LITHOBETON: 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
LITHOBETON
NACE 23.610, Manufacture of other non-metallic mineral products
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€3.0m
2024 · €2.6m+€435,427
Equity
€20.8m
2024 · €18.7m+€2.1m
Cash
€3.4m
2024 · €3.1m+€291,364
Balance sheet total
€34.9m
2024 · €33.1m+€1.9m
Largest movements
Assets
- Tangible fixed assets +€949,374
up €949,374 (+9.5%), from €10.0m to €10.9m
of which Plant, machinery and equipment: +€1.4m
- Receivables within one year +€675,855
up €675,855 (+6.2%), from €11.0m to €11.7m
of which Trade receivables: +€835,158
Equity and liabilities
- Reserves +€2.1m
up €2.1m (+12.4%), from €16.9m to €19.0m
of which Distributable reserves: +€2.1m
- Debts after one year -€890,009
down €890,009 (-16.5%), from €5.4m to €4.5m
of which Financial debts: -€887,889
- Trade debts +€791,917
up €791,917 (+17.1%), from €4.6m to €5.4m
Income statement
- Turnover +€4.2m
up €4.2m (+9.1%), from €46.6m to €50.8m
- Goods and materials +€2.1m
up €2.1m (+9.7%), from €21.7m to €23.7m
of which Purchases: +€1.2m
- Staff costs +€1.5m
up €1.5m (+13.3%), from €11.1m to €12.6m
- Depreciation +€532,817
up €532,817 (+25.1%), from €2.1m to €2.7m
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
€2.6m
Turnover
+€4.2m
Other operating income
+€204,995
Goods and materials
-€2.1m
Services and other goods
-€202,455
Staff costs
-€1.5m
Depreciation
-€532,817
Write-downs
-€30,432
Other operating charges
+€43,663
Other operating items
+€435,085
Financial income
+€2,765
Financial charges
-€85,153
Taxes
-€70,689
Result 2025
€3.0m
raises the resultlowers the resultnot broken down further in the accounts
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
+€6.0m
Investment
-€3.7m
Financing
-€2.0m
Cash 2024
€3.1m
From operations (derived)
+€6.0m
Net result for the year
+€3.0m
Depreciation
+€2.7m
Stocks and contracts
+€187,375
Receivables within one year
-€675,855
Deferred charges and accrued income
-€7,131
Trade debts
+€791,917
Tax, wage and social debts
-€54,551
Advances received
-€34,853
Other debts
+€143,214
Investment (derived)
-€3.7m
Investment in fixed assets (net)
-€3.7m
Financing
-€2.0m
Debts after one year
-€890,009
Current portion of long-term debt
-€166,680
Short-term financial debts
-€826
Contributions, distributions and other
-€952,137
Cash 2025
€3.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €33,065,448 | €34,941,469 | +€1.9m | +5.7% |
| Fixed assets | 21/28 | €10,065,798 | €11,154,844 | +€1.1m | +10.8% |
| Intangible fixed assets | 21 | €55,495 | €195,127 | +€139,632 | +252% |
| Tangible fixed assets | 22/27 | €9,998,026 | €10,947,400 | +€949,374 | +9.5% |
| Land and buildings | 22 | €1,991,342 | €2,131,932 | +€140,590 | +7.1% |
| Plant, machinery and equipment | 23 | €6,531,895 | €7,920,735 | +€1.4m | +21.3% |
| Furniture and vehicles | 24 | €356,278 | €487,241 | +€130,962 | +36.8% |
| Leasing and similar rights | 25 | €82,686 | €28,851 | -€53,835 | -65.1% |
| Assets under construction and advance payments | 27 | €1,035,825 | €378,641 | -€657,184 | -63.4% |
| Financial fixed assets | 28 | €12,278 | €12,318 | +€40 | +0.3% |
| Other financial fixed assets | 284/8 | €12,278 | €12,318 | +€40 | +0.3% |
| Amounts receivable and cash guarantees | 285/8 | €12,278 | €12,318 | +€40 | +0.3% |
| Current assets | 29/58 | €22,999,649 | €23,786,624 | +€786,975 | +3.4% |
| Stocks and contracts in progress | 3 | €8,810,266 | €8,622,891 | -€187,375 | -2.1% |
| Stocks | 30/36 | €8,810,266 | €8,622,891 | -€187,375 | -2.1% |
| Raw materials and consumables | 30/31 | €3,597,154 | €3,074,426 | -€522,728 | -14.5% |
| Work in progress | 32 | - | €26,222 | +€26,222 | |
| Finished goods | 33 | €5,213,112 | €5,484,546 | +€271,434 | +5.2% |
| Goods purchased for resale | 34 | - | €37,697 | +€37,697 | |
| Amounts receivable within one year | 40/41 | €10,980,212 | €11,656,068 | +€675,855 | +6.2% |
| Trade receivables | 40 | €10,513,430 | €11,348,588 | +€835,158 | +7.9% |
| Other amounts receivable | 41 | €466,783 | €307,480 | -€159,303 | -34.1% |
| Cash at bank and in hand | 54/58 | €3,105,556 | €3,396,920 | +€291,364 | +9.4% |
| Deferred charges and accrued income | 490/1 | €103,615 | €110,746 | +€7,131 | +6.9% |
| Total equity and liabilities | 10/49 | €33,065,448 | €34,941,469 | +€1.9m | +5.7% |
| Equity | 10/15 | €18,740,792 | €20,828,601 | +€2.1m | +11.1% |
| Contributions | 10/11 | €1,850,000 | €1,850,000 | = | 0.0% |
| Capital | 10 | €1,850,000 | €1,850,000 | = | 0.0% |
| Issued capital | 100 | €1,850,000 | €1,850,000 | = | 0.0% |
| Reserves | 13 | €16,888,475 | €18,976,175 | +€2.1m | +12.4% |
| Non-distributable reserves | 130/1 | €196,527 | €196,527 | = | 0.0% |
| Legal reserve | 130 | €185,000 | €185,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,527 | €11,527 | = | 0.0% |
| Tax-exempt reserves | 132 | €220,648 | €220,648 | = | 0.0% |
| Distributable reserves | 133 | €16,471,300 | €18,559,000 | +€2.1m | +12.7% |
| Profit (loss) carried forward | 14 | €2,091 | €2,337 | +€246 | +11.8% |
| Investment grants | 15 | €226 | €89 | -€137 | -60.7% |
| Amounts payable | 17/49 | €14,324,656 | €14,112,868 | -€211,788 | -1.5% |
| Amounts payable after more than one year | 17 | €5,383,815 | €4,493,806 | -€890,009 | -16.5% |
| Financial debts | 170/4 | €5,378,455 | €4,490,566 | -€887,889 | -16.5% |
| Leasing and similar obligations | 172 | €17,252 | €1,280 | -€15,972 | -92.6% |
| Credit institutions | 173 | €5,361,203 | €4,489,286 | -€871,917 | -16.3% |
| Other amounts payable | 178/9 | €5,360 | €3,240 | -€2,120 | -39.6% |
| Amounts payable within one year | 42/48 | €8,940,841 | €9,619,062 | +€678,222 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €1,263,009 | €1,096,329 | -€166,680 | -13.2% |
| Financial debts | 43 | €168,921 | €168,095 | -€826 | -0.5% |
| Credit institutions | 430/8 | €168,921 | €168,095 | -€826 | -0.5% |
| Trade debts | 44 | €4,635,869 | €5,427,786 | +€791,917 | +17.1% |
| Suppliers | 440/4 | €4,635,869 | €5,427,786 | +€791,917 | +17.1% |
| Advances received on contracts in progress | 46 | €77,288 | €42,435 | -€34,853 | -45.1% |
| Taxes, remuneration and social security | 45 | €1,962,075 | €1,907,524 | -€54,551 | -2.8% |
| Taxes | 450/3 | €298,485 | €322,201 | +€23,716 | +7.9% |
| Remuneration and social security | 454/9 | €1,663,591 | €1,585,324 | -€78,267 | -4.7% |
| Other amounts payable | 47/48 | €833,679 | €976,892 | +€143,214 | +17.2% |
| Operating income | 70/76A | €47,245,227 | €52,120,240 | +€4.9m | +10.3% |
| Turnover | 70 | €46,602,164 | €50,838,821 | +€4.2m | +9.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €169,007 | €297,656 | +€128,649 | +76.1% |
| Own construction capitalised | 72 | €21,485 | €0 | -€21,485 | -100% |
| Other operating income | 74 | €387,240 | €592,235 | +€204,995 | +52.9% |
| Non-recurring operating income | 76A | €65,331 | €391,528 | +€326,197 | +499% |
| Operating charges | 60/66A | €43,708,682 | €47,995,192 | +€4.3m | +9.8% |
| Goods for resale, raw materials and consumables | 60 | €21,656,808 | €23,747,604 | +€2.1m | +9.7% |
| Purchases | 600/8 | €22,089,738 | €23,262,573 | +€1.2m | +5.3% |
| Change in stocks: decrease (increase) | 609 | -€432,930 | €485,031 | +€917,961 | |
| Services and other goods | 61 | €8,710,257 | €8,912,712 | +€202,455 | +2.3% |
| Remuneration, social security and pensions | 62 | €11,129,717 | €12,605,112 | +€1.5m | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,125,498 | €2,658,316 | +€532,817 | +25.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€39,973 | -€9,541 | +€30,432 | +76.1% |
| Other operating charges | 640/8 | €124,652 | €80,989 | -€43,663 | -35.0% |
| Non-recurring operating charges | 66A | €1,723 | €0 | -€1,723 | -100% |
| Operating profit (loss) | 9901 | €3,536,545 | €4,125,048 | +€588,504 | +16.6% |
| Financial income | 75/76B | €70,505 | €73,270 | +€2,765 | +3.9% |
| Recurring financial income | 75 | €70,505 | €73,270 | +€2,765 | +3.9% |
| Income from current assets | 751 | - | €44 | +€44 | |
| Other financial income | 752/9 | €70,505 | €73,226 | +€2,721 | +3.9% |
| Financial charges | 65/66B | €117,830 | €202,982 | +€85,153 | +72.3% |
| Recurring financial charges | 65 | €117,830 | €202,982 | +€85,153 | +72.3% |
| Debt charges | 650 | €101,433 | €196,775 | +€95,342 | +94.0% |
| Other financial charges | 652/9 | €16,397 | €6,207 | -€10,189 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | €3,489,220 | €3,995,336 | +€506,116 | +14.5% |
| Income taxes | 67/77 | €884,701 | €955,390 | +€70,689 | +8.0% |
| Taxes | 670/3 | €885,000 | €955,390 | +€70,390 | +8.0% |
| Tax adjustments and reversals of tax provisions | 77 | €299 | €0 | -€299 | -100% |
| Profit (loss) for the period | 9904 | €2,604,519 | €3,039,946 | +€435,427 | +16.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,604,519 | €3,039,946 | +€435,427 | +16.7% |
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 15 October 2026 via checked.be.