EURO - LIBRA: 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.
EURO - LIBRA
Largest movements
- Cash -€21,570
down €21,570 (-63.9%), from €33,744 to €12,174
mainly Trade debts (-€35,353) and Investment in fixed assets (net) (-€33,167)
- Stocks and contracts -€18,785
down €18,785 (-12.4%), from €150,935 to €132,150
- Tangible fixed assets +€15,867
up €15,867 (+10.2%), from €155,643 to €171,510
of which Plant, machinery and equipment: +€9,174
- Receivables within one year +€7,105
up €7,105 (+10.7%), from €66,379 to €73,484
of which Trade receivables: +€12,305
- Trade debts -€35,353
down €35,353 (-93.0%), from €37,998 to €2,645
- Profit (loss) carried forward +€16,991
up €16,991 (+20.4%), from €83,273 to €100,264
- Gross operating margin +€19,221
up €19,221 (+51.5%), from €37,307 to €56,528
- Other operating charges +€14,303
up €14,303 (+1562.0%), from €916 to €15,219
- Financial charges -€4,430
down €4,430 (-92.1%), from €4,808 to €378
of which Non-recurring financial charges: -€4,786
- Taxes +€2,513
up €2,513 (+60.9%), from €4,127 to €6,639
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 | €414,939 | €396,532 | -€18,407 | -4.4% |
| Fixed assets | 21/28 | €155,715 | €171,582 | +€15,867 | +10.2% |
| Tangible fixed assets | 22/27 | €155,643 | €171,510 | +€15,867 | +10.2% |
| Land and buildings | 22 | €75,369 | €74,007 | -€1,363 | -1.8% |
| Plant, machinery and equipment | 23 | €79,536 | €88,710 | +€9,174 | +11.5% |
| Furniture and vehicles | 24 | €737 | €8,793 | +€8,056 | +1092.5% |
| Financial fixed assets | 28 | €72 | €72 | = | 0.0% |
| Current assets | 29/58 | €259,224 | €224,951 | -€34,273 | -13.2% |
| Stocks and contracts in progress | 3 | €150,935 | €132,150 | -€18,785 | -12.4% |
| Stocks | 30/36 | €150,935 | €132,150 | -€18,785 | -12.4% |
| Amounts receivable within one year | 40/41 | €66,379 | €73,484 | +€7,105 | +10.7% |
| Trade receivables | 40 | €21,573 | €33,878 | +€12,305 | +57.0% |
| Other amounts receivable | 41 | €44,806 | €39,606 | -€5,200 | -11.6% |
| Cash at bank and in hand | 54/58 | €33,744 | €12,174 | -€21,570 | -63.9% |
| Deferred charges and accrued income | 490/1 | €8,165 | €7,142 | -€1,023 | -12.5% |
| Total equity and liabilities | 10/49 | €414,939 | €396,532 | -€18,407 | -4.4% |
| Equity | 10/15 | €367,335 | €384,326 | +€16,991 | +4.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Revaluation surpluses | 12 | €40,213 | €40,213 | = | 0.0% |
| Reserves | 13 | €181,849 | €181,849 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €175,649 | €175,649 | = | 0.0% |
| Profit (loss) carried forward | 14 | €83,273 | €100,264 | +€16,991 | +20.4% |
| Amounts payable | 17/49 | €47,604 | €12,206 | -€35,398 | -74.4% |
| Amounts payable within one year | 42/48 | €47,604 | €12,206 | -€35,398 | -74.4% |
| Trade debts | 44 | €37,998 | €2,645 | -€35,353 | -93.0% |
| Suppliers | 440/4 | €37,998 | €2,645 | -€35,353 | -93.0% |
| Taxes, remuneration and social security | 45 | €9,606 | €9,561 | -€45 | -0.5% |
| Taxes | 450/3 | €9,606 | €9,561 | -€45 | -0.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,853 | €17,300 | +€447 | +2.7% |
| Other operating charges | 640/8 | €916 | €15,219 | +€14,303 | +1562.0% |
| Gross operating margin | 9900 | €37,307 | €56,528 | +€19,221 | +51.5% |
| Operating profit (loss) | 9901 | €19,538 | €24,008 | +€4,470 | +22.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,808 | €378 | -€4,430 | -92.1% |
| Recurring financial charges | 65 | €22 | €378 | +€356 | +1620.8% |
| Non-recurring financial charges | 66B | €4,786 | - | -€4,786 | |
| Profit (loss) for the period before taxes | 9903 | €14,730 | €23,630 | +€8,900 | +60.4% |
| Income taxes | 67/77 | €4,127 | €6,639 | +€2,513 | +60.9% |
| Profit (loss) for the period | 9904 | €10,604 | €16,991 | +€6,388 | +60.2% |
| Profit (loss) for the period to be appropriated | 9905 | €10,604 | €16,991 | +€6,388 | +60.2% |
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 12 October 2026 via checked.be.