LIBERTY ADMIN: 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.
LIBERTY ADMIN
Largest movements
- Receivables within one year +€12,533
up €12,533 (+160.7%), from €7,797 to €20,329
- Cash +€7,240
up €7,240 (+2367.4%), from €306 to €7,546
mainly Net result for the year (+€14,056) and Tax, wage and social debts (+€6,344)
- Receivables after one year +€1,928
up €1,928 (+2.6%), from €74,235 to €76,163
- Profit (loss) carried forward +€14,056
up €14,056 (+124.7%), from €11,274 to €25,330
- Tax, wage and social debts +€6,344
up €6,344 (+114.5%), from €5,538 to €11,882
- Trade debts +€1,246
up €1,246 (+622.9%), from €200 to €1,446
- Gross operating margin +€10,064
up €10,064 (+116.6%), from €8,630 to €18,693
- Taxes +€3,285
up €3,285 (+121.0%), from €2,716 to €6,001
- Financial income +€436
up €436 (+20.3%), from €2,147 to €2,583
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 | €82,873 | €104,518 | +€21,645 | +26.1% |
| Fixed assets | 21/28 | €106 | €0 | -€106 | -100.0% |
| Financial fixed assets | 28 | €106 | €0 | -€106 | -100.0% |
| Current assets | 29/58 | €82,767 | €104,518 | +€21,752 | +26.3% |
| Amounts receivable after more than one year | 29 | €74,235 | €76,163 | +€1,928 | +2.6% |
| Other amounts receivable | 291 | €74,235 | €76,163 | +€1,928 | +2.6% |
| Amounts receivable within one year | 40/41 | €7,797 | €20,329 | +€12,533 | +160.7% |
| Other amounts receivable | 41 | €7,797 | €20,329 | +€12,533 | +160.7% |
| Cash at bank and in hand | 54/58 | €306 | €7,546 | +€7,240 | +2367.4% |
| Deferred charges and accrued income | 490/1 | €429 | €480 | +€51 | +11.9% |
| Total equity and liabilities | 10/49 | €82,873 | €104,518 | +€21,645 | +26.1% |
| Equity | 10/15 | €73,535 | €87,591 | +€14,056 | +19.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €61,261 | €61,261 | = | 0.0% |
| Distributable reserves | 133 | €61,261 | €61,261 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,274 | €25,330 | +€14,056 | +124.7% |
| Amounts payable | 17/49 | €9,338 | €16,928 | +€7,590 | +81.3% |
| Amounts payable within one year | 42/48 | €9,338 | €16,928 | +€7,590 | +81.3% |
| Trade debts | 44 | €200 | €1,446 | +€1,246 | +622.9% |
| Suppliers | 440/4 | €200 | €1,446 | +€1,246 | +622.9% |
| Taxes, remuneration and social security | 45 | €5,538 | €11,882 | +€6,344 | +114.5% |
| Taxes | 450/3 | €5,538 | €11,882 | +€6,344 | +114.5% |
| Other amounts payable | 47/48 | €3,600 | €3,600 | = | 0.0% |
| Other operating charges | 640/8 | €913 | €983 | +€70 | +7.6% |
| Gross operating margin | 9900 | €8,630 | €18,693 | +€10,064 | +116.6% |
| Operating profit (loss) | 9901 | €7,717 | €17,711 | +€9,994 | +129.5% |
| Financial income | 75/76B | €2,147 | €2,583 | +€436 | +20.3% |
| Recurring financial income | 75 | €2,147 | €2,583 | +€436 | +20.3% |
| Financial charges | 65/66B | €205 | €237 | +€32 | +15.5% |
| Recurring financial charges | 65 | €205 | €237 | +€32 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €9,659 | €20,057 | +€10,398 | +107.7% |
| Income taxes | 67/77 | €2,716 | €6,001 | +€3,285 | +121.0% |
| Profit (loss) for the period | 9904 | €6,943 | €14,056 | +€7,113 | +102.4% |
| Profit (loss) for the period to be appropriated | 9905 | €6,943 | €14,056 | +€7,113 | +102.4% |
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 1 October 2026 via checked.be.