LTE INTERNATIONAL: what changed
LTE INTERNATIONAL
Largest movements
- Tangible fixed assets -€36,027
down €36,027 (-7.8%), from €460,457 to €424,430
of which Land and buildings: -€34,498
- Receivables within one year -€24,218
down €24,218 (-84.3%), from €28,733 to €4,514
of which Trade receivables: -€18,000
- Cash -€24,178
down €24,178 (-30.3%), from €79,891 to €55,714
mainly Net result for the year (-€49,835) and Trade debts (-€22,616)
- Reserves -€49,835
down €49,835 (-14.1%), from €353,389 to €303,554
- Trade debts -€22,616
down €22,616 (-99.2%), from €22,805 to €188
- Tax, wage and social debts -€8,266
no longer reported in 2025 (was €8,266)
- Gross operating margin -€21,799
down €21,799, from €10,716 to -€11,083
- Write-downs +€6,600
no longer reported in 2025 (was -€6,600)
- Financial charges -€6,358
down €6,358 (-97.3%), from €6,534 to €176
- Other operating charges +€634
up €634 (+33.1%), from €1,915 to €2,550
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 | €569,444 | €485,021 | -€84,423 | -14.8% |
| Fixed assets | 21/28 | €460,820 | €424,793 | -€36,027 | -7.8% |
| Tangible fixed assets | 22/27 | €460,457 | €424,430 | -€36,027 | -7.8% |
| Land and buildings | 22 | €455,989 | €421,491 | -€34,498 | -7.6% |
| Furniture and vehicles | 24 | €4,468 | €2,939 | -€1,529 | -34.2% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €108,624 | €60,228 | -€48,396 | -44.6% |
| Amounts receivable within one year | 40/41 | €28,733 | €4,514 | -€24,218 | -84.3% |
| Trade receivables | 40 | €22,158 | €4,158 | -€18,000 | -81.2% |
| Other amounts receivable | 41 | €6,575 | €356 | -€6,218 | -94.6% |
| Cash at bank and in hand | 54/58 | €79,891 | €55,714 | -€24,178 | -30.3% |
| Total equity and liabilities | 10/49 | €569,444 | €485,021 | -€84,423 | -14.8% |
| Equity | 10/15 | €378,389 | €328,554 | -€49,835 | -13.2% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €353,389 | €303,554 | -€49,835 | -14.1% |
| Distributable reserves | 133 | €353,389 | €303,554 | -€49,835 | -14.1% |
| Amounts payable | 17/49 | €191,055 | €156,467 | -€34,588 | -18.1% |
| Amounts payable within one year | 42/48 | €191,055 | €156,467 | -€34,588 | -18.1% |
| Trade debts | 44 | €22,805 | €188 | -€22,616 | -99.2% |
| Suppliers | 440/4 | €22,805 | €188 | -€22,616 | -99.2% |
| Taxes, remuneration and social security | 45 | €8,266 | - | -€8,266 | |
| Taxes | 450/3 | €8,266 | - | -€8,266 | |
| Other amounts payable | 47/48 | €159,984 | €156,279 | -€3,705 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,991 | €36,027 | +€36 | +0.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€6,600 | - | +€6,600 | |
| Other operating charges | 640/8 | €1,915 | €2,550 | +€634 | +33.1% |
| Gross operating margin | 9900 | €10,716 | -€11,083 | -€21,799 | |
| Operating profit (loss) | 9901 | -€20,591 | -€49,659 | -€29,069 | -141% |
| Financial charges | 65/66B | €6,534 | €176 | -€6,358 | -97.3% |
| Recurring financial charges | 65 | €6,534 | €176 | -€6,358 | -97.3% |
| Profit (loss) for the period before taxes | 9903 | -€27,125 | -€49,835 | -€22,711 | -83.7% |
| Profit (loss) for the period | 9904 | -€27,125 | -€49,835 | -€22,711 | -83.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,125 | -€49,835 | -€22,711 | -83.7% |
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 5 November 2026 via checked.be.