LIEBEL: 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.
LIEBEL
Largest movements
- Cash -€8,223
down €8,223 (-43.6%), from €18,876 to €10,653
mainly Net result for the year (-€17,042) and Deferred charges and accrued income (-€83)
- Tangible fixed assets -€6,586
down €6,586 (-14.9%), from €44,059 to €37,473
of which Land and buildings: -€6,198
- Profit (loss) carried forward -€17,042
down €17,042 (-63.2%), from -€26,947 to -€43,990
- Other debts +€2,365
up €2,365 (+7.6%), from €31,268 to €33,633
- Gross operating margin +€1,393
up €1,393 (+14.5%), from -€9,614 to -€8,221
- Other operating charges +€224
up €224 (+14.0%), from €1,597 to €1,821
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 | €65,142 | €50,444 | -€14,698 | -22.6% |
| Fixed assets | 21/28 | €44,059 | €37,473 | -€6,586 | -14.9% |
| Tangible fixed assets | 22/27 | €44,059 | €37,473 | -€6,586 | -14.9% |
| Land and buildings | 22 | €43,671 | €37,473 | -€6,198 | -14.2% |
| Furniture and vehicles | 24 | €388 | €0 | -€388 | -100% |
| Current assets | 29/58 | €21,083 | €12,970 | -€8,113 | -38.5% |
| Amounts receivable within one year | 40/41 | €102 | €129 | +€27 | +26.6% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €102 | €129 | +€27 | +26.6% |
| Cash at bank and in hand | 54/58 | €18,876 | €10,653 | -€8,223 | -43.6% |
| Deferred charges and accrued income | 490/1 | €2,105 | €2,188 | +€83 | +4.0% |
| Total equity and liabilities | 10/49 | €65,142 | €50,444 | -€14,698 | -22.6% |
| Equity | 10/15 | €32,208 | €15,165 | -€17,042 | -52.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,555 | €40,555 | = | 0.0% |
| 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 | €38,695 | €38,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,947 | -€43,990 | -€17,042 | -63.2% |
| Amounts payable | 17/49 | €32,934 | €35,278 | +€2,344 | +7.1% |
| Amounts payable within one year | 42/48 | €32,934 | €35,278 | +€2,344 | +7.1% |
| Trade debts | 44 | €1,426 | €1,472 | +€46 | +3.2% |
| Suppliers | 440/4 | €1,426 | €1,472 | +€46 | +3.2% |
| Taxes, remuneration and social security | 45 | €241 | €174 | -€66 | -27.6% |
| Taxes | 450/3 | €241 | €174 | -€66 | -27.6% |
| Other amounts payable | 47/48 | €31,268 | €33,633 | +€2,365 | +7.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,629 | €6,586 | -€44 | -0.7% |
| Other operating charges | 640/8 | €1,597 | €1,821 | +€224 | +14.0% |
| Gross operating margin | 9900 | -€9,614 | -€8,221 | +€1,393 | +14.5% |
| Operating profit (loss) | 9901 | -€17,840 | -€16,628 | +€1,212 | +6.8% |
| Financial income | 75/76B | €112 | €88 | -€24 | -21.7% |
| Recurring financial income | 75 | €112 | €88 | -€24 | -21.7% |
| Financial charges | 65/66B | €281 | €302 | +€21 | +7.5% |
| Recurring financial charges | 65 | €281 | €302 | +€21 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,009 | -€16,842 | +€1,167 | +6.5% |
| Income taxes | 67/77 | €274 | €201 | -€74 | -26.9% |
| Profit (loss) for the period | 9904 | -€18,283 | -€17,042 | +€1,241 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,283 | -€17,042 | +€1,241 | +6.8% |
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 18 October 2026 via checked.be.