LIEN OPDEBEECK: 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.
LIEN OPDEBEECK
Largest movements
- Tangible fixed assets -€7,803
down €7,803 (-11.1%), from €70,325 to €62,522
of which Land and buildings: -€6,679
- Cash -€7,085
down €7,085 (-6.2%), from €113,556 to €106,471
mainly Contributions, distributions and other (-€140,649) and Trade debts (-€6,115)
- Profit (loss) carried forward -€97,526
down €97,526 (-100.0%), from €97,526 to €0
- Other debts +€89,064
up €89,064 (+212.4%), from €41,937 to €131,001
- Trade debts -€6,115
down €6,115 (-58.4%), from €10,473 to €4,358
- Tax, wage and social debts +€5,867
up €5,867 (+40.3%), from €14,556 to €20,423
of which Taxes: +€5,867
- Debts after one year -€5,775
down €5,775 (-54.3%), from €10,633 to €4,858
- Gross operating margin +€12,443
up €12,443 (+21.8%), from €57,203 to €69,646
- Other operating charges -€2,647
down €2,647 (-63.1%), from €4,196 to €1,549
- Taxes +€2,202
up €2,202 (+24.6%), from €8,951 to €11,153
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 | €189,328 | €174,414 | -€14,914 | -7.9% |
| Fixed assets | 21/28 | €71,234 | €62,522 | -€8,712 | -12.2% |
| Intangible fixed assets | 21 | €909 | €0 | -€909 | -100.0% |
| Tangible fixed assets | 22/27 | €70,325 | €62,522 | -€7,803 | -11.1% |
| Land and buildings | 22 | €56,816 | €50,137 | -€6,679 | -11.8% |
| Plant, machinery and equipment | 23 | €6,360 | €7,023 | +€663 | +10.4% |
| Furniture and vehicles | 24 | €7,149 | €5,362 | -€1,787 | -25.0% |
| Current assets | 29/58 | €118,094 | €111,893 | -€6,201 | -5.3% |
| Stocks and contracts in progress | 3 | €2,618 | €2,355 | -€263 | -10.0% |
| Stocks | 30/36 | €2,618 | €2,355 | -€263 | -10.0% |
| Amounts receivable within one year | 40/41 | €332 | €0 | -€332 | -100.0% |
| Trade receivables | 40 | €315 | €0 | -€315 | -100.0% |
| Other amounts receivable | 41 | €17 | €0 | -€17 | -100.0% |
| Cash at bank and in hand | 54/58 | €113,556 | €106,471 | -€7,085 | -6.2% |
| Deferred charges and accrued income | 490/1 | €1,588 | €3,067 | +€1,478 | +93.1% |
| Total equity and liabilities | 10/49 | €189,328 | €174,414 | -€14,914 | -7.9% |
| Equity | 10/15 | €105,526 | €8,000 | -€97,526 | -92.4% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €97,526 | €0 | -€97,526 | -100.0% |
| Amounts payable | 17/49 | €83,802 | €166,414 | +€82,612 | +98.6% |
| Amounts payable after more than one year | 17 | €10,633 | €4,858 | -€5,775 | -54.3% |
| Financial debts | 170/4 | €10,633 | €4,858 | -€5,775 | -54.3% |
| Amounts payable within one year | 42/48 | €72,684 | €161,557 | +€88,873 | +122.3% |
| Financial debts | 43 | €5,718 | €5,775 | +€57 | +1.0% |
| Other loans | 439 | €5,718 | €5,775 | +€57 | +1.0% |
| Trade debts | 44 | €10,473 | €4,358 | -€6,115 | -58.4% |
| Suppliers | 440/4 | €10,473 | €4,358 | -€6,115 | -58.4% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €14,556 | €20,423 | +€5,867 | +40.3% |
| Taxes | 450/3 | €10,556 | €16,423 | +€5,867 | +55.6% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €41,937 | €131,001 | +€89,064 | +212.4% |
| Accrued charges and deferred income | 492/3 | €485 | €0 | -€485 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,050 | €13,442 | +€392 | +3.0% |
| Other operating charges | 640/8 | €4,196 | €1,549 | -€2,647 | -63.1% |
| Gross operating margin | 9900 | €57,203 | €69,646 | +€12,443 | +21.8% |
| Operating profit (loss) | 9901 | €39,957 | €54,656 | +€14,699 | +36.8% |
| Financial income | 75/76B | €8 | €0 | -€8 | -97.6% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -97.6% |
| Financial charges | 65/66B | €440 | €380 | -€60 | -13.6% |
| Recurring financial charges | 65 | €440 | €380 | -€60 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €39,526 | €54,276 | +€14,751 | +37.3% |
| Income taxes | 67/77 | €8,951 | €11,153 | +€2,202 | +24.6% |
| Profit (loss) for the period | 9904 | €30,574 | €43,123 | +€12,549 | +41.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,574 | €43,123 | +€12,549 | +41.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.