Libotton: 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.
Libotton
Largest movements
- Current investments +€301,981
up €301,981 (+152.5%), from €198,019 to €500,000
- Cash +€107,517
up €107,517 (+60.1%), from €178,939 to €286,456
mainly Net result for the year (+€324,301) and Depreciation (+€60,078)
- Tangible fixed assets -€59,792
down €59,792 (-24.0%), from €249,276 to €189,484
of which Furniture and vehicles: -€47,999
- Receivables within one year -€13,129
no longer reported in 2024 (was €13,129)
- Reserves +€313,641
up €313,641 (+57.4%), from €546,109 to €859,750
of which Distributable reserves: +€313,641
- Tax, wage and social debts +€20,882
up €20,882 (+202.6%), from €10,307 to €31,189
of which Taxes: +€23,087
- Trade debts -€10,759
down €10,759 (-62.9%), from €17,114 to €6,355
- Profit (loss) carried forward +€10,660
no longer reported in 2024 (was -€10,660)
- Gross operating margin +€489,314
up €489,314 (+6409.9%), from €7,634 to €496,948
- Taxes +€116,023
up €116,023 (+7814.5%), from €1,485 to €117,508
- Staff costs -€39,104
down €39,104 (-99.7%), from €39,237 to €133
- Financial income +€11,615
up €11,615 (+1539.5%), from €754 to €12,370
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.
Cash bridge derived
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 | €650,756 | €980,495 | +€329,740 | +50.7% |
| Fixed assets | 21/28 | €249,431 | €189,554 | -€59,877 | -24.0% |
| Tangible fixed assets | 22/27 | €249,276 | €189,484 | -€59,792 | -24.0% |
| Land and buildings | 22 | €68,989 | €58,033 | -€10,955 | -15.9% |
| Plant, machinery and equipment | 23 | €1,846 | €1,008 | -€837 | -45.4% |
| Furniture and vehicles | 24 | €178,442 | €130,443 | -€47,999 | -26.9% |
| Financial fixed assets | 28 | €155 | €70 | -€85 | -54.9% |
| Current assets | 29/58 | €401,325 | €790,941 | +€389,616 | +97.1% |
| Amounts receivable within one year | 40/41 | €13,129 | - | -€13,129 | |
| Trade receivables | 40 | €13,129 | - | -€13,129 | |
| Current investments | 50/53 | €198,019 | €500,000 | +€301,981 | +152.5% |
| Cash at bank and in hand | 54/58 | €178,939 | €286,456 | +€107,517 | +60.1% |
| Deferred charges and accrued income | 490/1 | €11,239 | €4,485 | -€6,754 | -60.1% |
| Total equity and liabilities | 10/49 | €650,756 | €980,495 | +€329,740 | +50.7% |
| Equity | 10/15 | €596,949 | €921,250 | +€324,301 | +54.3% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Outside capital | 11 | €61,500 | - | -€61,500 | |
| Other | 1109/19 | €61,500 | - | -€61,500 | |
| Reserves | 13 | €546,109 | €859,750 | +€313,641 | +57.4% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,150 | €6,150 | = | 0.0% |
| Tax-exempt reserves | 132 | €121 | €121 | = | 0.0% |
| Distributable reserves | 133 | €539,838 | €853,479 | +€313,641 | +58.1% |
| Profit (loss) carried forward | 14 | -€10,660 | - | +€10,660 | |
| Amounts payable | 17/49 | €53,807 | €59,246 | +€5,439 | +10.1% |
| Amounts payable within one year | 42/48 | €42,225 | €52,064 | +€9,840 | +23.3% |
| Trade debts | 44 | €17,114 | €6,355 | -€10,759 | -62.9% |
| Suppliers | 440/4 | €17,114 | €6,355 | -€10,759 | -62.9% |
| Taxes, remuneration and social security | 45 | €10,307 | €31,189 | +€20,882 | +202.6% |
| Taxes | 450/3 | €7,516 | €30,603 | +€23,087 | +307.2% |
| Remuneration and social security | 454/9 | €2,791 | €585 | -€2,206 | -79.0% |
| Other amounts payable | 47/48 | €14,803 | €14,520 | -€283 | -1.9% |
| Accrued charges and deferred income | 492/3 | €11,582 | €7,182 | -€4,401 | -38.0% |
| Remuneration, social security and pensions | 62 | €39,237 | €133 | -€39,104 | -99.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,501 | €60,078 | +€3,578 | +6.3% |
| Other operating charges | 640/8 | €6,155 | €5,808 | -€348 | -5.6% |
| Non-recurring operating charges | 66A | - | €243 | +€243 | |
| Gross operating margin | 9900 | €7,634 | €496,948 | +€489,314 | +6409.9% |
| Operating profit (loss) | 9901 | -€94,259 | €430,687 | +€524,946 | |
| Financial income | 75/76B | €754 | €12,370 | +€11,615 | +1539.5% |
| Recurring financial income | 75 | €754 | €12,370 | +€11,615 | +1539.5% |
| Financial charges | 65/66B | €1,123 | €1,249 | +€125 | +11.2% |
| Recurring financial charges | 65 | €1,123 | €1,249 | +€125 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | -€94,628 | €441,808 | +€536,436 | |
| Income taxes | 67/77 | €1,485 | €117,508 | +€116,023 | +7814.5% |
| Profit (loss) for the period | 9904 | -€96,112 | €324,301 | +€420,413 | |
| Profit (loss) for the period to be appropriated | 9905 | -€96,112 | €324,301 | +€420,413 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.