BOUWONDERNEMING D. LIEVENS: 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.
BOUWONDERNEMING D. LIEVENS
Largest movements
- Receivables within one year +€13,024
up €13,024 (+98.2%), from €13,266 to €26,291
of which Trade receivables: +€20,225
- Cash +€9,045
up €9,045 (+84.5%), from €10,704 to €19,749
mainly Net result for the year (+€32,177) and Deferred charges and accrued income (+€1,614)
- Deferred charges and accrued income -€1,614
down €1,614 (-67.4%), from €2,393 to €779
- Profit (loss) carried forward +€24,417
up €24,417, from -€24,356 to €60
- Reserves +€7,761
up €7,761 (+40.6%), from €19,092 to €26,852
- Trade debts -€5,695
down €5,695 (-96.6%), from €5,895 to €201
- Other debts -€5,075
down €5,075 (-34.1%), from €14,886 to €9,811
- Tax, wage and social debts -€1,485
down €1,485 (-22.2%), from €6,692 to €5,207
of which Remuneration and social security: -€3,160
- Staff costs -€36,994
down €36,994 (-97.7%), from €37,856 to €862
- Depreciation -€7,614
down €7,614 (-96.1%), from €7,921 to €307
- Taxes +€6,087
up €6,087 (+1,980%), from €308 to €6,395
- Gross operating margin +€5,681
up €5,681 (+15.3%), from €37,067 to €42,748
- Financial charges +€607
up €607 (+75.1%), from €809 to €1,416
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 | €27,544 | €47,692 | +€20,148 | +73.1% |
| Fixed assets | 21/28 | €1,181 | €873 | -€307 | -26.0% |
| Tangible fixed assets | 22/27 | €1,181 | €873 | -€307 | -26.0% |
| Plant, machinery and equipment | 23 | €1,181 | €873 | -€307 | -26.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €26,363 | €46,818 | +€20,455 | +77.6% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €13,266 | €26,291 | +€13,024 | +98.2% |
| Trade receivables | 40 | €4,747 | €24,972 | +€20,225 | +426% |
| Other amounts receivable | 41 | €8,519 | €1,319 | -€7,201 | -84.5% |
| Cash at bank and in hand | 54/58 | €10,704 | €19,749 | +€9,045 | +84.5% |
| Deferred charges and accrued income | 490/1 | €2,393 | €779 | -€1,614 | -67.4% |
| Total equity and liabilities | 10/49 | €27,544 | €47,692 | +€20,148 | +73.1% |
| Equity | 10/15 | -€265 | €31,912 | +€32,177 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €19,092 | €26,852 | +€7,761 | +40.6% |
| Distributable reserves | 133 | €19,092 | €26,852 | +€7,761 | +40.6% |
| Profit (loss) carried forward | 14 | -€24,356 | €60 | +€24,417 | |
| Amounts payable | 17/49 | €27,809 | €15,779 | -€12,029 | -43.3% |
| Amounts payable within one year | 42/48 | €27,473 | €15,218 | -€12,255 | -44.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €5,895 | €201 | -€5,695 | -96.6% |
| Suppliers | 440/4 | €5,895 | €201 | -€5,695 | -96.6% |
| Taxes, remuneration and social security | 45 | €6,692 | €5,207 | -€1,485 | -22.2% |
| Taxes | 450/3 | €3,532 | €5,207 | +€1,675 | +47.4% |
| Remuneration and social security | 454/9 | €3,160 | €0 | -€3,160 | -100% |
| Other amounts payable | 47/48 | €14,886 | €9,811 | -€5,075 | -34.1% |
| Accrued charges and deferred income | 492/3 | €335 | €562 | +€226 | +67.4% |
| Remuneration, social security and pensions | 62 | €37,856 | €862 | -€36,994 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,921 | €307 | -€7,614 | -96.1% |
| Other operating charges | 640/8 | €1,638 | €1,591 | -€48 | -2.9% |
| Gross operating margin | 9900 | €37,067 | €42,748 | +€5,681 | +15.3% |
| Operating profit (loss) | 9901 | -€10,349 | €39,988 | +€50,336 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +53.3% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +53.3% |
| Financial charges | 65/66B | €809 | €1,416 | +€607 | +75.1% |
| Recurring financial charges | 65 | €809 | €1,416 | +€607 | +75.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,157 | €38,572 | +€49,729 | |
| Income taxes | 67/77 | €308 | €6,395 | +€6,087 | +1,980% |
| Profit (loss) for the period | 9904 | -€11,465 | €32,177 | +€43,642 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,465 | €32,177 | +€43,642 |
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 29 October 2026 via checked.be.