LIEVIN LAETITIA: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
LIEVIN LAETITIA
Largest movements
- Cash -€10,160
down €10,160 (-84.3%), from €12,051 to €1,891
mainly Contributions, distributions and other (-€30,000) and Other debts (-€14,500)
- Tangible fixed assets -€6,291
down €6,291 (-30.3%), from €20,761 to €14,470
of which Plant, machinery and equipment: -€6,400
- Receivables within one year +€2,854
up €2,854 (+3.5%), from €81,535 to €84,390
- Other debts -€14,500
down €14,500 (-32.6%), from €44,500 to €30,000
- Debts after one year -€4,513
down €4,513 (-23.1%), from €19,549 to €15,036
- Reserves +€4,453
up €4,453 (+10.7%), from €41,500 to €45,953
- Tax, wage and social debts +€1,939
up €1,939 (+21.0%), from €9,215 to €11,154
- Gross operating margin -€12,850
down €12,850 (-21.8%), from €59,029 to €46,178
- Taxes -€3,001
down €3,001 (-53.4%), from €5,615 to €2,614
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 | €122,955 | €110,447 | -€12,507 | -10.2% |
| Fixed assets | 21/28 | €20,761 | €14,470 | -€6,291 | -30.3% |
| Tangible fixed assets | 22/27 | €20,761 | €14,470 | -€6,291 | -30.3% |
| Plant, machinery and equipment | 23 | €19,617 | €13,218 | -€6,400 | -32.6% |
| Furniture and vehicles | 24 | €1,144 | €1,253 | +€109 | +9.5% |
| Current assets | 29/58 | €102,193 | €95,977 | -€6,217 | -6.1% |
| Amounts receivable within one year | 40/41 | €81,535 | €84,390 | +€2,854 | +3.5% |
| Other amounts receivable | 41 | €81,535 | €84,390 | +€2,854 | +3.5% |
| Cash at bank and in hand | 54/58 | €12,051 | €1,891 | -€10,160 | -84.3% |
| Deferred charges and accrued income | 490/1 | €8,608 | €9,697 | +€1,089 | +12.7% |
| Total equity and liabilities | 10/49 | €122,955 | €110,447 | -€12,507 | -10.2% |
| Equity | 10/15 | €44,550 | €49,003 | +€4,453 | +10.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €41,500 | €45,953 | +€4,453 | +10.7% |
| Distributable reserves | 133 | €41,500 | €45,953 | +€4,453 | +10.7% |
| Profit (loss) carried forward | 14 | €50 | €50 | = | 0.0% |
| Amounts payable | 17/49 | €78,404 | €61,444 | -€16,960 | -21.6% |
| Amounts payable after more than one year | 17 | €19,549 | €15,036 | -€4,513 | -23.1% |
| Financial debts | 170/4 | €19,549 | €15,036 | -€4,513 | -23.1% |
| Amounts payable within one year | 42/48 | €58,855 | €46,408 | -€12,447 | -21.1% |
| Current portion of amounts payable after more than one year | 42 | €4,220 | €4,513 | +€293 | +7.0% |
| Trade debts | 44 | €921 | €741 | -€180 | -19.5% |
| Suppliers | 440/4 | €921 | €741 | -€180 | -19.5% |
| Taxes, remuneration and social security | 45 | €9,215 | €11,154 | +€1,939 | +21.0% |
| Taxes | 450/3 | €9,215 | €11,154 | +€1,939 | +21.0% |
| Other amounts payable | 47/48 | €44,500 | €30,000 | -€14,500 | -32.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,728 | €7,117 | +€389 | +5.8% |
| Other operating charges | 640/8 | €151 | €269 | +€118 | +78.4% |
| Gross operating margin | 9900 | €59,029 | €46,178 | -€12,850 | -21.8% |
| Operating profit (loss) | 9901 | €52,150 | €38,793 | -€13,358 | -25.6% |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €2,054 | €1,731 | -€323 | -15.7% |
| Recurring financial charges | 65 | €2,054 | €1,731 | -€323 | -15.7% |
| Profit (loss) for the period before taxes | 9903 | €50,096 | €37,067 | -€13,029 | -26.0% |
| Income taxes | 67/77 | €5,615 | €2,614 | -€3,001 | -53.4% |
| Profit (loss) for the period | 9904 | €44,482 | €34,453 | -€10,029 | -22.5% |
| Profit (loss) for the period to be appropriated | 9905 | €44,482 | €34,453 | -€10,029 | -22.5% |
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 1 November 2026 via checked.be.