LTK.BE: 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.
LTK.BE
Largest movements
- Receivables within one year -€19,734
down €19,734 (-52.8%), from €37,400 to €17,666
of which Trade receivables: -€15,034
- Tangible fixed assets +€7,604
up €7,604 (+66.0%), from €11,526 to €19,130
of which Furniture and vehicles: +€19,130
- Debts after one year -€7,151
no longer reported in 2025 (was €7,151)
- Current portion of long-term debt -€5,155
no longer reported in 2025 (was €5,155)
- Trade debts -€5,015
down €5,015 (-74.5%), from €6,727 to €1,712
- Profit (loss) carried forward +€2,922
up €2,922 (+15.1%), from €19,368 to €22,290
- Short-term financial debts +€2,756
up €2,756 (+113.8%), from €2,422 to €5,177
- Gross operating margin +€4,226
up €4,226 (+16.9%), from €25,047 to €29,272
- Depreciation -€3,610
down €3,610 (-68.1%), from €5,298 to €1,688
- Taxes +€1,646
up €1,646 (+13052.1%), from €13 to €1,658
- Staff costs +€1,087
up €1,087 (+5.7%), from €19,139 to €20,226
- Financial charges +€357
up €357 (+21.6%), from €1,653 to €2,010
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 | €50,468 | €38,767 | -€11,700 | -23.2% |
| Fixed assets | 21/28 | €11,526 | €19,130 | +€7,604 | +66.0% |
| Tangible fixed assets | 22/27 | €11,526 | €19,130 | +€7,604 | +66.0% |
| Furniture and vehicles | 24 | - | €19,130 | +€19,130 | |
| Leasing and similar rights | 25 | €11,526 | - | -€11,526 | |
| Current assets | 29/58 | €38,942 | €19,637 | -€19,304 | -49.6% |
| Amounts receivable within one year | 40/41 | €37,400 | €17,666 | -€19,734 | -52.8% |
| Trade receivables | 40 | €32,300 | €17,266 | -€15,034 | -46.5% |
| Other amounts receivable | 41 | €5,100 | €400 | -€4,700 | -92.2% |
| Cash at bank and in hand | 54/58 | - | €70 | +€70 | |
| Deferred charges and accrued income | 490/1 | €1,542 | €1,901 | +€360 | +23.3% |
| Total equity and liabilities | 10/49 | €50,468 | €38,767 | -€11,700 | -23.2% |
| Equity | 10/15 | €20,368 | €23,290 | +€2,922 | +14.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,368 | €22,290 | +€2,922 | +15.1% |
| Amounts payable | 17/49 | €30,100 | €15,477 | -€14,623 | -48.6% |
| Amounts payable after more than one year | 17 | €7,151 | - | -€7,151 | |
| Financial debts | 170/4 | €7,151 | - | -€7,151 | |
| Amounts payable within one year | 42/48 | €22,948 | €15,477 | -€7,471 | -32.6% |
| Current portion of amounts payable after more than one year | 42 | €5,155 | - | -€5,155 | |
| Financial debts | 43 | €2,422 | €5,177 | +€2,756 | +113.8% |
| Credit institutions | 430/8 | €2,422 | €5,177 | +€2,756 | +113.8% |
| Trade debts | 44 | €6,727 | €1,712 | -€5,015 | -74.5% |
| Suppliers | 440/4 | €6,727 | €1,712 | -€5,015 | -74.5% |
| Taxes, remuneration and social security | 45 | €8,645 | €8,190 | -€455 | -5.3% |
| Taxes | 450/3 | €3,803 | €5,263 | +€1,460 | +38.4% |
| Remuneration and social security | 454/9 | €4,842 | €2,928 | -€1,915 | -39.5% |
| Other amounts payable | 47/48 | - | €397 | +€397 | |
| Remuneration, social security and pensions | 62 | €19,139 | €20,226 | +€1,087 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,298 | €1,688 | -€3,610 | -68.1% |
| Other operating charges | 640/8 | €106 | €287 | +€181 | +170.3% |
| Non-recurring operating charges | 66A | €252 | €480 | +€228 | +90.3% |
| Gross operating margin | 9900 | €25,047 | €29,272 | +€4,226 | +16.9% |
| Operating profit (loss) | 9901 | €251 | €6,591 | +€6,340 | +2527.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,653 | €2,010 | +€357 | +21.6% |
| Recurring financial charges | 65 | €1,653 | €2,010 | +€357 | +21.6% |
| Profit (loss) for the period before taxes | 9903 | -€1,403 | €4,581 | +€5,983 | |
| Income taxes | 67/77 | €13 | €1,658 | +€1,646 | +13052.1% |
| Profit (loss) for the period | 9904 | -€1,415 | €2,922 | +€4,338 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,415 | €2,922 | +€4,338 |
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 6 October 2026 via checked.be.