LIZ-A: 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.
LIZ-A
Largest movements
- Tangible fixed assets -€22,870
down €22,870 (-3.9%), from €590,764 to €567,894
of which Land and buildings: -€15,119
- Cash -€13,134
down €13,134 (-36.1%), from €36,397 to €23,263
mainly Debts after one year (-€48,607) and Tax, wage and social debts (-€1,967)
- Debts after one year -€48,607
down €48,607 (-11.5%), from €421,837 to €373,230
- Profit (loss) carried forward +€7,222
up €7,222 (+19.9%), from -€36,299 to -€29,077
- Purchases and services +€11,720
up €11,720 (+11.1%), from €105,594 to €117,315
- Staff costs -€10,994
down €10,994, from €9,431 to -€1,563
- Turnover +€10,511
up €10,511 (+7.4%), from €141,861 to €152,373
- Financial charges -€4,719
down €4,719 (-25.2%), from €18,700 to €13,981
of which Financial charges: -€4,719
- Other operating charges +€2,341
up €2,341 (+81.7%), from €2,866 to €5,207
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 | €631,512 | €592,548 | -€38,964 | -6.2% |
| Fixed assets | 21/28 | €591,044 | €568,174 | -€22,870 | -3.9% |
| Tangible fixed assets | 22/27 | €590,764 | €567,894 | -€22,870 | -3.9% |
| Land and buildings | 22 | €551,688 | €536,569 | -€15,119 | -2.7% |
| Plant, machinery and equipment | 23 | €25,227 | €22,073 | -€3,153 | -12.5% |
| Furniture and vehicles | 24 | €13,849 | €9,252 | -€4,598 | -33.2% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €40,468 | €24,374 | -€16,094 | -39.8% |
| Amounts receivable within one year | 40/41 | €3,106 | €1,111 | -€1,995 | -64.2% |
| Trade receivables | 40 | - | €425 | +€425 | |
| Other amounts receivable | 41 | €3,106 | €686 | -€2,420 | -77.9% |
| Cash at bank and in hand | 54/58 | €36,397 | €23,263 | -€13,134 | -36.1% |
| Deferred charges and accrued income | 490/1 | €966 | - | -€966 | |
| Total equity and liabilities | 10/49 | €631,512 | €592,548 | -€38,964 | -6.2% |
| Equity | 10/15 | €183,701 | €190,923 | +€7,222 | +3.9% |
| Contributions | 10/11 | €220,000 | €220,000 | = | 0.0% |
| Capital | 10 | €220,000 | €220,000 | = | 0.0% |
| Issued capital | 100 | €220,000 | €220,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,299 | -€29,077 | +€7,222 | +19.9% |
| Amounts payable | 17/49 | €447,811 | €401,626 | -€46,186 | -10.3% |
| Amounts payable after more than one year | 17 | €421,837 | €373,230 | -€48,607 | -11.5% |
| Financial debts | 170/4 | €421,837 | €373,230 | -€48,607 | -11.5% |
| Amounts payable within one year | 42/48 | €25,974 | €28,396 | +€2,422 | +9.3% |
| Current portion of amounts payable after more than one year | 42 | €17,066 | €18,501 | +€1,435 | +8.4% |
| Trade debts | 44 | €1,273 | €309 | -€963 | -75.7% |
| Suppliers | 440/4 | €1,273 | €309 | -€963 | -75.7% |
| Taxes, remuneration and social security | 45 | €3,081 | €1,115 | -€1,967 | -63.8% |
| Taxes | 450/3 | €1,081 | €1,115 | +€33 | +3.1% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €4,554 | €8,471 | +€3,917 | +86.0% |
| Turnover | 70 | €141,861 | €152,373 | +€10,511 | +7.4% |
| Non-recurring operating income | 76A | €12,631 | €12,659 | +€28 | +0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €105,594 | €117,315 | +€11,720 | +11.1% |
| Remuneration, social security and pensions | 62 | €9,431 | -€1,563 | -€10,994 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,870 | €22,870 | = | 0.0% |
| Other operating charges | 640/8 | €2,866 | €5,207 | +€2,341 | +81.7% |
| Gross operating margin | 9900 | €48,898 | €47,717 | -€1,181 | -2.4% |
| Operating profit (loss) | 9901 | €13,731 | €21,202 | +€7,472 | +54.4% |
| Financial income | 75/76B | €0 | €0 | +€0 | +2,100% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +2,100% |
| Non-recurring financial income | 76B | €0 | €0 | +€0 | +2,100% |
| Financial charges | 65/66B | €18,700 | €13,981 | -€4,719 | -25.2% |
| Recurring financial charges | 65 | €18,700 | €13,981 | -€4,719 | -25.2% |
| Non-recurring financial charges | 66B | €18,700 | €13,981 | -€4,719 | -25.2% |
| Profit (loss) for the period before taxes | 9903 | -€4,969 | €7,222 | +€12,191 | |
| Profit (loss) for the period | 9904 | -€4,969 | €7,222 | +€12,191 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,969 | €7,222 | +€12,191 |
Source: filed annual accounts (NBB), financial years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.