LETIKO: 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.
LETIKO
Largest movements
- Tangible fixed assets -€12,814
down €12,814 (-7.6%), from €168,818 to €156,004
- Receivables within one year +€11,291
up €11,291 (+2766.4%), from €408 to €11,699
of which Trade receivables: +€11,400
- Profit (loss) carried forward -€8,949
down €8,949 (-3.4%), from -€261,084 to -€270,033
- Other debts +€6,466
up €6,466 (+1.9%), from €334,370 to €340,836
- Gross operating margin +€13,097
up €13,097 (+276.9%), from €4,731 to €17,828
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 | €253,019 | €252,209 | -€810 | -0.3% |
| Fixed assets | 21/28 | €168,818 | €156,004 | -€12,814 | -7.6% |
| Tangible fixed assets | 22/27 | €168,818 | €156,004 | -€12,814 | -7.6% |
| Land and buildings | 22 | €168,818 | €156,004 | -€12,814 | -7.6% |
| Current assets | 29/58 | €84,202 | €96,206 | +€12,004 | +14.3% |
| Amounts receivable within one year | 40/41 | €408 | €11,699 | +€11,291 | +2766.4% |
| Trade receivables | 40 | €0 | €11,400 | +€11,400 | |
| Other amounts receivable | 41 | €408 | €299 | -€109 | -26.7% |
| Cash at bank and in hand | 54/58 | €83,794 | €84,507 | +€713 | +0.9% |
| Total equity and liabilities | 10/49 | €253,019 | €252,209 | -€810 | -0.3% |
| Equity | 10/15 | -€96,334 | -€105,283 | -€8,949 | -9.3% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Capital | 10 | €125,000 | €125,000 | = | 0.0% |
| Issued capital | 100 | €125,000 | €125,000 | = | 0.0% |
| Reserves | 13 | €39,750 | €39,750 | = | 0.0% |
| Non-distributable reserves | 130/1 | €4,750 | €4,750 | = | 0.0% |
| Legal reserve | 130 | €4,750 | €4,750 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€261,084 | -€270,033 | -€8,949 | -3.4% |
| Amounts payable | 17/49 | €349,353 | €357,492 | +€8,139 | +2.3% |
| Amounts payable after more than one year | 17 | €825 | €825 | = | 0.0% |
| Other amounts payable | 178/9 | €825 | €825 | = | 0.0% |
| Amounts payable within one year | 42/48 | €336,878 | €345,012 | +€8,134 | +2.4% |
| Trade debts | 44 | €1,883 | €3,531 | +€1,648 | +87.5% |
| Suppliers | 440/4 | €1,883 | €3,531 | +€1,648 | +87.5% |
| Taxes, remuneration and social security | 45 | €625 | €646 | +€21 | +3.3% |
| Taxes | 450/3 | €625 | €646 | +€21 | +3.3% |
| Other amounts payable | 47/48 | €334,370 | €340,836 | +€6,466 | +1.9% |
| Accrued charges and deferred income | 492/3 | €11,650 | €11,655 | +€5 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,814 | €12,814 | = | 0.0% |
| Other operating charges | 640/8 | €2,052 | €2,107 | +€54 | +2.6% |
| Gross operating margin | 9900 | €4,731 | €17,828 | +€13,097 | +276.9% |
| Operating profit (loss) | 9901 | -€10,136 | €2,907 | +€13,043 | |
| Financial charges | 65/66B | €11,823 | €11,857 | +€33 | +0.3% |
| Recurring financial charges | 65 | €11,823 | €11,857 | +€33 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€21,959 | -€8,949 | +€13,010 | +59.2% |
| Profit (loss) for the period | 9904 | -€21,959 | -€8,949 | +€13,010 | +59.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,959 | -€8,949 | +€13,010 | +59.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.