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LYTICS: 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

LYTICS

BE 0766.510.925
NACE 82.990, Other business support services
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€70,969
2023 · €68,617+€2,352
Equity
€5,000
2023 · €157,339-€152,339
Cash
€61,335
2023 · €177,748-€116,413
Balance sheet total
€95,141
2023 · €215,275-€120,134

Largest movements

2023 to 2024
Assets
  • Cash -€116,413

    down €116,413 (-65.5%), from €177,748 to €61,335

    mainly Contributions, distributions and other (-€223,308) and Tax, wage and social debts (-€31,890)

  • Tangible fixed assets -€7,073

    down €7,073 (-39.2%), from €18,059 to €10,986

  • Receivables within one year +€3,090

    up €3,090 (+17.2%), from €18,003 to €21,093

    of which Trade receivables: +€2,105

Equity and liabilities
  • Profit (loss) carried forward -€152,339

    down €152,339 (-100.0%), from €152,339 to €0

  • Other debts +€71,745

    up €71,745 (+2570.8%), from €2,791 to €74,536

  • Tax, wage and social debts -€31,890

    down €31,890 (-75.7%), from €42,150 to €10,260

  • Current portion of long-term debt -€5,072

    down €5,072 (-66.3%), from €7,647 to €2,575

  • Debts after one year -€2,575

    down €2,575 (-100.0%), from €2,575 to €0

Income statement
  • Gross operating margin +€3,193

    up €3,193 (+3.3%), from €95,666 to €98,860

From the 2023 result to the 2024 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 2023 €68,617
Gross operating margin +€3,193
Depreciation +€291
Other operating charges -€398
Financial charges +€76
Taxes -€810
Result 2024 €70,969

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€115,584
Investment -€1,050
Financing -€230,946
Cash 2023 €177,748
Net result for the year +€70,969
Depreciation +€8,124
Receivables within one year -€3,090
Deferred charges and accrued income -€262
Trade debts -€1,144
Tax, wage and social debts -€31,890
Other debts +€71,745
Accrued charges and deferred income +€1,132
Investment in fixed assets (net) -€1,050
Debts after one year -€2,575
Current portion of long-term debt -€5,072
Short-term financial debts +€9
Contributions, distributions and other -€223,308
Cash 2024 €61,335
Every line side by side 39 lines
Line Code 2023 2024 Change %
Total assets 20/58 €215,275 €95,141 -€120,134 -55.8%
Fixed assets 21/28 €18,059 €10,986 -€7,073 -39.2%
Tangible fixed assets 22/27 €18,059 €10,986 -€7,073 -39.2%
Furniture and vehicles 24 €18,059 €10,986 -€7,073 -39.2%
Current assets 29/58 €197,216 €84,155 -€113,061 -57.3%
Amounts receivable within one year 40/41 €18,003 €21,093 +€3,090 +17.2%
Trade receivables 40 €17,893 €19,998 +€2,105 +11.8%
Other amounts receivable 41 €110 €1,095 +€985 +895.2%
Cash at bank and in hand 54/58 €177,748 €61,335 -€116,413 -65.5%
Deferred charges and accrued income 490/1 €1,465 €1,727 +€262 +17.9%
Total equity and liabilities 10/49 €215,275 €95,141 -€120,134 -55.8%
Equity 10/15 €157,339 €5,000 -€152,339 -96.8%
Contributions 10/11 €5,000 €5,000 = 0.0%
Profit (loss) carried forward 14 €152,339 €0 -€152,339 -100.0%
Amounts payable 17/49 €57,936 €90,141 +€32,205 +55.6%
Amounts payable after more than one year 17 €2,575 €0 -€2,575 -100.0%
Financial debts 170/4 €2,575 €0 -€2,575 -100.0%
Amounts payable within one year 42/48 €55,361 €89,009 +€33,648 +60.8%
Current portion of amounts payable after more than one year 42 €7,647 €2,575 -€5,072 -66.3%
Financial debts 43 €20 €29 +€9 +46.2%
Credit institutions 430/8 €20 €29 +€9 +46.2%
Trade debts 44 €2,754 €1,609 -€1,144 -41.6%
Suppliers 440/4 €2,754 €1,609 -€1,144 -41.6%
Taxes, remuneration and social security 45 €42,150 €10,260 -€31,890 -75.7%
Taxes 450/3 €42,150 €10,260 -€31,890 -75.7%
Other amounts payable 47/48 €2,791 €74,536 +€71,745 +2570.8%
Accrued charges and deferred income 492/3 - €1,132 +€1,132
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €8,414 €8,124 -€291 -3.5%
Other operating charges 640/8 €220 €618 +€398 +180.5%
Gross operating margin 9900 €95,666 €98,860 +€3,193 +3.3%
Operating profit (loss) 9901 €87,032 €90,118 +€3,086 +3.5%
Financial income 75/76B €0 - =
Recurring financial income 75 €0 - =
Financial charges 65/66B €320 €245 -€76 -23.6%
Recurring financial charges 65 €320 €245 -€76 -23.6%
Profit (loss) for the period before taxes 9903 €86,712 €89,874 +€3,162 +3.6%
Income taxes 67/77 €18,095 €18,905 +€810 +4.5%
Profit (loss) for the period 9904 €68,617 €70,969 +€2,352 +3.4%
Profit (loss) for the period to be appropriated 9905 €68,617 €70,969 +€2,352 +3.4%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.