LIBRABEL: 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.
LIBRABEL
Largest movements
- Cash -€21,459
down €21,459 (-11.9%), from €180,680 to €159,221
mainly Debts after one year (-€9,899) and Net result for the year (-€8,159)
- Tangible fixed assets -€11,954
down €11,954 (-42.8%), from €27,921 to €15,966
of which Furniture and vehicles: -€10,722
- Stocks and contracts +€3,274
up €3,274 (+17.0%), from €19,308 to €22,582
- Debts after one year -€9,899
down €9,899 (-85.5%), from €11,585 to €1,685
- Profit (loss) carried forward -€8,159
down €8,159 (-11.5%), from €71,053 to €62,894
- Other debts -€6,237
down €6,237 (-5.6%), from €111,627 to €105,389
- Tax, wage and social debts -€2,906
down €2,906 (-37.4%), from €7,775 to €4,869
- Gross operating margin -€2,431
down €2,431 (-5.9%), from €41,281 to €38,850
- Taxes -€2,270
down €2,270, from €916 to -€1,354
- Depreciation +€1,610
up €1,610 (+15.6%), from €10,345 to €11,954
- Other operating charges -€1,013
down €1,013 (-59.4%), from €1,706 to €693
- Staff costs +€1,007
up €1,007 (+2.9%), from €34,878 to €35,884
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 | €244,579 | €215,532 | -€29,046 | -11.9% |
| Fixed assets | 21/28 | €28,778 | €16,823 | -€11,954 | -41.5% |
| Tangible fixed assets | 22/27 | €27,921 | €15,966 | -€11,954 | -42.8% |
| Plant, machinery and equipment | 23 | €5,120 | €3,887 | -€1,232 | -24.1% |
| Furniture and vehicles | 24 | €22,801 | €12,079 | -€10,722 | -47.0% |
| Financial fixed assets | 28 | €857 | €857 | = | 0.0% |
| Current assets | 29/58 | €215,801 | €198,709 | -€17,092 | -7.9% |
| Stocks and contracts in progress | 3 | €19,308 | €22,582 | +€3,274 | +17.0% |
| Stocks | 30/36 | €19,308 | €22,582 | +€3,274 | +17.0% |
| Amounts receivable within one year | 40/41 | €14,780 | €16,310 | +€1,530 | +10.4% |
| Trade receivables | 40 | €7,044 | €8,191 | +€1,147 | +16.3% |
| Other amounts receivable | 41 | €7,737 | €8,119 | +€382 | +4.9% |
| Cash at bank and in hand | 54/58 | €180,680 | €159,221 | -€21,459 | -11.9% |
| Deferred charges and accrued income | 490/1 | €1,032 | €596 | -€437 | -42.3% |
| Total equity and liabilities | 10/49 | €244,579 | €215,532 | -€29,046 | -11.9% |
| Equity | 10/15 | €79,113 | €70,954 | -€8,159 | -10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,053 | €62,894 | -€8,159 | -11.5% |
| Amounts payable | 17/49 | €165,466 | €144,578 | -€20,888 | -12.6% |
| Amounts payable after more than one year | 17 | €11,585 | €1,685 | -€9,899 | -85.5% |
| Financial debts | 170/4 | €11,585 | €1,685 | -€9,899 | -85.5% |
| Amounts payable within one year | 42/48 | €153,881 | €142,879 | -€11,002 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €9,544 | €9,899 | +€355 | +3.7% |
| Trade debts | 44 | €24,936 | €22,722 | -€2,214 | -8.9% |
| Suppliers | 440/4 | €24,936 | €22,722 | -€2,214 | -8.9% |
| Taxes, remuneration and social security | 45 | €7,775 | €4,869 | -€2,906 | -37.4% |
| Taxes | 450/3 | €7,775 | €4,869 | -€2,906 | -37.4% |
| Other amounts payable | 47/48 | €111,627 | €105,389 | -€6,237 | -5.6% |
| Accrued charges and deferred income | 492/3 | - | €14 | +€14 | |
| Remuneration, social security and pensions | 62 | €34,878 | €35,884 | +€1,007 | +2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,345 | €11,954 | +€1,610 | +15.6% |
| Other operating charges | 640/8 | €1,706 | €693 | -€1,013 | -59.4% |
| Gross operating margin | 9900 | €41,281 | €38,850 | -€2,431 | -5.9% |
| Operating profit (loss) | 9901 | -€5,648 | -€9,682 | -€4,035 | -71.4% |
| Financial income | 75/76B | €1,921 | €1,383 | -€537 | -28.0% |
| Recurring financial income | 75 | €1,921 | €1,383 | -€537 | -28.0% |
| Financial charges | 65/66B | €1,645 | €1,213 | -€431 | -26.2% |
| Recurring financial charges | 65 | €1,645 | €1,213 | -€431 | -26.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,372 | -€9,512 | -€4,140 | -77.1% |
| Income taxes | 67/77 | €916 | -€1,354 | -€2,270 | |
| Profit (loss) for the period | 9904 | -€6,288 | -€8,159 | -€1,870 | -29.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,288 | -€8,159 | -€1,870 | -29.7% |
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 5 October 2026 via checked.be.