LIEGE DRINK: what changed
LIEGE DRINK
Largest movements
- Stocks and contracts -€9,442
down €9,442 (-93.6%), from €10,084 to €642
- Tangible fixed assets -€4,288
down €4,288 (-6.5%), from €65,888 to €61,600
of which Land and buildings: -€3,915
- Receivables within one year +€2,306
up €2,306 (+625%), from €369 to €2,675
of which Trade receivables: +€2,251
- Cash -€1,079
down €1,079 (-38.0%), from €2,837 to €1,758
mainly Net result for the year (-€25,132) and Debts after one year (-€10,495)
- Profit (loss) carried forward -€25,132
down €25,132 (-60.7%), from -€41,411 to -€66,543
- Trade debts +€12,129
up €12,129 (+136%), from €8,896 to €21,026
- Debts after one year -€10,495
down €10,495 (-57.6%), from €18,232 to €7,737
- Other debts +€8,457
up €8,457 (+19.1%), from €44,381 to €52,837
- Advances received +€2,569
new in 2025: €2,569
- Turnover -€31,556
down €31,556 (-69.9%), from €45,145 to €13,589
- Gross operating margin -€24,669
down €24,669, from €3,385 to -€21,284
- Purchases and services -€7,055
down €7,055 (-16.8%), from €42,032 to €34,977
- Depreciation -€578
down €578 (-11.9%), from €4,866 to €4,288
- Financial charges +€464
up €464 (+16.0%), from €2,892 to €3,355
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,405 | €68,170 | -€13,235 | -16.3% |
| Fixed assets | 21/28 | €66,008 | €61,719 | -€4,288 | -6.5% |
| Tangible fixed assets | 22/27 | €65,888 | €61,600 | -€4,288 | -6.5% |
| Land and buildings | 22 | €65,515 | €61,600 | -€3,915 | -6.0% |
| Furniture and vehicles | 24 | €373 | - | -€373 | |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €15,398 | €6,450 | -€8,947 | -58.1% |
| Stocks and contracts in progress | 3 | €10,084 | €642 | -€9,442 | -93.6% |
| Stocks | 30/36 | €10,084 | €642 | -€9,442 | -93.6% |
| Amounts receivable within one year | 40/41 | €369 | €2,675 | +€2,306 | +625% |
| Trade receivables | 40 | €367 | €2,618 | +€2,251 | +614% |
| Other amounts receivable | 41 | €2 | €57 | +€55 | +2,706% |
| Cash at bank and in hand | 54/58 | €2,837 | €1,758 | -€1,079 | -38.0% |
| Deferred charges and accrued income | 490/1 | €2,108 | €1,376 | -€732 | -34.7% |
| Total equity and liabilities | 10/49 | €81,405 | €68,170 | -€13,235 | -16.3% |
| Equity | 10/15 | -€22,811 | -€47,943 | -€25,132 | -110% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€41,411 | -€66,543 | -€25,132 | -60.7% |
| Amounts payable | 17/49 | €104,216 | €116,113 | +€11,897 | +11.4% |
| Amounts payable after more than one year | 17 | €18,232 | €7,737 | -€10,495 | -57.6% |
| Financial debts | 170/4 | €18,232 | €7,737 | -€10,495 | -57.6% |
| Amounts payable within one year | 42/48 | €85,984 | €107,979 | +€21,994 | +25.6% |
| Current portion of amounts payable after more than one year | 42 | €19,845 | €19,076 | -€769 | -3.9% |
| Financial debts | 43 | €12,450 | €12,470 | +€20 | +0.2% |
| Credit institutions | 430/8 | €12,450 | €12,470 | +€20 | +0.2% |
| Trade debts | 44 | €8,896 | €21,026 | +€12,129 | +136% |
| Suppliers | 440/4 | €8,896 | €21,026 | +€12,129 | +136% |
| Advances received on contracts in progress | 46 | - | €2,569 | +€2,569 | |
| Taxes, remuneration and social security | 45 | €412 | - | -€412 | |
| Taxes | 450/3 | €412 | - | -€412 | |
| Other amounts payable | 47/48 | €44,381 | €52,837 | +€8,457 | +19.1% |
| Accrued charges and deferred income | 492/3 | - | €398 | +€398 | |
| Turnover | 70 | €45,145 | €13,589 | -€31,556 | -69.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €42,032 | €34,977 | -€7,055 | -16.8% |
| Remuneration, social security and pensions | 62 | €104 | - | -€104 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,866 | €4,288 | -€578 | -11.9% |
| Other operating charges | 640/8 | €2,120 | €2,240 | +€119 | +5.6% |
| Gross operating margin | 9900 | €3,385 | -€21,284 | -€24,669 | |
| Operating profit (loss) | 9901 | -€3,706 | -€27,812 | -€24,106 | -650% |
| Financial income | 75/76B | €6,049 | €6,035 | -€14 | -0.2% |
| Recurring financial income | 75 | €49 | €35 | -€14 | -28.9% |
| Non-recurring financial income | 76B | €6,000 | €6,000 | = | 0.0% |
| Financial charges | 65/66B | €2,892 | €3,355 | +€464 | +16.0% |
| Recurring financial charges | 65 | €2,892 | €3,355 | +€464 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | -€549 | -€25,132 | -€24,584 | -4,480% |
| Profit (loss) for the period | 9904 | -€549 | -€25,132 | -€24,584 | -4,480% |
| Profit (loss) for the period to be appropriated | 9905 | -€549 | -€25,132 | -€24,584 | -4,480% |
Next steps
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 1 November 2026 via checked.be.