LiquidFloors: 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.
What changed
LiquidFloors
NACE 43.341, Painting of buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€425,512
2024 · €506,241-€80,729
Equity
€1.8m
2024 · €1.8m+€5,512
Cash
€825,912
2024 · €558,100+€267,812
Balance sheet total
€5.7m
2024 · €4.4m+€1.3m
Largest movements
Assets
- Receivables within one year +€595,116
up €595,116 (+23.5%), from €2.5m to €3.1m
of which Other amounts receivable: +€499,012
- Tangible fixed assets +€387,012
up €387,012 (+133%), from €290,194 to €677,205
of which Other tangible fixed assets: +€200,318
- Cash +€267,812
up €267,812 (+48.0%), from €558,100 to €825,912
mainly Trade debts (+€617,651) and Net result for the year (+€425,512)
Equity and liabilities
- Trade debts +€617,651
up €617,651 (+68.4%), from €902,457 to €1.5m
- Debts after one year +€415,207
up €415,207 (+256%), from €161,935 to €577,141
- Reserves +€294,098
up €294,098 (+21.6%), from €1.4m to €1.7m
of which Distributable reserves: +€294,098
- Profit (loss) carried forward -€288,586
down €288,586 (-100%), from €288,586 to €0
- Provisions +€233,640
new in 2025: €233,640
Income statement
- Gross operating margin -€379,212
down €379,212 (-10.6%), from €3.6m to €3.2m
- Staff costs -€290,937
down €290,937 (-10.8%), from €2.7m to €2.4m
- Provisions +€233,640
new in 2025: €233,640
- Write-downs -€107,657
down €107,657 (-415%), from -€25,963 to -€133,619
- Depreciation -€44,800
down €44,800 (-26.9%), from €166,605 to €121,805
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.
Result 2024
€506,241
Gross operating margin
-€379,212
Staff costs
+€290,937
Depreciation
+€44,800
Write-downs
+€107,657
Provisions
-€233,640
Other operating charges
-€8,543
Other operating items
+€37,819
Financial income
+€30,101
Financial charges
-€3,438
Taxes
+€32,790
Result 2025
€425,512
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€815,307
Investment
-€547,909
Financing
+€415
Cash 2024
€558,100
From operations (derived)
+€815,307
Net result for the year
+€425,512
Depreciation
+€121,805
Stocks and contracts
-€43,446
Receivables within one year
-€595,116
Deferred charges and accrued income
-€11,717
Provisions
+€233,640
Trade debts
+€617,651
Tax, wage and social debts
-€84,453
Advances received
+€66,391
Other debts
+€82,200
Accrued charges and deferred income
+€2,839
Investment (derived)
-€547,909
Investment in fixed assets (net)
-€508,827
Current investments
-€39,082
Financing
+€415
Debts after one year
+€415,207
Current portion of long-term debt
+€12,781
Short-term financial debts
-€7,573
Contributions, distributions and other
-€420,000
Cash 2025
€825,912
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,367,610 | €5,711,805 | +€1.3m | +30.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €297,479 | €684,501 | +€387,022 | +130% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €290,194 | €677,205 | +€387,012 | +133% |
| Land and buildings | 22 | €3,758 | €1,253 | -€2,505 | -66.7% |
| Plant, machinery and equipment | 23 | €12,446 | €14,584 | +€2,138 | +17.2% |
| Furniture and vehicles | 24 | €240,372 | €438,697 | +€198,325 | +82.5% |
| Leasing and similar rights | 25 | €14,122 | €2,858 | -€11,265 | -79.8% |
| Other tangible fixed assets | 26 | €19,496 | €219,814 | +€200,318 | +1,027% |
| Financial fixed assets | 28 | €7,285 | €7,295 | +€11 | +0.1% |
| Current assets | 29/58 | €4,070,132 | €5,027,304 | +€957,173 | +23.5% |
| Stocks and contracts in progress | 3 | €648,859 | €692,305 | +€43,446 | +6.7% |
| Stocks | 30/36 | €548,759 | €579,205 | +€30,446 | +5.5% |
| Contracts in progress | 37 | €100,100 | €113,100 | +€13,000 | +13.0% |
| Amounts receivable within one year | 40/41 | €2,532,653 | €3,127,769 | +€595,116 | +23.5% |
| Trade receivables | 40 | €937,279 | €1,033,383 | +€96,104 | +10.3% |
| Other amounts receivable | 41 | €1,595,374 | €2,094,386 | +€499,012 | +31.3% |
| Current investments | 50/53 | €284,982 | €324,065 | +€39,082 | +13.7% |
| Cash at bank and in hand | 54/58 | €558,100 | €825,912 | +€267,812 | +48.0% |
| Deferred charges and accrued income | 490/1 | €45,537 | €57,254 | +€11,717 | +25.7% |
| Total equity and liabilities | 10/49 | €4,367,610 | €5,711,805 | +€1.3m | +30.8% |
| Equity | 10/15 | €1,764,595 | €1,770,107 | +€5,512 | +0.3% |
| Contributions | 10/11 | €116,600 | €116,600 | = | 0.0% |
| Reserves | 13 | €1,359,409 | €1,653,507 | +€294,098 | +21.6% |
| Tax-exempt reserves | 132 | €1,347,549 | €1,347,549 | = | 0.0% |
| Distributable reserves | 133 | €11,860 | €305,958 | +€294,098 | +2,480% |
| Profit (loss) carried forward | 14 | €288,586 | €0 | -€288,586 | -100% |
| Provisions and deferred taxes | 16 | - | €233,640 | +€233,640 | |
| Provisions for liabilities and charges | 160/5 | - | €233,640 | +€233,640 | |
| Other liabilities and charges | 164/5 | - | €233,640 | +€233,640 | |
| Amounts payable | 17/49 | €2,603,015 | €3,708,058 | +€1.1m | +42.5% |
| Amounts payable after more than one year | 17 | €161,935 | €577,141 | +€415,207 | +256% |
| Financial debts | 170/4 | €161,935 | €577,141 | +€415,207 | +256% |
| Amounts payable within one year | 42/48 | €2,441,080 | €3,128,077 | +€686,997 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €79,032 | €91,813 | +€12,781 | +16.2% |
| Financial debts | 43 | €7,573 | €0 | -€7,573 | -100% |
| Credit institutions | 430/8 | €7,573 | €0 | -€7,573 | -100% |
| Trade debts | 44 | €902,457 | €1,520,108 | +€617,651 | +68.4% |
| Suppliers | 440/4 | €902,457 | €1,520,108 | +€617,651 | +68.4% |
| Advances received on contracts in progress | 46 | €718,688 | €785,080 | +€66,391 | +9.2% |
| Taxes, remuneration and social security | 45 | €395,529 | €311,076 | -€84,453 | -21.4% |
| Taxes | 450/3 | €133,580 | €134,382 | +€803 | +0.6% |
| Remuneration and social security | 454/9 | €261,949 | €176,693 | -€85,256 | -32.5% |
| Other amounts payable | 47/48 | €337,800 | €420,000 | +€82,200 | +24.3% |
| Accrued charges and deferred income | 492/3 | - | €2,839 | +€2,839 | |
| Non-recurring operating income | 76A | - | €3,719 | +€3,719 | |
| Remuneration, social security and pensions | 62 | €2,705,626 | €2,414,689 | -€290,937 | -10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €166,605 | €121,805 | -€44,800 | -26.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€25,963 | -€133,619 | -€107,657 | -415% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €233,640 | +€233,640 | |
| Other operating charges | 640/8 | €11,890 | €20,433 | +€8,543 | +71.8% |
| Non-recurring operating charges | 66A | €45,874 | €8,055 | -€37,819 | -82.4% |
| Gross operating margin | 9900 | €3,587,237 | €3,208,026 | -€379,212 | -10.6% |
| Operating profit (loss) | 9901 | €683,205 | €543,024 | -€140,182 | -20.5% |
| Financial income | 75/76B | €59,531 | €89,632 | +€30,101 | +50.6% |
| Recurring financial income | 75 | €59,531 | €89,632 | +€30,101 | +50.6% |
| Financial charges | 65/66B | €40,981 | €44,418 | +€3,438 | +8.4% |
| Recurring financial charges | 65 | €40,981 | €44,418 | +€3,438 | +8.4% |
| Profit (loss) for the period before taxes | 9903 | €701,756 | €588,237 | -€113,519 | -16.2% |
| Income taxes | 67/77 | €195,515 | €162,725 | -€32,790 | -16.8% |
| Profit (loss) for the period | 9904 | €506,241 | €425,512 | -€80,729 | -15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €506,241 | €425,512 | -€80,729 | -15.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.