LIBELCO Health: what changed
LIBELCO Health
Largest movements
- Receivables within one year +€24,363
up €24,363 (+183%), from €13,310 to €37,673
of which Trade receivables: +€24,363
- Cash -€16,128
down €16,128 (-37.4%), from €43,128 to €27,001
mainly Receivables within one year (-€24,363) and Contributions, distributions and other (-€1,600)
- Tangible fixed assets -€4,349
down €4,349 (-30.4%), from €14,325 to €9,976
of which Furniture and vehicles: -€3,302
- Deferred charges and accrued income -€2,038
down €2,038 (-56.9%), from €3,583 to €1,544
- Other debts +€2,544
up €2,544 (+36.7%), from €6,928 to €9,472
- Reserves -€1,026
down €1,026 (-2.1%), from €47,862 to €46,836
- Tax, wage and social debts +€967
up €967 (+12.7%), from €7,606 to €8,573
of which Taxes: +€967
- Depreciation +€2,662
up €2,662 (+158%), from €1,687 to €4,349
- Taxes -€709
down €709 (-35.1%), from €2,022 to €1,313
- Other operating charges +€705
up €705 (+445%), from €159 to €863
- Gross operating margin +€330
up €330 (+4.7%), from €6,953 to €7,283
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €74,346 | €76,194 | +€1,848 | +2.5% |
| Fixed assets | 21/28 | €14,325 | €9,976 | -€4,349 | -30.4% |
| Tangible fixed assets | 22/27 | €14,325 | €9,976 | -€4,349 | -30.4% |
| Plant, machinery and equipment | 23 | €2,731 | €1,684 | -€1,047 | -38.3% |
| Furniture and vehicles | 24 | €11,594 | €8,292 | -€3,302 | -28.5% |
| Current assets | 29/58 | €60,021 | €66,218 | +€6,197 | +10.3% |
| Amounts receivable within one year | 40/41 | €13,310 | €37,673 | +€24,363 | +183% |
| Trade receivables | 40 | €13,310 | €37,673 | +€24,363 | +183% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €43,128 | €27,001 | -€16,128 | -37.4% |
| Deferred charges and accrued income | 490/1 | €3,583 | €1,544 | -€2,038 | -56.9% |
| Total equity and liabilities | 10/49 | €74,346 | €76,194 | +€1,848 | +2.5% |
| Equity | 10/15 | €57,862 | €56,836 | -€1,026 | -1.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €47,862 | €46,836 | -€1,026 | -2.1% |
| Distributable reserves | 133 | €47,862 | €46,836 | -€1,026 | -2.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €16,484 | €19,358 | +€2,874 | +17.4% |
| Amounts payable within one year | 42/48 | €16,484 | €19,358 | +€2,874 | +17.4% |
| Trade debts | 44 | €1,950 | €1,314 | -€636 | -32.6% |
| Suppliers | 440/4 | €1,950 | €1,314 | -€636 | -32.6% |
| Taxes, remuneration and social security | 45 | €7,606 | €8,573 | +€967 | +12.7% |
| Taxes | 450/3 | €7,606 | €8,573 | +€967 | +12.7% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €6,928 | €9,472 | +€2,544 | +36.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,687 | €4,349 | +€2,662 | +158% |
| Other operating charges | 640/8 | €159 | €863 | +€705 | +445% |
| Gross operating margin | 9900 | €6,953 | €7,283 | +€330 | +4.7% |
| Operating profit (loss) | 9901 | €5,107 | €2,071 | -€3,037 | -59.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €244 | €184 | -€60 | -24.6% |
| Recurring financial charges | 65 | €244 | €184 | -€60 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | €4,863 | €1,887 | -€2,977 | -61.2% |
| Income taxes | 67/77 | €2,022 | €1,313 | -€709 | -35.1% |
| Profit (loss) for the period | 9904 | €2,841 | €574 | -€2,268 | -79.8% |
| Profit (loss) for the period to be appropriated | 9905 | €2,841 | €574 | -€2,268 | -79.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.