LIEASK: 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.
LIEASK
Largest movements
- Cash -€229,076
down €229,076 (-66.3%), from €345,305 to €116,230
mainly Contributions, distributions and other (-€380,000) and Tax, wage and social debts (-€50,368)
- Receivables within one year -€24,465
down €24,465 (-100.0%), from €24,465 to €0
- Deferred charges and accrued income +€6,414
up €6,414 (+42.4%), from €15,141 to €21,554
- Tangible fixed assets +€5,327
up €5,327 (+29.5%), from €18,046 to €23,373
of which Furniture and vehicles: +€3,805
- Reserves -€270,826
down €270,826 (-88.6%), from €305,805 to €34,978
- Other debts +€100,000
up €100,000, from €0 to €100,000
- Tax, wage and social debts -€50,368
down €50,368 (-79.5%), from €63,325 to €12,957
- Trade debts -€17,812
down €17,812 (-78.1%), from €22,798 to €4,987
- Gross operating margin -€7,955
down €7,955 (-5.3%), from €150,688 to €142,733
- Taxes -€2,325
down €2,325 (-7.0%), from €33,326 to €31,001
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.
Cash bridge derived
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 | €403,052 | €161,156 | -€241,896 | -60.0% |
| Formation expenses | 20 | €96 | €0 | -€96 | -100.0% |
| Fixed assets | 21/28 | €18,046 | €23,373 | +€5,327 | +29.5% |
| Tangible fixed assets | 22/27 | €18,046 | €23,373 | +€5,327 | +29.5% |
| Furniture and vehicles | 24 | €702 | €4,507 | +€3,805 | +542.3% |
| Other tangible fixed assets | 26 | €17,344 | €18,866 | +€1,522 | +8.8% |
| Current assets | 29/58 | €384,910 | €137,784 | -€247,127 | -64.2% |
| Amounts receivable within one year | 40/41 | €24,465 | €0 | -€24,465 | -100.0% |
| Trade receivables | 40 | €24,465 | €0 | -€24,465 | -100.0% |
| Cash at bank and in hand | 54/58 | €345,305 | €116,230 | -€229,076 | -66.3% |
| Deferred charges and accrued income | 490/1 | €15,141 | €21,554 | +€6,414 | +42.4% |
| Total equity and liabilities | 10/49 | €403,052 | €161,156 | -€241,896 | -60.0% |
| Equity | 10/15 | €309,805 | €38,978 | -€270,826 | -87.4% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €305,805 | €34,978 | -€270,826 | -88.6% |
| Distributable reserves | 133 | €305,805 | €34,978 | -€270,826 | -88.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €93,248 | €122,178 | +€28,930 | +31.0% |
| Amounts payable after more than one year | 17 | €1,745 | €1,736 | -€9 | -0.5% |
| Other amounts payable | 178/9 | €1,745 | €1,736 | -€9 | -0.5% |
| Amounts payable within one year | 42/48 | €86,123 | €117,944 | +€31,821 | +36.9% |
| Trade debts | 44 | €22,798 | €4,987 | -€17,812 | -78.1% |
| Suppliers | 440/4 | €22,798 | €4,987 | -€17,812 | -78.1% |
| Taxes, remuneration and social security | 45 | €63,325 | €12,957 | -€50,368 | -79.5% |
| Taxes | 450/3 | €63,325 | €12,957 | -€50,368 | -79.5% |
| Other amounts payable | 47/48 | €0 | €100,000 | +€100,000 | |
| Accrued charges and deferred income | 492/3 | €5,379 | €2,498 | -€2,881 | -53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,719 | €1,831 | +€112 | +6.5% |
| Other operating charges | 640/8 | €789 | €1,345 | +€556 | +70.4% |
| Gross operating margin | 9900 | €150,688 | €142,733 | -€7,955 | -5.3% |
| Operating profit (loss) | 9901 | €148,179 | €139,557 | -€8,622 | -5.8% |
| Financial income | 75/76B | - | €800 | +€800 | |
| Recurring financial income | 75 | - | €800 | +€800 | |
| Financial charges | 65/66B | €221 | €183 | -€38 | -17.4% |
| Recurring financial charges | 65 | €221 | €183 | -€38 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €147,958 | €140,174 | -€7,784 | -5.3% |
| Income taxes | 67/77 | €33,326 | €31,001 | -€2,325 | -7.0% |
| Profit (loss) for the period | 9904 | €114,632 | €109,174 | -€5,459 | -4.8% |
| Profit (loss) for the period to be appropriated | 9905 | €114,632 | €109,174 | -€5,459 | -4.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.