LISKA: 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.
LISKA
Largest movements
- Receivables within one year +€52,030
up €52,030 (+483%), from €10,776 to €62,806
of which Trade receivables: +€52,030
- Tangible fixed assets -€39,304
down €39,304 (-4.9%), from €809,535 to €770,231
of which Land and buildings: -€37,004
- Debts after one year -€46,170
down €46,170 (-9.9%), from €464,367 to €418,196
of which Financial debts: -€46,170
- Other debts +€25,493
up €25,493 (+10.2%), from €250,441 to €275,934
- Reserves +€19,734
up €19,734 (+11.3%), from €173,941 to €193,674
- Tax, wage and social debts +€11,139
up €11,139 (+65.0%), from €17,129 to €28,268
- Gross operating margin -€17,572
down €17,572 (-15.7%), from €112,272 to €94,700
- Staff costs -€6,076
no longer reported in 2025 (was €6,076)
- Depreciation +€1,854
up €1,854 (+4.7%), from €39,531 to €41,385
- Write-downs -€1,750
no longer reported in 2025 (was €1,750)
- Taxes -€1,281
down €1,281 (-10.3%), from €12,394 to €11,113
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 | €1,001,360 | €1,021,015 | +€19,655 | +2.0% |
| Fixed assets | 21/28 | €809,535 | €770,231 | -€39,304 | -4.9% |
| Tangible fixed assets | 22/27 | €809,535 | €770,231 | -€39,304 | -4.9% |
| Land and buildings | 22 | €798,426 | €761,423 | -€37,004 | -4.6% |
| Plant, machinery and equipment | 23 | €3,725 | €2,494 | -€1,230 | -33.0% |
| Furniture and vehicles | 24 | €87 | - | -€87 | |
| Other tangible fixed assets | 26 | €7,297 | €6,314 | -€983 | -13.5% |
| Current assets | 29/58 | €191,825 | €250,784 | +€58,959 | +30.7% |
| Amounts receivable within one year | 40/41 | €10,776 | €62,806 | +€52,030 | +483% |
| Trade receivables | 40 | €10,774 | €62,804 | +€52,030 | +483% |
| Other amounts receivable | 41 | €3 | €2 | -€0 | -18.5% |
| Cash at bank and in hand | 54/58 | €181,049 | €187,978 | +€6,929 | +3.8% |
| Total equity and liabilities | 10/49 | €1,001,360 | €1,021,015 | +€19,655 | +2.0% |
| Equity | 10/15 | €215,041 | €234,774 | +€19,734 | +9.2% |
| Contributions | 10/11 | €41,100 | €41,100 | = | 0.0% |
| Reserves | 13 | €173,941 | €193,674 | +€19,734 | +11.3% |
| Distributable reserves | 133 | €173,941 | €193,674 | +€19,734 | +11.3% |
| Amounts payable | 17/49 | €786,320 | €786,241 | -€79 | 0.0% |
| Amounts payable after more than one year | 17 | €464,367 | €418,196 | -€46,170 | -9.9% |
| Financial debts | 170/4 | €164,367 | €118,196 | -€46,170 | -28.1% |
| Other amounts payable | 178/9 | €300,000 | €300,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €314,553 | €352,044 | +€37,491 | +11.9% |
| Current portion of amounts payable after more than one year | 42 | €44,645 | €46,170 | +€1,525 | +3.4% |
| Trade debts | 44 | €2,338 | €1,672 | -€666 | -28.5% |
| Suppliers | 440/4 | €2,338 | €1,672 | -€666 | -28.5% |
| Taxes, remuneration and social security | 45 | €17,129 | €28,268 | +€11,139 | +65.0% |
| Taxes | 450/3 | €17,129 | €28,268 | +€11,139 | +65.0% |
| Other amounts payable | 47/48 | €250,441 | €275,934 | +€25,493 | +10.2% |
| Accrued charges and deferred income | 492/3 | €7,400 | €16,000 | +€8,600 | +116% |
| Remuneration, social security and pensions | 62 | €6,076 | - | -€6,076 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,531 | €41,385 | +€1,854 | +4.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,750 | - | -€1,750 | |
| Other operating charges | 640/8 | €6,975 | €6,938 | -€37 | -0.5% |
| Gross operating margin | 9900 | €112,272 | €94,700 | -€17,572 | -15.7% |
| Operating profit (loss) | 9901 | €57,939 | €46,376 | -€11,563 | -20.0% |
| Financial income | 75/76B | €203 | €686 | +€483 | +238% |
| Recurring financial income | 75 | €203 | €686 | +€483 | +238% |
| Financial charges | 65/66B | €16,051 | €16,216 | +€165 | +1.0% |
| Recurring financial charges | 65 | €16,051 | €15,753 | -€298 | -1.9% |
| Non-recurring financial charges | 66B | - | €463 | +€463 | |
| Profit (loss) for the period before taxes | 9903 | €42,091 | €30,846 | -€11,245 | -26.7% |
| Income taxes | 67/77 | €12,394 | €11,113 | -€1,281 | -10.3% |
| Profit (loss) for the period | 9904 | €29,697 | €19,734 | -€9,963 | -33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €29,697 | €19,734 | -€9,963 | -33.5% |
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 19 October 2026 via checked.be.