LIEBEN: 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.
LIEBEN
Largest movements
- Tangible fixed assets -€32,717
down €32,717 (-22.6%), from €144,602 to €111,885
of which Furniture and vehicles: -€24,737
- Receivables within one year +€21,175
up €21,175 (+37.6%), from €56,297 to €77,472
of which Other amounts receivable: +€11,834
- Cash -€5,472
down €5,472 (-12.9%), from €42,392 to €36,919
mainly Debts after one year (-€24,153) and Short-term financial debts (-€23,793)
- Deferred charges and accrued income +€3,294
new in 2025: €3,294
- Debts after one year -€24,153
down €24,153 (-31.6%), from €76,350 to €52,197
- Current portion of long-term debt +€24,153
new in 2025: €24,153
- Short-term financial debts -€23,793
no longer reported in 2025 (was €23,793)
- Profit (loss) carried forward +€9,895
up €9,895 (+7.7%), from €128,132 to €138,027
- Gross operating margin -€16,664
down €16,664 (-26.8%), from €62,092 to €45,428
- Taxes +€3,312
up €3,312 (+783.1%), from €423 to €3,735
- Depreciation -€2,323
down €2,323 (-7.6%), from €30,551 to €28,228
- Other operating charges -€1,197
down €1,197 (-40.6%), from €2,951 to €1,754
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 | €243,290 | €229,570 | -€13,720 | -5.6% |
| Fixed assets | 21/28 | €144,602 | €111,885 | -€32,717 | -22.6% |
| Tangible fixed assets | 22/27 | €144,602 | €111,885 | -€32,717 | -22.6% |
| Land and buildings | 22 | €19,645 | €17,413 | -€2,231 | -11.4% |
| Plant, machinery and equipment | 23 | €10,994 | €5,245 | -€5,749 | -52.3% |
| Furniture and vehicles | 24 | €113,963 | €89,226 | -€24,737 | -21.7% |
| Current assets | 29/58 | €98,689 | €117,686 | +€18,997 | +19.2% |
| Amounts receivable within one year | 40/41 | €56,297 | €77,472 | +€21,175 | +37.6% |
| Trade receivables | 40 | €20,551 | €29,891 | +€9,340 | +45.5% |
| Other amounts receivable | 41 | €35,746 | €47,581 | +€11,834 | +33.1% |
| Cash at bank and in hand | 54/58 | €42,392 | €36,919 | -€5,472 | -12.9% |
| Deferred charges and accrued income | 490/1 | - | €3,294 | +€3,294 | |
| Total equity and liabilities | 10/49 | €243,290 | €229,570 | -€13,720 | -5.6% |
| Equity | 10/15 | €135,132 | €145,027 | +€9,895 | +7.3% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,132 | €138,027 | +€9,895 | +7.7% |
| Amounts payable | 17/49 | €108,158 | €84,543 | -€23,615 | -21.8% |
| Amounts payable after more than one year | 17 | €76,350 | €52,197 | -€24,153 | -31.6% |
| Financial debts | 170/4 | €76,350 | €52,197 | -€24,153 | -31.6% |
| Amounts payable within one year | 42/48 | €31,808 | €32,346 | +€537 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | - | €24,153 | +€24,153 | |
| Financial debts | 43 | €23,793 | - | -€23,793 | |
| Credit institutions | 430/8 | €23,793 | - | -€23,793 | |
| Trade debts | 44 | €1,926 | €1,173 | -€753 | -39.1% |
| Suppliers | 440/4 | €1,926 | €1,173 | -€753 | -39.1% |
| Taxes, remuneration and social security | 45 | €6,090 | €7,020 | +€930 | +15.3% |
| Taxes | 450/3 | €6,090 | €7,020 | +€930 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,551 | €28,228 | -€2,323 | -7.6% |
| Other operating charges | 640/8 | €2,951 | €1,754 | -€1,197 | -40.6% |
| Gross operating margin | 9900 | €62,092 | €45,428 | -€16,664 | -26.8% |
| Operating profit (loss) | 9901 | €28,589 | €15,445 | -€13,144 | -46.0% |
| Financial income | 75/76B | €1,565 | €1,834 | +€269 | +17.2% |
| Recurring financial income | 75 | €1,565 | €1,834 | +€269 | +17.2% |
| Financial charges | 65/66B | €3,952 | €3,649 | -€303 | -7.7% |
| Recurring financial charges | 65 | €3,952 | €3,649 | -€303 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | €26,202 | €13,630 | -€12,572 | -48.0% |
| Income taxes | 67/77 | €423 | €3,735 | +€3,312 | +783.1% |
| Profit (loss) for the period | 9904 | €25,779 | €9,895 | -€15,884 | -61.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,779 | €9,895 | -€15,884 | -61.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.