LITO: 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.
LITO
Largest movements
- Cash -€11,804
down €11,804 (-36.9%), from €31,950 to €20,146
mainly Debts after one year (-€7,217) and Trade debts (-€5,290)
- Stocks and contracts +€2,777
up €2,777 (+7.3%), from €38,096 to €40,873
- Debts after one year -€7,217
down €7,217 (-40.2%), from €17,963 to €10,745
- Trade debts -€5,290
down €5,290 (-51.0%), from €10,375 to €5,085
- Other debts +€3,696
up €3,696 (+43.5%), from €8,503 to €12,198
- Tax, wage and social debts -€1,548
down €1,548 (-11.4%), from €13,633 to €12,085
of which Remuneration and social security: -€3,069
- Gross operating margin -€12,140
down €12,140 (-78.2%), from €15,532 to €3,391
- Taxes -€2,879
down €2,879 (-94.6%), from €3,043 to €164
- Staff costs -€807
down €807 (-61.0%), from €1,322 to €515
- Depreciation +€161
up €161 (+175.8%), from €92 to €252
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 | €75,147 | €65,024 | -€10,124 | -13.5% |
| Fixed assets | 21/28 | €418 | €166 | -€252 | -60.3% |
| Intangible fixed assets | 21 | €1 | €0 | -€1 | -100.0% |
| Tangible fixed assets | 22/27 | €417 | €166 | -€251 | -60.2% |
| Furniture and vehicles | 24 | €417 | €166 | -€251 | -60.2% |
| Current assets | 29/58 | €74,729 | €64,858 | -€9,871 | -13.2% |
| Stocks and contracts in progress | 3 | €38,096 | €40,873 | +€2,777 | +7.3% |
| Stocks | 30/36 | €38,096 | €40,873 | +€2,777 | +7.3% |
| Amounts receivable within one year | 40/41 | €1,480 | €800 | -€680 | -45.9% |
| Trade receivables | 40 | €1,480 | €800 | -€680 | -45.9% |
| Cash at bank and in hand | 54/58 | €31,950 | €20,146 | -€11,804 | -36.9% |
| Deferred charges and accrued income | 490/1 | €3,203 | €3,038 | -€165 | -5.1% |
| Total equity and liabilities | 10/49 | €75,147 | €65,024 | -€10,124 | -13.5% |
| Equity | 10/15 | €17,294 | €17,692 | +€398 | +2.3% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €7,294 | €7,692 | +€398 | +5.5% |
| Distributable reserves | 133 | €7,294 | €7,692 | +€398 | +5.5% |
| Amounts payable | 17/49 | €57,853 | €47,331 | -€10,522 | -18.2% |
| Amounts payable after more than one year | 17 | €17,963 | €10,745 | -€7,217 | -40.2% |
| Financial debts | 170/4 | €17,963 | €10,745 | -€7,217 | -40.2% |
| Amounts payable within one year | 42/48 | €39,651 | €36,586 | -€3,065 | -7.7% |
| Current portion of amounts payable after more than one year | 42 | €6,927 | €7,217 | +€291 | +4.2% |
| Trade debts | 44 | €10,375 | €5,085 | -€5,290 | -51.0% |
| Suppliers | 440/4 | €10,375 | €5,085 | -€5,290 | -51.0% |
| Advances received on contracts in progress | 46 | €213 | - | -€213 | |
| Taxes, remuneration and social security | 45 | €13,633 | €12,085 | -€1,548 | -11.4% |
| Taxes | 450/3 | €10,564 | €12,085 | +€1,521 | +14.4% |
| Remuneration and social security | 454/9 | €3,069 | - | -€3,069 | |
| Other amounts payable | 47/48 | €8,503 | €12,198 | +€3,696 | +43.5% |
| Accrued charges and deferred income | 492/3 | €240 | - | -€240 | |
| Remuneration, social security and pensions | 62 | €1,322 | €515 | -€807 | -61.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92 | €252 | +€161 | +175.8% |
| Other operating charges | 640/8 | €1,026 | €987 | -€39 | -3.8% |
| Gross operating margin | 9900 | €15,532 | €3,391 | -€12,140 | -78.2% |
| Operating profit (loss) | 9901 | €13,092 | €1,637 | -€11,455 | -87.5% |
| Financial income | 75/76B | €60 | €1 | -€59 | -97.9% |
| Recurring financial income | 75 | €60 | €1 | -€59 | -97.9% |
| Financial charges | 65/66B | €1,149 | €1,075 | -€74 | -6.4% |
| Recurring financial charges | 65 | €1,149 | €1,075 | -€74 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | €12,003 | €563 | -€11,440 | -95.3% |
| Income taxes | 67/77 | €3,043 | €164 | -€2,879 | -94.6% |
| Profit (loss) for the period | 9904 | €8,960 | €398 | -€8,562 | -95.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,960 | €398 | -€8,562 | -95.6% |
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.