LISSENS PROJECTS: 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.
LISSENS PROJECTS
Largest movements
- Tangible fixed assets -€277,420
down €277,420 (-94.9%), from €292,478 to €15,059
of which Land and buildings: -€268,053
- Cash +€57,313
up €57,313 (+157.9%), from €36,303 to €93,616
mainly Investment in fixed assets (net) (+€269,333) and Net result for the year (+€55,777)
- Receivables within one year +€17,170
up €17,170 (+129.6%), from €13,253 to €30,423
of which Other amounts receivable: +€8,698
- Current portion of long-term debt -€129,481
no longer reported in 2025 (was €129,481)
- Debts after one year -€56,790
no longer reported in 2025 (was €56,790)
- Profit (loss) carried forward +€55,777
up €55,777 (+69.9%), from -€79,840 to -€24,064
- Other debts -€54,132
down €54,132 (-72.1%), from €75,032 to €20,900
- Reserves -€22,000
down €22,000 (-15.6%), from €140,924 to €118,924
- Depreciation -€16,439
down €16,439 (-67.0%), from €24,525 to €8,087
- Financial charges +€7,255
up €7,255 (+86.8%), from €8,355 to €15,610
- Taxes +€857
up €857 (+268.1%), from €320 to €1,177
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.
Cash bridge derived
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 | €345,458 | €145,377 | -€200,081 | -57.9% |
| Fixed assets | 21/28 | €292,728 | €15,308 | -€277,420 | -94.8% |
| Tangible fixed assets | 22/27 | €292,478 | €15,059 | -€277,420 | -94.9% |
| Land and buildings | 22 | €268,053 | - | -€268,053 | |
| Furniture and vehicles | 24 | €24,425 | €15,059 | -€9,366 | -38.3% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €52,730 | €130,069 | +€77,339 | +146.7% |
| Amounts receivable within one year | 40/41 | €13,253 | €30,423 | +€17,170 | +129.6% |
| Trade receivables | 40 | €12,158 | €20,630 | +€8,472 | +69.7% |
| Other amounts receivable | 41 | €1,095 | €9,793 | +€8,698 | +794.6% |
| Cash at bank and in hand | 54/58 | €36,303 | €93,616 | +€57,313 | +157.9% |
| Deferred charges and accrued income | 490/1 | €3,173 | €6,030 | +€2,856 | +90.0% |
| Total equity and liabilities | 10/49 | €345,458 | €145,377 | -€200,081 | -57.9% |
| Equity | 10/15 | €81,083 | €114,860 | +€33,777 | +41.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €140,924 | €118,924 | -€22,000 | -15.6% |
| Distributable reserves | 133 | €140,924 | €118,924 | -€22,000 | -15.6% |
| Profit (loss) carried forward | 14 | -€79,840 | -€24,064 | +€55,777 | +69.9% |
| Amounts payable | 17/49 | €264,374 | €30,517 | -€233,857 | -88.5% |
| Amounts payable after more than one year | 17 | €56,790 | - | -€56,790 | |
| Financial debts | 170/4 | €56,790 | - | -€56,790 | |
| Amounts payable within one year | 42/48 | €207,462 | €30,471 | -€176,991 | -85.3% |
| Current portion of amounts payable after more than one year | 42 | €129,481 | - | -€129,481 | |
| Trade debts | 44 | €2,136 | €5,138 | +€3,002 | +140.5% |
| Suppliers | 440/4 | €2,136 | €5,138 | +€3,002 | +140.5% |
| Taxes, remuneration and social security | 45 | €813 | €4,433 | +€3,620 | +445.1% |
| Taxes | 450/3 | €813 | €4,433 | +€3,620 | +445.1% |
| Other amounts payable | 47/48 | €75,032 | €20,900 | -€54,132 | -72.1% |
| Accrued charges and deferred income | 492/3 | €122 | €46 | -€76 | -62.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,525 | €8,087 | -€16,439 | -67.0% |
| Other operating charges | 640/8 | €2,141 | €2,608 | +€467 | +21.8% |
| Non-recurring operating charges | 66A | - | €160 | +€160 | |
| Gross operating margin | 9900 | €83,702 | €83,417 | -€284 | -0.3% |
| Operating profit (loss) | 9901 | €57,036 | €72,563 | +€15,527 | +27.2% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €8,355 | €15,610 | +€7,255 | +86.8% |
| Recurring financial charges | 65 | €8,355 | €15,610 | +€7,255 | +86.8% |
| Profit (loss) for the period before taxes | 9903 | €48,681 | €56,953 | +€8,273 | +17.0% |
| Income taxes | 67/77 | €320 | €1,177 | +€857 | +268.1% |
| Profit (loss) for the period | 9904 | €48,361 | €55,777 | +€7,416 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,361 | €55,777 | +€7,416 | +15.3% |
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 10 October 2026 via checked.be.