L.T pro: 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 pro
Largest movements
- Receivables within one year +€18,340
up €18,340 (+29.9%), from €61,249 to €79,589
of which Other amounts receivable: +€10,463
- Cash +€13,320
up €13,320 (+88.8%), from €14,993 to €28,313
mainly Net result for the year (+€42,180) and Current portion of long-term debt (+€22,231)
- Tangible fixed assets -€6,024
down €6,024 (-39.5%), from €15,249 to €9,225
of which Furniture and vehicles: -€5,382
- Deferred charges and accrued income +€3,640
up €3,640 (+5,408%), from €67 to €3,707
- Stocks and contracts +€2,905
up €2,905 (+28.8%), from €10,094 to €12,999
- Profit (loss) carried forward +€42,180
up €42,180 (+5,721%), from €737 to €42,917
- Trade debts -€27,678
down €27,678 (-49.9%), from €55,449 to €27,771
- Current portion of long-term debt +€22,231
up €22,231 (+397%), from €5,606 to €27,837
- Debts after one year -€5,837
down €5,837 (-85.4%), from €6,834 to €996
- Tax, wage and social debts +€4,284
up €4,284 (+48.9%), from €8,754 to €13,038
of which Remuneration and social security: +€6,142
- Staff costs -€34,907
down €34,907 (-39.6%), from €88,139 to €53,232
- Gross operating margin +€18,844
up €18,844 (+18.7%), from €100,510 to €119,353
- Taxes +€14,075
up €14,075 (+2,696%), from €522 to €14,597
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 | €102,752 | €136,633 | +€33,881 | +33.0% |
| Fixed assets | 21/28 | €16,349 | €12,025 | -€4,324 | -26.4% |
| Tangible fixed assets | 22/27 | €15,249 | €9,225 | -€6,024 | -39.5% |
| Plant, machinery and equipment | 23 | €3,198 | €2,556 | -€642 | -20.1% |
| Furniture and vehicles | 24 | €12,051 | €6,669 | -€5,382 | -44.7% |
| Financial fixed assets | 28 | €1,100 | €2,800 | +€1,700 | +155% |
| Current assets | 29/58 | €86,403 | €124,608 | +€38,205 | +44.2% |
| Stocks and contracts in progress | 3 | €10,094 | €12,999 | +€2,905 | +28.8% |
| Stocks | 30/36 | €10,094 | €12,999 | +€2,905 | +28.8% |
| Amounts receivable within one year | 40/41 | €61,249 | €79,589 | +€18,340 | +29.9% |
| Trade receivables | 40 | €42,650 | €50,527 | +€7,877 | +18.5% |
| Other amounts receivable | 41 | €18,599 | €29,063 | +€10,463 | +56.3% |
| Cash at bank and in hand | 54/58 | €14,993 | €28,313 | +€13,320 | +88.8% |
| Deferred charges and accrued income | 490/1 | €67 | €3,707 | +€3,640 | +5,408% |
| Total equity and liabilities | 10/49 | €102,752 | €136,633 | +€33,881 | +33.0% |
| Equity | 10/15 | €5,737 | €47,917 | +€42,180 | +735% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €737 | €42,917 | +€42,180 | +5,721% |
| Amounts payable | 17/49 | €97,015 | €88,716 | -€8,299 | -8.6% |
| Amounts payable after more than one year | 17 | €6,834 | €996 | -€5,837 | -85.4% |
| Financial debts | 170/4 | €6,834 | €996 | -€5,837 | -85.4% |
| Amounts payable within one year | 42/48 | €90,182 | €87,584 | -€2,598 | -2.9% |
| Current portion of amounts payable after more than one year | 42 | €5,606 | €27,837 | +€22,231 | +397% |
| Trade debts | 44 | €55,449 | €27,771 | -€27,678 | -49.9% |
| Suppliers | 440/4 | €55,449 | €27,771 | -€27,678 | -49.9% |
| Taxes, remuneration and social security | 45 | €8,754 | €13,038 | +€4,284 | +48.9% |
| Taxes | 450/3 | €1,857 | - | -€1,857 | |
| Remuneration and social security | 454/9 | €6,896 | €13,038 | +€6,142 | +89.1% |
| Other amounts payable | 47/48 | €20,373 | €18,938 | -€1,435 | -7.0% |
| Accrued charges and deferred income | 492/3 | - | €136 | +€136 | |
| Remuneration, social security and pensions | 62 | €88,139 | €53,232 | -€34,907 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,120 | €6,990 | -€1,129 | -13.9% |
| Other operating charges | 640/8 | €829 | €1,789 | +€960 | +116% |
| Gross operating margin | 9900 | €100,510 | €119,353 | +€18,844 | +18.7% |
| Operating profit (loss) | 9901 | €3,422 | €57,342 | +€53,920 | +1,576% |
| Financial income | 75/76B | €23 | €272 | +€249 | +1,078% |
| Recurring financial income | 75 | €23 | €272 | +€249 | +1,078% |
| Financial charges | 65/66B | €536 | €836 | +€300 | +55.9% |
| Recurring financial charges | 65 | €536 | €836 | +€300 | +55.9% |
| Profit (loss) for the period before taxes | 9903 | €2,909 | €56,777 | +€53,869 | +1,852% |
| Income taxes | 67/77 | €522 | €14,597 | +€14,075 | +2,696% |
| Profit (loss) for the period | 9904 | €2,386 | €42,180 | +€39,794 | +1,668% |
| Profit (loss) for the period to be appropriated | 9905 | €2,386 | €42,180 | +€39,794 | +1,668% |
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 16 October 2026 via checked.be.