LIBERTAS: 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.
LIBERTAS
Largest movements
- Receivables within one year +€161,764
up €161,764 (+120%), from €134,973 to €296,737
of which Trade receivables: +€93,284
- Cash +€90,442
up €90,442 (+836%), from €10,818 to €101,261
mainly Net result for the year (+€184,749) and Tax, wage and social debts (+€60,126)
- Profit (loss) carried forward +€184,749
up €184,749 (+141%), from €131,268 to €316,017
- Tax, wage and social debts +€60,126
up €60,126 (+92.1%), from €65,302 to €125,428
of which Taxes: +€63,728
- Gross operating margin +€141,660
up €141,660 (+85.8%), from €165,196 to €306,856
- Taxes +€44,351
up €44,351 (+182%), from €24,343 to €68,694
- Staff costs -€11,008
down €11,008 (-19.5%), from €56,366 to €45,358
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.
Derived cash bridge
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 | €201,949 | €442,945 | +€240,996 | +119% |
| Fixed assets | 21/28 | €26,817 | €19,353 | -€7,464 | -27.8% |
| Tangible fixed assets | 22/27 | €15,266 | €12,078 | -€3,188 | -20.9% |
| Plant, machinery and equipment | 23 | €533 | €354 | -€179 | -33.6% |
| Furniture and vehicles | 24 | €14,733 | €11,725 | -€3,009 | -20.4% |
| Financial fixed assets | 28 | €11,551 | €7,275 | -€4,276 | -37.0% |
| Current assets | 29/58 | €175,132 | €423,592 | +€248,460 | +142% |
| Amounts receivable after more than one year | 29 | €24,030 | €24,376 | +€346 | +1.4% |
| Other amounts receivable | 291 | €24,030 | €24,376 | +€346 | +1.4% |
| Amounts receivable within one year | 40/41 | €134,973 | €296,737 | +€161,764 | +120% |
| Trade receivables | 40 | €124,348 | €217,632 | +€93,284 | +75.0% |
| Other amounts receivable | 41 | €10,625 | €79,105 | +€68,480 | +644% |
| Cash at bank and in hand | 54/58 | €10,818 | €101,261 | +€90,442 | +836% |
| Deferred charges and accrued income | 490/1 | €5,310 | €1,218 | -€4,092 | -77.1% |
| Total equity and liabilities | 10/49 | €201,949 | €442,945 | +€240,996 | +119% |
| Equity | 10/15 | €132,768 | €317,517 | +€184,749 | +139% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €131,268 | €316,017 | +€184,749 | +141% |
| Amounts payable | 17/49 | €69,181 | €125,428 | +€56,247 | +81.3% |
| Amounts payable within one year | 42/48 | €69,181 | €125,428 | +€56,247 | +81.3% |
| Trade debts | 44 | €3,879 | - | -€3,879 | |
| Suppliers | 440/4 | €3,879 | - | -€3,879 | |
| Taxes, remuneration and social security | 45 | €65,302 | €125,428 | +€60,126 | +92.1% |
| Taxes | 450/3 | €52,537 | €116,266 | +€63,728 | +121% |
| Remuneration and social security | 454/9 | €12,764 | €9,162 | -€3,602 | -28.2% |
| Remuneration, social security and pensions | 62 | €56,366 | €45,358 | -€11,008 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,157 | €5,316 | +€2,159 | +68.4% |
| Other operating charges | 640/8 | €5,676 | €4,424 | -€1,252 | -22.1% |
| Gross operating margin | 9900 | €165,196 | €306,856 | +€141,660 | +85.8% |
| Operating profit (loss) | 9901 | €99,996 | €251,758 | +€151,762 | +152% |
| Financial income | 75/76B | €608 | €3,068 | +€2,461 | +405% |
| Recurring financial income | 75 | €608 | €3,068 | +€2,461 | +405% |
| Financial charges | 65/66B | €1,345 | €1,383 | +€38 | +2.8% |
| Recurring financial charges | 65 | €1,345 | €1,383 | +€38 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €99,259 | €253,443 | +€154,184 | +155% |
| Income taxes | 67/77 | €24,343 | €68,694 | +€44,351 | +182% |
| Profit (loss) for the period | 9904 | €74,916 | €184,749 | +€109,834 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €74,916 | €184,749 | +€109,834 | +147% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.