LIBRAX: 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.
LIBRAX
Largest movements
- Cash +€62,233
up €62,233 (+51.6%), from €120,566 to €182,799
mainly Net result for the year (+€66,693) and Receivables after one year (+€45,000)
- Receivables after one year -€45,000
down €45,000 (-33.3%), from €135,000 to €90,000
- Tangible fixed assets +€25,855
up €25,855 (+63.9%), from €40,471 to €66,325
of which Furniture and vehicles: +€29,985
- Receivables within one year -€16,063
down €16,063 (-44.5%), from €36,119 to €20,056
- Debts after one year +€21,853
up €21,853, from €0 to €21,853
- Other debts -€21,347
down €21,347 (-77.5%), from €27,558 to €6,210
- Reserves +€19,630
up €19,630 (+6.6%), from €295,926 to €315,556
- Current portion of long-term debt +€11,405
up €11,405 (+260.5%), from €4,378 to €15,783
- Tax, wage and social debts -€6,168
down €6,168 (-26.2%), from €23,578 to €17,410
of which Taxes: -€6,168
- Gross operating margin +€5,215
up €5,215 (+5.3%), from €98,157 to €103,372
- Depreciation -€3,925
down €3,925 (-23.6%), from €16,666 to €12,740
- Taxes +€2,286
up €2,286 (+9.5%), from €24,028 to €26,314
- Financial income -€1,755
down €1,755 (-27.6%), from €6,367 to €4,612
- Financial charges -€1,371
down €1,371 (-46.7%), from €2,933 to €1,563
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 | €360,162 | €387,394 | +€27,232 | +7.6% |
| Fixed assets | 21/28 | €40,471 | €66,325 | +€25,855 | +63.9% |
| Tangible fixed assets | 22/27 | €40,471 | €66,325 | +€25,855 | +63.9% |
| Plant, machinery and equipment | 23 | €1,708 | €962 | -€746 | -43.7% |
| Furniture and vehicles | 24 | €16,238 | €46,223 | +€29,985 | +184.7% |
| Other tangible fixed assets | 26 | €22,525 | €19,140 | -€3,385 | -15.0% |
| Current assets | 29/58 | €319,691 | €321,068 | +€1,378 | +0.4% |
| Amounts receivable after more than one year | 29 | €135,000 | €90,000 | -€45,000 | -33.3% |
| Other amounts receivable | 291 | €135,000 | €90,000 | -€45,000 | -33.3% |
| Amounts receivable within one year | 40/41 | €36,119 | €20,056 | -€16,063 | -44.5% |
| Trade receivables | 40 | €36,119 | €20,056 | -€16,063 | -44.5% |
| Current investments | 50/53 | €23,499 | €24,298 | +€799 | +3.4% |
| Cash at bank and in hand | 54/58 | €120,566 | €182,799 | +€62,233 | +51.6% |
| Deferred charges and accrued income | 490/1 | €4,507 | €3,916 | -€591 | -13.1% |
| Total equity and liabilities | 10/49 | €360,162 | €387,394 | +€27,232 | +7.6% |
| Equity | 10/15 | €302,126 | €321,756 | +€19,630 | +6.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €295,926 | €315,556 | +€19,630 | +6.6% |
| Distributable reserves | 133 | €295,926 | €315,556 | +€19,630 | +6.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €58,036 | €65,638 | +€7,602 | +13.1% |
| Amounts payable after more than one year | 17 | €0 | €21,853 | +€21,853 | |
| Financial debts | 170/4 | €0 | €21,853 | +€21,853 | |
| Amounts payable within one year | 42/48 | €58,036 | €43,785 | -€14,251 | -24.6% |
| Current portion of amounts payable after more than one year | 42 | €4,378 | €15,783 | +€11,405 | +260.5% |
| Trade debts | 44 | €2,522 | €4,382 | +€1,860 | +73.8% |
| Suppliers | 440/4 | €2,522 | €4,382 | +€1,860 | +73.8% |
| Taxes, remuneration and social security | 45 | €23,578 | €17,410 | -€6,168 | -26.2% |
| Taxes | 450/3 | €21,143 | €14,975 | -€6,168 | -29.2% |
| Remuneration and social security | 454/9 | €2,435 | €2,435 | = | 0.0% |
| Other amounts payable | 47/48 | €27,558 | €6,210 | -€21,347 | -77.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Non-recurring operating income | 76A | - | €10,456 | +€10,456 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,666 | €12,740 | -€3,925 | -23.6% |
| Other operating charges | 640/8 | €683 | €674 | -€10 | -1.4% |
| Non-recurring operating charges | 66A | €601 | €0 | -€601 | -100.0% |
| Gross operating margin | 9900 | €98,157 | €103,372 | +€5,215 | +5.3% |
| Operating profit (loss) | 9901 | €80,206 | €89,958 | +€9,752 | +12.2% |
| Financial income | 75/76B | €6,367 | €4,612 | -€1,755 | -27.6% |
| Recurring financial income | 75 | €6,367 | €4,612 | -€1,755 | -27.6% |
| Financial charges | 65/66B | €2,933 | €1,563 | -€1,371 | -46.7% |
| Recurring financial charges | 65 | €2,933 | €1,563 | -€1,371 | -46.7% |
| Profit (loss) for the period before taxes | 9903 | €83,640 | €93,007 | +€9,367 | +11.2% |
| Income taxes | 67/77 | €24,028 | €26,314 | +€2,286 | +9.5% |
| Profit (loss) for the period | 9904 | €59,612 | €66,693 | +€7,081 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | €59,612 | €66,693 | +€7,081 | +11.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.