ASSURANCES LIURNO: 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.
ASSURANCES LIURNO
Largest movements
- Receivables within one year +€79,443
up €79,443 (+130%), from €60,899 to €140,342
of which Other amounts receivable: +€82,552
- Cash +€22,068
up €22,068 (+24.5%), from €90,239 to €112,306
mainly Net result for the year (+€109,762) and Other debts (+€100,000)
- Other debts +€100,000
new in 2025: €100,000
- Debts after one year -€70,222
down €70,222 (-9.3%), from €757,809 to €687,587
of which Other amounts payable: -€100,000
- Tax, wage and social debts +€34,522
up €34,522 (+160%), from €21,551 to €56,074
of which Taxes: +€29,686
- Accrued charges and deferred income +€12,540
up €12,540 (+22.1%), from €56,861 to €69,401
- Gross operating margin +€155,880
up €155,880 (+97.6%), from €159,757 to €315,638
- Taxes +€42,770
up €42,770 (+288%), from €14,864 to €57,634
- Financial charges +€6,427
up €6,427 (+26.7%), from €24,065 to €30,492
- Depreciation -€3,700
down €3,700 (-8.9%), from €41,713 to €38,013
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 | €974,710 | €1,071,467 | +€96,757 | +9.9% |
| Fixed assets | 21/28 | €665,519 | €655,345 | -€10,174 | -1.5% |
| Tangible fixed assets | 22/27 | €663,019 | €652,845 | -€10,174 | -1.5% |
| Land and buildings | 22 | €300,655 | €289,990 | -€10,666 | -3.5% |
| Plant, machinery and equipment | 23 | €79,584 | €83,207 | +€3,623 | +4.6% |
| Furniture and vehicles | 24 | €30,779 | €27,647 | -€3,132 | -10.2% |
| Other tangible fixed assets | 26 | €252,000 | €252,000 | = | 0.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €309,191 | €416,122 | +€106,931 | +34.6% |
| Amounts receivable within one year | 40/41 | €60,899 | €140,342 | +€79,443 | +130% |
| Trade receivables | 40 | €16,408 | €13,299 | -€3,109 | -18.9% |
| Other amounts receivable | 41 | €44,491 | €127,043 | +€82,552 | +186% |
| Cash at bank and in hand | 54/58 | €90,239 | €112,306 | +€22,068 | +24.5% |
| Deferred charges and accrued income | 490/1 | €158,054 | €163,474 | +€5,420 | +3.4% |
| Total equity and liabilities | 10/49 | €974,710 | €1,071,467 | +€96,757 | +9.9% |
| Equity | 10/15 | €52,323 | €62,085 | +€9,762 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,615 | €21,615 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,755 | €1,755 | = | 0.0% |
| Distributable reserves | 133 | €18,000 | €18,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,108 | €21,870 | +€9,762 | +80.6% |
| Amounts payable | 17/49 | €922,388 | €1,009,382 | +€86,994 | +9.4% |
| Amounts payable after more than one year | 17 | €757,809 | €687,587 | -€70,222 | -9.3% |
| Financial debts | 170/4 | €379,809 | €409,587 | +€29,778 | +7.8% |
| Other amounts payable | 178/9 | €378,000 | €278,000 | -€100,000 | -26.5% |
| Amounts payable within one year | 42/48 | €107,717 | €252,394 | +€144,676 | +134% |
| Current portion of amounts payable after more than one year | 42 | €51,459 | €50,717 | -€742 | -1.4% |
| Financial debts | 43 | €4,955 | €9,693 | +€4,738 | +95.6% |
| Credit institutions | 430/8 | €4,955 | €9,693 | +€4,738 | +95.6% |
| Trade debts | 44 | €29,752 | €35,910 | +€6,158 | +20.7% |
| Suppliers | 440/4 | €29,752 | €35,910 | +€6,158 | +20.7% |
| Taxes, remuneration and social security | 45 | €21,551 | €56,074 | +€34,522 | +160% |
| Taxes | 450/3 | €14,912 | €44,598 | +€29,686 | +199% |
| Remuneration and social security | 454/9 | €6,639 | €11,476 | +€4,836 | +72.8% |
| Other amounts payable | 47/48 | - | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €56,861 | €69,401 | +€12,540 | +22.1% |
| Remuneration, social security and pensions | 62 | €70,139 | €70,837 | +€698 | +1.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,713 | €38,013 | -€3,700 | -8.9% |
| Other operating charges | 640/8 | €20,947 | €19,571 | -€1,377 | -6.6% |
| Non-recurring operating charges | 66A | €6,556 | - | -€6,556 | |
| Gross operating margin | 9900 | €159,757 | €315,638 | +€155,880 | +97.6% |
| Operating profit (loss) | 9901 | €20,402 | €187,217 | +€166,815 | +818% |
| Financial income | 75/76B | €8,646 | €10,672 | +€2,026 | +23.4% |
| Recurring financial income | 75 | €8,646 | €10,672 | +€2,026 | +23.4% |
| Financial charges | 65/66B | €24,065 | €30,492 | +€6,427 | +26.7% |
| Recurring financial charges | 65 | €24,065 | €30,492 | +€6,427 | +26.7% |
| Profit (loss) for the period before taxes | 9903 | €4,983 | €167,397 | +€162,414 | +3,259% |
| Income taxes | 67/77 | €14,864 | €57,634 | +€42,770 | +288% |
| Profit (loss) for the period | 9904 | -€9,881 | €109,762 | +€119,643 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,881 | €109,762 | +€119,643 |
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.