Llieven: 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.
Llieven
Largest movements
- Cash +€40,350
up €40,350 (+44.1%), from €91,547 to €131,897
mainly Net result for the year (+€33,855) and Other debts (+€15,590)
- Reserves +€33,855
up €33,855 (+55.4%), from €61,142 to €94,997
- Other debts +€15,590
up €15,590 (+77.8%), from €20,041 to €35,631
- Tax, wage and social debts -€8,713
down €8,713 (-35.9%), from €24,284 to €15,571
of which Taxes: -€10,063
- Gross operating margin -€18,448
down €18,448 (-21.1%), from €87,573 to €69,124
- Financial charges +€17,043
up €17,043 (+894.3%), from €1,906 to €18,949
- Taxes -€10,538
down €10,538 (-43.5%), from €24,202 to €13,664
- Other operating charges +€2,332
up €2,332 (+721.9%), from €323 to €2,655
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 | €111,106 | €150,596 | +€39,490 | +35.5% |
| Current assets | 29/58 | €111,106 | €150,596 | +€39,490 | +35.5% |
| Amounts receivable within one year | 40/41 | €19,337 | €18,615 | -€722 | -3.7% |
| Trade receivables | 40 | €19,118 | €18,170 | -€948 | -5.0% |
| Other amounts receivable | 41 | €219 | €445 | +€225 | +102.8% |
| Cash at bank and in hand | 54/58 | €91,547 | €131,897 | +€40,350 | +44.1% |
| Deferred charges and accrued income | 490/1 | €222 | €85 | -€138 | -62.0% |
| Total equity and liabilities | 10/49 | €111,106 | €150,596 | +€39,490 | +35.5% |
| Equity | 10/15 | €65,142 | €98,997 | +€33,855 | +52.0% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €61,142 | €94,997 | +€33,855 | +55.4% |
| Distributable reserves | 133 | €61,142 | €94,997 | +€33,855 | +55.4% |
| Amounts payable | 17/49 | €45,964 | €51,599 | +€5,635 | +12.3% |
| Amounts payable within one year | 42/48 | €45,964 | €51,599 | +€5,635 | +12.3% |
| Trade debts | 44 | €1,639 | €397 | -€1,242 | -75.8% |
| Suppliers | 440/4 | €1,639 | €397 | -€1,242 | -75.8% |
| Taxes, remuneration and social security | 45 | €24,284 | €15,571 | -€8,713 | -35.9% |
| Taxes | 450/3 | €24,284 | €14,221 | -€10,063 | -41.4% |
| Remuneration and social security | 454/9 | - | €1,350 | +€1,350 | |
| Other amounts payable | 47/48 | €20,041 | €35,631 | +€15,590 | +77.8% |
| Other operating charges | 640/8 | €323 | €2,655 | +€2,332 | +721.9% |
| Gross operating margin | 9900 | €87,573 | €69,124 | -€18,448 | -21.1% |
| Operating profit (loss) | 9901 | €87,250 | €66,469 | -€20,781 | -23.8% |
| Financial charges | 65/66B | €1,906 | €18,949 | +€17,043 | +894.3% |
| Recurring financial charges | 65 | €1,906 | €18,949 | +€17,043 | +894.3% |
| Profit (loss) for the period before taxes | 9903 | €85,344 | €47,520 | -€37,824 | -44.3% |
| Income taxes | 67/77 | €24,202 | €13,664 | -€10,538 | -43.5% |
| Profit (loss) for the period | 9904 | €61,142 | €33,855 | -€27,286 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €61,142 | €33,855 | -€27,286 | -44.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.