LITHOS: 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.
LITHOS
Largest movements
- Cash +€273,885
up €273,885 (+1253.9%), from €21,843 to €295,728
mainly Investment in fixed assets (net) (+€184,438) and Tax, wage and social debts (+€124,483)
- Tangible fixed assets -€191,096
down €191,096 (-55.3%), from €345,827 to €154,731
- Tax, wage and social debts +€124,483
up €124,483 (+4928.1%), from €2,526 to €127,009
- Provisions -€119,003
no longer reported in 2025 (was €119,003)
- Reserves +€97,660
up €97,660 (+29.7%), from €328,777 to €426,437
of which Distributable reserves: +€341,963
- Accrued charges and deferred income -€17,082
down €17,082 (-62.4%), from €27,395 to €10,313
- Taxes +€121,957
up €121,957 (+4828.1%), from €2,526 to €124,483
- Gross operating margin +€93,086
up €93,086 (+467.9%), from €19,893 to €112,979
- Depreciation -€6,339
down €6,339 (-48.8%), from €12,997 to €6,658
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 | €529,886 | €610,010 | +€80,123 | +15.1% |
| Fixed assets | 21/28 | €345,951 | €154,855 | -€191,096 | -55.2% |
| Tangible fixed assets | 22/27 | €345,827 | €154,731 | -€191,096 | -55.3% |
| Land and buildings | 22 | €345,827 | €154,731 | -€191,096 | -55.3% |
| Financial fixed assets | 28 | €124 | €124 | = | 0.0% |
| Current assets | 29/58 | €183,936 | €455,155 | +€271,219 | +147.5% |
| Amounts receivable within one year | 40/41 | €86,749 | €84,084 | -€2,666 | -3.1% |
| Trade receivables | 40 | €228 | - | -€228 | |
| Other amounts receivable | 41 | €86,521 | €84,084 | -€2,437 | -2.8% |
| Cash at bank and in hand | 54/58 | €21,843 | €295,728 | +€273,885 | +1253.9% |
| Deferred charges and accrued income | 490/1 | €75,343 | €75,343 | = | 0.0% |
| Total equity and liabilities | 10/49 | €529,886 | €610,010 | +€80,123 | +15.1% |
| Equity | 10/15 | €359,764 | €457,424 | +€97,660 | +27.1% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €328,777 | €426,437 | +€97,660 | +29.7% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €244,303 | - | -€244,303 | |
| Distributable reserves | 133 | €81,375 | €423,339 | +€341,963 | +420.2% |
| Provisions and deferred taxes | 16 | €119,003 | - | -€119,003 | |
| Deferred taxes | 168 | €119,003 | - | -€119,003 | |
| Amounts payable | 17/49 | €51,120 | €152,586 | +€101,466 | +198.5% |
| Amounts payable within one year | 42/48 | €23,725 | €142,273 | +€118,548 | +499.7% |
| Trade debts | 44 | €10,971 | €5,036 | -€5,935 | -54.1% |
| Suppliers | 440/4 | €10,971 | €5,036 | -€5,935 | -54.1% |
| Taxes, remuneration and social security | 45 | €2,526 | €127,009 | +€124,483 | +4928.1% |
| Taxes | 450/3 | €2,526 | €127,009 | +€124,483 | +4928.1% |
| Other amounts payable | 47/48 | €10,228 | €10,228 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €27,395 | €10,313 | -€17,082 | -62.4% |
| Non-recurring operating income | 76A | - | €20,422 | +€20,422 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,997 | €6,658 | -€6,339 | -48.8% |
| Other operating charges | 640/8 | €3,020 | €2,695 | -€325 | -10.7% |
| Gross operating margin | 9900 | €19,893 | €112,979 | +€93,086 | +467.9% |
| Operating profit (loss) | 9901 | €3,875 | €103,625 | +€99,750 | +2574.1% |
| Financial charges | 65/66B | €497 | €485 | -€12 | -2.3% |
| Recurring financial charges | 65 | €497 | €485 | -€12 | -2.3% |
| Profit (loss) for the period before taxes | 9903 | €3,378 | €103,140 | +€99,762 | +2953.1% |
| Transfer from deferred taxes | 780 | €2,342 | €119,003 | +€116,661 | +4980.7% |
| Income taxes | 67/77 | €2,526 | €124,483 | +€121,957 | +4828.1% |
| Profit (loss) for the period | 9904 | €3,194 | €97,660 | +€94,466 | +2957.2% |
| Transfer from tax-exempt reserves | 789 | €3,549 | €244,303 | +€240,754 | +6783.2% |
| Profit (loss) for the period to be appropriated | 9905 | €6,744 | €341,963 | +€335,220 | +4970.8% |
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 8 October 2026 via checked.be.