LITS: what changed
Two fiscal 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.
LITS
Largest movements
- Cash +€27,200
up €27,200 (+600.7%), from €4,528 to €31,729
mainly Net result for the year (+€34,835) and Depreciation (+€27,000)
- Intangible fixed assets -€26,800
down €26,800 (-21.8%), from €122,693 to €95,893
- Receivables within one year +€19,297
up €19,297 (+29.1%), from €66,382 to €85,679
of which Trade receivables: +€36,909
- Reserves +€34,835
up €34,835 (+169.0%), from €20,613 to €55,447
- Trade debts -€24,020
down €24,020 (-14.6%), from €164,423 to €140,403
- Tax, wage and social debts +€8,701
up €8,701 (+351.5%), from €2,475 to €11,176
- Gross operating margin +€35,944
up €35,944 (+102.5%), from €35,058 to €71,002
- Depreciation +€15,600
up €15,600 (+136.9%), from €11,400 to €27,000
- Taxes +€6,225
up €6,225 (+251.5%), from €2,475 to €8,701
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 | €194,511 | €214,026 | +€19,515 | +10.0% |
| Fixed assets | 21/28 | €123,600 | €96,600 | -€27,000 | -21.8% |
| Intangible fixed assets | 21 | €122,693 | €95,893 | -€26,800 | -21.8% |
| Tangible fixed assets | 22/27 | €908 | €708 | -€200 | -22.0% |
| Plant, machinery and equipment | 23 | €908 | €708 | -€200 | -22.0% |
| Current assets | 29/58 | €70,910 | €117,426 | +€46,515 | +65.6% |
| Amounts receivable within one year | 40/41 | €66,382 | €85,679 | +€19,297 | +29.1% |
| Trade receivables | 40 | €45,705 | €82,614 | +€36,909 | +80.8% |
| Other amounts receivable | 41 | €20,677 | €3,065 | -€17,612 | -85.2% |
| Cash at bank and in hand | 54/58 | €4,528 | €31,729 | +€27,200 | +600.7% |
| Deferred charges and accrued income | 490/1 | - | €18 | +€18 | |
| Total equity and liabilities | 10/49 | €194,511 | €214,026 | +€19,515 | +10.0% |
| Equity | 10/15 | €27,613 | €62,447 | +€34,835 | +126.2% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €20,613 | €55,447 | +€34,835 | +169.0% |
| Distributable reserves | 133 | €20,613 | €55,447 | +€34,835 | +169.0% |
| Amounts payable | 17/49 | €166,898 | €151,579 | -€15,319 | -9.2% |
| Amounts payable within one year | 42/48 | €166,898 | €151,579 | -€15,319 | -9.2% |
| Trade debts | 44 | €164,423 | €140,403 | -€24,020 | -14.6% |
| Suppliers | 440/4 | €164,423 | €140,403 | -€24,020 | -14.6% |
| Taxes, remuneration and social security | 45 | €2,475 | €11,176 | +€8,701 | +351.5% |
| Taxes | 450/3 | €2,475 | €11,176 | +€8,701 | +351.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,400 | €27,000 | +€15,600 | +136.9% |
| Other operating charges | 640/8 | €493 | €400 | -€93 | -18.9% |
| Gross operating margin | 9900 | €35,058 | €71,002 | +€35,944 | +102.5% |
| Operating profit (loss) | 9901 | €23,166 | €43,602 | +€20,436 | +88.2% |
| Financial charges | 65/66B | €78 | €67 | -€11 | -13.6% |
| Recurring financial charges | 65 | €78 | €67 | -€11 | -13.6% |
| Profit (loss) for the period before taxes | 9903 | €23,088 | €43,535 | +€20,447 | +88.6% |
| Income taxes | 67/77 | €2,475 | €8,701 | +€6,225 | +251.5% |
| Profit (loss) for the period | 9904 | €20,613 | €34,835 | +€14,222 | +69.0% |
| Profit (loss) for the period to be appropriated | 9905 | €20,613 | €34,835 | +€14,222 | +69.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.