LISALIM: 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.
What changed
LISALIM
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€225,769
2024 · €291,268-€65,499
Equity
€4.3m
2024 · €4.1m+€225,769
Cash
€151,255
2024 · €536,603-€385,348
Balance sheet total
€20.7m
2024 · €18.2m+€2.6m
Largest movements
Assets
- Financial fixed assets +€2.0m
up €2.0m (+4750.9%), from €41,775 to €2.0m
of which Affiliated companies: +€2.0m
- Tangible fixed assets +€897,823
up €897,823 (+5.5%), from €16.4m to €17.3m
of which Land and buildings: +€909,404
- Cash -€385,348
down €385,348 (-71.8%), from €536,603 to €151,255
mainly Investment in fixed assets (net) (-€4.0m) and Receivables within one year (-€145,949)
Equity and liabilities
- Short-term financial debts +€1.2m
up €1.2m (+1501.1%), from €78,605 to €1.3m
of which Credit institutions: +€1.2m
- Debts after one year +€1.0m
up €1.0m (+8.3%), from €12.3m to €13.4m
- Reserves +€225,769
up €225,769 (+8.3%), from €2.7m to €2.9m
of which Distributable reserves: +€244,259
Income statement
- Turnover +€214,593
up €214,593 (+8.3%), from €2.6m to €2.8m
- Depreciation +€106,800
up €106,800 (+11.0%), from €971,044 to €1.1m
- Services and other goods +€87,596
up €87,596 (+18.3%), from €478,459 to €566,056
- Staff costs +€46,349
up €46,349 (+10.8%), from €427,978 to €474,327
- Financial income -€33,715
down €33,715 (-56.7%), from €59,431 to €25,717
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.
Result 2024
€291,268
Turnover
+€214,593
Other operating income
+€1,860
Services and other goods
-€87,596
Staff costs
-€46,349
Depreciation
-€106,800
Other operating charges
-€11,795
Financial income
-€33,715
Financial charges
-€16,869
Taxes
+€9,790
Deferred taxes and other
+€11,383
Result 2025
€225,769
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.
From operations
+€1.1m
Investment
-€3.9m
Financing
+€2.4m
Cash 2024
€536,603
From operations (derived)
+€1.1m
Net result for the year
+€225,769
Depreciation
+€1.1m
Receivables within one year
-€145,949
Smaller working-capital items
+€2,103
Provisions
-€17,420
Trade debts
-€70,764
Tax, wage and social debts
+€15,338
Other debts
+€54,104
Investment (derived)
-€3.9m
Investment in fixed assets (net)
-€4.0m
Current investments
+€70,000
Financing
+€2.4m
Debts after one year
+€1.0m
Current portion of long-term debt
+€159,679
Short-term financial debts
+€1.2m
Cash 2025
€151,255
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €18,166,422 | €20,730,284 | +€2.6m | +14.1% |
| Fixed assets | 21/28 | €16,450,560 | €19,333,074 | +€2.9m | +17.5% |
| Tangible fixed assets | 22/27 | €16,408,785 | €17,306,608 | +€897,823 | +5.5% |
| Land and buildings | 22 | €16,349,018 | €17,258,423 | +€909,404 | +5.6% |
| Plant, machinery and equipment | 23 | €59,764 | €48,185 | -€11,580 | -19.4% |
| Furniture and vehicles | 24 | €2 | - | -€2 | |
| Financial fixed assets | 28 | €41,775 | €2,026,466 | +€2.0m | +4750.9% |
| Affiliated companies | 280/1 | €39,000 | €2,023,691 | +€2.0m | +5089.0% |
| Participating interests | 280 | - | €2,023,691 | +€2.0m | |
| Amounts receivable | 281 | €39,000 | - | -€39,000 | |
| Other financial fixed assets | 284/8 | €2,775 | €2,775 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €2,775 | €2,775 | = | 0.0% |
| Current assets | 29/58 | €1,715,861 | €1,397,210 | -€318,652 | -18.6% |
| Amounts receivable within one year | 40/41 | €133,471 | €279,420 | +€145,949 | +109.3% |
| Trade receivables | 40 | €67,961 | €69,547 | +€1,586 | +2.3% |
| Other amounts receivable | 41 | €65,511 | €209,873 | +€144,363 | +220.4% |
| Current investments | 50/53 | €1,025,000 | €955,000 | -€70,000 | -6.8% |
| Other investments | 51/53 | €1,025,000 | €955,000 | -€70,000 | -6.8% |
| Cash at bank and in hand | 54/58 | €536,603 | €151,255 | -€385,348 | -71.8% |
| Deferred charges and accrued income | 490/1 | €20,787 | €11,534 | -€9,252 | -44.5% |
| Total equity and liabilities | 10/49 | €18,166,422 | €20,730,284 | +€2.6m | +14.1% |
| Equity | 10/15 | €4,115,721 | €4,341,490 | +€225,769 | +5.5% |
| Contributions | 10/11 | €1,252,681 | €1,252,681 | = | 0.0% |
| Capital | 10 | €1,252,010 | €1,252,010 | = | 0.0% |
| Issued capital | 100 | €1,252,010 | €1,252,010 | = | 0.0% |
| Outside capital | 11 | €671 | €671 | = | 0.0% |
| Share premium | 1100/10 | €671 | €671 | = | 0.0% |
| Revaluation surpluses | 12 | €145,940 | €145,940 | = | 0.0% |
| Reserves | 13 | €2,717,100 | €2,942,869 | +€225,769 | +8.3% |
| Non-distributable reserves | 130/1 | €134,366 | €134,366 | = | 0.0% |
| Legal reserve | 130 | €125,201 | €125,201 | = | 0.0% |
| Reserves not available under the articles | 1311 | €9,165 | €9,165 | = | 0.0% |
| Tax-exempt reserves | 132 | €457,171 | €438,681 | -€18,490 | -4.0% |
| Distributable reserves | 133 | €2,125,564 | €2,369,823 | +€244,259 | +11.5% |
| Provisions and deferred taxes | 16 | €399,702 | €382,282 | -€17,420 | -4.4% |
| Deferred taxes | 168 | €399,702 | €382,282 | -€17,420 | -4.4% |
| Amounts payable | 17/49 | €13,650,999 | €16,006,512 | +€2.4m | +17.3% |
| Amounts payable after more than one year | 17 | €12,345,398 | €13,369,787 | +€1.0m | +8.3% |
| Financial debts | 170/4 | €12,345,398 | €13,369,787 | +€1.0m | +8.3% |
| Credit institutions | 173 | €7,075,398 | €8,299,787 | +€1.2m | +17.3% |
| Other loans | 174 | €5,270,000 | €5,070,000 | -€200,000 | -3.8% |
| Amounts payable within one year | 42/48 | €1,253,521 | €2,591,793 | +€1.3m | +106.8% |
| Current portion of amounts payable after more than one year | 42 | €865,487 | €1,025,166 | +€159,679 | +18.4% |
| Financial debts | 43 | €78,605 | €1,258,520 | +€1.2m | +1501.1% |
| Credit institutions | 430/8 | €58,412 | €1,258,520 | +€1.2m | +2054.5% |
| Other loans | 439 | €20,192 | - | -€20,192 | |
| Trade debts | 44 | €133,145 | €62,381 | -€70,764 | -53.1% |
| Suppliers | 440/4 | €133,145 | €62,381 | -€70,764 | -53.1% |
| Taxes, remuneration and social security | 45 | €75,579 | €90,917 | +€15,338 | +20.3% |
| Taxes | 450/3 | €19,551 | €23,167 | +€3,616 | +18.5% |
| Remuneration and social security | 454/9 | €56,028 | €67,749 | +€11,722 | +20.9% |
| Other amounts payable | 47/48 | €100,706 | €154,810 | +€54,104 | +53.7% |
| Accrued charges and deferred income | 492/3 | €52,081 | €44,931 | -€7,150 | -13.7% |
| Operating income | 70/76A | €2,784,009 | €3,000,462 | +€216,453 | +7.8% |
| Turnover | 70 | €2,590,997 | €2,805,591 | +€214,593 | +8.3% |
| Other operating income | 74 | €193,012 | €194,872 | +€1,860 | +1.0% |
| Operating charges | 60/66A | €2,086,947 | €2,339,488 | +€252,541 | +12.1% |
| Services and other goods | 61 | €478,459 | €566,056 | +€87,596 | +18.3% |
| Remuneration, social security and pensions | 62 | €427,978 | €474,327 | +€46,349 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971,044 | €1,077,844 | +€106,800 | +11.0% |
| Other operating charges | 640/8 | €209,466 | €221,261 | +€11,795 | +5.6% |
| Operating profit (loss) | 9901 | €697,062 | €660,975 | -€36,088 | -5.2% |
| Financial income | 75/76B | €59,431 | €25,717 | -€33,715 | -56.7% |
| Recurring financial income | 75 | €59,431 | €25,717 | -€33,715 | -56.7% |
| Income from current assets | 751 | €59,431 | €25,714 | -€33,717 | -56.7% |
| Other financial income | 752/9 | €0 | €3 | +€2 | +2172.7% |
| Financial charges | 65/66B | €335,759 | €352,628 | +€16,869 | +5.0% |
| Recurring financial charges | 65 | €335,759 | €352,628 | +€16,869 | +5.0% |
| Debt charges | 650 | €335,082 | €352,463 | +€17,382 | +5.2% |
| Other financial charges | 652/9 | €677 | €164 | -€513 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €420,735 | €334,064 | -€86,671 | -20.6% |
| Transfer from deferred taxes | 780 | €6,037 | €17,420 | +€11,383 | +188.5% |
| Income taxes | 67/77 | €135,505 | €125,715 | -€9,790 | -7.2% |
| Taxes | 670/3 | €135,505 | €125,715 | -€9,790 | -7.2% |
| Profit (loss) for the period | 9904 | €291,268 | €225,769 | -€65,499 | -22.5% |
| Transfer from tax-exempt reserves | 789 | €11,266 | €18,490 | +€7,224 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | €302,534 | €244,259 | -€58,275 | -19.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.