LIEVAN: 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.
LIEVAN
Largest movements
- Receivables within one year -€6,052
down €6,052 (-96.2%), from €6,293 to €241
of which Trade receivables: -€6,293
- Cash -€1,532
down €1,532 (-59.8%), from €2,561 to €1,029
mainly Other debts (-€5,846) and Trade debts (-€1,050)
- Other debts -€5,846
down €5,846 (-6.6%), from €88,754 to €82,908
- Trade debts -€1,050
no longer reported in 2025 (was €1,050)
- Profit (loss) carried forward -€688
down €688 (-0.6%), from -€122,730 to -€123,418
- Gross operating margin +€3,036
up €3,036 (+82.5%), from -€3,678 to -€642
- Other operating charges -€2,240
no longer reported in 2025 (was €2,240)
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 | €8,854 | €1,270 | -€7,584 | -85.7% |
| Current assets | 29/58 | €8,854 | €1,270 | -€7,584 | -85.7% |
| Amounts receivable within one year | 40/41 | €6,293 | €241 | -€6,052 | -96.2% |
| Trade receivables | 40 | €6,293 | - | -€6,293 | |
| Other amounts receivable | 41 | - | €241 | +€241 | |
| Cash at bank and in hand | 54/58 | €2,561 | €1,029 | -€1,532 | -59.8% |
| Total equity and liabilities | 10/49 | €8,854 | €1,270 | -€7,584 | -85.7% |
| Equity | 10/15 | -€105,950 | -€106,638 | -€688 | -0.6% |
| Contributions | 10/11 | €14,920 | €14,920 | = | 0.0% |
| Contributions outside capital | 11 | €14,920 | - | -€14,920 | |
| Other | 1109/19 | €14,920 | - | -€14,920 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€122,730 | -€123,418 | -€688 | -0.6% |
| Amounts payable | 17/49 | €114,804 | €107,908 | -€6,896 | -6.0% |
| Amounts payable after more than one year | 17 | €25,000 | €25,000 | = | 0.0% |
| Financial debts | 170/4 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €89,804 | €82,908 | -€6,896 | -7.7% |
| Trade debts | 44 | €1,050 | - | -€1,050 | |
| Suppliers | 440/4 | €1,050 | - | -€1,050 | |
| Other amounts payable | 47/48 | €88,754 | €82,908 | -€5,846 | -6.6% |
| Other operating charges | 640/8 | €2,240 | - | -€2,240 | |
| Gross operating margin | 9900 | -€3,678 | -€642 | +€3,036 | +82.5% |
| Operating profit (loss) | 9901 | -€5,919 | -€642 | +€5,277 | +89.2% |
| Financial charges | 65/66B | €45 | €46 | +€1 | +2.2% |
| Recurring financial charges | 65 | €45 | €46 | +€1 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,964 | -€688 | +€5,276 | +88.5% |
| Profit (loss) for the period | 9904 | -€5,964 | -€688 | +€5,276 | +88.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,964 | -€688 | +€5,276 | +88.5% |
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 17 October 2026 via checked.be.