LIESSART CONSULT: 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.
LIESSART CONSULT
Largest movements
- Cash +€97,017
up €97,017 (+38.4%), from €252,889 to €349,906
mainly Net result for the year (+€150,095) and Other debts (+€105,715)
- Receivables within one year +€13,824
up €13,824 (+10.1%), from €136,699 to €150,523
of which Trade receivables: +€13,551
- Tangible fixed assets -€9,465
down €9,465 (-15.0%), from €63,185 to €53,721
of which Other tangible fixed assets: -€8,431
- Other debts +€105,715
up €105,715 (+66.6%), from €158,619 to €264,334
- Financial charges +€2,843
up €2,843 (+278%), from €1,023 to €3,866
- Gross operating margin +€2,202
up €2,202 (+1.1%), from €206,016 to €208,218
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 | €452,773 | €554,150 | +€101,376 | +22.4% |
| Fixed assets | 21/28 | €63,185 | €53,721 | -€9,465 | -15.0% |
| Tangible fixed assets | 22/27 | €63,185 | €53,721 | -€9,465 | -15.0% |
| Furniture and vehicles | 24 | €2,063 | €1,030 | -€1,033 | -50.1% |
| Other tangible fixed assets | 26 | €61,122 | €52,690 | -€8,431 | -13.8% |
| Current assets | 29/58 | €389,588 | €500,429 | +€110,841 | +28.5% |
| Amounts receivable within one year | 40/41 | €136,699 | €150,523 | +€13,824 | +10.1% |
| Trade receivables | 40 | €136,699 | €150,250 | +€13,551 | +9.9% |
| Other amounts receivable | 41 | €0 | €273 | +€273 | |
| Cash at bank and in hand | 54/58 | €252,889 | €349,906 | +€97,017 | +38.4% |
| Total equity and liabilities | 10/49 | €452,773 | €554,150 | +€101,376 | +22.4% |
| Equity | 10/15 | €277,185 | €277,185 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €276,185 | €276,185 | = | 0.0% |
| Distributable reserves | 133 | €276,185 | €276,185 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €175,588 | €276,964 | +€101,376 | +57.7% |
| Amounts payable within one year | 42/48 | €175,588 | €276,964 | +€101,376 | +57.7% |
| Trade debts | 44 | €1,551 | €1,455 | -€96 | -6.2% |
| Suppliers | 440/4 | €1,551 | €1,455 | -€96 | -6.2% |
| Taxes, remuneration and social security | 45 | €15,418 | €11,176 | -€4,242 | -27.5% |
| Taxes | 450/3 | €15,418 | €11,176 | -€4,242 | -27.5% |
| Other amounts payable | 47/48 | €158,619 | €264,334 | +€105,715 | +66.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,465 | €9,465 | = | 0.0% |
| Other operating charges | 640/8 | €73 | €66 | -€7 | -9.9% |
| Gross operating margin | 9900 | €206,016 | €208,218 | +€2,202 | +1.1% |
| Operating profit (loss) | 9901 | €196,479 | €198,688 | +€2,210 | +1.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,023 | €3,866 | +€2,843 | +278% |
| Recurring financial charges | 65 | €1,023 | €3,866 | +€2,843 | +278% |
| Profit (loss) for the period before taxes | 9903 | €195,455 | €194,822 | -€633 | -0.3% |
| Income taxes | 67/77 | €45,043 | €44,727 | -€317 | -0.7% |
| Profit (loss) for the period | 9904 | €150,412 | €150,095 | -€316 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €150,412 | €150,095 | -€316 | -0.2% |
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 25 October 2026 via checked.be.