LIYUAN: 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.
LIYUAN
Largest movements
- Cash -€10,864
down €10,864 (-24.0%), from €45,221 to €34,357
mainly Trade debts (-€21,372) and Investment in fixed assets (net) (-€2,310)
- Receivables within one year -€5,282
down €5,282 (-32.4%), from €16,284 to €11,002
of which Trade receivables: -€14,338
- Financial fixed assets +€2,310
up €2,310 (+471.9%), from €490 to €2,800
- Tangible fixed assets -€2,064
down €2,064 (-15.3%), from €13,496 to €11,433
of which Plant, machinery and equipment: -€1,959
- Trade debts -€21,372
down €21,372 (-69.4%), from €30,802 to €9,429
- Tax, wage and social debts +€4,205
up €4,205 (+32.2%), from €13,039 to €17,244
of which Remuneration and social security: +€6,574
- Profit (loss) carried forward +€1,061
up €1,061 (+3.5%), from €30,255 to €31,315
- Staff costs -€5,377
down €5,377 (-22.8%), from €23,569 to €18,191
- Gross operating margin -€2,867
down €2,867 (-10.4%), from €27,559 to €24,692
- Financial charges +€1,388
up €1,388 (+782.9%), from €177 to €1,566
- Taxes +€1,222
up €1,222 (+336.3%), from €363 to €1,586
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €77,136 | €60,989 | -€16,148 | -20.9% |
| Fixed assets | 21/28 | €13,986 | €14,232 | +€246 | +1.8% |
| Tangible fixed assets | 22/27 | €13,496 | €11,433 | -€2,064 | -15.3% |
| Plant, machinery and equipment | 23 | €12,495 | €10,536 | -€1,959 | -15.7% |
| Furniture and vehicles | 24 | €1,001 | €897 | -€104 | -10.4% |
| Financial fixed assets | 28 | €490 | €2,800 | +€2,310 | +471.9% |
| Current assets | 29/58 | €63,151 | €46,757 | -€16,394 | -26.0% |
| Stocks and contracts in progress | 3 | €1,645 | €1,397 | -€248 | -15.1% |
| Stocks | 30/36 | €1,645 | €1,397 | -€248 | -15.1% |
| Amounts receivable within one year | 40/41 | €16,284 | €11,002 | -€5,282 | -32.4% |
| Trade receivables | 40 | €15,300 | €963 | -€14,338 | -93.7% |
| Other amounts receivable | 41 | €984 | €10,040 | +€9,056 | +920.4% |
| Cash at bank and in hand | 54/58 | €45,221 | €34,357 | -€10,864 | -24.0% |
| Total equity and liabilities | 10/49 | €77,136 | €60,989 | -€16,148 | -20.9% |
| Equity | 10/15 | €33,255 | €34,315 | +€1,061 | +3.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,255 | €31,315 | +€1,061 | +3.5% |
| Amounts payable | 17/49 | €43,881 | €26,673 | -€17,208 | -39.2% |
| Amounts payable within one year | 42/48 | €43,881 | €26,673 | -€17,208 | -39.2% |
| Trade debts | 44 | €30,802 | €9,429 | -€21,372 | -69.4% |
| Suppliers | 440/4 | €30,802 | €9,429 | -€21,372 | -69.4% |
| Advances received on contracts in progress | 46 | €41 | - | -€41 | |
| Taxes, remuneration and social security | 45 | €13,039 | €17,244 | +€4,205 | +32.2% |
| Taxes | 450/3 | €5,889 | €3,519 | -€2,370 | -40.2% |
| Remuneration and social security | 454/9 | €7,150 | €13,724 | +€6,574 | +92.0% |
| Non-recurring operating income | 76A | - | €278 | +€278 | |
| Remuneration, social security and pensions | 62 | €23,569 | €18,191 | -€5,377 | -22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,989 | €2,064 | +€75 | +3.8% |
| Other operating charges | 640/8 | €25 | €25 | = | 0.0% |
| Non-recurring operating charges | 66A | €1,700 | €200 | -€1,500 | -88.2% |
| Gross operating margin | 9900 | €27,559 | €24,692 | -€2,867 | -10.4% |
| Operating profit (loss) | 9901 | €277 | €4,212 | +€3,935 | +1422.4% |
| Financial income | 75/76B | €18 | €0 | -€18 | -99.8% |
| Recurring financial income | 75 | €18 | €0 | -€18 | -99.8% |
| Financial charges | 65/66B | €177 | €1,566 | +€1,388 | +782.9% |
| Recurring financial charges | 65 | €177 | €1,566 | +€1,388 | +782.9% |
| Profit (loss) for the period before taxes | 9903 | €117 | €2,646 | +€2,529 | +2157.6% |
| Income taxes | 67/77 | €363 | €1,586 | +€1,222 | +336.3% |
| Profit (loss) for the period | 9904 | -€246 | €1,061 | +€1,307 | |
| Profit (loss) for the period to be appropriated | 9905 | -€246 | €1,061 | +€1,307 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.