LIBRACTIF: 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.
LIBRACTIF
Largest movements
- Tangible fixed assets -€24,678
down €24,678 (-6.0%), from €410,540 to €385,863
of which Land and buildings: -€24,299
- Profit (loss) carried forward -€45,424
down €45,424 (-6.7%), from -€678,028 to -€723,453
- Other debts +€42,500
up €42,500 (+5.2%), from €817,193 to €859,693
- Current portion of long-term debt -€23,553
down €23,553 (-97.9%), from €24,064 to €511
- Other operating charges -€11,144
down €11,144 (-98.7%), from €11,293 to €149
- Gross operating margin +€4,769
up €4,769 (+30.2%), from -€15,789 to -€11,020
- Financial charges -€2,574
down €2,574 (-21.2%), from €12,146 to €9,572
- Depreciation -€1,628
down €1,628 (-6.2%), from €26,305 to €24,678
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 | €416,244 | €388,845 | -€27,399 | -6.6% |
| Fixed assets | 21/28 | €410,930 | €386,253 | -€24,678 | -6.0% |
| Tangible fixed assets | 22/27 | €410,540 | €385,863 | -€24,678 | -6.0% |
| Land and buildings | 22 | €410,162 | €385,863 | -€24,299 | -5.9% |
| Furniture and vehicles | 24 | €378 | €0 | -€378 | -100.0% |
| Financial fixed assets | 28 | €390 | €390 | = | 0.0% |
| Current assets | 29/58 | €5,314 | €2,592 | -€2,721 | -51.2% |
| Amounts receivable within one year | 40/41 | €812 | €812 | = | 0.0% |
| Trade receivables | 40 | €300 | €300 | = | 0.0% |
| Other amounts receivable | 41 | €512 | €512 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,395 | €1,155 | -€2,240 | -66.0% |
| Deferred charges and accrued income | 490/1 | €1,107 | €625 | -€482 | -43.5% |
| Total equity and liabilities | 10/49 | €416,244 | €388,845 | -€27,399 | -6.6% |
| Equity | 10/15 | -€623,028 | -€668,453 | -€45,424 | -7.3% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €5,000 | €5,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€678,028 | -€723,453 | -€45,424 | -6.7% |
| Amounts payable | 17/49 | €1,039,273 | €1,057,298 | +€18,025 | +1.7% |
| Amounts payable after more than one year | 17 | €182,003 | €182,003 | = | 0.0% |
| Financial debts | 170/4 | €182,003 | €182,003 | = | 0.0% |
| Amounts payable within one year | 42/48 | €857,270 | €875,295 | +€18,025 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €24,064 | €511 | -€23,553 | -97.9% |
| Trade debts | 44 | €16,012 | €15,091 | -€921 | -5.8% |
| Suppliers | 440/4 | €16,012 | €15,091 | -€921 | -5.8% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €817,193 | €859,693 | +€42,500 | +5.2% |
| Remuneration, social security and pensions | 62 | €96 | €6 | -€91 | -94.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,305 | €24,678 | -€1,628 | -6.2% |
| Other operating charges | 640/8 | €11,293 | €149 | -€11,144 | -98.7% |
| Gross operating margin | 9900 | -€15,789 | -€11,020 | +€4,769 | +30.2% |
| Operating profit (loss) | 9901 | -€53,484 | -€35,852 | +€17,631 | +33.0% |
| Financial charges | 65/66B | €12,146 | €9,572 | -€2,574 | -21.2% |
| Recurring financial charges | 65 | €12,146 | €9,572 | -€2,574 | -21.2% |
| Profit (loss) for the period before taxes | 9903 | -€65,630 | -€45,424 | +€20,205 | +30.8% |
| Profit (loss) for the period | 9904 | -€65,630 | -€45,424 | +€20,205 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,630 | -€45,424 | +€20,205 | +30.8% |
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 28 September 2026 via checked.be.