LYTAX: 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.
LYTAX
Largest movements
- Cash -€125,249
down €125,249 (-56.2%), from €222,694 to €97,445
mainly Receivables after one year (-€121,605) and Accrued charges and deferred income (-€60,400)
- Receivables after one year +€121,605
up €121,605 (+14.7%), from €830,000 to €951,605
- Receivables within one year -€39,019
down €39,019 (-27.6%), from €141,421 to €102,403
of which Other amounts receivable: -€36,519
- Accrued charges and deferred income -€60,400
down €60,400 (-77.0%), from €78,400 to €18,000
- Reserves +€21,928
up €21,928 (+1.6%), from €1.3m to €1.4m
of which Distributable reserves: +€21,928
- Gross operating margin -€16,758
down €16,758 (-23.6%), from €71,025 to €54,267
- Other operating charges +€5,159
up €5,159 (+416%), from €1,240 to €6,399
- Taxes -€4,758
down €4,758 (-21.7%), from €21,906 to €17,148
- Financial income +€2,408
up €2,408 (+19.7%), from €12,202 to €14,610
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 | €1,461,208 | €1,414,636 | -€46,572 | -3.2% |
| Fixed assets | 21/28 | €266,441 | €262,518 | -€3,922 | -1.5% |
| Tangible fixed assets | 22/27 | €15,541 | €11,618 | -€3,922 | -25.2% |
| Furniture and vehicles | 24 | €14,440 | €10,701 | -€3,739 | -25.9% |
| Other tangible fixed assets | 26 | €1,100 | €917 | -€183 | -16.7% |
| Financial fixed assets | 28 | €250,900 | €250,900 | = | 0.0% |
| Current assets | 29/58 | €1,194,767 | €1,152,118 | -€42,650 | -3.6% |
| Amounts receivable after more than one year | 29 | €830,000 | €951,605 | +€121,605 | +14.7% |
| Other amounts receivable | 291 | €830,000 | €951,605 | +€121,605 | +14.7% |
| Amounts receivable within one year | 40/41 | €141,421 | €102,403 | -€39,019 | -27.6% |
| Trade receivables | 40 | €2,500 | €0 | -€2,500 | -100% |
| Other amounts receivable | 41 | €138,921 | €102,403 | -€36,519 | -26.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €222,694 | €97,445 | -€125,249 | -56.2% |
| Deferred charges and accrued income | 490/1 | €652 | €665 | +€13 | +1.9% |
| Total equity and liabilities | 10/49 | €1,461,208 | €1,414,636 | -€46,572 | -3.2% |
| Equity | 10/15 | €1,348,510 | €1,370,438 | +€21,928 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,342,310 | €1,364,238 | +€21,928 | +1.6% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,000 | €100,000 | = | 0.0% |
| Distributable reserves | 133 | €1,240,450 | €1,262,378 | +€21,928 | +1.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €112,698 | €44,198 | -€68,500 | -60.8% |
| Amounts payable within one year | 42/48 | €34,298 | €26,198 | -€8,100 | -23.6% |
| Financial debts | 43 | €6,828 | €7,649 | +€822 | +12.0% |
| Credit institutions | 430/8 | €6,828 | €7,649 | +€822 | +12.0% |
| Trade debts | 44 | €6,023 | €329 | -€5,694 | -94.5% |
| Suppliers | 440/4 | €6,023 | €329 | -€5,694 | -94.5% |
| Taxes, remuneration and social security | 45 | €2,602 | €583 | -€2,019 | -77.6% |
| Taxes | 450/3 | €2,602 | €583 | -€2,019 | -77.6% |
| Other amounts payable | 47/48 | €18,846 | €17,637 | -€1,209 | -6.4% |
| Accrued charges and deferred income | 492/3 | €78,400 | €18,000 | -€60,400 | -77.0% |
| Remuneration, social security and pensions | 62 | €66 | - | -€66 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,393 | €3,922 | -€471 | -10.7% |
| Other operating charges | 640/8 | €1,240 | €6,399 | +€5,159 | +416% |
| Gross operating margin | 9900 | €71,025 | €54,267 | -€16,758 | -23.6% |
| Operating profit (loss) | 9901 | €65,326 | €43,946 | -€21,380 | -32.7% |
| Financial income | 75/76B | €12,202 | €14,610 | +€2,408 | +19.7% |
| Recurring financial income | 75 | €12,202 | €14,610 | +€2,408 | +19.7% |
| Financial charges | 65/66B | €1,518 | €1,479 | -€38 | -2.5% |
| Recurring financial charges | 65 | €1,518 | €1,479 | -€38 | -2.5% |
| Profit (loss) for the period before taxes | 9903 | €76,010 | €57,076 | -€18,935 | -24.9% |
| Income taxes | 67/77 | €21,906 | €17,148 | -€4,758 | -21.7% |
| Profit (loss) for the period | 9904 | €54,104 | €39,928 | -€14,176 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €54,104 | €39,928 | -€14,176 | -26.2% |
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 27 October 2026 via checked.be.