LISTO!(Belgium): 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.
LISTO!(Belgium)
Largest movements
- Receivables within one year +€27,427
up €27,427 (+73.7%), from €37,196 to €64,623
- Tangible fixed assets +€1,420
up €1,420 (+34.7%), from €4,091 to €5,511
of which Furniture and vehicles: +€789
- Profit (loss) carried forward +€25,282
up €25,282 (+87.1%), from -€29,022 to -€3,740
- Trade debts +€6,518
up €6,518 (+279%), from €2,338 to €8,856
- Current portion of long-term debt -€6,099
no longer reported in 2026 (was €6,099)
- Tax, wage and social debts +€3,504
up €3,504 (+28.9%), from €12,123 to €15,627
- Gross operating margin -€12,164
down €12,164 (-25.0%), from €48,609 to €36,445
- Taxes -€2,722
down €2,722 (-19.4%), from €14,013 to €11,291
- Financial income +€1,964
up €1,964 (+224%), from €877 to €2,841
- Other operating charges +€970
up €970 (+227%), from €428 to €1,398
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,199 | €70,743 | +€28,544 | +67.6% |
| Fixed assets | 21/28 | €4,261 | €5,681 | +€1,420 | +33.3% |
| Tangible fixed assets | 22/27 | €4,091 | €5,511 | +€1,420 | +34.7% |
| Furniture and vehicles | 24 | €626 | €1,415 | +€789 | +126% |
| Leasing and similar rights | 25 | €3,465 | €4,096 | +€631 | +18.2% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €37,938 | €65,062 | +€27,124 | +71.5% |
| Amounts receivable within one year | 40/41 | €37,196 | €64,623 | +€27,427 | +73.7% |
| Other amounts receivable | 41 | €37,196 | €64,623 | +€27,427 | +73.7% |
| Cash at bank and in hand | 54/58 | €475 | €83 | -€392 | -82.5% |
| Deferred charges and accrued income | 490/1 | €267 | €356 | +€89 | +33.3% |
| Total equity and liabilities | 10/49 | €42,199 | €70,743 | +€28,544 | +67.6% |
| Equity | 10/15 | €20,978 | €46,260 | +€25,282 | +121% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,022 | -€3,740 | +€25,282 | +87.1% |
| Amounts payable | 17/49 | €21,221 | €24,483 | +€3,262 | +15.4% |
| Amounts payable within one year | 42/48 | €21,221 | €24,483 | +€3,262 | +15.4% |
| Current portion of amounts payable after more than one year | 42 | €6,099 | - | -€6,099 | |
| Trade debts | 44 | €2,338 | €8,856 | +€6,518 | +279% |
| Suppliers | 440/4 | €2,338 | €8,856 | +€6,518 | +279% |
| Advances received on contracts in progress | 46 | €661 | - | -€661 | |
| Taxes, remuneration and social security | 45 | €12,123 | €15,627 | +€3,504 | +28.9% |
| Taxes | 450/3 | €12,123 | €15,627 | +€3,504 | +28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €534 | €942 | +€408 | +76.4% |
| Other operating charges | 640/8 | €428 | €1,398 | +€970 | +227% |
| Gross operating margin | 9900 | €48,609 | €36,445 | -€12,164 | -25.0% |
| Operating profit (loss) | 9901 | €47,647 | €34,105 | -€13,542 | -28.4% |
| Financial income | 75/76B | €877 | €2,841 | +€1,964 | +224% |
| Recurring financial income | 75 | €877 | €2,841 | +€1,964 | +224% |
| Financial charges | 65/66B | €500 | €373 | -€127 | -25.4% |
| Recurring financial charges | 65 | €500 | €373 | -€127 | -25.4% |
| Profit (loss) for the period before taxes | 9903 | €48,024 | €36,573 | -€11,451 | -23.8% |
| Income taxes | 67/77 | €14,013 | €11,291 | -€2,722 | -19.4% |
| Profit (loss) for the period | 9904 | €34,011 | €25,282 | -€8,729 | -25.7% |
| Profit (loss) for the period to be appropriated | 9905 | €34,011 | €25,282 | -€8,729 | -25.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.