L.T.A.: 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.
L.T.A.
Largest movements
- Tangible fixed assets -€5,105
down €5,105 (-22.6%), from €22,585 to €17,480
- Receivables within one year -€4,097
down €4,097 (-64.3%), from €6,372 to €2,275
of which Other amounts receivable: -€6,372
- Stocks and contracts -€4,000
down €4,000 (-19.4%), from €20,603 to €16,603
- Cash +€2,538
up €2,538 (+172%), from €1,479 to €4,017
mainly Depreciation (+€7,517) and Receivables within one year (+€4,097)
- Deferred charges and accrued income -€1,421
no longer reported in 2024 (was €1,421)
- Tax, wage and social debts -€8,475
down €8,475 (-94.1%), from €9,005 to €530
- Other debts -€6,793
down €6,793 (-29.9%), from €22,755 to €15,962
- Profit (loss) carried forward +€2,791
up €2,791 (+2,307%), from €121 to €2,912
- Depreciation +€2,605
up €2,605 (+53.0%), from €4,912 to €7,517
- Gross operating margin +€1,211
up €1,211 (+12.9%), from €9,395 to €10,606
- Other operating charges -€252
down €252 (-53.4%), from €472 to €220
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.
Derived cash bridge
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 | €52,758 | €40,673 | -€12,085 | -22.9% |
| Fixed assets | 21/28 | €22,883 | €17,778 | -€5,105 | -22.3% |
| Tangible fixed assets | 22/27 | €22,585 | €17,480 | -€5,105 | -22.6% |
| Furniture and vehicles | 24 | €22,585 | €17,480 | -€5,105 | -22.6% |
| Financial fixed assets | 28 | €298 | €298 | = | 0.0% |
| Current assets | 29/58 | €29,875 | €22,895 | -€6,980 | -23.4% |
| Stocks and contracts in progress | 3 | €20,603 | €16,603 | -€4,000 | -19.4% |
| Stocks | 30/36 | €20,603 | €16,603 | -€4,000 | -19.4% |
| Amounts receivable within one year | 40/41 | €6,372 | €2,275 | -€4,097 | -64.3% |
| Trade receivables | 40 | - | €2,275 | +€2,275 | |
| Other amounts receivable | 41 | €6,372 | - | -€6,372 | |
| Cash at bank and in hand | 54/58 | €1,479 | €4,017 | +€2,538 | +172% |
| Deferred charges and accrued income | 490/1 | €1,421 | - | -€1,421 | |
| Total equity and liabilities | 10/49 | €52,758 | €40,673 | -€12,085 | -22.9% |
| Equity | 10/15 | €20,581 | €23,372 | +€2,791 | +13.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €121 | €2,912 | +€2,791 | +2,307% |
| Amounts payable | 17/49 | €32,177 | €17,301 | -€14,876 | -46.2% |
| Amounts payable within one year | 42/48 | €32,177 | €17,301 | -€14,876 | -46.2% |
| Trade debts | 44 | €417 | €809 | +€392 | +94.0% |
| Suppliers | 440/4 | €417 | €809 | +€392 | +94.0% |
| Taxes, remuneration and social security | 45 | €9,005 | €530 | -€8,475 | -94.1% |
| Taxes | 450/3 | €9,005 | €530 | -€8,475 | -94.1% |
| Other amounts payable | 47/48 | €22,755 | €15,962 | -€6,793 | -29.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,912 | €7,517 | +€2,605 | +53.0% |
| Other operating charges | 640/8 | €472 | €220 | -€252 | -53.4% |
| Gross operating margin | 9900 | €9,395 | €10,606 | +€1,211 | +12.9% |
| Operating profit (loss) | 9901 | €4,011 | €2,869 | -€1,142 | -28.5% |
| Financial charges | 65/66B | €88 | €78 | -€10 | -11.4% |
| Recurring financial charges | 65 | €88 | €78 | -€10 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | €3,923 | €2,791 | -€1,132 | -28.9% |
| Profit (loss) for the period | 9904 | €3,923 | €2,791 | -€1,132 | -28.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,923 | €2,791 | -€1,132 | -28.9% |
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 17 October 2026 via checked.be.