LIBERCO: 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.
LIBERCO
Largest movements
- Stocks and contracts -€320,148
down €320,148 (-41.5%), from €770,692 to €450,544
- Cash -€141,428
down €141,428 (-95.5%), from €148,022 to €6,594
mainly Debts after one year (-€476,000) and Receivables within one year (-€10,841)
- Receivables within one year +€10,841
new in 2025: €10,841
- Debts after one year -€476,000
down €476,000 (-100.0%), from €476,000 to €0
- Profit (loss) carried forward +€36,464
up €36,464, from -€15,071 to €21,393
- Other debts -€9,281
down €9,281 (-2.1%), from €444,608 to €435,328
- Gross operating margin +€56,928
up €56,928 (+5223.2%), from €1,090 to €58,018
- Taxes +€4,724
up €4,724, from €0 to €4,724
- Financial charges -€2,700
down €2,700 (-13.9%), from €19,401 to €16,701
- Other operating charges +€709
up €709 (+125.9%), from €563 to €1,272
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 | €918,713 | €467,979 | -€450,735 | -49.1% |
| Current assets | 29/58 | €918,713 | €467,979 | -€450,735 | -49.1% |
| Stocks and contracts in progress | 3 | €770,692 | €450,544 | -€320,148 | -41.5% |
| Stocks | 30/36 | €770,692 | €450,544 | -€320,148 | -41.5% |
| Amounts receivable within one year | 40/41 | - | €10,841 | +€10,841 | |
| Other amounts receivable | 41 | - | €10,841 | +€10,841 | |
| Cash at bank and in hand | 54/58 | €148,022 | €6,594 | -€141,428 | -95.5% |
| Total equity and liabilities | 10/49 | €918,713 | €467,979 | -€450,735 | -49.1% |
| Equity | 10/15 | -€5,071 | €31,393 | +€36,464 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,071 | €21,393 | +€36,464 | |
| Amounts payable | 17/49 | €923,785 | €436,586 | -€487,199 | -52.7% |
| Amounts payable after more than one year | 17 | €476,000 | €0 | -€476,000 | -100.0% |
| Financial debts | 170/4 | €476,000 | €0 | -€476,000 | -100.0% |
| Amounts payable within one year | 42/48 | €447,785 | €436,586 | -€11,199 | -2.5% |
| Trade debts | 44 | €3,176 | €1,258 | -€1,918 | -60.4% |
| Suppliers | 440/4 | €3,176 | €1,258 | -€1,918 | -60.4% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €444,608 | €435,328 | -€9,281 | -2.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Other operating charges | 640/8 | €563 | €1,272 | +€709 | +125.9% |
| Gross operating margin | 9900 | €1,090 | €58,018 | +€56,928 | +5223.2% |
| Operating profit (loss) | 9901 | €527 | €56,746 | +€56,219 | +10674.7% |
| Financial income | 75/76B | €1,039 | €1,143 | +€104 | +10.0% |
| Recurring financial income | 75 | €1,039 | €1,143 | +€104 | +10.0% |
| Financial charges | 65/66B | €19,401 | €16,701 | -€2,700 | -13.9% |
| Recurring financial charges | 65 | €19,401 | €16,701 | -€2,700 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€17,836 | €41,188 | +€59,023 | |
| Income taxes | 67/77 | €0 | €4,724 | +€4,724 | |
| Profit (loss) for the period | 9904 | -€17,836 | €36,464 | +€54,299 | |
| Profit (loss) for the period to be appropriated | 9905 | -€17,836 | €36,464 | +€54,299 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.