LIODEMO: what changed
Two fiscal 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.
LIODEMO
Largest movements
- Receivables after one year -€305,000
down €305,000 (-100.0%), from €305,000 to €0
of which Trade receivables: -€305,000
- Cash -€64,892
down €64,892 (-98.0%), from €66,247 to €1,355
mainly Contributions, distributions and other (-€391,000) and Other debts (-€85,920)
- Receivables within one year +€59,585
up €59,585 (+47.7%), from €124,908 to €184,493
of which Trade receivables: +€101,868
- Deferred charges and accrued income -€11,050
down €11,050 (-100.0%), from €11,050 to €0
- Reserves -€278,613
down €278,613 (-66.6%), from €418,613 to €140,000
- Other debts -€85,920
down €85,920 (-100.0%), from €85,920 to €0
- Tax, wage and social debts +€42,665
up €42,665, from €0 to €42,665
- Gross operating margin +€112,951
up €112,951 (+292.4%), from €38,627 to €151,579
- Taxes +€26,461
up €26,461 (+337.6%), from €7,837 to €34,298
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.
Cash bridge derived
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 | €507,205 | €185,848 | -€321,357 | -63.4% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €507,205 | €185,848 | -€321,357 | -63.4% |
| Amounts receivable after more than one year | 29 | €305,000 | €0 | -€305,000 | -100.0% |
| Trade receivables | 290 | €305,000 | €0 | -€305,000 | -100.0% |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €124,908 | €184,493 | +€59,585 | +47.7% |
| Trade receivables | 40 | €78,000 | €179,868 | +€101,868 | +130.6% |
| Other amounts receivable | 41 | €46,908 | €4,625 | -€42,283 | -90.1% |
| Cash at bank and in hand | 54/58 | €66,247 | €1,355 | -€64,892 | -98.0% |
| Deferred charges and accrued income | 490/1 | €11,050 | €0 | -€11,050 | -100.0% |
| Total equity and liabilities | 10/49 | €507,205 | €185,848 | -€321,357 | -63.4% |
| Equity | 10/15 | €420,886 | €142,310 | -€278,576 | -66.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €418,613 | €140,000 | -€278,613 | -66.6% |
| Distributable reserves | 133 | €418,613 | €140,000 | -€278,613 | -66.6% |
| Profit (loss) carried forward | 14 | €273 | €310 | +€37 | +13.6% |
| Amounts payable | 17/49 | €86,319 | €43,538 | -€42,781 | -49.6% |
| Amounts payable within one year | 42/48 | €86,319 | €43,403 | -€42,916 | -49.7% |
| Trade debts | 44 | €399 | €738 | +€339 | +84.9% |
| Suppliers | 440/4 | €399 | €738 | +€339 | +84.9% |
| Taxes, remuneration and social security | 45 | €0 | €42,665 | +€42,665 | |
| Taxes | 450/3 | €0 | €42,665 | +€42,665 | |
| Other amounts payable | 47/48 | €85,920 | €0 | -€85,920 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €135 | +€135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €681 | €0 | -€681 | -100.0% |
| Other operating charges | 640/8 | €989 | €1,868 | +€879 | +88.9% |
| Gross operating margin | 9900 | €38,627 | €151,579 | +€112,951 | +292.4% |
| Operating profit (loss) | 9901 | €36,958 | €149,711 | +€112,753 | +305.1% |
| Financial income | 75/76B | €0 | €83 | +€83 | |
| Recurring financial income | 75 | €0 | €83 | +€83 | |
| Financial charges | 65/66B | €1,861 | €3,072 | +€1,210 | +65.0% |
| Recurring financial charges | 65 | €1,861 | €3,072 | +€1,210 | +65.0% |
| Profit (loss) for the period before taxes | 9903 | €35,097 | €146,722 | +€111,625 | +318.1% |
| Income taxes | 67/77 | €7,837 | €34,298 | +€26,461 | +337.6% |
| Profit (loss) for the period | 9904 | €27,260 | €112,424 | +€85,164 | +312.4% |
| Profit (loss) for the period to be appropriated | 9905 | €27,260 | €112,424 | +€85,164 | +312.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.