LIEGIMMO: what changed
Two fiscal 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.
What changed
LIEGIMMO
NACE 68.121, Development of residential building projects
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€23,249
2023 · €7,924+€15,325
Equity
€265,955
2023 · €262,706+€3,249
Cash
€66,012
2023 · €76,572-€10,560
Balance sheet total
€1.0m
2023 · €1.1m-€53,003
Largest movements
Assets
- Tangible fixed assets -€43,659
down €43,659 (-4.5%), from €963,481 to €919,822
of which Land and buildings: -€35,845
Equity and liabilities
- Debts after one year -€60,737
down €60,737 (-8.8%), from €693,306 to €632,568
- Tax, wage and social debts -€34,427
down €34,427 (-94.0%), from €36,635 to €2,208
of which Taxes: -€28,281
- Other debts +€29,815
up €29,815 (+2484.6%), from €1,200 to €31,015
Income statement
- Staff costs -€43,832
down €43,832 (-61.8%), from €70,912 to €27,080
- Gross operating margin -€42,277
down €42,277 (-23.1%), from €183,009 to €140,733
- Other operating charges -€33,331
down €33,331 (-79.5%), from €41,914 to €8,583
- Taxes +€20,184
up €20,184, from -€8,165 to €12,019
- Depreciation -€7,345
down €7,345 (-14.4%), from €51,004 to €43,659
From the 2023 result to the 2024 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.
Result 2023
€7,924
Gross operating margin
-€42,277
Staff costs
+€43,832
Depreciation
+€7,345
Other operating charges
+€33,331
Financial income
+€12
Financial charges
-€6,734
Taxes
-€20,184
Result 2024
€23,249
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€67,518
Investment
+€200
Financing
-€78,277
Cash 2023
€76,572
From operations (derived)
+€67,518
Net result for the year
+€23,249
Depreciation
+€43,659
Receivables within one year
-€2,394
Deferred charges and accrued income
+€979
Trade debts
+€6,236
Tax, wage and social debts
-€34,427
Other debts
+€29,815
Accrued charges and deferred income
+€401
Investment (derived)
+€200
Investment in fixed assets (net)
+€200
Financing
-€78,277
Debts after one year
-€60,737
Current portion of long-term debt
+€2,428
Short-term financial debts
+€32
Contributions, distributions and other
-€20,000
Cash 2024
€66,012
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,075,181 | €1,022,177 | -€53,003 | -4.9% |
| Fixed assets | 21/28 | €963,681 | €919,822 | -€43,859 | -4.6% |
| Tangible fixed assets | 22/27 | €963,481 | €919,822 | -€43,659 | -4.5% |
| Land and buildings | 22 | €948,627 | €912,782 | -€35,845 | -3.8% |
| Plant, machinery and equipment | 23 | €6,137 | €4,909 | -€1,227 | -20.0% |
| Furniture and vehicles | 24 | €8,717 | €2,131 | -€6,587 | -75.6% |
| Other tangible fixed assets | 26 | €0 | €0 | = | |
| Financial fixed assets | 28 | €200 | €0 | -€200 | -100.0% |
| Current assets | 29/58 | €111,500 | €102,355 | -€9,144 | -8.2% |
| Amounts receivable within one year | 40/41 | €30,938 | €33,332 | +€2,394 | +7.7% |
| Trade receivables | 40 | €12,450 | €15,252 | +€2,802 | +22.5% |
| Other amounts receivable | 41 | €18,488 | €18,080 | -€408 | -2.2% |
| Cash at bank and in hand | 54/58 | €76,572 | €66,012 | -€10,560 | -13.8% |
| Deferred charges and accrued income | 490/1 | €3,990 | €3,011 | -€979 | -24.5% |
| Total equity and liabilities | 10/49 | €1,075,181 | €1,022,177 | -€53,003 | -4.9% |
| Equity | 10/15 | €262,706 | €265,955 | +€3,249 | +1.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €120,850 | €120,850 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,850 | €1,850 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,850 | €1,850 | = | 0.0% |
| Distributable reserves | 133 | €119,000 | €119,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €123,264 | €126,513 | +€3,249 | +2.6% |
| Amounts payable | 17/49 | €812,475 | €756,222 | -€56,252 | -6.9% |
| Amounts payable after more than one year | 17 | €693,306 | €632,568 | -€60,737 | -8.8% |
| Financial debts | 170/4 | €693,306 | €632,568 | -€60,737 | -8.8% |
| Amounts payable within one year | 42/48 | €116,461 | €120,545 | +€4,084 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €63,711 | €66,139 | +€2,428 | +3.8% |
| Financial debts | 43 | - | €32 | +€32 | |
| Credit institutions | 430/8 | - | €32 | +€32 | |
| Trade debts | 44 | €14,915 | €21,150 | +€6,236 | +41.8% |
| Suppliers | 440/4 | €14,915 | €21,150 | +€6,236 | +41.8% |
| Taxes, remuneration and social security | 45 | €36,635 | €2,208 | -€34,427 | -94.0% |
| Taxes | 450/3 | €30,489 | €2,208 | -€28,281 | -92.8% |
| Remuneration and social security | 454/9 | €6,147 | €0 | -€6,147 | -100.0% |
| Other amounts payable | 47/48 | €1,200 | €31,015 | +€29,815 | +2484.6% |
| Accrued charges and deferred income | 492/3 | €2,707 | €3,108 | +€401 | +14.8% |
| Remuneration, social security and pensions | 62 | €70,912 | €27,080 | -€43,832 | -61.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,004 | €43,659 | -€7,345 | -14.4% |
| Other operating charges | 640/8 | €41,914 | €8,583 | -€33,331 | -79.5% |
| Gross operating margin | 9900 | €183,009 | €140,733 | -€42,277 | -23.1% |
| Operating profit (loss) | 9901 | €19,179 | €61,411 | +€42,231 | +220.2% |
| Financial income | 75/76B | €563 | €575 | +€12 | +2.2% |
| Recurring financial income | 75 | €563 | €575 | +€12 | +2.2% |
| Financial charges | 65/66B | €19,984 | €26,718 | +€6,734 | +33.7% |
| Recurring financial charges | 65 | €19,984 | €26,718 | +€6,734 | +33.7% |
| Profit (loss) for the period before taxes | 9903 | -€242 | €35,268 | +€35,509 | |
| Income taxes | 67/77 | -€8,165 | €12,019 | +€20,184 | |
| Profit (loss) for the period | 9904 | €7,924 | €23,249 | +€15,325 | +193.4% |
| Profit (loss) for the period to be appropriated | 9905 | €7,924 | €23,249 | +€15,325 | +193.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.