LI CONSTRUCTS: what changed
Two fiscal 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.
LI CONSTRUCTS
Largest movements
- Cash +€88,704
up €88,704 (+205.4%), from €43,189 to €131,893
mainly Trade debts (+€58,789) and Net result for the year (+€42,711)
- Tangible fixed assets +€46,954
up €46,954 (+58.6%), from €80,169 to €127,122
of which Leasing and similar rights: +€23,889
- Receivables within one year +€12,194
up €12,194 (+173.5%), from €7,028 to €19,221
of which Trade receivables: +€10,577
- Trade debts +€58,789
up €58,789 (+253.0%), from €23,237 to €82,026
of which Suppliers: +€61,975
- Profit (loss) carried forward +€42,711
up €42,711 (+132.6%), from €32,222 to €74,934
- Debts after one year +€32,003
up €32,003 (+73.5%), from €43,551 to €75,554
- Tax, wage and social debts +€7,902
up €7,902 (+68.4%), from €11,557 to €19,459
of which Remuneration and social security: +€6,596
- Current portion of long-term debt +€6,446
up €6,446 (+40.8%), from €15,818 to €22,264
- Purchases and services -€229,048
down €229,048 (-22.2%), from €1.0m to €804,693
- Turnover -€207,941
down €207,941 (-18.8%), from €1.1m to €897,711
- Gross operating margin +€21,107
up €21,107 (+29.4%), from €71,911 to €93,018
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 | €130,385 | €278,237 | +€147,851 | +113.4% |
| Fixed assets | 21/28 | €80,169 | €127,122 | +€46,954 | +58.6% |
| Tangible fixed assets | 22/27 | €80,169 | €127,122 | +€46,954 | +58.6% |
| Land and buildings | 22 | - | €18,494 | +€18,494 | |
| Plant, machinery and equipment | 23 | €1,949 | €3,116 | +€1,167 | +59.9% |
| Furniture and vehicles | 24 | €2,280 | €5,683 | +€3,403 | +149.3% |
| Leasing and similar rights | 25 | €75,940 | €99,830 | +€23,889 | +31.5% |
| Current assets | 29/58 | €50,217 | €151,114 | +€100,898 | +200.9% |
| Amounts receivable within one year | 40/41 | €7,028 | €19,221 | +€12,194 | +173.5% |
| Trade receivables | 40 | €3,245 | €13,822 | +€10,577 | +326.0% |
| Other amounts receivable | 41 | €3,783 | €5,399 | +€1,616 | +42.7% |
| Cash at bank and in hand | 54/58 | €43,189 | €131,893 | +€88,704 | +205.4% |
| Total equity and liabilities | 10/49 | €130,385 | €278,237 | +€147,851 | +113.4% |
| Equity | 10/15 | €36,222 | €78,934 | +€42,711 | +117.9% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €32,222 | €74,934 | +€42,711 | +132.6% |
| Amounts payable | 17/49 | €94,163 | €199,303 | +€105,140 | +111.7% |
| Amounts payable after more than one year | 17 | €43,551 | €75,554 | +€32,003 | +73.5% |
| Financial debts | 170/4 | €43,551 | €75,554 | +€32,003 | +73.5% |
| Amounts payable within one year | 42/48 | €50,612 | €123,749 | +€73,137 | +144.5% |
| Current portion of amounts payable after more than one year | 42 | €15,818 | €22,264 | +€6,446 | +40.8% |
| Trade debts | 44 | €23,237 | €82,026 | +€58,789 | +253.0% |
| Suppliers | 440/4 | €18,313 | €80,289 | +€61,975 | +338.4% |
| Bills of exchange payable | 441 | €4,924 | €1,737 | -€3,186 | -64.7% |
| Taxes, remuneration and social security | 45 | €11,557 | €19,459 | +€7,902 | +68.4% |
| Taxes | 450/3 | €11,557 | €12,863 | +€1,306 | +11.3% |
| Remuneration and social security | 454/9 | - | €6,596 | +€6,596 | |
| Turnover | 70 | €1,105,652 | €897,711 | -€207,941 | -18.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,033,741 | €804,693 | -€229,048 | -22.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,327 | €29,782 | +€9,455 | +46.5% |
| Other operating charges | 640/8 | €6,845 | €5,083 | -€1,762 | -25.7% |
| Gross operating margin | 9900 | €71,911 | €93,018 | +€21,107 | +29.4% |
| Operating profit (loss) | 9901 | €44,738 | €58,153 | +€13,415 | +30.0% |
| Financial charges | 65/66B | €958 | €2,579 | +€1,620 | +169.1% |
| Recurring financial charges | 65 | €958 | €2,579 | +€1,620 | +169.1% |
| Profit (loss) for the period before taxes | 9903 | €43,780 | €55,575 | +€11,795 | +26.9% |
| Income taxes | 67/77 | €11,557 | €12,863 | +€1,306 | +11.3% |
| Profit (loss) for the period | 9904 | €32,222 | €42,711 | +€10,489 | +32.6% |
| Profit (loss) for the period to be appropriated | 9905 | €32,222 | €42,711 | +€10,489 | +32.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 November 2023 and 30 November 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.