LYAGE: 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.
LYAGE
Largest movements
- Cash -€63,414
down €63,414 (-26.2%), from €242,428 to €179,014
mainly Contributions, distributions and other (-€60,000) and Tax, wage and social debts (-€41,540)
- Intangible fixed assets +€6,183
up €6,183 (+1498.8%), from €413 to €6,595
- Profit (loss) carried forward -€56,667
down €56,667 (-26.8%), from €211,236 to €154,569
- Other debts +€51,443
new in 2025: €51,443
- Tax, wage and social debts -€41,540
down €41,540 (-82.6%), from €50,261 to €8,721
of which Taxes: -€37,702
- Accrued charges and deferred income -€7,709
down €7,709 (-95.0%), from €8,118 to €409
- Trade debts -€5,107
down €5,107 (-65.9%), from €7,744 to €2,637
- Gross operating margin -€172,941
down €172,941 (-94.7%), from €182,539 to €9,598
- Taxes -€38,253
down €38,253 (-96.9%), from €39,460 to €1,207
- Staff costs -€4,321
down €4,321 (-65.0%), from €6,649 to €2,328
- Financial income +€2,133
up €2,133 (+2254.0%), from €95 to €2,227
- Depreciation +€1,934
up €1,934 (+187.9%), from €1,029 to €2,963
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 | €283,358 | €223,778 | -€59,580 | -21.0% |
| Fixed assets | 21/28 | €5,162 | €9,449 | +€4,287 | +83.1% |
| Intangible fixed assets | 21 | €413 | €6,595 | +€6,183 | +1498.8% |
| Tangible fixed assets | 22/27 | €4,749 | €2,854 | -€1,896 | -39.9% |
| Furniture and vehicles | 24 | €4,749 | €2,854 | -€1,896 | -39.9% |
| Current assets | 29/58 | €278,196 | €214,329 | -€63,868 | -23.0% |
| Amounts receivable within one year | 40/41 | €15,334 | €12,720 | -€2,614 | -17.0% |
| Trade receivables | 40 | €15,255 | €8,757 | -€6,498 | -42.6% |
| Other amounts receivable | 41 | €79 | €3,963 | +€3,884 | +4932.6% |
| Current investments | 50/53 | €15,000 | €15,605 | +€605 | +4.0% |
| Cash at bank and in hand | 54/58 | €242,428 | €179,014 | -€63,414 | -26.2% |
| Deferred charges and accrued income | 490/1 | €5,434 | €6,989 | +€1,555 | +28.6% |
| Total equity and liabilities | 10/49 | €283,358 | €223,778 | -€59,580 | -21.0% |
| Equity | 10/15 | €217,236 | €160,569 | -€56,667 | -26.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €211,236 | €154,569 | -€56,667 | -26.8% |
| Amounts payable | 17/49 | €66,122 | €63,209 | -€2,913 | -4.4% |
| Amounts payable within one year | 42/48 | €58,004 | €62,800 | +€4,796 | +8.3% |
| Trade debts | 44 | €7,744 | €2,637 | -€5,107 | -65.9% |
| Suppliers | 440/4 | €7,744 | €2,637 | -€5,107 | -65.9% |
| Taxes, remuneration and social security | 45 | €50,261 | €8,721 | -€41,540 | -82.6% |
| Taxes | 450/3 | €44,602 | €6,900 | -€37,702 | -84.5% |
| Remuneration and social security | 454/9 | €5,658 | €1,820 | -€3,838 | -67.8% |
| Other amounts payable | 47/48 | - | €51,443 | +€51,443 | |
| Accrued charges and deferred income | 492/3 | €8,118 | €409 | -€7,709 | -95.0% |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €6,649 | €2,328 | -€4,321 | -65.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,029 | €2,963 | +€1,934 | +187.9% |
| Other operating charges | 640/8 | €499 | €1,123 | +€624 | +125.2% |
| Gross operating margin | 9900 | €182,539 | €9,598 | -€172,941 | -94.7% |
| Operating profit (loss) | 9901 | €174,362 | €3,184 | -€171,178 | -98.2% |
| Financial income | 75/76B | €95 | €2,227 | +€2,133 | +2254.0% |
| Recurring financial income | 75 | €95 | €2,227 | +€2,133 | +2254.0% |
| Financial charges | 65/66B | €1,020 | €872 | -€148 | -14.5% |
| Recurring financial charges | 65 | €1,020 | €872 | -€148 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €173,437 | €4,539 | -€168,897 | -97.4% |
| Income taxes | 67/77 | €39,460 | €1,207 | -€38,253 | -96.9% |
| Profit (loss) for the period | 9904 | €133,976 | €3,333 | -€130,644 | -97.5% |
| Profit (loss) for the period to be appropriated | 9905 | €133,976 | €3,333 | -€130,644 | -97.5% |
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 4 October 2026 via checked.be.