Liemaya: 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.
Liemaya
Largest movements
- Receivables within one year -€393,365
down €393,365 (-44.3%), from €887,554 to €494,189
of which Trade receivables: -€354,643
- Trade debts -€402,652
down €402,652 (-71.6%), from €562,383 to €159,731
- Reserves +€48,372
up €48,372 (+17.3%), from €279,553 to €327,925
- Other debts -€30,000
down €30,000 (-60.0%), from €50,000 to €20,000
- Gross operating margin -€54,056
down €54,056 (-30.9%), from €174,841 to €120,785
- Financial income +€28,250
up €28,250 (+776%), from €3,639 to €31,890
- Financial charges +€26,639
up €26,639 (+182%), from €14,676 to €41,316
- Taxes -€16,827
down €16,827 (-35.1%), from €47,894 to €31,068
- Other operating charges +€5,692
up €5,692 (+184%), from €3,098 to €8,790
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 | €943,514 | €557,561 | -€385,953 | -40.9% |
| Fixed assets | 21/28 | €7,523 | €6,965 | -€558 | -7.4% |
| Tangible fixed assets | 22/27 | €6,923 | €6,365 | -€558 | -8.1% |
| Plant, machinery and equipment | 23 | €613 | €339 | -€273 | -44.6% |
| Furniture and vehicles | 24 | €5,625 | €5,591 | -€35 | -0.6% |
| Other tangible fixed assets | 26 | €685 | €435 | -€250 | -36.5% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €935,991 | €550,596 | -€385,395 | -41.2% |
| Amounts receivable within one year | 40/41 | €887,554 | €494,189 | -€393,365 | -44.3% |
| Trade receivables | 40 | €779,510 | €424,867 | -€354,643 | -45.5% |
| Other amounts receivable | 41 | €108,044 | €69,322 | -€38,722 | -35.8% |
| Cash at bank and in hand | 54/58 | €45,269 | €52,411 | +€7,142 | +15.8% |
| Deferred charges and accrued income | 490/1 | €3,168 | €3,996 | +€828 | +26.1% |
| Total equity and liabilities | 10/49 | €943,514 | €557,561 | -€385,953 | -40.9% |
| Equity | 10/15 | €328,294 | €376,666 | +€48,372 | +14.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €279,553 | €327,925 | +€48,372 | +17.3% |
| Distributable reserves | 133 | €279,553 | €327,925 | +€48,372 | +17.3% |
| Profit (loss) carried forward | 14 | €45,740 | €45,740 | = | 0.0% |
| Amounts payable | 17/49 | €615,221 | €180,896 | -€434,325 | -70.6% |
| Amounts payable within one year | 42/48 | €615,221 | €180,896 | -€434,325 | -70.6% |
| Trade debts | 44 | €562,383 | €159,731 | -€402,652 | -71.6% |
| Suppliers | 440/4 | €562,383 | €159,731 | -€402,652 | -71.6% |
| Taxes, remuneration and social security | 45 | €2,838 | €1,164 | -€1,673 | -59.0% |
| Taxes | 450/3 | €2,838 | €1,164 | -€1,673 | -59.0% |
| Other amounts payable | 47/48 | €50,000 | €20,000 | -€30,000 | -60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,366 | €3,129 | -€237 | -7.0% |
| Other operating charges | 640/8 | €3,098 | €8,790 | +€5,692 | +184% |
| Gross operating margin | 9900 | €174,841 | €120,785 | -€54,056 | -30.9% |
| Operating profit (loss) | 9901 | €168,377 | €108,865 | -€59,512 | -35.3% |
| Financial income | 75/76B | €3,639 | €31,890 | +€28,250 | +776% |
| Recurring financial income | 75 | €3,639 | €31,890 | +€28,250 | +776% |
| Financial charges | 65/66B | €14,676 | €41,316 | +€26,639 | +182% |
| Recurring financial charges | 65 | €14,676 | €41,316 | +€26,639 | +182% |
| Profit (loss) for the period before taxes | 9903 | €157,340 | €99,439 | -€57,901 | -36.8% |
| Income taxes | 67/77 | €47,894 | €31,068 | -€16,827 | -35.1% |
| Profit (loss) for the period | 9904 | €109,446 | €68,372 | -€41,074 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €109,446 | €68,372 | -€41,074 | -37.5% |
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 21 October 2026 via checked.be.