LIBERTY EXPRESS: 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.
LIBERTY EXPRESS
Largest movements
- Stocks and contracts +€12,162
up €12,162 (+66.4%), from €18,320 to €30,482
- Receivables within one year +€1,758
up €1,758 (+10.5%), from €16,771 to €18,529
- Profit (loss) carried forward +€13,832
up €13,832 (+332%), from €4,170 to €18,002
- Trade debts -€3,209
down €3,209 (-11.0%), from €29,200 to €25,991
- Tax, wage and social debts +€2,962
up €2,962 (+104%), from €2,851 to €5,813
of which Taxes: +€2,787
- Gross operating margin +€4,846
up €4,846 (+21.7%), from €22,356 to €27,202
- Taxes +€3,458
new in 2024: €3,458
- Staff costs +€2,608
up €2,608 (+43.5%), from €6,000 to €8,608
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 | €36,421 | €50,006 | +€13,585 | +37.3% |
| Formation expenses | 20 | €0 | - | = | |
| Current assets | 29/58 | €36,421 | €50,006 | +€13,585 | +37.3% |
| Stocks and contracts in progress | 3 | €18,320 | €30,482 | +€12,162 | +66.4% |
| Stocks | 30/36 | €18,320 | €30,482 | +€12,162 | +66.4% |
| Amounts receivable within one year | 40/41 | €16,771 | €18,529 | +€1,758 | +10.5% |
| Other amounts receivable | 41 | €16,771 | €18,529 | +€1,758 | +10.5% |
| Cash at bank and in hand | 54/58 | €1,330 | €995 | -€335 | -25.2% |
| Total equity and liabilities | 10/49 | €36,421 | €50,006 | +€13,585 | +37.3% |
| Equity | 10/15 | €4,370 | €18,202 | +€13,832 | +317% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,170 | €18,002 | +€13,832 | +332% |
| Amounts payable | 17/49 | €32,051 | €31,804 | -€247 | -0.8% |
| Amounts payable within one year | 42/48 | €32,051 | €31,804 | -€247 | -0.8% |
| Trade debts | 44 | €29,200 | €25,991 | -€3,209 | -11.0% |
| Suppliers | 440/4 | €29,200 | €25,991 | -€3,209 | -11.0% |
| Taxes, remuneration and social security | 45 | €2,851 | €5,813 | +€2,962 | +104% |
| Taxes | 450/3 | €1,301 | €4,088 | +€2,787 | +214% |
| Remuneration and social security | 454/9 | €1,550 | €1,725 | +€175 | +11.3% |
| Remuneration, social security and pensions | 62 | €6,000 | €8,608 | +€2,608 | +43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €234 | - | -€234 | |
| Other operating charges | 640/8 | €729 | €948 | +€219 | +30.0% |
| Gross operating margin | 9900 | €22,356 | €27,202 | +€4,846 | +21.7% |
| Operating profit (loss) | 9901 | €15,393 | €17,646 | +€2,253 | +14.6% |
| Financial charges | 65/66B | €213 | €356 | +€143 | +67.1% |
| Recurring financial charges | 65 | €213 | €356 | +€143 | +67.1% |
| Profit (loss) for the period before taxes | 9903 | €15,180 | €17,290 | +€2,110 | +13.9% |
| Income taxes | 67/77 | - | €3,458 | +€3,458 | |
| Profit (loss) for the period | 9904 | €15,180 | €13,832 | -€1,348 | -8.9% |
| Profit (loss) for the period to be appropriated | 9905 | €15,180 | €13,832 | -€1,348 | -8.9% |
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 22 October 2026 via checked.be.