LT Developments: 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 Developments
Largest movements
- Receivables within one year -€261,581
down €261,581 (-97.6%), from €267,886 to €6,305
of which Other amounts receivable: -€226,681
- Profit (loss) carried forward -€238,398
down €238,398 (-36.1%), from -€659,992 to -€898,390
- Accrued charges and deferred income -€53,479
down €53,479 (-27.4%), from €195,116 to €141,636
- Tax, wage and social debts +€39,822
new in 2024: €39,822
- Trade debts +€29,633
up €29,633 (+50.4%), from €58,836 to €88,469
- Other debts -€27,835
down €27,835 (-1.2%), from €2.3m to €2.3m
- Financial charges +€88,905
up €88,905 (+167.5%), from €53,082 to €141,987
- Financial income +€45,355
up €45,355 (+494.1%), from €9,180 to €54,535
- Gross operating margin -€12,210
down €12,210 (-9.6%), from -€127,176 to -€139,386
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,009,991 | €1,759,733 | -€250,258 | -12.5% |
| Current assets | 29/58 | €2,009,991 | €1,759,733 | -€250,258 | -12.5% |
| Stocks and contracts in progress | 3 | €1,740,600 | €1,740,600 | = | 0.0% |
| Stocks | 30/36 | €1,740,600 | €1,740,600 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €267,886 | €6,305 | -€261,581 | -97.6% |
| Trade receivables | 40 | €34,900 | €0 | -€34,900 | -100.0% |
| Other amounts receivable | 41 | €232,986 | €6,305 | -€226,681 | -97.3% |
| Cash at bank and in hand | 54/58 | €1,505 | €12,436 | +€10,931 | +726.5% |
| Deferred charges and accrued income | 490/1 | - | €392 | +€392 | |
| Total equity and liabilities | 10/49 | €2,009,991 | €1,759,733 | -€250,258 | -12.5% |
| Equity | 10/15 | -€559,992 | -€798,390 | -€238,398 | -42.6% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€659,992 | -€898,390 | -€238,398 | -36.1% |
| Amounts payable | 17/49 | €2,569,983 | €2,558,123 | -€11,860 | -0.5% |
| Amounts payable within one year | 42/48 | €2,374,867 | €2,416,486 | +€41,619 | +1.8% |
| Trade debts | 44 | €58,836 | €88,469 | +€29,633 | +50.4% |
| Suppliers | 440/4 | €58,836 | €88,469 | +€29,633 | +50.4% |
| Taxes, remuneration and social security | 45 | - | €39,822 | +€39,822 | |
| Taxes | 450/3 | - | €39,822 | +€39,822 | |
| Other amounts payable | 47/48 | €2,316,031 | €2,288,195 | -€27,835 | -1.2% |
| Accrued charges and deferred income | 492/3 | €195,116 | €141,636 | -€53,479 | -27.4% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Other operating charges | 640/8 | €10,723 | €11,560 | +€837 | +7.8% |
| Gross operating margin | 9900 | -€127,176 | -€139,386 | -€12,210 | -9.6% |
| Operating profit (loss) | 9901 | -€137,899 | -€150,946 | -€13,047 | -9.5% |
| Financial income | 75/76B | €9,180 | €54,535 | +€45,355 | +494.1% |
| Recurring financial income | 75 | €9,180 | €54,535 | +€45,355 | +494.1% |
| Financial charges | 65/66B | €53,082 | €141,987 | +€88,905 | +167.5% |
| Recurring financial charges | 65 | €53,082 | €141,987 | +€88,905 | +167.5% |
| Profit (loss) for the period before taxes | 9903 | -€181,801 | -€238,398 | -€56,597 | -31.1% |
| Profit (loss) for the period | 9904 | -€181,801 | -€238,398 | -€56,597 | -31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€181,801 | -€238,398 | -€56,597 | -31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.