Lizette & Florette welding: 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.
Lizette & Florette welding
Largest movements
- Receivables within one year +€28,038
up €28,038 (+407%), from €6,881 to €34,919
of which Trade receivables: +€24,945
- Tangible fixed assets +€15,760
up €15,760 (+79.2%), from €19,893 to €35,652
of which Furniture and vehicles: +€14,139
- Cash +€2,816
up €2,816 (+13.5%), from €20,924 to €23,739
mainly Net result for the year (+€57,070) and Depreciation (+€5,379)
- Stocks and contracts +€2,367
up €2,367 (+72.1%), from €3,284 to €5,651
- Reserves +€42,070
up €42,070 (+145%), from €28,978 to €71,049
- Other debts +€4,749
up €4,749 (+52.7%), from €9,014 to €13,763
- Tax, wage and social debts +€3,226
up €3,226 (+176%), from €1,831 to €5,057
- Trade debts -€1,717
down €1,717 (-94.9%), from €1,810 to €93
- Gross operating margin +€63,166
up €63,166 (+306%), from €20,667 to €83,833
- Taxes +€16,520
up €16,520 (+495%), from €3,337 to €19,857
- Depreciation +€1,661
up €1,661 (+44.7%), from €3,717 to €5,379
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 | €51,634 | €99,962 | +€48,328 | +93.6% |
| Fixed assets | 21/28 | €19,893 | €35,652 | +€15,760 | +79.2% |
| Tangible fixed assets | 22/27 | €19,893 | €35,652 | +€15,760 | +79.2% |
| Plant, machinery and equipment | 23 | €14,754 | €16,375 | +€1,621 | +11.0% |
| Furniture and vehicles | 24 | €5,138 | €19,277 | +€14,139 | +275% |
| Current assets | 29/58 | €31,741 | €64,310 | +€32,569 | +103% |
| Stocks and contracts in progress | 3 | €3,284 | €5,651 | +€2,367 | +72.1% |
| Stocks | 30/36 | €3,284 | €5,651 | +€2,367 | +72.1% |
| Amounts receivable within one year | 40/41 | €6,881 | €34,919 | +€28,038 | +407% |
| Trade receivables | 40 | €2,938 | €27,884 | +€24,945 | +849% |
| Other amounts receivable | 41 | €3,943 | €7,035 | +€3,092 | +78.4% |
| Cash at bank and in hand | 54/58 | €20,924 | €23,739 | +€2,816 | +13.5% |
| Deferred charges and accrued income | 490/1 | €652 | - | -€652 | |
| Total equity and liabilities | 10/49 | €51,634 | €99,962 | +€48,328 | +93.6% |
| Equity | 10/15 | €38,978 | €81,049 | +€42,070 | +108% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €28,978 | €71,049 | +€42,070 | +145% |
| Distributable reserves | 133 | €28,978 | €71,049 | +€42,070 | +145% |
| Amounts payable | 17/49 | €12,655 | €18,913 | +€6,258 | +49.4% |
| Amounts payable within one year | 42/48 | €12,655 | €18,913 | +€6,258 | +49.4% |
| Trade debts | 44 | €1,810 | €93 | -€1,717 | -94.9% |
| Suppliers | 440/4 | €1,810 | €93 | -€1,717 | -94.9% |
| Taxes, remuneration and social security | 45 | €1,831 | €5,057 | +€3,226 | +176% |
| Taxes | 450/3 | €1,831 | €5,057 | +€3,226 | +176% |
| Other amounts payable | 47/48 | €9,014 | €13,763 | +€4,749 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,717 | €5,379 | +€1,661 | +44.7% |
| Other operating charges | 640/8 | €784 | €1,439 | +€655 | +83.6% |
| Gross operating margin | 9900 | €20,667 | €83,833 | +€63,166 | +306% |
| Operating profit (loss) | 9901 | €16,166 | €77,015 | +€60,849 | +376% |
| Financial income | 75/76B | €33 | €59 | +€26 | +79.2% |
| Recurring financial income | 75 | €33 | €59 | +€26 | +79.2% |
| Financial charges | 65/66B | €331 | €147 | -€184 | -55.7% |
| Recurring financial charges | 65 | €331 | €147 | -€184 | -55.7% |
| Profit (loss) for the period before taxes | 9903 | €15,868 | €76,928 | +€61,060 | +385% |
| Income taxes | 67/77 | €3,337 | €19,857 | +€16,520 | +495% |
| Profit (loss) for the period | 9904 | €12,531 | €57,070 | +€44,540 | +355% |
| Profit (loss) for the period to be appropriated | 9905 | €12,531 | €57,070 | +€44,540 | +355% |
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 29 October 2026 via checked.be.