LISTAR: what changed
Two fiscal 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.
LISTAR
Largest movements
- Cash -€818
down €818 (-6.2%), from €13,291 to €12,474
mainly Net result for the year (-€1,002)
- Profit (loss) carried forward -€1,002
down €1,002 (-19.2%), from -€5,220 to -€6,222
- Trade debts +€184
up €184 (+435.0%), from €42 to €227
- Gross operating margin -€73
down €73 (-8.4%), from -€875 to -€948
- Financial charges +€11
up €11 (+24.1%), from €44 to €54
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 | €13,422 | €12,604 | -€818 | -6.1% |
| Current assets | 29/58 | €13,422 | €12,604 | -€818 | -6.1% |
| Amounts receivable within one year | 40/41 | €131 | €131 | = | 0.0% |
| Other amounts receivable | 41 | €131 | €131 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,291 | €12,474 | -€818 | -6.2% |
| Total equity and liabilities | 10/49 | €13,422 | €12,604 | -€818 | -6.1% |
| Equity | 10/15 | €13,380 | €12,378 | -€1,002 | -7.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,220 | -€6,222 | -€1,002 | -19.2% |
| Amounts payable | 17/49 | €42 | €227 | +€184 | +435.0% |
| Amounts payable within one year | 42/48 | €42 | €227 | +€184 | +435.0% |
| Trade debts | 44 | €42 | €227 | +€184 | +435.0% |
| Suppliers | 440/4 | €42 | €227 | +€184 | +435.0% |
| Gross operating margin | 9900 | -€875 | -€948 | -€73 | -8.4% |
| Operating profit (loss) | 9901 | -€875 | -€948 | -€73 | -8.4% |
| Financial charges | 65/66B | €44 | €54 | +€11 | +24.1% |
| Recurring financial charges | 65 | €44 | €54 | +€11 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | -€918 | -€1,002 | -€84 | -9.1% |
| Profit (loss) for the period | 9904 | -€918 | -€1,002 | -€84 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€918 | -€1,002 | -€84 | -9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.