LIEVEN COUSSEMENT: what changed
What changed
LIEVEN COUSSEMENT
NACE 43.320, Joinery installation
filed annual accounts (NBB)
Net result for the year
€18,902
2024 · €11,253+€7,649
Equity
-€46,642
2024 · -€65,544+€18,902
Cash
€928
2024 · €1,062-€134
Balance sheet total
€22,190
2024 · €8,469+€13,721
Largest movements
Assets
- Tangible fixed assets +€15,061
up €15,061 (+876%), from €1,719 to €16,780
of which Furniture and vehicles: +€15,617
- Receivables within one year -€1,571
down €1,571 (-28.2%), from €5,563 to €3,992
of which Trade receivables: -€1,788
- Deferred charges and accrued income +€365
new in 2025: €365
Equity and liabilities
- Profit (loss) carried forward +€18,902
up €18,902 (+26.3%), from -€71,744 to -€52,842
- Other debts -€15,544
down €15,544 (-21.3%), from €73,055 to €57,511
- Debts after one year +€6,560
new in 2025: €6,560
- Current portion of long-term debt +€3,182
new in 2025: €3,182
- Trade debts +€621
up €621 (+64.8%), from €958 to €1,580
Income statement
- Gross operating margin +€8,548
up €8,548 (+66.4%), from €12,866 to €21,413
- Depreciation +€991
up €991 (+169%), from €587 to €1,578
- Other operating charges -€248
down €248 (-25.4%), from €974 to €726
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
€11,253
Gross operating margin
+€8,548
Depreciation
-€991
Other operating charges
+€248
Financial income
-€13
Financial charges
-€142
Result 2025
€18,902
raises the resultlowers the result
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
+€6,763
Investment
-€16,639
Financing
+€9,742
Cash 2024
€1,062
From operations (derived)
+€6,763
Net result for the year
+€18,902
Depreciation
+€1,578
Receivables within one year
+€1,571
Deferred charges and accrued income
-€365
Trade debts
+€621
Other debts
-€15,544
Investment (derived)
-€16,639
Investment in fixed assets (net)
-€16,639
Financing
+€9,742
Debts after one year
+€6,560
Current portion of long-term debt
+€3,182
Cash 2025
€928
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,469 | €22,190 | +€13,721 | +162% |
| Fixed assets | 21/28 | €1,719 | €16,780 | +€15,061 | +876% |
| Tangible fixed assets | 22/27 | €1,719 | €16,780 | +€15,061 | +876% |
| Plant, machinery and equipment | 23 | €1,173 | €617 | -€556 | -47.4% |
| Furniture and vehicles | 24 | €546 | €16,163 | +€15,617 | +2,860% |
| Current assets | 29/58 | €6,750 | €5,410 | -€1,340 | -19.8% |
| Stocks and contracts in progress | 3 | €125 | €125 | = | 0.0% |
| Stocks | 30/36 | €125 | €125 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,563 | €3,992 | -€1,571 | -28.2% |
| Trade receivables | 40 | €2,909 | €1,121 | -€1,788 | -61.5% |
| Other amounts receivable | 41 | €2,654 | €2,871 | +€218 | +8.2% |
| Cash at bank and in hand | 54/58 | €1,062 | €928 | -€134 | -12.6% |
| Deferred charges and accrued income | 490/1 | - | €365 | +€365 | |
| Total equity and liabilities | 10/49 | €8,469 | €22,190 | +€13,721 | +162% |
| Equity | 10/15 | -€65,544 | -€46,642 | +€18,902 | +28.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€71,744 | -€52,842 | +€18,902 | +26.3% |
| Amounts payable | 17/49 | €74,013 | €68,832 | -€5,181 | -7.0% |
| Amounts payable after more than one year | 17 | - | €6,560 | +€6,560 | |
| Financial debts | 170/4 | - | €6,560 | +€6,560 | |
| Amounts payable within one year | 42/48 | €74,013 | €62,272 | -€11,741 | -15.9% |
| Current portion of amounts payable after more than one year | 42 | - | €3,182 | +€3,182 | |
| Trade debts | 44 | €958 | €1,580 | +€621 | +64.8% |
| Suppliers | 440/4 | €958 | €1,580 | +€621 | +64.8% |
| Other amounts payable | 47/48 | €73,055 | €57,511 | -€15,544 | -21.3% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €587 | €1,578 | +€991 | +169% |
| Other operating charges | 640/8 | €974 | €726 | -€248 | -25.4% |
| Gross operating margin | 9900 | €12,866 | €21,413 | +€8,548 | +66.4% |
| Operating profit (loss) | 9901 | €11,305 | €19,109 | +€7,804 | +69.0% |
| Financial income | 75/76B | €17 | €5 | -€13 | -74.0% |
| Recurring financial income | 75 | €17 | €5 | -€13 | -74.0% |
| Financial charges | 65/66B | €70 | €212 | +€142 | +203% |
| Recurring financial charges | 65 | €70 | €212 | +€142 | +203% |
| Profit (loss) for the period before taxes | 9903 | €11,253 | €18,902 | +€7,649 | +68.0% |
| Profit (loss) for the period | 9904 | €11,253 | €18,902 | +€7,649 | +68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €11,253 | €18,902 | +€7,649 | +68.0% |
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 4 November 2026 via checked.be.