LT onderhoudswerken: what changed
LT onderhoudswerken
Largest movements
- Tangible fixed assets +€37,526
up €37,526 (+107%), from €35,168 to €72,694
of which Furniture and vehicles: +€32,316
- Cash +€10,946
up €10,946 (+54.7%), from €20,013 to €30,960
mainly Debts after one year (+€23,047) and Depreciation (+€18,694)
- Deferred charges and accrued income +€2,305
new in 2025: €2,305
- Receivables within one year -€1,845
down €1,845 (-17.6%), from €10,479 to €8,634
of which Other amounts receivable: -€1,605
- Debts after one year +€23,047
up €23,047 (+277%), from €8,327 to €31,374
- Reserves +€13,945
up €13,945 (+42.5%), from €32,825 to €46,769
- Current portion of long-term debt +€9,140
up €9,140 (+155%), from €5,913 to €15,053
- Trade debts +€4,129
up €4,129 (+170%), from €2,426 to €6,555
- Tax, wage and social debts -€1,619
down €1,619 (-11.4%), from €14,147 to €12,528
- Depreciation +€10,176
up €10,176 (+119%), from €8,518 to €18,694
- Gross operating margin +€6,040
up €6,040 (+17.4%), from €34,743 to €40,782
- Taxes -€2,557
down €2,557 (-35.8%), from €7,139 to €4,582
- Financial charges +€1,663
up €1,663 (+144%), from €1,159 to €2,822
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,637 | €115,279 | +€48,642 | +73.0% |
| Formation expenses | 20 | €976 | €686 | -€290 | -29.7% |
| Fixed assets | 21/28 | €35,168 | €72,694 | +€37,526 | +107% |
| Tangible fixed assets | 22/27 | €35,168 | €72,694 | +€37,526 | +107% |
| Land and buildings | 22 | - | €2,927 | +€2,927 | |
| Plant, machinery and equipment | 23 | €16,994 | €19,277 | +€2,283 | +13.4% |
| Furniture and vehicles | 24 | €18,174 | €50,490 | +€32,316 | +178% |
| Current assets | 29/58 | €30,492 | €41,898 | +€11,406 | +37.4% |
| Amounts receivable within one year | 40/41 | €10,479 | €8,634 | -€1,845 | -17.6% |
| Trade receivables | 40 | €7,322 | €7,081 | -€241 | -3.3% |
| Other amounts receivable | 41 | €3,158 | €1,553 | -€1,605 | -50.8% |
| Cash at bank and in hand | 54/58 | €20,013 | €30,960 | +€10,946 | +54.7% |
| Deferred charges and accrued income | 490/1 | - | €2,305 | +€2,305 | |
| Total equity and liabilities | 10/49 | €66,637 | €115,279 | +€48,642 | +73.0% |
| Equity | 10/15 | €35,825 | €49,769 | +€13,945 | +38.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €32,825 | €46,769 | +€13,945 | +42.5% |
| Distributable reserves | 133 | €32,825 | €46,769 | +€13,945 | +42.5% |
| Amounts payable | 17/49 | €30,812 | €65,510 | +€34,697 | +113% |
| Amounts payable after more than one year | 17 | €8,327 | €31,374 | +€23,047 | +277% |
| Financial debts | 170/4 | €8,327 | €31,374 | +€23,047 | +277% |
| Amounts payable within one year | 42/48 | €22,486 | €34,136 | +€11,650 | +51.8% |
| Current portion of amounts payable after more than one year | 42 | €5,913 | €15,053 | +€9,140 | +155% |
| Trade debts | 44 | €2,426 | €6,555 | +€4,129 | +170% |
| Suppliers | 440/4 | €2,426 | €6,555 | +€4,129 | +170% |
| Taxes, remuneration and social security | 45 | €14,147 | €12,528 | -€1,619 | -11.4% |
| Taxes | 450/3 | €14,147 | €12,528 | -€1,619 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,518 | €18,694 | +€10,176 | +119% |
| Other operating charges | 640/8 | €670 | €810 | +€140 | +20.9% |
| Gross operating margin | 9900 | €34,743 | €40,782 | +€6,040 | +17.4% |
| Operating profit (loss) | 9901 | €25,555 | €21,278 | -€4,277 | -16.7% |
| Financial income | 75/76B | €15 | €71 | +€56 | +370% |
| Recurring financial income | 75 | €15 | €71 | +€56 | +370% |
| Financial charges | 65/66B | €1,159 | €2,822 | +€1,663 | +144% |
| Recurring financial charges | 65 | €1,159 | €2,822 | +€1,663 | +144% |
| Profit (loss) for the period before taxes | 9903 | €24,411 | €18,527 | -€5,884 | -24.1% |
| Income taxes | 67/77 | €7,139 | €4,582 | -€2,557 | -35.8% |
| Profit (loss) for the period | 9904 | €17,272 | €13,945 | -€3,327 | -19.3% |
| Profit (loss) for the period to be appropriated | 9905 | €17,272 | €13,945 | -€3,327 | -19.3% |
Next steps
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 7 November 2026 via checked.be.