LELIEVRE PAUL: 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.
LELIEVRE PAUL
Largest movements
- Receivables within one year +€19,355
up €19,355 (+177%), from €10,917 to €30,272
of which Trade receivables: +€11,778
- Cash +€9,646
up €9,646 (+19.4%), from €49,834 to €59,481
mainly Net result for the year (+€34,345) and Other debts (+€833)
- Tangible fixed assets +€2,366
new in 2025: €2,366
- Profit (loss) carried forward +€33,512
up €33,512 (+93.2%), from €35,948 to €69,460
- Tax, wage and social debts -€2,316
down €2,316 (-13.1%), from €17,712 to €15,396
of which Remuneration and social security: -€2,500
- Taxes +€987
up €987 (+10.8%), from €9,159 to €10,146
- Gross operating margin -€835
down €835 (-1.8%), from €45,301 to €44,466
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 | €60,751 | €92,239 | +€31,487 | +51.8% |
| Fixed assets | 21/28 | - | €2,366 | +€2,366 | |
| Tangible fixed assets | 22/27 | - | €2,366 | +€2,366 | |
| Furniture and vehicles | 24 | - | €2,366 | +€2,366 | |
| Current assets | 29/58 | €60,751 | €89,872 | +€29,121 | +47.9% |
| Amounts receivable within one year | 40/41 | €10,917 | €30,272 | +€19,355 | +177% |
| Trade receivables | 40 | €9,869 | €21,647 | +€11,778 | +119% |
| Other amounts receivable | 41 | €1,048 | €8,625 | +€7,577 | +723% |
| Cash at bank and in hand | 54/58 | €49,834 | €59,481 | +€9,646 | +19.4% |
| Deferred charges and accrued income | 490/1 | - | €120 | +€120 | |
| Total equity and liabilities | 10/49 | €60,751 | €92,239 | +€31,487 | +51.8% |
| Equity | 10/15 | €39,948 | €73,460 | +€33,512 | +83.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,948 | €69,460 | +€33,512 | +93.2% |
| Amounts payable | 17/49 | €20,803 | €18,779 | -€2,025 | -9.7% |
| Amounts payable within one year | 42/48 | €20,803 | €18,779 | -€2,025 | -9.7% |
| Trade debts | 44 | €3,091 | €2,550 | -€542 | -17.5% |
| Suppliers | 440/4 | €3,091 | €2,550 | -€542 | -17.5% |
| Taxes, remuneration and social security | 45 | €17,712 | €15,396 | -€2,316 | -13.1% |
| Taxes | 450/3 | €10,712 | €10,896 | +€184 | +1.7% |
| Remuneration and social security | 454/9 | €7,000 | €4,500 | -€2,500 | -35.7% |
| Other amounts payable | 47/48 | - | €833 | +€833 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €101 | +€101 | |
| Other operating charges | 640/8 | €74 | - | -€74 | |
| Gross operating margin | 9900 | €45,301 | €44,466 | -€835 | -1.8% |
| Operating profit (loss) | 9901 | €45,227 | €44,364 | -€863 | -1.9% |
| Financial income | 75/76B | - | €218 | +€218 | |
| Recurring financial income | 75 | - | €218 | +€218 | |
| Financial charges | 65/66B | €119 | €91 | -€28 | -23.5% |
| Recurring financial charges | 65 | €119 | €91 | -€28 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €45,108 | €44,491 | -€617 | -1.4% |
| Income taxes | 67/77 | €9,159 | €10,146 | +€987 | +10.8% |
| Profit (loss) for the period | 9904 | €35,948 | €34,345 | -€1,604 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,948 | €34,345 | -€1,604 | -4.5% |
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.