LIURFY: 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.
LIURFY
Largest movements
- Intangible fixed assets -€20,000
down €20,000 (-26.2%), from €76,255 to €56,255
- Cash +€9,373
up €9,373 (+82.4%), from €11,373 to €20,746
mainly Depreciation (+€20,818) and Net result for the year (+€4,424)
- Tangible fixed assets +€1,352
up €1,352 (+176.6%), from €766 to €2,118
of which Furniture and vehicles: +€800
- Debts after one year -€16,909
down €16,909 (-22.8%), from €74,018 to €57,109
of which Other amounts payable: -€10,000
- Reserves +€3,666
up €3,666 (+56.4%), from €6,500 to €10,166
- Other debts +€3,128
up €3,128 (+65.5%), from €4,775 to €7,903
- Gross operating margin -€8,842
down €8,842 (-22.1%), from €39,970 to €31,128
- Depreciation -€4,607
down €4,607 (-18.1%), from €25,424 to €20,818
- Taxes -€1,227
down €1,227 (-28.0%), from €4,388 to €3,161
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.
Cash bridge derived
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 | €103,336 | €93,178 | -€10,158 | -9.8% |
| Fixed assets | 21/28 | €77,021 | €58,373 | -€18,648 | -24.2% |
| Intangible fixed assets | 21 | €76,255 | €56,255 | -€20,000 | -26.2% |
| Tangible fixed assets | 22/27 | €766 | €2,118 | +€1,352 | +176.6% |
| Furniture and vehicles | 24 | €766 | €1,565 | +€800 | +104.4% |
| Other tangible fixed assets | 26 | - | €553 | +€553 | |
| Current assets | 29/58 | €26,315 | €34,805 | +€8,490 | +32.3% |
| Amounts receivable within one year | 40/41 | €14,227 | €13,326 | -€901 | -6.3% |
| Trade receivables | 40 | €10,615 | €10,826 | +€211 | +2.0% |
| Other amounts receivable | 41 | €3,612 | €2,500 | -€1,112 | -30.8% |
| Cash at bank and in hand | 54/58 | €11,373 | €20,746 | +€9,373 | +82.4% |
| Deferred charges and accrued income | 490/1 | €715 | €733 | +€17 | +2.4% |
| Total equity and liabilities | 10/49 | €103,336 | €93,178 | -€10,158 | -9.8% |
| Equity | 10/15 | €8,575 | €12,166 | +€3,591 | +41.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €10,166 | +€3,666 | +56.4% |
| Distributable reserves | 133 | €6,500 | €10,166 | +€3,666 | +56.4% |
| Profit (loss) carried forward | 14 | €75 | - | -€75 | |
| Amounts payable | 17/49 | €94,761 | €81,012 | -€13,749 | -14.5% |
| Amounts payable after more than one year | 17 | €74,018 | €57,109 | -€16,909 | -22.8% |
| Financial debts | 170/4 | €24,018 | €17,109 | -€6,909 | -28.8% |
| Other amounts payable | 178/9 | €50,000 | €40,000 | -€10,000 | -20.0% |
| Amounts payable within one year | 42/48 | €20,743 | €23,903 | +€3,160 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €6,668 | €6,909 | +€241 | +3.6% |
| Trade debts | 44 | €1,262 | €591 | -€672 | -53.2% |
| Suppliers | 440/4 | €1,262 | €591 | -€672 | -53.2% |
| Taxes, remuneration and social security | 45 | €8,038 | €8,500 | +€463 | +5.8% |
| Taxes | 450/3 | €5,968 | €7,465 | +€1,498 | +25.1% |
| Remuneration and social security | 454/9 | €2,070 | €1,035 | -€1,035 | -50.0% |
| Other amounts payable | 47/48 | €4,775 | €7,903 | +€3,128 | +65.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,424 | €20,818 | -€4,607 | -18.1% |
| Other operating charges | 640/8 | €1,246 | €1,566 | +€320 | +25.7% |
| Gross operating margin | 9900 | €39,970 | €31,128 | -€8,842 | -22.1% |
| Operating profit (loss) | 9901 | €13,300 | €8,745 | -€4,555 | -34.2% |
| Financial income | 75/76B | €1 | €1 | +€0 | +13.2% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +13.2% |
| Financial charges | 65/66B | €1,479 | €1,161 | -€319 | -21.5% |
| Recurring financial charges | 65 | €1,479 | €1,161 | -€319 | -21.5% |
| Profit (loss) for the period before taxes | 9903 | €11,822 | €7,585 | -€4,237 | -35.8% |
| Income taxes | 67/77 | €4,388 | €3,161 | -€1,227 | -28.0% |
| Profit (loss) for the period | 9904 | €7,434 | €4,424 | -€3,009 | -40.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,434 | €4,424 | -€3,009 | -40.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.