LIQUIT: 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.
LIQUIT
Largest movements
- Cash +€164,712
up €164,712 (+501%), from €32,862 to €197,574
mainly Current investments (+€130,000) and Net result for the year (+€77,982)
- Current investments -€130,000
down €130,000 (-52.0%), from €250,000 to €120,000
- Receivables within one year +€8,439
up €8,439 (+33.2%), from €25,454 to €33,893
of which Trade receivables: +€6,807
- Reserves +€40,389
up €40,389 (+14.2%), from €284,601 to €324,990
of which Distributable reserves: +€40,389
- Gross operating margin +€22,787
up €22,787 (+27.5%), from €83,005 to €105,792
- Taxes +€7,625
up €7,625 (+30.5%), from €25,038 to €32,663
- Financial income +€1,856
up €1,856 (+49.4%), from €3,759 to €5,615
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €310,143 | €352,776 | +€42,633 | +13.7% |
| Current assets | 29/58 | €310,143 | €352,776 | +€42,633 | +13.7% |
| Amounts receivable within one year | 40/41 | €25,454 | €33,893 | +€8,439 | +33.2% |
| Trade receivables | 40 | €23,270 | €30,077 | +€6,807 | +29.3% |
| Other amounts receivable | 41 | €2,184 | €3,816 | +€1,632 | +74.7% |
| Current investments | 50/53 | €250,000 | €120,000 | -€130,000 | -52.0% |
| Cash at bank and in hand | 54/58 | €32,862 | €197,574 | +€164,712 | +501% |
| Deferred charges and accrued income | 490/1 | €1,827 | €1,310 | -€518 | -28.3% |
| Total equity and liabilities | 10/49 | €310,143 | €352,776 | +€42,633 | +13.7% |
| Equity | 10/15 | €290,801 | €331,190 | +€40,389 | +13.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €284,601 | €324,990 | +€40,389 | +14.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €284,601 | €324,990 | +€40,389 | +14.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €19,342 | €21,586 | +€2,244 | +11.6% |
| Amounts payable within one year | 42/48 | €19,187 | €21,516 | +€2,329 | +12.1% |
| Trade debts | 44 | €1,668 | €609 | -€1,059 | -63.5% |
| Suppliers | 440/4 | €1,668 | €609 | -€1,059 | -63.5% |
| Taxes, remuneration and social security | 45 | €17,464 | €20,656 | +€3,193 | +18.3% |
| Taxes | 450/3 | €17,464 | €20,656 | +€3,193 | +18.3% |
| Other amounts payable | 47/48 | €56 | €251 | +€195 | +350% |
| Accrued charges and deferred income | 492/3 | €155 | €70 | -€85 | -54.9% |
| Other operating charges | 640/8 | €699 | €719 | +€20 | +2.8% |
| Gross operating margin | 9900 | €83,005 | €105,792 | +€22,787 | +27.5% |
| Operating profit (loss) | 9901 | €82,306 | €105,073 | +€22,768 | +27.7% |
| Financial income | 75/76B | €3,759 | €5,615 | +€1,856 | +49.4% |
| Recurring financial income | 75 | €3,759 | €5,615 | +€1,856 | +49.4% |
| Financial charges | 65/66B | €35 | €44 | +€9 | +24.7% |
| Recurring financial charges | 65 | €35 | €44 | +€9 | +24.7% |
| Profit (loss) for the period before taxes | 9903 | €86,030 | €110,645 | +€24,615 | +28.6% |
| Income taxes | 67/77 | €25,038 | €32,663 | +€7,625 | +30.5% |
| Profit (loss) for the period | 9904 | €60,992 | €77,982 | +€16,990 | +27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,992 | €77,982 | +€16,990 | +27.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.