Libbrecht Technics: 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.
Libbrecht Technics
Largest movements
- Cash +€42,185
up €42,185 (+485.7%), from €8,685 to €50,870
mainly Other debts (+€111,993) and Net result for the year (+€33,698)
- Receivables within one year -€17,776
down €17,776 (-7.1%), from €250,472 to €232,696
of which Trade receivables: -€17,465
- Tangible fixed assets -€5,091
down €5,091 (-34.8%), from €14,609 to €9,518
- Other debts +€111,993
up €111,993 (+151.1%), from €74,135 to €186,129
- Reserves -€76,971
down €76,971 (-52.7%), from €146,108 to €69,136
- Trade debts -€7,910
down €7,910 (-38.1%), from €20,784 to €12,874
- Current portion of long-term debt -€5,205
down €5,205 (-83.2%), from €6,252 to €1,048
- Gross operating margin +€53,999
up €53,999, from -€5,928 to €48,071
- Financial income -€15,559
no longer reported in 2025 (was €15,559)
of which Non-recurring financial income: -€13,665
- Taxes +€8,609
up €8,609 (+2906.5%), from €296 to €8,905
- Depreciation -€3,473
down €3,473 (-40.6%), from €8,564 to €5,091
- Financial charges -€752
down €752 (-75.1%), from €1,001 to €249
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 | €274,325 | €293,647 | +€19,323 | +7.0% |
| Fixed assets | 21/28 | €14,609 | €9,518 | -€5,091 | -34.8% |
| Tangible fixed assets | 22/27 | €14,609 | €9,518 | -€5,091 | -34.8% |
| Plant, machinery and equipment | 23 | €14,609 | €9,518 | -€5,091 | -34.8% |
| Current assets | 29/58 | €259,716 | €284,129 | +€24,414 | +9.4% |
| Amounts receivable within one year | 40/41 | €250,472 | €232,696 | -€17,776 | -7.1% |
| Trade receivables | 40 | €212,585 | €195,120 | -€17,465 | -8.2% |
| Other amounts receivable | 41 | €37,887 | €37,576 | -€311 | -0.8% |
| Cash at bank and in hand | 54/58 | €8,685 | €50,870 | +€42,185 | +485.7% |
| Deferred charges and accrued income | 490/1 | €559 | €563 | +€5 | +0.8% |
| Total equity and liabilities | 10/49 | €274,325 | €293,647 | +€19,323 | +7.0% |
| Equity | 10/15 | €160,439 | €84,136 | -€76,302 | -47.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €146,108 | €69,136 | -€76,971 | -52.7% |
| Distributable reserves | 133 | €146,108 | €69,136 | -€76,971 | -52.7% |
| Profit (loss) carried forward | 14 | -€669 | - | +€669 | |
| Amounts payable | 17/49 | €113,886 | €209,511 | +€95,625 | +84.0% |
| Amounts payable after more than one year | 17 | €1,048 | - | -€1,048 | |
| Financial debts | 170/4 | €1,048 | - | -€1,048 | |
| Amounts payable within one year | 42/48 | €112,838 | €209,511 | +€96,673 | +85.7% |
| Current portion of amounts payable after more than one year | 42 | €6,252 | €1,048 | -€5,205 | -83.2% |
| Trade debts | 44 | €20,784 | €12,874 | -€7,910 | -38.1% |
| Suppliers | 440/4 | €20,784 | €12,874 | -€7,910 | -38.1% |
| Taxes, remuneration and social security | 45 | €11,667 | €9,460 | -€2,207 | -18.9% |
| Taxes | 450/3 | €7,667 | €5,460 | -€2,207 | -28.8% |
| Remuneration and social security | 454/9 | €4,000 | €4,000 | = | 0.0% |
| Other amounts payable | 47/48 | €74,135 | €186,129 | +€111,993 | +151.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,564 | €5,091 | -€3,473 | -40.6% |
| Other operating charges | 640/8 | €438 | €128 | -€310 | -70.8% |
| Gross operating margin | 9900 | -€5,928 | €48,071 | +€53,999 | |
| Operating profit (loss) | 9901 | -€14,931 | €42,852 | +€57,782 | |
| Financial income | 75/76B | €15,559 | - | -€15,559 | |
| Recurring financial income | 75 | €1,894 | - | -€1,894 | |
| Non-recurring financial income | 76B | €13,665 | - | -€13,665 | |
| Financial charges | 65/66B | €1,001 | €249 | -€752 | -75.1% |
| Recurring financial charges | 65 | €1,001 | €249 | -€752 | -75.1% |
| Profit (loss) for the period before taxes | 9903 | -€373 | €42,603 | +€42,976 | |
| Income taxes | 67/77 | €296 | €8,905 | +€8,609 | +2906.5% |
| Profit (loss) for the period | 9904 | -€669 | €33,698 | +€34,367 | |
| Profit (loss) for the period to be appropriated | 9905 | -€669 | €33,698 | +€34,367 |
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 8 October 2026 via checked.be.