LT Advies: 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.
LT Advies
Largest movements
- Cash +€387,783
up €387,783 (+633.7%), from €61,194 to €448,976
mainly Net result for the year (+€368,407) and Receivables within one year (+€252,513)
- Receivables within one year -€252,513
down €252,513 (-72.5%), from €348,291 to €95,778
of which Other amounts receivable: -€299,891
- Tangible fixed assets +€85,160
up €85,160 (+324.1%), from €26,278 to €111,438
of which Furniture and vehicles: +€85,615
- Other debts +€203,475
up €203,475 (+115.9%), from €175,507 to €378,982
- Tax, wage and social debts +€19,568
up €19,568 (+36.9%), from €53,018 to €72,586
- Gross operating margin +€215,392
up €215,392 (+74.7%), from €288,460 to €503,853
- Taxes +€34,248
up €34,248 (+40.5%), from €84,495 to €118,743
- Depreciation +€6,694
up €6,694 (+75.0%), from €8,924 to €15,618
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 | €435,762 | €656,989 | +€221,227 | +50.8% |
| Fixed assets | 21/28 | €26,278 | €111,438 | +€85,160 | +324.1% |
| Tangible fixed assets | 22/27 | €26,278 | €111,438 | +€85,160 | +324.1% |
| Plant, machinery and equipment | 23 | €455 | €0 | -€455 | -100.0% |
| Furniture and vehicles | 24 | €25,823 | €111,438 | +€85,615 | +331.5% |
| Current assets | 29/58 | €409,484 | €545,552 | +€136,067 | +33.2% |
| Amounts receivable within one year | 40/41 | €348,291 | €95,778 | -€252,513 | -72.5% |
| Trade receivables | 40 | €48,400 | €95,778 | +€47,378 | +97.9% |
| Other amounts receivable | 41 | €299,891 | €0 | -€299,891 | -100.0% |
| Cash at bank and in hand | 54/58 | €61,194 | €448,976 | +€387,783 | +633.7% |
| Deferred charges and accrued income | 490/1 | - | €798 | +€798 | |
| Total equity and liabilities | 10/49 | €435,762 | €656,989 | +€221,227 | +50.8% |
| Equity | 10/15 | €204,177 | €204,177 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €194,177 | €194,177 | = | 0.0% |
| Distributable reserves | 133 | €194,177 | €194,177 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €231,585 | €452,812 | +€221,227 | +95.5% |
| Amounts payable within one year | 42/48 | €231,585 | €452,812 | +€221,227 | +95.5% |
| Trade debts | 44 | €3,060 | €1,244 | -€1,816 | -59.4% |
| Suppliers | 440/4 | €3,060 | €1,244 | -€1,816 | -59.4% |
| Taxes, remuneration and social security | 45 | €53,018 | €72,586 | +€19,568 | +36.9% |
| Taxes | 450/3 | €53,018 | €72,586 | +€19,568 | +36.9% |
| Other amounts payable | 47/48 | €175,507 | €378,982 | +€203,475 | +115.9% |
| Non-recurring operating income | 76A | - | €460 | +€460 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €15,618 | +€6,694 | +75.0% |
| Other operating charges | 640/8 | €791 | €1,040 | +€249 | +31.4% |
| Gross operating margin | 9900 | €288,460 | €503,853 | +€215,392 | +74.7% |
| Operating profit (loss) | 9901 | €278,745 | €487,195 | +€208,450 | +74.8% |
| Financial charges | 65/66B | €74 | €45 | -€29 | -39.0% |
| Recurring financial charges | 65 | €74 | €45 | -€29 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €278,672 | €487,150 | +€208,479 | +74.8% |
| Income taxes | 67/77 | €84,495 | €118,743 | +€34,248 | +40.5% |
| Profit (loss) for the period | 9904 | €194,177 | €368,407 | +€174,230 | +89.7% |
| Profit (loss) for the period to be appropriated | 9905 | €194,177 | €368,407 | +€174,230 | +89.7% |
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 8 October 2026 via checked.be.