LIZ ABBEY: 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 ABBEY
Largest movements
- Current investments +€762,113
new in 2025: €762,113
- Cash -€742,659
down €742,659 (-77.9%), from €953,588 to €210,928
mainly Contributions, distributions and other (-€1.2m) and Current investments (-€762,113)
- Tangible fixed assets -€731,633
down €731,633 (-32.8%), from €2.2m to €1.5m
of which Land and buildings: -€731,633
- Receivables within one year +€160,277
up €160,277 (+558%), from €28,745 to €189,022
of which Other amounts receivable: +€157,964
- Profit (loss) carried forward -€1.0m
down €1.0m (-99.8%), from €1.0m to €2,155
- Reserves +€663,853
up €663,853 (+68.3%), from €971,830 to €1.6m
of which Distributable reserves: +€1.0m
- Provisions -€181,174
down €181,174 (-42.3%), from €428,628 to €247,454
- Gross operating margin +€1.1m
up €1.1m (+1,054%), from €102,797 to €1.2m
- Taxes +€516,001
up €516,001 (+1,772%), from €29,119 to €545,121
- Financial income +€86,316
new in 2025: €86,316
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 | €3,214,058 | €2,662,156 | -€551,902 | -17.2% |
| Fixed assets | 21/28 | €2,231,726 | €1,500,093 | -€731,633 | -32.8% |
| Tangible fixed assets | 22/27 | €2,231,726 | €1,500,093 | -€731,633 | -32.8% |
| Land and buildings | 22 | €2,231,726 | €1,500,093 | -€731,633 | -32.8% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €982,332 | €1,162,063 | +€179,731 | +18.3% |
| Amounts receivable within one year | 40/41 | €28,745 | €189,022 | +€160,277 | +558% |
| Trade receivables | 40 | - | €2,313 | +€2,313 | |
| Other amounts receivable | 41 | €28,745 | €186,708 | +€157,964 | +550% |
| Current investments | 50/53 | - | €762,113 | +€762,113 | |
| Cash at bank and in hand | 54/58 | €953,588 | €210,928 | -€742,659 | -77.9% |
| Total equity and liabilities | 10/49 | €3,214,058 | €2,662,156 | -€551,902 | -17.2% |
| Equity | 10/15 | €2,760,712 | €2,402,338 | -€358,374 | -13.0% |
| Contributions | 10/11 | €764,500 | €764,500 | = | 0.0% |
| Reserves | 13 | €971,830 | €1,635,683 | +€663,853 | +68.3% |
| Tax-exempt reserves | 132 | €701,598 | €349,751 | -€351,847 | -50.1% |
| Distributable reserves | 133 | €270,232 | €1,285,932 | +€1.0m | +376% |
| Profit (loss) carried forward | 14 | €1,024,382 | €2,155 | -€1.0m | -99.8% |
| Provisions and deferred taxes | 16 | €428,628 | €247,454 | -€181,174 | -42.3% |
| Deferred taxes | 168 | €428,628 | €247,454 | -€181,174 | -42.3% |
| Amounts payable | 17/49 | €24,718 | €12,364 | -€12,354 | -50.0% |
| Amounts payable within one year | 42/48 | €17,635 | €12,364 | -€5,271 | -29.9% |
| Trade debts | 44 | €2,054 | €0 | -€2,054 | -100% |
| Suppliers | 440/4 | €2,054 | €0 | -€2,054 | -100% |
| Taxes, remuneration and social security | 45 | €1,598 | €8,274 | +€6,676 | +418% |
| Taxes | 450/3 | €1,598 | €8,274 | +€6,676 | +418% |
| Other amounts payable | 47/48 | €13,982 | €4,090 | -€9,893 | -70.7% |
| Accrued charges and deferred income | 492/3 | €7,084 | €0 | -€7,084 | -100% |
| Non-recurring operating income | 76A | €20,000 | €1,158,933 | +€1.1m | +5,695% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,429 | €88,566 | -€3,863 | -4.2% |
| Other operating charges | 640/8 | €1,706 | €2,604 | +€899 | +52.7% |
| Gross operating margin | 9900 | €102,797 | €1,186,721 | +€1.1m | +1,054% |
| Operating profit (loss) | 9901 | €8,663 | €1,095,550 | +€1.1m | +12,546% |
| Financial income | 75/76B | - | €86,316 | +€86,316 | |
| Recurring financial income | 75 | - | €86,316 | +€86,316 | |
| Financial charges | 65/66B | €5,461 | €6,293 | +€833 | +15.2% |
| Recurring financial charges | 65 | €5,461 | €6,293 | +€833 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | €3,202 | €1,175,573 | +€1.2m | +36,610% |
| Transfer from deferred taxes | 780 | €28,876 | €181,174 | +€152,297 | +527% |
| Income taxes | 67/77 | €29,119 | €545,121 | +€516,001 | +1,772% |
| Profit (loss) for the period | 9904 | €2,959 | €811,626 | +€808,667 | +27,327% |
| Transfer from tax-exempt reserves | 789 | €64,648 | €351,847 | +€287,199 | +444% |
| Profit (loss) for the period to be appropriated | 9905 | €67,607 | €1,163,473 | +€1.1m | +1,621% |
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 26 October 2026 via checked.be.