FOR LIEF: 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.
FOR LIEF
Largest movements
- Stocks and contracts +€23,151
up €23,151 (+58.8%), from €39,370 to €62,521
- Cash -€21,976
down €21,976 (-84.8%), from €25,927 to €3,951
mainly Net result for the year (-€37,113) and Stocks and contracts (-€23,151)
- Receivables within one year -€12,157
down €12,157 (-79.5%), from €15,293 to €3,136
- Tangible fixed assets +€2,330
up €2,330, from €0 to €2,330
of which Plant, machinery and equipment: +€2,330
- Profit (loss) carried forward -€37,113
down €37,113, from €11,285 to -€25,827
- Trade debts +€18,486
up €18,486 (+91.1%), from €20,283 to €38,769
- Tax, wage and social debts +€7,343
up €7,343 (+25.4%), from €28,907 to €36,250
of which Taxes: +€8,094
- Other debts +€2,443
new in 2024: €2,443
- Gross operating margin -€46,746
down €46,746, from €27,279 to -€19,467
- Other operating charges -€10,678
down €10,678 (-89.7%), from €11,899 to €1,221
- Staff costs -€2,238
down €2,238 (-12.8%), from €17,450 to €15,212
- Taxes -€486
down €486 (-79.1%), from €614 to €128
- Depreciation -€323
down €323 (-55.5%), from €582 to €259
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,935 | €72,096 | -€8,839 | -10.9% |
| Fixed assets | 21/28 | €0 | €2,330 | +€2,330 | |
| Tangible fixed assets | 22/27 | €0 | €2,330 | +€2,330 | |
| Plant, machinery and equipment | 23 | €0 | €2,330 | +€2,330 | |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €80,935 | €69,766 | -€11,169 | -13.8% |
| Stocks and contracts in progress | 3 | €39,370 | €62,521 | +€23,151 | +58.8% |
| Stocks | 30/36 | €39,370 | €62,521 | +€23,151 | +58.8% |
| Amounts receivable within one year | 40/41 | €15,293 | €3,136 | -€12,157 | -79.5% |
| Other amounts receivable | 41 | €15,293 | €3,136 | -€12,157 | -79.5% |
| Cash at bank and in hand | 54/58 | €25,927 | €3,951 | -€21,976 | -84.8% |
| Deferred charges and accrued income | 490/1 | €345 | €158 | -€187 | -54.1% |
| Total equity and liabilities | 10/49 | €80,935 | €72,096 | -€8,839 | -10.9% |
| Equity | 10/15 | €31,745 | -€5,367 | -€37,113 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €11,285 | -€25,827 | -€37,113 | |
| Amounts payable | 17/49 | €49,190 | €77,463 | +€28,273 | +57.5% |
| Amounts payable within one year | 42/48 | €49,190 | €77,463 | +€28,273 | +57.5% |
| Trade debts | 44 | €20,283 | €38,769 | +€18,486 | +91.1% |
| Suppliers | 440/4 | €20,283 | €38,769 | +€18,486 | +91.1% |
| Taxes, remuneration and social security | 45 | €28,907 | €36,250 | +€7,343 | +25.4% |
| Taxes | 450/3 | €25,646 | €33,740 | +€8,094 | +31.6% |
| Remuneration and social security | 454/9 | €3,261 | €2,511 | -€751 | -23.0% |
| Other amounts payable | 47/48 | - | €2,443 | +€2,443 | |
| Remuneration, social security and pensions | 62 | €17,450 | €15,212 | -€2,238 | -12.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €582 | €259 | -€323 | -55.5% |
| Other operating charges | 640/8 | €11,899 | €1,221 | -€10,678 | -89.7% |
| Gross operating margin | 9900 | €27,279 | -€19,467 | -€46,746 | |
| Operating profit (loss) | 9901 | -€2,652 | -€36,159 | -€33,507 | -1263.5% |
| Financial charges | 65/66B | €726 | €825 | +€99 | +13.6% |
| Recurring financial charges | 65 | €726 | €825 | +€99 | +13.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,378 | -€36,984 | -€33,606 | -994.8% |
| Income taxes | 67/77 | €614 | €128 | -€486 | -79.1% |
| Profit (loss) for the period | 9904 | -€3,992 | -€37,113 | -€33,120 | -829.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,992 | -€37,113 | -€33,120 | -829.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.