LT-Constructions: 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.
LT-Constructions
Largest movements
- Cash -€14,937
down €14,937 (-70.1%), from €21,311 to €6,374
mainly Debts after one year (-€14,911) and Receivables within one year (-€6,743)
- Tangible fixed assets -€12,496
down €12,496 (-17.5%), from €71,257 to €58,762
of which Furniture and vehicles: -€11,390
- Receivables within one year +€6,743
up €6,743 (+65.6%), from €10,282 to €17,025
of which Trade receivables: +€4,630
- Deferred charges and accrued income +€5,931
up €5,931 (+6439.8%), from €92 to €6,023
- Debts after one year -€14,911
down €14,911 (-37.8%), from €39,494 to €24,584
- Reserves +€4,111
up €4,111 (+12.9%), from €31,816 to €35,927
- Tax, wage and social debts -€3,651
down €3,651 (-100.0%), from €3,651 to €0
- Depreciation +€3,833
up €3,833 (+25.4%), from €15,068 to €18,901
- Gross operating margin -€1,397
down €1,397 (-4.8%), from €29,105 to €27,708
- Taxes -€343
down €343 (-16.9%), from €2,034 to €1,690
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 | €102,942 | €88,183 | -€14,759 | -14.3% |
| Fixed assets | 21/28 | €71,257 | €58,762 | -€12,496 | -17.5% |
| Tangible fixed assets | 22/27 | €71,257 | €58,762 | -€12,496 | -17.5% |
| Plant, machinery and equipment | 23 | €20,155 | €19,049 | -€1,106 | -5.5% |
| Furniture and vehicles | 24 | €51,102 | €39,713 | -€11,390 | -22.3% |
| Current assets | 29/58 | €31,685 | €29,422 | -€2,263 | -7.1% |
| Amounts receivable within one year | 40/41 | €10,282 | €17,025 | +€6,743 | +65.6% |
| Trade receivables | 40 | €9,391 | €14,022 | +€4,630 | +49.3% |
| Other amounts receivable | 41 | €890 | €3,003 | +€2,113 | +237.3% |
| Cash at bank and in hand | 54/58 | €21,311 | €6,374 | -€14,937 | -70.1% |
| Deferred charges and accrued income | 490/1 | €92 | €6,023 | +€5,931 | +6439.8% |
| Total equity and liabilities | 10/49 | €102,942 | €88,183 | -€14,759 | -14.3% |
| Equity | 10/15 | €36,816 | €40,927 | +€4,111 | +11.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €31,816 | €35,927 | +€4,111 | +12.9% |
| Distributable reserves | 133 | €31,816 | €35,927 | +€4,111 | +12.9% |
| Amounts payable | 17/49 | €66,126 | €47,256 | -€18,870 | -28.5% |
| Amounts payable after more than one year | 17 | €39,494 | €24,584 | -€14,911 | -37.8% |
| Financial debts | 170/4 | €39,494 | €24,584 | -€14,911 | -37.8% |
| Amounts payable within one year | 42/48 | €26,620 | €22,673 | -€3,947 | -14.8% |
| Current portion of amounts payable after more than one year | 42 | €14,288 | €14,911 | +€623 | +4.4% |
| Trade debts | 44 | €6,282 | €5,402 | -€880 | -14.0% |
| Suppliers | 440/4 | €6,282 | €5,402 | -€880 | -14.0% |
| Taxes, remuneration and social security | 45 | €3,651 | €0 | -€3,651 | -100.0% |
| Taxes | 450/3 | €3,651 | €0 | -€3,651 | -100.0% |
| Other amounts payable | 47/48 | €2,400 | €2,360 | -€40 | -1.7% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,068 | €18,901 | +€3,833 | +25.4% |
| Other operating charges | 640/8 | €688 | €885 | +€196 | +28.5% |
| Gross operating margin | 9900 | €29,105 | €27,708 | -€1,397 | -4.8% |
| Operating profit (loss) | 9901 | €13,349 | €7,923 | -€5,426 | -40.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -90.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -90.0% |
| Financial charges | 65/66B | €2,043 | €2,121 | +€78 | +3.8% |
| Recurring financial charges | 65 | €2,043 | €2,121 | +€78 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €11,307 | €5,802 | -€5,505 | -48.7% |
| Income taxes | 67/77 | €2,034 | €1,690 | -€343 | -16.9% |
| Profit (loss) for the period | 9904 | €9,273 | €4,111 | -€5,161 | -55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €9,273 | €4,111 | -€5,161 | -55.7% |
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 10 October 2026 via checked.be.