LTS INVEST: what changed
What changed
LTS INVEST
NACE 62.200, Computer consultancy and computer facilities management
filed annual accounts (NBB)
Net result for the year
€24,841
2024 · €18,067+€6,774
Equity
€610,996
2024 · €586,154+€24,841
Cash
€258,302
2024 · €264,013-€5,711
Balance sheet total
€928,471
2024 · €989,246-€60,775
Largest movements
Assets
- Tangible fixed assets -€51,044
down €51,044 (-9.1%), from €558,095 to €507,051
of which Land and buildings: -€33,988
Equity and liabilities
- Debts after one year -€71,048
down €71,048 (-26.5%), from €268,096 to €197,048
- Reserves +€24,841
up €24,841 (+38.0%), from €65,358 to €90,199
of which Distributable reserves: +€27,953
Income statement
- Gross operating margin +€13,779
up €13,779 (+16.0%), from €86,240 to €100,019
- Taxes +€3,081
up €3,081 (+33.8%), from €9,126 to €12,208
- Depreciation +€2,943
up €2,943 (+6.1%), from €48,101 to €51,044
- Financial charges +€2,815
up €2,815 (+28.6%), from €9,858 to €12,673
- Financial income +€1,990
up €1,990 (+70.8%), from €2,812 to €4,803
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.
Result 2024
€18,067
Gross operating margin
+€13,779
Depreciation
-€2,943
Other operating charges
-€157
Financial income
+€1,990
Financial charges
-€2,815
Taxes
-€3,081
Result 2025
€24,841
raises the resultlowers the result
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.
From operations
+€62,609
Investment
€0
Financing
-€68,320
Cash 2024
€264,013
From operations (derived)
+€62,609
Net result for the year
+€24,841
Depreciation
+€51,044
Receivables within one year
+€4,211
Deferred charges and accrued income
-€191
Provisions
-€778
Trade debts
-€1,301
Tax, wage and social debts
-€9,037
Other debts
-€6,000
Accrued charges and deferred income
-€180
Financing
-€68,320
Debts after one year
-€71,048
Current portion of long-term debt
+€2,728
Cash 2025
€258,302
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €989,246 | €928,471 | -€60,775 | -6.1% |
| Fixed assets | 21/28 | €638,238 | €587,194 | -€51,044 | -8.0% |
| Tangible fixed assets | 22/27 | €558,095 | €507,051 | -€51,044 | -9.1% |
| Land and buildings | 22 | €487,564 | €453,576 | -€33,988 | -7.0% |
| Plant, machinery and equipment | 23 | €1,949 | €1,091 | -€858 | -44.0% |
| Furniture and vehicles | 24 | €68,582 | €52,384 | -€16,198 | -23.6% |
| Financial fixed assets | 28 | €80,143 | €80,143 | = | 0.0% |
| Current assets | 29/58 | €351,008 | €341,277 | -€9,731 | -2.8% |
| Amounts receivable within one year | 40/41 | €84,579 | €80,368 | -€4,211 | -5.0% |
| Trade receivables | 40 | €32,611 | €23,550 | -€9,062 | -27.8% |
| Other amounts receivable | 41 | €51,967 | €56,818 | +€4,851 | +9.3% |
| Cash at bank and in hand | 54/58 | €264,013 | €258,302 | -€5,711 | -2.2% |
| Deferred charges and accrued income | 490/1 | €2,417 | €2,608 | +€191 | +7.9% |
| Total equity and liabilities | 10/49 | €989,246 | €928,471 | -€60,775 | -6.1% |
| Equity | 10/15 | €586,154 | €610,996 | +€24,841 | +4.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €65,358 | €90,199 | +€24,841 | +38.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €28,005 | €24,894 | -€3,112 | -11.1% |
| Distributable reserves | 133 | €37,353 | €65,306 | +€27,953 | +74.8% |
| Profit (loss) carried forward | 14 | €502,197 | €502,197 | = | 0.0% |
| Provisions and deferred taxes | 16 | €7,001 | €6,223 | -€778 | -11.1% |
| Deferred taxes | 168 | €7,001 | €6,223 | -€778 | -11.1% |
| Amounts payable | 17/49 | €396,090 | €311,252 | -€84,838 | -21.4% |
| Amounts payable after more than one year | 17 | €268,096 | €197,048 | -€71,048 | -26.5% |
| Financial debts | 170/4 | €268,096 | €197,048 | -€71,048 | -26.5% |
| Amounts payable within one year | 42/48 | €127,814 | €114,204 | -€13,610 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €68,320 | €71,048 | +€2,728 | +4.0% |
| Trade debts | 44 | €14,621 | €13,320 | -€1,301 | -8.9% |
| Suppliers | 440/4 | €14,621 | €13,320 | -€1,301 | -8.9% |
| Taxes, remuneration and social security | 45 | €36,815 | €27,778 | -€9,037 | -24.5% |
| Taxes | 450/3 | €22,862 | €20,598 | -€2,265 | -9.9% |
| Remuneration and social security | 454/9 | €13,952 | €7,180 | -€6,772 | -48.5% |
| Other amounts payable | 47/48 | €8,058 | €2,058 | -€6,000 | -74.5% |
| Accrued charges and deferred income | 492/3 | €180 | €0 | -€180 | -100% |
| Non-recurring operating income | 76A | €13,000 | €0 | -€13,000 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,101 | €51,044 | +€2,943 | +6.1% |
| Other operating charges | 640/8 | €4,677 | €4,833 | +€157 | +3.3% |
| Gross operating margin | 9900 | €86,240 | €100,019 | +€13,779 | +16.0% |
| Operating profit (loss) | 9901 | €33,462 | €44,142 | +€10,680 | +31.9% |
| Financial income | 75/76B | €2,812 | €4,803 | +€1,990 | +70.8% |
| Recurring financial income | 75 | €2,812 | €4,803 | +€1,990 | +70.8% |
| Financial charges | 65/66B | €9,858 | €12,673 | +€2,815 | +28.6% |
| Recurring financial charges | 65 | €9,858 | €12,673 | +€2,815 | +28.6% |
| Profit (loss) for the period before taxes | 9903 | €26,416 | €36,271 | +€9,855 | +37.3% |
| Transfer from deferred taxes | 780 | €778 | €778 | = | 0.0% |
| Income taxes | 67/77 | €9,126 | €12,208 | +€3,081 | +33.8% |
| Profit (loss) for the period | 9904 | €18,067 | €24,841 | +€6,774 | +37.5% |
| Transfer from tax-exempt reserves | 789 | €3,112 | €3,112 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €21,179 | €27,953 | +€6,774 | +32.0% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.