LIBREMA: 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.
LIBREMA
Largest movements
- Tangible fixed assets -€21,147
down €21,147 (-11.6%), from €181,654 to €160,507
of which Land and buildings: -€14,515
- Receivables within one year -€6,221
down €6,221 (-74.6%), from €8,334 to €2,114
of which Trade receivables: -€6,792
- Profit (loss) carried forward -€16,510
down €16,510 (-6.1%), from -€268,883 to -€285,393
- Debts after one year -€11,556
down €11,556 (-7.8%), from €148,330 to €136,774
- Other debts +€9,051
up €9,051 (+30.5%), from €29,702 to €38,752
- Reserves -€4,219
down €4,219 (-7.7%), from €54,744 to €50,525
of which Tax-exempt reserves: -€4,219
- Trade debts -€4,185
down €4,185 (-82.8%), from €5,055 to €870
- Gross operating margin -€8,836
down €8,836 (-49.5%), from €17,846 to €9,010
- Depreciation -€6,656
down €6,656 (-23.9%), from €27,803 to €21,147
- Other operating charges +€2,121
up €2,121 (+69.7%), from €3,043 to €5,164
- Financial charges -€492
down €492 (-9.2%), from €5,326 to €4,834
- Write-downs +€286
no longer reported in 2025 (was -€286)
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 | €195,632 | €168,112 | -€27,520 | -14.1% |
| Fixed assets | 21/28 | €181,654 | €160,507 | -€21,147 | -11.6% |
| Tangible fixed assets | 22/27 | €181,654 | €160,507 | -€21,147 | -11.6% |
| Land and buildings | 22 | €173,039 | €158,524 | -€14,515 | -8.4% |
| Plant, machinery and equipment | 23 | €495 | €168 | -€327 | -66.0% |
| Furniture and vehicles | 24 | €7,820 | €1,815 | -€6,005 | -76.8% |
| Other tangible fixed assets | 26 | €300 | - | -€300 | |
| Current assets | 29/58 | €13,978 | €7,605 | -€6,373 | -45.6% |
| Amounts receivable within one year | 40/41 | €8,334 | €2,114 | -€6,221 | -74.6% |
| Trade receivables | 40 | €7,973 | €1,181 | -€6,792 | -85.2% |
| Other amounts receivable | 41 | €361 | €933 | +€571 | +158% |
| Cash at bank and in hand | 54/58 | €3,487 | €3,215 | -€271 | -7.8% |
| Deferred charges and accrued income | 490/1 | €2,157 | €2,276 | +€119 | +5.5% |
| Total equity and liabilities | 10/49 | €195,632 | €168,112 | -€27,520 | -14.1% |
| Equity | 10/15 | -€14,139 | -€34,868 | -€20,729 | -147% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €54,744 | €50,525 | -€4,219 | -7.7% |
| Non-distributable reserves | 130/1 | €1,902 | €1,902 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,902 | €1,902 | = | 0.0% |
| Tax-exempt reserves | 132 | €52,843 | €48,624 | -€4,219 | -8.0% |
| Profit (loss) carried forward | 14 | -€268,883 | -€285,393 | -€16,510 | -6.1% |
| Provisions and deferred taxes | 16 | €15,469 | €14,063 | -€1,406 | -9.1% |
| Deferred taxes | 168 | €15,469 | €14,063 | -€1,406 | -9.1% |
| Amounts payable | 17/49 | €194,303 | €188,917 | -€5,385 | -2.8% |
| Amounts payable after more than one year | 17 | €148,330 | €136,774 | -€11,556 | -7.8% |
| Financial debts | 170/4 | €148,330 | €136,774 | -€11,556 | -7.8% |
| Amounts payable within one year | 42/48 | €45,972 | €52,144 | +€6,171 | +13.4% |
| Current portion of amounts payable after more than one year | 42 | €11,215 | €11,556 | +€341 | +3.0% |
| Trade debts | 44 | €5,055 | €870 | -€4,185 | -82.8% |
| Suppliers | 440/4 | €5,055 | €870 | -€4,185 | -82.8% |
| Taxes, remuneration and social security | 45 | - | €965 | +€965 | |
| Taxes | 450/3 | - | €965 | +€965 | |
| Other amounts payable | 47/48 | €29,702 | €38,752 | +€9,051 | +30.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,803 | €21,147 | -€6,656 | -23.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€286 | - | +€286 | |
| Other operating charges | 640/8 | €3,043 | €5,164 | +€2,121 | +69.7% |
| Gross operating margin | 9900 | €17,846 | €9,010 | -€8,836 | -49.5% |
| Operating profit (loss) | 9901 | -€12,714 | -€17,301 | -€4,587 | -36.1% |
| Financial income | 75/76B | €0 | €1 | +€0 | +538% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +538% |
| Financial charges | 65/66B | €5,326 | €4,834 | -€492 | -9.2% |
| Recurring financial charges | 65 | €5,326 | €4,834 | -€492 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | -€18,039 | -€22,135 | -€4,095 | -22.7% |
| Transfer from deferred taxes | 780 | €5,625 | €1,406 | -€4,219 | -75.0% |
| Profit (loss) for the period | 9904 | -€12,414 | -€20,729 | -€8,314 | -67.0% |
| Transfer from tax-exempt reserves | 789 | - | €4,219 | +€4,219 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,414 | -€16,510 | -€4,095 | -33.0% |
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 1 November 2026 via checked.be.