Liekens Media: 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.
Liekens Media
Largest movements
- Receivables within one year -€10,575
down €10,575 (-31.5%), from €33,612 to €23,037
of which Trade receivables: -€6,401
- Tangible fixed assets -€9,429
down €9,429 (-7.1%), from €132,317 to €122,888
of which Land and buildings: -€6,691
- Deferred charges and accrued income -€1,988
down €1,988 (-62.8%), from €3,168 to €1,180
- Trade debts -€19,880
down €19,880 (-85.7%), from €23,206 to €3,326
- Debts after one year -€9,510
down €9,510 (-8.6%), from €111,161 to €101,651
- Current portion of long-term debt +€5,671
up €5,671 (+148%), from €3,839 to €9,510
- Other debts +€5,552
up €5,552 (+16.6%), from €33,513 to €39,064
- Profit (loss) carried forward -€4,366
down €4,366 (-38.4%), from -€11,375 to -€15,741
- Depreciation -€13,108
down €13,108 (-58.2%), from €22,537 to €9,429
- Financial charges +€2,663
up €2,663 (+108%), from €2,458 to €5,121
- Gross operating margin -€2,310
down €2,310 (-2.9%), from €78,738 to €76,428
- Staff costs +€1,127
up €1,127 (+1.8%), from €63,162 to €64,289
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.
Derived cash bridge
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 | €190,877 | €169,353 | -€21,524 | -11.3% |
| Fixed assets | 21/28 | €132,317 | €122,888 | -€9,429 | -7.1% |
| Tangible fixed assets | 22/27 | €132,317 | €122,888 | -€9,429 | -7.1% |
| Land and buildings | 22 | €122,282 | €115,591 | -€6,691 | -5.5% |
| Plant, machinery and equipment | 23 | €513 | €128 | -€385 | -75.0% |
| Furniture and vehicles | 24 | €3,877 | €2,186 | -€1,691 | -43.6% |
| Other tangible fixed assets | 26 | €5,646 | €4,983 | -€663 | -11.7% |
| Current assets | 29/58 | €58,560 | €46,465 | -€12,095 | -20.7% |
| Amounts receivable within one year | 40/41 | €33,612 | €23,037 | -€10,575 | -31.5% |
| Trade receivables | 40 | €27,745 | €21,344 | -€6,401 | -23.1% |
| Other amounts receivable | 41 | €5,867 | €1,693 | -€4,174 | -71.1% |
| Cash at bank and in hand | 54/58 | €21,779 | €22,248 | +€468 | +2.1% |
| Deferred charges and accrued income | 490/1 | €3,168 | €1,180 | -€1,988 | -62.8% |
| Total equity and liabilities | 10/49 | €190,877 | €169,353 | -€21,524 | -11.3% |
| Equity | 10/15 | €7,225 | €2,859 | -€4,366 | -60.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,375 | -€15,741 | -€4,366 | -38.4% |
| Amounts payable | 17/49 | €183,652 | €166,494 | -€17,158 | -9.3% |
| Amounts payable after more than one year | 17 | €111,161 | €101,651 | -€9,510 | -8.6% |
| Financial debts | 170/4 | €111,161 | €101,651 | -€9,510 | -8.6% |
| Amounts payable within one year | 42/48 | €72,491 | €64,844 | -€7,648 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €3,839 | €9,510 | +€5,671 | +148% |
| Trade debts | 44 | €23,206 | €3,326 | -€19,880 | -85.7% |
| Suppliers | 440/4 | €23,206 | €3,326 | -€19,880 | -85.7% |
| Taxes, remuneration and social security | 45 | €11,934 | €12,944 | +€1,010 | +8.5% |
| Taxes | 450/3 | €0 | €825 | +€825 | |
| Remuneration and social security | 454/9 | €11,934 | €12,119 | +€185 | +1.6% |
| Other amounts payable | 47/48 | €33,513 | €39,064 | +€5,552 | +16.6% |
| Remuneration, social security and pensions | 62 | €63,162 | €64,289 | +€1,127 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,537 | €9,429 | -€13,108 | -58.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €1,655 | €1,706 | +€52 | +3.1% |
| Gross operating margin | 9900 | €78,738 | €76,428 | -€2,310 | -2.9% |
| Operating profit (loss) | 9901 | -€8,616 | €1,004 | +€9,620 | |
| Financial income | 75/76B | €6 | €83 | +€76 | +1,223% |
| Recurring financial income | 75 | €6 | €83 | +€76 | +1,223% |
| Financial charges | 65/66B | €2,458 | €5,121 | +€2,663 | +108% |
| Recurring financial charges | 65 | €2,458 | €5,121 | +€2,663 | +108% |
| Profit (loss) for the period before taxes | 9903 | -€11,067 | -€4,034 | +€7,033 | +63.5% |
| Income taxes | 67/77 | €320 | €332 | +€12 | +3.7% |
| Profit (loss) for the period | 9904 | -€11,387 | -€4,366 | +€7,021 | +61.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,387 | -€4,366 | +€7,021 | +61.7% |
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 31 October 2026 via checked.be.