LEQIP: 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.
LEQIP
Largest movements
- Receivables after one year +€602,774
new in 2024: €602,774
- Receivables within one year -€129,008
down €129,008 (-87.4%), from €147,679 to €18,671
of which Other amounts receivable: -€94,229
- Debts after one year +€494,520
new in 2024: €494,520
- Short-term financial debts -€97,752
no longer reported in 2024 (was €97,752)
- Tax, wage and social debts +€57,120
up €57,120 (+827.6%), from €6,902 to €64,022
- Other debts +€17,733
new in 2024: €17,733
- Trade debts -€12,696
down €12,696 (-35.8%), from €35,486 to €22,791
- Gross operating margin +€10,869
up €10,869 (+86.5%), from €12,565 to €23,434
- Taxes +€6,790
up €6,790 (+663.7%), from €1,023 to €7,813
- Financial charges +€1,934
up €1,934 (+16.5%), from €11,748 to €13,682
- Financial income -€328
down €328 (-44.7%), from €733 to €405
- Other operating charges -€280
down €280 (-57.7%), from €485 to €205
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 | €150,183 | €622,840 | +€472,658 | +314.7% |
| Current assets | 29/58 | €150,183 | €622,840 | +€472,658 | +314.7% |
| Amounts receivable after more than one year | 29 | - | €602,774 | +€602,774 | |
| Other amounts receivable | 291 | - | €602,774 | +€602,774 | |
| Amounts receivable within one year | 40/41 | €147,679 | €18,671 | -€129,008 | -87.4% |
| Trade receivables | 40 | €48,818 | €14,039 | -€34,779 | -71.2% |
| Other amounts receivable | 41 | €98,861 | €4,632 | -€94,229 | -95.3% |
| Cash at bank and in hand | 54/58 | €2,504 | €1,395 | -€1,109 | -44.3% |
| Total equity and liabilities | 10/49 | €150,183 | €622,840 | +€472,658 | +314.7% |
| Equity | 10/15 | €10,042 | €12,181 | +€2,140 | +21.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Capital | 10 | €10,000 | €10,000 | = | 0.0% |
| Issued capital | 100 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42 | €2,181 | +€2,140 | +5123.4% |
| Amounts payable | 17/49 | €140,141 | €610,659 | +€470,518 | +335.7% |
| Amounts payable after more than one year | 17 | - | €494,520 | +€494,520 | |
| Financial debts | 170/4 | - | €494,520 | +€494,520 | |
| Amounts payable within one year | 42/48 | €140,141 | €116,139 | -€24,002 | -17.1% |
| Current portion of amounts payable after more than one year | 42 | - | €11,593 | +€11,593 | |
| Financial debts | 43 | €97,752 | - | -€97,752 | |
| Other loans | 439 | €97,752 | - | -€97,752 | |
| Trade debts | 44 | €35,486 | €22,791 | -€12,696 | -35.8% |
| Suppliers | 440/4 | €35,486 | €22,791 | -€12,696 | -35.8% |
| Taxes, remuneration and social security | 45 | €6,902 | €64,022 | +€57,120 | +827.6% |
| Taxes | 450/3 | €6,902 | €64,022 | +€57,120 | +827.6% |
| Other amounts payable | 47/48 | - | €17,733 | +€17,733 | |
| Other operating charges | 640/8 | €485 | €205 | -€280 | -57.7% |
| Gross operating margin | 9900 | €12,565 | €23,434 | +€10,869 | +86.5% |
| Operating profit (loss) | 9901 | €12,079 | €23,228 | +€11,149 | +92.3% |
| Financial income | 75/76B | €733 | €405 | -€328 | -44.7% |
| Recurring financial income | 75 | €733 | €405 | -€328 | -44.7% |
| Financial charges | 65/66B | €11,748 | €13,682 | +€1,934 | +16.5% |
| Recurring financial charges | 65 | €11,748 | €13,682 | +€1,934 | +16.5% |
| Profit (loss) for the period before taxes | 9903 | €1,065 | €9,952 | +€8,887 | +834.7% |
| Income taxes | 67/77 | €1,023 | €7,813 | +€6,790 | +663.7% |
| Profit (loss) for the period | 9904 | €42 | €2,140 | +€2,098 | +5023.4% |
| Profit (loss) for the period to be appropriated | 9905 | €42 | €2,140 | +€2,098 | +5023.4% |
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.