L' ASSOCIATION LIBRE: 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.
L' ASSOCIATION LIBRE
Largest movements
- Tangible fixed assets -€17,472
down €17,472 (-4.3%), from €406,221 to €388,749
of which Land and buildings: -€13,328
- Cash +€9,809
up €9,809 (+28.4%), from €34,580 to €44,389
mainly Net result for the year (+€71,435) and Depreciation (+€20,826)
- Deferred charges and accrued income +€6,967
up €6,967 (+3270.9%), from €213 to €7,180
- Reserves +€71,400
up €71,400 (+22.3%), from €320,075 to €391,475
of which Distributable reserves: +€71,400
- Debts after one year -€36,233
down €36,233 (-75.4%), from €48,074 to €11,841
- Other debts -€16,649
down €16,649 (-57.2%), from €29,093 to €12,444
- Tax, wage and social debts -€11,757
down €11,757 (-28.1%), from €41,878 to €30,121
- Current portion of long-term debt -€7,280
down €7,280 (-16.7%), from €43,513 to €36,233
- Gross operating margin +€28,845
up €28,845 (+19.3%), from €149,374 to €178,219
- Taxes +€21,816
up €21,816 (+36.3%), from €60,053 to €81,869
- Other operating charges -€12,561
down €12,561 (-87.4%), from €14,373 to €1,812
- Depreciation -€2,045
down €2,045 (-8.9%), from €22,871 to €20,826
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 | €507,799 | €507,103 | -€696 | -0.1% |
| Fixed assets | 21/28 | €473,006 | €455,534 | -€17,472 | -3.7% |
| Intangible fixed assets | 21 | €66,785 | €66,785 | = | 0.0% |
| Tangible fixed assets | 22/27 | €406,221 | €388,749 | -€17,472 | -4.3% |
| Land and buildings | 22 | €336,288 | €322,960 | -€13,328 | -4.0% |
| Plant, machinery and equipment | 23 | €3,811 | €2,895 | -€916 | -24.0% |
| Furniture and vehicles | 24 | - | €3,153 | +€3,153 | |
| Other tangible fixed assets | 26 | €66,122 | €59,741 | -€6,381 | -9.7% |
| Current assets | 29/58 | €34,793 | €51,569 | +€16,776 | +48.2% |
| Cash at bank and in hand | 54/58 | €34,580 | €44,389 | +€9,809 | +28.4% |
| Deferred charges and accrued income | 490/1 | €213 | €7,180 | +€6,967 | +3270.9% |
| Total equity and liabilities | 10/49 | €507,799 | €507,103 | -€696 | -0.1% |
| Equity | 10/15 | €338,675 | €410,110 | +€71,435 | +21.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €320,075 | €391,475 | +€71,400 | +22.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €318,215 | €389,615 | +€71,400 | +22.4% |
| Profit (loss) carried forward | 14 | - | €35 | +€35 | |
| Amounts payable | 17/49 | €169,124 | €96,993 | -€72,131 | -42.6% |
| Amounts payable after more than one year | 17 | €48,074 | €11,841 | -€36,233 | -75.4% |
| Financial debts | 170/4 | €48,074 | €11,841 | -€36,233 | -75.4% |
| Amounts payable within one year | 42/48 | €121,050 | €85,152 | -€35,898 | -29.7% |
| Current portion of amounts payable after more than one year | 42 | €43,513 | €36,233 | -€7,280 | -16.7% |
| Trade debts | 44 | €6,566 | €6,354 | -€212 | -3.2% |
| Suppliers | 440/4 | €6,566 | €6,354 | -€212 | -3.2% |
| Taxes, remuneration and social security | 45 | €41,878 | €30,121 | -€11,757 | -28.1% |
| Taxes | 450/3 | €41,878 | €30,121 | -€11,757 | -28.1% |
| Other amounts payable | 47/48 | €29,093 | €12,444 | -€16,649 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,871 | €20,826 | -€2,045 | -8.9% |
| Other operating charges | 640/8 | €14,373 | €1,812 | -€12,561 | -87.4% |
| Gross operating margin | 9900 | €149,374 | €178,219 | +€28,845 | +19.3% |
| Operating profit (loss) | 9901 | €112,130 | €155,581 | +€43,451 | +38.8% |
| Financial income | 75/76B | €12 | €1 | -€11 | -91.7% |
| Recurring financial income | 75 | €12 | €1 | -€11 | -91.7% |
| Financial charges | 65/66B | €3,740 | €2,278 | -€1,462 | -39.1% |
| Recurring financial charges | 65 | €3,740 | €2,278 | -€1,462 | -39.1% |
| Profit (loss) for the period before taxes | 9903 | €108,402 | €153,304 | +€44,902 | +41.4% |
| Income taxes | 67/77 | €60,053 | €81,869 | +€21,816 | +36.3% |
| Profit (loss) for the period | 9904 | €48,349 | €71,435 | +€23,086 | +47.7% |
| Profit (loss) for the period to be appropriated | 9905 | €48,349 | €71,435 | +€23,086 | +47.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.