LTLA: 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.
LTLA
Largest movements
- Receivables within one year +€43,746
up €43,746 (+110.5%), from €39,585 to €83,331
of which Other amounts receivable: +€47,686
- Tangible fixed assets -€17,170
down €17,170 (-14.9%), from €115,401 to €98,231
of which Furniture and vehicles: -€17,721
- Cash -€12,042
down €12,042 (-17.5%), from €68,714 to €56,672
mainly Receivables within one year (-€43,746) and Debts after one year (-€16,494)
- Profit (loss) carried forward +€42,096
up €42,096 (+42.3%), from €99,492 to €141,588
- Debts after one year -€16,494
down €16,494 (-36.4%), from €45,334 to €28,840
- Tax, wage and social debts -€6,879
down €6,879 (-63.6%), from €10,810 to €3,931
- Current portion of long-term debt -€4,739
down €4,739 (-10.3%), from €46,232 to €41,494
- Gross operating margin -€61,537
down €61,537 (-44.1%), from €139,422 to €77,885
- Taxes -€14,888
down €14,888 (-55.7%), from €26,711 to €11,823
- Depreciation +€2,974
up €2,974 (+16.2%), from €18,357 to €21,331
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 | €223,700 | €238,234 | +€14,534 | +6.5% |
| Fixed assets | 21/28 | €115,401 | €98,231 | -€17,170 | -14.9% |
| Tangible fixed assets | 22/27 | €115,401 | €98,231 | -€17,170 | -14.9% |
| Land and buildings | 22 | €68,098 | €65,773 | -€2,325 | -3.4% |
| Plant, machinery and equipment | 23 | €1,542 | €4,418 | +€2,876 | +186.6% |
| Furniture and vehicles | 24 | €45,761 | €28,040 | -€17,721 | -38.7% |
| Current assets | 29/58 | €108,299 | €140,003 | +€31,704 | +29.3% |
| Amounts receivable within one year | 40/41 | €39,585 | €83,331 | +€43,746 | +110.5% |
| Trade receivables | 40 | €17,152 | €13,212 | -€3,940 | -23.0% |
| Other amounts receivable | 41 | €22,434 | €70,119 | +€47,686 | +212.6% |
| Cash at bank and in hand | 54/58 | €68,714 | €56,672 | -€12,042 | -17.5% |
| Total equity and liabilities | 10/49 | €223,700 | €238,234 | +€14,534 | +6.5% |
| Equity | 10/15 | €119,952 | €162,048 | +€42,096 | +35.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €99,492 | €141,588 | +€42,096 | +42.3% |
| Amounts payable | 17/49 | €103,748 | €76,186 | -€27,562 | -26.6% |
| Amounts payable after more than one year | 17 | €45,334 | €28,840 | -€16,494 | -36.4% |
| Financial debts | 170/4 | €45,334 | €28,840 | -€16,494 | -36.4% |
| Amounts payable within one year | 42/48 | €58,414 | €47,345 | -€11,068 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €46,232 | €41,494 | -€4,739 | -10.3% |
| Trade debts | 44 | €589 | €1,921 | +€1,332 | +226.3% |
| Suppliers | 440/4 | €589 | €1,921 | +€1,332 | +226.3% |
| Taxes, remuneration and social security | 45 | €10,810 | €3,931 | -€6,879 | -63.6% |
| Taxes | 450/3 | €10,810 | €3,931 | -€6,879 | -63.6% |
| Other amounts payable | 47/48 | €783 | - | -€783 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,357 | €21,331 | +€2,974 | +16.2% |
| Other operating charges | 640/8 | €1,179 | €1,234 | +€55 | +4.7% |
| Gross operating margin | 9900 | €139,422 | €77,885 | -€61,537 | -44.1% |
| Operating profit (loss) | 9901 | €119,886 | €55,319 | -€64,567 | -53.9% |
| Financial income | 75/76B | €94 | €500 | +€406 | +434.0% |
| Recurring financial income | 75 | €94 | €500 | +€406 | +434.0% |
| Financial charges | 65/66B | €1,644 | €1,899 | +€255 | +15.5% |
| Recurring financial charges | 65 | €1,644 | €1,899 | +€255 | +15.5% |
| Profit (loss) for the period before taxes | 9903 | €118,335 | €53,920 | -€64,416 | -54.4% |
| Income taxes | 67/77 | €26,711 | €11,823 | -€14,888 | -55.7% |
| Profit (loss) for the period | 9904 | €91,624 | €42,096 | -€49,528 | -54.1% |
| Profit (loss) for the period to be appropriated | 9905 | €91,624 | €42,096 | -€49,528 | -54.1% |
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 12 October 2026 via checked.be.