LIBRA-NOTARISSEN: 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.
LIBRA-NOTARISSEN
Largest movements
- Intangible fixed assets -€125,997
down €125,997 (-16.4%), from €766,138 to €640,141
- Cash +€87,121
up €87,121 (+21.8%), from €399,033 to €486,154
mainly Depreciation (+€161,456) and Net result for the year (+€139,829)
- Tangible fixed assets -€35,459
down €35,459 (-21.2%), from €167,448 to €131,989
of which Furniture and vehicles: -€51,794
- Receivables within one year -€18,178
down €18,178 (-29.2%), from €62,313 to €44,135
of which Trade receivables: -€17,520
- Debts after one year -€138,960
down €138,960 (-20.0%), from €693,457 to €554,497
- Other debts +€42,858
up €42,858 (+21.7%), from €197,142 to €240,000
- Reserves +€19,800
up €19,800 (+13.5%), from €146,400 to €166,200
- Trade debts -€16,328
down €16,328 (-19.7%), from €82,740 to €66,412
- Gross operating margin +€101,777
up €101,777 (+12.0%), from €848,421 to €950,199
- Staff costs +€34,251
up €34,251 (+5.8%), from €591,664 to €625,915
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 | €1,412,563 | €1,309,761 | -€102,801 | -7.3% |
| Fixed assets | 21/28 | €934,881 | €773,425 | -€161,456 | -17.3% |
| Intangible fixed assets | 21 | €766,138 | €640,141 | -€125,997 | -16.4% |
| Tangible fixed assets | 22/27 | €167,448 | €131,989 | -€35,459 | -21.2% |
| Furniture and vehicles | 24 | €99,049 | €47,254 | -€51,794 | -52.3% |
| Other tangible fixed assets | 26 | €68,399 | €84,735 | +€16,336 | +23.9% |
| Financial fixed assets | 28 | €1,295 | €1,295 | = | 0.0% |
| Current assets | 29/58 | €477,682 | €536,336 | +€58,655 | +12.3% |
| Amounts receivable within one year | 40/41 | €62,313 | €44,135 | -€18,178 | -29.2% |
| Trade receivables | 40 | €57,252 | €39,732 | -€17,520 | -30.6% |
| Other amounts receivable | 41 | €5,061 | €4,403 | -€658 | -13.0% |
| Cash at bank and in hand | 54/58 | €399,033 | €486,154 | +€87,121 | +21.8% |
| Deferred charges and accrued income | 490/1 | €16,336 | €6,047 | -€10,289 | -63.0% |
| Total equity and liabilities | 10/49 | €1,412,563 | €1,309,761 | -€102,801 | -7.3% |
| Equity | 10/15 | €176,495 | €196,323 | +€19,829 | +11.2% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €146,400 | €166,200 | +€19,800 | +13.5% |
| Distributable reserves | 133 | €146,400 | €166,200 | +€19,800 | +13.5% |
| Profit (loss) carried forward | 14 | €95 | €123 | +€29 | +30.1% |
| Amounts payable | 17/49 | €1,236,068 | €1,113,438 | -€122,630 | -9.9% |
| Amounts payable after more than one year | 17 | €693,457 | €554,497 | -€138,960 | -20.0% |
| Financial debts | 170/4 | €693,457 | €554,497 | -€138,960 | -20.0% |
| Amounts payable within one year | 42/48 | €538,185 | €554,516 | +€16,330 | +3.0% |
| Current portion of amounts payable after more than one year | 42 | €146,815 | €138,960 | -€7,855 | -5.4% |
| Trade debts | 44 | €82,740 | €66,412 | -€16,328 | -19.7% |
| Suppliers | 440/4 | €82,740 | €66,412 | -€16,328 | -19.7% |
| Taxes, remuneration and social security | 45 | €111,488 | €109,144 | -€2,345 | -2.1% |
| Taxes | 450/3 | €50,619 | €32,407 | -€18,212 | -36.0% |
| Remuneration and social security | 454/9 | €60,869 | €76,737 | +€15,867 | +26.1% |
| Other amounts payable | 47/48 | €197,142 | €240,000 | +€42,858 | +21.7% |
| Accrued charges and deferred income | 492/3 | €4,425 | €4,425 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €591,664 | €625,915 | +€34,251 | +5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,793 | €161,456 | -€2,337 | -1.4% |
| Other operating charges | 640/8 | €13,107 | €16,117 | +€3,010 | +23.0% |
| Gross operating margin | 9900 | €848,421 | €950,199 | +€101,777 | +12.0% |
| Operating profit (loss) | 9901 | €79,858 | €146,710 | +€66,853 | +83.7% |
| Financial income | 75/76B | €6,593 | €13,401 | +€6,808 | +103% |
| Recurring financial income | 75 | €6,593 | €13,401 | +€6,808 | +103% |
| Financial charges | 65/66B | €9,321 | €6,538 | -€2,783 | -29.9% |
| Recurring financial charges | 65 | €9,321 | €6,538 | -€2,783 | -29.9% |
| Profit (loss) for the period before taxes | 9903 | €77,130 | €153,573 | +€76,443 | +99.1% |
| Income taxes | 67/77 | €8,293 | €13,745 | +€5,451 | +65.7% |
| Profit (loss) for the period | 9904 | €68,837 | €139,829 | +€70,992 | +103% |
| Profit (loss) for the period to be appropriated | 9905 | €68,837 | €139,829 | +€70,992 | +103% |
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 25 October 2026 via checked.be.