LithA: 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.
LithA
Largest movements
- Cash -€104,785
down €104,785 (-47.5%), from €220,482 to €115,697
mainly Receivables after one year (-€85,000) and Stocks and contracts (-€40,000)
- Receivables after one year +€85,000
up €85,000 (+340.0%), from €25,000 to €110,000
- Stocks and contracts +€40,000
new in 2024: €40,000
- Receivables within one year -€26,022
down €26,022 (-13.2%), from €197,364 to €171,342
of which Trade receivables: -€33,921
- Tangible fixed assets -€18,049
down €18,049 (-2.8%), from €636,472 to €618,423
of which Land and buildings: -€23,908
- Trade debts +€64,748
up €64,748 (+91.5%), from €70,771 to €135,518
- Tax, wage and social debts -€35,869
no longer reported in 2024 (was €35,869)
- Reserves +€34,886
up €34,886 (+24.3%), from €143,661 to €178,547
of which Distributable reserves: +€34,886
- Advances received -€33,921
no longer reported in 2024 (was €33,921)
- Debts after one year -€24,893
down €24,893 (-5.9%), from €423,044 to €398,151
- Gross operating margin -€97,022
down €97,022 (-41.6%), from €233,024 to €136,002
- Other operating charges -€22,859
down €22,859 (-99.1%), from €23,055 to €196
- Taxes -€22,335
down €22,335 (-49.2%), from €45,372 to €23,037
- Financial charges +€14,384
up €14,384 (+56.4%), from €25,511 to €39,895
- Staff costs -€14,002
no longer reported in 2024 (was €14,002)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,079,443 | €1,065,524 | -€13,919 | -1.3% |
| Fixed assets | 21/28 | €636,597 | €618,548 | -€18,049 | -2.8% |
| Tangible fixed assets | 22/27 | €636,472 | €618,423 | -€18,049 | -2.8% |
| Land and buildings | 22 | €623,276 | €599,368 | -€23,908 | -3.8% |
| Plant, machinery and equipment | 23 | €8,843 | €15,577 | +€6,734 | +76.2% |
| Furniture and vehicles | 24 | €4,353 | €3,478 | -€875 | -20.1% |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €442,847 | €446,976 | +€4,129 | +0.9% |
| Amounts receivable after more than one year | 29 | €25,000 | €110,000 | +€85,000 | +340.0% |
| Other amounts receivable | 291 | €25,000 | €110,000 | +€85,000 | +340.0% |
| Stocks and contracts in progress | 3 | - | €40,000 | +€40,000 | |
| Contracts in progress | 37 | - | €40,000 | +€40,000 | |
| Amounts receivable within one year | 40/41 | €197,364 | €171,342 | -€26,022 | -13.2% |
| Trade receivables | 40 | €122,507 | €88,586 | -€33,921 | -27.7% |
| Other amounts receivable | 41 | €74,857 | €82,756 | +€7,899 | +10.6% |
| Cash at bank and in hand | 54/58 | €220,482 | €115,697 | -€104,785 | -47.5% |
| Deferred charges and accrued income | 490/1 | - | €9,937 | +€9,937 | |
| Total equity and liabilities | 10/49 | €1,079,443 | €1,065,524 | -€13,919 | -1.3% |
| Equity | 10/15 | €447,076 | €481,962 | +€34,886 | +7.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €143,661 | €178,547 | +€34,886 | +24.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,553 | €49,553 | = | 0.0% |
| Distributable reserves | 133 | €92,248 | €127,134 | +€34,886 | +37.8% |
| Profit (loss) carried forward | 14 | €284,815 | €284,815 | = | 0.0% |
| Amounts payable | 17/49 | €632,368 | €583,562 | -€48,806 | -7.7% |
| Amounts payable after more than one year | 17 | €423,044 | €398,151 | -€24,893 | -5.9% |
| Financial debts | 170/4 | €423,044 | €398,151 | -€24,893 | -5.9% |
| Amounts payable within one year | 42/48 | €209,324 | €185,411 | -€23,913 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €68,763 | €49,893 | -€18,870 | -27.4% |
| Trade debts | 44 | €70,771 | €135,518 | +€64,748 | +91.5% |
| Suppliers | 440/4 | €70,771 | €135,518 | +€64,748 | +91.5% |
| Advances received on contracts in progress | 46 | €33,921 | - | -€33,921 | |
| Taxes, remuneration and social security | 45 | €35,869 | - | -€35,869 | |
| Taxes | 450/3 | €35,869 | - | -€35,869 | |
| Remuneration, social security and pensions | 62 | €14,002 | - | -€14,002 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,348 | €42,656 | +€8,308 | +24.2% |
| Other operating charges | 640/8 | €23,055 | €196 | -€22,859 | -99.1% |
| Gross operating margin | 9900 | €233,024 | €136,002 | -€97,022 | -41.6% |
| Operating profit (loss) | 9901 | €161,618 | €93,149 | -€68,469 | -42.4% |
| Financial income | 75/76B | €1,513 | €4,669 | +€3,155 | +208.5% |
| Recurring financial income | 75 | €1,513 | €4,669 | +€3,155 | +208.5% |
| Financial charges | 65/66B | €25,511 | €39,895 | +€14,384 | +56.4% |
| Recurring financial charges | 65 | €25,511 | €39,895 | +€14,384 | +56.4% |
| Profit (loss) for the period before taxes | 9903 | €137,620 | €57,923 | -€79,697 | -57.9% |
| Income taxes | 67/77 | €45,372 | €23,037 | -€22,335 | -49.2% |
| Profit (loss) for the period | 9904 | €92,248 | €34,886 | -€57,362 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €92,248 | €34,886 | -€57,362 | -62.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.