LT CONSTRUCTIV': 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 CONSTRUCTIV'
Largest movements
- Tangible fixed assets -€7,109
down €7,109 (-18.7%), from €37,959 to €30,850
of which Furniture and vehicles: -€7,077
- Cash -€5,468
down €5,468 (-99.9%), from €5,472 to €4
mainly Other debts (-€10,409) and Debts after one year (-€10,234)
- Intangible fixed assets -€4,400
down €4,400 (-33.3%), from €13,200 to €8,800
- Stocks and contracts +€1,546
new in 2025: €1,546
- Other debts -€10,409
down €10,409 (-34.1%), from €30,565 to €20,156
- Debts after one year -€10,234
down €10,234 (-86.4%), from €11,847 to €1,613
- Trade debts +€3,663
up €3,663 (+177.7%), from €2,061 to €5,724
- Current portion of long-term debt +€1,155
up €1,155 (+12.7%), from €9,082 to €10,237
- Turnover -€34,868
down €34,868 (-29.2%), from €119,402 to €84,534
- Purchases and services -€22,770
down €22,770 (-25.3%), from €89,902 to €67,132
- Staff costs -€12,488
no longer reported in 2025 (was €12,488)
- Gross operating margin -€12,098
down €12,098 (-41.0%), from €29,500 to €17,402
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 | €61,397 | €45,654 | -€15,743 | -25.6% |
| Fixed assets | 21/28 | €51,751 | €39,877 | -€11,874 | -22.9% |
| Intangible fixed assets | 21 | €13,200 | €8,800 | -€4,400 | -33.3% |
| Tangible fixed assets | 22/27 | €37,959 | €30,850 | -€7,109 | -18.7% |
| Land and buildings | 22 | €8,000 | €7,000 | -€1,000 | -12.5% |
| Plant, machinery and equipment | 23 | €6,367 | €7,335 | +€968 | +15.2% |
| Furniture and vehicles | 24 | €23,592 | €16,515 | -€7,077 | -30.0% |
| Financial fixed assets | 28 | €592 | €227 | -€365 | -61.7% |
| Current assets | 29/58 | €9,646 | €5,777 | -€3,869 | -40.1% |
| Stocks and contracts in progress | 3 | - | €1,546 | +€1,546 | |
| Contracts in progress | 37 | - | €1,546 | +€1,546 | |
| Amounts receivable within one year | 40/41 | €4,174 | €4,227 | +€53 | +1.3% |
| Trade receivables | 40 | €1,472 | €2,540 | +€1,068 | +72.6% |
| Other amounts receivable | 41 | €2,702 | €1,687 | -€1,015 | -37.6% |
| Cash at bank and in hand | 54/58 | €5,472 | €4 | -€5,468 | -99.9% |
| Total equity and liabilities | 10/49 | €61,397 | €45,654 | -€15,743 | -25.6% |
| Equity | 10/15 | €7,662 | €7,800 | +€138 | +1.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,662 | €4,800 | +€138 | +3.0% |
| Amounts payable | 17/49 | €53,735 | €37,854 | -€15,881 | -29.6% |
| Amounts payable after more than one year | 17 | €11,847 | €1,613 | -€10,234 | -86.4% |
| Financial debts | 170/4 | €11,847 | €1,613 | -€10,234 | -86.4% |
| Amounts payable within one year | 42/48 | €41,888 | €36,241 | -€5,647 | -13.5% |
| Current portion of amounts payable after more than one year | 42 | €9,082 | €10,237 | +€1,155 | +12.7% |
| Trade debts | 44 | €2,061 | €5,724 | +€3,663 | +177.7% |
| Suppliers | 440/4 | €2,061 | €5,724 | +€3,663 | +177.7% |
| Taxes, remuneration and social security | 45 | €180 | €124 | -€56 | -31.1% |
| Taxes | 450/3 | €180 | €124 | -€56 | -31.1% |
| Other amounts payable | 47/48 | €30,565 | €20,156 | -€10,409 | -34.1% |
| Turnover | 70 | €119,402 | €84,534 | -€34,868 | -29.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €89,902 | €67,132 | -€22,770 | -25.3% |
| Remuneration, social security and pensions | 62 | €12,488 | - | -€12,488 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,986 | €15,619 | +€633 | +4.2% |
| Other operating charges | 640/8 | €304 | €247 | -€57 | -18.8% |
| Non-recurring operating charges | 66A | €288 | €174 | -€114 | -39.6% |
| Gross operating margin | 9900 | €29,500 | €17,402 | -€12,098 | -41.0% |
| Operating profit (loss) | 9901 | €1,434 | €1,362 | -€72 | -5.0% |
| Financial income | 75/76B | - | €101 | +€101 | |
| Recurring financial income | 75 | - | €101 | +€101 | |
| Financial charges | 65/66B | €1,167 | €1,325 | +€158 | +13.5% |
| Recurring financial charges | 65 | €1,167 | €1,325 | +€158 | +13.5% |
| Profit (loss) for the period before taxes | 9903 | €267 | €138 | -€129 | -48.3% |
| Income taxes | 67/77 | €180 | - | -€180 | |
| Profit (loss) for the period | 9904 | €87 | €138 | +€51 | +58.6% |
| Profit (loss) for the period to be appropriated | 9905 | €87 | €138 | +€51 | +58.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.