Libert Machine Engineering: 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.
Libert Machine Engineering
Largest movements
- Tangible fixed assets +€59,878
up €59,878 (+394.5%), from €15,179 to €75,056
of which Furniture and vehicles: +€43,841
- Receivables within one year +€45,548
up €45,548 (+191.9%), from €23,734 to €69,282
of which Trade receivables: +€41,658
- Cash -€16,668
down €16,668 (-43.8%), from €38,049 to €21,381
mainly Investment in fixed assets (net) (-€68,384) and Receivables within one year (-€45,548)
- Reserves +€45,043
up €45,043 (+78.8%), from €57,151 to €102,194
- Debts after one year +€31,256
new in 2025: €31,256
- Current portion of long-term debt +€7,516
new in 2025: €7,516
- Other debts -€5,951
down €5,951 (-30.6%), from €19,461 to €13,510
- Trade debts +€5,671
up €5,671 (+508.2%), from €1,116 to €6,787
- Gross operating margin -€13,812
down €13,812 (-15.6%), from €88,625 to €74,813
- Taxes -€4,654
down €4,654 (-20.9%), from €22,232 to €17,578
- Depreciation +€1,937
up €1,937 (+29.5%), from €6,570 to €8,506
- Financial charges +€1,261
up €1,261 (+2436.0%), from €52 to €1,313
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 | €84,028 | €170,842 | +€86,814 | +103.3% |
| Fixed assets | 21/28 | €15,179 | €75,056 | +€59,878 | +394.5% |
| Tangible fixed assets | 22/27 | €15,179 | €75,056 | +€59,878 | +394.5% |
| Plant, machinery and equipment | 23 | €8,422 | €24,458 | +€16,037 | +190.4% |
| Furniture and vehicles | 24 | €6,757 | €50,598 | +€43,841 | +648.8% |
| Current assets | 29/58 | €68,850 | €95,786 | +€26,937 | +39.1% |
| Stocks and contracts in progress | 3 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Stocks | 30/36 | €5,000 | €4,000 | -€1,000 | -20.0% |
| Amounts receivable within one year | 40/41 | €23,734 | €69,282 | +€45,548 | +191.9% |
| Trade receivables | 40 | €23,553 | €65,212 | +€41,658 | +176.9% |
| Other amounts receivable | 41 | €181 | €4,070 | +€3,890 | +2151.2% |
| Cash at bank and in hand | 54/58 | €38,049 | €21,381 | -€16,668 | -43.8% |
| Deferred charges and accrued income | 490/1 | €2,066 | €1,123 | -€943 | -45.6% |
| Total equity and liabilities | 10/49 | €84,028 | €170,842 | +€86,814 | +103.3% |
| Equity | 10/15 | €58,151 | €103,194 | +€45,043 | +77.5% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €57,151 | €102,194 | +€45,043 | +78.8% |
| Distributable reserves | 133 | €57,151 | €102,194 | +€45,043 | +78.8% |
| Amounts payable | 17/49 | €25,878 | €67,649 | +€41,771 | +161.4% |
| Amounts payable after more than one year | 17 | - | €31,256 | +€31,256 | |
| Financial debts | 170/4 | - | €31,256 | +€31,256 | |
| Amounts payable within one year | 42/48 | €24,078 | €33,596 | +€9,518 | +39.5% |
| Current portion of amounts payable after more than one year | 42 | - | €7,516 | +€7,516 | |
| Trade debts | 44 | €1,116 | €6,787 | +€5,671 | +508.2% |
| Suppliers | 440/4 | €1,116 | €6,787 | +€5,671 | +508.2% |
| Taxes, remuneration and social security | 45 | €3,501 | €5,782 | +€2,282 | +65.2% |
| Taxes | 450/3 | €3,501 | €5,782 | +€2,282 | +65.2% |
| Other amounts payable | 47/48 | €19,461 | €13,510 | -€5,951 | -30.6% |
| Accrued charges and deferred income | 492/3 | €1,800 | €2,797 | +€997 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,570 | €8,506 | +€1,937 | +29.5% |
| Other operating charges | 640/8 | €955 | €768 | -€187 | -19.6% |
| Gross operating margin | 9900 | €88,625 | €74,813 | -€13,812 | -15.6% |
| Operating profit (loss) | 9901 | €81,100 | €65,538 | -€15,562 | -19.2% |
| Financial income | 75/76B | - | €62 | +€62 | |
| Recurring financial income | 75 | - | €62 | +€62 | |
| Financial charges | 65/66B | €52 | €1,313 | +€1,261 | +2436.0% |
| Recurring financial charges | 65 | €52 | €1,313 | +€1,261 | +2436.0% |
| Profit (loss) for the period before taxes | 9903 | €81,048 | €64,287 | -€16,761 | -20.7% |
| Income taxes | 67/77 | €22,232 | €17,578 | -€4,654 | -20.9% |
| Profit (loss) for the period | 9904 | €58,817 | €46,709 | -€12,108 | -20.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,817 | €46,709 | -€12,108 | -20.6% |
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 4 October 2026 via checked.be.