LIEVIN: 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.
LIEVIN
Largest movements
- Receivables within one year -€13,076
down €13,076 (-34.7%), from €37,709 to €24,633
of which Other amounts receivable: -€27,702
- Cash -€5,406
down €5,406 (-100.0%), from €5,406 to €0
mainly Net result for the year (-€36,184) and Tax, wage and social debts (-€6,058)
- Profit (loss) carried forward -€36,184
down €36,184, from €18,447 to -€17,737
- Trade debts +€16,960
up €16,960 (+147%), from €11,540 to €28,499
- Other debts +€6,835
new in 2025: €6,835
- Tax, wage and social debts -€6,058
no longer reported in 2025 (was €6,058)
- Gross operating margin -€22,983
down €22,983 (-228%), from -€10,095 to -€33,078
- Other operating charges +€1,767
up €1,767 (+331%), from €533 to €2,300
- Financial income -€1,065
down €1,065 (-56.0%), from €1,902 to €837
of which Financial income: -€1,285
- Staff costs +€731
up €731 (+473%), from €155 to €886
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 | €43,544 | €25,098 | -€18,446 | -42.4% |
| Current assets | 29/58 | €43,544 | €25,098 | -€18,446 | -42.4% |
| Amounts receivable within one year | 40/41 | €37,709 | €24,633 | -€13,076 | -34.7% |
| Trade receivables | 40 | €8,487 | €23,113 | +€14,626 | +172% |
| Other amounts receivable | 41 | €29,222 | €1,520 | -€27,702 | -94.8% |
| Cash at bank and in hand | 54/58 | €5,406 | €0 | -€5,406 | -100.0% |
| Deferred charges and accrued income | 490/1 | €429 | €465 | +€36 | +8.3% |
| Total equity and liabilities | 10/49 | €43,544 | €25,098 | -€18,446 | -42.4% |
| Equity | 10/15 | €25,947 | -€10,237 | -€36,184 | |
| Contributions | 10/11 | €7,500 | €7,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,447 | -€17,737 | -€36,184 | |
| Amounts payable | 17/49 | €17,597 | €35,335 | +€17,738 | +101% |
| Amounts payable within one year | 42/48 | €17,597 | €35,335 | +€17,738 | +101% |
| Financial debts | 43 | - | €1 | +€1 | |
| Credit institutions | 430/8 | - | €1 | +€1 | |
| Trade debts | 44 | €11,540 | €28,499 | +€16,960 | +147% |
| Suppliers | 440/4 | €11,540 | €28,499 | +€16,960 | +147% |
| Taxes, remuneration and social security | 45 | €6,058 | - | -€6,058 | |
| Taxes | 450/3 | €6,058 | - | -€6,058 | |
| Other amounts payable | 47/48 | - | €6,835 | +€6,835 | |
| Remuneration, social security and pensions | 62 | €155 | €886 | +€731 | +473% |
| Other operating charges | 640/8 | €533 | €2,300 | +€1,767 | +331% |
| Gross operating margin | 9900 | -€10,095 | -€33,078 | -€22,983 | -228% |
| Operating profit (loss) | 9901 | -€10,783 | -€36,265 | -€25,482 | -236% |
| Financial income | 75/76B | €1,902 | €837 | -€1,065 | -56.0% |
| Recurring financial income | 75 | €1,902 | €617 | -€1,285 | -67.6% |
| Non-recurring financial income | 76B | €0 | €220 | +€220 | +1,099,900% |
| Financial charges | 65/66B | €940 | €756 | -€184 | -19.6% |
| Recurring financial charges | 65 | €739 | €577 | -€162 | -21.9% |
| Non-recurring financial charges | 66B | €201 | €179 | -€22 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,821 | -€36,184 | -€26,363 | -268% |
| Profit (loss) for the period | 9904 | -€9,821 | -€36,184 | -€26,363 | -268% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,821 | -€36,184 | -€26,363 | -268% |
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 19 October 2026 via checked.be.