LITIAN: 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.
LITIAN
Largest movements
- Cash +€48,805
up €48,805 (+55.9%), from €87,286 to €136,091
mainly Net result for the year (+€80,124) and Depreciation (+€45,110)
- Receivables within one year +€43,130
up €43,130 (+455.3%), from €9,473 to €52,603
of which Other amounts receivable: +€43,021
- Tangible fixed assets -€40,028
down €40,028 (-10.3%), from €387,194 to €347,166
of which Land and buildings: -€39,367
- Current investments -€21,273
down €21,273 (-11.3%), from €188,129 to €166,856
- Reserves +€80,124
up €80,124 (+14.9%), from €539,121 to €619,245
- Debts after one year -€34,166
down €34,166 (-100.0%), from €34,166 to €0
- Tax, wage and social debts -€8,174
down €8,174 (-41.8%), from €19,556 to €11,382
- Gross operating margin -€15,379
down €15,379 (-9.2%), from €166,457 to €151,078
- Taxes -€5,849
down €5,849 (-16.5%), from €35,546 to €29,697
- Depreciation +€5,393
up €5,393 (+13.6%), from €39,717 to €45,110
- Financial charges -€3,007
down €3,007 (-71.7%), from €4,192 to €1,185
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 | €672,924 | €704,529 | +€31,605 | +4.7% |
| Fixed assets | 21/28 | €387,194 | €347,166 | -€40,028 | -10.3% |
| Tangible fixed assets | 22/27 | €387,194 | €347,166 | -€40,028 | -10.3% |
| Land and buildings | 22 | €386,361 | €346,994 | -€39,367 | -10.2% |
| Furniture and vehicles | 24 | €833 | €172 | -€661 | -79.4% |
| Current assets | 29/58 | €285,730 | €357,364 | +€71,633 | +25.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €9,473 | €52,603 | +€43,130 | +455.3% |
| Trade receivables | 40 | €0 | €109 | +€109 | |
| Other amounts receivable | 41 | €9,473 | €52,494 | +€43,021 | +454.2% |
| Current investments | 50/53 | €188,129 | €166,856 | -€21,273 | -11.3% |
| Cash at bank and in hand | 54/58 | €87,286 | €136,091 | +€48,805 | +55.9% |
| Deferred charges and accrued income | 490/1 | €843 | €1,814 | +€971 | +115.1% |
| Total equity and liabilities | 10/49 | €672,924 | €704,529 | +€31,605 | +4.7% |
| Equity | 10/15 | €551,621 | €631,745 | +€80,124 | +14.5% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €539,121 | €619,245 | +€80,124 | +14.9% |
| Distributable reserves | 133 | €539,121 | €619,245 | +€80,124 | +14.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €121,303 | €72,784 | -€48,519 | -40.0% |
| Amounts payable after more than one year | 17 | €34,166 | €0 | -€34,166 | -100.0% |
| Financial debts | 170/4 | €34,166 | €0 | -€34,166 | -100.0% |
| Amounts payable within one year | 42/48 | €87,137 | €72,784 | -€14,353 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €5,832 | €0 | -€5,832 | -100.0% |
| Financial debts | 43 | €0 | €850 | +€850 | |
| Credit institutions | 430/8 | €0 | €850 | +€850 | |
| Trade debts | 44 | €1,688 | €553 | -€1,136 | -67.3% |
| Suppliers | 440/4 | €1,688 | €553 | -€1,136 | -67.3% |
| Taxes, remuneration and social security | 45 | €19,556 | €11,382 | -€8,174 | -41.8% |
| Taxes | 450/3 | €19,556 | €11,382 | -€8,174 | -41.8% |
| Other amounts payable | 47/48 | €60,061 | €60,000 | -€61 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,717 | €45,110 | +€5,393 | +13.6% |
| Other operating charges | 640/8 | €3,445 | €3,664 | +€219 | +6.4% |
| Gross operating margin | 9900 | €166,457 | €151,078 | -€15,379 | -9.2% |
| Operating profit (loss) | 9901 | €123,294 | €102,303 | -€20,991 | -17.0% |
| Financial income | 75/76B | €7,566 | €8,703 | +€1,137 | +15.0% |
| Recurring financial income | 75 | €7,566 | €8,703 | +€1,137 | +15.0% |
| Financial charges | 65/66B | €4,192 | €1,185 | -€3,007 | -71.7% |
| Recurring financial charges | 65 | €4,192 | €1,185 | -€3,007 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €126,668 | €109,821 | -€16,847 | -13.3% |
| Income taxes | 67/77 | €35,546 | €29,697 | -€5,849 | -16.5% |
| Profit (loss) for the period | 9904 | €91,122 | €80,124 | -€10,998 | -12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,122 | €80,124 | -€10,998 | -12.1% |
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 11 October 2026 via checked.be.