LIATEC: 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.
LIATEC
Largest movements
- Receivables within one year -€19,599
down €19,599 (-36.6%), from €53,525 to €33,926
of which Trade receivables: -€22,008
- Cash -€1,443
down €1,443 (-7.3%), from €19,747 to €18,304
mainly Tax, wage and social debts (-€22,653) and Deferred charges and accrued income (-€582)
- Tangible fixed assets -€1,424
down €1,424 (-45.0%), from €3,163 to €1,738
- Tax, wage and social debts -€22,653
down €22,653 (-54.1%), from €41,887 to €19,234
of which Remuneration and social security: -€14,215
- Reserves +€1,046
up €1,046 (+6.9%), from €15,213 to €16,259
of which Distributable reserves: +€1,046
- Gross operating margin -€34,628
down €34,628 (-20.6%), from €168,009 to €133,381
- Taxes -€12,650
down €12,650 (-89.9%), from €14,067 to €1,417
- Staff costs -€10,236
down €10,236 (-7.2%), from €142,274 to €132,038
- Financial income +€1,921
up €1,921 (+200.0%), from €960 to €2,881
of which Financial income: +€2,797
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 | €76,531 | €54,646 | -€21,884 | -28.6% |
| Fixed assets | 21/28 | €3,163 | €1,738 | -€1,424 | -45.0% |
| Tangible fixed assets | 22/27 | €3,163 | €1,738 | -€1,424 | -45.0% |
| Furniture and vehicles | 24 | €3,163 | €1,738 | -€1,424 | -45.0% |
| Current assets | 29/58 | €73,368 | €52,908 | -€20,460 | -27.9% |
| Amounts receivable within one year | 40/41 | €53,525 | €33,926 | -€19,599 | -36.6% |
| Trade receivables | 40 | €45,428 | €23,420 | -€22,008 | -48.4% |
| Other amounts receivable | 41 | €8,097 | €10,505 | +€2,408 | +29.7% |
| Cash at bank and in hand | 54/58 | €19,747 | €18,304 | -€1,443 | -7.3% |
| Deferred charges and accrued income | 490/1 | €96 | €678 | +€582 | +606.6% |
| Total equity and liabilities | 10/49 | €76,531 | €54,646 | -€21,884 | -28.6% |
| Equity | 10/15 | €22,151 | €23,196 | +€1,046 | +4.7% |
| Contributions | 10/11 | €6,400 | €6,400 | = | 0.0% |
| Reserves | 13 | €15,213 | €16,259 | +€1,046 | +6.9% |
| Non-distributable reserves | 130/1 | €500 | €500 | = | 0.0% |
| Reserves not available under the articles | 1311 | €500 | €500 | = | 0.0% |
| Distributable reserves | 133 | €14,713 | €15,759 | +€1,046 | +7.1% |
| Profit (loss) carried forward | 14 | €537 | €537 | = | 0.0% |
| Amounts payable | 17/49 | €54,380 | €31,450 | -€22,930 | -42.2% |
| Amounts payable within one year | 42/48 | €54,380 | €31,450 | -€22,930 | -42.2% |
| Trade debts | 44 | €12,469 | €12,192 | -€277 | -2.2% |
| Suppliers | 440/4 | €12,469 | €12,192 | -€277 | -2.2% |
| Taxes, remuneration and social security | 45 | €41,887 | €19,234 | -€22,653 | -54.1% |
| Taxes | 450/3 | €17,566 | €9,127 | -€8,438 | -48.0% |
| Remuneration and social security | 454/9 | €24,322 | €10,107 | -€14,215 | -58.4% |
| Other amounts payable | 47/48 | €24 | €24 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €142,274 | €132,038 | -€10,236 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,302 | €1,424 | +€122 | +9.4% |
| Other operating charges | 640/8 | €442 | - | -€442 | |
| Gross operating margin | 9900 | €168,009 | €133,381 | -€34,628 | -20.6% |
| Operating profit (loss) | 9901 | €23,991 | -€81 | -€24,072 | |
| Financial income | 75/76B | €960 | €2,881 | +€1,921 | +200.0% |
| Recurring financial income | 75 | €84 | €2,881 | +€2,797 | +3334.3% |
| Non-recurring financial income | 76B | €877 | €2,881 | +€2,005 | +228.7% |
| Financial charges | 65/66B | €1,171 | €337 | -€834 | -71.2% |
| Recurring financial charges | 65 | €1,171 | €337 | -€834 | -71.2% |
| Profit (loss) for the period before taxes | 9903 | €23,780 | €2,463 | -€21,317 | -89.6% |
| Income taxes | 67/77 | €14,067 | €1,417 | -€12,650 | -89.9% |
| Profit (loss) for the period | 9904 | €9,713 | €1,046 | -€8,667 | -89.2% |
| Profit (loss) for the period to be appropriated | 9905 | €9,713 | €1,046 | -€8,667 | -89.2% |
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 8 October 2026 via checked.be.