LIECKENS KRIS: what changed
What changed
LIECKENS KRIS
NACE 46.712, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€104,002
2024 · €20,908+€83,093
Equity
€761,464
2024 · €666,463+€95,002
Cash
€101,582
2024 · €90,021+€11,560
Balance sheet total
€2.5m
2024 · €2.8m-€344,092
Largest movements
Assets
- Stocks and contracts -€463,457
down €463,457 (-36.1%), from €1.3m to €818,744
- Receivables within one year +€60,032
up €60,032 (+8.9%), from €674,248 to €734,280
of which Trade receivables: +€65,941
- Tangible fixed assets +€48,290
up €48,290 (+6.2%), from €775,939 to €824,229
of which Other tangible fixed assets: +€95,353
Equity and liabilities
- Trade debts -€318,014
down €318,014 (-28.1%), from €1.1m to €813,356
- Debts after one year -€117,192
down €117,192 (-27.5%), from €425,912 to €308,720
- Profit (loss) carried forward +€95,002
up €95,002 (+23.8%), from €399,463 to €494,464
Income statement
- Gross operating margin +€58,995
up €58,995 (+13.0%), from €453,955 to €512,950
- Depreciation -€16,730
down €16,730 (-11.2%), from €149,544 to €132,814
- Taxes +€16,239
up €16,239 (+334%), from €4,856 to €21,095
- Financial charges -€14,193
down €14,193 (-25.1%), from €56,594 to €42,401
- Staff costs -€9,583
down €9,583 (-4.5%), from €215,195 to €205,612
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€20,908
Gross operating margin
+€58,995
Staff costs
+€9,583
Depreciation
+€16,730
Write-downs
-€2,726
Provisions
+€116
Other operating charges
+€2,441
Financial income
+€1
Financial charges
+€14,193
Taxes
-€16,239
Result 2025
€104,002
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€323,084
Investment
-€181,103
Financing
-€130,420
Cash 2024
€90,021
From operations (derived)
+€323,084
Net result for the year
+€104,002
Depreciation
+€132,814
Stocks and contracts
+€463,457
Receivables within one year
-€60,032
Smaller working-capital items
+€401
Trade debts
-€318,014
Tax, wage and social debts
+€17,578
Other debts
-€3,547
Accrued charges and deferred income
-€13,575
Investment (derived)
-€181,103
Investment in fixed assets (net)
-€181,103
Financing
-€130,420
Debts after one year
-€117,192
Current portion of long-term debt
-€4,228
Contributions, distributions and other
-€9,000
Cash 2025
€101,582
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,827,668 | €2,483,576 | -€344,092 | -12.2% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €775,939 | €824,229 | +€48,290 | +6.2% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €775,939 | €824,229 | +€48,290 | +6.2% |
| Plant, machinery and equipment | 23 | €23,888 | €16,793 | -€7,095 | -29.7% |
| Furniture and vehicles | 24 | €11,050 | €8,080 | -€2,969 | -26.9% |
| Leasing and similar rights | 25 | €144,939 | €107,940 | -€36,999 | -25.5% |
| Other tangible fixed assets | 26 | €596,063 | €691,416 | +€95,353 | +16.0% |
| Current assets | 29/58 | €2,051,729 | €1,659,348 | -€392,381 | -19.1% |
| Stocks and contracts in progress | 3 | €1,282,200 | €818,744 | -€463,457 | -36.1% |
| Stocks | 30/36 | €1,282,200 | €818,744 | -€463,457 | -36.1% |
| Amounts receivable within one year | 40/41 | €674,248 | €734,280 | +€60,032 | +8.9% |
| Trade receivables | 40 | €668,066 | €734,007 | +€65,941 | +9.9% |
| Other amounts receivable | 41 | €6,182 | €272 | -€5,910 | -95.6% |
| Cash at bank and in hand | 54/58 | €90,021 | €101,582 | +€11,560 | +12.8% |
| Deferred charges and accrued income | 490/1 | €5,259 | €4,742 | -€517 | -9.8% |
| Total equity and liabilities | 10/49 | €2,827,668 | €2,483,576 | -€344,092 | -12.2% |
| Equity | 10/15 | €666,463 | €761,464 | +€95,002 | +14.3% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €67,000 | €67,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €67,000 | - | -€67,000 | |
| Distributable reserves | 133 | - | €67,000 | +€67,000 | |
| Profit (loss) carried forward | 14 | €399,463 | €494,464 | +€95,002 | +23.8% |
| Provisions and deferred taxes | 16 | €7,878 | €7,763 | -€116 | -1.5% |
| Provisions for liabilities and charges | 160/5 | €7,878 | €7,763 | -€116 | -1.5% |
| Other liabilities and charges | 164/5 | €7,878 | €7,763 | -€116 | -1.5% |
| Amounts payable | 17/49 | €2,153,327 | €1,714,349 | -€438,978 | -20.4% |
| Amounts payable after more than one year | 17 | €425,912 | €308,720 | -€117,192 | -27.5% |
| Financial debts | 170/4 | €425,912 | €308,720 | -€117,192 | -27.5% |
| Amounts payable within one year | 42/48 | €1,713,840 | €1,405,629 | -€308,211 | -18.0% |
| Current portion of amounts payable after more than one year | 42 | €120,913 | €116,685 | -€4,228 | -3.5% |
| Financial debts | 43 | €300,000 | €300,000 | = | 0.0% |
| Credit institutions | 430/8 | €300,000 | €300,000 | = | 0.0% |
| Trade debts | 44 | €1,131,370 | €813,356 | -€318,014 | -28.1% |
| Suppliers | 440/4 | €1,131,370 | €813,356 | -€318,014 | -28.1% |
| Taxes, remuneration and social security | 45 | €45,396 | €62,975 | +€17,578 | +38.7% |
| Taxes | 450/3 | €4,114 | €25,909 | +€21,796 | +530% |
| Remuneration and social security | 454/9 | €41,283 | €37,065 | -€4,217 | -10.2% |
| Other amounts payable | 47/48 | €116,161 | €112,614 | -€3,547 | -3.1% |
| Accrued charges and deferred income | 492/3 | €13,575 | €0 | -€13,575 | -100% |
| Non-recurring operating income | 76A | €3,413 | €58,335 | +€54,922 | +1,609% |
| Remuneration, social security and pensions | 62 | €215,195 | €205,612 | -€9,583 | -4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €149,544 | €132,814 | -€16,730 | -11.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,726 | - | +€2,726 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€116 | -€116 | |
| Other operating charges | 640/8 | €9,584 | €7,143 | -€2,441 | -25.5% |
| Gross operating margin | 9900 | €453,955 | €512,950 | +€58,995 | +13.0% |
| Operating profit (loss) | 9901 | €82,358 | €167,497 | +€85,139 | +103% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €56,594 | €42,401 | -€14,193 | -25.1% |
| Recurring financial charges | 65 | €56,594 | €42,401 | -€14,193 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €25,764 | €125,096 | +€99,332 | +386% |
| Income taxes | 67/77 | €4,856 | €21,095 | +€16,239 | +334% |
| Profit (loss) for the period | 9904 | €20,908 | €104,002 | +€83,093 | +397% |
| Profit (loss) for the period to be appropriated | 9905 | €20,908 | €104,002 | +€83,093 | +397% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.