LISAB: 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.
LISAB
Largest movements
- Tangible fixed assets -€21,274
down €21,274 (-4.4%), from €487,304 to €466,030
of which Land and buildings: -€19,397
- Cash -€13,294
down €13,294 (-15.6%), from €85,434 to €72,141
mainly Current portion of long-term debt (-€210,435) and Net result for the year (-€15,693)
- Stocks and contracts -€13,067
down €13,067 (-12.2%), from €106,691 to €93,624
- Receivables within one year -€7,571
down €7,571 (-30.2%), from €25,082 to €17,511
of which Other amounts receivable: -€4,410
- Current portion of long-term debt -€210,435
down €210,435 (-91.3%), from €230,466 to €20,031
- Debts after one year +€166,540
up €166,540 (+13282.1%), from €1,254 to €167,794
- Profit (loss) carried forward -€15,693
down €15,693 (-37.5%), from €41,889 to €26,196
- Gross operating margin -€13,693
down €13,693 (-15.9%), from €86,149 to €72,455
- Depreciation -€2,454
down €2,454 (-9.8%), from €25,015 to €22,561
- Financial charges +€2,279
up €2,279 (+15.4%), from €14,762 to €17,041
- Staff costs -€1,515
down €1,515 (-3.4%), from €45,144 to €43,629
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 | €706,190 | €650,578 | -€55,612 | -7.9% |
| Fixed assets | 21/28 | €487,304 | €466,030 | -€21,274 | -4.4% |
| Tangible fixed assets | 22/27 | €487,304 | €466,030 | -€21,274 | -4.4% |
| Land and buildings | 22 | €468,851 | €449,454 | -€19,397 | -4.1% |
| Plant, machinery and equipment | 23 | €12,248 | €10,524 | -€1,724 | -14.1% |
| Furniture and vehicles | 24 | €6,206 | €6,052 | -€154 | -2.5% |
| Current assets | 29/58 | €218,886 | €184,548 | -€34,338 | -15.7% |
| Stocks and contracts in progress | 3 | €106,691 | €93,624 | -€13,067 | -12.2% |
| Stocks | 30/36 | €106,691 | €93,624 | -€13,067 | -12.2% |
| Amounts receivable within one year | 40/41 | €25,082 | €17,511 | -€7,571 | -30.2% |
| Trade receivables | 40 | €17,444 | €14,283 | -€3,160 | -18.1% |
| Other amounts receivable | 41 | €7,639 | €3,228 | -€4,410 | -57.7% |
| Cash at bank and in hand | 54/58 | €85,434 | €72,141 | -€13,294 | -15.6% |
| Deferred charges and accrued income | 490/1 | €1,678 | €1,271 | -€406 | -24.2% |
| Total equity and liabilities | 10/49 | €706,190 | €650,578 | -€55,612 | -7.9% |
| Equity | 10/15 | €246,370 | €230,677 | -€15,693 | -6.4% |
| Contributions | 10/11 | €81,600 | €81,600 | = | 0.0% |
| Reserves | 13 | €122,881 | €122,881 | = | 0.0% |
| Tax-exempt reserves | 132 | €8,278 | €8,278 | = | 0.0% |
| Distributable reserves | 133 | €114,603 | €114,603 | = | 0.0% |
| Profit (loss) carried forward | 14 | €41,889 | €26,196 | -€15,693 | -37.5% |
| Amounts payable | 17/49 | €459,820 | €419,901 | -€39,920 | -8.7% |
| Amounts payable after more than one year | 17 | €1,254 | €167,794 | +€166,540 | +13282.1% |
| Financial debts | 170/4 | €1,254 | €167,794 | +€166,540 | +13282.1% |
| Amounts payable within one year | 42/48 | €458,471 | €252,027 | -€206,444 | -45.0% |
| Current portion of amounts payable after more than one year | 42 | €230,466 | €20,031 | -€210,435 | -91.3% |
| Trade debts | 44 | €13,828 | €17,035 | +€3,208 | +23.2% |
| Suppliers | 440/4 | €13,828 | €17,035 | +€3,208 | +23.2% |
| Taxes, remuneration and social security | 45 | €5,258 | €8,125 | +€2,866 | +54.5% |
| Taxes | 450/3 | €4 | €4,218 | +€4,214 | +106958.6% |
| Remuneration and social security | 454/9 | €5,254 | €3,906 | -€1,348 | -25.7% |
| Other amounts payable | 47/48 | €208,919 | €206,836 | -€2,083 | -1.0% |
| Accrued charges and deferred income | 492/3 | €95 | €80 | -€16 | -16.4% |
| Remuneration, social security and pensions | 62 | €45,144 | €43,629 | -€1,515 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,015 | €22,561 | -€2,454 | -9.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €396 | €508 | +€112 | +28.4% |
| Other operating charges | 640/8 | €4,648 | €4,761 | +€113 | +2.4% |
| Gross operating margin | 9900 | €86,149 | €72,455 | -€13,693 | -15.9% |
| Operating profit (loss) | 9901 | €10,946 | €997 | -€9,949 | -90.9% |
| Financial income | 75/76B | €309 | €352 | +€43 | +14.0% |
| Recurring financial income | 75 | €309 | €352 | +€43 | +14.0% |
| Financial charges | 65/66B | €14,762 | €17,041 | +€2,279 | +15.4% |
| Recurring financial charges | 65 | €14,762 | €17,041 | +€2,279 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,508 | -€15,693 | -€12,185 | -347.4% |
| Profit (loss) for the period | 9904 | -€3,508 | -€15,693 | -€12,185 | -347.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,508 | -€15,693 | -€12,185 | -347.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.