LIBRAS: 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.
LIBRAS
Largest movements
- Cash +€27,224
up €27,224 (+26.3%), from €103,478 to €130,702
mainly Net result for the year (+€40,338) and Depreciation (+€10,986)
- Tangible fixed assets -€7,423
down €7,423 (-32.4%), from €22,908 to €15,485
of which Furniture and vehicles: -€8,885
- Current investments -€2,461
no longer reported in 2025 (was €2,461)
- Profit (loss) carried forward +€16,808
up €16,808 (+30.8%), from €54,617 to €71,425
- Tax, wage and social debts +€4,568
up €4,568 (+103%), from €4,433 to €9,002
of which Taxes: +€4,318
- Trade debts -€2,507
down €2,507 (-59.0%), from €4,247 to €1,740
- Other debts -€1,562
down €1,562 (-6.1%), from €25,638 to €24,076
- Gross operating margin +€16,860
up €16,860 (+18.1%), from €92,939 to €109,799
- Financial charges -€7,913
down €7,913 (-14.8%), from €53,396 to €45,483
- Taxes +€5,993
up €5,993 (+91.6%), from €6,542 to €12,535
- Depreciation +€1,229
up €1,229 (+12.6%), from €9,758 to €10,986
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 | €131,359 | €148,667 | +€17,308 | +13.2% |
| Fixed assets | 21/28 | €22,968 | €15,545 | -€7,423 | -32.3% |
| Tangible fixed assets | 22/27 | €22,908 | €15,485 | -€7,423 | -32.4% |
| Plant, machinery and equipment | 23 | €2,535 | €3,997 | +€1,462 | +57.7% |
| Furniture and vehicles | 24 | €20,373 | €11,487 | -€8,885 | -43.6% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €108,391 | €133,122 | +€24,731 | +22.8% |
| Amounts receivable within one year | 40/41 | €52 | - | -€52 | |
| Trade receivables | 40 | €52 | - | -€52 | |
| Current investments | 50/53 | €2,461 | - | -€2,461 | |
| Cash at bank and in hand | 54/58 | €103,478 | €130,702 | +€27,224 | +26.3% |
| Deferred charges and accrued income | 490/1 | €2,400 | €2,421 | +€21 | +0.9% |
| Total equity and liabilities | 10/49 | €131,359 | €148,667 | +€17,308 | +13.2% |
| Equity | 10/15 | €97,041 | €113,849 | +€16,808 | +17.3% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €38,424 | €38,424 | = | 0.0% |
| Distributable reserves | 133 | €38,424 | €38,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €54,617 | €71,425 | +€16,808 | +30.8% |
| Amounts payable | 17/49 | €34,318 | €34,818 | +€500 | +1.5% |
| Amounts payable within one year | 42/48 | €34,318 | €34,818 | +€500 | +1.5% |
| Trade debts | 44 | €4,247 | €1,740 | -€2,507 | -59.0% |
| Suppliers | 440/4 | €4,247 | €1,740 | -€2,507 | -59.0% |
| Taxes, remuneration and social security | 45 | €4,433 | €9,002 | +€4,568 | +103% |
| Taxes | 450/3 | €4,433 | €8,752 | +€4,318 | +97.4% |
| Remuneration and social security | 454/9 | - | €250 | +€250 | |
| Other amounts payable | 47/48 | €25,638 | €24,076 | -€1,562 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,758 | €10,986 | +€1,229 | +12.6% |
| Other operating charges | 640/8 | €387 | €458 | +€70 | +18.2% |
| Gross operating margin | 9900 | €92,939 | €109,799 | +€16,860 | +18.1% |
| Operating profit (loss) | 9901 | €82,794 | €98,355 | +€15,561 | +18.8% |
| Financial income | 75/76B | €10 | €1 | -€9 | -87.9% |
| Recurring financial income | 75 | €10 | €1 | -€9 | -87.9% |
| Financial charges | 65/66B | €53,396 | €45,483 | -€7,913 | -14.8% |
| Recurring financial charges | 65 | €53,396 | €45,483 | -€7,913 | -14.8% |
| Profit (loss) for the period before taxes | 9903 | €29,408 | €52,873 | +€23,465 | +79.8% |
| Income taxes | 67/77 | €6,542 | €12,535 | +€5,993 | +91.6% |
| Profit (loss) for the period | 9904 | €22,866 | €40,338 | +€17,472 | +76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,866 | €40,338 | +€17,472 | +76.4% |
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 15 October 2026 via checked.be.