De Litsberg: 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.
What changed
De Litsberg
NACE 01.620, Support activities for animal production
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€280,063
2024 · -€7,048-€273,016
Equity
€218,025
2024 · €498,089-€280,063
Cash
€8,218
2024 · €13,682-€5,463
Balance sheet total
€943,788
2024 · €1.2m-€275,560
Largest movements
Assets
- Tangible fixed assets -€163,717
down €163,717 (-14.9%), from €1.1m to €932,868
- Receivables within one year -€87,171
down €87,171 (-100%), from €87,171 to €0
- Deferred charges and accrued income -€16,734
down €16,734 (-91.8%), from €18,234 to €1,500
Equity and liabilities
- Profit (loss) carried forward -€280,063
down €280,063 (-87.1%), from -€321,381 to -€601,444
- Other debts +€80,000
new in 2025: €80,000
- Debts after one year -€52,693
down €52,693 (-8.4%), from €629,406 to €576,713
- Revaluation surpluses -€16,291
down €16,291 (-3.0%), from €538,895 to €522,604
- Reserves +€16,291
up €16,291 (+5.9%), from €274,573 to €290,864
Income statement
- Provisions +€687,171
new in 2025: €687,171
- Gross operating margin +€538,870
up €538,870 (+803%), from €67,075 to €605,946
- Depreciation -€13,489
down €13,489 (-28.9%), from €46,606 to €33,117
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
-€7,048
Gross operating margin
+€538,870
Depreciation
+€13,489
Provisions
-€687,171
Other operating charges
-€1,011
Other operating items
-€133,074
Financial income
-€4,212
Financial charges
-€4,150
Taxes
+€4,244
Result 2025
-€280,063
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€87,222
Investment
+€133,074
Financing
-€51,316
Cash 2024
€13,682
From operations (derived)
-€87,222
Net result for the year
-€280,063
Depreciation
+€33,117
Receivables within one year
+€87,171
Deferred charges and accrued income
+€16,734
Trade debts
-€11,838
Tax, wage and social debts
-€9,042
Other debts
+€80,000
Accrued charges and deferred income
-€3,300
Investment (derived)
+€133,074
Investment in fixed assets (net)
+€133,074
Financing
-€51,316
Debts after one year
-€52,693
Current portion of long-term debt
+€1,376
Cash 2025
€8,218
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,219,349 | €943,788 | -€275,560 | -22.6% |
| Formation expenses | 20 | €2,475 | €0 | -€2,475 | -100% |
| Fixed assets | 21/28 | €1,097,787 | €934,070 | -€163,717 | -14.9% |
| Tangible fixed assets | 22/27 | €1,096,585 | €932,868 | -€163,717 | -14.9% |
| Land and buildings | 22 | €1,096,585 | €932,868 | -€163,717 | -14.9% |
| Financial fixed assets | 28 | €1,202 | €1,202 | = | 0.0% |
| Current assets | 29/58 | €119,087 | €9,718 | -€109,369 | -91.8% |
| Amounts receivable within one year | 40/41 | €87,171 | €0 | -€87,171 | -100% |
| Other amounts receivable | 41 | €87,171 | €0 | -€87,171 | -100% |
| Cash at bank and in hand | 54/58 | €13,682 | €8,218 | -€5,463 | -39.9% |
| Deferred charges and accrued income | 490/1 | €18,234 | €1,500 | -€16,734 | -91.8% |
| Total equity and liabilities | 10/49 | €1,219,349 | €943,788 | -€275,560 | -22.6% |
| Equity | 10/15 | €498,089 | €218,025 | -€280,063 | -56.2% |
| Contributions | 10/11 | €6,001 | €6,001 | = | 0.0% |
| Revaluation surpluses | 12 | €538,895 | €522,604 | -€16,291 | -3.0% |
| Reserves | 13 | €274,573 | €290,864 | +€16,291 | +5.9% |
| Distributable reserves | 133 | €274,573 | €290,864 | +€16,291 | +5.9% |
| Profit (loss) carried forward | 14 | -€321,381 | -€601,444 | -€280,063 | -87.1% |
| Amounts payable | 17/49 | €721,260 | €725,763 | +€4,503 | +0.6% |
| Amounts payable after more than one year | 17 | €629,406 | €576,713 | -€52,693 | -8.4% |
| Financial debts | 170/4 | €629,406 | €576,713 | -€52,693 | -8.4% |
| Amounts payable within one year | 42/48 | €79,126 | €139,622 | +€60,496 | +76.5% |
| Current portion of amounts payable after more than one year | 42 | €51,316 | €52,693 | +€1,376 | +2.7% |
| Trade debts | 44 | €14,524 | €2,686 | -€11,838 | -81.5% |
| Suppliers | 440/4 | €14,524 | €2,686 | -€11,838 | -81.5% |
| Taxes, remuneration and social security | 45 | €13,286 | €4,244 | -€9,042 | -68.1% |
| Taxes | 450/3 | €13,286 | €4,244 | -€9,042 | -68.1% |
| Other amounts payable | 47/48 | - | €80,000 | +€80,000 | |
| Accrued charges and deferred income | 492/3 | €12,728 | €9,428 | -€3,300 | -25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,606 | €33,117 | -€13,489 | -28.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €687,171 | +€687,171 | |
| Other operating charges | 640/8 | €9,104 | €10,115 | +€1,011 | +11.1% |
| Non-recurring operating charges | 66A | - | €133,074 | +€133,074 | |
| Gross operating margin | 9900 | €67,075 | €605,946 | +€538,870 | +803% |
| Operating profit (loss) | 9901 | €11,365 | -€257,532 | -€268,898 | |
| Financial income | 75/76B | €5,274 | €1,062 | -€4,212 | -79.9% |
| Recurring financial income | 75 | €5,274 | €1,062 | -€4,212 | -79.9% |
| Financial charges | 65/66B | €19,443 | €23,593 | +€4,150 | +21.3% |
| Recurring financial charges | 65 | €19,443 | €23,593 | +€4,150 | +21.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,804 | -€280,063 | -€277,260 | -9,889% |
| Income taxes | 67/77 | €4,244 | €0 | -€4,244 | -100% |
| Profit (loss) for the period | 9904 | -€7,048 | -€280,063 | -€273,016 | -3,874% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,048 | -€280,063 | -€273,016 | -3,874% |
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 27 October 2026 via checked.be.