LT2: what changed
LT2
Largest movements
- Receivables within one year -€18,015
down €18,015 (-76.6%), from €23,515 to €5,500
of which Other amounts receivable: -€10,000
- Cash -€3,020
down €3,020 (-93.8%), from €3,218 to €198
mainly Debts after one year (-€20,576) and Net result for the year (-€15,037)
- Debts after one year -€20,576
down €20,576 (-17.0%), from €120,765 to €100,189
- Profit (loss) carried forward -€15,037
down €15,037 (-128%), from -€11,746 to -€26,783
- Other debts +€13,098
up €13,098 (+56.9%), from €23,000 to €36,098
- Financial charges +€3,572
up €3,572 (+148%), from €2,421 to €5,993
- Gross operating margin +€1,022
up €1,022 (+16.7%), from -€6,132 to -€5,109
- Staff costs +€781
up €781 (+28.3%), from €2,756 to €3,537
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €161,029 | €139,993 | -€21,036 | -13.1% |
| Fixed assets | 21/28 | €134,295 | €134,295 | = | 0.0% |
| Financial fixed assets | 28 | €134,295 | €134,295 | = | 0.0% |
| Current assets | 29/58 | €26,734 | €5,698 | -€21,036 | -78.7% |
| Amounts receivable within one year | 40/41 | €23,515 | €5,500 | -€18,015 | -76.6% |
| Trade receivables | 40 | €13,515 | €5,500 | -€8,015 | -59.3% |
| Other amounts receivable | 41 | €10,000 | - | -€10,000 | |
| Cash at bank and in hand | 54/58 | €3,218 | €198 | -€3,020 | -93.8% |
| Total equity and liabilities | 10/49 | €161,029 | €139,993 | -€21,036 | -13.1% |
| Equity | 10/15 | -€9,746 | -€24,783 | -€15,037 | -154% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,746 | -€26,783 | -€15,037 | -128% |
| Amounts payable | 17/49 | €170,775 | €164,777 | -€5,998 | -3.5% |
| Amounts payable after more than one year | 17 | €120,765 | €100,189 | -€20,576 | -17.0% |
| Financial debts | 170/4 | €120,765 | €100,189 | -€20,576 | -17.0% |
| Amounts payable within one year | 42/48 | €50,010 | €64,588 | +€14,578 | +29.2% |
| Current portion of amounts payable after more than one year | 42 | €23,859 | €24,778 | +€919 | +3.9% |
| Trade debts | 44 | €721 | €2,114 | +€1,392 | +193% |
| Suppliers | 440/4 | €721 | €2,114 | +€1,392 | +193% |
| Taxes, remuneration and social security | 45 | €2,430 | €1,598 | -€832 | -34.2% |
| Taxes | 450/3 | €2,152 | €1,579 | -€573 | -26.6% |
| Remuneration and social security | 454/9 | €278 | €19 | -€258 | -93.0% |
| Other amounts payable | 47/48 | €23,000 | €36,098 | +€13,098 | +56.9% |
| Remuneration, social security and pensions | 62 | €2,756 | €3,537 | +€781 | +28.3% |
| Other operating charges | 640/8 | €437 | €400 | -€38 | -8.6% |
| Gross operating margin | 9900 | -€6,132 | -€5,109 | +€1,022 | +16.7% |
| Operating profit (loss) | 9901 | -€9,325 | -€9,046 | +€279 | +3.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €2,421 | €5,993 | +€3,572 | +148% |
| Recurring financial charges | 65 | €2,421 | €5,993 | +€3,572 | +148% |
| Profit (loss) for the period before taxes | 9903 | -€11,746 | -€15,037 | -€3,291 | -28.0% |
| Income taxes | 67/77 | - | €0 | +€0 | |
| Profit (loss) for the period | 9904 | -€11,746 | -€15,037 | -€3,291 | -28.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,746 | -€15,037 | -€3,291 | -28.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.