LITTORALE: what changed
What changed
LITTORALE
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
-€231,078
2024 · €50,156-€281,234
Equity
€643,090
2024 · €874,168-€231,078
Cash
-
2024 · €6-€6
Balance sheet total
€9.2m
2024 · €8.6m+€686,430
Largest movements
Assets
- Tangible fixed assets +€680,156
up €680,156 (+8.1%), from €8.4m to €9.0m
Equity and liabilities
- Trade debts +€1.1m
up €1.1m (+1,911%), from €60,007 to €1.2m
- Debts after one year -€504,297
down €504,297 (-8.2%), from €6.2m to €5.7m
- Reserves -€228,156
no longer reported in 2025 (was €228,156)
of which Distributable reserves: -€216,270
- Short-term financial debts +€123,051
up €123,051 (+2,418%), from €5,088 to €128,139
- Other debts +€102,021
up €102,021 (+10.6%), from €964,736 to €1.1m
Income statement
- Gross operating margin -€164,188
down €164,188 (-24.3%), from €676,807 to €512,619
- Depreciation +€86,128
up €86,128 (+22.0%), from €391,619 to €477,747
- Financial charges +€27,403
up €27,403 (+12.7%), from €215,905 to €243,308
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€50,156
Gross operating margin
-€164,188
Depreciation
-€86,128
Other operating charges
-€3,515
Financial charges
-€27,403
Result 2025
-€231,078
lowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.5m
Investment
-€1.2m
Financing
-€376,438
Cash 2024
€6
From operations (derived)
+€1.5m
Net result for the year
-€231,078
Depreciation
+€477,747
Receivables within one year
+€8,013
Deferred charges and accrued income
-€14,293
Trade debts
+€1.1m
Tax, wage and social debts
+€13,979
Other debts
+€102,021
Accrued charges and deferred income
+€31,072
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€1.2m
Financing
-€376,438
Debts after one year
-€504,297
Current portion of long-term debt
+€4,808
Short-term financial debts
+€123,051
Cash 2025
€0
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,560,986 | €9,247,416 | +€686,430 | +8.0% |
| Fixed assets | 21/28 | €8,358,814 | €9,038,970 | +€680,156 | +8.1% |
| Tangible fixed assets | 22/27 | €8,358,814 | €9,038,970 | +€680,156 | +8.1% |
| Land and buildings | 22 | €8,358,814 | €9,038,970 | +€680,156 | +8.1% |
| Current assets | 29/58 | €202,172 | €208,446 | +€6,274 | +3.1% |
| Amounts receivable within one year | 40/41 | €143,311 | €135,298 | -€8,013 | -5.6% |
| Trade receivables | 40 | €54,248 | €29,177 | -€25,071 | -46.2% |
| Other amounts receivable | 41 | €89,063 | €106,121 | +€17,058 | +19.2% |
| Cash at bank and in hand | 54/58 | €6 | - | -€6 | |
| Deferred charges and accrued income | 490/1 | €58,855 | €73,148 | +€14,293 | +24.3% |
| Total equity and liabilities | 10/49 | €8,560,986 | €9,247,416 | +€686,430 | +8.0% |
| Equity | 10/15 | €874,168 | €643,090 | -€231,078 | -26.4% |
| Contributions | 10/11 | €646,012 | €646,012 | = | 0.0% |
| Reserves | 13 | €228,156 | - | -€228,156 | |
| Non-distributable reserves | 130/1 | €11,886 | - | -€11,886 | |
| Reserves not available under the articles | 1311 | €11,886 | - | -€11,886 | |
| Distributable reserves | 133 | €216,270 | - | -€216,270 | |
| Profit (loss) carried forward | 14 | - | -€2,922 | -€2,922 | |
| Amounts payable | 17/49 | €7,686,818 | €8,604,326 | +€917,508 | +11.9% |
| Amounts payable after more than one year | 17 | €6,171,846 | €5,667,549 | -€504,297 | -8.2% |
| Financial debts | 170/4 | €6,171,846 | €5,667,549 | -€504,297 | -8.2% |
| Amounts payable within one year | 42/48 | €1,512,105 | €2,902,838 | +€1.4m | +92.0% |
| Current portion of amounts payable after more than one year | 42 | €482,274 | €487,082 | +€4,808 | +1.0% |
| Financial debts | 43 | €5,088 | €128,139 | +€123,051 | +2,418% |
| Credit institutions | 430/8 | €5,088 | €128,139 | +€123,051 | +2,418% |
| Trade debts | 44 | €60,007 | €1,206,881 | +€1.1m | +1,911% |
| Suppliers | 440/4 | €60,007 | €1,206,881 | +€1.1m | +1,911% |
| Taxes, remuneration and social security | 45 | - | €13,979 | +€13,979 | |
| Taxes | 450/3 | - | €13,979 | +€13,979 | |
| Other amounts payable | 47/48 | €964,736 | €1,066,757 | +€102,021 | +10.6% |
| Accrued charges and deferred income | 492/3 | €2,867 | €33,939 | +€31,072 | +1,084% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €391,619 | €477,747 | +€86,128 | +22.0% |
| Other operating charges | 640/8 | €19,127 | €22,642 | +€3,515 | +18.4% |
| Gross operating margin | 9900 | €676,807 | €512,619 | -€164,188 | -24.3% |
| Operating profit (loss) | 9901 | €266,061 | €12,230 | -€253,831 | -95.4% |
| Financial charges | 65/66B | €215,905 | €243,308 | +€27,403 | +12.7% |
| Recurring financial charges | 65 | €215,905 | €243,308 | +€27,403 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €50,156 | -€231,078 | -€281,234 | |
| Profit (loss) for the period | 9904 | €50,156 | -€231,078 | -€281,234 | |
| Profit (loss) for the period to be appropriated | 9905 | €50,156 | -€231,078 | -€281,234 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.