COTTAGE LOTTE: what changed
COTTAGE LOTTE
Largest movements
- Cash -€56,210
down €56,210 (-86.2%), from €65,182 to €8,973
mainly Investment in fixed assets (net) (-€49,619) and Current investments (-€34,712)
- Current investments +€34,712
new in 2025: €34,712
- Tangible fixed assets +€32,175
up €32,175 (+124%), from €25,923 to €58,097
of which Furniture and vehicles: +€35,135
- Receivables within one year +€3,952
up €3,952 (+63.8%), from €6,194 to €10,146
of which Other amounts receivable: +€5,117
- Stocks and contracts -€2,720
down €2,720 (-23.6%), from €11,539 to €8,819
- Reserves +€14,232
up €14,232 (+20.1%), from €70,778 to €85,010
- Other debts +€8,078
up €8,078 (+59.1%), from €13,677 to €21,754
- Current portion of long-term debt -€7,608
down €7,608 (-100%), from €7,608 to €0
- Tax, wage and social debts -€5,615
down €5,615 (-43.7%), from €12,835 to €7,220
of which Taxes: -€5,615
- Trade debts +€2,623
up €2,623 (+82.6%), from €3,175 to €5,797
- Gross operating margin -€72,885
down €72,885 (-64.8%), from €112,460 to €39,574
- Taxes -€14,799
down €14,799 (-74.2%), from €19,936 to €5,137
- Staff costs -€1,474
down €1,474 (-100%), from €1,474 to €0
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 | €113,073 | €124,782 | +€11,709 | +10.4% |
| Fixed assets | 21/28 | €30,158 | €62,133 | +€31,975 | +106% |
| Intangible fixed assets | 21 | €4,236 | €3,736 | -€500 | -11.8% |
| Tangible fixed assets | 22/27 | €25,923 | €58,097 | +€32,175 | +124% |
| Plant, machinery and equipment | 23 | €10,275 | €7,315 | -€2,960 | -28.8% |
| Furniture and vehicles | 24 | €15,648 | €50,782 | +€35,135 | +225% |
| Financial fixed assets | 28 | - | €300 | +€300 | |
| Current assets | 29/58 | €82,915 | €62,649 | -€20,266 | -24.4% |
| Stocks and contracts in progress | 3 | €11,539 | €8,819 | -€2,720 | -23.6% |
| Stocks | 30/36 | €11,539 | €8,819 | -€2,720 | -23.6% |
| Amounts receivable within one year | 40/41 | €6,194 | €10,146 | +€3,952 | +63.8% |
| Trade receivables | 40 | €5,988 | €4,822 | -€1,166 | -19.5% |
| Other amounts receivable | 41 | €206 | €5,323 | +€5,117 | +2,483% |
| Current investments | 50/53 | - | €34,712 | +€34,712 | |
| Cash at bank and in hand | 54/58 | €65,182 | €8,973 | -€56,210 | -86.2% |
| Total equity and liabilities | 10/49 | €113,073 | €124,782 | +€11,709 | +10.4% |
| Equity | 10/15 | €75,778 | €90,010 | +€14,232 | +18.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €70,778 | €85,010 | +€14,232 | +20.1% |
| Distributable reserves | 133 | €70,778 | €85,010 | +€14,232 | +20.1% |
| Amounts payable | 17/49 | €37,295 | €34,772 | -€2,523 | -6.8% |
| Amounts payable within one year | 42/48 | €37,295 | €34,772 | -€2,523 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €7,608 | €0 | -€7,608 | -100% |
| Trade debts | 44 | €3,175 | €5,797 | +€2,623 | +82.6% |
| Suppliers | 440/4 | €3,175 | €5,797 | +€2,623 | +82.6% |
| Taxes, remuneration and social security | 45 | €12,835 | €7,220 | -€5,615 | -43.7% |
| Taxes | 450/3 | €11,235 | €5,620 | -€5,615 | -50.0% |
| Remuneration and social security | 454/9 | €1,600 | €1,600 | = | 0.0% |
| Other amounts payable | 47/48 | €13,677 | €21,754 | +€8,078 | +59.1% |
| Non-recurring operating income | 76A | - | €1,779 | +€1,779 | |
| Remuneration, social security and pensions | 62 | €1,474 | €0 | -€1,474 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,100 | €17,644 | +€544 | +3.2% |
| Other operating charges | 640/8 | €2,250 | €1,830 | -€420 | -18.7% |
| Non-recurring operating charges | 66A | - | -€0 | -€0 | |
| Gross operating margin | 9900 | €112,460 | €39,574 | -€72,885 | -64.8% |
| Operating profit (loss) | 9901 | €91,636 | €20,100 | -€71,536 | -78.1% |
| Financial income | 75/76B | €846 | €264 | -€582 | -68.8% |
| Recurring financial income | 75 | €846 | €264 | -€582 | -68.8% |
| Financial charges | 65/66B | €1,768 | €996 | -€772 | -43.7% |
| Recurring financial charges | 65 | €1,768 | €996 | -€772 | -43.7% |
| Profit (loss) for the period before taxes | 9903 | €90,714 | €19,369 | -€71,346 | -78.6% |
| Income taxes | 67/77 | €19,936 | €5,137 | -€14,799 | -74.2% |
| Profit (loss) for the period | 9904 | €70,778 | €14,232 | -€56,546 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €70,778 | €14,232 | -€56,546 | -79.9% |
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 2 November 2026 via checked.be.