LITD: 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.
LITD
Largest movements
- Receivables within one year +€31,768
up €31,768 (+33.5%), from €94,935 to €126,703
of which Other amounts receivable: +€31,768
- Cash -€6,490
no longer reported in 2025 (was €6,490)
mainly Receivables within one year (-€31,768) and Tax, wage and social debts (-€30,113)
- Tangible fixed assets +€1,523
up €1,523 (+41.8%), from €3,645 to €5,167
of which Furniture and vehicles: +€1,825
- Tax, wage and social debts -€30,113
down €30,113 (-46.2%), from €65,236 to €35,123
- Debts after one year +€27,074
new in 2025: €27,074
- Profit (loss) carried forward +€24,501
up €24,501 (+93.3%), from €26,247 to €50,749
- Trade debts +€2,735
up €2,735 (+96.1%), from €2,847 to €5,582
- Other debts +€2,500
new in 2025: €2,500
- Gross operating margin -€45,201
down €45,201 (-46.5%), from €97,191 to €51,991
- Other operating charges -€9,143
down €9,143 (-82.0%), from €11,146 to €2,003
- Financial charges -€3,819
down €3,819 (-71.9%), from €5,315 to €1,495
- Depreciation -€2,884
down €2,884 (-50.8%), from €5,679 to €2,795
- Taxes -€2,801
down €2,801 (-13.0%), from €21,497 to €18,697
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 | €107,970 | €134,770 | +€26,800 | +24.8% |
| Fixed assets | 21/28 | €6,545 | €8,067 | +€1,523 | +23.3% |
| Tangible fixed assets | 22/27 | €3,645 | €5,167 | +€1,523 | +41.8% |
| Land and buildings | 22 | €1,928 | €1,643 | -€285 | -14.8% |
| Plant, machinery and equipment | 23 | €17 | - | -€17 | |
| Furniture and vehicles | 24 | €1,700 | €3,525 | +€1,825 | +107% |
| Financial fixed assets | 28 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €101,425 | €126,703 | +€25,277 | +24.9% |
| Amounts receivable within one year | 40/41 | €94,935 | €126,703 | +€31,768 | +33.5% |
| Trade receivables | 40 | €6,000 | €6,000 | = | 0.0% |
| Other amounts receivable | 41 | €88,935 | €120,703 | +€31,768 | +35.7% |
| Cash at bank and in hand | 54/58 | €6,490 | - | -€6,490 | |
| Total equity and liabilities | 10/49 | €107,970 | €134,770 | +€26,800 | +24.8% |
| Equity | 10/15 | €39,887 | €64,389 | +€24,501 | +61.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,240 | €1,240 | = | 0.0% |
| Distributable reserves | 133 | €1,240 | €1,240 | = | 0.0% |
| Profit (loss) carried forward | 14 | €26,247 | €50,749 | +€24,501 | +93.3% |
| Amounts payable | 17/49 | €68,083 | €70,382 | +€2,299 | +3.4% |
| Amounts payable after more than one year | 17 | - | €27,074 | +€27,074 | |
| Financial debts | 170/4 | - | €27,074 | +€27,074 | |
| Amounts payable within one year | 42/48 | €68,083 | €43,289 | -€24,794 | -36.4% |
| Financial debts | 43 | - | €84 | +€84 | |
| Credit institutions | 430/8 | - | €84 | +€84 | |
| Trade debts | 44 | €2,847 | €5,582 | +€2,735 | +96.1% |
| Suppliers | 440/4 | €2,847 | €5,582 | +€2,735 | +96.1% |
| Taxes, remuneration and social security | 45 | €65,236 | €35,123 | -€30,113 | -46.2% |
| Taxes | 450/3 | €65,236 | €35,123 | -€30,113 | -46.2% |
| Other amounts payable | 47/48 | - | €2,500 | +€2,500 | |
| Accrued charges and deferred income | 492/3 | - | €18 | +€18 | |
| Non-recurring operating income | 76A | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,679 | €2,795 | -€2,884 | -50.8% |
| Other operating charges | 640/8 | €11,146 | €2,003 | -€9,143 | -82.0% |
| Non-recurring operating charges | 66A | €7,500 | - | -€7,500 | |
| Gross operating margin | 9900 | €97,191 | €51,991 | -€45,201 | -46.5% |
| Operating profit (loss) | 9901 | €72,866 | €47,193 | -€25,673 | -35.2% |
| Financial income | 75/76B | €0 | €1 | +€0 | +82.2% |
| Recurring financial income | 75 | €0 | €1 | +€0 | +82.2% |
| Financial charges | 65/66B | €5,315 | €1,495 | -€3,819 | -71.9% |
| Recurring financial charges | 65 | €5,315 | €1,495 | -€3,819 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €67,552 | €45,698 | -€21,854 | -32.4% |
| Income taxes | 67/77 | €21,497 | €18,697 | -€2,801 | -13.0% |
| Profit (loss) for the period | 9904 | €46,054 | €27,001 | -€19,053 | -41.4% |
| Profit (loss) for the period to be appropriated | 9905 | €46,054 | €27,001 | -€19,053 | -41.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.