LIEMANS IMMO: 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.
LIEMANS IMMO
Largest movements
- Receivables within one year +€11,120
new in 2025: €11,120
of which Trade receivables: +€10,189
- Other debts +€9,535
up €9,535 (+12.1%), from €78,550 to €88,085
- Profit (loss) carried forward +€4,746
up €4,746 (+48.2%), from -€9,839 to -€5,093
- Debts after one year -€3,852
down €3,852 (-4.1%), from €94,974 to €91,122
of which Financial debts: -€6,852
- Gross operating margin +€1,485
up €1,485 (+13.5%), from €10,973 to €12,457
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 | €192,465 | €204,539 | +€12,074 | +6.3% |
| Formation expenses | 20 | €713 | €506 | -€207 | -29.0% |
| Fixed assets | 21/28 | €188,809 | €188,809 | = | 0.0% |
| Tangible fixed assets | 22/27 | €186,799 | €186,799 | = | 0.0% |
| Land and buildings | 22 | €186,799 | €186,799 | = | 0.0% |
| Financial fixed assets | 28 | €2,010 | €2,010 | = | 0.0% |
| Current assets | 29/58 | €2,943 | €15,224 | +€12,281 | +417.3% |
| Amounts receivable within one year | 40/41 | - | €11,120 | +€11,120 | |
| Trade receivables | 40 | - | €10,189 | +€10,189 | |
| Other amounts receivable | 41 | - | €932 | +€932 | |
| Cash at bank and in hand | 54/58 | €2,753 | €3,912 | +€1,159 | +42.1% |
| Deferred charges and accrued income | 490/1 | €190 | €192 | +€2 | +1.0% |
| Total equity and liabilities | 10/49 | €192,465 | €204,539 | +€12,074 | +6.3% |
| Equity | 10/15 | €10,161 | €14,907 | +€4,746 | +46.7% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€9,839 | -€5,093 | +€4,746 | +48.2% |
| Amounts payable | 17/49 | €182,305 | €189,633 | +€7,328 | +4.0% |
| Amounts payable after more than one year | 17 | €94,974 | €91,122 | -€3,852 | -4.1% |
| Financial debts | 170/4 | €94,974 | €88,122 | -€6,852 | -7.2% |
| Other amounts payable | 178/9 | - | €3,000 | +€3,000 | |
| Amounts payable within one year | 42/48 | €87,331 | €98,511 | +€11,180 | +12.8% |
| Current portion of amounts payable after more than one year | 42 | €6,661 | €6,852 | +€192 | +2.9% |
| Trade debts | 44 | €1,915 | €3,543 | +€1,629 | +85.0% |
| Suppliers | 440/4 | €1,915 | €3,543 | +€1,629 | +85.0% |
| Taxes, remuneration and social security | 45 | €205 | €30 | -€175 | -85.2% |
| Taxes | 450/3 | €205 | €30 | -€175 | -85.2% |
| Other amounts payable | 47/48 | €78,550 | €88,085 | +€9,535 | +12.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €207 | €207 | = | 0.0% |
| Other operating charges | 640/8 | €1,802 | €1,859 | +€57 | +3.2% |
| Gross operating margin | 9900 | €10,973 | €12,457 | +€1,485 | +13.5% |
| Operating profit (loss) | 9901 | €8,963 | €10,391 | +€1,428 | +15.9% |
| Financial income | 75/76B | - | €30 | +€30 | |
| Recurring financial income | 75 | - | €30 | +€30 | |
| Financial charges | 65/66B | €5,748 | €5,675 | -€73 | -1.3% |
| Recurring financial charges | 65 | €5,748 | €5,675 | -€73 | -1.3% |
| Profit (loss) for the period before taxes | 9903 | €3,216 | €4,746 | +€1,530 | +47.6% |
| Profit (loss) for the period | 9904 | €3,216 | €4,746 | +€1,530 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,216 | €4,746 | +€1,530 | +47.6% |
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 11 October 2026 via checked.be.