LiSaBo: 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.
LiSaBo
Largest movements
- Cash -€122,371
down €122,371 (-27.3%), from €448,520 to €326,149
mainly Debts after one year (-€145,409) and Receivables within one year (-€38,689)
- Tangible fixed assets -€105,476
down €105,476 (-13.2%), from €796,723 to €691,247
of which Plant, machinery and equipment: -€61,442
- Receivables within one year +€38,689
up €38,689 (+60.1%), from €64,358 to €103,046
of which Other amounts receivable: +€24,638
- Debts after one year -€145,409
down €145,409 (-26.9%), from €539,565 to €394,157
- Profit (loss) carried forward -€34,468
new in 2025: -€34,468
- Trade debts -€25,538
down €25,538 (-16.6%), from €154,106 to €128,568
- Staff costs +€126,773
up €126,773 (+19.3%), from €656,356 to €783,129
- Gross operating margin -€64,222
down €64,222 (-6.7%), from €953,332 to €889,109
- Depreciation -€19,293
down €19,293 (-13.6%), from €141,399 to €122,106
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 | €1,369,045 | €1,165,660 | -€203,385 | -14.9% |
| Fixed assets | 21/28 | €799,758 | €691,445 | -€108,313 | -13.5% |
| Intangible fixed assets | 21 | €2,836 | - | -€2,836 | |
| Tangible fixed assets | 22/27 | €796,723 | €691,247 | -€105,476 | -13.2% |
| Plant, machinery and equipment | 23 | €437,261 | €375,819 | -€61,442 | -14.1% |
| Furniture and vehicles | 24 | €24,121 | €18,828 | -€5,294 | -21.9% |
| Other tangible fixed assets | 26 | €335,341 | €296,601 | -€38,740 | -11.6% |
| Financial fixed assets | 28 | €198 | €198 | = | 0.0% |
| Current assets | 29/58 | €569,286 | €474,214 | -€95,072 | -16.7% |
| Stocks and contracts in progress | 3 | €19,218 | €19,287 | +€69 | +0.4% |
| Stocks | 30/36 | €19,218 | €19,287 | +€69 | +0.4% |
| Amounts receivable within one year | 40/41 | €64,358 | €103,046 | +€38,689 | +60.1% |
| Trade receivables | 40 | €268 | €14,318 | +€14,050 | +5245.2% |
| Other amounts receivable | 41 | €64,090 | €88,728 | +€24,638 | +38.4% |
| Cash at bank and in hand | 54/58 | €448,520 | €326,149 | -€122,371 | -27.3% |
| Deferred charges and accrued income | 490/1 | €37,191 | €25,732 | -€11,459 | -30.8% |
| Total equity and liabilities | 10/49 | €1,369,045 | €1,165,660 | -€203,385 | -14.9% |
| Equity | 10/15 | €339,071 | €303,940 | -€35,131 | -10.4% |
| Contributions | 10/11 | €325,000 | €325,000 | = | 0.0% |
| Reserves | 13 | €14,071 | €13,408 | -€662 | -4.7% |
| Distributable reserves | 133 | €14,071 | €13,408 | -€662 | -4.7% |
| Profit (loss) carried forward | 14 | - | -€34,468 | -€34,468 | |
| Amounts payable | 17/49 | €1,029,974 | €861,719 | -€168,254 | -16.3% |
| Amounts payable after more than one year | 17 | €539,565 | €394,157 | -€145,409 | -26.9% |
| Financial debts | 170/4 | €539,565 | €394,157 | -€145,409 | -26.9% |
| Amounts payable within one year | 42/48 | €490,409 | €467,563 | -€22,846 | -4.7% |
| Current portion of amounts payable after more than one year | 42 | €144,118 | €145,409 | +€1,291 | +0.9% |
| Financial debts | 43 | - | €11,288 | +€11,288 | |
| Other loans | 439 | - | €11,288 | +€11,288 | |
| Trade debts | 44 | €154,106 | €128,568 | -€25,538 | -16.6% |
| Suppliers | 440/4 | €154,106 | €128,568 | -€25,538 | -16.6% |
| Taxes, remuneration and social security | 45 | €71,948 | €62,224 | -€9,724 | -13.5% |
| Taxes | 450/3 | €7,350 | €2,279 | -€5,071 | -69.0% |
| Remuneration and social security | 454/9 | €64,598 | €59,945 | -€4,653 | -7.2% |
| Other amounts payable | 47/48 | €120,237 | €120,074 | -€162 | -0.1% |
| Remuneration, social security and pensions | 62 | €656,356 | €783,129 | +€126,773 | +19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €141,399 | €122,106 | -€19,293 | -13.6% |
| Other operating charges | 640/8 | €4,453 | €7,645 | +€3,192 | +71.7% |
| Gross operating margin | 9900 | €953,332 | €889,109 | -€64,222 | -6.7% |
| Operating profit (loss) | 9901 | €151,124 | -€23,770 | -€174,894 | |
| Financial income | 75/76B | €1 | €49 | +€48 | +3924.6% |
| Recurring financial income | 75 | €1 | €49 | +€48 | +3924.6% |
| Financial charges | 65/66B | €10,368 | €10,651 | +€283 | +2.7% |
| Recurring financial charges | 65 | €10,368 | €10,651 | +€283 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €140,757 | -€34,372 | -€175,129 | |
| Income taxes | 67/77 | €346 | €96 | -€250 | -72.1% |
| Profit (loss) for the period | 9904 | €140,412 | -€34,468 | -€174,880 | |
| Profit (loss) for the period to be appropriated | 9905 | €140,412 | -€34,468 | -€174,880 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.