LIB: 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.
LIB
Largest movements
- Cash -€114,166
down €114,166 (-86.0%), from €132,828 to €18,662
mainly Contributions, distributions and other (-€110,000) and Other debts (-€90,000)
- Receivables within one year +€24,549
up €24,549 (+25.7%), from €95,706 to €120,255
of which Other amounts receivable: +€30,443
- Tangible fixed assets -€20,198
down €20,198 (-51.5%), from €39,241 to €19,042
- Deferred charges and accrued income -€3,347
down €3,347 (-39.8%), from €8,401 to €5,054
- Other debts -€90,000
down €90,000 (-45.0%), from €200,000 to €110,000
- Tax, wage and social debts -€36,063
down €36,063 (-62.1%), from €58,087 to €22,024
- Current portion of long-term debt +€17,609
new in 2025: €17,609
- Gross operating margin -€55,893
down €55,893 (-26.6%), from €210,351 to €154,458
- Taxes -€16,081
down €16,081 (-36.1%), from €44,526 to €28,445
- Financial income +€3,268
up €3,268 (+317263.1%), from €1 to €3,269
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 | €276,176 | €163,013 | -€113,162 | -41.0% |
| Fixed assets | 21/28 | €39,241 | €19,042 | -€20,198 | -51.5% |
| Tangible fixed assets | 22/27 | €39,241 | €19,042 | -€20,198 | -51.5% |
| Furniture and vehicles | 24 | €39,241 | €19,042 | -€20,198 | -51.5% |
| Current assets | 29/58 | €236,935 | €143,971 | -€92,964 | -39.2% |
| Amounts receivable within one year | 40/41 | €95,706 | €120,255 | +€24,549 | +25.7% |
| Trade receivables | 40 | €43,555 | €37,661 | -€5,894 | -13.5% |
| Other amounts receivable | 41 | €52,150 | €82,594 | +€30,443 | +58.4% |
| Cash at bank and in hand | 54/58 | €132,828 | €18,662 | -€114,166 | -86.0% |
| Deferred charges and accrued income | 490/1 | €8,401 | €5,054 | -€3,347 | -39.8% |
| Total equity and liabilities | 10/49 | €276,176 | €163,013 | -€113,162 | -41.0% |
| Equity | 10/15 | €10,101 | €8,013 | -€2,088 | -20.7% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,101 | €2,013 | -€2,088 | -50.9% |
| Amounts payable | 17/49 | €266,075 | €155,001 | -€111,074 | -41.7% |
| Amounts payable within one year | 42/48 | €266,075 | €155,001 | -€111,074 | -41.7% |
| Current portion of amounts payable after more than one year | 42 | - | €17,609 | +€17,609 | |
| Trade debts | 44 | €7,987 | €5,367 | -€2,620 | -32.8% |
| Suppliers | 440/4 | €7,987 | €5,367 | -€2,620 | -32.8% |
| Taxes, remuneration and social security | 45 | €58,087 | €22,024 | -€36,063 | -62.1% |
| Taxes | 450/3 | €58,087 | €22,024 | -€36,063 | -62.1% |
| Other amounts payable | 47/48 | €200,000 | €110,000 | -€90,000 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,198 | €20,198 | = | 0.0% |
| Other operating charges | 640/8 | €503 | €590 | +€87 | +17.2% |
| Gross operating margin | 9900 | €210,351 | €154,458 | -€55,893 | -26.6% |
| Operating profit (loss) | 9901 | €189,649 | €133,669 | -€55,980 | -29.5% |
| Financial income | 75/76B | €1 | €3,269 | +€3,268 | +317263.1% |
| Recurring financial income | 75 | €1 | €3,269 | +€3,268 | +317263.1% |
| Financial charges | 65/66B | €174 | €581 | +€407 | +233.9% |
| Recurring financial charges | 65 | €174 | €581 | +€407 | +233.9% |
| Profit (loss) for the period before taxes | 9903 | €189,476 | €136,357 | -€53,119 | -28.0% |
| Income taxes | 67/77 | €44,526 | €28,445 | -€16,081 | -36.1% |
| Profit (loss) for the period | 9904 | €144,950 | €107,912 | -€37,038 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €144,950 | €107,912 | -€37,038 | -25.6% |
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 11 October 2026 via checked.be.