LISOTI: 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.
LISOTI
Largest movements
- Tangible fixed assets +€26,419
new in 2025: €26,419
- Receivables within one year -€17,162
down €17,162 (-99.9%), from €17,182 to €20
of which Trade receivables: -€17,182
- Cash +€2,768
up €2,768 (+47.0%), from €5,885 to €8,653
mainly Debts after one year (+€20,952) and Receivables within one year (+€17,162)
- Stocks and contracts +€1,438
up €1,438 (+20.1%), from €7,156 to €8,595
- Debts after one year +€20,952
new in 2025: €20,952
- Advances received -€15,596
no longer reported in 2025 (was €15,596)
- Current portion of long-term debt +€5,699
new in 2025: €5,699
- Trade debts -€3,916
down €3,916 (-86.9%), from €4,504 to €588
- Other debts +€2,859
up €2,859 (+563%), from €508 to €3,366
- Depreciation +€3,471
new in 2025: €3,471
- Gross operating margin -€2,236
down €2,236 (-25.1%), from €8,899 to €6,662
- Taxes -€1,591
down €1,591 (-82.0%), from €1,941 to €350
- Financial charges +€658
up €658 (+101%), from €653 to €1,311
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 | €30,224 | €43,687 | +€13,463 | +44.5% |
| Fixed assets | 21/28 | - | €26,419 | +€26,419 | |
| Tangible fixed assets | 22/27 | - | €26,419 | +€26,419 | |
| Plant, machinery and equipment | 23 | - | €26,419 | +€26,419 | |
| Current assets | 29/58 | €30,224 | €17,268 | -€12,956 | -42.9% |
| Stocks and contracts in progress | 3 | €7,156 | €8,595 | +€1,438 | +20.1% |
| Stocks | 30/36 | €7,156 | €8,595 | +€1,438 | +20.1% |
| Amounts receivable within one year | 40/41 | €17,182 | €20 | -€17,162 | -99.9% |
| Trade receivables | 40 | €17,182 | - | -€17,182 | |
| Other amounts receivable | 41 | - | €20 | +€20 | |
| Cash at bank and in hand | 54/58 | €5,885 | €8,653 | +€2,768 | +47.0% |
| Total equity and liabilities | 10/49 | €30,224 | €43,687 | +€13,463 | +44.5% |
| Equity | 10/15 | €7,675 | €8,040 | +€365 | +4.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €5,175 | €5,175 | = | 0.0% |
| Distributable reserves | 133 | €5,175 | €5,175 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €365 | +€365 | |
| Amounts payable | 17/49 | €22,548 | €35,647 | +€13,098 | +58.1% |
| Amounts payable after more than one year | 17 | - | €20,952 | +€20,952 | |
| Financial debts | 170/4 | - | €20,952 | +€20,952 | |
| Amounts payable within one year | 42/48 | €22,548 | €13,929 | -€8,620 | -38.2% |
| Current portion of amounts payable after more than one year | 42 | - | €5,699 | +€5,699 | |
| Trade debts | 44 | €4,504 | €588 | -€3,916 | -86.9% |
| Suppliers | 440/4 | €4,504 | €588 | -€3,916 | -86.9% |
| Advances received on contracts in progress | 46 | €15,596 | - | -€15,596 | |
| Taxes, remuneration and social security | 45 | €1,941 | €4,275 | +€2,334 | +120% |
| Taxes | 450/3 | €1,941 | €4,275 | +€2,334 | +120% |
| Other amounts payable | 47/48 | €508 | €3,366 | +€2,859 | +563% |
| Accrued charges and deferred income | 492/3 | - | €766 | +€766 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €3,471 | +€3,471 | |
| Other operating charges | 640/8 | €1,130 | €1,166 | +€36 | +3.2% |
| Gross operating margin | 9900 | €8,899 | €6,662 | -€2,236 | -25.1% |
| Operating profit (loss) | 9901 | €7,769 | €2,026 | -€5,743 | -73.9% |
| Financial charges | 65/66B | €653 | €1,311 | +€658 | +101% |
| Recurring financial charges | 65 | €653 | €1,311 | +€658 | +101% |
| Profit (loss) for the period before taxes | 9903 | €7,116 | €715 | -€6,401 | -90.0% |
| Income taxes | 67/77 | €1,941 | €350 | -€1,591 | -82.0% |
| Profit (loss) for the period | 9904 | €5,175 | €365 | -€4,810 | -92.9% |
| Profit (loss) for the period to be appropriated | 9905 | €5,175 | €365 | -€4,810 | -92.9% |
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 13 October 2026 via checked.be.