LIORYD: 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.
LIORYD
Largest movements
- Receivables within one year +€15,897
up €15,897 (+404%), from €3,936 to €19,833
of which Trade receivables: +€16,707
- Current investments -€8,451
down €8,451 (-10.0%), from €84,508 to €76,057
- Cash -€7,509
down €7,509 (-21.6%), from €34,700 to €27,191
mainly Contributions, distributions and other (-€95,416) and Receivables within one year (-€15,897)
- Intangible fixed assets -€4,500
down €4,500 (-13.8%), from €32,671 to €28,171
- Tangible fixed assets -€2,941
down €2,941 (-53.3%), from €5,522 to €2,581
- Reserves -€45,277
down €45,277 (-53.6%), from €84,420 to €39,144
- Other debts +€44,621
up €44,621 (+373%), from €11,964 to €56,584
- Debts after one year -€9,409
down €9,409 (-70.3%), from €13,385 to €3,976
- Trade debts -€4,866
down €4,866 (-56.0%), from €8,694 to €3,828
- Accrued charges and deferred income +€4,252
up €4,252 (+20.2%), from €21,021 to €25,273
- Gross operating margin +€6,487
up €6,487 (+9.9%), from €65,475 to €71,963
- Depreciation +€1,578
up €1,578 (+26.9%), from €5,863 to €7,441
- Taxes +€904
up €904 (+7.0%), from €12,914 to €13,818
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 | €164,153 | €156,692 | -€7,461 | -4.5% |
| Fixed assets | 21/28 | €38,194 | €30,752 | -€7,441 | -19.5% |
| Intangible fixed assets | 21 | €32,671 | €28,171 | -€4,500 | -13.8% |
| Tangible fixed assets | 22/27 | €5,522 | €2,581 | -€2,941 | -53.3% |
| Furniture and vehicles | 24 | €5,522 | €2,581 | -€2,941 | -53.3% |
| Current assets | 29/58 | €125,959 | €125,940 | -€19 | 0.0% |
| Amounts receivable within one year | 40/41 | €3,936 | €19,833 | +€15,897 | +404% |
| Trade receivables | 40 | €1,485 | €18,192 | +€16,707 | +1,125% |
| Other amounts receivable | 41 | €2,451 | €1,641 | -€810 | -33.1% |
| Current investments | 50/53 | €84,508 | €76,057 | -€8,451 | -10.0% |
| Cash at bank and in hand | 54/58 | €34,700 | €27,191 | -€7,509 | -21.6% |
| Deferred charges and accrued income | 490/1 | €2,815 | €2,859 | +€44 | +1.6% |
| Total equity and liabilities | 10/49 | €164,153 | €156,692 | -€7,461 | -4.5% |
| Equity | 10/15 | €91,920 | €46,644 | -€45,277 | -49.3% |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Reserves | 13 | €84,420 | €39,144 | -€45,277 | -53.6% |
| Distributable reserves | 133 | €84,420 | €39,144 | -€45,277 | -53.6% |
| Amounts payable | 17/49 | €72,233 | €110,049 | +€37,816 | +52.4% |
| Amounts payable after more than one year | 17 | €13,385 | €3,976 | -€9,409 | -70.3% |
| Financial debts | 170/4 | €13,385 | €3,976 | -€9,409 | -70.3% |
| Amounts payable within one year | 42/48 | €37,826 | €80,799 | +€42,973 | +114% |
| Current portion of amounts payable after more than one year | 42 | €9,223 | €9,409 | +€186 | +2.0% |
| Trade debts | 44 | €8,694 | €3,828 | -€4,866 | -56.0% |
| Suppliers | 440/4 | €8,694 | €3,828 | -€4,866 | -56.0% |
| Taxes, remuneration and social security | 45 | €7,945 | €10,978 | +€3,033 | +38.2% |
| Taxes | 450/3 | €7,945 | €10,978 | +€3,033 | +38.2% |
| Other amounts payable | 47/48 | €11,964 | €56,584 | +€44,621 | +373% |
| Accrued charges and deferred income | 492/3 | €21,021 | €25,273 | +€4,252 | +20.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,863 | €7,441 | +€1,578 | +26.9% |
| Other operating charges | 640/8 | €794 | €808 | +€14 | +1.8% |
| Gross operating margin | 9900 | €65,475 | €71,963 | +€6,487 | +9.9% |
| Operating profit (loss) | 9901 | €58,818 | €63,713 | +€4,895 | +8.3% |
| Financial income | 75/76B | €1,213 | €1,530 | +€317 | +26.1% |
| Recurring financial income | 75 | €1,213 | €1,530 | +€317 | +26.1% |
| Financial charges | 65/66B | €1,840 | €1,286 | -€555 | -30.1% |
| Recurring financial charges | 65 | €1,840 | €1,286 | -€555 | -30.1% |
| Profit (loss) for the period before taxes | 9903 | €58,191 | €63,958 | +€5,767 | +9.9% |
| Income taxes | 67/77 | €12,914 | €13,818 | +€904 | +7.0% |
| Profit (loss) for the period | 9904 | €45,277 | €50,140 | +€4,863 | +10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €45,277 | €50,140 | +€4,863 | +10.7% |
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 31 October 2026 via checked.be.