LT Invest: what changed
What changed
LT Invest
NACE 68.121, Development of residential building projects
filed annual accounts (NBB)
Net result for the year
€18,947
2024 · €233+€18,715
Equity
€110,176
2024 · €91,229+€18,947
Cash
€8,198
2024 · €657+€7,540
Balance sheet total
€864,998
2024 · €1.4m-€495,054
Largest movements
Assets
- Receivables within one year -€573,676
down €573,676 (-90.8%), from €632,080 to €58,405
of which Trade receivables: -€570,626
- Stocks and contracts +€71,082
up €71,082 (+9.8%), from €727,314 to €798,395
Equity and liabilities
- Trade debts -€473,909
down €473,909 (-99.8%), from €475,021 to €1,112
- Other debts -€33,217
down €33,217 (-4.3%), from €777,022 to €743,806
- Profit (loss) carried forward +€18,947
up €18,947 (+84.2%), from -€22,500 to -€3,553
Income statement
- Gross operating margin +€20,304
up €20,304 (+106%), from €19,171 to €39,475
- Financial charges +€987
up €987 (+11.1%), from €8,873 to €9,861
- Financial income -€583
no longer reported in 2025 (was €583)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€233
Gross operating margin
+€20,304
Staff costs
-€17
Other operating charges
-€2
Financial income
-€583
Financial charges
-€987
Result 2025
€18,947
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€7,540
Investment
€0
Financing
€0
Cash 2024
€657
From operations (derived)
+€7,540
Net result for the year
+€18,947
Stocks and contracts
-€71,082
Receivables within one year
+€573,676
Trade debts
-€473,909
Tax, wage and social debts
-€7,768
Other debts
-€33,217
Accrued charges and deferred income
+€892
Cash 2025
€8,198
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,360,051 | €864,998 | -€495,054 | -36.4% |
| Current assets | 29/58 | €1,360,051 | €864,998 | -€495,054 | -36.4% |
| Stocks and contracts in progress | 3 | €727,314 | €798,395 | +€71,082 | +9.8% |
| Stocks | 30/36 | €727,314 | €798,395 | +€71,082 | +9.8% |
| Amounts receivable within one year | 40/41 | €632,080 | €58,405 | -€573,676 | -90.8% |
| Trade receivables | 40 | €626,440 | €55,815 | -€570,626 | -91.1% |
| Other amounts receivable | 41 | €5,640 | €2,590 | -€3,050 | -54.1% |
| Cash at bank and in hand | 54/58 | €657 | €8,198 | +€7,540 | +1,147% |
| Total equity and liabilities | 10/49 | €1,360,051 | €864,998 | -€495,054 | -36.4% |
| Equity | 10/15 | €91,229 | €110,176 | +€18,947 | +20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €95,129 | €95,129 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €93,269 | €93,269 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,500 | -€3,553 | +€18,947 | +84.2% |
| Amounts payable | 17/49 | €1,268,823 | €754,822 | -€514,001 | -40.5% |
| Amounts payable within one year | 42/48 | €1,261,155 | €746,262 | -€514,894 | -40.8% |
| Trade debts | 44 | €475,021 | €1,112 | -€473,909 | -99.8% |
| Suppliers | 440/4 | €475,021 | €1,112 | -€473,909 | -99.8% |
| Taxes, remuneration and social security | 45 | €9,112 | €1,344 | -€7,768 | -85.3% |
| Taxes | 450/3 | €8,435 | €995 | -€7,440 | -88.2% |
| Remuneration and social security | 454/9 | €677 | €349 | -€328 | -48.4% |
| Other amounts payable | 47/48 | €777,022 | €743,806 | -€33,217 | -4.3% |
| Accrued charges and deferred income | 492/3 | €7,668 | €8,560 | +€892 | +11.6% |
| Remuneration, social security and pensions | 62 | €10,576 | €10,593 | +€17 | +0.2% |
| Other operating charges | 640/8 | €71 | €73 | +€2 | +3.2% |
| Gross operating margin | 9900 | €19,171 | €39,475 | +€20,304 | +106% |
| Operating profit (loss) | 9901 | €8,523 | €28,808 | +€20,285 | +238% |
| Financial income | 75/76B | €583 | - | -€583 | |
| Recurring financial income | 75 | €583 | - | -€583 | |
| Financial charges | 65/66B | €8,873 | €9,861 | +€987 | +11.1% |
| Recurring financial charges | 65 | €8,873 | €9,861 | +€987 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | €233 | €18,947 | +€18,715 | +8,049% |
| Profit (loss) for the period | 9904 | €233 | €18,947 | +€18,715 | +8,049% |
| Profit (loss) for the period to be appropriated | 9905 | €233 | €18,947 | +€18,715 | +8,049% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.