DE LIBOIS: 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.
DE LIBOIS
Largest movements
- Tangible fixed assets -€91,183
down €91,183 (-9.0%), from €1.0m to €919,009
of which Land and buildings: -€73,500
- Receivables within one year -€67,007
down €67,007 (-24.5%), from €273,482 to €206,476
of which Trade receivables: -€69,246
- Cash -€56,810
down €56,810 (-7.5%), from €757,368 to €700,558
mainly Contributions, distributions and other (-€196,725) and Tax, wage and social debts (-€30,774)
- Reserves -€158,306
down €158,306 (-7.7%), from €2.0m to €1.9m
of which Distributable reserves: -€109,150
- Gross operating margin -€213,103
down €213,103 (-62.2%), from €342,713 to €129,611
- Taxes -€57,854
down €57,854 (-63.8%), from €90,738 to €32,884
- Financial income +€35,302
up €35,302 (+657.3%), from €5,371 to €40,673
of which Financial income: +€29,409
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,384,103 | €3,168,775 | -€215,329 | -6.4% |
| Fixed assets | 21/28 | €1,609,953 | €1,518,770 | -€91,183 | -5.7% |
| Tangible fixed assets | 22/27 | €1,010,192 | €919,009 | -€91,183 | -9.0% |
| Land and buildings | 22 | €950,062 | €876,562 | -€73,500 | -7.7% |
| Furniture and vehicles | 24 | €60,131 | €42,447 | -€17,683 | -29.4% |
| Financial fixed assets | 28 | €599,761 | €599,761 | = | 0.0% |
| Current assets | 29/58 | €1,774,150 | €1,650,004 | -€124,146 | -7.0% |
| Amounts receivable within one year | 40/41 | €273,482 | €206,476 | -€67,007 | -24.5% |
| Trade receivables | 40 | €238,027 | €168,781 | -€69,246 | -29.1% |
| Other amounts receivable | 41 | €35,456 | €37,695 | +€2,239 | +6.3% |
| Current investments | 50/53 | €741,600 | €740,480 | -€1,120 | -0.2% |
| Cash at bank and in hand | 54/58 | €757,368 | €700,558 | -€56,810 | -7.5% |
| Deferred charges and accrued income | 490/1 | €1,700 | €2,491 | +€791 | +46.6% |
| Total equity and liabilities | 10/49 | €3,384,103 | €3,168,775 | -€215,329 | -6.4% |
| Equity | 10/15 | €3,127,495 | €2,966,008 | -€161,487 | -5.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,048,847 | €1,890,541 | -€158,306 | -7.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €472,859 | €423,702 | -€49,157 | -10.4% |
| Distributable reserves | 133 | €1,569,789 | €1,460,639 | -€109,150 | -7.0% |
| Profit (loss) carried forward | 14 | €979,344 | €979,344 | = | 0.0% |
| Investment grants | 15 | €37,304 | €34,123 | -€3,181 | -8.5% |
| Provisions and deferred taxes | 16 | €157,953 | €141,567 | -€16,386 | -10.4% |
| Deferred taxes | 168 | €157,953 | €141,567 | -€16,386 | -10.4% |
| Amounts payable | 17/49 | €98,655 | €61,199 | -€37,456 | -38.0% |
| Amounts payable within one year | 42/48 | €97,590 | €60,690 | -€36,900 | -37.8% |
| Trade debts | 44 | €49,018 | €41,617 | -€7,401 | -15.1% |
| Suppliers | 440/4 | €49,018 | €41,617 | -€7,401 | -15.1% |
| Taxes, remuneration and social security | 45 | €47,383 | €16,609 | -€30,774 | -64.9% |
| Taxes | 450/3 | €44,447 | €13,628 | -€30,820 | -69.3% |
| Remuneration and social security | 454/9 | €2,935 | €2,981 | +€46 | +1.6% |
| Other amounts payable | 47/48 | €1,189 | €2,464 | +€1,275 | +107.3% |
| Accrued charges and deferred income | 492/3 | €1,066 | €509 | -€556 | -52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €90,818 | €91,183 | +€365 | +0.4% |
| Other operating charges | 640/8 | €23,879 | €24,821 | +€942 | +3.9% |
| Non-recurring operating charges | 66A | - | €85 | +€85 | |
| Gross operating margin | 9900 | €342,713 | €129,611 | -€213,103 | -62.2% |
| Operating profit (loss) | 9901 | €228,016 | €13,522 | -€214,495 | -94.1% |
| Financial income | 75/76B | €5,371 | €40,673 | +€35,302 | +657.3% |
| Recurring financial income | 75 | €5,371 | €34,780 | +€29,409 | +547.5% |
| Non-recurring financial income | 76B | - | €5,893 | +€5,893 | |
| Financial charges | 65/66B | €1,055 | €2,458 | +€1,403 | +133.0% |
| Recurring financial charges | 65 | €1,055 | €2,458 | +€1,403 | +133.0% |
| Profit (loss) for the period before taxes | 9903 | €232,333 | €51,736 | -€180,596 | -77.7% |
| Transfer from deferred taxes | 780 | €16,386 | €16,386 | = | 0.0% |
| Income taxes | 67/77 | €90,738 | €32,884 | -€57,854 | -63.8% |
| Profit (loss) for the period | 9904 | €157,980 | €35,238 | -€122,742 | -77.7% |
| Transfer from tax-exempt reserves | 789 | €49,157 | €49,157 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €207,137 | €84,395 | -€122,742 | -59.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.