LIBIDOS: 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.
LIBIDOS
Largest movements
- Cash +€98,944
up €98,944 (+55.1%), from €179,439 to €278,383
mainly Other debts (+€120,000) and Stocks and contracts (+€64,585)
- Stocks and contracts -€64,585
down €64,585 (-14.3%), from €450,128 to €385,543
- Current investments -€62,295
down €62,295 (-27.7%), from €224,927 to €162,631
- Receivables within one year -€18,003
down €18,003 (-44.5%), from €40,413 to €22,410
of which Trade receivables: -€12,003
- Reserves -€231,429
down €231,429 (-25.6%), from €903,695 to €672,267
of which Distributable reserves: -€231,429
- Other debts +€120,000
new in 2025: €120,000
- Tax, wage and social debts +€35,124
up €35,124 (+45.3%), from €77,509 to €112,633
of which Taxes: +€38,630
- Profit (loss) carried forward +€20,065
up €20,065 (+31.7%), from -€63,347 to -€43,282
- Trade debts -€11,233
down €11,233 (-75.8%), from €14,827 to €3,594
- Turnover -€1.3m
no longer reported in 2025 (was €1.3m)
- Purchases and services -€982,798
no longer reported in 2025 (was €982,798)
- Financial income +€77,418
up €77,418 (+6022.7%), from €1,285 to €78,704
of which Non-recurring financial income: +€77,221
- Gross operating margin +€15,005
up €15,005 (+4.6%), from €323,311 to €338,316
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 | €994,685 | €927,212 | -€67,473 | -6.8% |
| Fixed assets | 21/28 | €81,951 | €70,208 | -€11,743 | -14.3% |
| Tangible fixed assets | 22/27 | €56,466 | €51,464 | -€5,002 | -8.9% |
| Land and buildings | 22 | €13,364 | €13,163 | -€200 | -1.5% |
| Plant, machinery and equipment | 23 | €716 | - | -€716 | |
| Furniture and vehicles | 24 | €1,451 | €937 | -€514 | -35.4% |
| Other tangible fixed assets | 26 | €40,935 | €37,363 | -€3,572 | -8.7% |
| Financial fixed assets | 28 | €25,485 | €18,744 | -€6,741 | -26.5% |
| Current assets | 29/58 | €912,734 | €857,003 | -€55,730 | -6.1% |
| Stocks and contracts in progress | 3 | €450,128 | €385,543 | -€64,585 | -14.3% |
| Stocks | 30/36 | €450,128 | €385,543 | -€64,585 | -14.3% |
| Amounts receivable within one year | 40/41 | €40,413 | €22,410 | -€18,003 | -44.5% |
| Trade receivables | 40 | €34,413 | €22,410 | -€12,003 | -34.9% |
| Other amounts receivable | 41 | €6,000 | - | -€6,000 | |
| Current investments | 50/53 | €224,927 | €162,631 | -€62,295 | -27.7% |
| Cash at bank and in hand | 54/58 | €179,439 | €278,383 | +€98,944 | +55.1% |
| Deferred charges and accrued income | 490/1 | €17,827 | €8,036 | -€9,791 | -54.9% |
| Total equity and liabilities | 10/49 | €994,685 | €927,212 | -€67,473 | -6.8% |
| Equity | 10/15 | €902,348 | €690,985 | -€211,364 | -23.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €903,695 | €672,267 | -€231,429 | -25.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,832 | €54,832 | = | 0.0% |
| Distributable reserves | 133 | €842,663 | €611,234 | -€231,429 | -27.5% |
| Profit (loss) carried forward | 14 | -€63,347 | -€43,282 | +€20,065 | +31.7% |
| Amounts payable | 17/49 | €92,336 | €236,227 | +€143,891 | +155.8% |
| Amounts payable within one year | 42/48 | €92,336 | €236,227 | +€143,891 | +155.8% |
| Trade debts | 44 | €14,827 | €3,594 | -€11,233 | -75.8% |
| Suppliers | 440/4 | €14,827 | €3,594 | -€11,233 | -75.8% |
| Taxes, remuneration and social security | 45 | €77,509 | €112,633 | +€35,124 | +45.3% |
| Taxes | 450/3 | €29,619 | €68,249 | +€38,630 | +130.4% |
| Remuneration and social security | 454/9 | €47,890 | €44,384 | -€3,505 | -7.3% |
| Other amounts payable | 47/48 | - | €120,000 | +€120,000 | |
| Turnover | 70 | €1,302,118 | - | -€1.3m | |
| Goods, raw materials, services and sundry goods | 60/61 | €982,798 | - | -€982,798 | |
| Remuneration, social security and pensions | 62 | €375,122 | €382,021 | +€6,899 | +1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,131 | €7,702 | +€2,571 | +50.1% |
| Other operating charges | 640/8 | €6,558 | €7,008 | +€450 | +6.9% |
| Gross operating margin | 9900 | €323,311 | €338,316 | +€15,005 | +4.6% |
| Operating profit (loss) | 9901 | -€63,500 | -€58,414 | +€5,086 | +8.0% |
| Financial income | 75/76B | €1,285 | €78,704 | +€77,418 | +6022.7% |
| Recurring financial income | 75 | €1,285 | €1,482 | +€197 | +15.3% |
| Non-recurring financial income | 76B | - | €77,221 | +€77,221 | |
| Financial charges | 65/66B | €1,132 | €225 | -€908 | -80.2% |
| Recurring financial charges | 65 | €1,132 | €225 | -€908 | -80.2% |
| Profit (loss) for the period before taxes | 9903 | -€63,347 | €20,065 | +€83,412 | |
| Profit (loss) for the period | 9904 | -€63,347 | €20,065 | +€83,412 | |
| Profit (loss) for the period to be appropriated | 9905 | -€63,347 | €20,065 | +€83,412 |
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 4 October 2026 via checked.be.