LT&S: what changed
Two fiscal 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&S
Largest movements
- Cash +€21,438
up €21,438 (+132.2%), from €16,210 to €37,648
mainly Receivables within one year (+€10,467) and Net result for the year (+€8,227)
- Receivables within one year -€10,467
down €10,467 (-43.5%), from €24,085 to €13,618
of which Trade receivables: -€9,574
- Deferred charges and accrued income +€597
new in 2025: €597
- Profit (loss) carried forward +€8,227
up €8,227 (+53.3%), from -€15,428 to -€7,201
- Other debts +€3,303
up €3,303 (+9.3%), from €35,429 to €38,732
- Tax, wage and social debts +€1,712
new in 2025: €1,712
- Trade debts -€1,675
down €1,675 (-100.0%), from €1,675 to €0
- Gross operating margin +€10,187
up €10,187, from -€1,114 to €9,073
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.
Cash bridge derived
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 | €40,296 | €51,864 | +€11,568 | +28.7% |
| Current assets | 29/58 | €40,296 | €51,864 | +€11,568 | +28.7% |
| Amounts receivable within one year | 40/41 | €24,085 | €13,618 | -€10,467 | -43.5% |
| Trade receivables | 40 | €23,192 | €13,618 | -€9,574 | -41.3% |
| Other amounts receivable | 41 | €894 | €0 | -€894 | -100.0% |
| Cash at bank and in hand | 54/58 | €16,210 | €37,648 | +€21,438 | +132.2% |
| Deferred charges and accrued income | 490/1 | - | €597 | +€597 | |
| Total equity and liabilities | 10/49 | €40,296 | €51,864 | +€11,568 | +28.7% |
| Equity | 10/15 | €3,192 | €11,419 | +€8,227 | +257.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20 | €20 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20 | €20 | = | 0.0% |
| Reserves not available under the articles | 1311 | €20 | €20 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,428 | -€7,201 | +€8,227 | +53.3% |
| Amounts payable | 17/49 | €37,104 | €40,445 | +€3,341 | +9.0% |
| Amounts payable within one year | 42/48 | €37,104 | €40,445 | +€3,341 | +9.0% |
| Trade debts | 44 | €1,675 | €0 | -€1,675 | -100.0% |
| Suppliers | 440/4 | €1,675 | €0 | -€1,675 | -100.0% |
| Taxes, remuneration and social security | 45 | - | €1,712 | +€1,712 | |
| Taxes | 450/3 | - | €1,712 | +€1,712 | |
| Other amounts payable | 47/48 | €35,429 | €38,732 | +€3,303 | +9.3% |
| Other operating charges | 640/8 | €686 | €705 | +€20 | +2.9% |
| Gross operating margin | 9900 | -€1,114 | €9,073 | +€10,187 | |
| Operating profit (loss) | 9901 | -€1,800 | €8,368 | +€10,167 | |
| Financial income | 75/76B | €0 | €10 | +€10 | +24100.0% |
| Recurring financial income | 75 | €0 | €10 | +€10 | +24100.0% |
| Financial charges | 65/66B | €198 | €151 | -€47 | -24.0% |
| Recurring financial charges | 65 | €198 | €151 | -€47 | -24.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,998 | €8,227 | +€10,224 | |
| Profit (loss) for the period | 9904 | -€1,998 | €8,227 | +€10,224 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,998 | €8,227 | +€10,224 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.