LIAM'S: 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.
LIAM'S
Largest movements
- Tangible fixed assets +€66,175
up €66,175 (+703.6%), from €9,406 to €75,580
of which Other tangible fixed assets: +€39,787
- Receivables within one year +€28,403
up €28,403 (+2127.7%), from €1,335 to €29,737
- Cash +€1,226
up €1,226 (+23007.9%), from €5 to €1,232
mainly Debts after one year (+€97,537) and Current portion of long-term debt (+€16,942)
- Debts after one year +€97,537
new in 2024: €97,537
- Profit (loss) carried forward -€20,816
down €20,816 (-384.4%), from -€5,415 to -€26,231
- Current portion of long-term debt +€16,942
new in 2024: €16,942
- Trade debts +€6,532
up €6,532 (+375.5%), from €1,740 to €8,272
- Other debts -€4,421
no longer reported in 2024 (was €4,421)
- Gross operating margin -€5,764
down €5,764 (-141.0%), from -€4,088 to -€9,852
- Depreciation +€4,925
up €4,925 (+371.7%), from €1,325 to €6,250
- Financial charges +€4,683
up €4,683 (+277122.5%), from €2 to €4,685
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 | €10,746 | €106,549 | +€95,804 | +891.6% |
| Fixed assets | 21/28 | €9,406 | €75,580 | +€66,175 | +703.6% |
| Tangible fixed assets | 22/27 | €9,406 | €75,580 | +€66,175 | +703.6% |
| Plant, machinery and equipment | 23 | - | €12,835 | +€12,835 | |
| Furniture and vehicles | 24 | - | €13,553 | +€13,553 | |
| Other tangible fixed assets | 26 | €9,406 | €49,192 | +€39,787 | +423.0% |
| Current assets | 29/58 | €1,340 | €30,969 | +€29,629 | +2210.8% |
| Amounts receivable within one year | 40/41 | €1,335 | €29,737 | +€28,403 | +2127.7% |
| Other amounts receivable | 41 | €1,335 | €29,737 | +€28,403 | +2127.7% |
| Cash at bank and in hand | 54/58 | €5 | €1,232 | +€1,226 | +23007.9% |
| Total equity and liabilities | 10/49 | €10,746 | €106,549 | +€95,804 | +891.6% |
| Equity | 10/15 | €4,585 | -€16,231 | -€20,816 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,415 | -€26,231 | -€20,816 | -384.4% |
| Amounts payable | 17/49 | €6,160 | €122,780 | +€116,620 | +1893.0% |
| Amounts payable after more than one year | 17 | - | €97,537 | +€97,537 | |
| Financial debts | 170/4 | - | €97,537 | +€97,537 | |
| Amounts payable within one year | 42/48 | €6,160 | €25,243 | +€19,083 | +309.8% |
| Current portion of amounts payable after more than one year | 42 | - | €16,942 | +€16,942 | |
| Trade debts | 44 | €1,740 | €8,272 | +€6,532 | +375.5% |
| Suppliers | 440/4 | €1,740 | €8,272 | +€6,532 | +375.5% |
| Taxes, remuneration and social security | 45 | - | €29 | +€29 | |
| Taxes | 450/3 | - | €29 | +€29 | |
| Other amounts payable | 47/48 | €4,421 | - | -€4,421 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,325 | €6,250 | +€4,925 | +371.7% |
| Gross operating margin | 9900 | -€4,088 | -€9,852 | -€5,764 | -141.0% |
| Operating profit (loss) | 9901 | -€5,413 | -€16,102 | -€10,689 | -197.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €2 | €4,685 | +€4,683 | +277122.5% |
| Recurring financial charges | 65 | €2 | €4,685 | +€4,683 | +277122.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,415 | -€20,787 | -€15,372 | -283.9% |
| Income taxes | 67/77 | - | €29 | +€29 | |
| Profit (loss) for the period | 9904 | -€5,415 | -€20,816 | -€15,401 | -284.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,415 | -€20,816 | -€15,401 | -284.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.