LITRI: 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.
LITRI
Largest movements
- Cash -€55,530
down €55,530 (-45.6%), from €121,880 to €66,349
mainly Net result for the year (-€45,371) and Tax, wage and social debts (-€29,310)
- Receivables within one year -€7,622
down €7,622 (-11.2%), from €68,016 to €60,394
of which Other amounts receivable: -€13,399
- Tangible fixed assets +€7,316
up €7,316 (+40.3%), from €18,156 to €25,473
of which Plant, machinery and equipment: +€8,533
- Profit (loss) carried forward -€45,371
down €45,371 (-50.7%), from €89,565 to €44,194
- Tax, wage and social debts -€29,310
down €29,310 (-39.8%), from €73,582 to €44,272
of which Taxes: -€31,250
- Trade debts +€15,964
up €15,964 (+62.4%), from €25,600 to €41,565
- Other debts +€6,963
new in 2025: €6,963
- Gross operating margin -€158,585
down €158,585 (-51.1%), from €310,197 to €151,612
- Staff costs -€48,406
down €48,406 (-21.2%), from €227,903 to €179,497
- Taxes -€19,686
down €19,686 (-99.9%), from €19,700 to €15
- Financial charges +€3,147
up €3,147 (+127%), from €2,477 to €5,624
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.
Derived cash bridge
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 | €338,237 | €285,385 | -€52,853 | -15.6% |
| Fixed assets | 21/28 | €35,825 | €43,224 | +€7,399 | +20.7% |
| Tangible fixed assets | 22/27 | €18,156 | €25,473 | +€7,316 | +40.3% |
| Plant, machinery and equipment | 23 | €15,748 | €24,281 | +€8,533 | +54.2% |
| Furniture and vehicles | 24 | €2,408 | €1,192 | -€1,216 | -50.5% |
| Financial fixed assets | 28 | €17,669 | €17,751 | +€83 | +0.5% |
| Current assets | 29/58 | €302,412 | €242,161 | -€60,252 | -19.9% |
| Amounts receivable after more than one year | 29 | €105,000 | €105,000 | = | 0.0% |
| Other amounts receivable | 291 | €105,000 | €105,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €4,787 | €5,674 | +€888 | +18.5% |
| Stocks | 30/36 | €4,787 | €5,674 | +€888 | +18.5% |
| Amounts receivable within one year | 40/41 | €68,016 | €60,394 | -€7,622 | -11.2% |
| Trade receivables | 40 | €54,535 | €60,312 | +€5,777 | +10.6% |
| Other amounts receivable | 41 | €13,481 | €82 | -€13,399 | -99.4% |
| Cash at bank and in hand | 54/58 | €121,880 | €66,349 | -€55,530 | -45.6% |
| Deferred charges and accrued income | 490/1 | €2,730 | €4,743 | +€2,013 | +73.7% |
| Total equity and liabilities | 10/49 | €338,237 | €285,385 | -€52,853 | -15.6% |
| Equity | 10/15 | €218,727 | €173,356 | -€45,371 | -20.7% |
| Contributions | 10/11 | €104,115 | €104,115 | = | 0.0% |
| Capital | 10 | €104,115 | €104,115 | = | 0.0% |
| Issued capital | 100 | €104,115 | €104,115 | = | 0.0% |
| Reserves | 13 | €25,047 | €25,047 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,297 | €6,297 | = | 0.0% |
| Legal reserve | 130 | €6,297 | €6,297 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | €89,565 | €44,194 | -€45,371 | -50.7% |
| Amounts payable | 17/49 | €119,511 | €112,029 | -€7,482 | -6.3% |
| Amounts payable within one year | 42/48 | €99,182 | €92,799 | -€6,383 | -6.4% |
| Trade debts | 44 | €25,600 | €41,565 | +€15,964 | +62.4% |
| Suppliers | 440/4 | €25,600 | €41,565 | +€15,964 | +62.4% |
| Taxes, remuneration and social security | 45 | €73,582 | €44,272 | -€29,310 | -39.8% |
| Taxes | 450/3 | €52,685 | €21,435 | -€31,250 | -59.3% |
| Remuneration and social security | 454/9 | €20,897 | €22,837 | +€1,940 | +9.3% |
| Other amounts payable | 47/48 | - | €6,963 | +€6,963 | |
| Accrued charges and deferred income | 492/3 | €20,328 | €19,229 | -€1,099 | -5.4% |
| Remuneration, social security and pensions | 62 | €227,903 | €179,497 | -€48,406 | -21.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,203 | €7,476 | +€1,273 | +20.5% |
| Other operating charges | 640/8 | €4,420 | €7,222 | +€2,802 | +63.4% |
| Gross operating margin | 9900 | €310,197 | €151,612 | -€158,585 | -51.1% |
| Operating profit (loss) | 9901 | €71,670 | -€42,584 | -€114,254 | |
| Financial income | 75/76B | €2,832 | €2,852 | +€21 | +0.7% |
| Recurring financial income | 75 | €2,832 | €2,852 | +€21 | +0.7% |
| Financial charges | 65/66B | €2,477 | €5,624 | +€3,147 | +127% |
| Recurring financial charges | 65 | €2,477 | €5,624 | +€3,147 | +127% |
| Profit (loss) for the period before taxes | 9903 | €72,024 | -€45,356 | -€117,380 | |
| Income taxes | 67/77 | €19,700 | €15 | -€19,686 | -99.9% |
| Profit (loss) for the period | 9904 | €52,324 | -€45,371 | -€97,694 | |
| Profit (loss) for the period to be appropriated | 9905 | €52,324 | -€45,371 | -€97,694 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.