Litho: 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.
Litho
Largest movements
- Receivables within one year -€62,515
no longer reported in 2011 (was €62,515)
- Cash +€33,560
new in 2011: €33,560
mainly Receivables within one year (+€62,515) and Net result for the year (+€10,146)
- Debts -€45,926
down €45,926 (-11.4%), from €401,354 to €355,427
- Gross operating margin +€1,488
up €1,488 (+3.8%), from €39,279 to €40,766
From the 2010 result to the 2011 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 2010 and 2011 balance sheets and the 2011 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2010 | 2011 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,080,493 | €3,044,713 | -€35,780 | -1.2% |
| Fixed assets | 21/28 | €3,017,978 | €3,011,152 | -€6,826 | -0.2% |
| Tangible fixed assets | 22/27 | €20,478 | €13,652 | -€6,826 | -33.3% |
| Financial fixed assets | 28 | €2,997,500 | €2,997,500 | = | 0.0% |
| Current assets | 29/58 | €62,515 | €33,560 | -€28,954 | -46.3% |
| Amounts receivable within one year | 40/41 | €62,515 | - | -€62,515 | |
| Cash at bank and in hand | 54/58 | - | €33,560 | +€33,560 | |
| Total equity and liabilities | 10/49 | €3,080,493 | €3,044,713 | -€35,780 | -1.2% |
| Equity | 10/15 | €2,679,139 | €2,689,286 | +€10,146 | +0.4% |
| Contributions | 10/11 | €1,865,600 | €1,865,600 | = | 0.0% |
| Reserves | 13 | €813,539 | €823,686 | +€10,146 | +1.2% |
| Amounts payable | 17/49 | €401,354 | €355,427 | -€45,926 | -11.4% |
| Amounts payable within one year | 42/48 | €383,354 | €337,427 | -€45,926 | -12.0% |
| Trade debts | 44 | €7,854 | €4,102 | -€3,753 | -47.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,826 | €6,826 | = | 0.0% |
| Gross operating margin | 9900 | €39,279 | €40,766 | +€1,488 | +3.8% |
| Operating profit (loss) | 9901 | €31,200 | €32,551 | +€1,351 | +4.3% |
| Recurring financial charges | 65 | €18,224 | €18,260 | +€36 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €12,976 | €14,266 | +€1,290 | +9.9% |
| Income taxes | 67/77 | €3,783 | €4,120 | +€337 | +8.9% |
| Profit (loss) for the period | 9904 | €9,193 | €10,146 | +€953 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €9,193 | €10,146 | +€953 | +10.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2010 and 31 December 2011. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.