L. T. L.: what changed
Two fiscal 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. L.
Largest movements
- Cash -€99,104
down €99,104 (-76.5%), from €129,603 to €30,498
mainly Receivables within one year (-€64,247) and Stocks and contracts (-€40,000)
- Receivables within one year +€64,247
up €64,247 (+282.9%), from €22,709 to €86,956
- Stocks and contracts +€40,000
up €40,000 (+29.6%), from €135,000 to €175,000
- Profit (loss) carried forward +€5,076
up €5,076 (+9.3%), from -€54,634 to -€49,558
- Gross operating margin +€6,663
up €6,663, from -€1,277 to €5,386
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.
Cash bridge derived
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 | €287,312 | €292,454 | +€5,142 | +1.8% |
| Current assets | 29/58 | €287,312 | €292,454 | +€5,142 | +1.8% |
| Stocks and contracts in progress | 3 | €135,000 | €175,000 | +€40,000 | +29.6% |
| Stocks | 30/36 | €135,000 | €175,000 | +€40,000 | +29.6% |
| Amounts receivable within one year | 40/41 | €22,709 | €86,956 | +€64,247 | +282.9% |
| Other amounts receivable | 41 | €22,709 | €86,956 | +€64,247 | +282.9% |
| Cash at bank and in hand | 54/58 | €129,603 | €30,498 | -€99,104 | -76.5% |
| Total equity and liabilities | 10/49 | €287,312 | €292,454 | +€5,142 | +1.8% |
| Equity | 10/15 | -€36,034 | -€30,958 | +€5,076 | +14.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,634 | -€49,558 | +€5,076 | +9.3% |
| Amounts payable | 17/49 | €323,346 | €323,412 | +€67 | 0.0% |
| Amounts payable within one year | 42/48 | €323,346 | €323,412 | +€67 | 0.0% |
| Trade debts | 44 | €219 | €286 | +€67 | +30.3% |
| Suppliers | 440/4 | €219 | €286 | +€67 | +30.3% |
| Other amounts payable | 47/48 | €323,126 | €323,126 | = | 0.0% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€1,277 | €5,386 | +€6,663 | |
| Operating profit (loss) | 9901 | -€1,395 | €5,266 | +€6,661 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €161 | €190 | +€29 | +18.0% |
| Recurring financial charges | 65 | €161 | €190 | +€29 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,556 | €5,076 | +€6,632 | |
| Profit (loss) for the period | 9904 | -€1,556 | €5,076 | +€6,632 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,556 | €5,076 | +€6,632 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.