LUIJTENANT: 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.
LUIJTENANT
Largest movements
- Cash -€8,239
down €8,239 (-40.9%), from €20,154 to €11,915
mainly Other debts (-€9,985) and Net result for the year (-€1,574)
- Tangible fixed assets -€1,701
down €1,701 (-46.9%), from €3,625 to €1,924
- Receivables within one year -€1,619
down €1,619 (-60.6%), from €2,671 to €1,052
- Other debts -€9,985
down €9,985 (-41.7%), from €23,950 to €13,965
- Profit (loss) carried forward -€1,574
down €1,574, from €0 to -€1,574
- Gross operating margin -€3,058
down €3,058 (-85.6%), from €3,573 to €515
- Taxes -€339
down €339 (-100.0%), from €339 to €0
- Depreciation +€51
up €51 (+3.1%), from €1,650 to €1,701
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 | €26,450 | €14,891 | -€11,559 | -43.7% |
| Fixed assets | 21/28 | €3,625 | €1,924 | -€1,701 | -46.9% |
| Tangible fixed assets | 22/27 | €3,625 | €1,924 | -€1,701 | -46.9% |
| Furniture and vehicles | 24 | €3,625 | €1,924 | -€1,701 | -46.9% |
| Current assets | 29/58 | €22,825 | €12,967 | -€9,858 | -43.2% |
| Amounts receivable within one year | 40/41 | €2,671 | €1,052 | -€1,619 | -60.6% |
| Other amounts receivable | 41 | €2,671 | €1,052 | -€1,619 | -60.6% |
| Cash at bank and in hand | 54/58 | €20,154 | €11,915 | -€8,239 | -40.9% |
| Total equity and liabilities | 10/49 | €26,450 | €14,891 | -€11,559 | -43.7% |
| Equity | 10/15 | €2,500 | €926 | -€1,574 | -63.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Distributable reserves | 133 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €0 | -€1,574 | -€1,574 | |
| Amounts payable | 17/49 | €23,950 | €13,965 | -€9,985 | -41.7% |
| Amounts payable within one year | 42/48 | €23,950 | €13,965 | -€9,985 | -41.7% |
| Trade debts | 44 | - | €1 | +€1 | |
| Suppliers | 440/4 | - | €1 | +€1 | |
| Other amounts payable | 47/48 | €23,950 | €13,965 | -€9,985 | -41.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,650 | €1,701 | +€51 | +3.1% |
| Other operating charges | 640/8 | €304 | €312 | +€8 | +2.6% |
| Gross operating margin | 9900 | €3,573 | €515 | -€3,058 | -85.6% |
| Operating profit (loss) | 9901 | €1,620 | -€1,498 | -€3,117 | |
| Financial charges | 65/66B | €84 | €77 | -€7 | -8.2% |
| Recurring financial charges | 65 | €84 | €77 | -€7 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €1,536 | -€1,574 | -€3,110 | |
| Income taxes | 67/77 | €339 | €0 | -€339 | -100.0% |
| Profit (loss) for the period | 9904 | €1,197 | -€1,574 | -€2,771 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,197 | -€1,574 | -€2,771 |
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 2 October 2026 via checked.be.