Lys: what changed
Lys
Largest movements
- Deferred charges and accrued income -€13,960
down €13,960 (-96.4%), from €14,476 to €516
- Receivables within one year +€9,021
up €9,021 (+76.0%), from €11,878 to €20,899
of which Trade receivables: +€8,815
- Cash -€6,758
down €6,758 (-99.9%), from €6,762 to €4
mainly Receivables within one year (-€9,021) and Other debts (-€7,337)
- Tangible fixed assets -€3,312
down €3,312 (-30.3%), from €10,917 to €7,605
of which Furniture and vehicles: -€2,985
- Stocks and contracts -€1,356
down €1,356 (-11.5%), from €11,768 to €10,412
- Other debts -€7,337
down €7,337 (-33.1%), from €22,167 to €14,829
- Current portion of long-term debt -€5,763
down €5,763 (-52.2%), from €11,036 to €5,273
- Debts after one year -€5,273
down €5,273 (-38.8%), from €13,587 to €8,314
- Profit (loss) carried forward +€3,597
up €3,597 (+13.9%), from -€25,796 to -€22,199
- Accrued charges and deferred income -€1,071
down €1,071 (-56.3%), from €1,904 to €833
- Gross operating margin -€11,794
down €11,794 (-44.9%), from €26,267 to €14,473
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,300 | €39,936 | -€16,365 | -29.1% |
| Fixed assets | 21/28 | €11,417 | €8,105 | -€3,312 | -29.0% |
| Tangible fixed assets | 22/27 | €10,917 | €7,605 | -€3,312 | -30.3% |
| Plant, machinery and equipment | 23 | €1,524 | €1,197 | -€327 | -21.5% |
| Furniture and vehicles | 24 | €9,393 | €6,408 | -€2,985 | -31.8% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €44,883 | €31,831 | -€13,053 | -29.1% |
| Stocks and contracts in progress | 3 | €11,768 | €10,412 | -€1,356 | -11.5% |
| Stocks | 30/36 | €11,768 | €10,412 | -€1,356 | -11.5% |
| Amounts receivable within one year | 40/41 | €11,878 | €20,899 | +€9,021 | +76.0% |
| Trade receivables | 40 | €11,589 | €20,404 | +€8,815 | +76.1% |
| Other amounts receivable | 41 | €289 | €495 | +€206 | +71.3% |
| Cash at bank and in hand | 54/58 | €6,762 | €4 | -€6,758 | -99.9% |
| Deferred charges and accrued income | 490/1 | €14,476 | €516 | -€13,960 | -96.4% |
| Total equity and liabilities | 10/49 | €56,300 | €39,936 | -€16,365 | -29.1% |
| Equity | 10/15 | -€7,196 | -€3,599 | +€3,597 | +50.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,796 | -€22,199 | +€3,597 | +13.9% |
| Amounts payable | 17/49 | €63,496 | €43,535 | -€19,961 | -31.4% |
| Amounts payable after more than one year | 17 | €13,587 | €8,314 | -€5,273 | -38.8% |
| Financial debts | 170/4 | €13,587 | €8,314 | -€5,273 | -38.8% |
| Amounts payable within one year | 42/48 | €48,005 | €34,388 | -€13,617 | -28.4% |
| Current portion of amounts payable after more than one year | 42 | €11,036 | €5,273 | -€5,763 | -52.2% |
| Financial debts | 43 | €1,171 | €1,215 | +€45 | +3.8% |
| Credit institutions | 430/8 | €1,171 | €1,215 | +€45 | +3.8% |
| Trade debts | 44 | €3,674 | €3,897 | +€223 | +6.1% |
| Suppliers | 440/4 | €3,674 | €3,897 | +€223 | +6.1% |
| Taxes, remuneration and social security | 45 | €9,958 | €9,173 | -€785 | -7.9% |
| Taxes | 450/3 | €7,458 | €6,673 | -€785 | -10.5% |
| Remuneration and social security | 454/9 | €2,500 | €2,500 | = | 0.0% |
| Other amounts payable | 47/48 | €22,167 | €14,829 | -€7,337 | -33.1% |
| Accrued charges and deferred income | 492/3 | €1,904 | €833 | -€1,071 | -56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,053 | €3,312 | +€260 | +8.5% |
| Other operating charges | 640/8 | €751 | €720 | -€31 | -4.1% |
| Gross operating margin | 9900 | €26,267 | €14,473 | -€11,794 | -44.9% |
| Operating profit (loss) | 9901 | €22,463 | €10,440 | -€12,023 | -53.5% |
| Financial income | 75/76B | €4 | €3 | -€1 | -21.9% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -21.9% |
| Financial charges | 65/66B | €5,294 | €5,341 | +€47 | +0.9% |
| Recurring financial charges | 65 | €5,294 | €5,341 | +€47 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | €17,172 | €5,102 | -€12,071 | -70.3% |
| Income taxes | 67/77 | €1,759 | €1,505 | -€254 | -14.4% |
| Profit (loss) for the period | 9904 | €15,413 | €3,597 | -€11,817 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €15,413 | €3,597 | -€11,817 | -76.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.