PASCALE VAN LIERDE: 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.
PASCALE VAN LIERDE
Largest movements
- Tangible fixed assets +€48,496
up €48,496 (+34.5%), from €140,642 to €189,138
of which Land and buildings: +€49,163
- Receivables within one year -€24,892
no longer reported in 2025 (was €24,892)
of which Other amounts receivable: -€24,302
- Reserves +€23,724
up €23,724 (+7.0%), from €339,937 to €363,661
of which Distributable reserves: +€23,724
- Tax, wage and social debts +€19,111
new in 2025: €19,111
- Other debts -€11,177
down €11,177 (-79.0%), from €14,150 to €2,973
- Gross operating margin -€104,621
down €104,621 (-59.1%), from €176,919 to €72,298
- Taxes +€16,201
up €16,201 (+61.3%), from €26,439 to €42,640
- Financial charges -€5,961
down €5,961 (-92.8%), from €6,422 to €461
of which Non-recurring financial charges: -€5,801
- Financial income -€3,065
down €3,065 (-48.9%), from €6,269 to €3,203
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 | €713,626 | €743,653 | +€30,027 | +4.2% |
| Fixed assets | 21/28 | €140,642 | €189,138 | +€48,496 | +34.5% |
| Tangible fixed assets | 22/27 | €140,642 | €189,138 | +€48,496 | +34.5% |
| Land and buildings | 22 | €137,974 | €187,137 | +€49,163 | +35.6% |
| Other tangible fixed assets | 26 | €2,668 | €2,001 | -€667 | -25.0% |
| Current assets | 29/58 | €572,985 | €554,516 | -€18,469 | -3.2% |
| Amounts receivable within one year | 40/41 | €24,892 | - | -€24,892 | |
| Trade receivables | 40 | €590 | - | -€590 | |
| Other amounts receivable | 41 | €24,302 | - | -€24,302 | |
| Current investments | 50/53 | €427,679 | €430,205 | +€2,526 | +0.6% |
| Cash at bank and in hand | 54/58 | €118,938 | €124,188 | +€5,251 | +4.4% |
| Deferred charges and accrued income | 490/1 | €1,476 | €122 | -€1,354 | -91.7% |
| Total equity and liabilities | 10/49 | €713,626 | €743,653 | +€30,027 | +4.2% |
| Equity | 10/15 | €697,846 | €721,570 | +€23,724 | +3.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €339,937 | €363,661 | +€23,724 | +7.0% |
| 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 | €338,078 | €361,802 | +€23,724 | +7.0% |
| Profit (loss) carried forward | 14 | €339,316 | €339,316 | +€0 | 0.0% |
| Amounts payable | 17/49 | €15,781 | €22,084 | +€6,303 | +39.9% |
| Amounts payable within one year | 42/48 | €15,781 | €22,084 | +€6,303 | +39.9% |
| Trade debts | 44 | €1,630 | - | -€1,630 | |
| Suppliers | 440/4 | €1,630 | - | -€1,630 | |
| Taxes, remuneration and social security | 45 | - | €19,111 | +€19,111 | |
| Taxes | 450/3 | - | €19,111 | +€19,111 | |
| Other amounts payable | 47/48 | €14,150 | €2,973 | -€11,177 | -79.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,197 | €6,604 | +€407 | +6.6% |
| Other operating charges | 640/8 | €2,905 | €2,072 | -€833 | -28.7% |
| Gross operating margin | 9900 | €176,919 | €72,298 | -€104,621 | -59.1% |
| Operating profit (loss) | 9901 | €167,817 | €63,622 | -€104,195 | -62.1% |
| Financial income | 75/76B | €6,269 | €3,203 | -€3,065 | -48.9% |
| Recurring financial income | 75 | €6,269 | €3,203 | -€3,065 | -48.9% |
| Financial charges | 65/66B | €6,422 | €461 | -€5,961 | -92.8% |
| Recurring financial charges | 65 | €621 | €461 | -€159 | -25.6% |
| Non-recurring financial charges | 66B | €5,801 | - | -€5,801 | |
| Profit (loss) for the period before taxes | 9903 | €167,664 | €66,364 | -€101,300 | -60.4% |
| Income taxes | 67/77 | €26,439 | €42,640 | +€16,201 | +61.3% |
| Profit (loss) for the period | 9904 | €141,225 | €23,724 | -€117,501 | -83.2% |
| Profit (loss) for the period to be appropriated | 9905 | €141,225 | €23,724 | -€117,501 | -83.2% |
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 24 October 2026 via checked.be.