LIEZGE: what changed
LIEZGE
Largest movements
- Receivables within one year -€13,628
down €13,628 (-95.8%), from €14,222 to €594
of which Trade receivables: -€9,460
- Stocks and contracts +€7,710
up €7,710 (+93.1%), from €8,282 to €15,992
- Cash -€1,864
down €1,864 (-26.6%), from €6,996 to €5,132
mainly Advances received (-€9,528) and Stocks and contracts (-€7,710)
- Tangible fixed assets -€770
down €770 (-50.0%), from €1,540 to €770
- Advances received -€9,528
down €9,528 (-95.0%), from €10,028 to €500
- Other debts +€5,430
up €5,430 (+13.9%), from €38,928 to €44,358
- Tax, wage and social debts -€4,179
down €4,179 (-22.9%), from €18,260 to €14,081
of which Remuneration and social security: -€4,140
- Profit (loss) carried forward -€1,967
down €1,967 (-4.9%), from -€40,494 to -€42,461
- Trade debts +€1,691
up €1,691 (+58.4%), from €2,895 to €4,585
- Staff costs +€3,611
up €3,611 (+9.7%), from €37,114 to €40,725
- Gross operating margin -€1,880
down €1,880 (-4.2%), from €44,280 to €42,400
- Other operating charges -€1,044
down €1,044 (-41.5%), from €2,517 to €1,473
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 | €35,816 | €27,264 | -€8,552 | -23.9% |
| Fixed assets | 21/28 | €6,316 | €5,546 | -€770 | -12.2% |
| Tangible fixed assets | 22/27 | €1,540 | €770 | -€770 | -50.0% |
| Plant, machinery and equipment | 23 | €1,540 | €770 | -€770 | -50.0% |
| Financial fixed assets | 28 | €4,776 | €4,776 | = | 0.0% |
| Current assets | 29/58 | €29,500 | €21,718 | -€7,782 | -26.4% |
| Stocks and contracts in progress | 3 | €8,282 | €15,992 | +€7,710 | +93.1% |
| Stocks | 30/36 | €8,282 | €15,992 | +€7,710 | +93.1% |
| Amounts receivable within one year | 40/41 | €14,222 | €594 | -€13,628 | -95.8% |
| Trade receivables | 40 | €9,460 | €0 | -€9,460 | -100% |
| Other amounts receivable | 41 | €4,762 | €594 | -€4,168 | -87.5% |
| Cash at bank and in hand | 54/58 | €6,996 | €5,132 | -€1,864 | -26.6% |
| Total equity and liabilities | 10/49 | €35,816 | €27,264 | -€8,552 | -23.9% |
| Equity | 10/15 | -€34,294 | -€36,261 | -€1,967 | -5.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,494 | -€42,461 | -€1,967 | -4.9% |
| Amounts payable | 17/49 | €70,110 | €63,524 | -€6,586 | -9.4% |
| Amounts payable within one year | 42/48 | €70,110 | €63,524 | -€6,586 | -9.4% |
| Trade debts | 44 | €2,895 | €4,585 | +€1,691 | +58.4% |
| Suppliers | 440/4 | €2,895 | €4,585 | +€1,691 | +58.4% |
| Advances received on contracts in progress | 46 | €10,028 | €500 | -€9,528 | -95.0% |
| Taxes, remuneration and social security | 45 | €18,260 | €14,081 | -€4,179 | -22.9% |
| Taxes | 450/3 | €7,731 | €7,693 | -€38 | -0.5% |
| Remuneration and social security | 454/9 | €10,529 | €6,388 | -€4,140 | -39.3% |
| Other amounts payable | 47/48 | €38,928 | €44,358 | +€5,430 | +13.9% |
| Remuneration, social security and pensions | 62 | €37,114 | €40,725 | +€3,611 | +9.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €770 | = | 0.0% |
| Other operating charges | 640/8 | €2,517 | €1,473 | -€1,044 | -41.5% |
| Gross operating margin | 9900 | €44,280 | €42,400 | -€1,880 | -4.2% |
| Operating profit (loss) | 9901 | €3,880 | -€567 | -€4,447 | |
| Financial income | 75/76B | €218 | €0 | -€218 | -100% |
| Recurring financial income | 75 | €218 | €0 | -€218 | -100% |
| Financial charges | 65/66B | €843 | €990 | +€147 | +17.5% |
| Recurring financial charges | 65 | €843 | €990 | +€147 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €3,255 | -€1,557 | -€4,812 | |
| Income taxes | 67/77 | €59 | €409 | +€350 | +590% |
| Profit (loss) for the period | 9904 | €3,196 | -€1,967 | -€5,162 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,196 | -€1,967 | -€5,162 |
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 6 November 2026 via checked.be.