LiBarCo: 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.
LiBarCo
Largest movements
- Cash +€55,604
up €55,604 (+42.4%), from €131,260 to €186,865
mainly Net result for the year (+€65,243) and Receivables within one year (+€13,613)
- Receivables within one year -€13,613
down €13,613 (-91.6%), from €14,858 to €1,246
of which Trade receivables: -€13,613
- Reserves +€40,243
up €40,243 (+22.7%), from €177,577 to €217,820
- Gross operating margin +€8,424
up €8,424 (+11.1%), from €75,817 to €84,241
- Taxes +€5,404
up €5,404 (+33.0%), from €16,401 to €21,805
- Financial income +€3,603
up €3,603 (+740%), from €487 to €4,090
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.
Derived cash bridge
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 | €190,897 | €232,100 | +€41,204 | +21.6% |
| Fixed assets | 21/28 | €3,214 | €2,414 | -€800 | -24.9% |
| Tangible fixed assets | 22/27 | €3,214 | €2,414 | -€800 | -24.9% |
| Furniture and vehicles | 24 | €3,214 | €2,414 | -€800 | -24.9% |
| Current assets | 29/58 | €187,682 | €229,686 | +€42,004 | +22.4% |
| Amounts receivable within one year | 40/41 | €14,858 | €1,246 | -€13,613 | -91.6% |
| Trade receivables | 40 | €13,613 | - | -€13,613 | |
| Other amounts receivable | 41 | €1,246 | €1,246 | = | 0.0% |
| Current investments | 50/53 | €40,000 | €40,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €131,260 | €186,865 | +€55,604 | +42.4% |
| Deferred charges and accrued income | 490/1 | €1,564 | €1,576 | +€12 | +0.8% |
| Total equity and liabilities | 10/49 | €190,897 | €232,100 | +€41,204 | +21.6% |
| Equity | 10/15 | €178,577 | €218,820 | +€40,243 | +22.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €177,577 | €217,820 | +€40,243 | +22.7% |
| Distributable reserves | 133 | €177,577 | €217,820 | +€40,243 | +22.7% |
| Amounts payable | 17/49 | €12,319 | €13,280 | +€961 | +7.8% |
| Amounts payable within one year | 42/48 | €12,319 | €13,280 | +€961 | +7.8% |
| Trade debts | 44 | €2,414 | €2,253 | -€161 | -6.7% |
| Suppliers | 440/4 | €2,414 | €2,253 | -€161 | -6.7% |
| Taxes, remuneration and social security | 45 | €9,629 | €10,939 | +€1,310 | +13.6% |
| Taxes | 450/3 | €9,629 | €10,939 | +€1,310 | +13.6% |
| Other amounts payable | 47/48 | €277 | €88 | -€188 | -68.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €787 | €800 | +€13 | +1.7% |
| Other operating charges | 640/8 | €377 | €389 | +€12 | +3.1% |
| Gross operating margin | 9900 | €75,817 | €84,241 | +€8,424 | +11.1% |
| Operating profit (loss) | 9901 | €74,652 | €83,052 | +€8,399 | +11.3% |
| Financial income | 75/76B | €487 | €4,090 | +€3,603 | +740% |
| Recurring financial income | 75 | €487 | €4,090 | +€3,603 | +740% |
| Financial charges | 65/66B | €99 | €94 | -€5 | -4.6% |
| Recurring financial charges | 65 | €99 | €94 | -€5 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €75,041 | €87,047 | +€12,007 | +16.0% |
| Income taxes | 67/77 | €16,401 | €21,805 | +€5,404 | +33.0% |
| Profit (loss) for the period | 9904 | €58,640 | €65,243 | +€6,603 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,640 | €65,243 | +€6,603 | +11.3% |
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 14 October 2026 via checked.be.