TONY LYONS: 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.
TONY LYONS
Largest movements
- Receivables within one year +€3,119
up €3,119 (+6.9%), from €45,065 to €48,184
of which Trade receivables: +€1,628
- Cash +€2,951
up €2,951 (+25.9%), from €11,382 to €14,333
mainly Net result for the year (+€35,161) and Tax, wage and social debts (+€6,070)
- Tax, wage and social debts +€6,070
up €6,070 (+16.9%), from €35,987 to €42,057
- Gross operating margin -€1,020
down €1,020 (-2.1%), from €48,874 to €47,854
- Taxes -€499
down €499 (-3.4%), from €14,689 to €14,190
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 | €56,447 | €62,517 | +€6,070 | +10.8% |
| Current assets | 29/58 | €56,447 | €62,517 | +€6,070 | +10.8% |
| Amounts receivable within one year | 40/41 | €45,065 | €48,184 | +€3,119 | +6.9% |
| Trade receivables | 40 | €11,703 | €13,331 | +€1,628 | +13.9% |
| Other amounts receivable | 41 | €33,362 | €34,853 | +€1,491 | +4.5% |
| Cash at bank and in hand | 54/58 | €11,382 | €14,333 | +€2,951 | +25.9% |
| Total equity and liabilities | 10/49 | €56,447 | €62,517 | +€6,070 | +10.8% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Amounts payable | 17/49 | €35,987 | €42,057 | +€6,070 | +16.9% |
| Amounts payable within one year | 42/48 | €35,987 | €42,057 | +€6,070 | +16.9% |
| Taxes, remuneration and social security | 45 | €35,987 | €42,057 | +€6,070 | +16.9% |
| Taxes | 450/3 | €35,987 | €42,057 | +€6,070 | +16.9% |
| Other operating charges | 640/8 | €387 | €400 | +€13 | +3.4% |
| Gross operating margin | 9900 | €48,874 | €47,854 | -€1,020 | -2.1% |
| Operating profit (loss) | 9901 | €48,487 | €47,454 | -€1,033 | -2.1% |
| Financial income | 75/76B | €2,202 | €2,087 | -€115 | -5.2% |
| Recurring financial income | 75 | €2,202 | €2,087 | -€115 | -5.2% |
| Financial charges | 65/66B | €213 | €190 | -€23 | -10.8% |
| Recurring financial charges | 65 | €213 | €190 | -€23 | -10.8% |
| Profit (loss) for the period before taxes | 9903 | €50,476 | €49,351 | -€1,125 | -2.2% |
| Income taxes | 67/77 | €14,689 | €14,190 | -€499 | -3.4% |
| Profit (loss) for the period | 9904 | €35,787 | €35,161 | -€626 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,787 | €35,161 | -€626 | -1.7% |
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.