LIQUID BRIX: 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.
LIQUID BRIX
Largest movements
- Tangible fixed assets +€1.3m
up €1.3m (+53.6%), from €2.4m to €3.7m
of which Land and buildings: +€1.3m
- Receivables within one year -€46,143
down €46,143 (-15.6%), from €296,042 to €249,899
of which Trade receivables: -€62,531
- Trade debts +€660,375
up €660,375 (+5,923%), from €11,149 to €671,523
- Debts after one year +€511,634
up €511,634 (+38.4%), from €1.3m to €1.8m
- Profit (loss) carried forward -€105,790
down €105,790, from €76,490 to -€29,300
- Other debts +€98,183
up €98,183 (+8.5%), from €1.2m to €1.3m
- Current portion of long-term debt +€45,698
up €45,698 (+29.0%), from €157,814 to €203,512
- Gross operating margin +€66,667
up €66,667 (+109%), from €61,412 to €128,079
- Financial charges +€32,253
up €32,253 (+53.2%), from €60,676 to €92,929
- Depreciation +€29,017
up €29,017 (+28.2%), from €103,026 to €132,043
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 | €2,802,750 | €4,011,839 | +€1.2m | +43.1% |
| Fixed assets | 21/28 | €2,494,565 | €3,757,682 | +€1.3m | +50.6% |
| Intangible fixed assets | 21 | €93,377 | €69,807 | -€23,569 | -25.2% |
| Tangible fixed assets | 22/27 | €2,401,189 | €3,687,875 | +€1.3m | +53.6% |
| Land and buildings | 22 | €2,297,083 | €3,576,394 | +€1.3m | +55.7% |
| Furniture and vehicles | 24 | €33,320 | €40,696 | +€7,376 | +22.1% |
| Other tangible fixed assets | 26 | €70,786 | €70,786 | = | 0.0% |
| Current assets | 29/58 | €308,185 | €254,156 | -€54,029 | -17.5% |
| Amounts receivable within one year | 40/41 | €296,042 | €249,899 | -€46,143 | -15.6% |
| Trade receivables | 40 | €199,792 | €137,261 | -€62,531 | -31.3% |
| Other amounts receivable | 41 | €96,250 | €112,639 | +€16,389 | +17.0% |
| Cash at bank and in hand | 54/58 | €11,591 | €3,133 | -€8,458 | -73.0% |
| Deferred charges and accrued income | 490/1 | €552 | €1,124 | +€572 | +104% |
| Total equity and liabilities | 10/49 | €2,802,750 | €4,011,839 | +€1.2m | +43.1% |
| Equity | 10/15 | €86,823 | -€18,966 | -€105,790 | |
| Contributions | 10/11 | €10,333 | €10,333 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,490 | -€29,300 | -€105,790 | |
| Amounts payable | 17/49 | €2,715,927 | €4,030,805 | +€1.3m | +48.4% |
| Amounts payable after more than one year | 17 | €1,333,242 | €1,844,876 | +€511,634 | +38.4% |
| Financial debts | 170/4 | €1,333,242 | €1,844,876 | +€511,634 | +38.4% |
| Amounts payable within one year | 42/48 | €1,329,819 | €2,134,472 | +€804,653 | +60.5% |
| Current portion of amounts payable after more than one year | 42 | €157,814 | €203,512 | +€45,698 | +29.0% |
| Trade debts | 44 | €11,149 | €671,523 | +€660,375 | +5,923% |
| Suppliers | 440/4 | €11,149 | €671,523 | +€660,375 | +5,923% |
| Taxes, remuneration and social security | 45 | €3,547 | €3,943 | +€397 | +11.2% |
| Taxes | 450/3 | €3,523 | €3,920 | +€397 | +11.3% |
| Remuneration and social security | 454/9 | €24 | €24 | = | 0.0% |
| Other amounts payable | 47/48 | €1,157,310 | €1,255,493 | +€98,183 | +8.5% |
| Accrued charges and deferred income | 492/3 | €52,866 | €51,457 | -€1,409 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,026 | €132,043 | +€29,017 | +28.2% |
| Other operating charges | 640/8 | €10,260 | €9,882 | -€378 | -3.7% |
| Gross operating margin | 9900 | €61,412 | €128,079 | +€66,667 | +109% |
| Operating profit (loss) | 9901 | -€51,875 | -€13,846 | +€38,029 | +73.3% |
| Financial income | 75/76B | €1,453 | €1,124 | -€329 | -22.7% |
| Recurring financial income | 75 | €1,453 | €1,124 | -€329 | -22.7% |
| Financial charges | 65/66B | €60,676 | €92,929 | +€32,253 | +53.2% |
| Recurring financial charges | 65 | €60,676 | €92,929 | +€32,253 | +53.2% |
| Profit (loss) for the period before taxes | 9903 | -€111,097 | -€105,651 | +€5,447 | +4.9% |
| Income taxes | 67/77 | €102 | €139 | +€37 | +36.1% |
| Profit (loss) for the period | 9904 | -€111,199 | -€105,790 | +€5,410 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€111,199 | -€105,790 | +€5,410 | +4.9% |
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 15 October 2026 via checked.be.