LISARB CONSTRUCT: 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.
LISARB CONSTRUCT
Largest movements
- Cash -€15,216
down €15,216 (-43.9%), from €34,621 to €19,405
mainly Trade debts (-€24,413) and Receivables within one year (-€7,485)
- Receivables within one year +€7,485
up €7,485 (+22.1%), from €33,826 to €41,311
of which Trade receivables: +€12,976
- Tangible fixed assets -€6,884
down €6,884 (-33.1%), from €20,789 to €13,905
of which Furniture and vehicles: -€6,648
- Trade debts -€24,413
down €24,413 (-74.0%), from €33,006 to €8,592
- Tax, wage and social debts +€17,473
up €17,473 (+253%), from €6,896 to €24,369
of which Remuneration and social security: +€16,200
- Other debts -€5,545
down €5,545 (-82.3%), from €6,734 to €1,189
- Profit (loss) carried forward -€2,844
down €2,844 (-11.7%), from €24,299 to €21,455
- Gross operating margin -€8,689
down €8,689 (-59.4%), from €14,624 to €5,935
- Taxes -€2,023
down €2,023 (-61.4%), from €3,296 to €1,273
- Other operating charges -€514
down €514 (-47.8%), from €1,076 to €562
- Depreciation -€211
down €211 (-3.0%), from €7,095 to €6,884
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 | €91,395 | €76,065 | -€15,329 | -16.8% |
| Fixed assets | 21/28 | €20,839 | €13,955 | -€6,884 | -33.0% |
| Tangible fixed assets | 22/27 | €20,789 | €13,905 | -€6,884 | -33.1% |
| Plant, machinery and equipment | 23 | €558 | €321 | -€237 | -42.4% |
| Furniture and vehicles | 24 | €20,232 | €13,584 | -€6,648 | -32.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €70,555 | €62,110 | -€8,445 | -12.0% |
| Amounts receivable within one year | 40/41 | €33,826 | €41,311 | +€7,485 | +22.1% |
| Trade receivables | 40 | €24,053 | €37,029 | +€12,976 | +53.9% |
| Other amounts receivable | 41 | €9,773 | €4,282 | -€5,491 | -56.2% |
| Cash at bank and in hand | 54/58 | €34,621 | €19,405 | -€15,216 | -43.9% |
| Deferred charges and accrued income | 490/1 | €2,108 | €1,394 | -€714 | -33.9% |
| Total equity and liabilities | 10/49 | €91,395 | €76,065 | -€15,329 | -16.8% |
| Equity | 10/15 | €44,759 | €41,915 | -€2,844 | -6.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,299 | €21,455 | -€2,844 | -11.7% |
| Amounts payable | 17/49 | €46,636 | €34,150 | -€12,485 | -26.8% |
| Amounts payable within one year | 42/48 | €46,636 | €34,150 | -€12,485 | -26.8% |
| Trade debts | 44 | €33,006 | €8,592 | -€24,413 | -74.0% |
| Suppliers | 440/4 | €33,006 | €8,592 | -€24,413 | -74.0% |
| Taxes, remuneration and social security | 45 | €6,896 | €24,369 | +€17,473 | +253% |
| Taxes | 450/3 | €3,296 | €4,569 | +€1,273 | +38.6% |
| Remuneration and social security | 454/9 | €3,600 | €19,800 | +€16,200 | +450% |
| Other amounts payable | 47/48 | €6,734 | €1,189 | -€5,545 | -82.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,095 | €6,884 | -€211 | -3.0% |
| Other operating charges | 640/8 | €1,076 | €562 | -€514 | -47.8% |
| Gross operating margin | 9900 | €14,624 | €5,935 | -€8,689 | -59.4% |
| Operating profit (loss) | 9901 | €6,453 | -€1,511 | -€7,964 | |
| Financial income | 75/76B | €146 | €0 | -€146 | -100.0% |
| Recurring financial income | 75 | €146 | €0 | -€146 | -100.0% |
| Financial charges | 65/66B | €203 | €60 | -€143 | -70.4% |
| Recurring financial charges | 65 | €203 | €60 | -€143 | -70.4% |
| Profit (loss) for the period before taxes | 9903 | €6,396 | -€1,571 | -€7,967 | |
| Income taxes | 67/77 | €3,296 | €1,273 | -€2,023 | -61.4% |
| Profit (loss) for the period | 9904 | €3,100 | -€2,844 | -€5,944 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,100 | -€2,844 | -€5,944 |
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 14 October 2026 via checked.be.