H & B LYBAERT: what changed
What changed
H & B LYBAERT
NACE 43.341, Painting of buildings
filed annual accounts (NBB)
Net result for the year
-€68,815
2023 · -€92,598+€23,783
Equity
€90,361
2023 · €159,176-€68,815
Cash
€94
2023 · €41,930-€41,836
Balance sheet total
€454,729
2023 · €511,331-€56,602
Largest movements
Assets
- Receivables within one year +€61,173
up €61,173 (+352%), from €17,359 to €78,533
of which Trade receivables: +€62,074
- Tangible fixed assets -€45,797
down €45,797 (-11.5%), from €399,746 to €353,949
- Cash -€41,836
down €41,836 (-99.8%), from €41,930 to €94
mainly Net result for the year (-€68,815) and Receivables within one year (-€61,173)
- Stocks and contracts -€28,934
down €28,934 (-56.6%), from €51,088 to €22,154
of which Contracts in progress: -€29,000
Equity and liabilities
- Profit (loss) carried forward -€56,959
down €56,959 (-223%), from -€25,509 to -€82,468
- Other debts +€38,221
up €38,221 (+22.3%), from €171,488 to €209,710
- Debts after one year -€27,643
down €27,643 (-53.7%), from €51,489 to €23,845
- Reserves -€11,855
down €11,855 (-7.1%), from €166,093 to €154,238
of which Tax-exempt reserves: -€11,855
- Short-term financial debts +€6,437
new in 2024: €6,437
Income statement
- Staff costs -€128,862
down €128,862 (-50.5%), from €255,197 to €126,336
- Gross operating margin -€106,027
down €106,027 (-50.6%), from €209,485 to €103,458
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
-€92,598
Gross operating margin
-€106,027
Staff costs
+€128,862
Depreciation
+€485
Other operating charges
-€176
Financial income
+€991
Financial charges
-€344
Taxes
-€8
Result 2024
-€68,815
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€16,427
Investment
€0
Financing
-€25,410
Cash 2023
€41,930
From operations (derived)
-€16,427
Net result for the year
-€68,815
Depreciation
+€45,797
Stocks and contracts
+€28,934
Receivables within one year
-€61,173
Deferred charges and accrued income
+€1,209
Provisions
-€2,964
Trade debts
+€6,274
Tax, wage and social debts
-€3,910
Other debts
+€38,221
Financing
-€25,410
Debts after one year
-€27,643
Current portion of long-term debt
-€4,203
Short-term financial debts
+€6,437
Cash 2024
€94
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €511,331 | €454,729 | -€56,602 | -11.1% |
| Fixed assets | 21/28 | €399,746 | €353,949 | -€45,797 | -11.5% |
| Tangible fixed assets | 22/27 | €399,746 | €353,949 | -€45,797 | -11.5% |
| Land and buildings | 22 | €319,514 | €301,933 | -€17,581 | -5.5% |
| Plant, machinery and equipment | 23 | €33,691 | €26,831 | -€6,860 | -20.4% |
| Furniture and vehicles | 24 | €16 | €0 | -€16 | -100% |
| Leasing and similar rights | 25 | €46,524 | €25,184 | -€21,340 | -45.9% |
| Current assets | 29/58 | €111,585 | €100,780 | -€10,805 | -9.7% |
| Stocks and contracts in progress | 3 | €51,088 | €22,154 | -€28,934 | -56.6% |
| Stocks | 30/36 | €6,588 | €6,654 | +€66 | +1.0% |
| Contracts in progress | 37 | €44,500 | €15,500 | -€29,000 | -65.2% |
| Amounts receivable within one year | 40/41 | €17,359 | €78,533 | +€61,173 | +352% |
| Trade receivables | 40 | €16,202 | €78,277 | +€62,074 | +383% |
| Other amounts receivable | 41 | €1,157 | €256 | -€901 | -77.9% |
| Cash at bank and in hand | 54/58 | €41,930 | €94 | -€41,836 | -99.8% |
| Deferred charges and accrued income | 490/1 | €1,209 | €0 | -€1,209 | -100% |
| Total equity and liabilities | 10/49 | €511,331 | €454,729 | -€56,602 | -11.1% |
| Equity | 10/15 | €159,176 | €90,361 | -€68,815 | -43.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €166,093 | €154,238 | -€11,855 | -7.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €139,234 | €127,378 | -€11,855 | -8.5% |
| Distributable reserves | 133 | €25,000 | €25,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,509 | -€82,468 | -€56,959 | -223% |
| Provisions and deferred taxes | 16 | €34,808 | €31,845 | -€2,964 | -8.5% |
| Deferred taxes | 168 | €34,808 | €31,845 | -€2,964 | -8.5% |
| Amounts payable | 17/49 | €317,346 | €332,523 | +€15,176 | +4.8% |
| Amounts payable after more than one year | 17 | €51,489 | €23,845 | -€27,643 | -53.7% |
| Financial debts | 170/4 | €51,489 | €23,845 | -€27,643 | -53.7% |
| Amounts payable within one year | 42/48 | €265,858 | €308,677 | +€42,820 | +16.1% |
| Current portion of amounts payable after more than one year | 42 | €32,865 | €28,662 | -€4,203 | -12.8% |
| Financial debts | 43 | - | €6,437 | +€6,437 | |
| Credit institutions | 430/8 | - | €6,437 | +€6,437 | |
| Trade debts | 44 | €32,629 | €38,904 | +€6,274 | +19.2% |
| Suppliers | 440/4 | €32,629 | €38,904 | +€6,274 | +19.2% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €28,875 | €24,965 | -€3,910 | -13.5% |
| Taxes | 450/3 | €2,879 | €8,034 | +€5,155 | +179% |
| Remuneration and social security | 454/9 | €25,997 | €16,931 | -€9,065 | -34.9% |
| Other amounts payable | 47/48 | €171,488 | €209,710 | +€38,221 | +22.3% |
| Non-recurring operating income | 76A | €5,132 | €0 | -€5,132 | -100% |
| Remuneration, social security and pensions | 62 | €255,197 | €126,336 | -€128,862 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,282 | €45,797 | -€485 | -1.0% |
| Other operating charges | 640/8 | €821 | €997 | +€176 | +21.4% |
| Gross operating margin | 9900 | €209,485 | €103,458 | -€106,027 | -50.6% |
| Operating profit (loss) | 9901 | -€92,816 | -€69,671 | +€23,145 | +24.9% |
| Financial income | 75/76B | €1 | €991 | +€991 | +150,092% |
| Recurring financial income | 75 | €1 | €991 | +€991 | +150,092% |
| Financial charges | 65/66B | €2,615 | €2,959 | +€344 | +13.2% |
| Recurring financial charges | 65 | €2,615 | €2,959 | +€344 | +13.2% |
| Profit (loss) for the period before taxes | 9903 | -€95,430 | -€71,639 | +€23,791 | +24.9% |
| Transfer from deferred taxes | 780 | €2,964 | €2,964 | = | 0.0% |
| Income taxes | 67/77 | €132 | €140 | +€8 | +6.1% |
| Profit (loss) for the period | 9904 | -€92,598 | -€68,815 | +€23,783 | +25.7% |
| Transfer from tax-exempt reserves | 789 | €11,855 | €11,855 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,743 | -€56,959 | +€23,783 | +29.5% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.