LIESROOD: what changed
What changed
LIESROOD
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€8,644
2024 · €3,814+€4,830
Equity
€372,784
2024 · €364,140+€8,644
Cash
€533
2024 · €386+€146
Balance sheet total
€1.8m
2024 · €1.9m-€60,643
Largest movements
Assets
- Tangible fixed assets -€53,963
down €53,963 (-3.0%), from €1.8m to €1.8m
of which Land and buildings: -€50,585
Equity and liabilities
- Current portion of long-term debt -€38,272
down €38,272 (-31.6%), from €121,087 to €82,815
- Debts after one year -€37,815
down €37,815 (-2.8%), from €1.3m to €1.3m
Income statement
- Gross operating margin +€8,856
up €8,856 (+8.0%), from €110,193 to €119,049
- Financial charges -€2,397
down €2,397 (-6.6%), from €36,428 to €34,031
- Other operating charges +€1,658
up €1,658 (+44.4%), from €3,737 to €5,395
- Taxes +€1,455
up €1,455 (+40.7%), from €3,575 to €5,030
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€3,814
Gross operating margin
+€8,856
Depreciation
-€362
Other operating charges
-€1,658
Other operating items
-€2,109
Financial income
-€840
Financial charges
+€2,397
Taxes
-€1,455
Result 2025
€8,644
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€84,460
Investment
-€10,394
Financing
-€73,919
Cash 2024
€386
From operations (derived)
+€84,460
Net result for the year
+€8,644
Depreciation
+€64,357
Receivables after one year
+€6,607
Receivables within one year
-€131
Deferred charges and accrued income
+€350
Trade debts
+€10,084
Tax, wage and social debts
+€1,674
Other debts
-€2,188
Accrued charges and deferred income
-€4,938
Investment (derived)
-€10,394
Investment in fixed assets (net)
-€10,394
Financing
-€73,919
Debts after one year
-€37,815
Current portion of long-term debt
-€38,272
Short-term financial debts
+€2,168
Cash 2025
€533
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,868,247 | €1,807,604 | -€60,643 | -3.2% |
| Fixed assets | 21/28 | €1,806,284 | €1,752,321 | -€53,963 | -3.0% |
| Tangible fixed assets | 22/27 | €1,805,684 | €1,751,721 | -€53,963 | -3.0% |
| Land and buildings | 22 | €1,790,555 | €1,739,971 | -€50,585 | -2.8% |
| Plant, machinery and equipment | 23 | €699 | €174 | -€525 | -75.1% |
| Furniture and vehicles | 24 | €14,430 | €11,577 | -€2,853 | -19.8% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €61,963 | €55,283 | -€6,680 | -10.8% |
| Amounts receivable after more than one year | 29 | €34,483 | €27,875 | -€6,607 | -19.2% |
| Other amounts receivable | 291 | €34,483 | €27,875 | -€6,607 | -19.2% |
| Amounts receivable within one year | 40/41 | €24,360 | €24,490 | +€131 | +0.5% |
| Trade receivables | 40 | €19,170 | €19,254 | +€84 | +0.4% |
| Other amounts receivable | 41 | €5,190 | €5,237 | +€47 | +0.9% |
| Cash at bank and in hand | 54/58 | €386 | €533 | +€146 | +37.9% |
| Deferred charges and accrued income | 490/1 | €2,735 | €2,385 | -€350 | -12.8% |
| Total equity and liabilities | 10/49 | €1,868,247 | €1,807,604 | -€60,643 | -3.2% |
| Equity | 10/15 | €364,140 | €372,784 | +€8,644 | +2.4% |
| Contributions | 10/11 | €28,660 | €28,660 | = | 0.0% |
| Reserves | 13 | €335,480 | €344,124 | +€8,644 | +2.6% |
| Distributable reserves | 133 | €335,480 | €344,124 | +€8,644 | +2.6% |
| Amounts payable | 17/49 | €1,504,107 | €1,434,820 | -€69,287 | -4.6% |
| Amounts payable after more than one year | 17 | €1,346,091 | €1,308,276 | -€37,815 | -2.8% |
| Financial debts | 170/4 | €1,346,091 | €1,308,276 | -€37,815 | -2.8% |
| Amounts payable within one year | 42/48 | €153,078 | €126,544 | -€26,534 | -17.3% |
| Current portion of amounts payable after more than one year | 42 | €121,087 | €82,815 | -€38,272 | -31.6% |
| Financial debts | 43 | €2,776 | €4,944 | +€2,168 | +78.1% |
| Credit institutions | 430/8 | €2,776 | €4,944 | +€2,168 | +78.1% |
| Trade debts | 44 | €1,164 | €11,248 | +€10,084 | +867% |
| Suppliers | 440/4 | €1,164 | €11,248 | +€10,084 | +867% |
| Taxes, remuneration and social security | 45 | €19,320 | €20,994 | +€1,674 | +8.7% |
| Taxes | 450/3 | €19,320 | €20,994 | +€1,674 | +8.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,731 | €6,543 | -€2,188 | -25.1% |
| Accrued charges and deferred income | 492/3 | €4,938 | €0 | -€4,938 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,994 | €64,357 | +€362 | +0.6% |
| Other operating charges | 640/8 | €3,737 | €5,395 | +€1,658 | +44.4% |
| Non-recurring operating charges | 66A | - | €2,109 | +€2,109 | |
| Gross operating margin | 9900 | €110,193 | €119,049 | +€8,856 | +8.0% |
| Operating profit (loss) | 9901 | €42,462 | €47,189 | +€4,727 | +11.1% |
| Financial income | 75/76B | €1,355 | €515 | -€840 | -62.0% |
| Recurring financial income | 75 | €1,355 | €515 | -€840 | -62.0% |
| Financial charges | 65/66B | €36,428 | €34,031 | -€2,397 | -6.6% |
| Recurring financial charges | 65 | €36,428 | €34,031 | -€2,397 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €7,389 | €13,674 | +€6,284 | +85.0% |
| Income taxes | 67/77 | €3,575 | €5,030 | +€1,455 | +40.7% |
| Profit (loss) for the period | 9904 | €3,814 | €8,644 | +€4,830 | +127% |
| Profit (loss) for the period to be appropriated | 9905 | €3,814 | €8,644 | +€4,830 | +127% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.