LTC Automation: 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.
LTC Automation
Largest movements
- Tangible fixed assets +€20,061
up €20,061 (+21.9%), from €91,496 to €111,558
of which Land and buildings: +€20,674
- Cash +€12,667
up €12,667 (+38.2%), from €33,147 to €45,813
mainly Debts after one year (+€11,265) and Net result for the year (+€10,249)
- Receivables within one year -€7,470
down €7,470 (-58.8%), from €12,699 to €5,229
of which Trade receivables: -€4,219
- Debts after one year +€11,265
up €11,265 (+15.7%), from €71,582 to €82,847
- Profit (loss) carried forward +€10,249
up €10,249 (+41.5%), from €24,685 to €34,934
- Tax, wage and social debts +€3,724
up €3,724 (+45.7%), from €8,143 to €11,867
of which Remuneration and social security: +€2,200
- Gross operating margin -€4,542
down €4,542 (-15.2%), from €29,914 to €25,373
- Financial charges +€2,759
up €2,759 (+150%), from €1,836 to €4,595
- Depreciation +€2,387
up €2,387 (+75.7%), from €3,155 to €5,541
- Taxes -€1,095
down €1,095 (-24.3%), from €4,512 to €3,416
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 | €139,698 | €165,012 | +€25,314 | +18.1% |
| Fixed assets | 21/28 | €91,496 | €111,558 | +€20,061 | +21.9% |
| Tangible fixed assets | 22/27 | €91,496 | €111,558 | +€20,061 | +21.9% |
| Land and buildings | 22 | €88,444 | €109,118 | +€20,674 | +23.4% |
| Furniture and vehicles | 24 | €3,052 | €2,440 | -€612 | -20.1% |
| Current assets | 29/58 | €48,201 | €53,454 | +€5,253 | +10.9% |
| Amounts receivable within one year | 40/41 | €12,699 | €5,229 | -€7,470 | -58.8% |
| Trade receivables | 40 | €8,865 | €4,646 | -€4,219 | -47.6% |
| Other amounts receivable | 41 | €3,834 | €584 | -€3,251 | -84.8% |
| Cash at bank and in hand | 54/58 | €33,147 | €45,813 | +€12,667 | +38.2% |
| Deferred charges and accrued income | 490/1 | €2,356 | €2,411 | +€56 | +2.4% |
| Total equity and liabilities | 10/49 | €139,698 | €165,012 | +€25,314 | +18.1% |
| Equity | 10/15 | €44,685 | €54,934 | +€10,249 | +22.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,685 | €34,934 | +€10,249 | +41.5% |
| Amounts payable | 17/49 | €95,012 | €110,077 | +€15,065 | +15.9% |
| Amounts payable after more than one year | 17 | €71,582 | €82,847 | +€11,265 | +15.7% |
| Financial debts | 170/4 | €71,582 | €82,847 | +€11,265 | +15.7% |
| Amounts payable within one year | 42/48 | €23,386 | €27,186 | +€3,800 | +16.2% |
| Current portion of amounts payable after more than one year | 42 | €8,418 | €8,735 | +€318 | +3.8% |
| Trade debts | 44 | €6,826 | €6,584 | -€242 | -3.5% |
| Suppliers | 440/4 | €6,826 | €6,584 | -€242 | -3.5% |
| Taxes, remuneration and social security | 45 | €8,143 | €11,867 | +€3,724 | +45.7% |
| Taxes | 450/3 | €8,143 | €9,667 | +€1,524 | +18.7% |
| Remuneration and social security | 454/9 | - | €2,200 | +€2,200 | |
| Accrued charges and deferred income | 492/3 | €44 | €45 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,155 | €5,541 | +€2,387 | +75.7% |
| Other operating charges | 640/8 | €1,417 | €1,571 | +€153 | +10.8% |
| Gross operating margin | 9900 | €29,914 | €25,373 | -€4,542 | -15.2% |
| Operating profit (loss) | 9901 | €25,342 | €18,261 | -€7,082 | -27.9% |
| Financial income | 75/76B | €195 | - | -€195 | |
| Recurring financial income | 75 | €195 | - | -€195 | |
| Financial charges | 65/66B | €1,836 | €4,595 | +€2,759 | +150% |
| Recurring financial charges | 65 | €1,836 | €4,595 | +€2,759 | +150% |
| Profit (loss) for the period before taxes | 9903 | €23,701 | €13,665 | -€10,036 | -42.3% |
| Income taxes | 67/77 | €4,512 | €3,416 | -€1,095 | -24.3% |
| Profit (loss) for the period | 9904 | €19,190 | €10,249 | -€8,941 | -46.6% |
| Profit (loss) for the period to be appropriated | 9905 | €19,190 | €10,249 | -€8,941 | -46.6% |
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.