 | €10,399 | +€3,531 | +51.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,000 | €0 | -€10,000 | -100% |
| Other operating charges | 640/8 | €1,089 | €1,335 | +€246 | +22.6% |
| Gross operating margin | 9900 | €25,410 | €43,603 | +€18,194 | +71.6% |
| Operating profit (loss) | 9901 | €7,453 | €31,869 | +€24,416 | +328% |
| Financial income | 75/76B | €44 | €59 | +€15 | +34.5% |
| Recurring financial income | 75 | €44 | €59 | +€15 | +34.5% |
| Financial charges | 65/66B | €1,089 | €1,201 | +€112 | +10.3% |
| Recurring financial charges | 65 | €1,089 | €1,201 | +€112 | +10.3% |
| Profit (loss) for the period before taxes | 9903 | €6,408 | €30,727 | +€24,319 | +379% |
| Income taxes | 67/77 | €1,752 | €8,805 | +€7,052 | +402% |
| Profit (loss) for the period | 9904 | €4,656 | €21,923 | +€17,267 | +371% |
| Profit (loss) for the period to be appropriated | 9905 | €4,656 | €21,923 | +€17,267 | +371% |
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 28 October 2026 via checked.be.