De Letterrups: 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.
De Letterrups
Largest movements
- Cash +€28,848
up €28,848 (+41.9%), from €68,791 to €97,638
mainly Other debts (+€137,023) and Net result for the year (+€38,354)
- Deferred charges and accrued income -€5,459
down €5,459 (-69.2%), from €7,893 to €2,434
- Tangible fixed assets -€4,033
down €4,033 (-27.7%), from €14,546 to €10,513
- Receivables within one year +€1,513
up €1,513 (+4.2%), from €36,426 to €37,939
of which Other amounts receivable: +€1,575
- Other debts +€137,023
up €137,023 (+2,217%), from €6,180 to €143,203
- Reserves -€106,998
no longer reported in 2025 (was €106,998)
- Tax, wage and social debts -€9,770
down €9,770 (-91.1%), from €10,729 to €959
No income-statement line moved by more than 1% of the activity.
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 | €127,655 | €148,525 | +€20,869 | +16.3% |
| Fixed assets | 21/28 | €14,546 | €10,513 | -€4,033 | -27.7% |
| Tangible fixed assets | 22/27 | €14,546 | €10,513 | -€4,033 | -27.7% |
| Plant, machinery and equipment | 23 | €2,682 | €1,057 | -€1,625 | -60.6% |
| Furniture and vehicles | 24 | €3,135 | €2,291 | -€844 | -26.9% |
| Other tangible fixed assets | 26 | €8,729 | €7,165 | -€1,564 | -17.9% |
| Current assets | 29/58 | €113,110 | €138,012 | +€24,902 | +22.0% |
| Amounts receivable within one year | 40/41 | €36,426 | €37,939 | +€1,513 | +4.2% |
| Trade receivables | 40 | €62 | - | -€62 | |
| Other amounts receivable | 41 | €36,364 | €37,939 | +€1,575 | +4.3% |
| Cash at bank and in hand | 54/58 | €68,791 | €97,638 | +€28,848 | +41.9% |
| Deferred charges and accrued income | 490/1 | €7,893 | €2,434 | -€5,459 | -69.2% |
| Total equity and liabilities | 10/49 | €127,655 | €148,525 | +€20,869 | +16.3% |
| Equity | 10/15 | €109,498 | €2,500 | -€106,998 | -97.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €106,998 | - | -€106,998 | |
| Distributable reserves | 133 | €106,998 | - | -€106,998 | |
| Amounts payable | 17/49 | €18,158 | €146,025 | +€127,867 | +704% |
| Amounts payable within one year | 42/48 | €18,158 | €146,025 | +€127,867 | +704% |
| Trade debts | 44 | €1,249 | €1,862 | +€614 | +49.2% |
| Suppliers | 440/4 | €1,249 | €1,862 | +€614 | +49.2% |
| Taxes, remuneration and social security | 45 | €10,729 | €959 | -€9,770 | -91.1% |
| Taxes | 450/3 | €10,729 | €959 | -€9,770 | -91.1% |
| Other amounts payable | 47/48 | €6,180 | €143,203 | +€137,023 | +2,217% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,413 | €4,033 | -€381 | -8.6% |
| Other operating charges | 640/8 | €898 | €871 | -€27 | -3.0% |
| Gross operating margin | 9900 | €53,769 | €54,263 | +€494 | +0.9% |
| Operating profit (loss) | 9901 | €48,457 | €49,359 | +€902 | +1.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €44 | €46 | +€3 | +5.8% |
| Recurring financial charges | 65 | €44 | €46 | +€3 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €48,417 | €49,313 | +€896 | +1.9% |
| Income taxes | 67/77 | €10,729 | €10,959 | +€230 | +2.1% |
| Profit (loss) for the period | 9904 | €37,688 | €38,354 | +€666 | +1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €37,688 | €38,354 | +€666 | +1.8% |
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 18 October 2026 via checked.be.