Libumed: 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.
Libumed
Largest movements
- Current investments +€127,000
new in 2025: €127,000
- Receivables within one year -€67,520
down €67,520 (-79.9%), from €84,520 to €17,000
- Cash -€67,352
down €67,352 (-47.2%), from €142,704 to €75,352
mainly Contributions, distributions and other (-€220,000) and Current investments (-€127,000)
- Receivables after one year -€43,325
no longer reported in 2025 (was €43,325)
- Reserves -€119,202
down €119,202 (-79.6%), from €149,719 to €30,517
- Other debts +€47,329
up €47,329 (+47.3%), from €100,000 to €147,329
- Tax, wage and social debts +€20,126
up €20,126 (+131%), from €15,361 to €35,487
of which Taxes: +€24,051
- Gross operating margin -€4,456
down €4,456 (-3.2%), from €137,577 to €133,121
- Financial income -€3,752
down €3,752 (-95.5%), from €3,927 to €175
- Taxes -€2,296
down €2,296 (-7.5%), from €30,672 to €28,376
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 | €271,525 | €220,952 | -€50,573 | -18.6% |
| Fixed assets | 21/28 | €816 | €414 | -€402 | -49.3% |
| Tangible fixed assets | 22/27 | €816 | €414 | -€402 | -49.3% |
| Furniture and vehicles | 24 | €816 | €414 | -€402 | -49.3% |
| Current assets | 29/58 | €270,709 | €220,538 | -€50,171 | -18.5% |
| Amounts receivable after more than one year | 29 | €43,325 | - | -€43,325 | |
| Other amounts receivable | 291 | €43,325 | - | -€43,325 | |
| Amounts receivable within one year | 40/41 | €84,520 | €17,000 | -€67,520 | -79.9% |
| Other amounts receivable | 41 | €84,520 | €17,000 | -€67,520 | -79.9% |
| Current investments | 50/53 | - | €127,000 | +€127,000 | |
| Cash at bank and in hand | 54/58 | €142,704 | €75,352 | -€67,352 | -47.2% |
| Deferred charges and accrued income | 490/1 | €160 | €1,186 | +€1,026 | +642% |
| Total equity and liabilities | 10/49 | €271,525 | €220,952 | -€50,573 | -18.6% |
| Equity | 10/15 | €154,719 | €35,517 | -€119,202 | -77.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €149,719 | €30,517 | -€119,202 | -79.6% |
| Distributable reserves | 133 | €149,719 | €30,517 | -€119,202 | -79.6% |
| Amounts payable | 17/49 | €116,807 | €185,435 | +€68,629 | +58.8% |
| Amounts payable within one year | 42/48 | €116,807 | €185,435 | +€68,629 | +58.8% |
| Trade debts | 44 | €1,446 | €2,619 | +€1,173 | +81.1% |
| Suppliers | 440/4 | €1,446 | €2,619 | +€1,173 | +81.1% |
| Taxes, remuneration and social security | 45 | €15,361 | €35,487 | +€20,126 | +131% |
| Taxes | 450/3 | €11,436 | €35,487 | +€24,051 | +210% |
| Remuneration and social security | 454/9 | €3,925 | - | -€3,925 | |
| Other amounts payable | 47/48 | €100,000 | €147,329 | +€47,329 | +47.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,144 | €402 | -€742 | -64.9% |
| Other operating charges | 640/8 | €1,241 | €1,470 | +€229 | +18.4% |
| Gross operating margin | 9900 | €137,577 | €133,121 | -€4,456 | -3.2% |
| Operating profit (loss) | 9901 | €135,192 | €131,249 | -€3,943 | -2.9% |
| Financial income | 75/76B | €3,927 | €175 | -€3,752 | -95.5% |
| Recurring financial income | 75 | €3,927 | €175 | -€3,752 | -95.5% |
| Financial charges | 65/66B | €1,004 | €2,250 | +€1,247 | +124% |
| Recurring financial charges | 65 | €1,004 | €2,250 | +€1,247 | +124% |
| Profit (loss) for the period before taxes | 9903 | €138,116 | €129,174 | -€8,941 | -6.5% |
| Income taxes | 67/77 | €30,672 | €28,376 | -€2,296 | -7.5% |
| Profit (loss) for the period | 9904 | €107,444 | €100,798 | -€6,646 | -6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €107,444 | €100,798 | -€6,646 | -6.2% |
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 27 October 2026 via checked.be.