LTS IMMO: 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.
LTS IMMO
Largest movements
- Receivables within one year -€1,676
down €1,676 (-99.8%), from €1,680 to €4
of which Trade receivables: -€1,210
- Cash +€625
up €625 (+560%), from €112 to €737
mainly Other debts (+€2,419) and Receivables within one year (+€1,676)
- Profit (loss) carried forward -€2,870
down €2,870 (-18.9%), from -€15,202 to -€18,072
- Other debts +€2,419
up €2,419 (+40.4%), from €5,993 to €8,412
- Trade debts -€600
down €600 (-60.0%), from €1,000 to €400
- Gross operating margin +€4,618
up €4,618 (+62.9%), from -€7,346 to -€2,728
- Depreciation -€309
no longer reported in 2025 (was €309)
- Other operating charges -€300
no longer reported in 2025 (was €300)
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 | €1,791 | €740 | -€1,051 | -58.7% |
| Current assets | 29/58 | €1,791 | €740 | -€1,051 | -58.7% |
| Amounts receivable within one year | 40/41 | €1,680 | €4 | -€1,676 | -99.8% |
| Trade receivables | 40 | €1,210 | - | -€1,210 | |
| Other amounts receivable | 41 | €470 | €4 | -€466 | -99.2% |
| Cash at bank and in hand | 54/58 | €112 | €737 | +€625 | +560% |
| Total equity and liabilities | 10/49 | €1,791 | €740 | -€1,051 | -58.7% |
| Equity | 10/15 | -€5,202 | -€8,072 | -€2,870 | -55.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,202 | -€18,072 | -€2,870 | -18.9% |
| Amounts payable | 17/49 | €6,993 | €8,812 | +€1,819 | +26.0% |
| Amounts payable within one year | 42/48 | €6,993 | €8,812 | +€1,819 | +26.0% |
| Trade debts | 44 | €1,000 | €400 | -€600 | -60.0% |
| Suppliers | 440/4 | €1,000 | €400 | -€600 | -60.0% |
| Other amounts payable | 47/48 | €5,993 | €8,412 | +€2,419 | +40.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €309 | - | -€309 | |
| Other operating charges | 640/8 | €300 | - | -€300 | |
| Gross operating margin | 9900 | -€7,346 | -€2,728 | +€4,618 | +62.9% |
| Operating profit (loss) | 9901 | -€7,955 | -€2,728 | +€5,227 | +65.7% |
| Financial charges | 65/66B | €143 | €142 | -€2 | -1.2% |
| Recurring financial charges | 65 | €143 | €142 | -€2 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,098 | -€2,870 | +€5,228 | +64.6% |
| Profit (loss) for the period | 9904 | -€8,098 | -€2,870 | +€5,228 | +64.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,098 | -€2,870 | +€5,228 | +64.6% |
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 20 October 2026 via checked.be.