Libon Kiné: 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.
Libon Kiné
Largest movements
- Cash +€15,371
up €15,371 (+41.9%), from €36,710 to €52,081
mainly Net result for the year (+€20,108) and Other debts (+€11,505)
- Deferred charges and accrued income -€5,651
down €5,651 (-10.0%), from €56,397 to €50,746
- Receivables within one year +€2,449
up €2,449 (+157.6%), from €1,554 to €4,003
- Other debts +€11,505
up €11,505 (+123.6%), from €9,307 to €20,813
- Gross operating margin +€1,377
up €1,377 (+4.2%), from €32,841 to €34,218
- Financial charges -€572
down €572 (-15.1%), from €3,780 to €3,208
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 | €97,272 | €108,814 | +€11,542 | +11.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €2,611 | €1,983 | -€628 | -24.0% |
| Tangible fixed assets | 22/27 | €2,611 | €1,983 | -€628 | -24.0% |
| Plant, machinery and equipment | 23 | €2,611 | €1,983 | -€628 | -24.0% |
| Furniture and vehicles | 24 | €0 | €0 | = | |
| Current assets | 29/58 | €94,661 | €106,831 | +€12,170 | +12.9% |
| Amounts receivable within one year | 40/41 | €1,554 | €4,003 | +€2,449 | +157.6% |
| Other amounts receivable | 41 | €1,554 | €4,003 | +€2,449 | +157.6% |
| Cash at bank and in hand | 54/58 | €36,710 | €52,081 | +€15,371 | +41.9% |
| Deferred charges and accrued income | 490/1 | €56,397 | €50,746 | -€5,651 | -10.0% |
| Total equity and liabilities | 10/49 | €97,272 | €108,814 | +€11,542 | +11.9% |
| Equity | 10/15 | €75,175 | €74,470 | -€705 | -0.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €61,635 | €60,930 | -€705 | -1.1% |
| Distributable reserves | 133 | €61,635 | €60,930 | -€705 | -1.1% |
| Profit (loss) carried forward | 14 | €7,339 | €7,339 | = | 0.0% |
| Amounts payable | 17/49 | €22,098 | €34,344 | +€12,247 | +55.4% |
| Amounts payable within one year | 42/48 | €20,198 | €32,429 | +€12,232 | +60.6% |
| Trade debts | 44 | €57 | €319 | +€262 | +456.5% |
| Suppliers | 440/4 | €57 | €319 | +€262 | +456.5% |
| Taxes, remuneration and social security | 45 | €10,833 | €11,297 | +€464 | +4.3% |
| Taxes | 450/3 | €9,033 | €9,297 | +€264 | +2.9% |
| Remuneration and social security | 454/9 | €1,800 | €2,000 | +€200 | +11.1% |
| Other amounts payable | 47/48 | €9,307 | €20,813 | +€11,505 | +123.6% |
| Accrued charges and deferred income | 492/3 | €1,900 | €1,915 | +€15 | +0.8% |
| Remuneration, social security and pensions | 62 | - | €241 | +€241 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €528 | €628 | +€100 | +18.9% |
| Other operating charges | 640/8 | €728 | €736 | +€8 | +1.1% |
| Gross operating margin | 9900 | €32,841 | €34,218 | +€1,377 | +4.2% |
| Operating profit (loss) | 9901 | €31,585 | €32,613 | +€1,028 | +3.3% |
| Financial charges | 65/66B | €3,780 | €3,208 | -€572 | -15.1% |
| Recurring financial charges | 65 | €3,780 | €3,208 | -€572 | -15.1% |
| Profit (loss) for the period before taxes | 9903 | €27,805 | €29,405 | +€1,600 | +5.8% |
| Income taxes | 67/77 | €9,033 | €9,297 | +€264 | +2.9% |
| Profit (loss) for the period | 9904 | €18,772 | €20,108 | +€1,336 | +7.1% |
| Profit (loss) for the period to be appropriated | 9905 | €18,772 | €20,108 | +€1,336 | +7.1% |
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 7 October 2026 via checked.be.