Librecht: 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.
Librecht
Largest movements
- Cash +€23,368
up €23,368 (+12.4%), from €188,146 to €211,513
mainly Net result for the year (+€53,784) and Depreciation (+€3,971)
- Reserves +€28,141
up €28,141 (+17.2%), from €163,227 to €191,368
of which Distributable reserves: +€28,141
- Tax, wage and social debts -€3,336
down €3,336 (-19.8%), from €16,824 to €13,488
of which Taxes: -€3,811
- Trade debts -€2,806
down €2,806 (-55.7%), from €5,034 to €2,228
- Gross operating margin +€11,258
up €11,258 (+16.4%), from €68,611 to €79,868
- Taxes +€3,274
up €3,274 (+18.4%), from €17,750 to €21,024
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 | €204,555 | €225,683 | +€21,128 | +10.3% |
| Fixed assets | 21/28 | €14,516 | €14,068 | -€447 | -3.1% |
| Tangible fixed assets | 22/27 | €9,491 | €9,043 | -€447 | -4.7% |
| Plant, machinery and equipment | 23 | €2,972 | €5,166 | +€2,194 | +73.8% |
| Furniture and vehicles | 24 | €3,795 | €2,191 | -€1,604 | -42.3% |
| Other tangible fixed assets | 26 | €2,724 | €1,687 | -€1,037 | -38.1% |
| Financial fixed assets | 28 | €5,025 | €5,025 | = | 0.0% |
| Current assets | 29/58 | €190,039 | €211,615 | +€21,575 | +11.4% |
| Amounts receivable within one year | 40/41 | €1,747 | €0 | -€1,747 | -100.0% |
| Other amounts receivable | 41 | €1,747 | €0 | -€1,747 | -100.0% |
| Cash at bank and in hand | 54/58 | €188,146 | €211,513 | +€23,368 | +12.4% |
| Deferred charges and accrued income | 490/1 | €146 | €101 | -€45 | -30.7% |
| Total equity and liabilities | 10/49 | €204,555 | €225,683 | +€21,128 | +10.3% |
| Equity | 10/15 | €181,827 | €209,968 | +€28,141 | +15.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,227 | €191,368 | +€28,141 | +17.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €163,227 | €191,368 | +€28,141 | +17.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €22,728 | €15,716 | -€7,013 | -30.9% |
| Amounts payable within one year | 42/48 | €22,728 | €15,716 | -€7,013 | -30.9% |
| Trade debts | 44 | €5,034 | €2,228 | -€2,806 | -55.7% |
| Suppliers | 440/4 | €5,034 | €2,228 | -€2,806 | -55.7% |
| Taxes, remuneration and social security | 45 | €16,824 | €13,488 | -€3,336 | -19.8% |
| Taxes | 450/3 | €16,824 | €13,013 | -€3,811 | -22.7% |
| Remuneration and social security | 454/9 | - | €475 | +€475 | |
| Other amounts payable | 47/48 | €871 | €0 | -€871 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,015 | €3,971 | -€44 | -1.1% |
| Other operating charges | 640/8 | €1,228 | €1,150 | -€78 | -6.3% |
| Gross operating margin | 9900 | €68,611 | €79,868 | +€11,258 | +16.4% |
| Operating profit (loss) | 9901 | €63,368 | €74,747 | +€11,379 | +18.0% |
| Financial income | 75/76B | €188 | €272 | +€84 | +44.5% |
| Recurring financial income | 75 | €188 | €272 | +€84 | +44.5% |
| Financial charges | 65/66B | €289 | €211 | -€78 | -27.1% |
| Recurring financial charges | 65 | €289 | €211 | -€78 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €63,266 | €74,807 | +€11,541 | +18.2% |
| Income taxes | 67/77 | €17,750 | €21,024 | +€3,274 | +18.4% |
| Profit (loss) for the period | 9904 | €45,517 | €53,784 | +€8,267 | +18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €45,517 | €53,784 | +€8,267 | +18.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.