LIEVE BUSSELS: 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.
LIEVE BUSSELS
Largest movements
- Receivables within one year +€15,789
up €15,789 (+365%), from €4,323 to €20,112
of which Trade receivables: +€18,655
- Tangible fixed assets -€14,416
down €14,416 (-34.7%), from €41,596 to €27,179
of which Furniture and vehicles: -€13,405
- Receivables after one year +€1,212
up €1,212 (+3.4%), from €35,650 to €36,862
- Accrued charges and deferred income +€16,528
up €16,528 (+793%), from €2,085 to €18,614
- Debts after one year -€14,205
down €14,205 (-45.0%), from €31,554 to €17,349
- Tax, wage and social debts +€2,581
up €2,581 (+4,917%), from €53 to €2,634
- Profit (loss) carried forward -€2,323
down €2,323 (-62.5%), from -€3,719 to -€6,041
- Gross operating margin +€4,769
up €4,769 (+64.4%), from €7,401 to €12,170
- Financial charges -€3,899
down €3,899 (-95.4%), from €4,089 to €190
- Depreciation -€2,599
down €2,599 (-15.3%), from €17,016 to €14,416
- Financial income -€603
down €603 (-29.4%), from €2,056 to €1,452
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 | €109,369 | €112,068 | +€2,699 | +2.5% |
| Fixed assets | 21/28 | €51,596 | €37,179 | -€14,416 | -27.9% |
| Tangible fixed assets | 22/27 | €41,596 | €27,179 | -€14,416 | -34.7% |
| Land and buildings | 22 | €1,522 | €1,015 | -€507 | -33.3% |
| Plant, machinery and equipment | 23 | €732 | €228 | -€504 | -68.9% |
| Furniture and vehicles | 24 | €39,342 | €25,937 | -€13,405 | -34.1% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €57,773 | €74,889 | +€17,116 | +29.6% |
| Amounts receivable after more than one year | 29 | €35,650 | €36,862 | +€1,212 | +3.4% |
| Other amounts receivable | 291 | €35,650 | €36,862 | +€1,212 | +3.4% |
| Amounts receivable within one year | 40/41 | €4,323 | €20,112 | +€15,789 | +365% |
| Trade receivables | 40 | €1,345 | €19,999 | +€18,655 | +1,387% |
| Other amounts receivable | 41 | €2,978 | €113 | -€2,865 | -96.2% |
| Cash at bank and in hand | 54/58 | €17,199 | €17,525 | +€325 | +1.9% |
| Deferred charges and accrued income | 490/1 | €601 | €390 | -€211 | -35.1% |
| Total equity and liabilities | 10/49 | €109,369 | €112,068 | +€2,699 | +2.5% |
| Equity | 10/15 | €75,677 | €73,354 | -€2,323 | -3.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €73,196 | €73,196 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €71,341 | €71,341 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,719 | -€6,041 | -€2,323 | -62.5% |
| Amounts payable | 17/49 | €33,692 | €38,714 | +€5,022 | +14.9% |
| Amounts payable after more than one year | 17 | €31,554 | €17,349 | -€14,205 | -45.0% |
| Financial debts | 170/4 | €31,554 | €17,349 | -€14,205 | -45.0% |
| Amounts payable within one year | 42/48 | €53 | €2,751 | +€2,698 | +5,139% |
| Trade debts | 44 | - | €117 | +€117 | |
| Suppliers | 440/4 | - | €117 | +€117 | |
| Taxes, remuneration and social security | 45 | €53 | €2,634 | +€2,581 | +4,917% |
| Taxes | 450/3 | €53 | €2,634 | +€2,581 | +4,917% |
| Accrued charges and deferred income | 492/3 | €2,085 | €18,614 | +€16,528 | +793% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,016 | €14,416 | -€2,599 | -15.3% |
| Other operating charges | 640/8 | €1,449 | €1,338 | -€111 | -7.6% |
| Gross operating margin | 9900 | €7,401 | €12,170 | +€4,769 | +64.4% |
| Operating profit (loss) | 9901 | -€11,064 | -€3,585 | +€7,479 | +67.6% |
| Financial income | 75/76B | €2,056 | €1,452 | -€603 | -29.4% |
| Recurring financial income | 75 | €2,056 | €1,452 | -€603 | -29.4% |
| Financial charges | 65/66B | €4,089 | €190 | -€3,899 | -95.4% |
| Recurring financial charges | 65 | €4,089 | €190 | -€3,899 | -95.4% |
| Profit (loss) for the period before taxes | 9903 | -€13,097 | -€2,323 | +€10,775 | +82.3% |
| Profit (loss) for the period | 9904 | -€13,097 | -€2,323 | +€10,775 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,097 | -€2,323 | +€10,775 | +82.3% |
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.