LT Law: 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 Law
Largest movements
- Cash +€57,100
up €57,100 (+482%), from €11,846 to €68,946
mainly Net result for the year (+€42,260) and Other debts (+€11,487)
- Deferred charges and accrued income +€5,139
new in 2025: €5,139
- Receivables within one year +€2,194
up €2,194 (+10.9%), from €20,139 to €22,333
of which Trade receivables: +€2,168
- Tangible fixed assets -€2,113
down €2,113 (-42.3%), from €4,998 to €2,885
- Profit (loss) carried forward +€42,260
new in 2025: €42,260
- Other debts +€11,487
up €11,487 (+48.8%), from €23,531 to €35,018
- Tax, wage and social debts +€9,127
up €9,127 (+98.4%), from €9,276 to €18,403
- Gross operating margin +€42,119
up €42,119 (+227%), from €18,535 to €60,654
- Taxes +€12,201
up €12,201 (+315%), from €3,873 to €16,074
- Other operating charges -€755
down €755 (-93.2%), from €810 to €55
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 | €36,983 | €99,303 | +€62,319 | +169% |
| Fixed assets | 21/28 | €4,998 | €2,885 | -€2,113 | -42.3% |
| Tangible fixed assets | 22/27 | €4,998 | €2,885 | -€2,113 | -42.3% |
| Furniture and vehicles | 24 | €4,998 | €2,885 | -€2,113 | -42.3% |
| Current assets | 29/58 | €31,985 | €96,417 | +€64,432 | +201% |
| Amounts receivable within one year | 40/41 | €20,139 | €22,333 | +€2,194 | +10.9% |
| Trade receivables | 40 | €14,989 | €17,157 | +€2,168 | +14.5% |
| Other amounts receivable | 41 | €5,150 | €5,176 | +€26 | +0.5% |
| Cash at bank and in hand | 54/58 | €11,846 | €68,946 | +€57,100 | +482% |
| Deferred charges and accrued income | 490/1 | - | €5,139 | +€5,139 | |
| Total equity and liabilities | 10/49 | €36,983 | €99,303 | +€62,319 | +169% |
| Equity | 10/15 | €2,000 | €44,260 | +€42,260 | +2,113% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €42,260 | +€42,260 | |
| Amounts payable | 17/49 | €34,983 | €55,043 | +€20,060 | +57.3% |
| Amounts payable within one year | 42/48 | €34,983 | €55,043 | +€20,060 | +57.3% |
| Trade debts | 44 | €2,176 | €1,621 | -€555 | -25.5% |
| Suppliers | 440/4 | €2,176 | €1,621 | -€555 | -25.5% |
| Taxes, remuneration and social security | 45 | €9,276 | €18,403 | +€9,127 | +98.4% |
| Taxes | 450/3 | €9,276 | €18,403 | +€9,127 | +98.4% |
| Other amounts payable | 47/48 | €23,531 | €35,018 | +€11,487 | +48.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,059 | €2,113 | +€54 | +2.6% |
| Other operating charges | 640/8 | €810 | €55 | -€755 | -93.2% |
| Gross operating margin | 9900 | €18,535 | €60,654 | +€42,119 | +227% |
| Operating profit (loss) | 9901 | €15,666 | €58,487 | +€42,821 | +273% |
| Financial charges | 65/66B | €183 | €153 | -€30 | -16.2% |
| Recurring financial charges | 65 | €183 | €153 | -€30 | -16.2% |
| Profit (loss) for the period before taxes | 9903 | €15,483 | €58,334 | +€42,851 | +277% |
| Income taxes | 67/77 | €3,873 | €16,074 | +€12,201 | +315% |
| Profit (loss) for the period | 9904 | €11,610 | €42,260 | +€30,650 | +264% |
| Profit (loss) for the period to be appropriated | 9905 | €11,610 | €42,260 | +€30,650 | +264% |
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 18 October 2026 via checked.be.