LITHOSS: 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.
LITHOSS
Largest movements
- Cash +€893,178
up €893,178 (+168.8%), from €529,181 to €1.4m
mainly Net result for the year (+€867,977) and Stocks and contracts (+€77,763)
- Stocks and contracts -€77,763
down €77,763 (-5.3%), from €1.5m to €1.4m
- Receivables within one year -€62,220
down €62,220 (-12.1%), from €515,693 to €453,474
of which Trade receivables: -€42,246
- Reserves +€1.0m
up €1.0m (+120.8%), from €849,500 to €1.9m
of which Distributable reserves: +€1.3m
- Profit (loss) carried forward -€158,373
down €158,373 (-72.7%), from €217,892 to €59,519
- Tax, wage and social debts -€91,728
down €91,728 (-21.7%), from €422,372 to €330,644
of which Taxes: -€81,634
- Advances received -€68,488
down €68,488 (-30.6%), from €223,723 to €155,234
- Other debts +€60,000
up €60,000, from €0 to €60,000
- Gross operating margin +€72,133
up €72,133 (+4.1%), from €1.8m to €1.8m
- Financial income -€57,948
down €57,948 (-81.3%), from €71,247 to €13,298
- Staff costs -€25,009
down €25,009 (-4.2%), from €593,637 to €568,628
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 | €2,732,072 | €3,480,368 | +€748,296 | +27.4% |
| Fixed assets | 21/28 | €161,068 | €162,337 | +€1,269 | +0.8% |
| Intangible fixed assets | 21 | €3,353 | €953 | -€2,400 | -71.6% |
| Tangible fixed assets | 22/27 | €157,714 | €161,383 | +€3,669 | +2.3% |
| Land and buildings | 22 | €58,560 | €48,681 | -€9,879 | -16.9% |
| Plant, machinery and equipment | 23 | €62,347 | €32,006 | -€30,341 | -48.7% |
| Furniture and vehicles | 24 | €36,807 | €80,696 | +€43,889 | +119.2% |
| Current assets | 29/58 | €2,571,004 | €3,318,032 | +€747,027 | +29.1% |
| Stocks and contracts in progress | 3 | €1,478,059 | €1,400,296 | -€77,763 | -5.3% |
| Stocks | 30/36 | €1,478,059 | €1,400,296 | -€77,763 | -5.3% |
| Amounts receivable within one year | 40/41 | €515,693 | €453,474 | -€62,220 | -12.1% |
| Trade receivables | 40 | €483,435 | €441,189 | -€42,246 | -8.7% |
| Other amounts receivable | 41 | €32,259 | €12,285 | -€19,974 | -61.9% |
| Cash at bank and in hand | 54/58 | €529,181 | €1,422,359 | +€893,178 | +168.8% |
| Deferred charges and accrued income | 490/1 | €48,071 | €41,903 | -€6,168 | -12.8% |
| Total equity and liabilities | 10/49 | €2,732,072 | €3,480,368 | +€748,296 | +27.4% |
| Equity | 10/15 | €1,142,392 | €2,010,369 | +€867,977 | +76.0% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Capital | 10 | €75,000 | €75,000 | = | 0.0% |
| Issued capital | 100 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €849,500 | €1,875,850 | +€1.0m | +120.8% |
| Non-distributable reserves | 130/1 | €7,500 | €7,500 | = | 0.0% |
| Legal reserve | 130 | €7,500 | €7,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €842,000 | €568,350 | -€273,650 | -32.5% |
| Distributable reserves | 133 | €0 | €1,300,000 | +€1.3m | |
| Profit (loss) carried forward | 14 | €217,892 | €59,519 | -€158,373 | -72.7% |
| Amounts payable | 17/49 | €1,589,681 | €1,470,000 | -€119,681 | -7.5% |
| Amounts payable within one year | 42/48 | €1,576,131 | €1,456,725 | -€119,406 | -7.6% |
| Trade debts | 44 | €930,036 | €910,847 | -€19,189 | -2.1% |
| Suppliers | 440/4 | €930,036 | €910,847 | -€19,189 | -2.1% |
| Advances received on contracts in progress | 46 | €223,723 | €155,234 | -€68,488 | -30.6% |
| Taxes, remuneration and social security | 45 | €422,372 | €330,644 | -€91,728 | -21.7% |
| Taxes | 450/3 | €321,149 | €239,515 | -€81,634 | -25.4% |
| Remuneration and social security | 454/9 | €101,223 | €91,129 | -€10,094 | -10.0% |
| Other amounts payable | 47/48 | €0 | €60,000 | +€60,000 | |
| Accrued charges and deferred income | 492/3 | €13,550 | €13,275 | -€275 | -2.0% |
| Remuneration, social security and pensions | 62 | €593,637 | €568,628 | -€25,009 | -4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,500 | €52,969 | -€3,531 | -6.2% |
| Other operating charges | 640/8 | €17,292 | €13,845 | -€3,447 | -19.9% |
| Gross operating margin | 9900 | €1,762,919 | €1,835,052 | +€72,133 | +4.1% |
| Operating profit (loss) | 9901 | €1,095,490 | €1,199,610 | +€104,120 | +9.5% |
| Financial income | 75/76B | €71,247 | €13,298 | -€57,948 | -81.3% |
| Recurring financial income | 75 | €71,247 | €13,298 | -€57,948 | -81.3% |
| Financial charges | 65/66B | €34,039 | €36,374 | +€2,334 | +6.9% |
| Recurring financial charges | 65 | €34,039 | €36,374 | +€2,334 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €1,132,698 | €1,176,535 | +€43,837 | +3.9% |
| Income taxes | 67/77 | €312,065 | €308,557 | -€3,507 | -1.1% |
| Profit (loss) for the period | 9904 | €820,633 | €867,977 | +€47,344 | +5.8% |
| Transfer from tax-exempt reserves | 789 | €210,500 | €526,250 | +€315,750 | +150.0% |
| Transfer to tax-exempt reserves | 689 | €0 | €252,600 | +€252,600 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,031,133 | €1,141,627 | +€110,494 | +10.7% |
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 30 September 2026 via checked.be.