LT-BEHEER: 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-BEHEER
Largest movements
- Receivables within one year +€29,412
up €29,412 (+50.7%), from €57,966 to €87,378
of which Other amounts receivable: +€39,912
- Tangible fixed assets -€8,741
down €8,741 (-7.3%), from €119,364 to €110,622
of which Land and buildings: -€8,623
- Cash -€6,243
down €6,243 (-99.3%), from €6,289 to €46
mainly Receivables within one year (-€29,412) and Advances received (-€12,705)
- Profit (loss) carried forward +€18,687
up €18,687, from -€14,906 to €3,781
- Advances received -€12,705
down €12,705 (-100.0%), from €12,705 to €0
- Trade debts +€7,217
up €7,217 (+427.8%), from €1,687 to €8,904
- Gross operating margin +€36,812
up €36,812, from -€3,912 to €32,901
- Taxes +€2,141
up €2,141 (+1233.1%), from €174 to €2,315
- Depreciation +€1,571
up €1,571 (+21.9%), from €7,171 to €8,741
- Financial charges +€1,055
up €1,055 (+501.9%), from €210 to €1,265
- Other operating charges +€471
up €471 (+33.1%), from €1,422 to €1,893
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 | €316,238 | €330,712 | +€14,474 | +4.6% |
| Fixed assets | 21/28 | €119,364 | €110,622 | -€8,741 | -7.3% |
| Tangible fixed assets | 22/27 | €119,364 | €110,622 | -€8,741 | -7.3% |
| Land and buildings | 22 | €118,634 | €110,011 | -€8,623 | -7.3% |
| Furniture and vehicles | 24 | €730 | €612 | -€118 | -16.2% |
| Current assets | 29/58 | €196,874 | €220,089 | +€23,215 | +11.8% |
| Amounts receivable within one year | 40/41 | €57,966 | €87,378 | +€29,412 | +50.7% |
| Trade receivables | 40 | €10,500 | €0 | -€10,500 | -100.0% |
| Other amounts receivable | 41 | €47,466 | €87,378 | +€39,912 | +84.1% |
| Current investments | 50/53 | €131,322 | €131,322 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €6,289 | €46 | -€6,243 | -99.3% |
| Deferred charges and accrued income | 490/1 | €1,298 | €1,344 | +€46 | +3.6% |
| Total equity and liabilities | 10/49 | €316,238 | €330,712 | +€14,474 | +4.6% |
| Equity | 10/15 | €227,594 | €246,281 | +€18,687 | +8.2% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | €167,500 | €167,500 | = | 0.0% |
| Distributable reserves | 133 | €167,500 | €167,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,906 | €3,781 | +€18,687 | |
| Amounts payable | 17/49 | €88,644 | €84,431 | -€4,213 | -4.8% |
| Amounts payable after more than one year | 17 | €50,000 | €50,000 | = | 0.0% |
| Financial debts | 170/4 | €50,000 | €50,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €38,644 | €34,081 | -€4,563 | -11.8% |
| Trade debts | 44 | €1,687 | €8,904 | +€7,217 | +427.8% |
| Suppliers | 440/4 | €1,687 | €8,904 | +€7,217 | +427.8% |
| Advances received on contracts in progress | 46 | €12,705 | €0 | -€12,705 | -100.0% |
| Taxes, remuneration and social security | 45 | €24,252 | €25,177 | +€925 | +3.8% |
| Taxes | 450/3 | €24,252 | €25,177 | +€925 | +3.8% |
| Accrued charges and deferred income | 492/3 | €0 | €350 | +€350 | |
| Non-recurring operating income | 76A | - | €2,528 | +€2,528 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,171 | €8,741 | +€1,571 | +21.9% |
| Other operating charges | 640/8 | €1,422 | €1,893 | +€471 | +33.1% |
| Gross operating margin | 9900 | -€3,912 | €32,901 | +€36,812 | |
| Operating profit (loss) | 9901 | -€12,505 | €22,266 | +€34,771 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -93.6% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -93.6% |
| Financial charges | 65/66B | €210 | €1,265 | +€1,055 | +501.9% |
| Recurring financial charges | 65 | €210 | €1,265 | +€1,055 | +501.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,714 | €21,002 | +€33,716 | |
| Income taxes | 67/77 | €174 | €2,315 | +€2,141 | +1233.1% |
| Profit (loss) for the period | 9904 | -€12,888 | €18,687 | +€31,575 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,888 | €18,687 | +€31,575 |
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 29 September 2026 via checked.be.