LIBRASEINE: 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.
LIBRASEINE
Largest movements
- Tangible fixed assets -€28,105
down €28,105 (-33.9%), from €82,795 to €54,690
- Stocks and contracts +€15,024
up €15,024 (+15.5%), from €97,027 to €112,052
- Cash +€14,135
up €14,135 (+31.9%), from €44,378 to €58,513
mainly Other debts (+€44,752) and Depreciation (+€30,730)
- Receivables within one year +€11,327
up €11,327 (+16.3%), from €69,301 to €80,628
of which Other amounts receivable: +€18,215
- Other debts +€44,752
up €44,752 (+89.4%), from €50,068 to €94,820
- Debts after one year -€25,420
down €25,420 (-46.5%), from €54,720 to €29,300
- Trade debts -€20,754
down €20,754 (-70.4%), from €29,487 to €8,733
- Profit (loss) carried forward +€19,268
up €19,268 (+22.6%), from €85,280 to €104,548
- Tax, wage and social debts -€8,684
down €8,684 (-27.5%), from €31,525 to €22,840
of which Remuneration and social security: -€11,794
- Gross operating margin -€14,766
down €14,766 (-8.6%), from €171,235 to €156,468
- Staff costs -€8,880
down €8,880 (-9.0%), from €98,296 to €89,417
- Other operating charges +€3,162
up €3,162 (+168%), from €1,888 to €5,050
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 | €299,072 | €310,899 | +€11,826 | +4.0% |
| Fixed assets | 21/28 | €88,262 | €59,110 | -€29,152 | -33.0% |
| Intangible fixed assets | 21 | €2,167 | €1,120 | -€1,047 | -48.3% |
| Tangible fixed assets | 22/27 | €82,795 | €54,690 | -€28,105 | -33.9% |
| Plant, machinery and equipment | 23 | €26,458 | €17,618 | -€8,839 | -33.4% |
| Furniture and vehicles | 24 | €10,589 | €5,589 | -€5,000 | -47.2% |
| Leasing and similar rights | 25 | €18,471 | €7,985 | -€10,486 | -56.8% |
| Other tangible fixed assets | 26 | €27,277 | €23,497 | -€3,780 | -13.9% |
| Financial fixed assets | 28 | €3,300 | €3,300 | = | 0.0% |
| Current assets | 29/58 | €210,810 | €251,789 | +€40,978 | +19.4% |
| Stocks and contracts in progress | 3 | €97,027 | €112,052 | +€15,024 | +15.5% |
| Stocks | 30/36 | €97,027 | €112,052 | +€15,024 | +15.5% |
| Amounts receivable within one year | 40/41 | €69,301 | €80,628 | +€11,327 | +16.3% |
| Trade receivables | 40 | €7,529 | €641 | -€6,888 | -91.5% |
| Other amounts receivable | 41 | €61,772 | €79,987 | +€18,215 | +29.5% |
| Cash at bank and in hand | 54/58 | €44,378 | €58,513 | +€14,135 | +31.9% |
| Deferred charges and accrued income | 490/1 | €104 | €597 | +€492 | +471% |
| Total equity and liabilities | 10/49 | €299,072 | €310,899 | +€11,826 | +4.0% |
| Equity | 10/15 | €105,280 | €124,548 | +€19,268 | +18.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €85,280 | €104,548 | +€19,268 | +22.6% |
| Amounts payable | 17/49 | €193,792 | €186,351 | -€7,441 | -3.8% |
| Amounts payable after more than one year | 17 | €54,720 | €29,300 | -€25,420 | -46.5% |
| Financial debts | 170/4 | €54,720 | €29,300 | -€25,420 | -46.5% |
| Amounts payable within one year | 42/48 | €139,072 | €151,627 | +€12,554 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €27,992 | €25,233 | -€2,760 | -9.9% |
| Trade debts | 44 | €29,487 | €8,733 | -€20,754 | -70.4% |
| Suppliers | 440/4 | €29,487 | €8,733 | -€20,754 | -70.4% |
| Taxes, remuneration and social security | 45 | €31,525 | €22,840 | -€8,684 | -27.5% |
| Taxes | 450/3 | €13,352 | €16,462 | +€3,110 | +23.3% |
| Remuneration and social security | 454/9 | €18,172 | €6,378 | -€11,794 | -64.9% |
| Other amounts payable | 47/48 | €50,068 | €94,820 | +€44,752 | +89.4% |
| Accrued charges and deferred income | 492/3 | - | €5,425 | +€5,425 | |
| Remuneration, social security and pensions | 62 | €98,296 | €89,417 | -€8,880 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,757 | €30,730 | -€27 | -0.1% |
| Other operating charges | 640/8 | €1,888 | €5,050 | +€3,162 | +168% |
| Gross operating margin | 9900 | €171,235 | €156,468 | -€14,766 | -8.6% |
| Operating profit (loss) | 9901 | €40,294 | €31,272 | -€9,022 | -22.4% |
| Financial income | 75/76B | €10 | €6 | -€3 | -34.3% |
| Recurring financial income | 75 | €10 | €6 | -€3 | -34.3% |
| Financial charges | 65/66B | €7,030 | €5,978 | -€1,052 | -15.0% |
| Recurring financial charges | 65 | €7,030 | €5,978 | -€1,052 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €33,273 | €25,300 | -€7,974 | -24.0% |
| Income taxes | 67/77 | €7,670 | €6,032 | -€1,638 | -21.4% |
| Profit (loss) for the period | 9904 | €25,603 | €19,268 | -€6,335 | -24.7% |
| Profit (loss) for the period to be appropriated | 9905 | €25,603 | €19,268 | -€6,335 | -24.7% |
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 21 October 2026 via checked.be.