VZW De Lieve: 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.
VZW De Lieve
Largest movements
- Receivables within one year +€2.1m
up €2.1m (+33.7%), from €6.1m to €8.2m
of which Other amounts receivable: +€2.0m
- Cash -€283,178
down €283,178 (-73.1%), from €387,509 to €104,331
mainly Receivables within one year (-€2.1m)
- Profit (loss) carried forward +€1.6m
up €1.6m (+24.5%), from €6.5m to €8.1m
- Debts within one year +€139,816
up €139,816 (+116%), from €120,403 to €260,219
No income-statement line moved by more than 1% of the activity.
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 | €7,101,985 | €8,832,850 | +€1.7m | +24.4% |
| Fixed assets | 21/28 | €556,078 | €508,155 | -€47,924 | -8.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €556,078 | €508,155 | -€47,924 | -8.6% |
| Land and buildings | 22 | €464,716 | €436,040 | -€28,676 | -6.2% |
| Plant, machinery and equipment | 23 | €259 | €0 | -€259 | -100% |
| Furniture and vehicles | 24 | €1,802 | €1,404 | -€397 | -22.0% |
| Other tangible fixed assets | 26 | €89,301 | €70,711 | -€18,591 | -20.8% |
| Current assets | 29/58 | €6,545,907 | €8,324,695 | +€1.8m | +27.2% |
| Amounts receivable within one year | 40/41 | €6,147,041 | €8,220,364 | +€2.1m | +33.7% |
| Trade receivables | 40 | €198,302 | €304,021 | +€105,718 | +53.3% |
| Other amounts receivable | 41 | €5,948,739 | €7,916,343 | +€2.0m | +33.1% |
| Cash at bank and in hand | 54/58 | €387,509 | €104,331 | -€283,178 | -73.1% |
| Deferred charges and accrued income | 490/1 | €11,357 | €0 | -€11,357 | -100% |
| Total equity and liabilities | 10/49 | €7,101,985 | €8,832,850 | +€1.7m | +24.4% |
| Equity | 10/15 | €6,981,583 | €8,572,631 | +€1.6m | +22.8% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,481,583 | €8,072,631 | +€1.6m | +24.5% |
| Amounts payable | 17/49 | €120,403 | €260,219 | +€139,816 | +116% |
| Amounts payable within one year | 42/48 | €120,403 | €260,219 | +€139,816 | +116% |
| Trade debts | 44 | €71,846 | €84,947 | +€13,101 | +18.2% |
| Suppliers | 440/4 | €71,846 | €84,947 | +€13,101 | +18.2% |
| Taxes, remuneration and social security | 45 | €48,557 | €40,291 | -€8,266 | -17.0% |
| Taxes | 450/3 | €7,401 | €3,535 | -€3,866 | -52.2% |
| Remuneration and social security | 454/9 | €41,156 | €36,757 | -€4,400 | -10.7% |
| Non-recurring operating income | 76A | €2,075,666 | €2,039,123 | -€36,544 | -1.8% |
| Remuneration, social security and pensions | 62 | €317,501 | €314,628 | -€2,873 | -0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,161 | €47,924 | -€1,238 | -2.5% |
| Other operating charges | 640/8 | €3,549 | €2,868 | -€681 | -19.2% |
| Non-recurring operating charges | 66A | €24,399 | €439,829 | +€415,430 | +1,703% |
| Gross operating margin | 9900 | €2,404,487 | €2,396,278 | -€8,209 | -0.3% |
| Operating profit (loss) | 9901 | €2,009,876 | €1,591,030 | -€418,847 | -20.8% |
| Financial income | 75/76B | €1 | €99 | +€98 | +16,062% |
| Recurring financial income | 75 | €1 | €99 | +€98 | +16,062% |
| Financial charges | 65/66B | €1,109 | €80 | -€1,029 | -92.8% |
| Recurring financial charges | 65 | €1,109 | €80 | -€1,029 | -92.8% |
| Profit (loss) for the period before taxes | 9903 | €2,008,768 | €1,591,049 | -€417,720 | -20.8% |
| Profit (loss) for the period | 9904 | €2,008,768 | €1,591,049 | -€417,720 | -20.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,008,768 | €1,591,049 | -€417,720 | -20.8% |
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 28 October 2026 via checked.be.