LIRE: what changed
Two fiscal 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.
LIRE
Largest movements
- Tangible fixed assets +€51,021
up €51,021 (+173.2%), from €29,465 to €80,487
of which Furniture and vehicles: +€57,658
- Receivables within one year -€8,444
down €8,444 (-75.6%), from €11,164 to €2,720
of which Trade receivables: -€8,510
- Tax, wage and social debts -€67,519
down €67,519 (-64.6%), from €104,476 to €36,957
of which Remuneration and social security: -€53,185
- Other debts +€55,901
up €55,901 (+466.3%), from €11,989 to €67,890
- Profit (loss) carried forward +€20,689
up €20,689 (+25.9%), from €79,824 to €100,513
- Debts after one year +€18,064
up €18,064 (+101.5%), from €17,789 to €35,853
- Trade debts +€16,888
up €16,888 (+46.5%), from €36,308 to €53,196
- Staff costs -€34,205
down €34,205 (-11.8%), from €290,669 to €256,464
- Financial income +€11,935
up €11,935 (+18444.3%), from €65 to €12,000
- Depreciation +€10,732
up €10,732 (+76.3%), from €14,065 to €24,797
- Taxes +€8,708
up €8,708 (+699.5%), from €1,245 to €9,953
- Gross operating margin -€5,977
down €5,977 (-1.9%), from €315,658 to €309,681
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.
Cash bridge derived
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 | €347,397 | €391,998 | +€44,601 | +12.8% |
| Fixed assets | 21/28 | €329,465 | €380,487 | +€51,021 | +15.5% |
| Tangible fixed assets | 22/27 | €29,465 | €80,487 | +€51,021 | +173.2% |
| Land and buildings | 22 | €7,860 | €6,425 | -€1,435 | -18.3% |
| Plant, machinery and equipment | 23 | €8,086 | €6,553 | -€1,533 | -19.0% |
| Furniture and vehicles | 24 | €4,192 | €61,849 | +€57,658 | +1375.6% |
| Other tangible fixed assets | 26 | €9,328 | €5,660 | -€3,668 | -39.3% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €17,932 | €11,511 | -€6,421 | -35.8% |
| Amounts receivable within one year | 40/41 | €11,164 | €2,720 | -€8,444 | -75.6% |
| Trade receivables | 40 | €10,817 | €2,307 | -€8,510 | -78.7% |
| Other amounts receivable | 41 | €347 | €413 | +€66 | +19.0% |
| Cash at bank and in hand | 54/58 | €4,862 | €6,207 | +€1,345 | +27.7% |
| Deferred charges and accrued income | 490/1 | €1,906 | €2,584 | +€678 | +35.6% |
| Total equity and liabilities | 10/49 | €347,397 | €391,998 | +€44,601 | +12.8% |
| Equity | 10/15 | €155,343 | €176,032 | +€20,689 | +13.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €56,919 | €56,919 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €55,059 | €55,059 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,824 | €100,513 | +€20,689 | +25.9% |
| Amounts payable | 17/49 | €192,054 | €215,966 | +€23,912 | +12.5% |
| Amounts payable after more than one year | 17 | €17,789 | €35,853 | +€18,064 | +101.5% |
| Financial debts | 170/4 | €17,789 | €35,853 | +€18,064 | +101.5% |
| Amounts payable within one year | 42/48 | €174,265 | €180,113 | +€5,848 | +3.4% |
| Current portion of amounts payable after more than one year | 42 | €21,492 | €22,070 | +€578 | +2.7% |
| Trade debts | 44 | €36,308 | €53,196 | +€16,888 | +46.5% |
| Suppliers | 440/4 | €36,308 | €53,196 | +€16,888 | +46.5% |
| Taxes, remuneration and social security | 45 | €104,476 | €36,957 | -€67,519 | -64.6% |
| Taxes | 450/3 | €28,332 | €13,998 | -€14,333 | -50.6% |
| Remuneration and social security | 454/9 | €76,144 | €22,959 | -€53,185 | -69.8% |
| Other amounts payable | 47/48 | €11,989 | €67,890 | +€55,901 | +466.3% |
| Remuneration, social security and pensions | 62 | €290,669 | €256,464 | -€34,205 | -11.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,065 | €24,797 | +€10,732 | +76.3% |
| Other operating charges | 640/8 | €7,167 | €4,399 | -€2,769 | -38.6% |
| Gross operating margin | 9900 | €315,658 | €309,681 | -€5,977 | -1.9% |
| Operating profit (loss) | 9901 | €3,757 | €24,022 | +€20,265 | +539.4% |
| Financial income | 75/76B | €65 | €12,000 | +€11,935 | +18444.3% |
| Recurring financial income | 75 | €65 | €12,000 | +€11,935 | +18444.3% |
| Financial charges | 65/66B | €7,996 | €5,381 | -€2,615 | -32.7% |
| Recurring financial charges | 65 | €7,996 | €5,381 | -€2,615 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,174 | €30,642 | +€34,816 | |
| Income taxes | 67/77 | €1,245 | €9,953 | +€8,708 | +699.5% |
| Profit (loss) for the period | 9904 | -€5,419 | €20,689 | +€26,108 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,419 | €20,689 | +€26,108 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.