Liebro Consulting: 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.
Liebro Consulting
Largest movements
- Cash -€65,180
down €65,180 (-53.1%), from €122,733 to €57,554
mainly Contributions, distributions and other (-€110,000) and Debts after one year (-€22,012)
- Receivables within one year -€32,337
down €32,337 (-45.5%), from €71,025 to €38,688
of which Other amounts receivable: -€62,433
- Tangible fixed assets +€9,972
up €9,972 (+432%), from €2,309 to €12,280
of which Furniture and vehicles: +€8,541
- Reserves -€76,031
down €76,031 (-68.7%), from €110,722 to €34,691
- Debts after one year -€22,012
down €22,012 (-49.7%), from €44,261 to €22,248
- Tax, wage and social debts +€5,562
up €5,562 (+60.6%), from €9,182 to €14,744
of which Remuneration and social security: +€6,577
- Other debts +€4,443
new in 2025: €4,443
- Gross operating margin +€27,944
up €27,944 (+160%), from €17,443 to €45,387
- Taxes +€3,694
up €3,694 (+84.7%), from €4,361 to €8,054
- Other operating charges +€1,530
up €1,530 (+175%), from €873 to €2,403
- Financial charges -€912
down €912 (-36.4%), from €2,509 to €1,597
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 | €197,611 | €109,356 | -€88,255 | -44.7% |
| Fixed assets | 21/28 | €2,309 | €12,280 | +€9,972 | +432% |
| Tangible fixed assets | 22/27 | €2,309 | €12,280 | +€9,972 | +432% |
| Land and buildings | 22 | - | €699 | +€699 | |
| Plant, machinery and equipment | 23 | €2,309 | €3,040 | +€732 | +31.7% |
| Furniture and vehicles | 24 | - | €8,541 | +€8,541 | |
| Current assets | 29/58 | €195,302 | €97,075 | -€98,227 | -50.3% |
| Amounts receivable within one year | 40/41 | €71,025 | €38,688 | -€32,337 | -45.5% |
| Trade receivables | 40 | €5,019 | €35,115 | +€30,096 | +600% |
| Other amounts receivable | 41 | €66,006 | €3,573 | -€62,433 | -94.6% |
| Cash at bank and in hand | 54/58 | €122,733 | €57,554 | -€65,180 | -53.1% |
| Deferred charges and accrued income | 490/1 | €1,543 | €833 | -€710 | -46.0% |
| Total equity and liabilities | 10/49 | €197,611 | €109,356 | -€88,255 | -44.7% |
| Equity | 10/15 | €115,722 | €39,691 | -€76,031 | -65.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €110,722 | €34,691 | -€76,031 | -68.7% |
| Distributable reserves | 133 | €110,722 | €34,691 | -€76,031 | -68.7% |
| Amounts payable | 17/49 | €81,888 | €69,664 | -€12,224 | -14.9% |
| Amounts payable after more than one year | 17 | €44,261 | €22,248 | -€22,012 | -49.7% |
| Financial debts | 170/4 | €44,261 | €22,248 | -€22,012 | -49.7% |
| Amounts payable within one year | 42/48 | €37,628 | €47,416 | +€9,788 | +26.0% |
| Current portion of amounts payable after more than one year | 42 | €21,798 | €22,031 | +€233 | +1.1% |
| Trade debts | 44 | €6,648 | €6,198 | -€450 | -6.8% |
| Suppliers | 440/4 | €6,648 | €6,198 | -€450 | -6.8% |
| Taxes, remuneration and social security | 45 | €9,182 | €14,744 | +€5,562 | +60.6% |
| Taxes | 450/3 | €9,179 | €8,165 | -€1,015 | -11.1% |
| Remuneration and social security | 454/9 | €3 | €6,579 | +€6,577 | +229,949% |
| Other amounts payable | 47/48 | - | €4,443 | +€4,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,869 | €1,613 | -€256 | -13.7% |
| Other operating charges | 640/8 | €873 | €2,403 | +€1,530 | +175% |
| Gross operating margin | 9900 | €17,443 | €45,387 | +€27,944 | +160% |
| Operating profit (loss) | 9901 | €14,700 | €41,370 | +€26,670 | +181% |
| Financial income | 75/76B | €1,801 | €2,250 | +€450 | +25.0% |
| Recurring financial income | 75 | €1,801 | €2,250 | +€450 | +25.0% |
| Financial charges | 65/66B | €2,509 | €1,597 | -€912 | -36.4% |
| Recurring financial charges | 65 | €2,509 | €1,597 | -€912 | -36.4% |
| Profit (loss) for the period before taxes | 9903 | €13,992 | €42,023 | +€28,032 | +200% |
| Income taxes | 67/77 | €4,361 | €8,054 | +€3,694 | +84.7% |
| Profit (loss) for the period | 9904 | €9,631 | €33,969 | +€24,338 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €9,631 | €33,969 | +€24,338 | +253% |
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 22 October 2026 via checked.be.