LIZON: 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.
LIZON
Largest movements
- Receivables within one year -€44,871
down €44,871 (-64.0%), from €70,145 to €25,274
- Tangible fixed assets -€10,691
down €10,691 (-84.4%), from €12,672 to €1,981
of which Furniture and vehicles: -€6,933
- Other debts -€43,622
down €43,622 (-92.6%), from €47,113 to €3,492
- Tax, wage and social debts -€33,179
down €33,179 (-88.9%), from €37,310 to €4,131
of which Taxes: -€18,959
- Reserves +€20,249
up €20,249 (+225.7%), from €8,971 to €29,220
- Debts after one year -€10,443
down €10,443 (-33.4%), from €31,271 to €20,828
- Trade debts +€8,867
up €8,867 (+9.6%), from €92,105 to €100,972
- Gross operating margin +€41,263
up €41,263 (+77.8%), from €53,021 to €94,284
- Staff costs +€38,061
up €38,061 (+190.8%), from €19,947 to €58,008
- Financial charges +€1,046
up €1,046 (+80.0%), from €1,308 to €2,354
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 | €236,530 | €179,086 | -€57,443 | -24.3% |
| Formation expenses | 20 | €342 | €8 | -€333 | -97.6% |
| Fixed assets | 21/28 | €13,672 | €2,981 | -€10,691 | -78.2% |
| Tangible fixed assets | 22/27 | €12,672 | €1,981 | -€10,691 | -84.4% |
| Plant, machinery and equipment | 23 | €5,567 | €1,810 | -€3,758 | -67.5% |
| Furniture and vehicles | 24 | €7,104 | €171 | -€6,933 | -97.6% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €222,516 | €176,097 | -€46,419 | -20.9% |
| Stocks and contracts in progress | 3 | €144,962 | €144,962 | = | 0.0% |
| Stocks | 30/36 | €144,962 | €144,962 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €70,145 | €25,274 | -€44,871 | -64.0% |
| Trade receivables | 40 | €70,145 | €25,274 | -€44,871 | -64.0% |
| Cash at bank and in hand | 54/58 | €7,410 | €5,862 | -€1,548 | -20.9% |
| Total equity and liabilities | 10/49 | €236,530 | €179,086 | -€57,443 | -24.3% |
| Equity | 10/15 | €18,971 | €39,220 | +€20,249 | +106.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Outside capital | 11 | €10,000 | €10,000 | = | 0.0% |
| Other | 1109/19 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €8,971 | €29,220 | +€20,249 | +225.7% |
| Distributable reserves | 133 | €8,971 | €29,220 | +€20,249 | +225.7% |
| Amounts payable | 17/49 | €217,559 | €139,866 | -€77,693 | -35.7% |
| Amounts payable after more than one year | 17 | €31,271 | €20,828 | -€10,443 | -33.4% |
| Financial debts | 170/4 | €31,271 | €20,828 | -€10,443 | -33.4% |
| Amounts payable within one year | 42/48 | €186,288 | €119,038 | -€67,249 | -36.1% |
| Current portion of amounts payable after more than one year | 42 | €9,759 | €10,443 | +€684 | +7.0% |
| Trade debts | 44 | €92,105 | €100,972 | +€8,867 | +9.6% |
| Suppliers | 440/4 | €92,105 | €100,972 | +€8,867 | +9.6% |
| Taxes, remuneration and social security | 45 | €37,310 | €4,131 | -€33,179 | -88.9% |
| Taxes | 450/3 | €19,369 | €411 | -€18,959 | -97.9% |
| Remuneration and social security | 454/9 | €17,940 | €3,720 | -€14,220 | -79.3% |
| Other amounts payable | 47/48 | €47,113 | €3,492 | -€43,622 | -92.6% |
| Remuneration, social security and pensions | 62 | €19,947 | €58,008 | +€38,061 | +190.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,024 | €11,024 | = | 0.0% |
| Other operating charges | 640/8 | €3,517 | €2,660 | -€858 | -24.4% |
| Gross operating margin | 9900 | €53,021 | €94,284 | +€41,263 | +77.8% |
| Operating profit (loss) | 9901 | €18,533 | €22,592 | +€4,059 | +21.9% |
| Financial income | 75/76B | €26 | €12 | -€15 | -55.2% |
| Recurring financial income | 75 | €26 | €12 | -€15 | -55.2% |
| Financial charges | 65/66B | €1,308 | €2,354 | +€1,046 | +80.0% |
| Recurring financial charges | 65 | €1,308 | €2,354 | +€1,046 | +80.0% |
| Profit (loss) for the period before taxes | 9903 | €17,251 | €20,249 | +€2,998 | +17.4% |
| Profit (loss) for the period | 9904 | €17,251 | €20,249 | +€2,998 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €17,251 | €20,249 | +€2,998 | +17.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.