LIZANI GROUP: 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.
LIZANI GROUP
Largest movements
- Tangible fixed assets -€806
down €806 (-16.4%), from €4,927 to €4,120
- Other debts +€10,958
up €10,958 (+2,383%), from €460 to €11,418
- Debts after one year -€5,955
no longer reported in 2025 (was €5,955)
- Trade debts -€5,784
down €5,784 (-12.8%), from €45,177 to €39,393
- Profit (loss) carried forward -€4,458
down €4,458 (-7.5%), from -€59,154 to -€63,612
- Short-term financial debts +€3,836
up €3,836 (+34.9%), from €11,000 to €14,836
- Gross operating margin +€50,604
up €50,604, from -€49,318 to €1,286
- Other operating charges -€5,042
down €5,042 (-93.9%), from €5,367 to €325
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,735 | €34,992 | -€743 | -2.1% |
| Fixed assets | 21/28 | €4,927 | €4,120 | -€806 | -16.4% |
| Tangible fixed assets | 22/27 | €4,927 | €4,120 | -€806 | -16.4% |
| Other tangible fixed assets | 26 | €4,927 | €4,120 | -€806 | -16.4% |
| Current assets | 29/58 | €30,809 | €30,872 | +€64 | +0.2% |
| Stocks and contracts in progress | 3 | €16,530 | €16,530 | = | 0.0% |
| Stocks | 30/36 | €16,530 | €16,530 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €14,279 | €14,342 | +€64 | +0.4% |
| Trade receivables | 40 | €14,279 | €14,342 | +€64 | +0.4% |
| Total equity and liabilities | 10/49 | €35,735 | €34,992 | -€743 | -2.1% |
| Equity | 10/15 | -€38,749 | -€43,207 | -€4,458 | -11.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,154 | -€63,612 | -€4,458 | -7.5% |
| Amounts payable | 17/49 | €74,484 | €78,199 | +€3,715 | +5.0% |
| Amounts payable after more than one year | 17 | €5,955 | - | -€5,955 | |
| Financial debts | 170/4 | €5,955 | - | -€5,955 | |
| Amounts payable within one year | 42/48 | €68,530 | €78,199 | +€9,670 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €5,051 | €5,955 | +€904 | +17.9% |
| Financial debts | 43 | €11,000 | €14,836 | +€3,836 | +34.9% |
| Other loans | 439 | €11,000 | €14,836 | +€3,836 | +34.9% |
| Trade debts | 44 | €45,177 | €39,393 | -€5,784 | -12.8% |
| Suppliers | 440/4 | €45,177 | €39,393 | -€5,784 | -12.8% |
| Taxes, remuneration and social security | 45 | €6,841 | €6,597 | -€244 | -3.6% |
| Taxes | 450/3 | €6,841 | €6,597 | -€244 | -3.6% |
| Other amounts payable | 47/48 | €460 | €11,418 | +€10,958 | +2,383% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €806 | €806 | = | 0.0% |
| Other operating charges | 640/8 | €5,367 | €325 | -€5,042 | -93.9% |
| Non-recurring operating charges | 66A | €5,002 | - | -€5,002 | |
| Gross operating margin | 9900 | -€49,318 | €1,286 | +€50,604 | |
| Operating profit (loss) | 9901 | -€60,493 | €155 | +€60,648 | |
| Financial charges | 65/66B | €4,219 | €4,613 | +€394 | +9.3% |
| Recurring financial charges | 65 | €4,219 | €3,835 | -€384 | -9.1% |
| Non-recurring financial charges | 66B | - | €778 | +€778 | |
| Profit (loss) for the period before taxes | 9903 | -€64,712 | -€4,458 | +€60,254 | +93.1% |
| Income taxes | 67/77 | €116 | - | -€116 | |
| Profit (loss) for the period | 9904 | -€64,828 | -€4,458 | +€60,370 | +93.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€64,828 | -€4,458 | +€60,370 | +93.1% |
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 31 October 2026 via checked.be.