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LYTE-STUDIOS: 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.

What changed

LYTE-STUDIOS

BE 0805.858.083
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€4,049
2024 · €5,091-€9,140
Equity
€11,838
2024 · €15,888-€4,049
Cash
€4,228
2024 · €10,397-€6,169
Balance sheet total
€22,163
2024 · €32,326-€10,164

Largest movements

2024 to 2025
Assets
  • Cash -€6,169

    down €6,169 (-59.3%), from €10,397 to €4,228

    mainly Tax, wage and social debts (-€6,648) and Net result for the year (-€4,049)

  • Tangible fixed assets -€4,596

    down €4,596 (-39.4%), from €11,677 to €7,081

  • Receivables within one year +€590

    up €590 (+9.7%), from €6,055 to €6,645

    of which Trade receivables: +€2,560

Equity and liabilities
  • Tax, wage and social debts -€6,648

    down €6,648 (-58.2%), from €11,421 to €4,774

  • Profit (loss) carried forward -€4,049

    new in 2025: -€4,049

  • Trade debts +€2,573

    up €2,573 (+161.3%), from €1,595 to €4,168

  • Other debts -€2,040

    down €2,040 (-59.6%), from €3,422 to €1,383

Income statement
  • Gross operating margin -€10,429

    down €10,429 (-76.9%), from €13,565 to €3,136

  • Other operating charges -€1,507

    down €1,507 (-84.5%), from €1,783 to €276

  • Taxes -€1,432

    no longer reported in 2025 (was €1,432)

  • Depreciation +€1,161

    up €1,161 (+23.3%), from €4,988 to €6,149

  • Financial charges +€467

    up €467 (+159.1%), from €294 to €761

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €5,091
Gross operating margin -€10,429
Depreciation -€1,161
Other operating charges +€1,507
Financial income -€22
Financial charges -€467
Taxes +€1,432
Result 2025 -€4,049

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4,616
Investment -€1,553
Financing €0
Cash 2024 €10,397
Net result for the year -€4,049
Depreciation +€6,149
Receivables within one year -€590
Deferred charges and accrued income -€11
Trade debts +€2,573
Tax, wage and social debts -€6,648
Other debts -€2,040
Investment in fixed assets (net) -€1,553
Cash 2025 €4,228
Every line side by side 36 lines
Line Code 2024 2025 Change %
Total assets 20/58 €32,326 €22,163 -€10,164 -31.4%
Fixed assets 21/28 €14,662 €10,066 -€4,596 -31.3%
Tangible fixed assets 22/27 €11,677 €7,081 -€4,596 -39.4%
Furniture and vehicles 24 €11,677 €7,081 -€4,596 -39.4%
Financial fixed assets 28 €2,985 €2,985 = 0.0%
Current assets 29/58 €17,664 €12,097 -€5,568 -31.5%
Amounts receivable within one year 40/41 €6,055 €6,645 +€590 +9.7%
Trade receivables 40 €4,085 €6,645 +€2,560 +62.7%
Other amounts receivable 41 €1,970 - -€1,970
Cash at bank and in hand 54/58 €10,397 €4,228 -€6,169 -59.3%
Deferred charges and accrued income 490/1 €1,212 €1,223 +€11 +0.9%
Total equity and liabilities 10/49 €32,326 €22,163 -€10,164 -31.4%
Equity 10/15 €15,888 €11,838 -€4,049 -25.5%
Contributions 10/11 €300 €300 = 0.0%
Reserves 13 €15,588 €15,588 = 0.0%
Distributable reserves 133 €15,588 €15,588 = 0.0%
Profit (loss) carried forward 14 - -€4,049 -€4,049
Amounts payable 17/49 €16,439 €10,324 -€6,114 -37.2%
Amounts payable within one year 42/48 €16,439 €10,324 -€6,114 -37.2%
Trade debts 44 €1,595 €4,168 +€2,573 +161.3%
Suppliers 440/4 €1,595 €4,168 +€2,573 +161.3%
Taxes, remuneration and social security 45 €11,421 €4,774 -€6,648 -58.2%
Taxes 450/3 €11,421 €4,774 -€6,648 -58.2%
Other amounts payable 47/48 €3,422 €1,383 -€2,040 -59.6%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €4,988 €6,149 +€1,161 +23.3%
Other operating charges 640/8 €1,783 €276 -€1,507 -84.5%
Gross operating margin 9900 €13,565 €3,136 -€10,429 -76.9%
Operating profit (loss) 9901 €6,795 -€3,288 -€10,083
Financial income 75/76B €22 - -€22
Recurring financial income 75 €22 - -€22
Financial charges 65/66B €294 €761 +€467 +159.1%
Recurring financial charges 65 €294 €761 +€467 +159.1%
Profit (loss) for the period before taxes 9903 €6,523 -€4,049 -€10,572
Income taxes 67/77 €1,432 - -€1,432
Profit (loss) for the period 9904 €5,091 -€4,049 -€9,140
Profit (loss) for the period to be appropriated 9905 €5,091 -€4,049 -€9,140

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 30 September 2026 via checked.be.