LLT MANAGEMENT: 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.
LLT MANAGEMENT
Largest movements
- Receivables within one year +€39,204
up €39,204 (+2120.2%), from €1,849 to €41,053
of which Trade receivables: +€35,468
- Cash -€13,103
down €13,103 (-16.9%), from €77,381 to €64,278
mainly Receivables within one year (-€39,204) and Tax, wage and social debts (-€10,934)
- Tangible fixed assets +€3,962
up €3,962 (+137.4%), from €2,883 to €6,844
- Profit (loss) carried forward +€41,335
up €41,335, from -€0 to €41,335
- Tax, wage and social debts -€10,934
down €10,934 (-35.8%), from €30,534 to €19,600
- Gross operating margin +€30,813
up €30,813 (+105.5%), from €29,206 to €60,019
- Taxes +€5,059
up €5,059 (+57.0%), from €8,874 to €13,932
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 | €83,506 | €113,392 | +€29,887 | +35.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €2,883 | €6,844 | +€3,962 | +137.4% |
| Tangible fixed assets | 22/27 | €2,883 | €6,844 | +€3,962 | +137.4% |
| Furniture and vehicles | 24 | €2,883 | €6,844 | +€3,962 | +137.4% |
| Current assets | 29/58 | €80,623 | €106,548 | +€25,925 | +32.2% |
| Amounts receivable within one year | 40/41 | €1,849 | €41,053 | +€39,204 | +2120.2% |
| Trade receivables | 40 | €1,849 | €37,318 | +€35,468 | +1918.2% |
| Other amounts receivable | 41 | - | €3,736 | +€3,736 | |
| Cash at bank and in hand | 54/58 | €77,381 | €64,278 | -€13,103 | -16.9% |
| Deferred charges and accrued income | 490/1 | €1,393 | €1,216 | -€177 | -12.7% |
| Total equity and liabilities | 10/49 | €83,506 | €113,392 | +€29,887 | +35.8% |
| Equity | 10/15 | €51,816 | €93,151 | +€41,335 | +79.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €49,816 | €49,816 | = | 0.0% |
| Distributable reserves | 133 | €49,816 | €49,816 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€0 | €41,335 | +€41,335 | |
| Amounts payable | 17/49 | €31,689 | €20,241 | -€11,448 | -36.1% |
| Amounts payable within one year | 42/48 | €31,689 | €20,241 | -€11,448 | -36.1% |
| Trade debts | 44 | €792 | €641 | -€151 | -19.1% |
| Suppliers | 440/4 | €792 | €641 | -€151 | -19.1% |
| Taxes, remuneration and social security | 45 | €30,534 | €19,600 | -€10,934 | -35.8% |
| Taxes | 450/3 | €30,534 | €19,600 | -€10,934 | -35.8% |
| Other amounts payable | 47/48 | €364 | €0 | -€364 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,112 | €2,237 | +€125 | +5.9% |
| Other operating charges | 640/8 | €387 | €0 | -€387 | -100.0% |
| Gross operating margin | 9900 | €29,206 | €60,019 | +€30,813 | +105.5% |
| Operating profit (loss) | 9901 | €26,706 | €57,782 | +€31,076 | +116.4% |
| Financial income | 75/76B | €0 | €94 | +€94 | |
| Recurring financial income | 75 | €0 | €94 | +€94 | |
| Financial charges | 65/66B | €3,053 | €2,609 | -€444 | -14.5% |
| Recurring financial charges | 65 | €3,053 | €2,609 | -€444 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €23,653 | €55,267 | +€31,614 | +133.7% |
| Income taxes | 67/77 | €8,874 | €13,932 | +€5,059 | +57.0% |
| Profit (loss) for the period | 9904 | €14,780 | €41,335 | +€26,555 | +179.7% |
| Profit (loss) for the period to be appropriated | 9905 | €14,780 | €41,335 | +€26,555 | +179.7% |
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 5 October 2026 via checked.be.