LITTORAL: 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.
What changed
LITTORAL
NACE 43.341, Painting of buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€98,175
2024 · €78,226+€19,948
Equity
€907,234
2024 · €809,059+€98,175
Cash
€13,807
2024 · €22,800-€8,993
Balance sheet total
€1.3m
2024 · €1.3m+€5,245
Largest movements
Assets
- Receivables within one year +€42,748
up €42,748 (+19.0%), from €224,551 to €267,299
of which Other amounts receivable: +€41,767
- Tangible fixed assets -€26,970
down €26,970 (-3.4%), from €798,395 to €771,425
of which Land and buildings: -€41,348
Equity and liabilities
- Profit (loss) carried forward +€101,739
up €101,739 (+27.8%), from €366,329 to €468,068
- Debts after one year -€72,169
down €72,169 (-49.3%), from €146,533 to €74,364
- Trade debts -€22,992
down €22,992 (-39.6%), from €58,090 to €35,098
Income statement
- Gross operating margin +€25,774
up €25,774 (+18.4%), from €140,024 to €165,798
- Taxes +€5,734
up €5,734 (+24.3%), from €23,600 to €29,334
- Financial charges -€2,523
down €2,523 (-27.9%), from €9,027 to €6,504
- Depreciation +€2,227
up €2,227 (+4.9%), from €45,353 to €47,580
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.
Result 2024
€78,226
Gross operating margin
+€25,774
Depreciation
-€2,227
Other operating charges
-€1,640
Financial income
+€1,253
Financial charges
+€2,523
Taxes
-€5,734
Result 2025
€98,175
raises the resultlowers the result
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.
From operations
+€84,290
Investment
-€20,610
Financing
-€72,673
Cash 2024
€22,800
From operations (derived)
+€84,290
Net result for the year
+€98,175
Depreciation
+€47,580
Receivables within one year
-€42,748
Deferred charges and accrued income
+€1,540
Provisions
-€1,836
Trade debts
-€22,992
Tax, wage and social debts
+€4,282
Advances received
+€290
Investment (derived)
-€20,610
Investment in fixed assets (net)
-€20,610
Financing
-€72,673
Debts after one year
-€72,169
Current portion of long-term debt
-€505
Cash 2025
€13,807
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,275,308 | €1,280,553 | +€5,245 | +0.4% |
| Fixed assets | 21/28 | €798,395 | €771,425 | -€26,970 | -3.4% |
| Tangible fixed assets | 22/27 | €798,395 | €771,425 | -€26,970 | -3.4% |
| Land and buildings | 22 | €791,927 | €750,579 | -€41,348 | -5.2% |
| Plant, machinery and equipment | 23 | €1,221 | €2,926 | +€1,705 | +140% |
| Furniture and vehicles | 24 | €5,247 | €17,920 | +€12,673 | +242% |
| Current assets | 29/58 | €476,913 | €509,129 | +€32,215 | +6.8% |
| Amounts receivable after more than one year | 29 | €227,621 | €227,621 | = | 0.0% |
| Other amounts receivable | 291 | €227,621 | €227,621 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €224,551 | €267,299 | +€42,748 | +19.0% |
| Trade receivables | 40 | €54,510 | €55,491 | +€981 | +1.8% |
| Other amounts receivable | 41 | €170,041 | €211,808 | +€41,767 | +24.6% |
| Cash at bank and in hand | 54/58 | €22,800 | €13,807 | -€8,993 | -39.4% |
| Deferred charges and accrued income | 490/1 | €1,941 | €402 | -€1,540 | -79.3% |
| Total equity and liabilities | 10/49 | €1,275,308 | €1,280,553 | +€5,245 | +0.4% |
| Equity | 10/15 | €809,059 | €907,234 | +€98,175 | +12.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €380,730 | €377,166 | -€3,564 | -0.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €86,089 | €82,524 | -€3,564 | -4.1% |
| Distributable reserves | 133 | €288,442 | €288,442 | = | 0.0% |
| Profit (loss) carried forward | 14 | €366,329 | €468,068 | +€101,739 | +27.8% |
| Provisions and deferred taxes | 16 | €45,387 | €43,551 | -€1,836 | -4.0% |
| Deferred taxes | 168 | €45,387 | €43,551 | -€1,836 | -4.0% |
| Amounts payable | 17/49 | €420,862 | €329,769 | -€91,093 | -21.6% |
| Amounts payable after more than one year | 17 | €146,533 | €74,364 | -€72,169 | -49.3% |
| Financial debts | 170/4 | €146,533 | €74,364 | -€72,169 | -49.3% |
| Amounts payable within one year | 42/48 | €274,329 | €255,405 | -€18,925 | -6.9% |
| Current portion of amounts payable after more than one year | 42 | €88,444 | €87,940 | -€505 | -0.6% |
| Trade debts | 44 | €58,090 | €35,098 | -€22,992 | -39.6% |
| Suppliers | 440/4 | €58,090 | €35,098 | -€22,992 | -39.6% |
| Advances received on contracts in progress | 46 | €66,855 | €67,144 | +€290 | +0.4% |
| Taxes, remuneration and social security | 45 | €60,940 | €65,222 | +€4,282 | +7.0% |
| Taxes | 450/3 | €60,940 | €65,222 | +€4,282 | +7.0% |
| Non-recurring operating income | 76A | - | €7,029 | +€7,029 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,353 | €47,580 | +€2,227 | +4.9% |
| Other operating charges | 640/8 | €2,208 | €3,848 | +€1,640 | +74.3% |
| Gross operating margin | 9900 | €140,024 | €165,798 | +€25,774 | +18.4% |
| Operating profit (loss) | 9901 | €92,463 | €114,370 | +€21,907 | +23.7% |
| Financial income | 75/76B | €16,554 | €17,806 | +€1,253 | +7.6% |
| Recurring financial income | 75 | €16,554 | €17,806 | +€1,253 | +7.6% |
| Financial charges | 65/66B | €9,027 | €6,504 | -€2,523 | -27.9% |
| Recurring financial charges | 65 | €9,027 | €6,504 | -€2,523 | -27.9% |
| Profit (loss) for the period before taxes | 9903 | €99,990 | €125,672 | +€25,682 | +25.7% |
| Transfer from deferred taxes | 780 | €1,836 | €1,836 | = | 0.0% |
| Income taxes | 67/77 | €23,600 | €29,334 | +€5,734 | +24.3% |
| Profit (loss) for the period | 9904 | €78,226 | €98,175 | +€19,948 | +25.5% |
| Transfer from tax-exempt reserves | 789 | €3,564 | €3,564 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €81,790 | €101,739 | +€19,948 | +24.4% |
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 24 October 2026 via checked.be.