LITTLEKEY: 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.
LITTLEKEY
Largest movements
- Receivables within one year +€48,211
up €48,211 (+166%), from €29,112 to €77,323
of which Trade receivables: +€52,323
- Cash -€26,170
down €26,170 (-23.3%), from €112,102 to €85,932
mainly Contributions, distributions and other (-€162,820) and Receivables within one year (-€48,211)
- Tangible fixed assets -€9,763
down €9,763 (-2.7%), from €363,912 to €354,149
of which Land and buildings: -€9,650
- Reserves -€47,820
down €47,820 (-40.5%), from €118,020 to €70,200
of which Distributable reserves: -€47,820
- Tax, wage and social debts +€45,278
up €45,278 (+432%), from €10,477 to €55,754
- Other debts +€27,607
up €27,607 (+41.7%), from €66,213 to €93,820
- Debts after one year -€11,675
down €11,675 (-3.9%), from €302,244 to €290,570
- Depreciation -€57,660
down €57,660 (-85.5%), from €67,424 to €9,763
- Gross operating margin +€32,081
up €32,081 (+20.9%), from €153,716 to €185,797
- Taxes +€25,352
up €25,352 (+139%), from €18,263 to €43,615
- Financial charges +€5,532
up €5,532 (+99.7%), from €5,551 to €11,083
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 | €727,518 | €742,997 | +€15,479 | +2.1% |
| Fixed assets | 21/28 | €585,312 | €575,549 | -€9,763 | -1.7% |
| Tangible fixed assets | 22/27 | €363,912 | €354,149 | -€9,763 | -2.7% |
| Land and buildings | 22 | €363,798 | €354,149 | -€9,650 | -2.7% |
| Furniture and vehicles | 24 | €114 | €0 | -€114 | -100% |
| Financial fixed assets | 28 | €221,400 | €221,400 | = | 0.0% |
| Current assets | 29/58 | €142,206 | €167,448 | +€25,242 | +17.8% |
| Amounts receivable within one year | 40/41 | €29,112 | €77,323 | +€48,211 | +166% |
| Trade receivables | 40 | €18,325 | €70,648 | +€52,323 | +286% |
| Other amounts receivable | 41 | €10,787 | €6,675 | -€4,112 | -38.1% |
| Cash at bank and in hand | 54/58 | €112,102 | €85,932 | -€26,170 | -23.3% |
| Deferred charges and accrued income | 490/1 | €992 | €4,193 | +€3,200 | +323% |
| Total equity and liabilities | 10/49 | €727,518 | €742,997 | +€15,479 | +2.1% |
| Equity | 10/15 | €334,699 | €291,124 | -€43,575 | -13.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €118,020 | €70,200 | -€47,820 | -40.5% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €116,020 | €68,200 | -€47,820 | -41.2% |
| Profit (loss) carried forward | 14 | €196,679 | €200,924 | +€4,245 | +2.2% |
| Amounts payable | 17/49 | €392,818 | €451,872 | +€59,054 | +15.0% |
| Amounts payable after more than one year | 17 | €302,244 | €290,570 | -€11,675 | -3.9% |
| Financial debts | 170/4 | €302,244 | €290,570 | -€11,675 | -3.9% |
| Amounts payable within one year | 42/48 | €90,574 | €161,303 | +€70,729 | +78.1% |
| Current portion of amounts payable after more than one year | 42 | €13,183 | €11,675 | -€1,508 | -11.4% |
| Trade debts | 44 | €701 | €54 | -€647 | -92.4% |
| Suppliers | 440/4 | €701 | €54 | -€647 | -92.4% |
| Taxes, remuneration and social security | 45 | €10,477 | €55,754 | +€45,278 | +432% |
| Taxes | 450/3 | €10,477 | €55,754 | +€45,278 | +432% |
| Other amounts payable | 47/48 | €66,213 | €93,820 | +€27,607 | +41.7% |
| Non-recurring operating income | 76A | €11,265 | €0 | -€11,265 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,424 | €9,763 | -€57,660 | -85.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | - | = | |
| Other operating charges | 640/8 | €1,268 | €2,254 | +€986 | +77.8% |
| Gross operating margin | 9900 | €153,716 | €185,797 | +€32,081 | +20.9% |
| Operating profit (loss) | 9901 | €85,024 | €173,780 | +€88,756 | +104% |
| Financial income | 75/76B | €1,644 | €163 | -€1,481 | -90.1% |
| Recurring financial income | 75 | €1,644 | €163 | -€1,481 | -90.1% |
| Financial charges | 65/66B | €5,551 | €11,083 | +€5,532 | +99.7% |
| Recurring financial charges | 65 | €5,551 | €11,083 | +€5,532 | +99.7% |
| Profit (loss) for the period before taxes | 9903 | €81,118 | €162,860 | +€81,742 | +101% |
| Income taxes | 67/77 | €18,263 | €43,615 | +€25,352 | +139% |
| Profit (loss) for the period | 9904 | €62,855 | €119,245 | +€56,390 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €62,855 | €119,245 | +€56,390 | +89.7% |
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 19 October 2026 via checked.be.