Liberty - Brakel: what changed
What changed
Liberty - Brakel
filed annual accounts (NBB)
Net result for the year
€10,728
2024 · €10,492+€236
Equity
€253,544
2024 · €242,815+€10,728
Cash
€14,506
2024 · €4,178+€10,328
Balance sheet total
€289,743
2024 · €289,073+€671
Largest movements
Assets
- Tangible fixed assets -€13,653
down €13,653 (-4.8%), from €284,895 to €271,242
- Cash +€10,328
up €10,328 (+247%), from €4,178 to €14,506
mainly Depreciation (+€13,131) and Net result for the year (+€10,728)
Equity and liabilities
- Debts after one year -€12,105
down €12,105 (-38.9%), from €31,114 to €19,009
of which Financial debts: -€12,105
- Profit (loss) carried forward +€10,728
up €10,728 (+53.2%), from -€20,185 to -€9,456
Income statement
- Gross operating margin +€1,220
up €1,220 (+3.7%), from €32,673 to €33,893
- Depreciation +€748
up €748 (+6.0%), from €12,383 to €13,131
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€10,492
Gross operating margin
+€1,220
Depreciation
-€748
Other operating charges
-€289
Financial charges
+€54
Result 2025
€10,728
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€20,070
Investment
+€521
Financing
-€10,264
Cash 2024
€4,178
From operations (derived)
+€20,070
Net result for the year
+€10,728
Depreciation
+€13,131
Receivables within one year
-€2,082
Deferred charges and accrued income
-€1,913
Trade debts
+€918
Other debts
+€66
Accrued charges and deferred income
-€778
Investment (derived)
+€521
Investment in fixed assets (net)
+€521
Financing
-€10,264
Debts after one year
-€12,105
Current portion of long-term debt
+€1,841
Cash 2025
€14,506
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €289,073 | €289,743 | +€671 | +0.2% |
| Fixed assets | 21/28 | €284,895 | €271,242 | -€13,653 | -4.8% |
| Tangible fixed assets | 22/27 | €284,895 | €271,242 | -€13,653 | -4.8% |
| Land and buildings | 22 | €284,895 | €271,242 | -€13,653 | -4.8% |
| Current assets | 29/58 | €4,178 | €18,501 | +€14,323 | +343% |
| Amounts receivable within one year | 40/41 | - | €2,082 | +€2,082 | |
| Other amounts receivable | 41 | - | €2,082 | +€2,082 | |
| Cash at bank and in hand | 54/58 | €4,178 | €14,506 | +€10,328 | +247% |
| Deferred charges and accrued income | 490/1 | - | €1,913 | +€1,913 | |
| Total equity and liabilities | 10/49 | €289,073 | €289,743 | +€671 | +0.2% |
| Equity | 10/15 | €242,815 | €253,544 | +€10,728 | +4.4% |
| Contributions | 10/11 | €263,000 | €263,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,185 | -€9,456 | +€10,728 | +53.2% |
| Amounts payable | 17/49 | €46,257 | €36,199 | -€10,058 | -21.7% |
| Amounts payable after more than one year | 17 | €31,114 | €19,009 | -€12,105 | -38.9% |
| Financial debts | 170/4 | €26,114 | €14,009 | -€12,105 | -46.4% |
| Other amounts payable | 178/9 | €5,000 | €5,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,747 | €13,573 | +€2,825 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €10,264 | €12,105 | +€1,841 | +17.9% |
| Trade debts | 44 | €484 | €1,402 | +€918 | +190% |
| Suppliers | 440/4 | €484 | €1,402 | +€918 | +190% |
| Other amounts payable | 47/48 | - | €66 | +€66 | |
| Accrued charges and deferred income | 492/3 | €4,396 | €3,618 | -€778 | -17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,383 | €13,131 | +€748 | +6.0% |
| Other operating charges | 640/8 | €9,227 | €9,517 | +€289 | +3.1% |
| Gross operating margin | 9900 | €32,673 | €33,893 | +€1,220 | +3.7% |
| Operating profit (loss) | 9901 | €11,063 | €11,246 | +€183 | +1.7% |
| Financial charges | 65/66B | €571 | €517 | -€54 | -9.4% |
| Recurring financial charges | 65 | €571 | €517 | -€54 | -9.4% |
| Profit (loss) for the period before taxes | 9903 | €10,492 | €10,728 | +€236 | +2.3% |
| Profit (loss) for the period | 9904 | €10,492 | €10,728 | +€236 | +2.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,492 | €10,728 | +€236 | +2.3% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.