LIEBAU: 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.
LIEBAU
Largest movements
- Receivables within one year +€3,702
up €3,702 (+11.2%), from €33,018 to €36,720
- Other debts +€4,650
up €4,650 (+8.8%), from €52,966 to €57,616
- Trade debts -€1,767
down €1,767 (-96.7%), from €1,827 to €61
- Gross operating margin +€1,145
up €1,145 (+27.7%), from -€4,137 to -€2,991
- Other operating charges +€432
up €432 (+81.2%), from €532 to €964
- Financial charges +€213
up €213 (+33.8%), from €628 to €841
of which Non-recurring financial charges: +€244
- Financial income +€126
up €126 (+2.3%), from €5,440 to €5,567
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 | €158,073 | €161,727 | +€3,653 | +2.3% |
| Current assets | 29/58 | €158,073 | €161,727 | +€3,653 | +2.3% |
| Amounts receivable after more than one year | 29 | €125,000 | €125,000 | = | 0.0% |
| Trade receivables | 290 | €125,000 | €125,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €33,018 | €36,720 | +€3,702 | +11.2% |
| Other amounts receivable | 41 | €33,018 | €36,720 | +€3,702 | +11.2% |
| Cash at bank and in hand | 54/58 | €55 | €7 | -€48 | -87.7% |
| Total equity and liabilities | 10/49 | €158,073 | €161,727 | +€3,653 | +2.3% |
| Equity | 10/15 | €103,280 | €104,050 | +€770 | +0.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €97,080 | €97,850 | +€770 | +0.8% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €95,220 | €95,990 | +€770 | +0.8% |
| Amounts payable | 17/49 | €54,793 | €57,676 | +€2,883 | +5.3% |
| Amounts payable within one year | 42/48 | €54,793 | €57,676 | +€2,883 | +5.3% |
| Trade debts | 44 | €1,827 | €61 | -€1,767 | -96.7% |
| Suppliers | 440/4 | €1,827 | €61 | -€1,767 | -96.7% |
| Other amounts payable | 47/48 | €52,966 | €57,616 | +€4,650 | +8.8% |
| Other operating charges | 640/8 | €532 | €964 | +€432 | +81.2% |
| Gross operating margin | 9900 | -€4,137 | -€2,991 | +€1,145 | +27.7% |
| Operating profit (loss) | 9901 | -€4,669 | -€3,956 | +€713 | +15.3% |
| Financial income | 75/76B | €5,440 | €5,567 | +€126 | +2.3% |
| Recurring financial income | 75 | €5,440 | €5,567 | +€126 | +2.3% |
| Financial charges | 65/66B | €628 | €841 | +€213 | +33.8% |
| Recurring financial charges | 65 | €273 | €241 | -€32 | -11.6% |
| Non-recurring financial charges | 66B | €356 | €600 | +€244 | +68.6% |
| Profit (loss) for the period before taxes | 9903 | €143 | €770 | +€627 | +438.7% |
| Profit (loss) for the period | 9904 | €143 | €770 | +€627 | +438.7% |
| Profit (loss) for the period to be appropriated | 9905 | €143 | €770 | +€627 | +438.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.