LYS ROYAL: 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.
LYS ROYAL
Largest movements
- Cash -€13,829
down €13,829 (-30.4%), from €45,533 to €31,704
mainly Net result for the year (-€28,275) and Investment in fixed assets (net) (-€16,456)
- Receivables within one year -€13,475
down €13,475 (-12.4%), from €108,515 to €95,040
of which Trade receivables: -€12,042
- Deferred charges and accrued income +€6,736
up €6,736 (+256%), from €2,631 to €9,367
- Stocks and contracts -€3,000
down €3,000 (-9.2%), from €32,781 to €29,781
- Tangible fixed assets +€2,861
up €2,861 (+6.3%), from €45,495 to €48,356
of which Furniture and vehicles: +€6,209
- Profit (loss) carried forward -€28,275
down €28,275, from €23,805 to -€4,470
- Tax, wage and social debts -€13,087
down €13,087 (-31.2%), from €41,942 to €28,855
of which Remuneration and social security: -€7,854
- Debts after one year +€11,589
up €11,589 (+105%), from €11,088 to €22,677
- Current portion of long-term debt +€4,948
up €4,948 (+29.4%), from €16,810 to €21,758
- Trade debts +€2,711
up €2,711 (+8.8%), from €30,979 to €33,691
- Gross operating margin -€89,110
down €89,110 (-27.4%), from €325,644 to €236,534
- Staff costs -€35,147
down €35,147 (-12.7%), from €276,662 to €241,515
- Write-downs +€15,536
up €15,536, from -€15,338 to €198
- Other operating charges -€13,460
down €13,460 (-67.9%), from €19,833 to €6,374
- Financial income +€7,359
up €7,359 (+6,098%), from €121 to €7,480
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 | €241,682 | €219,972 | -€21,709 | -9.0% |
| Fixed assets | 21/28 | €52,222 | €54,080 | +€1,859 | +3.6% |
| Intangible fixed assets | 21 | €6,727 | €5,725 | -€1,003 | -14.9% |
| Tangible fixed assets | 22/27 | €45,495 | €48,356 | +€2,861 | +6.3% |
| Plant, machinery and equipment | 23 | €24,929 | €21,581 | -€3,348 | -13.4% |
| Furniture and vehicles | 24 | €20,566 | €26,775 | +€6,209 | +30.2% |
| Current assets | 29/58 | €189,460 | €165,892 | -€23,568 | -12.4% |
| Stocks and contracts in progress | 3 | €32,781 | €29,781 | -€3,000 | -9.2% |
| Stocks | 30/36 | €32,781 | €29,781 | -€3,000 | -9.2% |
| Amounts receivable within one year | 40/41 | €108,515 | €95,040 | -€13,475 | -12.4% |
| Trade receivables | 40 | €79,650 | €67,608 | -€12,042 | -15.1% |
| Other amounts receivable | 41 | €28,866 | €27,432 | -€1,434 | -5.0% |
| Cash at bank and in hand | 54/58 | €45,533 | €31,704 | -€13,829 | -30.4% |
| Deferred charges and accrued income | 490/1 | €2,631 | €9,367 | +€6,736 | +256% |
| Total equity and liabilities | 10/49 | €241,682 | €219,972 | -€21,709 | -9.0% |
| Equity | 10/15 | €114,257 | €85,982 | -€28,275 | -24.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €71,859 | €71,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €70,000 | €70,000 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €23,805 | -€4,470 | -€28,275 | |
| Amounts payable | 17/49 | €127,425 | €133,990 | +€6,565 | +5.2% |
| Amounts payable after more than one year | 17 | €11,088 | €22,677 | +€11,589 | +105% |
| Financial debts | 170/4 | €11,088 | €22,677 | +€11,589 | +105% |
| Amounts payable within one year | 42/48 | €89,731 | €84,707 | -€5,024 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €16,810 | €21,758 | +€4,948 | +29.4% |
| Trade debts | 44 | €30,979 | €33,691 | +€2,711 | +8.8% |
| Suppliers | 440/4 | €30,979 | €33,691 | +€2,711 | +8.8% |
| Taxes, remuneration and social security | 45 | €41,942 | €28,855 | -€13,087 | -31.2% |
| Taxes | 450/3 | €13,086 | €7,853 | -€5,233 | -40.0% |
| Remuneration and social security | 454/9 | €28,856 | €21,002 | -€7,854 | -27.2% |
| Other amounts payable | 47/48 | €0 | €404 | +€404 | |
| Accrued charges and deferred income | 492/3 | €26,606 | €26,606 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €276,662 | €241,515 | -€35,147 | -12.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,614 | €14,597 | -€5,017 | -25.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€15,338 | €198 | +€15,536 | |
| Other operating charges | 640/8 | €19,833 | €6,374 | -€13,460 | -67.9% |
| Non-recurring operating charges | 66A | €0 | €636 | +€636 | |
| Gross operating margin | 9900 | €325,644 | €236,534 | -€89,110 | -27.4% |
| Operating profit (loss) | 9901 | €24,872 | -€26,786 | -€51,659 | |
| Financial income | 75/76B | €121 | €7,480 | +€7,359 | +6,098% |
| Recurring financial income | 75 | €121 | €7,480 | +€7,359 | +6,098% |
| Financial charges | 65/66B | €7,579 | €8,571 | +€992 | +13.1% |
| Recurring financial charges | 65 | €7,579 | €8,571 | +€992 | +13.1% |
| Profit (loss) for the period before taxes | 9903 | €17,414 | -€27,878 | -€45,291 | |
| Income taxes | 67/77 | €2,718 | €397 | -€2,321 | -85.4% |
| Profit (loss) for the period | 9904 | €14,695 | -€28,275 | -€42,970 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,695 | -€28,275 | -€42,970 |
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 26 October 2026 via checked.be.