LITEDA: 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.
LITEDA
Largest movements
- Tangible fixed assets -€44,423
down €44,423 (-12.9%), from €344,868 to €300,445
- Receivables within one year -€24,718
down €24,718 (-50.9%), from €48,608 to €23,890
of which Trade receivables: -€17,748
- Cash +€21,353
up €21,353 (+1,353%), from €1,578 to €22,932
mainly Short-term financial debts (+€130,500) and Depreciation (+€46,823)
- Short-term financial debts +€130,500
up €130,500 (+522%), from €25,000 to €155,500
- Other debts -€53,079
down €53,079 (-78.7%), from €67,447 to €14,368
- Profit (loss) carried forward -€52,233
down €52,233, from €49,057 to -€3,176
- Current portion of long-term debt -€39,500
down €39,500 (-60.9%), from €64,833 to €25,333
- Debts after one year -€25,333
down €25,333 (-16.7%), from €152,000 to €126,667
of which Financial debts: -€13,333
- Gross operating margin -€65,516
down €65,516 (-93.0%), from €70,461 to €4,945
- Taxes -€3,860
down €3,860 (-90.3%), from €4,276 to €417
- Depreciation +€2,488
up €2,488 (+5.6%), from €44,335 to €46,823
- Other operating charges -€1,653
down €1,653 (-39.9%), from €4,143 to €2,489
- Financial charges +€1,036
up €1,036 (+14.8%), from €6,998 to €8,034
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 | €398,794 | €350,446 | -€48,348 | -12.1% |
| Fixed assets | 21/28 | €345,073 | €300,650 | -€44,423 | -12.9% |
| Tangible fixed assets | 22/27 | €344,868 | €300,445 | -€44,423 | -12.9% |
| Land and buildings | 22 | €284,986 | €263,128 | -€21,857 | -7.7% |
| Plant, machinery and equipment | 23 | €34,762 | €22,539 | -€12,223 | -35.2% |
| Furniture and vehicles | 24 | €25,121 | €14,778 | -€10,343 | -41.2% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €53,721 | €49,795 | -€3,925 | -7.3% |
| Amounts receivable within one year | 40/41 | €48,608 | €23,890 | -€24,718 | -50.9% |
| Trade receivables | 40 | €35,555 | €17,807 | -€17,748 | -49.9% |
| Other amounts receivable | 41 | €13,053 | €6,083 | -€6,969 | -53.4% |
| Cash at bank and in hand | 54/58 | €1,578 | €22,932 | +€21,353 | +1,353% |
| Deferred charges and accrued income | 490/1 | €3,534 | €2,973 | -€561 | -15.9% |
| Total equity and liabilities | 10/49 | €398,794 | €350,446 | -€48,348 | -12.1% |
| Equity | 10/15 | €69,057 | €16,824 | -€52,233 | -75.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,057 | -€3,176 | -€52,233 | |
| Amounts payable | 17/49 | €329,736 | €333,622 | +€3,885 | +1.2% |
| Amounts payable after more than one year | 17 | €152,000 | €126,667 | -€25,333 | -16.7% |
| Financial debts | 170/4 | €140,000 | €126,667 | -€13,333 | -9.5% |
| Other amounts payable | 178/9 | €12,000 | - | -€12,000 | |
| Amounts payable within one year | 42/48 | €177,736 | €206,955 | +€29,219 | +16.4% |
| Current portion of amounts payable after more than one year | 42 | €64,833 | €25,333 | -€39,500 | -60.9% |
| Financial debts | 43 | €25,000 | €155,500 | +€130,500 | +522% |
| Other loans | 439 | €25,000 | €155,500 | +€130,500 | +522% |
| Trade debts | 44 | €7,023 | €4,279 | -€2,744 | -39.1% |
| Suppliers | 440/4 | €7,023 | €4,279 | -€2,744 | -39.1% |
| Taxes, remuneration and social security | 45 | €13,433 | €7,475 | -€5,958 | -44.4% |
| Taxes | 450/3 | €12,210 | €6,222 | -€5,988 | -49.0% |
| Remuneration and social security | 454/9 | €1,223 | €1,253 | +€29 | +2.4% |
| Other amounts payable | 47/48 | €67,447 | €14,368 | -€53,079 | -78.7% |
| Remuneration, social security and pensions | 62 | - | -€585 | -€585 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,335 | €46,823 | +€2,488 | +5.6% |
| Other operating charges | 640/8 | €4,143 | €2,489 | -€1,653 | -39.9% |
| Gross operating margin | 9900 | €70,461 | €4,945 | -€65,516 | -93.0% |
| Operating profit (loss) | 9901 | €21,984 | -€43,783 | -€65,767 | |
| Financial income | 75/76B | €72 | - | -€72 | |
| Recurring financial income | 75 | €72 | - | -€72 | |
| Financial charges | 65/66B | €6,998 | €8,034 | +€1,036 | +14.8% |
| Recurring financial charges | 65 | €6,998 | €8,034 | +€1,036 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €15,058 | -€51,817 | -€66,875 | |
| Income taxes | 67/77 | €4,276 | €417 | -€3,860 | -90.3% |
| Profit (loss) for the period | 9904 | €10,782 | -€52,233 | -€63,015 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,782 | -€52,233 | -€63,015 |
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 25 October 2026 via checked.be.