LIQUIS: 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.
LIQUIS
Largest movements
- Tangible fixed assets -€28,550
down €28,550 (-41.2%), from €69,380 to €40,830
of which Other tangible fixed assets: -€25,833
- Receivables within one year -€19,296
down €19,296 (-40.0%), from €48,182 to €28,886
of which Other amounts receivable: -€12,310
- Cash -€11,248
down €11,248 (-93.5%), from €12,033 to €785
mainly Other debts (-€41,637) and Debts after one year (-€19,281)
- Stocks and contracts -€6,595
down €6,595 (-22.4%), from €29,480 to €22,885
- Other debts -€41,637
down €41,637 (-50.5%), from €82,444 to €40,807
- Debts after one year -€19,281
down €19,281 (-79.7%), from €24,178 to €4,897
- Trade debts -€12,362
down €12,362 (-31.2%), from €39,602 to €27,240
- Tax, wage and social debts +€4,104
up €4,104 (+767%), from €535 to €4,639
of which Taxes: +€4,381
- Profit (loss) carried forward +€3,004
up €3,004 (+4.6%), from -€65,928 to -€62,924
- Gross operating margin +€45,826
up €45,826, from -€7,884 to €37,942
- Financial charges -€2,181
down €2,181 (-44.4%), from €4,908 to €2,727
- Other operating charges -€2,020
down €2,020 (-33.5%), from €6,036 to €4,016
- Financial income +€893
new in 2024: €893
- Staff costs +€384
up €384 (+249%), from €154 to €538
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 | €159,075 | €93,386 | -€65,689 | -41.3% |
| Fixed assets | 21/28 | €69,380 | €40,830 | -€28,550 | -41.2% |
| Tangible fixed assets | 22/27 | €69,380 | €40,830 | -€28,550 | -41.2% |
| Plant, machinery and equipment | 23 | €5,363 | €3,646 | -€1,717 | -32.0% |
| Furniture and vehicles | 24 | €4,175 | €3,175 | -€1,000 | -24.0% |
| Other tangible fixed assets | 26 | €59,842 | €34,009 | -€25,833 | -43.2% |
| Current assets | 29/58 | €89,695 | €52,556 | -€37,139 | -41.4% |
| Stocks and contracts in progress | 3 | €29,480 | €22,885 | -€6,595 | -22.4% |
| Stocks | 30/36 | €29,480 | €22,885 | -€6,595 | -22.4% |
| Amounts receivable within one year | 40/41 | €48,182 | €28,886 | -€19,296 | -40.0% |
| Trade receivables | 40 | €35,872 | €28,886 | -€6,986 | -19.5% |
| Other amounts receivable | 41 | €12,310 | - | -€12,310 | |
| Cash at bank and in hand | 54/58 | €12,033 | €785 | -€11,248 | -93.5% |
| Total equity and liabilities | 10/49 | €159,075 | €93,386 | -€65,689 | -41.3% |
| Equity | 10/15 | -€6,482 | -€3,478 | +€3,004 | +46.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €39,446 | €39,446 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €37,446 | €37,446 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,928 | -€62,924 | +€3,004 | +4.6% |
| Amounts payable | 17/49 | €165,557 | €96,864 | -€68,693 | -41.5% |
| Amounts payable after more than one year | 17 | €24,178 | €4,897 | -€19,281 | -79.7% |
| Financial debts | 170/4 | €24,178 | €4,897 | -€19,281 | -79.7% |
| Amounts payable within one year | 42/48 | €141,379 | €91,967 | -€49,412 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €18,798 | €19,281 | +€483 | +2.6% |
| Trade debts | 44 | €39,602 | €27,240 | -€12,362 | -31.2% |
| Suppliers | 440/4 | €39,602 | €27,240 | -€12,362 | -31.2% |
| Taxes, remuneration and social security | 45 | €535 | €4,639 | +€4,104 | +767% |
| Taxes | 450/3 | - | €4,381 | +€4,381 | |
| Remuneration and social security | 454/9 | €535 | €258 | -€277 | -51.8% |
| Other amounts payable | 47/48 | €82,444 | €40,807 | -€41,637 | -50.5% |
| Non-recurring operating income | 76A | - | €500 | +€500 | |
| Remuneration, social security and pensions | 62 | €154 | €538 | +€384 | +249% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,306 | €28,550 | +€244 | +0.9% |
| Other operating charges | 640/8 | €6,036 | €4,016 | -€2,020 | -33.5% |
| Gross operating margin | 9900 | -€7,884 | €37,942 | +€45,826 | |
| Operating profit (loss) | 9901 | -€42,380 | €4,838 | +€47,218 | |
| Financial income | 75/76B | - | €893 | +€893 | |
| Recurring financial income | 75 | - | €893 | +€893 | |
| Financial charges | 65/66B | €4,908 | €2,727 | -€2,181 | -44.4% |
| Recurring financial charges | 65 | €4,908 | €2,727 | -€2,181 | -44.4% |
| Profit (loss) for the period before taxes | 9903 | -€47,288 | €3,004 | +€50,292 | |
| Profit (loss) for the period | 9904 | -€47,288 | €3,004 | +€50,292 | |
| Profit (loss) for the period to be appropriated | 9905 | -€47,288 | €3,004 | +€50,292 |
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 27 October 2026 via checked.be.