LiBerTeam: 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.
LiBerTeam
Largest movements
- Cash -€36,044
down €36,044 (-48.4%), from €74,525 to €38,480
mainly Contributions, distributions and other (-€44,481) and Receivables within one year (-€25,608)
- Receivables within one year +€25,608
up €25,608 (+873,987%), from €3 to €25,611
of which Trade receivables: +€25,388
- Current investments +€21,300
up €21,300 (+2,130%), from €1,000 to €22,300
- Tangible fixed assets +€7,232
up €7,232 (+37.5%), from €19,280 to €26,512
of which Other tangible fixed assets: +€6,426
- Debts after one year -€18,824
down €18,824 (-12.3%), from €152,755 to €133,931
- Other debts +€15,448
up €15,448 (+51.9%), from €29,778 to €45,226
- Reserves +€10,697
up €10,697 (+19.3%), from €55,366 to €66,063
- Tax, wage and social debts +€5,824
up €5,824 (+23.3%), from €25,008 to €30,832
- Current portion of long-term debt +€4,852
up €4,852 (+17.1%), from €28,323 to €33,175
- Gross operating margin +€5,490
up €5,490 (+5.5%), from €99,545 to €105,035
- Financial charges +€2,058
up €2,058 (+20.4%), from €10,063 to €12,121
- Depreciation +€1,734
up €1,734 (+27.6%), from €6,280 to €8,014
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.
Derived cash bridge
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 | €299,527 | €317,811 | +€18,284 | +6.1% |
| Fixed assets | 21/28 | €220,155 | €227,387 | +€7,232 | +3.3% |
| Tangible fixed assets | 22/27 | €19,280 | €26,512 | +€7,232 | +37.5% |
| Land and buildings | 22 | €1,037 | €518 | -€518 | -50.0% |
| Furniture and vehicles | 24 | €18,244 | €19,568 | +€1,324 | +7.3% |
| Other tangible fixed assets | 26 | - | €6,426 | +€6,426 | |
| Financial fixed assets | 28 | €200,875 | €200,875 | = | 0.0% |
| Current assets | 29/58 | €79,372 | €90,424 | +€11,052 | +13.9% |
| Amounts receivable within one year | 40/41 | €3 | €25,611 | +€25,608 | +873,987% |
| Trade receivables | 40 | €0 | €25,388 | +€25,388 | |
| Other amounts receivable | 41 | €3 | €223 | +€220 | +7,501% |
| Current investments | 50/53 | €1,000 | €22,300 | +€21,300 | +2,130% |
| Cash at bank and in hand | 54/58 | €74,525 | €38,480 | -€36,044 | -48.4% |
| Deferred charges and accrued income | 490/1 | €3,844 | €4,033 | +€189 | +4.9% |
| Total equity and liabilities | 10/49 | €299,527 | €317,811 | +€18,284 | +6.1% |
| Equity | 10/15 | €55,366 | €66,063 | +€10,697 | +19.3% |
| Reserves | 13 | €55,366 | €66,063 | +€10,697 | +19.3% |
| Distributable reserves | 133 | €55,366 | €66,063 | +€10,697 | +19.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €244,161 | €251,748 | +€7,587 | +3.1% |
| Amounts payable after more than one year | 17 | €152,755 | €133,931 | -€18,824 | -12.3% |
| Financial debts | 170/4 | €152,755 | €133,931 | -€18,824 | -12.3% |
| Amounts payable within one year | 42/48 | €90,906 | €116,812 | +€25,906 | +28.5% |
| Current portion of amounts payable after more than one year | 42 | €28,323 | €33,175 | +€4,852 | +17.1% |
| Financial debts | 43 | €1,057 | €2,948 | +€1,891 | +179% |
| Credit institutions | 430/8 | €1,057 | €2,948 | +€1,891 | +179% |
| Trade debts | 44 | €6,740 | €4,631 | -€2,109 | -31.3% |
| Suppliers | 440/4 | €6,740 | €4,631 | -€2,109 | -31.3% |
| Taxes, remuneration and social security | 45 | €25,008 | €30,832 | +€5,824 | +23.3% |
| Taxes | 450/3 | €25,008 | €30,832 | +€5,824 | +23.3% |
| Other amounts payable | 47/48 | €29,778 | €45,226 | +€15,448 | +51.9% |
| Accrued charges and deferred income | 492/3 | €500 | €1,005 | +€505 | +101% |
| Non-recurring operating income | 76A | €16,446 | €0 | -€16,446 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,280 | €8,014 | +€1,734 | +27.6% |
| Other operating charges | 640/8 | €2,020 | €2,019 | -€0 | 0.0% |
| Gross operating margin | 9900 | €99,545 | €105,035 | +€5,490 | +5.5% |
| Operating profit (loss) | 9901 | €91,245 | €95,002 | +€3,757 | +4.1% |
| Financial income | 75/76B | €141 | €438 | +€298 | +211% |
| Recurring financial income | 75 | €141 | €438 | +€298 | +211% |
| Financial charges | 65/66B | €10,063 | €12,121 | +€2,058 | +20.4% |
| Recurring financial charges | 65 | €10,063 | €12,121 | +€2,058 | +20.4% |
| Profit (loss) for the period before taxes | 9903 | €81,323 | €83,320 | +€1,997 | +2.5% |
| Income taxes | 67/77 | €27,526 | €28,143 | +€617 | +2.2% |
| Profit (loss) for the period | 9904 | €53,797 | €55,177 | +€1,380 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €53,797 | €55,177 | +€1,380 | +2.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.