LISTYCON: 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.
LISTYCON
Largest movements
- Receivables within one year -€17,925
down €17,925 (-49.9%), from €35,904 to €17,979
of which Other amounts receivable: -€14,676
- Cash -€15,957
down €15,957 (-86.2%), from €18,504 to €2,547
mainly Net result for the year (-€16,306) and Trade debts (-€13,758)
- Tangible fixed assets -€14,823
down €14,823 (-11.2%), from €132,847 to €118,024
of which Land and buildings: -€12,564
- Reserves -€26,399
down €26,399 (-16.7%), from €158,082 to €131,683
- Trade debts -€13,758
down €13,758 (-40.0%), from €34,370 to €20,612
- Current portion of long-term debt -€12,500
down €12,500 (-75.0%), from €16,667 to €4,167
- Profit (loss) carried forward +€10,093
up €10,093 (+24.4%), from -€41,293 to -€31,200
- Debts after one year -€4,167
no longer reported in 2025 (was €4,167)
- Gross operating margin +€12,067
up €12,067, from -€6,915 to €5,152
- Staff costs -€10,263
down €10,263 (-77.1%), from €13,320 to €3,057
- Financial charges -€1,199
down €1,199 (-52.8%), from €2,269 to €1,070
- Depreciation -€1,132
down €1,132 (-7.1%), from €15,955 to €14,823
- Other operating charges -€308
down €308 (-11.5%), from €2,665 to €2,357
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 | €188,448 | €139,379 | -€49,069 | -26.0% |
| Fixed assets | 21/28 | €132,872 | €118,049 | -€14,823 | -11.2% |
| Tangible fixed assets | 22/27 | €132,847 | €118,024 | -€14,823 | -11.2% |
| Land and buildings | 22 | €128,473 | €115,910 | -€12,564 | -9.8% |
| Plant, machinery and equipment | 23 | €931 | €373 | -€559 | -60.0% |
| Furniture and vehicles | 24 | €1,943 | €242 | -€1,701 | -87.5% |
| Other tangible fixed assets | 26 | €1,500 | €1,500 | = | 0.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €55,576 | €21,329 | -€34,246 | -61.6% |
| Amounts receivable within one year | 40/41 | €35,904 | €17,979 | -€17,925 | -49.9% |
| Trade receivables | 40 | €20,949 | €17,700 | -€3,249 | -15.5% |
| Other amounts receivable | 41 | €14,955 | €279 | -€14,676 | -98.1% |
| Cash at bank and in hand | 54/58 | €18,504 | €2,547 | -€15,957 | -86.2% |
| Deferred charges and accrued income | 490/1 | €1,168 | €803 | -€365 | -31.2% |
| Total equity and liabilities | 10/49 | €188,448 | €139,379 | -€49,069 | -26.0% |
| Equity | 10/15 | €129,189 | €112,883 | -€16,306 | -12.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €158,082 | €131,683 | -€26,399 | -16.7% |
| Distributable reserves | 133 | €158,082 | €131,683 | -€26,399 | -16.7% |
| Profit (loss) carried forward | 14 | -€41,293 | -€31,200 | +€10,093 | +24.4% |
| Amounts payable | 17/49 | €59,259 | €26,496 | -€32,763 | -55.3% |
| Amounts payable after more than one year | 17 | €4,167 | - | -€4,167 | |
| Financial debts | 170/4 | €4,167 | - | -€4,167 | |
| Amounts payable within one year | 42/48 | €55,002 | €26,496 | -€28,506 | -51.8% |
| Current portion of amounts payable after more than one year | 42 | €16,667 | €4,167 | -€12,500 | -75.0% |
| Financial debts | 43 | €1,250 | - | -€1,250 | |
| Other loans | 439 | €1,250 | - | -€1,250 | |
| Trade debts | 44 | €34,370 | €20,612 | -€13,758 | -40.0% |
| Suppliers | 440/4 | €34,370 | €20,612 | -€13,758 | -40.0% |
| Taxes, remuneration and social security | 45 | €2,715 | €635 | -€2,080 | -76.6% |
| Taxes | 450/3 | €598 | €635 | +€37 | +6.2% |
| Remuneration and social security | 454/9 | €2,117 | - | -€2,117 | |
| Other amounts payable | 47/48 | - | €1,082 | +€1,082 | |
| Accrued charges and deferred income | 492/3 | €91 | - | -€91 | |
| Remuneration, social security and pensions | 62 | €13,320 | €3,057 | -€10,263 | -77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,955 | €14,823 | -€1,132 | -7.1% |
| Other operating charges | 640/8 | €2,665 | €2,357 | -€308 | -11.5% |
| Gross operating margin | 9900 | -€6,915 | €5,152 | +€12,067 | |
| Operating profit (loss) | 9901 | -€38,854 | -€15,084 | +€23,770 | +61.2% |
| Financial income | 75/76B | €8 | €69 | +€61 | +757.8% |
| Recurring financial income | 75 | €8 | €69 | +€61 | +757.8% |
| Financial charges | 65/66B | €2,269 | €1,070 | -€1,199 | -52.8% |
| Recurring financial charges | 65 | €2,269 | €1,070 | -€1,199 | -52.8% |
| Profit (loss) for the period before taxes | 9903 | -€41,115 | -€16,085 | +€25,030 | +60.9% |
| Income taxes | 67/77 | €179 | €221 | +€42 | +23.6% |
| Profit (loss) for the period | 9904 | -€41,293 | -€16,306 | +€24,987 | +60.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€41,293 | -€16,306 | +€24,987 | +60.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.