LARTIM: 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.
LARTIM
Largest movements
- Cash +€8,773
up €8,773 (+391.0%), from €2,244 to €11,017
mainly Receivables within one year (+€5,847) and Tax, wage and social debts (+€3,537)
- Receivables within one year -€5,847
down €5,847 (-46.3%), from €12,631 to €6,784
of which Trade receivables: -€5,757
- Tangible fixed assets -€871
down €871 (-60.2%), from €1,448 to €577
- Tax, wage and social debts +€3,537
up €3,537 (+71.2%), from €4,970 to €8,507
of which Remuneration and social security: +€3,469
- Advances received -€2,500
no longer reported in 2024 (was €2,500)
- Trade debts +€1,102
up €1,102 (+71.7%), from €1,536 to €2,638
- Gross operating margin -€2,457
down €2,457 (-34.4%), from €7,145 to €4,688
- Staff costs +€2,200
new in 2024: €2,200
- Taxes -€1,833
down €1,833 (-71.8%), from €2,553 to €719
- Other operating charges +€635
up €635 (+237.7%), from €267 to €901
- Depreciation -€464
down €464 (-34.7%), from €1,335 to €871
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.
Cash bridge derived
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 | €23,631 | €25,687 | +€2,055 | +8.7% |
| Fixed assets | 21/28 | €1,548 | €677 | -€871 | -56.3% |
| Tangible fixed assets | 22/27 | €1,448 | €577 | -€871 | -60.2% |
| Plant, machinery and equipment | 23 | €1,448 | €577 | -€871 | -60.2% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €22,084 | €25,010 | +€2,926 | +13.3% |
| Stocks and contracts in progress | 3 | €7,208 | €7,208 | = | 0.0% |
| Contracts in progress | 37 | €7,208 | €7,208 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €12,631 | €6,784 | -€5,847 | -46.3% |
| Trade receivables | 40 | €8,836 | €3,078 | -€5,757 | -65.2% |
| Other amounts receivable | 41 | €3,796 | €3,706 | -€90 | -2.4% |
| Cash at bank and in hand | 54/58 | €2,244 | €11,017 | +€8,773 | +391.0% |
| Total equity and liabilities | 10/49 | €23,631 | €25,687 | +€2,055 | +8.7% |
| Equity | 10/15 | €14,626 | €14,434 | -€192 | -1.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €10,015 | €10,015 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,015 | €1,015 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,015 | €1,015 | = | 0.0% |
| Distributable reserves | 133 | €9,000 | €9,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,589 | -€1,781 | -€192 | -12.1% |
| Amounts payable | 17/49 | €9,006 | €11,253 | +€2,247 | +24.9% |
| Amounts payable within one year | 42/48 | €9,006 | €11,253 | +€2,247 | +24.9% |
| Trade debts | 44 | €1,536 | €2,638 | +€1,102 | +71.7% |
| Suppliers | 440/4 | €1,536 | €2,638 | +€1,102 | +71.7% |
| Advances received on contracts in progress | 46 | €2,500 | - | -€2,500 | |
| Taxes, remuneration and social security | 45 | €4,970 | €8,507 | +€3,537 | +71.2% |
| Taxes | 450/3 | €3,312 | €3,380 | +€68 | +2.1% |
| Remuneration and social security | 454/9 | €1,658 | €5,126 | +€3,469 | +209.3% |
| Other amounts payable | 47/48 | - | €108 | +€108 | |
| Remuneration, social security and pensions | 62 | - | €2,200 | +€2,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,335 | €871 | -€464 | -34.7% |
| Other operating charges | 640/8 | €267 | €901 | +€635 | +237.7% |
| Gross operating margin | 9900 | €7,145 | €4,688 | -€2,457 | -34.4% |
| Operating profit (loss) | 9901 | €5,544 | €716 | -€4,828 | -87.1% |
| Financial income | 75/76B | - | €64 | +€64 | |
| Recurring financial income | 75 | - | €64 | +€64 | |
| Financial charges | 65/66B | €149 | €252 | +€103 | +69.3% |
| Recurring financial charges | 65 | €149 | €252 | +€103 | +69.3% |
| Profit (loss) for the period before taxes | 9903 | €5,395 | €527 | -€4,867 | -90.2% |
| Income taxes | 67/77 | €2,553 | €719 | -€1,833 | -71.8% |
| Profit (loss) for the period | 9904 | €2,842 | -€192 | -€3,034 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,842 | -€192 | -€3,034 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.