LetsCoCreateIT: 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.
LetsCoCreateIT
Largest movements
- Current investments -€220,000
no longer reported in 2025 (was €220,000)
- Tangible fixed assets -€10,740
down €10,740 (-21.1%), from €50,907 to €40,167
of which Furniture and vehicles: -€10,450
- Receivables within one year -€10,601
down €10,601 (-29.9%), from €35,443 to €24,842
of which Trade receivables: -€13,317
- Deferred charges and accrued income -€3,911
down €3,911 (-73.4%), from €5,330 to €1,419
- Reserves -€235,094
down €235,094 (-89.4%), from €263,015 to €27,921
- Other debts -€8,717
down €8,717 (-18.1%), from €48,255 to €39,538
- Tax, wage and social debts -€4,638
down €4,638 (-24.3%), from €19,053 to €14,415
of which Remuneration and social security: -€7,100
- Depreciation +€8,713
up €8,713 (+429.8%), from €2,027 to €10,740
- Taxes -€2,979
down €2,979 (-11.0%), from €27,156 to €24,177
- Financial income -€2,112
down €2,112 (-37.5%), from €5,638 to €3,526
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 | €334,855 | €86,839 | -€248,016 | -74.1% |
| Fixed assets | 21/28 | €50,907 | €40,167 | -€10,740 | -21.1% |
| Tangible fixed assets | 22/27 | €50,907 | €40,167 | -€10,740 | -21.1% |
| Plant, machinery and equipment | 23 | €2,877 | €2,587 | -€290 | -10.1% |
| Furniture and vehicles | 24 | €48,030 | €37,580 | -€10,450 | -21.8% |
| Current assets | 29/58 | €283,948 | €46,672 | -€237,276 | -83.6% |
| Amounts receivable within one year | 40/41 | €35,443 | €24,842 | -€10,601 | -29.9% |
| Trade receivables | 40 | €33,602 | €20,285 | -€13,317 | -39.6% |
| Other amounts receivable | 41 | €1,841 | €4,557 | +€2,716 | +147.5% |
| Current investments | 50/53 | €220,000 | - | -€220,000 | |
| Cash at bank and in hand | 54/58 | €23,175 | €20,411 | -€2,764 | -11.9% |
| Deferred charges and accrued income | 490/1 | €5,330 | €1,419 | -€3,911 | -73.4% |
| Total equity and liabilities | 10/49 | €334,855 | €86,839 | -€248,016 | -74.1% |
| Equity | 10/15 | €264,515 | €29,421 | -€235,094 | -88.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €263,015 | €27,921 | -€235,094 | -89.4% |
| Distributable reserves | 133 | €263,015 | €27,921 | -€235,094 | -89.4% |
| Amounts payable | 17/49 | €70,340 | €57,418 | -€12,922 | -18.4% |
| Amounts payable within one year | 42/48 | €68,045 | €54,588 | -€13,457 | -19.8% |
| Trade debts | 44 | €737 | €635 | -€102 | -13.8% |
| Suppliers | 440/4 | €737 | €635 | -€102 | -13.8% |
| Taxes, remuneration and social security | 45 | €19,053 | €14,415 | -€4,638 | -24.3% |
| Taxes | 450/3 | €11,953 | €14,415 | +€2,462 | +20.6% |
| Remuneration and social security | 454/9 | €7,100 | - | -€7,100 | |
| Other amounts payable | 47/48 | €48,255 | €39,538 | -€8,717 | -18.1% |
| Accrued charges and deferred income | 492/3 | €2,295 | €2,830 | +€535 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,027 | €10,740 | +€8,713 | +429.8% |
| Other operating charges | 640/8 | €451 | €465 | +€14 | +3.1% |
| Gross operating margin | 9900 | €121,468 | €122,368 | +€900 | +0.7% |
| Operating profit (loss) | 9901 | €118,990 | €111,163 | -€7,827 | -6.6% |
| Financial income | 75/76B | €5,638 | €3,526 | -€2,112 | -37.5% |
| Recurring financial income | 75 | €5,638 | €3,526 | -€2,112 | -37.5% |
| Financial charges | 65/66B | €886 | €606 | -€280 | -31.6% |
| Recurring financial charges | 65 | €886 | €606 | -€280 | -31.6% |
| Profit (loss) for the period before taxes | 9903 | €123,742 | €114,083 | -€9,659 | -7.8% |
| Income taxes | 67/77 | €27,156 | €24,177 | -€2,979 | -11.0% |
| Profit (loss) for the period | 9904 | €96,586 | €89,906 | -€6,680 | -6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €96,586 | €89,906 | -€6,680 | -6.9% |
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 6 October 2026 via checked.be.