LITHOTEC: 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.
LITHOTEC
Largest movements
- Tangible fixed assets -€172,213
down €172,213 (-19.6%), from €880,700 to €708,487
of which Plant, machinery and equipment: -€159,966
- Cash -€70,660
down €70,660 (-82.5%), from €85,635 to €14,975
mainly Debts after one year (-€142,294) and Investment in fixed assets (net) (-€104,772)
- Financial fixed assets +€46,338
new in 2026: €46,338
- Receivables within one year -€39,508
down €39,508 (-15.8%), from €250,585 to €211,076
of which Trade receivables: -€35,271
- Debts after one year -€142,294
down €142,294 (-31.3%), from €453,903 to €311,609
- Profit (loss) carried forward -€88,533
down €88,533 (-26.5%), from €334,251 to €245,717
- Investment grants -€47,023
down €47,023 (-57.9%), from €81,175 to €34,152
- Current portion of long-term debt +€15,425
up €15,425 (+9.8%), from €157,365 to €172,790
- Financial charges -€43,321
down €43,321 (-70.2%), from €61,731 to €18,410
of which Non-recurring financial charges: -€50,000
- Financial income +€32,076
up €32,076 (+180.2%), from €17,802 to €49,877
- Gross operating margin -€21,799
down €21,799 (-6.8%), from €320,542 to €298,743
- Staff costs +€18,284
up €18,284 (+10.9%), from €167,578 to €185,862
- Depreciation +€16,834
up €16,834 (+7.9%), from €213,812 to €230,646
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,337,915 | €1,097,647 | -€240,268 | -18.0% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €880,700 | €754,825 | -€125,875 | -14.3% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €880,700 | €708,487 | -€172,213 | -19.6% |
| Land and buildings | 22 | €833 | €627 | -€206 | -24.7% |
| Plant, machinery and equipment | 23 | €836,725 | €676,760 | -€159,966 | -19.1% |
| Furniture and vehicles | 24 | €23,275 | €14,094 | -€9,181 | -39.4% |
| Other tangible fixed assets | 26 | €19,866 | €17,006 | -€2,859 | -14.4% |
| Financial fixed assets | 28 | - | €46,338 | +€46,338 | |
| Current assets | 29/58 | €457,216 | €342,822 | -€114,394 | -25.0% |
| Stocks and contracts in progress | 3 | €73,319 | €78,431 | +€5,112 | +7.0% |
| Stocks | 30/36 | €73,069 | €78,201 | +€5,132 | +7.0% |
| Contracts in progress | 37 | €250 | €230 | -€20 | -8.0% |
| Amounts receivable within one year | 40/41 | €250,585 | €211,076 | -€39,508 | -15.8% |
| Trade receivables | 40 | €245,802 | €210,532 | -€35,271 | -14.3% |
| Other amounts receivable | 41 | €4,782 | €545 | -€4,237 | -88.6% |
| Current investments | 50/53 | €37,143 | €37,143 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €85,635 | €14,975 | -€70,660 | -82.5% |
| Deferred charges and accrued income | 490/1 | €10,534 | €1,196 | -€9,338 | -88.6% |
| Total equity and liabilities | 10/49 | €1,337,915 | €1,097,647 | -€240,268 | -18.0% |
| Equity | 10/15 | €633,084 | €497,528 | -€135,557 | -21.4% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €155,685 | €155,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,340 | €43,340 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Own shares acquired | 1312 | €37,143 | €37,143 | = | 0.0% |
| Tax-exempt reserves | 132 | €202 | €202 | = | 0.0% |
| Distributable reserves | 133 | €112,143 | €112,143 | = | 0.0% |
| Profit (loss) carried forward | 14 | €334,251 | €245,717 | -€88,533 | -26.5% |
| Investment grants | 15 | €81,175 | €34,152 | -€47,023 | -57.9% |
| Amounts payable | 17/49 | €704,831 | €600,119 | -€104,712 | -14.9% |
| Amounts payable after more than one year | 17 | €453,903 | €311,609 | -€142,294 | -31.3% |
| Financial debts | 170/4 | €453,903 | €311,609 | -€142,294 | -31.3% |
| Amounts payable within one year | 42/48 | €250,927 | €288,510 | +€37,582 | +15.0% |
| Current portion of amounts payable after more than one year | 42 | €157,365 | €172,790 | +€15,425 | +9.8% |
| Financial debts | 43 | - | €1,693 | +€1,693 | |
| Credit institutions | 430/8 | - | €1,693 | +€1,693 | |
| Trade debts | 44 | €66,615 | €79,832 | +€13,217 | +19.8% |
| Suppliers | 440/4 | €66,615 | €79,832 | +€13,217 | +19.8% |
| Taxes, remuneration and social security | 45 | €26,838 | €34,195 | +€7,357 | +27.4% |
| Taxes | 450/3 | €10,061 | €10,758 | +€697 | +6.9% |
| Remuneration and social security | 454/9 | €16,777 | €23,437 | +€6,660 | +39.7% |
| Other amounts payable | 47/48 | €109 | - | -€109 | |
| Remuneration, social security and pensions | 62 | €167,578 | €185,862 | +€18,284 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €213,812 | €230,646 | +€16,834 | +7.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,924 | - | -€9,924 | |
| Other operating charges | 640/8 | €2,403 | €2,013 | -€390 | -16.2% |
| Gross operating margin | 9900 | €320,542 | €298,743 | -€21,799 | -6.8% |
| Operating profit (loss) | 9901 | -€73,176 | -€119,779 | -€46,603 | -63.7% |
| Financial income | 75/76B | €17,802 | €49,877 | +€32,076 | +180.2% |
| Recurring financial income | 75 | €17,802 | €49,877 | +€32,076 | +180.2% |
| Financial charges | 65/66B | €61,731 | €18,410 | -€43,321 | -70.2% |
| Recurring financial charges | 65 | €11,731 | €18,410 | +€6,679 | +56.9% |
| Non-recurring financial charges | 66B | €50,000 | - | -€50,000 | |
| Profit (loss) for the period before taxes | 9903 | -€117,105 | -€88,312 | +€28,793 | +24.6% |
| Income taxes | 67/77 | €218 | €221 | +€4 | +1.7% |
| Profit (loss) for the period | 9904 | -€117,323 | -€88,533 | +€28,790 | +24.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€117,323 | -€88,533 | +€28,790 | +24.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.