Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
-
Shrinking team NBB
FTE fell two years in a row, from 10.1 to 8.1.
Financials
Financial year 2025
LIBARO from Wevelgem, company number BE0541352248, closed financial year 2025 with a result of € -11,582 after tax. For that financial year LIBARO recorded a gross margin of € 580,629 and equity of € 725,601. Compared with financial year 2024, the result moved from € 232,568 to € -11,582. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 6, 2026.
€ 725,601
▼ 2% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -11,582
▼ still € 232,568 profit in 2024
Profit after tax over the fiscal year.
€ 36,163
▼ 41% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 708,590.
People and assets in 2025
8.1
▼ 1.4 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 516,310
▼ 9% vs 2024
€ 63,700 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 59,425
▼ 42% vs 2024
Of which on lease € 55,115.
Debts at end 2025
€ 58,447
▼ 31% vs 2024
Loans from banks and other lenders, long and short.
€ 97,290
▼ 43% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 194,562
▼ 19% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 682,633 | € 761,278 | € 1,038,531 | € 580,629 | ▼ 44% |
| Profit after taxes | € 138,944 | € 83,245 | € 232,568 | € -11,582 | ▼ € 244,150 |
| Equity | € 421,370 | € 504,616 | € 737,184 | € 725,601 | ▼ 2% |
| Total debts | € 559,640 | € 751,801 | € 704,296 | € 649,884 | ▼ 8% |
| Cash | € 8,107 | € 87,185 | € 60,918 | € 36,163 | ▼ 41% |
| Land & buildings | € 9,617 | € 8,590 | € 7,564 | € 6,537 | ▼ 14% |
| Retained profit | € 404,359 | € 487,604 | € 720,172 | € 708,590 | ▼ 2% |
| Bank debt | € 59,730 | € 117,620 | € 84,844 | € 58,447 | ▼ 31% |
| Balance sheet total | € 981,011 | € 1,256,416 | € 1,441,479 | € 1,375,486 | ▼ 5% |
| Employees (FTE) | 10.1 | 10.1 | 9.5 | 8.1 | ▼ 1.4 |
By gross margin, LIBARO ranks 3rd of 9 companies with main activity “Verhuur en lease van kantoormachines, inclusief computers” in West Flanders that publish figures (fiscal year 2025).
Key figures of LIBARO, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
Ask about LIBARO the way you would ask their accountant.
Answers from the filed annual accounts, the Belgian Official Gazette and the CBE register.
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What happened to LIBARO?
What happened at LIBARO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 11,582 (▼ € 244,150 vs 2024). Source: NBB ↗
- Capital increase of € 15,631, published in the Gazette. Source: Staatsblad ↗
- New establishment in Brugge. KBO
- Start of the company according to the CBE. KBO
In short
From € 138,944 profit in 2022 to € 11,582 loss in 2025.
Paid € 53,994 in corporate taxes since 2022.
Best year ever: 2024, with € 232,568 profit.
On average € 71,700 of value added per employee in 2025.
Management
Behind LIBARO are Bert Clybouw and Jennis Vanhaeke. It owns 25% of Earnieland NV itself.
Directors
According to the 2025 annual accounts
Jennis Vanhaeke
Director
Establishments
Establishment units
Physical locations of this company
Overheulestraat 80
8560 Wevelgem
Vaartdijkstraat 19
8200 Brugge
Active since 31 October 2013
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Similar companies in West Flanders
Same main activity (Verhuur en lease van kantoormachines, inclusief computers), 8 active companies in West Flanders, largest first.
€ 1.7 million gross margin · 2025 · Roeselare
€ 1 million gross margin · 2025 · Kortrijk
€ 486,915 gross margin · 2025 · Harelbeke
€ 397,443 gross margin · 2025 · Roeselare
€ 62,163 gross margin · 2025 · Beernem
€ 3,523 gross margin · 2025 · Waregem
Details
- Company number
- 0541.352.248
- VAT number
- BE 0541.352.248
- Registered office
- Overheulestraat 80, 8560 Wevelgem
- Names & denominations
- LIBARO
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 23 October 2013
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en lease van kantoormachines, inclusief computers
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