LIEVENS A.I.: what changed
LIEVENS A.I.
Largest movements
- Cash +€20,366
up €20,366 (+29.0%), from €70,272 to €90,638
mainly Receivables within one year (+€16,305) and Depreciation (+€9,999)
- Receivables within one year -€16,305
down €16,305 (-39.8%), from €40,996 to €24,691
of which Trade receivables: -€16,357
- Tangible fixed assets -€9,999
down €9,999 (-77.2%), from €12,948 to €2,949
of which Furniture and vehicles: -€9,148
- Other debts -€19,282
down €19,282 (-93.5%), from €20,614 to €1,332
- Profit (loss) carried forward +€7,146
up €7,146 (+1,681%), from €425 to €7,571
- Tax, wage and social debts +€4,199
up €4,199 (+32.0%), from €13,126 to €17,326
- Trade debts +€2,153
up €2,153 (+247%), from €871 to €3,024
- Gross operating margin -€28,788
down €28,788 (-56.8%), from €50,665 to €21,877
- Taxes -€8,934
down €8,934 (-68.0%), from €13,134 to €4,199
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €125,497 | €119,713 | -€5,783 | -4.6% |
| Fixed assets | 21/28 | €12,948 | €2,949 | -€9,999 | -77.2% |
| Tangible fixed assets | 22/27 | €12,948 | €2,949 | -€9,999 | -77.2% |
| Plant, machinery and equipment | 23 | €1,035 | €184 | -€851 | -82.2% |
| Furniture and vehicles | 24 | €11,913 | €2,764 | -€9,148 | -76.8% |
| Current assets | 29/58 | €112,549 | €116,764 | +€4,216 | +3.7% |
| Amounts receivable within one year | 40/41 | €40,996 | €24,691 | -€16,305 | -39.8% |
| Trade receivables | 40 | €40,852 | €24,495 | -€16,357 | -40.0% |
| Other amounts receivable | 41 | €144 | €196 | +€52 | +35.8% |
| Cash at bank and in hand | 54/58 | €70,272 | €90,638 | +€20,366 | +29.0% |
| Deferred charges and accrued income | 490/1 | €1,281 | €1,435 | +€154 | +12.1% |
| Total equity and liabilities | 10/49 | €125,497 | €119,713 | -€5,783 | -4.6% |
| Equity | 10/15 | €90,885 | €98,031 | +€7,146 | +7.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €71,860 | €71,860 | = | 0.0% |
| Distributable reserves | 133 | €71,860 | €71,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €425 | €7,571 | +€7,146 | +1,681% |
| Amounts payable | 17/49 | €34,612 | €21,682 | -€12,930 | -37.4% |
| Amounts payable within one year | 42/48 | €34,612 | €21,682 | -€12,930 | -37.4% |
| Trade debts | 44 | €871 | €3,024 | +€2,153 | +247% |
| Suppliers | 440/4 | €871 | €3,024 | +€2,153 | +247% |
| Taxes, remuneration and social security | 45 | €13,126 | €17,326 | +€4,199 | +32.0% |
| Taxes | 450/3 | €13,126 | €17,326 | +€4,199 | +32.0% |
| Other amounts payable | 47/48 | €20,614 | €1,332 | -€19,282 | -93.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,997 | €9,999 | +€2 | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €50,665 | €21,877 | -€28,788 | -56.8% |
| Operating profit (loss) | 9901 | €40,281 | €11,478 | -€28,802 | -71.5% |
| Financial charges | 65/66B | €273 | €133 | -€141 | -51.4% |
| Recurring financial charges | 65 | €273 | €133 | -€141 | -51.4% |
| Profit (loss) for the period before taxes | 9903 | €40,007 | €11,346 | -€28,662 | -71.6% |
| Income taxes | 67/77 | €13,134 | €4,199 | -€8,934 | -68.0% |
| Profit (loss) for the period | 9904 | €26,874 | €7,146 | -€19,728 | -73.4% |
| Profit (loss) for the period to be appropriated | 9905 | €26,874 | €7,146 | -€19,728 | -73.4% |
Next steps
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 3 November 2026 via checked.be.