LITH: 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.
LITH
Largest movements
- Cash +€136,052
up €136,052 (+591.5%), from €23,001 to €159,053
mainly Current investments (+€90,000) and Net result for the year (+€43,356)
- Current investments -€90,000
no longer reported in 2025 (was €90,000)
- Tangible fixed assets -€10,307
down €10,307 (-39.0%), from €26,436 to €16,129
of which Leasing and similar rights: -€10,400
- Profit (loss) carried forward +€43,356
up €43,356 (+41.7%), from €104,025 to €147,381
- Debts after one year -€7,830
down €7,830 (-70.2%), from €11,148 to €3,317
- Financial income +€1,408
up €1,408 (+200.7%), from €702 to €2,110
- Gross operating margin -€1,105
down €1,105 (-1.7%), from €66,924 to €65,819
- Taxes +€728
up €728 (+6.6%), from €10,941 to €11,669
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 | €155,528 | €189,804 | +€34,276 | +22.0% |
| Fixed assets | 21/28 | €26,436 | €16,129 | -€10,307 | -39.0% |
| Tangible fixed assets | 22/27 | €26,436 | €16,129 | -€10,307 | -39.0% |
| Furniture and vehicles | 24 | €1,760 | €1,854 | +€93 | +5.3% |
| Leasing and similar rights | 25 | €24,675 | €14,275 | -€10,400 | -42.1% |
| Current assets | 29/58 | €129,093 | €173,676 | +€44,583 | +34.5% |
| Amounts receivable within one year | 40/41 | €14,001 | €13,533 | -€468 | -3.3% |
| Trade receivables | 40 | €10,494 | €11,365 | +€871 | +8.3% |
| Other amounts receivable | 41 | €3,507 | €2,168 | -€1,339 | -38.2% |
| Current investments | 50/53 | €90,000 | - | -€90,000 | |
| Cash at bank and in hand | 54/58 | €23,001 | €159,053 | +€136,052 | +591.5% |
| Deferred charges and accrued income | 490/1 | €2,090 | €1,089 | -€1,001 | -47.9% |
| Total equity and liabilities | 10/49 | €155,528 | €189,804 | +€34,276 | +22.0% |
| Equity | 10/15 | €116,025 | €159,381 | +€43,356 | +37.4% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €104,025 | €147,381 | +€43,356 | +41.7% |
| Amounts payable | 17/49 | €39,503 | €30,423 | -€9,080 | -23.0% |
| Amounts payable after more than one year | 17 | €11,148 | €3,317 | -€7,830 | -70.2% |
| Financial debts | 170/4 | €11,148 | €3,317 | -€7,830 | -70.2% |
| Amounts payable within one year | 42/48 | €28,355 | €27,106 | -€1,249 | -4.4% |
| Current portion of amounts payable after more than one year | 42 | €7,648 | €7,830 | +€182 | +2.4% |
| Trade debts | 44 | €2,576 | €2,606 | +€30 | +1.1% |
| Suppliers | 440/4 | €2,576 | €2,606 | +€30 | +1.1% |
| Taxes, remuneration and social security | 45 | €13,546 | €12,538 | -€1,008 | -7.4% |
| Taxes | 450/3 | €13,546 | €12,538 | -€1,008 | -7.4% |
| Other amounts payable | 47/48 | €4,584 | €4,131 | -€453 | -9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,227 | €11,380 | +€153 | +1.4% |
| Other operating charges | 640/8 | €883 | €500 | -€383 | -43.4% |
| Gross operating margin | 9900 | €66,924 | €65,819 | -€1,105 | -1.7% |
| Operating profit (loss) | 9901 | €54,814 | €53,939 | -€875 | -1.6% |
| Financial income | 75/76B | €702 | €2,110 | +€1,408 | +200.7% |
| Recurring financial income | 75 | €702 | €2,110 | +€1,408 | +200.7% |
| Financial charges | 65/66B | €1,076 | €1,024 | -€52 | -4.8% |
| Recurring financial charges | 65 | €1,076 | €1,024 | -€52 | -4.8% |
| Profit (loss) for the period before taxes | 9903 | €54,440 | €55,025 | +€585 | +1.1% |
| Income taxes | 67/77 | €10,941 | €11,669 | +€728 | +6.6% |
| Profit (loss) for the period | 9904 | €43,499 | €43,356 | -€143 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €43,499 | €43,356 | -€143 | -0.3% |
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 29 September 2026 via checked.be.