Liber Construct: 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.
Liber Construct
Largest movements
- Receivables within one year +€30,014
up €30,014 (+21.7%), from €138,425 to €168,439
of which Trade receivables: +€25,394
- Deferred charges and accrued income +€9,624
up €9,624 (+287.7%), from €3,345 to €12,969
- Cash -€7,209
down €7,209 (-17.3%), from €41,765 to €34,556
mainly Receivables within one year (-€30,014) and Deferred charges and accrued income (-€9,624)
- Tangible fixed assets -€3,172
down €3,172 (-26.6%), from €11,917 to €8,745
of which Furniture and vehicles: -€5,762
- Profit (loss) carried forward +€12,982
up €12,982 (+7.7%), from €168,111 to €181,093
- Trade debts +€11,990
up €11,990 (+69.4%), from €17,265 to €29,255
- Tax, wage and social debts +€4,288
new in 2024: €4,288
- Purchases and services +€305,407
up €305,407 (+40.1%), from €761,105 to €1.1m
- Turnover +€300,574
up €300,574 (+37.8%), from €795,079 to €1.1m
- Gross operating margin -€16,743
down €16,743 (-32.3%), from €51,901 to €35,158
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 | €196,401 | €225,659 | +€29,258 | +14.9% |
| Fixed assets | 21/28 | €12,867 | €9,695 | -€3,172 | -24.6% |
| Tangible fixed assets | 22/27 | €11,917 | €8,745 | -€3,172 | -26.6% |
| Plant, machinery and equipment | 23 | €1,246 | €3,836 | +€2,591 | +208.0% |
| Furniture and vehicles | 24 | €10,671 | €4,909 | -€5,762 | -54.0% |
| Financial fixed assets | 28 | €950 | €950 | = | 0.0% |
| Current assets | 29/58 | €183,534 | €215,964 | +€32,429 | +17.7% |
| Amounts receivable within one year | 40/41 | €138,425 | €168,439 | +€30,014 | +21.7% |
| Trade receivables | 40 | €98,284 | €123,678 | +€25,394 | +25.8% |
| Other amounts receivable | 41 | €40,141 | €44,761 | +€4,621 | +11.5% |
| Cash at bank and in hand | 54/58 | €41,765 | €34,556 | -€7,209 | -17.3% |
| Deferred charges and accrued income | 490/1 | €3,345 | €12,969 | +€9,624 | +287.7% |
| Total equity and liabilities | 10/49 | €196,401 | €225,659 | +€29,258 | +14.9% |
| Equity | 10/15 | €170,311 | €183,293 | +€12,982 | +7.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €168,111 | €181,093 | +€12,982 | +7.7% |
| Amounts payable | 17/49 | €26,090 | €42,366 | +€16,276 | +62.4% |
| Amounts payable within one year | 42/48 | €26,090 | €42,366 | +€16,276 | +62.4% |
| Current portion of amounts payable after more than one year | 42 | €8,825 | €8,822 | -€3 | 0.0% |
| Trade debts | 44 | €17,265 | €29,255 | +€11,990 | +69.4% |
| Suppliers | 440/4 | €17,265 | €29,255 | +€11,990 | +69.4% |
| Taxes, remuneration and social security | 45 | - | €4,288 | +€4,288 | |
| Remuneration and social security | 454/9 | - | €4,288 | +€4,288 | |
| Turnover | 70 | €795,079 | €1,095,653 | +€300,574 | +37.8% |
| Non-recurring operating income | 76A | €17,927 | €6,017 | -€11,910 | -66.4% |
| Goods, raw materials, services and sundry goods | 60/61 | €761,105 | €1,066,512 | +€305,407 | +40.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,685 | €7,203 | -€4,483 | -38.4% |
| Other operating charges | 640/8 | €3,455 | €4,638 | +€1,183 | +34.3% |
| Gross operating margin | 9900 | €51,901 | €35,158 | -€16,743 | -32.3% |
| Operating profit (loss) | 9901 | €36,761 | €23,318 | -€13,444 | -36.6% |
| Financial income | 75/76B | €90 | €1 | -€89 | -98.9% |
| Recurring financial income | 75 | €90 | €1 | -€89 | -98.9% |
| Financial charges | 65/66B | €3,426 | €4,310 | +€884 | +25.8% |
| Recurring financial charges | 65 | €3,426 | €4,310 | +€884 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €33,425 | €19,008 | -€14,417 | -43.1% |
| Income taxes | 67/77 | €7,944 | €6,026 | -€1,917 | -24.1% |
| Profit (loss) for the period | 9904 | €25,482 | €12,982 | -€12,500 | -49.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,482 | €12,982 | -€12,500 | -49.1% |
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 29 September 2026 via checked.be.