LIPOFINE: 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.
LIPOFINE
Largest movements
- Cash +€109,376
up €109,376 (+37,948%), from €288 to €109,664
mainly Net result for the year (+€97,867) and Tax, wage and social debts (+€42,926)
- Tangible fixed assets +€38,998
new in 2024: €38,998
- Receivables within one year +€13,615
up €13,615 (+1,176%), from €1,158 to €14,773
of which Other amounts receivable: +€7,563
- Profit (loss) carried forward +€97,867
up €97,867, from -€21,056 to €76,811
- Tax, wage and social debts +€42,926
new in 2024: €42,926
- Trade debts +€22,667
up €22,667 (+337%), from €6,735 to €29,402
- Gross operating margin +€127,929
up €127,929, from -€3,439 to €124,490
- Taxes +€24,682
new in 2024: €24,682
- Depreciation +€1,390
new in 2024: €1,390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,446 | €163,435 | +€161,989 | +11,201% |
| Fixed assets | 21/28 | - | €38,998 | +€38,998 | |
| Tangible fixed assets | 22/27 | - | €38,998 | +€38,998 | |
| Furniture and vehicles | 24 | - | €38,998 | +€38,998 | |
| Current assets | 29/58 | €1,446 | €124,437 | +€122,991 | +8,505% |
| Amounts receivable within one year | 40/41 | €1,158 | €14,773 | +€13,615 | +1,176% |
| Trade receivables | 40 | €521 | €6,573 | +€6,052 | +1,161% |
| Other amounts receivable | 41 | €637 | €8,200 | +€7,563 | +1,188% |
| Cash at bank and in hand | 54/58 | €288 | €109,664 | +€109,376 | +37,948% |
| Total equity and liabilities | 10/49 | €1,446 | €163,435 | +€161,989 | +11,201% |
| Equity | 10/15 | -€6,796 | €91,071 | +€97,867 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€21,056 | €76,811 | +€97,867 | |
| Amounts payable | 17/49 | €8,242 | €72,364 | +€64,122 | +778% |
| Amounts payable within one year | 42/48 | €8,242 | €72,328 | +€64,086 | +778% |
| Trade debts | 44 | €6,735 | €29,402 | +€22,667 | +337% |
| Suppliers | 440/4 | €6,735 | €29,402 | +€22,667 | +337% |
| Taxes, remuneration and social security | 45 | - | €42,926 | +€42,926 | |
| Taxes | 450/3 | - | €42,926 | +€42,926 | |
| Other amounts payable | 47/48 | €1,507 | - | -€1,507 | |
| Accrued charges and deferred income | 492/3 | - | €36 | +€36 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,390 | +€1,390 | |
| Other operating charges | 640/8 | - | €784 | +€784 | |
| Non-recurring operating charges | 66A | €3,450 | - | -€3,450 | |
| Gross operating margin | 9900 | -€3,439 | €124,490 | +€127,929 | |
| Operating profit (loss) | 9901 | -€6,889 | €122,316 | +€129,205 | |
| Financial income | 75/76B | - | €409 | +€409 | |
| Recurring financial income | 75 | - | €409 | +€409 | |
| Financial charges | 65/66B | €161 | €175 | +€14 | +8.7% |
| Recurring financial charges | 65 | €161 | €175 | +€14 | +8.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,050 | €122,549 | +€129,600 | |
| Income taxes | 67/77 | - | €24,682 | +€24,682 | |
| Profit (loss) for the period | 9904 | -€7,050 | €97,867 | +€104,917 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,050 | €97,867 | +€104,917 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.