LYRAE: 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.
LYRAE
Largest movements
- Receivables within one year +€80,347
up €80,347 (+642%), from €12,506 to €92,854
of which Trade receivables: +€84,307
- Cash -€49,194
down €49,194 (-65.5%), from €75,152 to €25,958
mainly Receivables within one year (-€80,347) and Trade debts (-€3,802)
- Tangible fixed assets -€1,868
down €1,868 (-37.2%), from €5,019 to €3,151
- Profit (loss) carried forward +€17,083
up €17,083 (+20.9%), from €81,748 to €98,830
- Other debts +€12,564
up €12,564 (+183%), from €6,880 to €19,444
- Trade debts -€3,802
down €3,802 (-70.7%), from €5,377 to €1,575
- Tax, wage and social debts +€3,440
up €3,440 (+114%), from €3,014 to €6,454
- Gross operating margin -€17,936
down €17,936 (-42.5%), from €42,161 to €24,225
- Taxes -€3,872
down €3,872 (-45.4%), from €8,524 to €4,652
- Depreciation +€1,068
up €1,068 (+134%), from €799 to €1,868
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 | €103,017 | €132,303 | +€29,286 | +28.4% |
| Fixed assets | 21/28 | €15,019 | €13,151 | -€1,868 | -12.4% |
| Tangible fixed assets | 22/27 | €5,019 | €3,151 | -€1,868 | -37.2% |
| Furniture and vehicles | 24 | €5,019 | €3,151 | -€1,868 | -37.2% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €87,999 | €119,152 | +€31,153 | +35.4% |
| Amounts receivable within one year | 40/41 | €12,506 | €92,854 | +€80,347 | +642% |
| Trade receivables | 40 | €2,723 | €87,029 | +€84,307 | +3,097% |
| Other amounts receivable | 41 | €9,784 | €5,824 | -€3,959 | -40.5% |
| Cash at bank and in hand | 54/58 | €75,152 | €25,958 | -€49,194 | -65.5% |
| Deferred charges and accrued income | 490/1 | €340 | €340 | = | 0.0% |
| Total equity and liabilities | 10/49 | €103,017 | €132,303 | +€29,286 | +28.4% |
| Equity | 10/15 | €87,748 | €104,830 | +€17,083 | +19.5% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €81,748 | €98,830 | +€17,083 | +20.9% |
| Amounts payable | 17/49 | €15,270 | €27,473 | +€12,203 | +79.9% |
| Amounts payable within one year | 42/48 | €15,270 | €27,473 | +€12,203 | +79.9% |
| Trade debts | 44 | €5,377 | €1,575 | -€3,802 | -70.7% |
| Suppliers | 440/4 | €5,377 | €1,575 | -€3,802 | -70.7% |
| Taxes, remuneration and social security | 45 | €3,014 | €6,454 | +€3,440 | +114% |
| Taxes | 450/3 | €3,014 | €6,454 | +€3,440 | +114% |
| Other amounts payable | 47/48 | €6,880 | €19,444 | +€12,564 | +183% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799 | €1,868 | +€1,068 | +134% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | €42,161 | €24,225 | -€17,936 | -42.5% |
| Operating profit (loss) | 9901 | €40,977 | €22,358 | -€18,620 | -45.4% |
| Financial income | 75/76B | €260 | €452 | +€193 | +74.2% |
| Recurring financial income | 75 | €260 | €452 | +€193 | +74.2% |
| Financial charges | 65/66B | €216 | €242 | +€27 | +12.3% |
| Recurring financial charges | 65 | €216 | €242 | +€27 | +12.3% |
| Profit (loss) for the period before taxes | 9903 | €41,021 | €22,567 | -€18,454 | -45.0% |
| Income taxes | 67/77 | €8,524 | €4,652 | -€3,872 | -45.4% |
| Profit (loss) for the period | 9904 | €32,497 | €17,916 | -€14,581 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,497 | €17,916 | -€14,581 | -44.9% |
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 14 October 2026 via checked.be.