LIBVERO: 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.
LIBVERO
Largest movements
- Cash +€12,813
up €12,813 (+36.0%), from €35,618 to €48,431
mainly Net result for the year (+€28,236) and Deferred charges and accrued income (+€12,607)
- Deferred charges and accrued income -€12,607
down €12,607 (-71.1%), from €17,743 to €5,136
- Receivables within one year +€4,118
up €4,118 (+100.4%), from €4,102 to €8,220
of which Trade receivables: +€4,627
- Reserves +€18,808
up €18,808 (+52.8%), from €35,600 to €54,408
- Tax, wage and social debts -€7,849
down €7,849 (-74.4%), from €10,547 to €2,698
- Other debts -€6,800
no longer reported in 2025 (was €6,800)
- Gross operating margin -€2,368
down €2,368 (-5.4%), from €44,146 to €41,778
- Staff costs -€830
no longer reported in 2025 (was €830)
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 | €57,463 | €61,786 | +€4,323 | +7.5% |
| Current assets | 29/58 | €57,463 | €61,786 | +€4,323 | +7.5% |
| Amounts receivable within one year | 40/41 | €4,102 | €8,220 | +€4,118 | +100.4% |
| Trade receivables | 40 | - | €4,627 | +€4,627 | |
| Other amounts receivable | 41 | €4,102 | €3,593 | -€509 | -12.4% |
| Cash at bank and in hand | 54/58 | €35,618 | €48,431 | +€12,813 | +36.0% |
| Deferred charges and accrued income | 490/1 | €17,743 | €5,136 | -€12,607 | -71.1% |
| Total equity and liabilities | 10/49 | €57,463 | €61,786 | +€4,323 | +7.5% |
| Equity | 10/15 | €39,600 | €58,408 | +€18,808 | +47.5% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €35,600 | €54,408 | +€18,808 | +52.8% |
| Distributable reserves | 133 | €35,600 | €54,408 | +€18,808 | +52.8% |
| Amounts payable | 17/49 | €17,863 | €3,378 | -€14,485 | -81.1% |
| Amounts payable within one year | 42/48 | €17,863 | €3,378 | -€14,485 | -81.1% |
| Trade debts | 44 | €515 | €680 | +€165 | +31.9% |
| Suppliers | 440/4 | €515 | €680 | +€165 | +31.9% |
| Taxes, remuneration and social security | 45 | €10,547 | €2,698 | -€7,849 | -74.4% |
| Taxes | 450/3 | €10,547 | €2,698 | -€7,849 | -74.4% |
| Other amounts payable | 47/48 | €6,800 | - | -€6,800 | |
| Remuneration, social security and pensions | 62 | €830 | - | -€830 | |
| Other operating charges | 640/8 | €185 | €165 | -€20 | -10.7% |
| Gross operating margin | 9900 | €44,146 | €41,778 | -€2,368 | -5.4% |
| Operating profit (loss) | 9901 | €43,131 | €41,613 | -€1,518 | -3.5% |
| Financial income | 75/76B | €510 | €376 | -€134 | -26.3% |
| Recurring financial income | 75 | €510 | €376 | -€134 | -26.3% |
| Financial charges | 65/66B | €57 | €56 | -€1 | -2.5% |
| Recurring financial charges | 65 | €57 | €56 | -€1 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €43,584 | €41,934 | -€1,650 | -3.8% |
| Income taxes | 67/77 | €13,847 | €13,698 | -€149 | -1.1% |
| Profit (loss) for the period | 9904 | €29,737 | €28,236 | -€1,501 | -5.0% |
| Profit (loss) for the period to be appropriated | 9905 | €29,737 | €28,236 | -€1,501 | -5.0% |
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 4 October 2026 via checked.be.