LITOBEL: 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.
LITOBEL
Largest movements
- Cash -€74,613
down €74,613 (-25.8%), from €288,800 to €214,187
mainly Investment in fixed assets (net) (-€49,546) and Contributions, distributions and other (-€35,000)
- Tangible fixed assets +€39,073
up €39,073 (+511.2%), from €7,643 to €46,716
of which Furniture and vehicles: +€39,527
- Receivables within one year +€3,257
up €3,257 (+21.2%), from €15,376 to €18,633
of which Other amounts receivable: +€2,257
- Other debts -€26,307
down €26,307 (-38.4%), from €68,493 to €42,186
- Tax, wage and social debts -€6,928
down €6,928 (-71.6%), from €9,681 to €2,753
- Gross operating margin +€81,569
up €81,569, from -€22,865 to €58,704
- Taxes +€12,927
up €12,927 (+4860.9%), from €266 to €13,192
- Depreciation +€8,129
up €8,129 (+346.8%), from €2,344 to €10,473
- Financial income -€5,465
down €5,465 (-78.5%), from €6,965 to €1,500
- Other operating charges -€2,036
down €2,036 (-83.6%), from €2,435 to €399
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 | €311,944 | €280,193 | -€31,751 | -10.2% |
| Fixed assets | 21/28 | €7,643 | €46,716 | +€39,073 | +511.2% |
| Tangible fixed assets | 22/27 | €7,643 | €46,716 | +€39,073 | +511.2% |
| Plant, machinery and equipment | 23 | €2,178 | €1,724 | -€454 | -20.9% |
| Furniture and vehicles | 24 | €5,465 | €44,992 | +€39,527 | +723.3% |
| Current assets | 29/58 | €304,300 | €233,477 | -€70,823 | -23.3% |
| Amounts receivable within one year | 40/41 | €15,376 | €18,633 | +€3,257 | +21.2% |
| Trade receivables | 40 | €10,353 | €11,353 | +€1,000 | +9.7% |
| Other amounts receivable | 41 | €5,024 | €7,280 | +€2,257 | +44.9% |
| Cash at bank and in hand | 54/58 | €288,800 | €214,187 | -€74,613 | -25.8% |
| Deferred charges and accrued income | 490/1 | €124 | €657 | +€533 | +428.4% |
| Total equity and liabilities | 10/49 | €311,944 | €280,193 | -€31,751 | -10.2% |
| Equity | 10/15 | €233,770 | €234,824 | +€1,054 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €18,501 | €18,501 | = | 0.0% |
| Distributable reserves | 133 | €18,501 | €18,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,669 | €197,724 | +€1,054 | +0.5% |
| Amounts payable | 17/49 | €78,174 | €45,369 | -€32,805 | -42.0% |
| Amounts payable within one year | 42/48 | €78,174 | €45,369 | -€32,805 | -42.0% |
| Trade debts | 44 | - | €430 | +€430 | |
| Suppliers | 440/4 | - | €430 | +€430 | |
| Taxes, remuneration and social security | 45 | €9,681 | €2,753 | -€6,928 | -71.6% |
| Taxes | 450/3 | €9,681 | €2,753 | -€6,928 | -71.6% |
| Other amounts payable | 47/48 | €68,493 | €42,186 | -€26,307 | -38.4% |
| Non-recurring operating income | 76A | - | €12,388 | +€12,388 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,344 | €10,473 | +€8,129 | +346.8% |
| Other operating charges | 640/8 | €2,435 | €399 | -€2,036 | -83.6% |
| Gross operating margin | 9900 | -€22,865 | €58,704 | +€81,569 | |
| Operating profit (loss) | 9901 | -€27,644 | €47,832 | +€75,476 | |
| Financial income | 75/76B | €6,965 | €1,500 | -€5,465 | -78.5% |
| Recurring financial income | 75 | €6,965 | €1,500 | -€5,465 | -78.5% |
| Financial charges | 65/66B | €55 | €85 | +€30 | +54.3% |
| Recurring financial charges | 65 | €55 | €85 | +€30 | +54.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,734 | €49,247 | +€69,981 | |
| Income taxes | 67/77 | €266 | €13,192 | +€12,927 | +4860.9% |
| Profit (loss) for the period | 9904 | -€21,000 | €36,054 | +€57,055 | |
| Profit (loss) for the period to be appropriated | 9905 | -€21,000 | €36,054 | +€57,055 |
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.