Liefferinckx & C°: 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.
Liefferinckx & C°
Largest movements
- Tangible fixed assets -€235,628
down €235,628 (-99.2%), from €237,545 to €1,917
of which Land and buildings: -€234,832
- Cash +€139,392
up €139,392 (+6065.6%), from €2,298 to €141,690
mainly Investment in fixed assets (net) (+€234,832) and Net result for the year (+€76,613)
- Current investments -€5,739
down €5,739 (-16.9%), from €33,994 to €28,254
- Debts after one year -€157,823
no longer reported in 2025 (was €157,823)
- Reserves +€42,551
up €42,551 (+58.0%), from €73,309 to €115,860
of which Distributable reserves: +€42,551
- Profit (loss) carried forward +€34,062
no longer reported in 2025 (was -€34,062)
- Other debts -€27,356
down €27,356 (-62.6%), from €43,723 to €16,367
- Tax, wage and social debts +€20,147
new in 2025: €20,147
- Gross operating margin +€95,571
up €95,571 (+1056.0%), from €9,050 to €104,621
- Taxes +€20,259
new in 2025: €20,259
- Depreciation -€14,059
down €14,059 (-94.6%), from €14,855 to €796
- Financial charges +€2,146
up €2,146 (+51.5%), from €4,167 to €6,312
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 | €274,262 | €171,861 | -€102,401 | -37.3% |
| Fixed assets | 21/28 | €237,545 | €1,917 | -€235,628 | -99.2% |
| Tangible fixed assets | 22/27 | €237,545 | €1,917 | -€235,628 | -99.2% |
| Land and buildings | 22 | €234,832 | - | -€234,832 | |
| Plant, machinery and equipment | 23 | €2,264 | €1,873 | -€391 | -17.3% |
| Furniture and vehicles | 24 | €449 | €44 | -€405 | -90.3% |
| Current assets | 29/58 | €36,717 | €169,944 | +€133,227 | +362.8% |
| Amounts receivable within one year | 40/41 | €31 | - | -€31 | |
| Other amounts receivable | 41 | €31 | - | -€31 | |
| Current investments | 50/53 | €33,994 | €28,254 | -€5,739 | -16.9% |
| Cash at bank and in hand | 54/58 | €2,298 | €141,690 | +€139,392 | +6065.6% |
| Deferred charges and accrued income | 490/1 | €395 | - | -€395 | |
| Total equity and liabilities | 10/49 | €274,262 | €171,861 | -€102,401 | -37.3% |
| Equity | 10/15 | €57,847 | €134,460 | +€76,613 | +132.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €73,309 | €115,860 | +€42,551 | +58.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €71,449 | €114,000 | +€42,551 | +59.6% |
| Profit (loss) carried forward | 14 | -€34,062 | - | +€34,062 | |
| Amounts payable | 17/49 | €216,415 | €37,402 | -€179,014 | -82.7% |
| Amounts payable after more than one year | 17 | €157,823 | - | -€157,823 | |
| Financial debts | 170/4 | €157,823 | - | -€157,823 | |
| Amounts payable within one year | 42/48 | €58,032 | €37,402 | -€20,630 | -35.5% |
| Current portion of amounts payable after more than one year | 42 | €13,918 | - | -€13,918 | |
| Trade debts | 44 | €390 | €887 | +€497 | +127.5% |
| Suppliers | 440/4 | €390 | €887 | +€497 | +127.5% |
| Taxes, remuneration and social security | 45 | - | €20,147 | +€20,147 | |
| Taxes | 450/3 | - | €20,147 | +€20,147 | |
| Other amounts payable | 47/48 | €43,723 | €16,367 | -€27,356 | -62.6% |
| Accrued charges and deferred income | 492/3 | €561 | - | -€561 | |
| Non-recurring operating income | 76A | - | €113,268 | +€113,268 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,855 | €796 | -€14,059 | -94.6% |
| Other operating charges | 640/8 | €1,190 | €1,014 | -€176 | -14.8% |
| Gross operating margin | 9900 | €9,050 | €104,621 | +€95,571 | +1056.0% |
| Operating profit (loss) | 9901 | -€6,994 | €102,812 | +€109,805 | |
| Financial income | 75/76B | €102 | €372 | +€271 | +265.8% |
| Recurring financial income | 75 | €102 | €372 | +€271 | +265.8% |
| Financial charges | 65/66B | €4,167 | €6,312 | +€2,146 | +51.5% |
| Recurring financial charges | 65 | €4,167 | €6,312 | +€2,146 | +51.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,059 | €96,872 | +€107,931 | |
| Income taxes | 67/77 | - | €20,259 | +€20,259 | |
| Profit (loss) for the period | 9904 | -€11,059 | €76,613 | +€87,672 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,059 | €76,613 | +€87,672 |
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 12 October 2026 via checked.be.