LIT-INVEST: what changed
LIT-INVEST
Largest movements
- Tangible fixed assets +€93,683
up €93,683 (+112%), from €83,529 to €177,212
of which Furniture and vehicles: +€99,284
- Receivables within one year -€63,724
down €63,724 (-40.3%), from €158,210 to €94,487
of which Trade receivables: -€65,000
- Cash -€40,084
down €40,084 (-16.6%), from €240,926 to €200,842
mainly Investment in fixed assets (net) (-€116,338) and Contributions, distributions and other (-€64,801)
- Reserves -€9,814
down €9,814 (-1.7%), from €565,498 to €555,684
of which Distributable reserves: -€9,814
- Gross operating margin -€61,686
down €61,686 (-35.6%), from €173,415 to €111,729
- Taxes -€21,404
down €21,404 (-45.4%), from €47,173 to €25,769
- Depreciation +€4,308
up €4,308 (+23.5%), from €18,346 to €22,654
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €897,334 | €889,525 | -€7,809 | -0.9% |
| Fixed assets | 21/28 | €497,916 | €591,600 | +€93,683 | +18.8% |
| Tangible fixed assets | 22/27 | €83,529 | €177,212 | +€93,683 | +112% |
| Land and buildings | 22 | €71,995 | €64,481 | -€7,514 | -10.4% |
| Plant, machinery and equipment | 23 | €11,534 | €13,448 | +€1,913 | +16.6% |
| Furniture and vehicles | 24 | - | €99,284 | +€99,284 | |
| Financial fixed assets | 28 | €414,387 | €414,387 | = | 0.0% |
| Current assets | 29/58 | €399,418 | €297,926 | -€101,492 | -25.4% |
| Amounts receivable within one year | 40/41 | €158,210 | €94,487 | -€63,724 | -40.3% |
| Trade receivables | 40 | €140,000 | €75,000 | -€65,000 | -46.4% |
| Other amounts receivable | 41 | €18,210 | €19,487 | +€1,276 | +7.0% |
| Cash at bank and in hand | 54/58 | €240,926 | €200,842 | -€40,084 | -16.6% |
| Deferred charges and accrued income | 490/1 | €281 | €2,597 | +€2,315 | +824% |
| Total equity and liabilities | 10/49 | €897,334 | €889,525 | -€7,809 | -0.9% |
| Equity | 10/15 | €640,498 | €630,684 | -€9,814 | -1.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €565,498 | €555,684 | -€9,814 | -1.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €565,498 | €555,684 | -€9,814 | -1.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €20,000 | €20,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €20,000 | €20,000 | = | 0.0% |
| Major repairs and maintenance | 162 | €20,000 | €20,000 | = | 0.0% |
| Amounts payable | 17/49 | €236,836 | €238,841 | +€2,005 | +0.8% |
| Amounts payable within one year | 42/48 | €236,836 | €238,841 | +€2,005 | +0.8% |
| Trade debts | 44 | €0 | €6,333 | +€6,333 | |
| Suppliers | 440/4 | €0 | €6,333 | +€6,333 | |
| Taxes, remuneration and social security | 45 | €16,793 | €20,034 | +€3,240 | +19.3% |
| Taxes | 450/3 | €16,793 | €20,034 | +€3,240 | +19.3% |
| Other amounts payable | 47/48 | €220,043 | €212,475 | -€7,568 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,346 | €22,654 | +€4,308 | +23.5% |
| Other operating charges | 640/8 | €5,336 | €5,435 | +€99 | +1.9% |
| Gross operating margin | 9900 | €173,415 | €111,729 | -€61,686 | -35.6% |
| Operating profit (loss) | 9901 | €149,733 | €83,639 | -€66,094 | -44.1% |
| Financial income | 75/76B | €1,787 | €1,790 | +€3 | +0.2% |
| Recurring financial income | 75 | €1,787 | €1,790 | +€3 | +0.2% |
| Financial charges | 65/66B | €4,609 | €4,673 | +€64 | +1.4% |
| Recurring financial charges | 65 | €4,609 | €4,673 | +€64 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | €146,911 | €80,756 | -€66,155 | -45.0% |
| Income taxes | 67/77 | €47,173 | €25,769 | -€21,404 | -45.4% |
| Profit (loss) for the period | 9904 | €99,738 | €54,987 | -€44,751 | -44.9% |
| Profit (loss) for the period to be appropriated | 9905 | €99,738 | €54,987 | -€44,751 | -44.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.