DE LOFT: what changed
Two financial 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.
DE LOFT
Largest movements
- Tangible fixed assets +€232,004
up €232,004 (+53.8%), from €430,972 to €662,976
of which Leasing and similar rights: +€163,003
- Cash -€22,118
down €22,118 (-83.5%), from €26,503 to €4,385
mainly Investment in fixed assets (net) (-€362,744) and Deferred charges and accrued income (-€14,964)
- Deferred charges and accrued income +€14,964
new in 2025: €14,964
- Intangible fixed assets -€10,938
down €10,938 (-66.7%), from €16,406 to €5,469
- Debts after one year +€160,525
up €160,525 (+60.4%), from €265,883 to €426,408
- Current portion of long-term debt +€34,266
up €34,266 (+51.6%), from €66,430 to €100,697
- Other debts +€20,000
new in 2025: €20,000
- Depreciation +€33,880
up €33,880 (+31.4%), from €107,797 to €141,677
- Taxes -€28,849
down €28,849 (-98.1%), from €29,418 to €569
- Gross operating margin +€9,045
up €9,045 (+6.0%), from €151,343 to €160,388
- Other operating charges -€5,542
down €5,542 (-46.4%), from €11,944 to €6,402
- Financial charges +€5,394
up €5,394 (+118.4%), from €4,557 to €9,951
From the 2024 result to the 2025 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 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €539,681 | €760,062 | +€220,380 | +40.8% |
| Fixed assets | 21/28 | €447,623 | €668,689 | +€221,067 | +49.4% |
| Intangible fixed assets | 21 | €16,406 | €5,469 | -€10,938 | -66.7% |
| Tangible fixed assets | 22/27 | €430,972 | €662,976 | +€232,004 | +53.8% |
| Land and buildings | 22 | €95,864 | €111,299 | +€15,435 | +16.1% |
| Plant, machinery and equipment | 23 | €223,515 | €285,349 | +€61,833 | +27.7% |
| Furniture and vehicles | 24 | €96,898 | €88,566 | -€8,332 | -8.6% |
| Leasing and similar rights | 25 | - | €163,003 | +€163,003 | |
| Other tangible fixed assets | 26 | €14,695 | €14,759 | +€64 | +0.4% |
| Financial fixed assets | 28 | €245 | €245 | = | 0.0% |
| Current assets | 29/58 | €92,058 | €91,372 | -€686 | -0.7% |
| Amounts receivable within one year | 40/41 | €65,556 | €72,023 | +€6,468 | +9.9% |
| Trade receivables | 40 | €10,020 | €6,456 | -€3,564 | -35.6% |
| Other amounts receivable | 41 | €55,536 | €65,568 | +€10,032 | +18.1% |
| Cash at bank and in hand | 54/58 | €26,503 | €4,385 | -€22,118 | -83.5% |
| Deferred charges and accrued income | 490/1 | - | €14,964 | +€14,964 | |
| Total equity and liabilities | 10/49 | €539,681 | €760,062 | +€220,380 | +40.8% |
| Equity | 10/15 | €184,559 | €190,250 | +€5,691 | +3.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Capital | 10 | €18,592 | €18,592 | = | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €165,967 | €171,658 | +€5,691 | +3.4% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Legal reserve | 130 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €904 | €904 | = | 0.0% |
| Distributable reserves | 133 | €163,203 | €168,894 | +€5,691 | +3.5% |
| Amounts payable | 17/49 | €355,123 | €569,812 | +€214,689 | +60.5% |
| Amounts payable after more than one year | 17 | €265,883 | €426,408 | +€160,525 | +60.4% |
| Financial debts | 170/4 | €265,883 | €426,408 | +€160,525 | +60.4% |
| Amounts payable within one year | 42/48 | €89,240 | €143,404 | +€54,164 | +60.7% |
| Current portion of amounts payable after more than one year | 42 | €66,430 | €100,697 | +€34,266 | +51.6% |
| Trade debts | 44 | €16,725 | €21,594 | +€4,870 | +29.1% |
| Suppliers | 440/4 | €16,725 | €21,594 | +€4,870 | +29.1% |
| Taxes, remuneration and social security | 45 | €6,085 | €1,113 | -€4,972 | -81.7% |
| Taxes | 450/3 | €6,085 | €1,113 | -€4,972 | -81.7% |
| Other amounts payable | 47/48 | - | €20,000 | +€20,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €107,797 | €141,677 | +€33,880 | +31.4% |
| Other operating charges | 640/8 | €11,944 | €6,402 | -€5,542 | -46.4% |
| Gross operating margin | 9900 | €151,343 | €160,388 | +€9,045 | +6.0% |
| Operating profit (loss) | 9901 | €31,603 | €12,309 | -€19,294 | -61.1% |
| Financial income | 75/76B | €2,965 | €3,902 | +€937 | +31.6% |
| Recurring financial income | 75 | €2,965 | €3,902 | +€937 | +31.6% |
| Financial charges | 65/66B | €4,557 | €9,951 | +€5,394 | +118.4% |
| Recurring financial charges | 65 | €4,557 | €9,951 | +€5,394 | +118.4% |
| Profit (loss) for the period before taxes | 9903 | €30,011 | €6,260 | -€23,751 | -79.1% |
| Income taxes | 67/77 | €29,418 | €569 | -€28,849 | -98.1% |
| Profit (loss) for the period | 9904 | €592 | €5,691 | +€5,099 | +860.6% |
| Profit (loss) for the period to be appropriated | 9905 | €592 | €5,691 | +€5,099 | +860.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.