Libasse Ka Paintings: 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.
Libasse Ka Paintings
Largest movements
- Receivables within one year +€211,980
up €211,980 (+310%), from €68,388 to €280,368
of which Other amounts receivable: +€160,073
- Cash +€6,237
up €6,237 (+78.0%), from €8,000 to €14,237
mainly Net result for the year (+€137,843) and Tax, wage and social debts (+€40,470)
- Deferred charges and accrued income +€4,779
up €4,779 (+3,942%), from €121 to €4,900
- Reserves +€137,843
up €137,843 (+263%), from €52,317 to €190,159
- Tax, wage and social debts +€40,470
up €40,470 (+304%), from €13,297 to €53,767
- Trade debts +€25,428
up €25,428 (+431%), from €5,896 to €31,324
- Advances received +€10,842
new in 2025: €10,842
- Accrued charges and deferred income +€8,413
new in 2025: €8,413
- Gross operating margin +€110,350
up €110,350 (+169%), from €65,299 to €175,649
- Taxes +€26,980
up €26,980 (+206%), from €13,104 to €40,084
- Financial income +€7,345
up €7,345 (+6,059%), from €121 to €7,466
- Financial charges +€5,188
new in 2025: €5,188
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 | €76,509 | €299,505 | +€222,996 | +291% |
| Current assets | 29/58 | €76,509 | €299,505 | +€222,996 | +291% |
| Amounts receivable within one year | 40/41 | €68,388 | €280,368 | +€211,980 | +310% |
| Trade receivables | 40 | €58,085 | €109,991 | +€51,907 | +89.4% |
| Other amounts receivable | 41 | €10,303 | €170,376 | +€160,073 | +1,554% |
| Cash at bank and in hand | 54/58 | €8,000 | €14,237 | +€6,237 | +78.0% |
| Deferred charges and accrued income | 490/1 | €121 | €4,900 | +€4,779 | +3,942% |
| Total equity and liabilities | 10/49 | €76,509 | €299,505 | +€222,996 | +291% |
| Equity | 10/15 | €57,317 | €195,159 | +€137,843 | +240% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,317 | €190,159 | +€137,843 | +263% |
| Distributable reserves | 133 | €52,317 | €190,159 | +€137,843 | +263% |
| Amounts payable | 17/49 | €19,193 | €104,345 | +€85,153 | +444% |
| Amounts payable within one year | 42/48 | €19,193 | €95,933 | +€76,740 | +400% |
| Trade debts | 44 | €5,896 | €31,324 | +€25,428 | +431% |
| Suppliers | 440/4 | €5,896 | €31,324 | +€25,428 | +431% |
| Advances received on contracts in progress | 46 | - | €10,842 | +€10,842 | |
| Taxes, remuneration and social security | 45 | €13,297 | €53,767 | +€40,470 | +304% |
| Taxes | 450/3 | €13,297 | €53,767 | +€40,470 | +304% |
| Accrued charges and deferred income | 492/3 | - | €8,413 | +€8,413 | |
| Gross operating margin | 9900 | €65,299 | €175,649 | +€110,350 | +169% |
| Operating profit (loss) | 9901 | €65,299 | €175,649 | +€110,350 | +169% |
| Financial income | 75/76B | €121 | €7,466 | +€7,345 | +6,059% |
| Recurring financial income | 75 | €121 | €7,466 | +€7,345 | +6,059% |
| Financial charges | 65/66B | - | €5,188 | +€5,188 | |
| Recurring financial charges | 65 | - | €5,188 | +€5,188 | |
| Profit (loss) for the period before taxes | 9903 | €65,421 | €177,927 | +€112,506 | +172% |
| Income taxes | 67/77 | €13,104 | €40,084 | +€26,980 | +206% |
| Profit (loss) for the period | 9904 | €52,317 | €137,843 | +€85,526 | +163% |
| Profit (loss) for the period to be appropriated | 9905 | €52,317 | €137,843 | +€85,526 | +163% |
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 31 October 2026 via checked.be.