DR. LIBERLOO: 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.
DR. LIBERLOO
Largest movements
- Cash +€262,095
up €262,095 (+494.1%), from €53,049 to €315,144
mainly Investment in fixed assets (net) (+€180,827) and Net result for the year (+€84,892)
- Tangible fixed assets -€184,557
down €184,557 (-90.9%), from €202,975 to €18,419
of which Land and buildings: -€183,197
- Reserves +€84,892
up €84,892 (+42.2%), from €201,231 to €286,124
of which Distributable reserves: +€86,752
- Other debts -€39,090
down €39,090 (-88.5%), from €44,180 to €5,089
- Tax, wage and social debts +€29,928
up €29,928 (+660.5%), from €4,531 to €34,459
- Gross operating margin +€77,607
up €77,607 (+136.8%), from €56,724 to €134,331
- Taxes +€29,928
up €29,928 (+206.0%), from €14,531 to €44,459
- Depreciation -€7,940
down €7,940 (-68.0%), from €11,670 to €3,730
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 | €262,342 | €338,428 | +€76,086 | +29.0% |
| Fixed assets | 21/28 | €202,975 | €18,419 | -€184,557 | -90.9% |
| Tangible fixed assets | 22/27 | €202,975 | €18,419 | -€184,557 | -90.9% |
| Land and buildings | 22 | €183,197 | - | -€183,197 | |
| Furniture and vehicles | 24 | €11,253 | €13,066 | +€1,813 | +16.1% |
| Other tangible fixed assets | 26 | €8,525 | €5,353 | -€3,173 | -37.2% |
| Current assets | 29/58 | €59,367 | €320,009 | +€260,642 | +439.0% |
| Amounts receivable within one year | 40/41 | €6,210 | €4,754 | -€1,456 | -23.4% |
| Trade receivables | 40 | €6,210 | €4,754 | -€1,456 | -23.4% |
| Cash at bank and in hand | 54/58 | €53,049 | €315,144 | +€262,095 | +494.1% |
| Deferred charges and accrued income | 490/1 | €108 | €111 | +€3 | +3.0% |
| Total equity and liabilities | 10/49 | €262,342 | €338,428 | +€76,086 | +29.0% |
| Equity | 10/15 | €213,631 | €298,524 | +€84,892 | +39.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €201,231 | €286,124 | +€84,892 | +42.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | €199,371 | €286,124 | +€86,752 | +43.5% |
| Amounts payable | 17/49 | €48,711 | €39,904 | -€8,807 | -18.1% |
| Amounts payable within one year | 42/48 | €48,711 | €39,904 | -€8,807 | -18.1% |
| Trade debts | 44 | - | €356 | +€356 | |
| Suppliers | 440/4 | - | €356 | +€356 | |
| Taxes, remuneration and social security | 45 | €4,531 | €34,459 | +€29,928 | +660.5% |
| Taxes | 450/3 | €4,531 | €34,459 | +€29,928 | +660.5% |
| Other amounts payable | 47/48 | €44,180 | €5,089 | -€39,090 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,670 | €3,730 | -€7,940 | -68.0% |
| Other operating charges | 640/8 | €1,458 | €1,044 | -€414 | -28.4% |
| Gross operating margin | 9900 | €56,724 | €134,331 | +€77,607 | +136.8% |
| Operating profit (loss) | 9901 | €43,597 | €129,558 | +€85,961 | +197.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €191 | €206 | +€16 | +8.2% |
| Recurring financial charges | 65 | €191 | €206 | +€16 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €43,406 | €129,351 | +€85,945 | +198.0% |
| Income taxes | 67/77 | €14,531 | €44,459 | +€29,928 | +206.0% |
| Profit (loss) for the period | 9904 | €28,875 | €84,892 | +€56,017 | +194.0% |
| Profit (loss) for the period to be appropriated | 9905 | €28,875 | €84,892 | +€56,017 | +194.0% |
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 4 October 2026 via checked.be.