Lyto: 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.
Lyto
Largest movements
- Stocks and contracts -€64,394
down €64,394 (-41.5%), from €155,300 to €90,907
- Receivables within one year +€24,624
up €24,624 (+111.0%), from €22,188 to €46,812
of which Trade receivables: +€18,724
- Debts after one year -€39,551
down €39,551 (-15.2%), from €260,913 to €221,363
- Trade debts -€14,493
down €14,493 (-21.2%), from €68,285 to €53,792
- Other debts +€10,718
up €10,718 (+14.5%), from €74,021 to €84,739
- Tax, wage and social debts -€8,006
down €8,006 (-35.0%), from €22,900 to €14,894
of which Taxes: -€4,132
- Advances received +€7,181
new in 2024: €7,181
- Staff costs -€22,391
down €22,391 (-53.2%), from €42,063 to €19,672
- Gross operating margin +€22,191
up €22,191 (+63.7%), from €34,833 to €57,025
- Depreciation +€1,805
up €1,805 (+12.1%), from €14,901 to €16,706
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €511,396 | €473,748 | -€37,648 | -7.4% |
| Fixed assets | 21/28 | €298,402 | €303,420 | +€5,018 | +1.7% |
| Tangible fixed assets | 22/27 | €298,402 | €303,420 | +€5,018 | +1.7% |
| Land and buildings | 22 | €289,036 | €296,120 | +€7,085 | +2.5% |
| Plant, machinery and equipment | 23 | €6,031 | €4,773 | -€1,258 | -20.9% |
| Furniture and vehicles | 24 | €3,335 | €2,526 | -€809 | -24.3% |
| Current assets | 29/58 | €212,994 | €170,328 | -€42,666 | -20.0% |
| Stocks and contracts in progress | 3 | €155,300 | €90,907 | -€64,394 | -41.5% |
| Stocks | 30/36 | €155,300 | €90,907 | -€64,394 | -41.5% |
| Amounts receivable within one year | 40/41 | €22,188 | €46,812 | +€24,624 | +111.0% |
| Trade receivables | 40 | €22,178 | €40,902 | +€18,724 | +84.4% |
| Other amounts receivable | 41 | €10 | €5,910 | +€5,900 | +59359.9% |
| Cash at bank and in hand | 54/58 | €33,284 | €29,835 | -€3,448 | -10.4% |
| Deferred charges and accrued income | 490/1 | €2,222 | €2,773 | +€552 | +24.8% |
| Total equity and liabilities | 10/49 | €511,396 | €473,748 | -€37,648 | -7.4% |
| Equity | 10/15 | -€54,089 | -€51,751 | +€2,338 | +4.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,089 | -€54,751 | +€2,338 | +4.1% |
| Amounts payable | 17/49 | €565,485 | €525,499 | -€39,987 | -7.1% |
| Amounts payable after more than one year | 17 | €260,913 | €221,363 | -€39,551 | -15.2% |
| Financial debts | 170/4 | €260,913 | €221,363 | -€39,551 | -15.2% |
| Amounts payable within one year | 42/48 | €303,043 | €300,158 | -€2,886 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €37,838 | €39,551 | +€1,713 | +4.5% |
| Financial debts | 43 | €100,000 | €100,000 | = | 0.0% |
| Credit institutions | 430/8 | €100,000 | €100,000 | = | 0.0% |
| Trade debts | 44 | €68,285 | €53,792 | -€14,493 | -21.2% |
| Suppliers | 440/4 | €68,285 | €53,792 | -€14,493 | -21.2% |
| Advances received on contracts in progress | 46 | - | €7,181 | +€7,181 | |
| Taxes, remuneration and social security | 45 | €22,900 | €14,894 | -€8,006 | -35.0% |
| Taxes | 450/3 | €15,980 | €11,848 | -€4,132 | -25.9% |
| Remuneration and social security | 454/9 | €6,920 | €3,046 | -€3,873 | -56.0% |
| Other amounts payable | 47/48 | €74,021 | €84,739 | +€10,718 | +14.5% |
| Accrued charges and deferred income | 492/3 | €1,528 | €3,978 | +€2,450 | +160.3% |
| Remuneration, social security and pensions | 62 | €42,063 | €19,672 | -€22,391 | -53.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,901 | €16,706 | +€1,805 | +12.1% |
| Other operating charges | 640/8 | €2,233 | €2,099 | -€134 | -6.0% |
| Gross operating margin | 9900 | €34,833 | €57,025 | +€22,191 | +63.7% |
| Operating profit (loss) | 9901 | -€24,363 | €18,548 | +€42,911 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -100.0% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -100.0% |
| Financial charges | 65/66B | €15,905 | €15,985 | +€80 | +0.5% |
| Recurring financial charges | 65 | €15,905 | €15,985 | +€80 | +0.5% |
| Profit (loss) for the period before taxes | 9903 | -€40,265 | €2,563 | +€42,828 | |
| Income taxes | 67/77 | €189 | €225 | +€36 | +18.9% |
| Profit (loss) for the period | 9904 | -€40,454 | €2,338 | +€42,792 | |
| Profit (loss) for the period to be appropriated | 9905 | -€40,454 | €2,338 | +€42,792 |
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 6 October 2026 via checked.be.