LIBELSON: 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.
LIBELSON
Largest movements
- Tangible fixed assets -€6,249
down €6,249 (-14.4%), from €43,537 to €37,288
of which Land and buildings: -€4,000
- Cash +€3,708
up €3,708 (+100.8%), from €3,679 to €7,387
mainly Depreciation (+€7,125) and Debts after one year (+€7,100)
- Other debts -€12,280
down €12,280 (-14.3%), from €85,962 to €73,682
- Debts after one year +€7,100
new in 2024: €7,100
- Profit (loss) carried forward +€6,161
up €6,161 (+4.1%), from -€149,525 to -€143,364
- Trade debts -€3,601
down €3,601 (-78.2%), from €4,605 to €1,004
- Gross operating margin +€2,028
up €2,028 (+12.8%), from €15,797 to €17,825
- Depreciation +€796
up €796 (+12.6%), from €6,330 to €7,125
- Taxes +€316
up €316 (+18.3%), from €1,730 to €2,046
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €51,042 | €48,724 | -€2,319 | -4.5% |
| Fixed assets | 21/28 | €43,956 | €37,707 | -€6,249 | -14.2% |
| Tangible fixed assets | 22/27 | €43,537 | €37,288 | -€6,249 | -14.4% |
| Land and buildings | 22 | €24,000 | €20,000 | -€4,000 | -16.7% |
| Plant, machinery and equipment | 23 | €14,745 | €12,808 | -€1,938 | -13.1% |
| Furniture and vehicles | 24 | €4,792 | €4,481 | -€311 | -6.5% |
| Financial fixed assets | 28 | €419 | €419 | = | 0.0% |
| Current assets | 29/58 | €7,087 | €11,017 | +€3,930 | +55.5% |
| Amounts receivable within one year | 40/41 | €3,408 | €3,630 | +€222 | +6.5% |
| Other amounts receivable | 41 | €3,408 | €3,630 | +€222 | +6.5% |
| Cash at bank and in hand | 54/58 | €3,679 | €7,387 | +€3,708 | +100.8% |
| Total equity and liabilities | 10/49 | €51,042 | €48,724 | -€2,319 | -4.5% |
| Equity | 10/15 | -€39,525 | -€33,364 | +€6,161 | +15.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€149,525 | -€143,364 | +€6,161 | +4.1% |
| Amounts payable | 17/49 | €90,567 | €82,088 | -€8,479 | -9.4% |
| Amounts payable after more than one year | 17 | - | €7,100 | +€7,100 | |
| Other amounts payable | 178/9 | - | €7,100 | +€7,100 | |
| Amounts payable within one year | 42/48 | €90,567 | €74,988 | -€15,579 | -17.2% |
| Trade debts | 44 | €4,605 | €1,004 | -€3,601 | -78.2% |
| Suppliers | 440/4 | €4,605 | €1,004 | -€3,601 | -78.2% |
| Taxes, remuneration and social security | 45 | - | €302 | +€302 | |
| Taxes | 450/3 | - | €302 | +€302 | |
| Other amounts payable | 47/48 | €85,962 | €73,682 | -€12,280 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,330 | €7,125 | +€796 | +12.6% |
| Other operating charges | 640/8 | €2,569 | €2,660 | +€91 | +3.6% |
| Gross operating margin | 9900 | €15,797 | €17,825 | +€2,028 | +12.8% |
| Operating profit (loss) | 9901 | €6,898 | €8,039 | +€1,141 | +16.5% |
| Financial income | 75/76B | €83 | €227 | +€144 | +173.0% |
| Recurring financial income | 75 | €83 | €227 | +€144 | +173.0% |
| Financial charges | 65/66B | €128 | €59 | -€69 | -53.6% |
| Recurring financial charges | 65 | €128 | €59 | -€69 | -53.6% |
| Profit (loss) for the period before taxes | 9903 | €6,854 | €8,207 | +€1,354 | +19.7% |
| Income taxes | 67/77 | €1,730 | €2,046 | +€316 | +18.3% |
| Profit (loss) for the period | 9904 | €5,124 | €6,161 | +€1,037 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,124 | €6,161 | +€1,037 | +20.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.