LYBOTECH: 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.
What changed
LYBOTECH
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€44,745
2024 · €2,456+€42,290
Equity
€74,437
2024 · €54,692+€19,745
Cash
€115,689
2024 · €104,838+€10,851
Balance sheet total
€1.3m
2024 · €1.4m-€99,800
Largest movements
Assets
- Receivables within one year -€273,815
down €273,815 (-38.1%), from €717,823 to €444,008
of which Trade receivables: -€322,870
- Current investments +€155,014
new in 2025: €155,014
- Tangible fixed assets +€71,925
up €71,925 (+34.9%), from €206,365 to €278,291
of which Furniture and vehicles: +€79,324
- Deferred charges and accrued income -€48,144
down €48,144 (-24.3%), from €198,446 to €150,301
- Intangible fixed assets -€18,683
down €18,683 (-89.1%), from €20,971 to €2,288
Equity and liabilities
- Other debts -€270,000
down €270,000 (-91.5%), from €295,000 to €25,000
- Trade debts +€99,529
up €99,529 (+15.8%), from €631,718 to €731,247
- Debts after one year +€38,354
up €38,354 (+55.6%), from €68,924 to €107,278
- Reserves +€19,745
up €19,745 (+42.9%), from €46,055 to €65,800
- Short-term financial debts +€17,420
up €17,420 (+15.0%), from €116,148 to €133,568
Income statement
- Turnover -€5.1m
no longer reported in 2025 (was €5.1m)
- Goods and materials -€2.0m
no longer reported in 2025 (was €2.0m)
of which Purchases: -€2.0m
- Gross operating margin +€1.9m
new in 2025: €1.9m
- Services and other goods -€936,169
no longer reported in 2025 (was €936,169)
- Staff costs -€401,105
down €401,105 (-19.3%), from €2.1m to €1.7m
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.
Result 2024
€2,456
Turnover
-€5.1m
Other operating income
-€182,922
Goods and materials
+€2.0m
Services and other goods
+€936,169
Staff costs
+€401,105
Depreciation
+€30,704
Other operating charges
+€58,850
Other operating items
+€1.9m
Financial income
+€217
Financial charges
+€9,648
Taxes
-€14,446
Result 2025
€44,745
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.
From operations
+€309,123
Investment
-€316,199
Financing
+€17,928
Cash 2024
€104,838
From operations (derived)
+€309,123
Net result for the year
+€44,745
Depreciation
+€107,943
Stocks and contracts
-€3,052
Receivables within one year
+€273,815
Deferred charges and accrued income
+€48,144
Trade debts
+€99,529
Tax, wage and social debts
+€4,291
Other debts
-€270,000
Accrued charges and deferred income
+€3,708
Investment (derived)
-€316,199
Investment in fixed assets (net)
-€161,185
Current investments
-€155,014
Financing
+€17,928
Debts after one year
+€38,354
Current portion of long-term debt
-€12,846
Short-term financial debts
+€17,420
Contributions, distributions and other
-€25,000
Cash 2025
€115,689
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,389,759 | €1,289,959 | -€99,800 | -7.2% |
| Fixed assets | 21/28 | €227,336 | €280,579 | +€53,243 | +23.4% |
| Intangible fixed assets | 21 | €20,971 | €2,288 | -€18,683 | -89.1% |
| Tangible fixed assets | 22/27 | €206,365 | €278,291 | +€71,925 | +34.9% |
| Plant, machinery and equipment | 23 | €27,239 | €19,840 | -€7,399 | -27.2% |
| Furniture and vehicles | 24 | €179,126 | €258,451 | +€79,324 | +44.3% |
| Current assets | 29/58 | €1,162,422 | €1,009,380 | -€153,042 | -13.2% |
| Stocks and contracts in progress | 3 | €141,316 | €144,368 | +€3,052 | +2.2% |
| Stocks | 30/36 | €141,316 | €144,368 | +€3,052 | +2.2% |
| Raw materials and consumables | 30/31 | €141,316 | - | -€141,316 | |
| Amounts receivable within one year | 40/41 | €717,823 | €444,008 | -€273,815 | -38.1% |
| Trade receivables | 40 | €691,966 | €369,096 | -€322,870 | -46.7% |
| Other amounts receivable | 41 | €25,857 | €74,912 | +€49,055 | +189.7% |
| Current investments | 50/53 | - | €155,014 | +€155,014 | |
| Cash at bank and in hand | 54/58 | €104,838 | €115,689 | +€10,851 | +10.4% |
| Deferred charges and accrued income | 490/1 | €198,446 | €150,301 | -€48,144 | -24.3% |
| Total equity and liabilities | 10/49 | €1,389,759 | €1,289,959 | -€99,800 | -7.2% |
| Equity | 10/15 | €54,692 | €74,437 | +€19,745 | +36.1% |
| Contributions | 10/11 | €8,637 | €8,637 | = | 0.0% |
| Reserves | 13 | €46,055 | €65,800 | +€19,745 | +42.9% |
| Distributable reserves | 133 | €46,055 | €65,800 | +€19,745 | +42.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €1,335,067 | €1,215,522 | -€119,545 | -9.0% |
| Amounts payable after more than one year | 17 | €68,924 | €107,278 | +€38,354 | +55.6% |
| Financial debts | 170/4 | €68,924 | €107,278 | +€38,354 | +55.6% |
| Credit institutions | 173 | €68,924 | - | -€68,924 | |
| Amounts payable within one year | 42/48 | €1,244,749 | €1,083,143 | -€161,606 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €76,748 | €63,902 | -€12,846 | -16.7% |
| Financial debts | 43 | €116,148 | €133,568 | +€17,420 | +15.0% |
| Credit institutions | 430/8 | €116,148 | €133,568 | +€17,420 | +15.0% |
| Trade debts | 44 | €631,718 | €731,247 | +€99,529 | +15.8% |
| Suppliers | 440/4 | €631,718 | €731,247 | +€99,529 | +15.8% |
| Taxes, remuneration and social security | 45 | €125,135 | €129,426 | +€4,291 | +3.4% |
| Taxes | 450/3 | €10,238 | €23,107 | +€12,870 | +125.7% |
| Remuneration and social security | 454/9 | €114,898 | €106,319 | -€8,579 | -7.5% |
| Other amounts payable | 47/48 | €295,000 | €25,000 | -€270,000 | -91.5% |
| Accrued charges and deferred income | 492/3 | €21,394 | €25,102 | +€3,708 | +17.3% |
| Operating income | 70/76A | €5,263,305 | - | -€5.3m | |
| Turnover | 70 | €5,080,383 | - | -€5.1m | |
| Other operating income | 74 | €182,922 | - | -€182,922 | |
| Non-recurring operating income | 76A | - | €6,866 | +€6,866 | |
| Operating charges | 60/66A | €5,227,004 | - | -€5.2m | |
| Goods for resale, raw materials and consumables | 60 | €2,012,274 | - | -€2.0m | |
| Purchases | 600/8 | €1,999,194 | - | -€2.0m | |
| Change in stocks: decrease (increase) | 609 | €13,080 | - | -€13,080 | |
| Services and other goods | 61 | €936,169 | - | -€936,169 | |
| Remuneration, social security and pensions | 62 | €2,073,291 | €1,672,186 | -€401,105 | -19.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €138,646 | €107,943 | -€30,704 | -22.1% |
| Other operating charges | 640/8 | €66,616 | €7,766 | -€58,850 | -88.3% |
| Non-recurring operating charges | 66A | €8 | €141 | +€134 | +1740.9% |
| Gross operating margin | 9900 | - | €1,871,207 | +€1.9m | |
| Operating profit (loss) | 9901 | €36,301 | €83,172 | +€46,870 | +129.1% |
| Financial income | 75/76B | €0 | €217 | +€217 | +70029.0% |
| Recurring financial income | 75 | €0 | €217 | +€217 | +70029.0% |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €26,305 | €16,657 | -€9,648 | -36.7% |
| Recurring financial charges | 65 | €26,305 | €16,657 | -€9,648 | -36.7% |
| Debt charges | 650 | €25,006 | - | -€25,006 | |
| Other financial charges | 652/9 | €1,299 | - | -€1,299 | |
| Profit (loss) for the period before taxes | 9903 | €9,997 | €66,732 | +€56,735 | +567.5% |
| Income taxes | 67/77 | €7,541 | €21,987 | +€14,446 | +191.6% |
| Taxes | 670/3 | €7,541 | - | -€7,541 | |
| Profit (loss) for the period | 9904 | €2,456 | €44,745 | +€42,290 | +1722.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,456 | €44,745 | +€42,290 | +1722.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.