LISAP - DE JONGHE: 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.
LISAP - DE JONGHE
Largest movements
- Cash -€498,799
down €498,799 (-81.0%), from €615,974 to €117,175
mainly Trade debts (-€387,214) and Investment in fixed assets (net) (-€242,889)
- Tangible fixed assets +€223,229
up €223,229 (+277%), from €80,631 to €303,860
of which Other tangible fixed assets: +€129,814
- Stocks and contracts -€70,647
down €70,647 (-6.4%), from €1.1m to €1.0m
- Receivables within one year -€51,957
down €51,957 (-3.3%), from €1.6m to €1.5m
of which Trade receivables: -€52,205
- Trade debts -€387,214
down €387,214 (-24.1%), from €1.6m to €1.2m
- Other debts -€149,913
down €149,913 (-13.6%), from €1.1m to €949,115
- Profit (loss) carried forward +€137,905
up €137,905 (+4.7%), from -€2.9m to -€2.8m
- Staff costs -€48,943
down €48,943 (-5.3%), from €917,031 to €868,088
- Gross operating margin +€48,318
up €48,318 (+4.5%), from €1.1m to €1.1m
- Depreciation +€21,869
up €21,869 (+237%), from €9,231 to €31,100
- Financial charges -€17,949
down €17,949 (-23.3%), from €76,999 to €59,049
- Write-downs -€12,355
down €12,355, from €10,157 to -€2,198
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 | €3,435,166 | €3,026,171 | -€408,996 | -11.9% |
| Fixed assets | 21/28 | €123,341 | €335,130 | +€211,789 | +172% |
| Tangible fixed assets | 22/27 | €80,631 | €303,860 | +€223,229 | +277% |
| Plant, machinery and equipment | 23 | €80,631 | €78,103 | -€2,528 | -3.1% |
| Furniture and vehicles | 24 | - | €95,943 | +€95,943 | |
| Other tangible fixed assets | 26 | - | €129,814 | +€129,814 | |
| Financial fixed assets | 28 | €42,710 | €31,270 | -€11,440 | -26.8% |
| Current assets | 29/58 | €3,311,825 | €2,691,041 | -€620,785 | -18.7% |
| Stocks and contracts in progress | 3 | €1,096,198 | €1,025,551 | -€70,647 | -6.4% |
| Stocks | 30/36 | €1,096,198 | €1,025,551 | -€70,647 | -6.4% |
| Amounts receivable within one year | 40/41 | €1,595,094 | €1,543,138 | -€51,957 | -3.3% |
| Trade receivables | 40 | €1,588,550 | €1,536,345 | -€52,205 | -3.3% |
| Other amounts receivable | 41 | €6,544 | €6,793 | +€249 | +3.8% |
| Cash at bank and in hand | 54/58 | €615,974 | €117,175 | -€498,799 | -81.0% |
| Deferred charges and accrued income | 490/1 | €4,559 | €5,177 | +€618 | +13.5% |
| Total equity and liabilities | 10/49 | €3,435,166 | €3,026,171 | -€408,996 | -11.9% |
| Equity | 10/15 | €584,654 | €722,559 | +€137,905 | +23.6% |
| Contributions | 10/11 | €1,709,202 | €1,709,202 | = | 0.0% |
| Capital | 10 | €1,709,100 | €1,709,100 | = | 0.0% |
| Issued capital | 100 | €1,709,100 | €1,709,100 | = | 0.0% |
| Contributions outside capital | 11 | €102 | €102 | = | 0.0% |
| Share premium | 1100/10 | €102 | €102 | = | 0.0% |
| Reserves | 13 | €1,813,700 | €1,813,700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,055 | €19,055 | = | 0.0% |
| Legal reserve | 130 | €15,872 | €15,872 | = | 0.0% |
| Other | 1319 | €3,183 | €3,183 | = | 0.0% |
| Tax-exempt reserves | 132 | €322,316 | €322,316 | = | 0.0% |
| Distributable reserves | 133 | €1,472,328 | €1,472,328 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,938,248 | -€2,800,343 | +€137,905 | +4.7% |
| Amounts payable | 17/49 | €2,850,512 | €2,303,611 | -€546,901 | -19.2% |
| Amounts payable after more than one year | 17 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 178/9 | €1,400 | €1,400 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,849,112 | €2,302,211 | -€546,901 | -19.2% |
| Trade debts | 44 | €1,608,388 | €1,221,174 | -€387,214 | -24.1% |
| Suppliers | 440/4 | €1,608,388 | €1,221,174 | -€387,214 | -24.1% |
| Taxes, remuneration and social security | 45 | €141,696 | €131,922 | -€9,774 | -6.9% |
| Taxes | 450/3 | €70,068 | €41,388 | -€28,681 | -40.9% |
| Remuneration and social security | 454/9 | €71,628 | €90,534 | +€18,906 | +26.4% |
| Other amounts payable | 47/48 | €1,099,028 | €949,115 | -€149,913 | -13.6% |
| Remuneration, social security and pensions | 62 | €917,031 | €868,088 | -€48,943 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,231 | €31,100 | +€21,869 | +237% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,157 | -€2,198 | -€12,355 | |
| Other operating charges | 640/8 | €38,983 | €33,378 | -€5,605 | -14.4% |
| Gross operating margin | 9900 | €1,079,647 | €1,127,964 | +€48,318 | +4.5% |
| Operating profit (loss) | 9901 | €104,245 | €197,597 | +€93,352 | +89.6% |
| Financial income | 75/76B | €1,545 | €1,113 | -€432 | -28.0% |
| Recurring financial income | 75 | €1,545 | €1,113 | -€432 | -28.0% |
| Financial charges | 65/66B | €76,999 | €59,049 | -€17,949 | -23.3% |
| Recurring financial charges | 65 | €76,999 | €59,049 | -€17,949 | -23.3% |
| Profit (loss) for the period before taxes | 9903 | €28,791 | €139,661 | +€110,869 | +385% |
| Income taxes | 67/77 | €75 | €1,755 | +€1,681 | +2,250% |
| Profit (loss) for the period | 9904 | €28,717 | €137,905 | +€109,189 | +380% |
| Profit (loss) for the period to be appropriated | 9905 | €28,717 | €137,905 | +€109,189 | +380% |
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 25 October 2026 via checked.be.