Librairie de la Clef: 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.
Librairie de la Clef
Largest movements
- Cash -€11,184
down €11,184 (-21.9%), from €50,990 to €39,806
mainly Trade debts (-€18,440) and Investment in fixed assets (net) (-€12,623)
- Stocks and contracts +€4,652
up €4,652 (+3.4%), from €137,255 to €141,906
- Trade debts -€18,440
down €18,440 (-43.6%), from €42,277 to €23,837
- Reserves +€14,175
up €14,175 (+25.0%), from €56,636 to €70,811
of which Distributable reserves: +€14,175
- Tax, wage and social debts -€4,227
down €4,227 (-27.1%), from €15,619 to €11,392
of which Remuneration and social security: -€2,800
- Gross operating margin +€15,966
up €15,966 (+18.4%), from €86,771 to €102,737
- Staff costs +€11,775
up €11,775 (+25.3%), from €46,573 to €58,348
- Other operating charges +€5,502
up €5,502 (+271%), from €2,033 to €7,535
- Depreciation +€1,456
up €1,456 (+14.2%), from €10,249 to €11,705
- Taxes -€1,197
down €1,197 (-16.7%), from €7,182 to €5,985
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 | €226,097 | €218,535 | -€7,562 | -3.3% |
| Fixed assets | 21/28 | €24,411 | €25,329 | +€918 | +3.8% |
| Tangible fixed assets | 22/27 | €24,411 | €25,329 | +€918 | +3.8% |
| Plant, machinery and equipment | 23 | €3,755 | €3,244 | -€511 | -13.6% |
| Furniture and vehicles | 24 | €14,857 | €10,271 | -€4,585 | -30.9% |
| Other tangible fixed assets | 26 | €5,799 | €11,813 | +€6,014 | +104% |
| Current assets | 29/58 | €201,686 | €193,207 | -€8,479 | -4.2% |
| Stocks and contracts in progress | 3 | €137,255 | €141,906 | +€4,652 | +3.4% |
| Stocks | 30/36 | €137,255 | €141,906 | +€4,652 | +3.4% |
| Amounts receivable within one year | 40/41 | €13,441 | €11,494 | -€1,947 | -14.5% |
| Trade receivables | 40 | €84 | €247 | +€163 | +194% |
| Other amounts receivable | 41 | €13,357 | €11,247 | -€2,110 | -15.8% |
| Cash at bank and in hand | 54/58 | €50,990 | €39,806 | -€11,184 | -21.9% |
| Total equity and liabilities | 10/49 | €226,097 | €218,535 | -€7,562 | -3.3% |
| Equity | 10/15 | €166,762 | €180,937 | +€14,175 | +8.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,636 | €70,811 | +€14,175 | +25.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €36,026 | €50,201 | +€14,175 | +39.3% |
| Profit (loss) carried forward | 14 | €103,926 | €103,926 | = | 0.0% |
| Amounts payable | 17/49 | €59,335 | €37,598 | -€21,736 | -36.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €59,297 | €37,582 | -€21,714 | -36.6% |
| Current portion of amounts payable after more than one year | 42 | €1,400 | - | -€1,400 | |
| Trade debts | 44 | €42,277 | €23,837 | -€18,440 | -43.6% |
| Suppliers | 440/4 | €42,277 | €23,837 | -€18,440 | -43.6% |
| Advances received on contracts in progress | 46 | - | €889 | +€889 | |
| Taxes, remuneration and social security | 45 | €15,619 | €11,392 | -€4,227 | -27.1% |
| Taxes | 450/3 | €10,139 | €8,713 | -€1,427 | -14.1% |
| Remuneration and social security | 454/9 | €5,480 | €2,680 | -€2,800 | -51.1% |
| Other amounts payable | 47/48 | - | €1,464 | +€1,464 | |
| Accrued charges and deferred income | 492/3 | €38 | €16 | -€22 | -57.9% |
| Remuneration, social security and pensions | 62 | €46,573 | €58,348 | +€11,775 | +25.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,249 | €11,705 | +€1,456 | +14.2% |
| Other operating charges | 640/8 | €2,033 | €7,535 | +€5,502 | +271% |
| Gross operating margin | 9900 | €86,771 | €102,737 | +€15,966 | +18.4% |
| Operating profit (loss) | 9901 | €27,916 | €25,149 | -€2,767 | -9.9% |
| Financial income | 75/76B | €418 | €552 | +€134 | +32.0% |
| Recurring financial income | 75 | €418 | €552 | +€134 | +32.0% |
| Financial charges | 65/66B | €5,355 | €5,541 | +€186 | +3.5% |
| Recurring financial charges | 65 | €5,355 | €5,541 | +€186 | +3.5% |
| Profit (loss) for the period before taxes | 9903 | €22,979 | €20,160 | -€2,819 | -12.3% |
| Income taxes | 67/77 | €7,182 | €5,985 | -€1,197 | -16.7% |
| Profit (loss) for the period | 9904 | €15,797 | €14,175 | -€1,623 | -10.3% |
| Profit (loss) for the period to be appropriated | 9905 | €15,797 | €14,175 | -€1,623 | -10.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.