Dr. Lotte Deleu: what changed
Dr. Lotte Deleu
Largest movements
- Cash +€40,800
up €40,800 (+902%), from €4,523 to €45,323
mainly Net result for the year (+€52,724) and Tax, wage and social debts (+€5,208)
- Receivables within one year +€12,747
new in 2025: €12,747
- Tangible fixed assets -€9,612
down €9,612 (-66.2%), from €14,520 to €4,908
of which Furniture and vehicles: -€5,030
- Reserves +€54,828
new in 2025: €54,828
- Other debts -€13,556
down €13,556 (-95.5%), from €14,189 to €633
- Tax, wage and social debts +€5,208
up €5,208 (+487%), from €1,070 to €6,278
of which Taxes: +€5,115
- Profit (loss) carried forward -€2,737
down €2,737 (-100%), from €2,737 to €0
- Gross operating margin +€67,242
up €67,242 (+986%), from €6,821 to €74,063
- Taxes +€13,107
up €13,107 (+1,225%), from €1,070 to €14,177
- Depreciation +€3,746
up €3,746 (+292%), from €1,284 to €5,030
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 | €20,656 | €64,011 | +€43,355 | +210% |
| Fixed assets | 21/28 | €14,520 | €4,908 | -€9,612 | -66.2% |
| Tangible fixed assets | 22/27 | €14,520 | €4,908 | -€9,612 | -66.2% |
| Plant, machinery and equipment | 23 | €4,582 | €0 | -€4,582 | -100% |
| Furniture and vehicles | 24 | €9,937 | €4,908 | -€5,030 | -50.6% |
| Current assets | 29/58 | €6,136 | €59,103 | +€52,967 | +863% |
| Amounts receivable within one year | 40/41 | - | €12,747 | +€12,747 | |
| Other amounts receivable | 41 | - | €12,747 | +€12,747 | |
| Cash at bank and in hand | 54/58 | €4,523 | €45,323 | +€40,800 | +902% |
| Deferred charges and accrued income | 490/1 | €1,613 | €1,033 | -€580 | -36.0% |
| Total equity and liabilities | 10/49 | €20,656 | €64,011 | +€43,355 | +210% |
| Equity | 10/15 | €3,737 | €55,828 | +€52,091 | +1,394% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | - | €54,828 | +€54,828 | |
| Distributable reserves | 133 | - | €54,828 | +€54,828 | |
| Profit (loss) carried forward | 14 | €2,737 | €0 | -€2,737 | -100% |
| Amounts payable | 17/49 | €16,919 | €8,183 | -€8,736 | -51.6% |
| Amounts payable within one year | 42/48 | €16,919 | €8,183 | -€8,736 | -51.6% |
| Trade debts | 44 | €1,660 | €1,272 | -€387 | -23.3% |
| Suppliers | 440/4 | €1,660 | €1,272 | -€387 | -23.3% |
| Taxes, remuneration and social security | 45 | €1,070 | €6,278 | +€5,208 | +487% |
| Taxes | 450/3 | €1,070 | €6,185 | +€5,115 | +478% |
| Remuneration and social security | 454/9 | - | €92 | +€92 | |
| Other amounts payable | 47/48 | €14,189 | €633 | -€13,556 | -95.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,284 | €5,030 | +€3,746 | +292% |
| Other operating charges | 640/8 | €196 | €410 | +€214 | +109% |
| Non-recurring operating charges | 66A | - | €1,582 | +€1,582 | |
| Gross operating margin | 9900 | €6,821 | €74,063 | +€67,242 | +986% |
| Operating profit (loss) | 9901 | €5,340 | €67,041 | +€61,700 | +1,155% |
| Financial income | 75/76B | €1 | €1 | -€0 | -38.8% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -38.8% |
| Financial charges | 65/66B | €17 | €140 | +€123 | +740% |
| Recurring financial charges | 65 | €17 | €140 | +€123 | +740% |
| Profit (loss) for the period before taxes | 9903 | €5,325 | €66,901 | +€61,577 | +1,156% |
| Income taxes | 67/77 | €1,070 | €14,177 | +€13,107 | +1,225% |
| Profit (loss) for the period | 9904 | €4,255 | €52,724 | +€48,470 | +1,139% |
| Profit (loss) for the period to be appropriated | 9905 | €4,255 | €52,724 | +€48,470 | +1,139% |
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.