L.T.U.: 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.U.
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€6,918
down €6,918 (-25.1%), from €27,568 to €20,650
- Profit (loss) carried forward +€5,205
up €5,205 (+171%), from €3,051 to €8,257
- Trade debts +€2,473
up €2,473 (+82.4%), from €3,000 to €5,473
- Gross operating margin +€1,886
up €1,886 (+32.5%), from €5,794 to €7,679
- Depreciation -€1,561
no longer reported in 2024 (was €1,561)
- Taxes -€482
no longer reported in 2024 (was €482)
- Other operating charges +€90
up €90 (+3.8%), from €2,356 to €2,445
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 | €174,219 | €174,205 | -€13 | 0.0% |
| Fixed assets | 21/28 | €173,525 | €173,525 | = | 0.0% |
| Tangible fixed assets | 22/27 | €173,525 | €173,525 | = | 0.0% |
| Land and buildings | 22 | €173,525 | €173,525 | = | 0.0% |
| Current assets | 29/58 | €693 | €680 | -€13 | -1.9% |
| Cash at bank and in hand | 54/58 | €412 | €383 | -€29 | -7.0% |
| Deferred charges and accrued income | 490/1 | €281 | €297 | +€16 | +5.5% |
| Total equity and liabilities | 10/49 | €174,219 | €174,205 | -€13 | 0.0% |
| Equity | 10/15 | €142,877 | €148,083 | +€5,205 | +3.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €78,326 | €78,326 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €72,176 | €72,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,051 | €8,257 | +€5,205 | +171% |
| Amounts payable | 17/49 | €31,341 | €26,123 | -€5,218 | -16.7% |
| Amounts payable within one year | 42/48 | €31,341 | €26,123 | -€5,218 | -16.7% |
| Trade debts | 44 | €3,000 | €5,473 | +€2,473 | +82.4% |
| Suppliers | 440/4 | €3,000 | €5,473 | +€2,473 | +82.4% |
| Taxes, remuneration and social security | 45 | €774 | - | -€774 | |
| Taxes | 450/3 | €774 | - | -€774 | |
| Other amounts payable | 47/48 | €27,568 | €20,650 | -€6,918 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,561 | - | -€1,561 | |
| Other operating charges | 640/8 | €2,356 | €2,445 | +€90 | +3.8% |
| Gross operating margin | 9900 | €5,794 | €7,679 | +€1,886 | +32.5% |
| Operating profit (loss) | 9901 | €1,877 | €5,234 | +€3,357 | +179% |
| Financial charges | 65/66B | €57 | €29 | -€28 | -49.6% |
| Recurring financial charges | 65 | €57 | €29 | -€28 | -49.6% |
| Profit (loss) for the period before taxes | 9903 | €1,820 | €5,205 | +€3,385 | +186% |
| Income taxes | 67/77 | €482 | - | -€482 | |
| Profit (loss) for the period | 9904 | €1,338 | €5,205 | +€3,867 | +289% |
| Profit (loss) for the period to be appropriated | 9905 | €1,338 | €5,205 | +€3,867 | +289% |
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 19 October 2026 via checked.be.