LITSCO: 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.
LITSCO
Largest movements
- Cash +€35,407
up €35,407 (+92.1%), from €38,452 to €73,859
mainly Receivables within one year (+€16,788) and Net result for the year (+€12,197)
- Receivables within one year -€16,788
down €16,788 (-48.3%), from €34,781 to €17,993
of which Trade receivables: -€19,693
- Deferred charges and accrued income -€3,630
down €3,630 (-46.5%), from €7,808 to €4,177
- Tangible fixed assets -€3,605
down €3,605 (-27.2%), from €13,254 to €9,649
of which Furniture and vehicles: -€2,740
- Reserves +€9,985
up €9,985 (+13.0%), from €77,000 to €86,985
- Profit (loss) carried forward +€2,212
up €2,212 (+321.6%), from €688 to €2,900
- Gross operating margin +€7,969
up €7,969 (+87.9%), from €9,069 to €17,038
- Taxes -€2,181
down €2,181 (-92.3%), from €2,364 to €183
- Other operating charges +€655
new in 2025: €655
- Staff costs +€400
new in 2025: €400
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 | €94,295 | €105,679 | +€11,384 | +12.1% |
| Fixed assets | 21/28 | €13,254 | €9,649 | -€3,605 | -27.2% |
| Tangible fixed assets | 22/27 | €13,254 | €9,649 | -€3,605 | -27.2% |
| Plant, machinery and equipment | 23 | €7,947 | €7,082 | -€865 | -10.9% |
| Furniture and vehicles | 24 | €5,307 | €2,567 | -€2,740 | -51.6% |
| Current assets | 29/58 | €81,041 | €96,030 | +€14,989 | +18.5% |
| Amounts receivable within one year | 40/41 | €34,781 | €17,993 | -€16,788 | -48.3% |
| Trade receivables | 40 | €32,670 | €12,977 | -€19,693 | -60.3% |
| Other amounts receivable | 41 | €2,111 | €5,016 | +€2,905 | +137.6% |
| Cash at bank and in hand | 54/58 | €38,452 | €73,859 | +€35,407 | +92.1% |
| Deferred charges and accrued income | 490/1 | €7,808 | €4,177 | -€3,630 | -46.5% |
| Total equity and liabilities | 10/49 | €94,295 | €105,679 | +€11,384 | +12.1% |
| Equity | 10/15 | €83,188 | €95,385 | +€12,197 | +14.7% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Capital | 10 | €5,500 | - | -€5,500 | |
| Issued capital | 100 | €5,500 | - | -€5,500 | |
| Reserves | 13 | €77,000 | €86,985 | +€9,985 | +13.0% |
| Distributable reserves | 133 | €77,000 | €86,985 | +€9,985 | +13.0% |
| Profit (loss) carried forward | 14 | €688 | €2,900 | +€2,212 | +321.6% |
| Amounts payable | 17/49 | €11,107 | €10,293 | -€813 | -7.3% |
| Amounts payable within one year | 42/48 | €11,107 | €10,293 | -€813 | -7.3% |
| Trade debts | 44 | €619 | - | -€619 | |
| Suppliers | 440/4 | €619 | - | -€619 | |
| Taxes, remuneration and social security | 45 | €10,488 | €10,293 | -€195 | -1.9% |
| Taxes | 450/3 | €10,488 | €10,293 | -€195 | -1.9% |
| Remuneration, social security and pensions | 62 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,446 | €3,605 | +€159 | +4.6% |
| Other operating charges | 640/8 | - | €655 | +€655 | |
| Gross operating margin | 9900 | €9,069 | €17,038 | +€7,969 | +87.9% |
| Operating profit (loss) | 9901 | €5,624 | €12,378 | +€6,755 | +120.1% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2 | - | -€2 | |
| Recurring financial charges | 65 | €2 | - | -€2 | |
| Profit (loss) for the period before taxes | 9903 | €5,622 | €12,380 | +€6,759 | +120.2% |
| Income taxes | 67/77 | €2,364 | €183 | -€2,181 | -92.3% |
| Profit (loss) for the period | 9904 | €3,258 | €12,197 | +€8,939 | +274.4% |
| Profit (loss) for the period to be appropriated | 9905 | €3,258 | €12,197 | +€8,939 | +274.4% |
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 8 October 2026 via checked.be.