LIBAGRI: 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.
LIBAGRI
Largest movements
- Tangible fixed assets +€158,401
up €158,401 (+4539.3%), from €3,490 to €161,891
- Cash +€35,384
up €35,384 (+144.7%), from €24,448 to €59,832
mainly Debts after one year (+€91,143) and Other debts (+€35,000)
- Receivables within one year -€2,626
down €2,626 (-9.0%), from €29,324 to €26,698
- Debts after one year +€91,143
new in 2025: €91,143
- Other debts +€35,000
up €35,000 (+45.9%), from €76,277 to €111,277
- Reserves +€24,975
new in 2025: €24,975
- Current portion of long-term debt +€13,488
up €13,488 (+168.6%), from €8,000 to €21,488
- Profit (loss) carried forward +€8,592
up €8,592 (+18.6%), from -€46,155 to -€37,563
- Gross operating margin +€42,257
up €42,257 (+254.6%), from €16,595 to €58,852
- Depreciation +€3,902
up €3,902 (+33.4%), from €11,696 to €15,599
- Financial charges +€753
up €753 (+361.3%), from €209 to €962
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 | €57,964 | €249,190 | +€191,226 | +329.9% |
| Fixed assets | 21/28 | €3,490 | €161,891 | +€158,401 | +4539.3% |
| Tangible fixed assets | 22/27 | €3,490 | €161,891 | +€158,401 | +4539.3% |
| Plant, machinery and equipment | 23 | €3,490 | €161,891 | +€158,401 | +4539.3% |
| Current assets | 29/58 | €54,474 | €87,299 | +€32,825 | +60.3% |
| Amounts receivable within one year | 40/41 | €29,324 | €26,698 | -€2,626 | -9.0% |
| Trade receivables | 40 | €29,324 | €26,698 | -€2,626 | -9.0% |
| Cash at bank and in hand | 54/58 | €24,448 | €59,832 | +€35,384 | +144.7% |
| Deferred charges and accrued income | 490/1 | €702 | €769 | +€67 | +9.5% |
| Total equity and liabilities | 10/49 | €57,964 | €249,190 | +€191,226 | +329.9% |
| Equity | 10/15 | -€27,605 | €5,962 | +€33,567 | |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | - | €24,975 | +€24,975 | |
| Tax-exempt reserves | 132 | - | €24,975 | +€24,975 | |
| Profit (loss) carried forward | 14 | -€46,155 | -€37,563 | +€8,592 | +18.6% |
| Provisions and deferred taxes | 16 | - | €8,325 | +€8,325 | |
| Deferred taxes | 168 | - | €8,325 | +€8,325 | |
| Amounts payable | 17/49 | €85,568 | €234,903 | +€149,334 | +174.5% |
| Amounts payable after more than one year | 17 | - | €91,143 | +€91,143 | |
| Financial debts | 170/4 | - | €91,143 | +€91,143 | |
| Amounts payable within one year | 42/48 | €85,568 | €143,759 | +€58,191 | +68.0% |
| Current portion of amounts payable after more than one year | 42 | €8,000 | €21,488 | +€13,488 | +168.6% |
| Trade debts | 44 | €848 | €4,143 | +€3,295 | +388.7% |
| Suppliers | 440/4 | €848 | €4,143 | +€3,295 | +388.7% |
| Taxes, remuneration and social security | 45 | €444 | €6,852 | +€6,408 | +1442.9% |
| Taxes | 450/3 | €444 | €4,723 | +€4,279 | +963.5% |
| Remuneration and social security | 454/9 | - | €2,129 | +€2,129 | |
| Other amounts payable | 47/48 | €76,277 | €111,277 | +€35,000 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,696 | €15,599 | +€3,902 | +33.4% |
| Other operating charges | 640/8 | €494 | €400 | -€94 | -19.0% |
| Gross operating margin | 9900 | €16,595 | €58,852 | +€42,257 | +254.6% |
| Operating profit (loss) | 9901 | €4,405 | €42,854 | +€38,449 | +872.9% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €209 | €962 | +€753 | +361.3% |
| Recurring financial charges | 65 | €209 | €962 | +€753 | +361.3% |
| Profit (loss) for the period before taxes | 9903 | €4,196 | €41,892 | +€37,696 | +898.3% |
| Transfer from deferred taxes | 780 | - | €925 | +€925 | |
| Transfer to deferred taxes | 680 | - | €9,250 | +€9,250 | |
| Income taxes | 67/77 | €0 | €0 | = | 0.0% |
| Profit (loss) for the period | 9904 | €4,196 | €33,567 | +€29,371 | +699.9% |
| Transfer from tax-exempt reserves | 789 | - | €2,775 | +€2,775 | |
| Transfer to tax-exempt reserves | 689 | - | €27,750 | +€27,750 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,196 | €8,592 | +€4,396 | +104.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.