O'LIBERTA: 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.
O'LIBERTA
Largest movements
- Tangible fixed assets -€18,239
down €18,239 (-11.4%), from €159,313 to €141,074
- Stocks and contracts +€4,153
up €4,153 (+68.2%), from €6,091 to €10,244
- Cash +€3,901
up €3,901 (+98.1%), from €3,979 to €7,880
mainly Depreciation (+€21,091) and Other debts (+€17,186)
- Intangible fixed assets -€2,852
down €2,852 (-20.3%), from €14,050 to €11,198
- Deferred charges and accrued income +€2,421
new in 2024: €2,421
- Profit (loss) carried forward -€34,082
down €34,082 (-339.2%), from -€10,048 to -€44,130
- Other debts +€17,186
up €17,186 (+42.5%), from €40,424 to €57,610
- Accrued charges and deferred income +€9,629
up €9,629 (+3140.9%), from €307 to €9,936
- Trade debts -€8,777
down €8,777 (-22.5%), from €39,051 to €30,274
- Debts after one year -€7,681
down €7,681 (-7.6%), from €100,955 to €93,275
of which Financial debts: -€15,922
- Purchases and services -€48,157
no longer reported in 2024 (was €48,157)
- Turnover -€47,332
no longer reported in 2024 (was €47,332)
- Gross operating margin +€30,481
up €30,481 (+15859.6%), from €192 to €30,673
- Staff costs +€30,474
up €30,474 (+485.9%), from €6,271 to €36,745
- Depreciation +€19,509
up €19,509 (+1232.9%), from €1,582 to €21,091
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €193,705 | €183,628 | -€10,077 | -5.2% |
| Fixed assets | 21/28 | €177,068 | €155,977 | -€21,091 | -11.9% |
| Intangible fixed assets | 21 | €14,050 | €11,198 | -€2,852 | -20.3% |
| Tangible fixed assets | 22/27 | €159,313 | €141,074 | -€18,239 | -11.4% |
| Plant, machinery and equipment | 23 | €63,247 | €54,842 | -€8,405 | -13.3% |
| Furniture and vehicles | 24 | €10,905 | €9,651 | -€1,254 | -11.5% |
| Other tangible fixed assets | 26 | €85,161 | €76,582 | -€8,580 | -10.1% |
| Financial fixed assets | 28 | €3,705 | €3,705 | = | 0.0% |
| Current assets | 29/58 | €16,637 | €27,651 | +€11,014 | +66.2% |
| Stocks and contracts in progress | 3 | €6,091 | €10,244 | +€4,153 | +68.2% |
| Stocks | 30/36 | €6,091 | €10,244 | +€4,153 | +68.2% |
| Amounts receivable within one year | 40/41 | €6,567 | €7,105 | +€538 | +8.2% |
| Trade receivables | 40 | €5,923 | €3,900 | -€2,023 | -34.1% |
| Other amounts receivable | 41 | €643 | €3,205 | +€2,561 | +398.0% |
| Cash at bank and in hand | 54/58 | €3,979 | €7,880 | +€3,901 | +98.1% |
| Deferred charges and accrued income | 490/1 | - | €2,421 | +€2,421 | |
| Total equity and liabilities | 10/49 | €193,705 | €183,628 | -€10,077 | -5.2% |
| Equity | 10/15 | -€7,048 | -€41,130 | -€34,082 | -483.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,048 | -€44,130 | -€34,082 | -339.2% |
| Amounts payable | 17/49 | €200,753 | €224,758 | +€24,005 | +12.0% |
| Amounts payable after more than one year | 17 | €100,955 | €93,275 | -€7,681 | -7.6% |
| Financial debts | 170/4 | €100,955 | €85,033 | -€15,922 | -15.8% |
| Other amounts payable | 178/9 | - | €8,242 | +€8,242 | |
| Amounts payable within one year | 42/48 | €99,491 | €121,547 | +€22,056 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €16,202 | €16,824 | +€621 | +3.8% |
| Financial debts | 43 | - | €7,373 | +€7,373 | |
| Other loans | 439 | - | €7,373 | +€7,373 | |
| Trade debts | 44 | €39,051 | €30,274 | -€8,777 | -22.5% |
| Suppliers | 440/4 | €39,051 | €30,274 | -€8,777 | -22.5% |
| Taxes, remuneration and social security | 45 | €3,814 | €9,467 | +€5,653 | +148.2% |
| Taxes | 450/3 | €2,327 | €2,544 | +€217 | +9.3% |
| Remuneration and social security | 454/9 | €1,487 | €6,923 | +€5,436 | +365.5% |
| Other amounts payable | 47/48 | €40,424 | €57,610 | +€17,186 | +42.5% |
| Accrued charges and deferred income | 492/3 | €307 | €9,936 | +€9,629 | +3140.9% |
| Turnover | 70 | €47,332 | - | -€47,332 | |
| Non-recurring operating income | 76A | €1,017 | - | -€1,017 | |
| Goods, raw materials, services and sundry goods | 60/61 | €48,157 | - | -€48,157 | |
| Remuneration, social security and pensions | 62 | €6,271 | €36,745 | +€30,474 | +485.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,582 | €21,091 | +€19,509 | +1232.9% |
| Other operating charges | 640/8 | €180 | €524 | +€345 | +192.1% |
| Gross operating margin | 9900 | €192 | €30,673 | +€30,481 | +15859.6% |
| Operating profit (loss) | 9901 | -€7,841 | -€27,688 | -€19,847 | -253.1% |
| Financial income | 75/76B | - | €156 | +€156 | |
| Recurring financial income | 75 | - | €156 | +€156 | |
| Financial charges | 65/66B | €2,207 | €6,549 | +€4,342 | +196.7% |
| Recurring financial charges | 65 | €2,207 | €6,549 | +€4,342 | +196.7% |
| Profit (loss) for the period before taxes | 9903 | -€10,048 | -€34,082 | -€24,034 | -239.2% |
| Profit (loss) for the period | 9904 | -€10,048 | -€34,082 | -€24,034 | -239.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,048 | -€34,082 | -€24,034 | -239.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.