DR. LIEN HAVERALS: 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.
DR. LIEN HAVERALS
Largest movements
- Deferred charges and accrued income +€35,280
new in 2025: €35,280
- Cash +€19,995
up €19,995 (+566%), from €3,533 to €23,528
mainly Net result for the year (+€38,245) and Other debts (+€18,782)
- Tangible fixed assets +€10,956
up €10,956 (+748%), from €1,465 to €12,422
of which Furniture and vehicles: +€8,516
- Current investments +€5,000
new in 2025: €5,000
- Reserves +€34,727
new in 2025: €34,727
- Other debts +€18,782
up €18,782 (+32,962%), from €57 to €18,839
- Tax, wage and social debts +€9,227
new in 2025: €9,227
- Accrued charges and deferred income +€7,535
new in 2025: €7,535
- Profit (loss) carried forward +€3,518
up €3,518, from -€3,518 to €0
- Gross operating margin +€55,045
up €55,045, from -€3,504 to €51,540
- Taxes +€9,227
new in 2025: €9,227
- Financial charges +€2,626
new in 2025: €2,626
- Depreciation +€1,239
up €1,239 (+9,170%), from €14 to €1,252
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 | €4,999 | €76,230 | +€71,231 | +1,425% |
| Fixed assets | 21/28 | €1,465 | €12,422 | +€10,956 | +748% |
| Tangible fixed assets | 22/27 | €1,465 | €12,422 | +€10,956 | +748% |
| Plant, machinery and equipment | 23 | - | €2,441 | +€2,441 | |
| Furniture and vehicles | 24 | €1,465 | €9,981 | +€8,516 | +581% |
| Current assets | 29/58 | €3,533 | €63,808 | +€60,275 | +1,706% |
| Current investments | 50/53 | - | €5,000 | +€5,000 | |
| Cash at bank and in hand | 54/58 | €3,533 | €23,528 | +€19,995 | +566% |
| Deferred charges and accrued income | 490/1 | - | €35,280 | +€35,280 | |
| Total equity and liabilities | 10/49 | €4,999 | €76,230 | +€71,231 | +1,425% |
| Equity | 10/15 | €1,482 | €39,727 | +€38,245 | +2,580% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | - | €34,727 | +€34,727 | |
| Distributable reserves | 133 | - | €34,727 | +€34,727 | |
| Profit (loss) carried forward | 14 | -€3,518 | €0 | +€3,518 | |
| Amounts payable | 17/49 | €3,516 | €36,503 | +€32,987 | +938% |
| Amounts payable within one year | 42/48 | €3,516 | €28,968 | +€25,452 | +724% |
| Trade debts | 44 | €3,459 | €902 | -€2,557 | -73.9% |
| Suppliers | 440/4 | €3,459 | €902 | -€2,557 | -73.9% |
| Taxes, remuneration and social security | 45 | - | €9,227 | +€9,227 | |
| Taxes | 450/3 | - | €9,227 | +€9,227 | |
| Other amounts payable | 47/48 | €57 | €18,839 | +€18,782 | +32,962% |
| Accrued charges and deferred income | 492/3 | - | €7,535 | +€7,535 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14 | €1,252 | +€1,239 | +9,170% |
| Other operating charges | 640/8 | - | €191 | +€191 | |
| Gross operating margin | 9900 | -€3,504 | €51,540 | +€55,045 | |
| Operating profit (loss) | 9901 | -€3,518 | €50,097 | +€53,615 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | - | €2,626 | +€2,626 | |
| Recurring financial charges | 65 | - | €2,626 | +€2,626 | |
| Profit (loss) for the period before taxes | 9903 | -€3,518 | €47,471 | +€50,989 | |
| Income taxes | 67/77 | - | €9,227 | +€9,227 | |
| Profit (loss) for the period | 9904 | -€3,518 | €38,245 | +€41,762 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,518 | €38,245 | +€41,762 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.