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Liburna: 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.

What changed

Liburna

BE 0788.636.229
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€23,876
2023 · -€123,383+€147,258
Equity
€300,495
2023 · €276,619+€23,876
Cash
€14,098
2023 · €5,092+€9,006
Balance sheet total
€1.7m
2023 · €1.8m-€47,115

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€48,636

    down €48,636 (-2.8%), from €1.8m to €1.7m

Equity and liabilities
  • Debts after one year -€87,480

    down €87,480 (-6.3%), from €1.4m to €1.3m

  • Profit (loss) carried forward +€23,876

    up €23,876 (+19.4%), from -€123,383 to -€99,507

Income statement
  • Gross operating margin +€146,592

    up €146,592, from -€2,475 to €144,117

  • Financial charges -€5,139

    down €5,139 (-9.0%), from €56,806 to €51,667

  • Other operating charges +€2,769

    up €2,769 (+16.1%), from €17,169 to €19,938

  • Depreciation +€1,704

    up €1,704 (+3.6%), from €46,932 to €48,636

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€123,383
Gross operating margin +€146,592
Depreciation -€1,704
Other operating charges -€2,769
Financial charges +€5,139
Result 2024 €23,876

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€93,304
Investment €0
Financing -€84,298
Cash 2023 €5,092
Net result for the year +€23,876
Depreciation +€48,636
Receivables within one year -€2,373
Deferred charges and accrued income +€9,858
Trade debts -€462
Accrued charges and deferred income +€13,770
Debts after one year -€87,480
Current portion of long-term debt +€3,182
Cash 2024 €14,098
Every line side by side 30 lines
Line Code 2023 2024 Change %
Total assets 20/58 €1,774,512 €1,727,397 -€47,115 -2.7%
Fixed assets 21/28 €1,759,111 €1,710,475 -€48,636 -2.8%
Tangible fixed assets 22/27 €1,759,111 €1,710,475 -€48,636 -2.8%
Land and buildings 22 €1,759,111 €1,710,475 -€48,636 -2.8%
Current assets 29/58 €15,401 €16,922 +€1,521 +9.9%
Amounts receivable within one year 40/41 - €2,373 +€2,373
Other amounts receivable 41 - €2,373 +€2,373
Cash at bank and in hand 54/58 €5,092 €14,098 +€9,006 +176.9%
Deferred charges and accrued income 490/1 €10,309 €451 -€9,858 -95.6%
Total equity and liabilities 10/49 €1,774,512 €1,727,397 -€47,115 -2.7%
Equity 10/15 €276,619 €300,495 +€23,876 +8.6%
Contributions 10/11 €400,002 €400,002 = 0.0%
Profit (loss) carried forward 14 -€123,383 -€99,507 +€23,876 +19.4%
Amounts payable 17/49 €1,497,892 €1,426,902 -€70,991 -4.7%
Amounts payable after more than one year 17 €1,378,529 €1,291,049 -€87,480 -6.3%
Financial debts 170/4 €1,378,529 €1,291,049 -€87,480 -6.3%
Amounts payable within one year 42/48 €115,312 €118,032 +€2,720 +2.4%
Current portion of amounts payable after more than one year 42 €91,081 €94,263 +€3,182 +3.5%
Trade debts 44 €24,231 €23,769 -€462 -1.9%
Suppliers 440/4 €24,231 €23,769 -€462 -1.9%
Accrued charges and deferred income 492/3 €4,052 €17,821 +€13,770 +339.9%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €46,932 €48,636 +€1,704 +3.6%
Other operating charges 640/8 €17,169 €19,938 +€2,769 +16.1%
Gross operating margin 9900 -€2,475 €144,117 +€146,592
Operating profit (loss) 9901 -€66,576 €75,543 +€142,119
Financial charges 65/66B €56,806 €51,667 -€5,139 -9.0%
Recurring financial charges 65 €56,806 €51,667 -€5,139 -9.0%
Profit (loss) for the period before taxes 9903 -€123,383 €23,876 +€147,258
Profit (loss) for the period 9904 -€123,383 €23,876 +€147,258
Profit (loss) for the period to be appropriated 9905 -€123,383 €23,876 +€147,258

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.