LIEJA: 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.
LIEJA
Largest movements
- Tangible fixed assets -€27,346
down €27,346 (-9.6%), from €283,843 to €256,498
of which Plant, machinery and equipment: -€18,455
- Receivables within one year +€7,539
up €7,539 (+89.6%), from €8,414 to €15,953
of which Trade receivables: +€6,421
- Debts after one year -€26,653
down €26,653 (-15.2%), from €175,654 to €149,001
- Profit (loss) carried forward +€18,403
up €18,403 (+20.4%), from €90,168 to €108,571
- Current portion of long-term debt -€12,847
down €12,847 (-28.2%), from €45,500 to €32,653
- Trade debts +€4,700
up €4,700 (+17.3%), from €27,153 to €31,853
- Gross operating margin -€14,343
down €14,343 (-14.0%), from €102,811 to €88,468
- Depreciation -€11,925
down €11,925 (-30.4%), from €39,271 to €27,346
- Taxes +€3,478
up €3,478 (+275.5%), from €1,262 to €4,740
- Staff costs -€2,548
down €2,548 (-7.6%), from €33,605 to €31,057
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €353,915 | €335,559 | -€18,357 | -5.2% |
| Fixed assets | 21/28 | €284,112 | €256,766 | -€27,346 | -9.6% |
| Tangible fixed assets | 22/27 | €283,843 | €256,498 | -€27,346 | -9.6% |
| Land and buildings | 22 | €218,143 | €209,566 | -€8,576 | -3.9% |
| Plant, machinery and equipment | 23 | €64,758 | €46,303 | -€18,455 | -28.5% |
| Furniture and vehicles | 24 | €942 | €628 | -€314 | -33.3% |
| Financial fixed assets | 28 | €268 | €268 | = | 0.0% |
| Current assets | 29/58 | €69,804 | €78,793 | +€8,989 | +12.9% |
| Stocks and contracts in progress | 3 | €3,014 | €4,136 | +€1,122 | +37.2% |
| Stocks | 30/36 | €3,014 | €4,136 | +€1,122 | +37.2% |
| Amounts receivable within one year | 40/41 | €8,414 | €15,953 | +€7,539 | +89.6% |
| Trade receivables | 40 | €1,281 | €7,702 | +€6,421 | +501.3% |
| Other amounts receivable | 41 | €7,133 | €8,251 | +€1,118 | +15.7% |
| Cash at bank and in hand | 54/58 | €53,489 | €56,145 | +€2,656 | +5.0% |
| Deferred charges and accrued income | 490/1 | €4,887 | €2,559 | -€2,328 | -47.6% |
| Total equity and liabilities | 10/49 | €353,915 | €335,559 | -€18,357 | -5.2% |
| Equity | 10/15 | €98,228 | €116,631 | +€18,403 | +18.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €90,168 | €108,571 | +€18,403 | +20.4% |
| Amounts payable | 17/49 | €255,687 | €218,928 | -€36,759 | -14.4% |
| Amounts payable after more than one year | 17 | €175,654 | €149,001 | -€26,653 | -15.2% |
| Financial debts | 170/4 | €175,654 | €149,001 | -€26,653 | -15.2% |
| Amounts payable within one year | 42/48 | €80,034 | €69,927 | -€10,107 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €45,500 | €32,653 | -€12,847 | -28.2% |
| Trade debts | 44 | €27,153 | €31,853 | +€4,700 | +17.3% |
| Suppliers | 440/4 | €27,153 | €31,853 | +€4,700 | +17.3% |
| Advances received on contracts in progress | 46 | €322 | €322 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,169 | €2,354 | -€1,815 | -43.5% |
| Taxes | 450/3 | €8 | - | -€8 | |
| Remuneration and social security | 454/9 | €4,161 | €2,354 | -€1,808 | -43.4% |
| Other amounts payable | 47/48 | €2,890 | €2,746 | -€144 | -5.0% |
| Remuneration, social security and pensions | 62 | €33,605 | €31,057 | -€2,548 | -7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,271 | €27,346 | -€11,925 | -30.4% |
| Other operating charges | 640/8 | €235 | €138 | -€97 | -41.3% |
| Gross operating margin | 9900 | €102,811 | €88,468 | -€14,343 | -14.0% |
| Operating profit (loss) | 9901 | €29,700 | €29,927 | +€227 | +0.8% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €6,359 | €5,984 | -€375 | -5.9% |
| Recurring financial charges | 65 | €6,359 | €5,984 | -€375 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €23,342 | €23,943 | +€602 | +2.6% |
| Income taxes | 67/77 | €1,262 | €4,740 | +€3,478 | +275.5% |
| Profit (loss) for the period | 9904 | €22,079 | €19,203 | -€2,876 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,079 | €19,203 | -€2,876 | -13.0% |
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 6 October 2026 via checked.be.