LYBAERT RENT: 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.
LYBAERT RENT
Largest movements
- Receivables within one year +€76,344
up €76,344 (+19.6%), from €389,833 to €466,177
of which Trade receivables: +€77,888
- Tangible fixed assets -€43,598
down €43,598 (-11.3%), from €384,624 to €341,025
of which Furniture and vehicles: -€41,690
- Stocks and contracts -€23,513
down €23,513 (-27.6%), from €85,299 to €61,786
of which Contracts in progress: -€21,975
- Cash -€14,226
down €14,226 (-15.0%), from €94,977 to €80,751
mainly Other debts (-€84,398) and Receivables within one year (-€76,344)
- Trade debts +€85,697
up €85,697 (+234%), from €36,651 to €122,348
- Other debts -€84,398
down €84,398 (-11.8%), from €715,084 to €630,686
- Current portion of long-term debt -€38,232
down €38,232 (-61.2%), from €62,435 to €24,203
- Debts after one year +€25,781
up €25,781 (+89.3%), from €28,877 to €54,658
- Gross operating margin -€19,261
down €19,261 (-7.0%), from €275,014 to €255,753
- Depreciation -€10,542
down €10,542 (-7.7%), from €136,732 to €126,191
- Staff costs -€8,790
down €8,790 (-15.0%), from €58,597 to €49,807
- Other operating charges +€8,330
up €8,330 (+17.5%), from €47,689 to €56,019
- Taxes -€7,738
down €7,738 (-73.4%), from €10,542 to €2,805
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 | €988,845 | €975,644 | -€13,201 | -1.3% |
| Fixed assets | 21/28 | €398,764 | €345,409 | -€53,355 | -13.4% |
| Intangible fixed assets | 21 | €14,140 | €4,384 | -€9,757 | -69.0% |
| Tangible fixed assets | 22/27 | €384,624 | €341,025 | -€43,598 | -11.3% |
| Plant, machinery and equipment | 23 | €4,290 | €2,382 | -€1,908 | -44.5% |
| Furniture and vehicles | 24 | €380,334 | €338,643 | -€41,690 | -11.0% |
| Current assets | 29/58 | €590,081 | €630,235 | +€40,154 | +6.8% |
| Stocks and contracts in progress | 3 | €85,299 | €61,786 | -€23,513 | -27.6% |
| Stocks | 30/36 | €11,177 | €9,639 | -€1,538 | -13.8% |
| Contracts in progress | 37 | €74,122 | €52,147 | -€21,975 | -29.6% |
| Amounts receivable within one year | 40/41 | €389,833 | €466,177 | +€76,344 | +19.6% |
| Trade receivables | 40 | €384,902 | €462,790 | +€77,888 | +20.2% |
| Other amounts receivable | 41 | €4,931 | €3,387 | -€1,544 | -31.3% |
| Cash at bank and in hand | 54/58 | €94,977 | €80,751 | -€14,226 | -15.0% |
| Deferred charges and accrued income | 490/1 | €19,972 | €21,521 | +€1,549 | +7.8% |
| Total equity and liabilities | 10/49 | €988,845 | €975,644 | -€13,201 | -1.3% |
| Equity | 10/15 | €128,400 | €134,683 | +€6,283 | +4.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,345 | €126,628 | +€6,283 | +5.2% |
| Amounts payable | 17/49 | €860,445 | €840,961 | -€19,484 | -2.3% |
| Amounts payable after more than one year | 17 | €28,877 | €54,658 | +€25,781 | +89.3% |
| Financial debts | 170/4 | €28,877 | €54,658 | +€25,781 | +89.3% |
| Amounts payable within one year | 42/48 | €825,568 | €786,303 | -€39,265 | -4.8% |
| Current portion of amounts payable after more than one year | 42 | €62,435 | €24,203 | -€38,232 | -61.2% |
| Trade debts | 44 | €36,651 | €122,348 | +€85,697 | +234% |
| Suppliers | 440/4 | €36,651 | €122,348 | +€85,697 | +234% |
| Taxes, remuneration and social security | 45 | €11,398 | €9,066 | -€2,332 | -20.5% |
| Taxes | 450/3 | €1,561 | €1,871 | +€310 | +19.9% |
| Remuneration and social security | 454/9 | €9,837 | €7,194 | -€2,643 | -26.9% |
| Other amounts payable | 47/48 | €715,084 | €630,686 | -€84,398 | -11.8% |
| Accrued charges and deferred income | 492/3 | €6,000 | €0 | -€6,000 | -100% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,597 | €49,807 | -€8,790 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €136,732 | €126,191 | -€10,542 | -7.7% |
| Other operating charges | 640/8 | €47,689 | €56,019 | +€8,330 | +17.5% |
| Non-recurring operating charges | 66A | €291 | €5,580 | +€5,288 | +1,816% |
| Gross operating margin | 9900 | €275,014 | €255,753 | -€19,261 | -7.0% |
| Operating profit (loss) | 9901 | €31,704 | €18,156 | -€13,548 | -42.7% |
| Financial income | 75/76B | €315 | €4,525 | +€4,210 | +1,335% |
| Recurring financial income | 75 | €19 | €25 | +€6 | +30.3% |
| Non-recurring financial income | 76B | €296 | €4,500 | +€4,204 | +1,420% |
| Financial charges | 65/66B | €9,727 | €13,594 | +€3,867 | +39.8% |
| Recurring financial charges | 65 | €9,727 | €13,594 | +€3,867 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €22,292 | €9,088 | -€13,204 | -59.2% |
| Income taxes | 67/77 | €10,542 | €2,805 | -€7,738 | -73.4% |
| Profit (loss) for the period | 9904 | €11,750 | €6,283 | -€5,467 | -46.5% |
| Profit (loss) for the period to be appropriated | 9905 | €11,750 | €6,283 | -€5,467 | -46.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.