LITIBO: 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.
LITIBO
Largest movements
- Tangible fixed assets +€148,095
up €148,095 (+143.9%), from €102,930 to €251,025
of which Assets under construction and advance payments: +€120,868
- Receivables within one year -€42,874
down €42,874 (-61.6%), from €69,575 to €26,701
of which Trade receivables: -€43,426
- Cash +€24,595
up €24,595 (+32.4%), from €75,873 to €100,468
mainly Debts after one year (+€133,477) and Receivables within one year (+€42,874)
- Debts after one year +€133,477
up €133,477 (+175.4%), from €76,103 to €209,580
- Reserves +€40,760
up €40,760 (+52.4%), from €77,773 to €118,532
- Trade debts -€28,204
down €28,204 (-59.0%), from €47,832 to €19,628
- Tax, wage and social debts -€13,345
down €13,345 (-31.0%), from €43,070 to €29,725
of which Taxes: -€11,895
- Gross operating margin +€18,115
up €18,115 (+29.2%), from €61,952 to €80,068
- Depreciation +€8,636
up €8,636 (+199.8%), from €4,323 to €12,959
- Other operating charges -€6,766
down €6,766 (-88.8%), from €7,621 to €854
- Financial charges +€5,390
up €5,390 (+255.1%), from €2,113 to €7,503
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €249,203 | €379,350 | +€130,147 | +52.2% |
| Fixed assets | 21/28 | €102,930 | €251,025 | +€148,095 | +143.9% |
| Tangible fixed assets | 22/27 | €102,930 | €251,025 | +€148,095 | +143.9% |
| Land and buildings | 22 | €49,400 | €49,400 | = | 0.0% |
| Furniture and vehicles | 24 | €3,451 | €23,102 | +€19,651 | +569.4% |
| Other tangible fixed assets | 26 | €20,720 | €28,296 | +€7,575 | +36.6% |
| Assets under construction and advance payments | 27 | €29,359 | €150,227 | +€120,868 | +411.7% |
| Current assets | 29/58 | €146,273 | €128,325 | -€17,948 | -12.3% |
| Amounts receivable within one year | 40/41 | €69,575 | €26,701 | -€42,874 | -61.6% |
| Trade receivables | 40 | €69,554 | €26,128 | -€43,426 | -62.4% |
| Other amounts receivable | 41 | €21 | €573 | +€552 | +2655.3% |
| Cash at bank and in hand | 54/58 | €75,873 | €100,468 | +€24,595 | +32.4% |
| Deferred charges and accrued income | 490/1 | €824 | €1,156 | +€331 | +40.2% |
| Total equity and liabilities | 10/49 | €249,203 | €379,350 | +€130,147 | +52.2% |
| Equity | 10/15 | €77,773 | €118,532 | +€40,760 | +52.4% |
| Reserves | 13 | €77,773 | €118,532 | +€40,760 | +52.4% |
| Distributable reserves | 133 | €77,773 | €118,532 | +€40,760 | +52.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €171,430 | €260,818 | +€89,388 | +52.1% |
| Amounts payable after more than one year | 17 | €76,103 | €209,580 | +€133,477 | +175.4% |
| Financial debts | 170/4 | €76,103 | €209,580 | +€133,477 | +175.4% |
| Amounts payable within one year | 42/48 | €95,327 | €51,238 | -€44,089 | -46.3% |
| Trade debts | 44 | €47,832 | €19,628 | -€28,204 | -59.0% |
| Suppliers | 440/4 | €47,832 | €19,628 | -€28,204 | -59.0% |
| Taxes, remuneration and social security | 45 | €43,070 | €29,725 | -€13,345 | -31.0% |
| Taxes | 450/3 | €39,870 | €27,975 | -€11,895 | -29.8% |
| Remuneration and social security | 454/9 | €3,200 | €1,750 | -€1,450 | -45.3% |
| Other amounts payable | 47/48 | €4,425 | €1,885 | -€2,541 | -57.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,323 | €12,959 | +€8,636 | +199.8% |
| Other operating charges | 640/8 | €7,621 | €854 | -€6,766 | -88.8% |
| Gross operating margin | 9900 | €61,952 | €80,068 | +€18,115 | +29.2% |
| Operating profit (loss) | 9901 | €50,009 | €66,254 | +€16,245 | +32.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,113 | €7,503 | +€5,390 | +255.1% |
| Recurring financial charges | 65 | €2,113 | €7,503 | +€5,390 | +255.1% |
| Profit (loss) for the period before taxes | 9903 | €47,896 | €58,751 | +€10,855 | +22.7% |
| Income taxes | 67/77 | €16,173 | €16,273 | +€100 | +0.6% |
| Profit (loss) for the period | 9904 | €31,722 | €42,478 | +€10,755 | +33.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,722 | €42,478 | +€10,755 | +33.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.