LISEWOUT: 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.
LISEWOUT
Largest movements
- Receivables within one year +€60,108
up €60,108 (+82.3%), from €73,047 to €133,155
of which Other amounts receivable: +€38,654
- Tangible fixed assets +€40,028
up €40,028 (+18.4%), from €217,465 to €257,494
of which Furniture and vehicles: +€44,637
- Other debts +€40,210
up €40,210 (+52.9%), from €75,967 to €116,177
- Reserves +€30,670
up €30,670 (+12.5%), from €245,668 to €276,338
- Debts after one year +€18,320
up €18,320 (+7.8%), from €234,998 to €253,318
- Current portion of long-term debt +€10,327
up €10,327 (+90.9%), from €11,357 to €21,684
- Depreciation +€10,078
up €10,078 (+108%), from €9,320 to €19,398
- Taxes -€5,347
down €5,347 (-30.9%), from €17,296 to €11,948
- Financial charges +€5,082
up €5,082 (+63.3%), from €8,029 to €13,110
- Gross operating margin -€2,668
down €2,668 (-3.5%), from €76,664 to €73,996
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 | €877,489 | €976,240 | +€98,751 | +11.3% |
| Fixed assets | 21/28 | €789,965 | €829,994 | +€40,028 | +5.1% |
| Tangible fixed assets | 22/27 | €217,465 | €257,494 | +€40,028 | +18.4% |
| Land and buildings | 22 | €216,800 | €212,425 | -€4,376 | -2.0% |
| Plant, machinery and equipment | 23 | €665 | €432 | -€233 | -35.1% |
| Furniture and vehicles | 24 | - | €44,637 | +€44,637 | |
| Financial fixed assets | 28 | €572,500 | €572,500 | = | 0.0% |
| Current assets | 29/58 | €87,524 | €146,246 | +€58,723 | +67.1% |
| Amounts receivable within one year | 40/41 | €73,047 | €133,155 | +€60,108 | +82.3% |
| Trade receivables | 40 | - | €21,454 | +€21,454 | |
| Other amounts receivable | 41 | €73,047 | €111,701 | +€38,654 | +52.9% |
| Cash at bank and in hand | 54/58 | €12,536 | €12,654 | +€117 | +0.9% |
| Deferred charges and accrued income | 490/1 | €1,940 | €438 | -€1,502 | -77.4% |
| Total equity and liabilities | 10/49 | €877,489 | €976,240 | +€98,751 | +11.3% |
| Equity | 10/15 | €537,676 | €568,345 | +€30,670 | +5.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €245,668 | €276,338 | +€30,670 | +12.5% |
| Distributable reserves | 133 | €245,668 | €276,338 | +€30,670 | +12.5% |
| Profit (loss) carried forward | 14 | €279,607 | €279,607 | = | 0.0% |
| Amounts payable | 17/49 | €339,813 | €407,894 | +€68,081 | +20.0% |
| Amounts payable after more than one year | 17 | €234,998 | €253,318 | +€18,320 | +7.8% |
| Financial debts | 170/4 | €234,998 | €253,318 | +€18,320 | +7.8% |
| Amounts payable within one year | 42/48 | €103,847 | €154,276 | +€50,429 | +48.6% |
| Current portion of amounts payable after more than one year | 42 | €11,357 | €21,684 | +€10,327 | +90.9% |
| Financial debts | 43 | €7,500 | €7,500 | = | 0.0% |
| Credit institutions | 430/8 | €7,500 | €7,500 | = | 0.0% |
| Trade debts | 44 | €2,523 | €5,124 | +€2,602 | +103% |
| Suppliers | 440/4 | €2,523 | €5,124 | +€2,602 | +103% |
| Taxes, remuneration and social security | 45 | €6,500 | €3,790 | -€2,710 | -41.7% |
| Taxes | 450/3 | €5,564 | €3,790 | -€1,774 | -31.9% |
| Remuneration and social security | 454/9 | €936 | - | -€936 | |
| Other amounts payable | 47/48 | €75,967 | €116,177 | +€40,210 | +52.9% |
| Accrued charges and deferred income | 492/3 | €968 | €300 | -€668 | -69.0% |
| Non-recurring operating income | 76A | - | €6,677 | +€6,677 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,320 | €19,398 | +€10,078 | +108% |
| Other operating charges | 640/8 | €1,373 | €1,845 | +€472 | +34.4% |
| Gross operating margin | 9900 | €76,664 | €73,996 | -€2,668 | -3.5% |
| Operating profit (loss) | 9901 | €65,971 | €52,753 | -€13,218 | -20.0% |
| Financial income | 75/76B | €3,510 | €2,975 | -€536 | -15.3% |
| Recurring financial income | 75 | €3,510 | €2,975 | -€536 | -15.3% |
| Financial charges | 65/66B | €8,029 | €13,110 | +€5,082 | +63.3% |
| Recurring financial charges | 65 | €8,029 | €13,110 | +€5,082 | +63.3% |
| Profit (loss) for the period before taxes | 9903 | €61,453 | €42,618 | -€18,835 | -30.6% |
| Income taxes | 67/77 | €17,296 | €11,948 | -€5,347 | -30.9% |
| Profit (loss) for the period | 9904 | €44,157 | €30,670 | -€13,487 | -30.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,157 | €30,670 | -€13,487 | -30.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.