LT Holding: 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 Holding
Largest movements
- Receivables within one year -€243,577
down €243,577 (-9.3%), from €2.6m to €2.4m
- Profit (loss) carried forward -€286,294
down €286,294 (-14.5%), from -€2.0m to -€2.3m
- Financial charges -€257,677
down €257,677 (-99.0%), from €260,238 to €2,561
- Gross operating margin -€65,422
down €65,422 (-37.1%), from -€176,294 to -€241,716
- Depreciation -€13,715
down €13,715 (-62.9%), from €21,789 to €8,074
- Staff costs +€5,201
up €5,201 (+19.6%), from €26,478 to €31,679
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.
Derived cash bridge
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 | €6,368,237 | €6,120,563 | -€247,674 | -3.9% |
| Fixed assets | 21/28 | €3,756,833 | €3,750,858 | -€5,975 | -0.2% |
| Tangible fixed assets | 22/27 | €1,009,620 | €1,003,645 | -€5,975 | -0.6% |
| Furniture and vehicles | 24 | €972,079 | €970,914 | -€1,165 | -0.1% |
| Other tangible fixed assets | 26 | €37,540 | €32,730 | -€4,810 | -12.8% |
| Financial fixed assets | 28 | €2,747,214 | €2,747,214 | = | 0.0% |
| Current assets | 29/58 | €2,611,404 | €2,369,705 | -€241,699 | -9.3% |
| Amounts receivable within one year | 40/41 | €2,610,588 | €2,367,010 | -€243,577 | -9.3% |
| Other amounts receivable | 41 | €2,610,588 | €2,367,010 | -€243,577 | -9.3% |
| Cash at bank and in hand | 54/58 | €686 | €2,694 | +€2,009 | +293% |
| Deferred charges and accrued income | 490/1 | €130 | - | -€130 | |
| Total equity and liabilities | 10/49 | €6,368,237 | €6,120,563 | -€247,674 | -3.9% |
| Equity | 10/15 | -€1,874,538 | -€2,160,832 | -€286,294 | -15.3% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,974,538 | -€2,260,832 | -€286,294 | -14.5% |
| Amounts payable | 17/49 | €8,242,775 | €8,281,395 | +€38,620 | +0.5% |
| Amounts payable within one year | 42/48 | €8,242,775 | €8,281,395 | +€38,620 | +0.5% |
| Trade debts | 44 | €11,839 | €25,045 | +€13,206 | +112% |
| Suppliers | 440/4 | €11,839 | €25,045 | +€13,206 | +112% |
| Taxes, remuneration and social security | 45 | €22,451 | €11,676 | -€10,774 | -48.0% |
| Taxes | 450/3 | €19,070 | €3,227 | -€15,843 | -83.1% |
| Remuneration and social security | 454/9 | €3,381 | €8,450 | +€5,069 | +150% |
| Other amounts payable | 47/48 | €8,208,485 | €8,244,673 | +€36,188 | +0.4% |
| Remuneration, social security and pensions | 62 | €26,478 | €31,679 | +€5,201 | +19.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,789 | €8,074 | -€13,715 | -62.9% |
| Other operating charges | 640/8 | €2,765 | €1,556 | -€1,209 | -43.7% |
| Gross operating margin | 9900 | -€176,294 | -€241,716 | -€65,422 | -37.1% |
| Operating profit (loss) | 9901 | -€227,326 | -€283,025 | -€55,700 | -24.5% |
| Financial income | 75/76B | €166 | - | -€166 | |
| Recurring financial income | 75 | €166 | - | -€166 | |
| Financial charges | 65/66B | €260,238 | €2,561 | -€257,677 | -99.0% |
| Recurring financial charges | 65 | €260,238 | €2,561 | -€257,677 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€487,398 | -€285,587 | +€201,811 | +41.4% |
| Income taxes | 67/77 | €770 | €707 | -€63 | -8.2% |
| Profit (loss) for the period | 9904 | -€488,168 | -€286,294 | +€201,874 | +41.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€488,168 | -€286,294 | +€201,874 | +41.4% |
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 26 October 2026 via checked.be.