LETIUZ: 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.
LETIUZ
Largest movements
- Cash +€21,361
up €21,361 (+4,778%), from €447 to €21,808
mainly Net result for the year (+€25,622) and Advances received (+€9,075)
- Receivables within one year +€14,500
up €14,500 (+579%), from €2,504 to €17,004
of which Trade receivables: +€15,000
- Profit (loss) carried forward +€25,622
up €25,622 (+12.1%), from -€211,751 to -€186,130
- Advances received +€9,075
new in 2025: €9,075
- Tax, wage and social debts +€1,104
new in 2025: €1,104
- Gross operating margin +€29,551
up €29,551, from -€2,010 to €27,540
- Financial charges -€1,054
down €1,054 (-89.4%), from €1,178 to €124
- Other operating charges +€356
up €356 (+247%), from €144 to €500
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 | €2,951 | €38,812 | +€35,861 | +1,215% |
| Current assets | 29/58 | €2,951 | €38,812 | +€35,861 | +1,215% |
| Amounts receivable within one year | 40/41 | €2,504 | €17,004 | +€14,500 | +579% |
| Trade receivables | 40 | - | €15,000 | +€15,000 | |
| Other amounts receivable | 41 | €2,504 | €2,004 | -€500 | -20.0% |
| Cash at bank and in hand | 54/58 | €447 | €21,808 | +€21,361 | +4,778% |
| Total equity and liabilities | 10/49 | €2,951 | €38,812 | +€35,861 | +1,215% |
| Equity | 10/15 | -€171,751 | -€146,130 | +€25,622 | +14.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€211,751 | -€186,130 | +€25,622 | +12.1% |
| Amounts payable | 17/49 | €174,702 | €184,942 | +€10,239 | +5.9% |
| Amounts payable within one year | 42/48 | €174,702 | €184,942 | +€10,239 | +5.9% |
| Trade debts | 44 | - | €60 | +€60 | |
| Suppliers | 440/4 | - | €60 | +€60 | |
| Advances received on contracts in progress | 46 | - | €9,075 | +€9,075 | |
| Taxes, remuneration and social security | 45 | - | €1,104 | +€1,104 | |
| Taxes | 450/3 | - | €1,104 | +€1,104 | |
| Other amounts payable | 47/48 | €174,702 | €174,702 | = | 0.0% |
| Other operating charges | 640/8 | €144 | €500 | +€356 | +247% |
| Non-recurring operating charges | 66A | - | €1,294 | +€1,294 | |
| Gross operating margin | 9900 | -€2,010 | €27,540 | +€29,551 | |
| Operating profit (loss) | 9901 | -€2,154 | €25,746 | +€27,900 | |
| Financial charges | 65/66B | €1,178 | €124 | -€1,054 | -89.4% |
| Recurring financial charges | 65 | €1,178 | €124 | -€1,054 | -89.4% |
| Profit (loss) for the period before taxes | 9903 | -€3,333 | €25,622 | +€28,954 | |
| Profit (loss) for the period | 9904 | -€3,333 | €25,622 | +€28,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,333 | €25,622 | +€28,954 |
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 17 October 2026 via checked.be.