LIBOCO: 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.
LIBOCO
Largest movements
- Tangible fixed assets -€7,630
down €7,630 (-15.1%), from €50,546 to €42,915
of which Furniture and vehicles: -€13,836
- Cash +€1,108
up €1,108 (+4.5%), from €24,434 to €25,542
mainly Depreciation (+€14,635) and Net result for the year (+€5,494)
- Debts after one year -€5,753
down €5,753 (-85.7%), from €6,712 to €959
- Reserves +€5,494
up €5,494 (+34.3%), from €16,037 to €21,531
- Other debts -€2,891
down €2,891 (-58.3%), from €4,955 to €2,064
- Tax, wage and social debts -€2,488
down €2,488 (-78.7%), from €3,160 to €673
of which Taxes: -€2,188
- Trade debts -€1,307
down €1,307 (-86.0%), from €1,520 to €213
- Gross operating margin -€4,460
down €4,460 (-13.7%), from €32,552 to €28,092
- Depreciation -€3,357
down €3,357 (-18.7%), from €17,992 to €14,635
- Other operating charges +€587
up €587 (+84.1%), from €698 to €1,284
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.
Derived cash bridge
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 | €79,065 | €72,121 | -€6,945 | -8.8% |
| Fixed assets | 21/28 | €50,546 | €42,915 | -€7,630 | -15.1% |
| Tangible fixed assets | 22/27 | €50,546 | €42,915 | -€7,630 | -15.1% |
| Land and buildings | 22 | €4,077 | €9,266 | +€5,188 | +127% |
| Plant, machinery and equipment | 23 | - | €1,018 | +€1,018 | |
| Furniture and vehicles | 24 | €46,468 | €32,632 | -€13,836 | -29.8% |
| Current assets | 29/58 | €28,519 | €29,205 | +€686 | +2.4% |
| Amounts receivable within one year | 40/41 | €3,759 | €3,436 | -€322 | -8.6% |
| Other amounts receivable | 41 | €3,759 | €3,436 | -€322 | -8.6% |
| Cash at bank and in hand | 54/58 | €24,434 | €25,542 | +€1,108 | +4.5% |
| Deferred charges and accrued income | 490/1 | €327 | €227 | -€100 | -30.6% |
| Total equity and liabilities | 10/49 | €79,065 | €72,121 | -€6,945 | -8.8% |
| Equity | 10/15 | €56,966 | €62,460 | +€5,494 | +9.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,037 | €21,531 | +€5,494 | +34.3% |
| Distributable reserves | 133 | €16,037 | €21,531 | +€5,494 | +34.3% |
| Profit (loss) carried forward | 14 | €37,929 | €37,929 | = | 0.0% |
| Amounts payable | 17/49 | €22,099 | €9,661 | -€12,439 | -56.3% |
| Amounts payable after more than one year | 17 | €6,712 | €959 | -€5,753 | -85.7% |
| Financial debts | 170/4 | €6,712 | €959 | -€5,753 | -85.7% |
| Amounts payable within one year | 42/48 | €15,388 | €8,702 | -€6,686 | -43.4% |
| Current portion of amounts payable after more than one year | 42 | €5,753 | €5,753 | = | 0.0% |
| Trade debts | 44 | €1,520 | €213 | -€1,307 | -86.0% |
| Suppliers | 440/4 | €1,520 | €213 | -€1,307 | -86.0% |
| Taxes, remuneration and social security | 45 | €3,160 | €673 | -€2,488 | -78.7% |
| Taxes | 450/3 | €2,860 | €673 | -€2,188 | -76.5% |
| Remuneration and social security | 454/9 | €300 | - | -€300 | |
| Other amounts payable | 47/48 | €4,955 | €2,064 | -€2,891 | -58.3% |
| Remuneration, social security and pensions | 62 | €3,129 | €2,877 | -€251 | -8.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,992 | €14,635 | -€3,357 | -18.7% |
| Other operating charges | 640/8 | €698 | €1,284 | +€587 | +84.1% |
| Gross operating margin | 9900 | €32,552 | €28,092 | -€4,460 | -13.7% |
| Operating profit (loss) | 9901 | €10,734 | €9,295 | -€1,439 | -13.4% |
| Financial income | 75/76B | €12 | - | -€12 | |
| Recurring financial income | 75 | €12 | - | -€12 | |
| Financial charges | 65/66B | €317 | €374 | +€58 | +18.2% |
| Recurring financial charges | 65 | €317 | €374 | +€58 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €10,429 | €8,920 | -€1,508 | -14.5% |
| Income taxes | 67/77 | €3,665 | €3,426 | -€239 | -6.5% |
| Profit (loss) for the period | 9904 | €6,763 | €5,494 | -€1,269 | -18.8% |
| Profit (loss) for the period to be appropriated | 9905 | €6,763 | €5,494 | -€1,269 | -18.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.