LIBERTIM: 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.
LIBERTIM
Largest movements
- Receivables within one year -€35,129
down €35,129 (-70.3%), from €49,983 to €14,854
of which Other amounts receivable: -€45,596
- Cash -€10,144
down €10,144 (-47.8%), from €21,215 to €11,071
mainly Net result for the year (-€71,537)
- Tangible fixed assets -€7,619
down €7,619 (-27.1%), from €28,102 to €20,483
of which Furniture and vehicles: -€6,202
- Reserves -€71,537
down €71,537 (-85.0%), from €84,163 to €12,626
of which Distributable reserves: -€71,537
- Trade debts +€11,858
up €11,858 (+1369.9%), from €866 to €12,724
- Other debts +€6,182
up €6,182 (+55.5%), from €11,142 to €17,324
- Gross operating margin -€71,982
down €71,982, from €8,988 to -€62,994
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 | €102,370 | €49,074 | -€53,296 | -52.1% |
| Fixed assets | 21/28 | €28,102 | €20,483 | -€7,619 | -27.1% |
| Tangible fixed assets | 22/27 | €28,102 | €20,483 | -€7,619 | -27.1% |
| Plant, machinery and equipment | 23 | €685 | €392 | -€292 | -42.7% |
| Furniture and vehicles | 24 | €13,043 | €6,841 | -€6,202 | -47.5% |
| Other tangible fixed assets | 26 | €14,374 | €13,250 | -€1,125 | -7.8% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €74,268 | €28,591 | -€45,677 | -61.5% |
| Amounts receivable within one year | 40/41 | €49,983 | €14,854 | -€35,129 | -70.3% |
| Trade receivables | 40 | €2,395 | €12,862 | +€10,467 | +437.0% |
| Other amounts receivable | 41 | €47,588 | €1,992 | -€45,596 | -95.8% |
| Cash at bank and in hand | 54/58 | €21,215 | €11,071 | -€10,144 | -47.8% |
| Deferred charges and accrued income | 490/1 | €3,070 | €2,666 | -€404 | -13.2% |
| Total equity and liabilities | 10/49 | €102,370 | €49,074 | -€53,296 | -52.1% |
| Equity | 10/15 | €90,363 | €18,826 | -€71,537 | -79.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €84,163 | €12,626 | -€71,537 | -85.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €82,303 | €10,766 | -€71,537 | -86.9% |
| Amounts payable | 17/49 | €12,008 | €30,248 | +€18,240 | +151.9% |
| Amounts payable within one year | 42/48 | €12,008 | €30,248 | +€18,240 | +151.9% |
| Trade debts | 44 | €866 | €12,724 | +€11,858 | +1369.9% |
| Suppliers | 440/4 | €866 | €12,724 | +€11,858 | +1369.9% |
| Taxes, remuneration and social security | 45 | - | €200 | +€200 | |
| Taxes | 450/3 | - | €200 | +€200 | |
| Other amounts payable | 47/48 | €11,142 | €17,324 | +€6,182 | +55.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | €133,403 | €0 | -€133,403 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,430 | €7,619 | +€189 | +2.5% |
| Other operating charges | 640/8 | €749 | €534 | -€215 | -28.7% |
| Non-recurring operating charges | 66A | €205 | €0 | -€205 | -100.0% |
| Gross operating margin | 9900 | €8,988 | -€62,994 | -€71,982 | |
| Operating profit (loss) | 9901 | €604 | -€71,146 | -€71,750 | |
| Financial income | 75/76B | €481 | €0 | -€481 | -100.0% |
| Recurring financial income | 75 | €481 | €0 | -€481 | -100.0% |
| Financial charges | 65/66B | €52 | €191 | +€138 | +264.8% |
| Recurring financial charges | 65 | €52 | €191 | +€138 | +264.8% |
| Profit (loss) for the period before taxes | 9903 | €1,033 | -€71,337 | -€72,370 | |
| Income taxes | 67/77 | - | €200 | +€200 | |
| Profit (loss) for the period | 9904 | €1,033 | -€71,537 | -€72,570 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,033 | -€71,537 | -€72,570 |
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 8 October 2026 via checked.be.