LIEVEN TACK: 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.
LIEVEN TACK
Largest movements
- Receivables within one year +€22,501
up €22,501 (+26.5%), from €84,887 to €107,387
of which Other amounts receivable: +€32,646
- Tangible fixed assets -€8,006
down €8,006 (-1.8%), from €436,019 to €428,013
of which Land and buildings: -€26,671
- Tax, wage and social debts +€14,650
up €14,650 (+130%), from €11,251 to €25,901
- Short-term financial debts -€13,257
down €13,257 (-65.7%), from €20,175 to €6,917
- Debts after one year +€8,750
up €8,750 (+36.4%), from €24,063 to €32,813
- Taxes +€17,650
up €17,650 (+93.4%), from €18,898 to €36,549
- Financial charges -€10,845
down €10,845 (-75.7%), from €14,334 to €3,490
- Other operating charges -€2,918
down €2,918 (-34.9%), from €8,369 to €5,451
- Depreciation -€2,536
down €2,536 (-6.6%), from €38,432 to €35,896
- Write-downs +€1,452
new in 2023: €1,452
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €525,789 | €540,432 | +€14,642 | +2.8% |
| Fixed assets | 21/28 | €436,019 | €428,013 | -€8,006 | -1.8% |
| Tangible fixed assets | 22/27 | €436,019 | €428,013 | -€8,006 | -1.8% |
| Land and buildings | 22 | €404,733 | €378,062 | -€26,671 | -6.6% |
| Plant, machinery and equipment | 23 | €4,464 | €2,409 | -€2,055 | -46.0% |
| Furniture and vehicles | 24 | €26,821 | €47,541 | +€20,720 | +77.3% |
| Current assets | 29/58 | €89,771 | €112,419 | +€22,648 | +25.2% |
| Amounts receivable within one year | 40/41 | €84,887 | €107,387 | +€22,501 | +26.5% |
| Trade receivables | 40 | €26,529 | €16,383 | -€10,146 | -38.2% |
| Other amounts receivable | 41 | €58,357 | €91,004 | +€32,646 | +55.9% |
| Cash at bank and in hand | 54/58 | €554 | €262 | -€292 | -52.8% |
| Deferred charges and accrued income | 490/1 | €4,330 | €4,770 | +€440 | +10.2% |
| Total equity and liabilities | 10/49 | €525,789 | €540,432 | +€14,642 | +2.8% |
| Equity | 10/15 | €455,717 | €452,555 | -€3,162 | -0.7% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | - | -€18,592 | |
| Issued capital | 100 | €18,592 | - | -€18,592 | |
| Contributions outside capital | 11 | - | €18,592 | +€18,592 | |
| Share premium | 1100/10 | - | €18,592 | +€18,592 | |
| Revaluation surpluses | 12 | €184,325 | €184,325 | = | 0.0% |
| Reserves | 13 | €252,801 | €249,639 | -€3,162 | -1.3% |
| Non-distributable reserves | 130/1 | €1,859 | - | -€1,859 | |
| Legal reserve | 130 | €1,859 | - | -€1,859 | |
| Tax-exempt reserves | 132 | €68,753 | €64,544 | -€4,209 | -6.1% |
| Distributable reserves | 133 | €182,188 | €185,095 | +€2,907 | +1.6% |
| Amounts payable | 17/49 | €70,072 | €87,876 | +€17,804 | +25.4% |
| Amounts payable after more than one year | 17 | €24,063 | €32,813 | +€8,750 | +36.4% |
| Financial debts | 170/4 | €24,063 | €32,813 | +€8,750 | +36.4% |
| Amounts payable within one year | 42/48 | €46,009 | €55,064 | +€9,054 | +19.7% |
| Current portion of amounts payable after more than one year | 42 | €11,250 | €16,250 | +€5,000 | +44.4% |
| Financial debts | 43 | €20,175 | €6,917 | -€13,257 | -65.7% |
| Credit institutions | 430/8 | €20,175 | €6,917 | -€13,257 | -65.7% |
| Trade debts | 44 | €3,334 | €5,995 | +€2,661 | +79.8% |
| Suppliers | 440/4 | €3,334 | €5,995 | +€2,661 | +79.8% |
| Taxes, remuneration and social security | 45 | €11,251 | €25,901 | +€14,650 | +130% |
| Taxes | 450/3 | €11,251 | €25,901 | +€14,650 | +130% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,432 | €35,896 | -€2,536 | -6.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,452 | +€1,452 | |
| Other operating charges | 640/8 | €8,369 | €5,451 | -€2,918 | -34.9% |
| Gross operating margin | 9900 | €81,044 | €79,666 | -€1,378 | -1.7% |
| Operating profit (loss) | 9901 | €34,243 | €36,867 | +€2,624 | +7.7% |
| Financial income | 75/76B | €1 | €9 | +€8 | +714% |
| Recurring financial income | 75 | €1 | €9 | +€8 | +714% |
| Financial charges | 65/66B | €14,334 | €3,490 | -€10,845 | -75.7% |
| Recurring financial charges | 65 | €14,334 | €3,490 | -€10,845 | -75.7% |
| Profit (loss) for the period before taxes | 9903 | €19,910 | €33,387 | +€13,477 | +67.7% |
| Income taxes | 67/77 | €18,898 | €36,549 | +€17,650 | +93.4% |
| Profit (loss) for the period | 9904 | €1,011 | -€3,162 | -€4,173 | |
| Transfer from tax-exempt reserves | 789 | €4,209 | €4,209 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €5,221 | €1,047 | -€4,173 | -79.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.