LITECH: 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.
What changed
LITECH
NACE 46.140, Agents in the wholesale of industrial machinery, ships and aircraft
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€789,198
2024 · €340,742+€448,457
Equity
€514,871
2024 · €625,673-€110,802
Cash
€16,970
2024 · €3,827+€13,143
Balance sheet total
€1.6m
2024 · €1.2m+€419,928
Largest movements
Assets
- Receivables within one year +€420,864
up €420,864 (+37.7%), from €1.1m to €1.5m
of which Other amounts receivable: +€471,662
Equity and liabilities
- Other debts +€500,000
up €500,000 (+125%), from €400,000 to €900,000
- Profit (loss) carried forward -€110,802
down €110,802 (-23.1%), from €479,961 to €369,159
- Tax, wage and social debts +€35,863
up €35,863 (+68.4%), from €52,421 to €88,284
of which Taxes: +€34,562
Income statement
- Gross operating margin +€606,543
up €606,543 (+78.1%), from €776,550 to €1.4m
- Taxes +€151,032
up €151,032 (+129%), from €116,881 to €267,914
- Financial income -€15,595
down €15,595 (-36.9%), from €42,286 to €26,691
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.
Result 2024
€340,742
Gross operating margin
+€606,543
Staff costs
+€5,851
Depreciation
+€775
Other operating charges
+€1,697
Financial income
-€15,595
Financial charges
+€217
Taxes
-€151,032
Result 2025
€789,198
raises the resultlowers the result
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.
From operations
+€912,323
Investment
+€820
Financing
-€900,000
Cash 2024
€3,827
From operations (derived)
+€912,323
Net result for the year
+€789,198
Depreciation
+€13,212
Receivables within one year
-€420,864
Smaller working-capital items
+€39
Trade debts
-€14,750
Tax, wage and social debts
+€35,863
Advances received
+€9,625
Other debts
+€500,000
Investment (derived)
+€820
Investment in fixed assets (net)
-€17
Current investments
+€837
Financing
-€900,000
Contributions, distributions and other
-€900,000
Cash 2025
€16,970
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,163,465 | €1,583,393 | +€419,928 | +36.1% |
| Fixed assets | 21/28 | €41,912 | €28,717 | -€13,195 | -31.5% |
| Tangible fixed assets | 22/27 | €39,909 | €26,697 | -€13,212 | -33.1% |
| Furniture and vehicles | 24 | €39,909 | €26,697 | -€13,212 | -33.1% |
| Financial fixed assets | 28 | €2,003 | €2,020 | +€17 | +0.8% |
| Current assets | 29/58 | €1,121,553 | €1,554,676 | +€433,123 | +38.6% |
| Amounts receivable within one year | 40/41 | €1,115,667 | €1,536,531 | +€420,864 | +37.7% |
| Trade receivables | 40 | €183,429 | €132,631 | -€50,798 | -27.7% |
| Other amounts receivable | 41 | €932,238 | €1,403,900 | +€471,662 | +50.6% |
| Current investments | 50/53 | €888 | €51 | -€837 | -94.3% |
| Cash at bank and in hand | 54/58 | €3,827 | €16,970 | +€13,143 | +343% |
| Deferred charges and accrued income | 490/1 | €1,171 | €1,124 | -€47 | -4.0% |
| Total equity and liabilities | 10/49 | €1,163,465 | €1,583,393 | +€419,928 | +36.1% |
| Equity | 10/15 | €625,673 | €514,871 | -€110,802 | -17.7% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €84,212 | €84,212 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €78,062 | €78,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | €479,961 | €369,159 | -€110,802 | -23.1% |
| Amounts payable | 17/49 | €537,792 | €1,068,522 | +€530,730 | +98.7% |
| Amounts payable within one year | 42/48 | €537,762 | €1,068,500 | +€530,738 | +98.7% |
| Trade debts | 44 | €85,341 | €70,591 | -€14,750 | -17.3% |
| Suppliers | 440/4 | €85,341 | €70,591 | -€14,750 | -17.3% |
| Advances received on contracts in progress | 46 | €0 | €9,625 | +€9,625 | |
| Taxes, remuneration and social security | 45 | €52,421 | €88,284 | +€35,863 | +68.4% |
| Taxes | 450/3 | €16,370 | €50,932 | +€34,562 | +211% |
| Remuneration and social security | 454/9 | €36,051 | €37,352 | +€1,301 | +3.6% |
| Other amounts payable | 47/48 | €400,000 | €900,000 | +€500,000 | +125% |
| Accrued charges and deferred income | 492/3 | €30 | €22 | -€8 | -27.7% |
| Remuneration, social security and pensions | 62 | €342,818 | €336,968 | -€5,851 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,988 | €13,212 | -€775 | -5.5% |
| Other operating charges | 640/8 | €3,463 | €1,765 | -€1,697 | -49.0% |
| Gross operating margin | 9900 | €776,550 | €1,383,094 | +€606,543 | +78.1% |
| Operating profit (loss) | 9901 | €416,282 | €1,031,149 | +€614,867 | +148% |
| Financial income | 75/76B | €42,286 | €26,691 | -€15,595 | -36.9% |
| Recurring financial income | 75 | €42,286 | €26,691 | -€15,595 | -36.9% |
| Financial charges | 65/66B | €945 | €728 | -€217 | -23.0% |
| Recurring financial charges | 65 | €945 | €728 | -€217 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €457,623 | €1,057,112 | +€599,489 | +131% |
| Income taxes | 67/77 | €116,881 | €267,914 | +€151,032 | +129% |
| Profit (loss) for the period | 9904 | €340,742 | €789,198 | +€448,457 | +132% |
| Profit (loss) for the period to be appropriated | 9905 | €340,742 | €789,198 | +€448,457 | +132% |
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 1 November 2026 via checked.be.