Lisédouard: 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.
Lisédouard
Largest movements
- Tangible fixed assets -€1,065
down €1,065 (-42.7%), from €2,494 to €1,430
- Cash +€90
up €90 (+13,670%), from €1 to €91
mainly Other debts (+€1,245) and Depreciation (+€1,065)
- Profit (loss) carried forward -€2,370
down €2,370 (-8.7%), from -€27,262 to -€29,631
- Other debts +€1,245
up €1,245 (+4.3%), from €28,724 to €29,969
- Trade debts +€173
up €173 (+95.4%), from €182 to €355
- Gross operating margin +€1,691
up €1,691 (+73.5%), from -€2,302 to -€611
- Depreciation -€443
down €443 (-29.4%), from €1,507 to €1,065
- Other operating charges +€266
up €266 (+68.8%), from €387 to €654
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 | €2,644 | €1,693 | -€951 | -36.0% |
| Fixed assets | 21/28 | €2,494 | €1,430 | -€1,065 | -42.7% |
| Tangible fixed assets | 22/27 | €2,494 | €1,430 | -€1,065 | -42.7% |
| Plant, machinery and equipment | 23 | €2,494 | €1,430 | -€1,065 | -42.7% |
| Current assets | 29/58 | €150 | €263 | +€114 | +76.0% |
| Amounts receivable within one year | 40/41 | €149 | €172 | +€23 | +15.7% |
| Trade receivables | 40 | - | €45 | +€45 | |
| Other amounts receivable | 41 | €149 | €127 | -€22 | -14.5% |
| Cash at bank and in hand | 54/58 | €1 | €91 | +€90 | +13,670% |
| Total equity and liabilities | 10/49 | €2,644 | €1,693 | -€951 | -36.0% |
| Equity | 10/15 | -€26,262 | -€28,631 | -€2,370 | -9.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€27,262 | -€29,631 | -€2,370 | -8.7% |
| Amounts payable | 17/49 | €28,906 | €30,324 | +€1,418 | +4.9% |
| Amounts payable within one year | 42/48 | €28,906 | €30,324 | +€1,418 | +4.9% |
| Trade debts | 44 | €182 | €355 | +€173 | +95.4% |
| Suppliers | 440/4 | €182 | €355 | +€173 | +95.4% |
| Other amounts payable | 47/48 | €28,724 | €29,969 | +€1,245 | +4.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,507 | €1,065 | -€443 | -29.4% |
| Other operating charges | 640/8 | €387 | €654 | +€266 | +68.8% |
| Gross operating margin | 9900 | -€2,302 | -€611 | +€1,691 | +73.5% |
| Operating profit (loss) | 9901 | -€4,196 | -€2,329 | +€1,867 | +44.5% |
| Financial charges | 65/66B | €44 | €40 | -€3 | -7.1% |
| Recurring financial charges | 65 | €44 | €40 | -€3 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,240 | -€2,370 | +€1,870 | +44.1% |
| Profit (loss) for the period | 9904 | -€4,240 | -€2,370 | +€1,870 | +44.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,240 | -€2,370 | +€1,870 | +44.1% |
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 28 October 2026 via checked.be.