LETROYE DOC: 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.
LETROYE DOC
Largest movements
- Receivables within one year +€56,581
up €56,581 (+146.1%), from €38,719 to €95,300
- Cash -€47,320
down €47,320 (-37.8%), from €125,345 to €78,026
mainly Receivables within one year (-€56,581) and Debts after one year (-€10,056)
- Tax, wage and social debts +€13,739
up €13,739 (+33.3%), from €41,271 to €55,009
- Debts after one year -€10,056
down €10,056 (-43.6%), from €23,075 to €13,019
- Short-term financial debts +€2,856
up €2,856 (+65.8%), from €4,344 to €7,200
- Profit (loss) carried forward +€2,585
up €2,585 (+2.0%), from €128,430 to €131,015
- Taxes +€43,973
up €43,973 (+7927.9%), from €555 to €44,528
- Gross operating margin +€24,873
up €24,873 (+71.8%), from €34,651 to €59,524
- Other operating charges +€2,332
up €2,332 (+94.8%), from €2,460 to €4,792
- Depreciation +€672
up €672 (+10.9%), from €6,161 to €6,833
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 | €210,190 | €219,314 | +€9,124 | +4.3% |
| Fixed assets | 21/28 | €46,125 | €45,988 | -€138 | -0.3% |
| Tangible fixed assets | 22/27 | €46,100 | €45,988 | -€113 | -0.2% |
| Land and buildings | 22 | €46,100 | €45,988 | -€113 | -0.2% |
| Financial fixed assets | 28 | €25 | - | -€25 | |
| Current assets | 29/58 | €164,064 | €173,326 | +€9,262 | +5.6% |
| Amounts receivable within one year | 40/41 | €38,719 | €95,300 | +€56,581 | +146.1% |
| Other amounts receivable | 41 | €38,719 | €95,300 | +€56,581 | +146.1% |
| Cash at bank and in hand | 54/58 | €125,345 | €78,026 | -€47,320 | -37.8% |
| Total equity and liabilities | 10/49 | €210,190 | €219,314 | +€9,124 | +4.3% |
| Equity | 10/15 | €141,500 | €144,085 | +€2,585 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Capital | 10 | €12,400 | €12,400 | = | 0.0% |
| Issued capital | 100 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €670 | €670 | = | 0.0% |
| Non-distributable reserves | 130/1 | €670 | €670 | = | 0.0% |
| Legal reserve | 130 | €670 | €670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €128,430 | €131,015 | +€2,585 | +2.0% |
| Amounts payable | 17/49 | €68,690 | €75,228 | +€6,539 | +9.5% |
| Amounts payable after more than one year | 17 | €23,075 | €13,019 | -€10,056 | -43.6% |
| Financial debts | 170/4 | €23,075 | €13,019 | -€10,056 | -43.6% |
| Amounts payable within one year | 42/48 | €45,614 | €62,209 | +€16,595 | +36.4% |
| Financial debts | 43 | €4,344 | €7,200 | +€2,856 | +65.8% |
| Credit institutions | 430/8 | €4,344 | €7,200 | +€2,856 | +65.8% |
| Taxes, remuneration and social security | 45 | €41,271 | €55,009 | +€13,739 | +33.3% |
| Taxes | 450/3 | €41,271 | €55,009 | +€13,739 | +33.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,161 | €6,833 | +€672 | +10.9% |
| Other operating charges | 640/8 | €2,460 | €4,792 | +€2,332 | +94.8% |
| Gross operating margin | 9900 | €34,651 | €59,524 | +€24,873 | +71.8% |
| Operating profit (loss) | 9901 | €26,030 | €47,898 | +€21,869 | +84.0% |
| Financial charges | 65/66B | €625 | €785 | +€160 | +25.5% |
| Recurring financial charges | 65 | €625 | €785 | +€160 | +25.5% |
| Profit (loss) for the period before taxes | 9903 | €25,404 | €47,113 | +€21,709 | +85.5% |
| Income taxes | 67/77 | €555 | €44,528 | +€43,973 | +7927.9% |
| Profit (loss) for the period | 9904 | €24,850 | €2,585 | -€22,264 | -89.6% |
| Profit (loss) for the period to be appropriated | 9905 | €24,850 | €2,585 | -€22,264 | -89.6% |
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 9 October 2026 via checked.be.