@LibIT: 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.
@LibIT
Largest movements
- Cash +€54,707
up €54,707 (+86.2%), from €63,502 to €118,209
mainly Other debts (+€53,538) and Net result for the year (+€45,772)
- Profit (loss) carried forward -€61,281
no longer reported in 2025 (was €61,281)
- Other debts +€53,538
up €53,538 (+1043.8%), from €5,129 to €58,667
- Reserves +€45,772
up €45,772 (+93.1%), from €49,147 to €94,919
- Tax, wage and social debts +€15,475
up €15,475 (+211.2%), from €7,328 to €22,803
- Debts after one year -€10,773
down €10,773 (-8.3%), from €129,398 to €118,624
- Gross operating margin +€48,996
up €48,996 (+182.0%), from €26,918 to €75,913
- Taxes +€14,254
up €14,254 (+372.8%), from €3,823 to €18,078
- Depreciation -€5,374
down €5,374 (-39.5%), from €13,590 to €8,215
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 | €281,489 | €334,278 | +€52,789 | +18.8% |
| Fixed assets | 21/28 | €174,708 | €175,740 | +€1,032 | +0.6% |
| Tangible fixed assets | 22/27 | €174,708 | €175,740 | +€1,032 | +0.6% |
| Land and buildings | 22 | €166,939 | €170,164 | +€3,225 | +1.9% |
| Furniture and vehicles | 24 | €5,330 | €3,747 | -€1,583 | -29.7% |
| Other tangible fixed assets | 26 | €2,439 | €1,829 | -€610 | -25.0% |
| Current assets | 29/58 | €106,781 | €158,538 | +€51,757 | +48.5% |
| Amounts receivable within one year | 40/41 | €42,112 | €39,573 | -€2,539 | -6.0% |
| Trade receivables | 40 | €40,435 | €37,829 | -€2,607 | -6.4% |
| Other amounts receivable | 41 | €1,677 | €1,744 | +€68 | +4.0% |
| Cash at bank and in hand | 54/58 | €63,502 | €118,209 | +€54,707 | +86.2% |
| Deferred charges and accrued income | 490/1 | €1,167 | €755 | -€412 | -35.3% |
| Total equity and liabilities | 10/49 | €281,489 | €334,278 | +€52,789 | +18.8% |
| Equity | 10/15 | €129,028 | €113,519 | -€15,509 | -12.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €49,147 | €94,919 | +€45,772 | +93.1% |
| Distributable reserves | 133 | €49,147 | €94,919 | +€45,772 | +93.1% |
| Profit (loss) carried forward | 14 | €61,281 | - | -€61,281 | |
| Amounts payable | 17/49 | €152,461 | €220,759 | +€68,298 | +44.8% |
| Amounts payable after more than one year | 17 | €129,398 | €118,624 | -€10,773 | -8.3% |
| Financial debts | 170/4 | €129,398 | €118,624 | -€10,773 | -8.3% |
| Amounts payable within one year | 42/48 | €23,063 | €102,134 | +€79,071 | +342.8% |
| Current portion of amounts payable after more than one year | 42 | €10,606 | €10,773 | +€168 | +1.6% |
| Trade debts | 44 | - | €9,891 | +€9,891 | |
| Suppliers | 440/4 | - | €9,891 | +€9,891 | |
| Taxes, remuneration and social security | 45 | €7,328 | €22,803 | +€15,475 | +211.2% |
| Taxes | 450/3 | €7,328 | €22,803 | +€15,475 | +211.2% |
| Other amounts payable | 47/48 | €5,129 | €58,667 | +€53,538 | +1043.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,590 | €8,215 | -€5,374 | -39.5% |
| Other operating charges | 640/8 | €1,835 | €1,378 | -€457 | -24.9% |
| Gross operating margin | 9900 | €26,918 | €75,913 | +€48,996 | +182.0% |
| Operating profit (loss) | 9901 | €11,493 | €66,320 | +€54,827 | +477.0% |
| Financial income | 75/76B | €2 | €4 | +€2 | +69.6% |
| Recurring financial income | 75 | €2 | €4 | +€2 | +69.6% |
| Financial charges | 65/66B | €2,606 | €2,475 | -€131 | -5.0% |
| Recurring financial charges | 65 | €2,606 | €2,475 | -€131 | -5.0% |
| Profit (loss) for the period before taxes | 9903 | €8,889 | €63,849 | +€54,960 | +618.3% |
| Income taxes | 67/77 | €3,823 | €18,078 | +€14,254 | +372.8% |
| Profit (loss) for the period | 9904 | €5,066 | €45,772 | +€40,706 | +803.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,066 | €45,772 | +€40,706 | +803.5% |
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 6 October 2026 via checked.be.