Leticon: 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.
Leticon
Largest movements
- Receivables after one year +€390,000
up €390,000 (+185.7%), from €210,000 to €600,000
- Tangible fixed assets -€130,828
down €130,828 (-74.3%), from €176,196 to €45,368
of which Land and buildings: -€115,890
- Receivables within one year -€9,702
down €9,702 (-18.4%), from €52,846 to €43,143
of which Other amounts receivable: -€5,363
- Debts after one year +€195,298
up €195,298 (+1669.6%), from €11,697 to €206,995
- Reserves +€70,117
up €70,117 (+18.0%), from €388,855 to €458,972
- Other debts -€18,940
down €18,940 (-92.1%), from €20,571 to €1,631
- Tax, wage and social debts +€10,561
up €10,561 (+61.2%), from €17,260 to €27,821
- Trade debts -€7,742
down €7,742 (-47.6%), from €16,258 to €8,516
- Gross operating margin -€34,818
down €34,818 (-21.9%), from €159,128 to €124,311
- Taxes -€7,089
down €7,089 (-19.5%), from €36,395 to €29,307
- Depreciation -€6,715
down €6,715 (-31.0%), from €21,653 to €14,938
- Financial charges -€6,050
down €6,050 (-42.4%), from €14,277 to €8,227
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 | €484,517 | €727,238 | +€242,720 | +50.1% |
| Fixed assets | 21/28 | €178,996 | €48,168 | -€130,828 | -73.1% |
| Tangible fixed assets | 22/27 | €176,196 | €45,368 | -€130,828 | -74.3% |
| Land and buildings | 22 | €125,890 | €10,000 | -€115,890 | -92.1% |
| Plant, machinery and equipment | 23 | €6,605 | €5,066 | -€1,538 | -23.3% |
| Furniture and vehicles | 24 | €43,702 | €30,302 | -€13,400 | -30.7% |
| Financial fixed assets | 28 | €2,800 | €2,800 | = | 0.0% |
| Current assets | 29/58 | €305,521 | €679,070 | +€373,548 | +122.3% |
| Amounts receivable after more than one year | 29 | €210,000 | €600,000 | +€390,000 | +185.7% |
| Other amounts receivable | 291 | €210,000 | €600,000 | +€390,000 | +185.7% |
| Amounts receivable within one year | 40/41 | €52,846 | €43,143 | -€9,702 | -18.4% |
| Trade receivables | 40 | €47,233 | €42,893 | -€4,340 | -9.2% |
| Other amounts receivable | 41 | €5,613 | €250 | -€5,363 | -95.5% |
| Cash at bank and in hand | 54/58 | €41,367 | €35,284 | -€6,082 | -14.7% |
| Deferred charges and accrued income | 490/1 | €1,309 | €642 | -€667 | -51.0% |
| Total equity and liabilities | 10/49 | €484,517 | €727,238 | +€242,720 | +50.1% |
| Equity | 10/15 | €407,455 | €477,572 | +€70,117 | +17.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €388,855 | €458,972 | +€70,117 | +18.0% |
| Distributable reserves | 133 | €388,855 | €458,972 | +€70,117 | +18.0% |
| Amounts payable | 17/49 | €77,062 | €249,666 | +€172,604 | +224.0% |
| Amounts payable after more than one year | 17 | €11,697 | €206,995 | +€195,298 | +1669.6% |
| Financial debts | 170/4 | €11,697 | €206,995 | +€195,298 | +1669.6% |
| Amounts payable within one year | 42/48 | €65,365 | €42,671 | -€22,694 | -34.7% |
| Current portion of amounts payable after more than one year | 42 | €4,516 | €4,702 | +€186 | +4.1% |
| Financial debts | 43 | €6,760 | - | -€6,760 | |
| Credit institutions | 430/8 | €6,760 | - | -€6,760 | |
| Trade debts | 44 | €16,258 | €8,516 | -€7,742 | -47.6% |
| Suppliers | 440/4 | €16,258 | €8,516 | -€7,742 | -47.6% |
| Taxes, remuneration and social security | 45 | €17,260 | €27,821 | +€10,561 | +61.2% |
| Taxes | 450/3 | €17,260 | €27,821 | +€10,561 | +61.2% |
| Other amounts payable | 47/48 | €20,571 | €1,631 | -€18,940 | -92.1% |
| Non-recurring operating income | 76A | €32,223 | €52,110 | +€19,887 | +61.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,653 | €14,938 | -€6,715 | -31.0% |
| Other operating charges | 640/8 | €2,152 | €1,999 | -€153 | -7.1% |
| Gross operating margin | 9900 | €159,128 | €124,311 | -€34,818 | -21.9% |
| Operating profit (loss) | 9901 | €135,324 | €107,374 | -€27,950 | -20.7% |
| Financial income | 75/76B | €6 | €277 | +€271 | +4753.7% |
| Recurring financial income | 75 | €6 | €277 | +€271 | +4753.7% |
| Financial charges | 65/66B | €14,277 | €8,227 | -€6,050 | -42.4% |
| Recurring financial charges | 65 | €14,277 | €8,227 | -€6,050 | -42.4% |
| Profit (loss) for the period before taxes | 9903 | €121,052 | €99,423 | -€21,629 | -17.9% |
| Income taxes | 67/77 | €36,395 | €29,307 | -€7,089 | -19.5% |
| Profit (loss) for the period | 9904 | €84,657 | €70,117 | -€14,540 | -17.2% |
| Profit (loss) for the period to be appropriated | 9905 | €84,657 | €70,117 | -€14,540 | -17.2% |
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 30 September 2026 via checked.be.