LIEVENS TECHNICS: what changed
What changed
LIEVENS TECHNICS
NACE 43.222, Installation of electric heating, air conditioning, cooling and ventilation
filed annual accounts (NBB)
Net result for the year
€51,864
2024 · €162,143-€110,279
Equity
€428,055
2024 · €456,746-€28,691
Cash
€383,013
2024 · €530,934-€147,920
Balance sheet total
€883,093
2024 · €757,640+€125,453
Largest movements
Assets
- Tangible fixed assets +€202,445
up €202,445 (+312%), from €64,818 to €267,263
of which Land and buildings: +€200,000
- Cash -€147,920
down €147,920 (-27.9%), from €530,934 to €383,013
mainly Investment in fixed assets (net) (-€231,778) and Trade debts (-€95,223)
- Receivables within one year +€73,534
up €73,534 (+72.4%), from €101,601 to €175,135
of which Trade receivables: +€73,237
Equity and liabilities
- Debts after one year +€194,069
up €194,069 (+740%), from €26,215 to €220,283
- Trade debts -€95,223
down €95,223 (-50.1%), from €190,061 to €94,838
- Other debts +€65,994
up €65,994 (+453%), from €14,561 to €80,555
- Reserves -€28,691
down €28,691 (-8.0%), from €360,542 to €331,852
- Tax, wage and social debts -€26,946
down €26,946 (-60.3%), from €44,696 to €17,750
of which Taxes: -€26,853
Income statement
- Gross operating margin -€115,896
down €115,896 (-16.1%), from €721,896 to €606,000
- Taxes -€50,892
down €50,892 (-71.3%), from €71,395 to €20,503
- Other operating charges +€23,762
up €23,762 (+526%), from €4,514 to €28,276
- Staff costs +€17,343
up €17,343 (+3.8%), from €450,560 to €467,904
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
€162,143
Gross operating margin
-€115,896
Staff costs
-€17,343
Depreciation
-€4,279
Other operating charges
-€23,762
Financial income
+€779
Financial charges
-€670
Taxes
+€50,892
Result 2025
€51,864
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
-€42,706
Investment
-€231,778
Financing
+€126,564
Cash 2024
€530,934
From operations (derived)
-€42,706
Net result for the year
+€51,864
Depreciation
+€29,333
Stocks and contracts
-€5,000
Receivables within one year
-€73,534
Deferred charges and accrued income
+€7,606
Trade debts
-€95,223
Tax, wage and social debts
-€26,946
Other debts
+€65,994
Accrued charges and deferred income
+€3,200
Investment (derived)
-€231,778
Investment in fixed assets (net)
-€231,778
Financing
+€126,564
Debts after one year
+€194,069
Current portion of long-term debt
+€13,050
Contributions, distributions and other
-€80,555
Cash 2025
€383,013
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €757,640 | €883,093 | +€125,453 | +16.6% |
| Fixed assets | 21/28 | €65,314 | €267,759 | +€202,445 | +310% |
| Tangible fixed assets | 22/27 | €64,818 | €267,263 | +€202,445 | +312% |
| Land and buildings | 22 | - | €200,000 | +€200,000 | |
| Plant, machinery and equipment | 23 | €2,507 | €1,997 | -€510 | -20.3% |
| Furniture and vehicles | 24 | €47,949 | €55,733 | +€7,784 | +16.2% |
| Other tangible fixed assets | 26 | €14,362 | €9,533 | -€4,829 | -33.6% |
| Financial fixed assets | 28 | €496 | €496 | = | 0.0% |
| Current assets | 29/58 | €692,327 | €615,334 | -€76,993 | -11.1% |
| Stocks and contracts in progress | 3 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Stocks | 30/36 | €35,000 | €40,000 | +€5,000 | +14.3% |
| Amounts receivable within one year | 40/41 | €101,601 | €175,135 | +€73,534 | +72.4% |
| Trade receivables | 40 | €81,486 | €154,723 | +€73,237 | +89.9% |
| Other amounts receivable | 41 | €20,115 | €20,412 | +€298 | +1.5% |
| Cash at bank and in hand | 54/58 | €530,934 | €383,013 | -€147,920 | -27.9% |
| Deferred charges and accrued income | 490/1 | €24,791 | €17,185 | -€7,606 | -30.7% |
| Total equity and liabilities | 10/49 | €757,640 | €883,093 | +€125,453 | +16.6% |
| Equity | 10/15 | €456,746 | €428,055 | -€28,691 | -6.3% |
| Contributions | 10/11 | €96,203 | €96,203 | = | 0.0% |
| Reserves | 13 | €360,542 | €331,852 | -€28,691 | -8.0% |
| Distributable reserves | 133 | €360,542 | €331,852 | -€28,691 | -8.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €300,894 | €455,038 | +€154,143 | +51.2% |
| Amounts payable after more than one year | 17 | €26,215 | €220,283 | +€194,069 | +740% |
| Financial debts | 170/4 | €26,215 | €220,283 | +€194,069 | +740% |
| Amounts payable within one year | 42/48 | €274,680 | €231,555 | -€43,125 | -15.7% |
| Current portion of amounts payable after more than one year | 42 | €25,363 | €38,413 | +€13,050 | +51.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €190,061 | €94,838 | -€95,223 | -50.1% |
| Suppliers | 440/4 | €190,061 | €94,838 | -€95,223 | -50.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €44,696 | €17,750 | -€26,946 | -60.3% |
| Taxes | 450/3 | €38,432 | €11,579 | -€26,853 | -69.9% |
| Remuneration and social security | 454/9 | €6,264 | €6,170 | -€94 | -1.5% |
| Other amounts payable | 47/48 | €14,561 | €80,555 | +€65,994 | +453% |
| Accrued charges and deferred income | 492/3 | €0 | €3,200 | +€3,200 | |
| Remuneration, social security and pensions | 62 | €450,560 | €467,904 | +€17,343 | +3.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,054 | €29,333 | +€4,279 | +17.1% |
| Other operating charges | 640/8 | €4,514 | €28,276 | +€23,762 | +526% |
| Gross operating margin | 9900 | €721,896 | €606,000 | -€115,896 | -16.1% |
| Operating profit (loss) | 9901 | €241,768 | €80,487 | -€161,281 | -66.7% |
| Financial income | 75/76B | €2,665 | €3,444 | +€779 | +29.3% |
| Recurring financial income | 75 | €2,665 | €3,444 | +€779 | +29.3% |
| Financial charges | 65/66B | €10,894 | €11,564 | +€670 | +6.1% |
| Recurring financial charges | 65 | €10,894 | €11,564 | +€670 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €233,538 | €72,367 | -€161,171 | -69.0% |
| Income taxes | 67/77 | €71,395 | €20,503 | -€50,892 | -71.3% |
| Profit (loss) for the period | 9904 | €162,143 | €51,864 | -€110,279 | -68.0% |
| Profit (loss) for the period to be appropriated | 9905 | €162,143 | €51,864 | -€110,279 | -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 5 November 2026 via checked.be.