LIBRAN: 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.
LIBRAN
Largest movements
- Receivables after one year +€160,000
new in 2025: €160,000
- Current investments +€115,000
up €115,000 (+143.8%), from €80,000 to €195,000
- Cash -€21,355
down €21,355 (-48.2%), from €44,297 to €22,942
mainly Receivables after one year (-€160,000) and Current investments (-€115,000)
- Receivables within one year -€4,323
down €4,323 (-9.6%), from €44,918 to €40,594
of which Other amounts receivable: -€2,535
- Reserves +€207,060
up €207,060 (+182.9%), from €113,203 to €320,262
- Tax, wage and social debts +€31,331
up €31,331 (+60.2%), from €52,018 to €83,349
- Debts after one year +€14,194
new in 2025: €14,194
- Gross operating margin +€122,500
up €122,500 (+82.1%), from €149,175 to €271,674
- Taxes +€32,684
up €32,684 (+101.8%), from €32,104 to €64,788
- Financial income +€5,718
up €5,718 (+1392.9%), from €411 to €6,129
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 | €174,815 | €425,548 | +€250,732 | +143.4% |
| Fixed assets | 21/28 | €3,950 | €3,015 | -€934 | -23.7% |
| Tangible fixed assets | 22/27 | €3,950 | €3,015 | -€934 | -23.7% |
| Furniture and vehicles | 24 | €3,950 | €3,015 | -€934 | -23.7% |
| Current assets | 29/58 | €170,866 | €422,533 | +€251,667 | +147.3% |
| Amounts receivable after more than one year | 29 | - | €160,000 | +€160,000 | |
| Other amounts receivable | 291 | - | €160,000 | +€160,000 | |
| Amounts receivable within one year | 40/41 | €44,918 | €40,594 | -€4,323 | -9.6% |
| Trade receivables | 40 | €42,382 | €40,594 | -€1,788 | -4.2% |
| Other amounts receivable | 41 | €2,535 | €0 | -€2,535 | -100.0% |
| Current investments | 50/53 | €80,000 | €195,000 | +€115,000 | +143.8% |
| Cash at bank and in hand | 54/58 | €44,297 | €22,942 | -€21,355 | -48.2% |
| Deferred charges and accrued income | 490/1 | €1,652 | €3,997 | +€2,345 | +142.0% |
| Total equity and liabilities | 10/49 | €174,815 | €425,548 | +€250,732 | +143.4% |
| Equity | 10/15 | €117,203 | €324,262 | +€207,060 | +176.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €113,203 | €320,262 | +€207,060 | +182.9% |
| Distributable reserves | 133 | €113,203 | €320,262 | +€207,060 | +182.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €57,613 | €101,285 | +€43,672 | +75.8% |
| Amounts payable after more than one year | 17 | - | €14,194 | +€14,194 | |
| Other amounts payable | 178/9 | - | €14,194 | +€14,194 | |
| Amounts payable within one year | 42/48 | €57,613 | €87,092 | +€29,479 | +51.2% |
| Trade debts | 44 | €4,762 | €2,910 | -€1,852 | -38.9% |
| Suppliers | 440/4 | €4,762 | €2,910 | -€1,852 | -38.9% |
| Taxes, remuneration and social security | 45 | €52,018 | €83,349 | +€31,331 | +60.2% |
| Taxes | 450/3 | €52,018 | €83,349 | +€31,331 | +60.2% |
| Other amounts payable | 47/48 | €833 | €833 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €147 | €934 | +€787 | +534.8% |
| Other operating charges | 640/8 | €2,895 | €1,944 | -€951 | -32.8% |
| Gross operating margin | 9900 | €149,175 | €271,674 | +€122,500 | +82.1% |
| Operating profit (loss) | 9901 | €146,133 | €268,796 | +€122,663 | +83.9% |
| Financial income | 75/76B | €411 | €6,129 | +€5,718 | +1392.9% |
| Recurring financial income | 75 | €411 | €6,129 | +€5,718 | +1392.9% |
| Financial charges | 65/66B | €404 | €2,243 | +€1,840 | +456.0% |
| Recurring financial charges | 65 | €404 | €2,243 | +€1,840 | +456.0% |
| Profit (loss) for the period before taxes | 9903 | €146,140 | €272,681 | +€126,541 | +86.6% |
| Income taxes | 67/77 | €32,104 | €64,788 | +€32,684 | +101.8% |
| Profit (loss) for the period | 9904 | €114,036 | €207,893 | +€93,857 | +82.3% |
| Profit (loss) for the period to be appropriated | 9905 | €114,036 | €207,893 | +€93,857 | +82.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.