Dr. Lowie Lien: 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.
Dr. Lowie Lien
Largest movements
- Cash +€39,861
up €39,861 (+449.9%), from €8,859 to €48,721
mainly Net result for the year (+€30,050) and Tax, wage and social debts (+€12,182)
- Deferred charges and accrued income +€3,027
new in 2025: €3,027
- Reserves +€30,050
up €30,050 (+788.1%), from €3,813 to €33,863
- Tax, wage and social debts +€12,182
up €12,182 (+436.6%), from €2,790 to €14,972
of which Taxes: +€7,582
- Other debts +€1,143
up €1,143 (+127.2%), from €899 to €2,041
- Gross operating margin +€33,663
up €33,663 (+681.4%), from €4,940 to €38,604
- Taxes +€6,682
up €6,682 (+674.9%), from €990 to €7,672
- Depreciation +€642
up €642 (+1368.9%), from €47 to €689
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 | €11,077 | €54,025 | +€42,948 | +387.7% |
| Fixed assets | 21/28 | €1,787 | €2,278 | +€491 | +27.5% |
| Tangible fixed assets | 22/27 | €1,787 | €2,278 | +€491 | +27.5% |
| Plant, machinery and equipment | 23 | €1,787 | €2,278 | +€491 | +27.5% |
| Current assets | 29/58 | €9,290 | €51,747 | +€42,457 | +457.0% |
| Amounts receivable within one year | 40/41 | €431 | - | -€431 | |
| Trade receivables | 40 | €431 | - | -€431 | |
| Cash at bank and in hand | 54/58 | €8,859 | €48,721 | +€39,861 | +449.9% |
| Deferred charges and accrued income | 490/1 | - | €3,027 | +€3,027 | |
| Total equity and liabilities | 10/49 | €11,077 | €54,025 | +€42,948 | +387.7% |
| Equity | 10/15 | €6,313 | €36,363 | +€30,050 | +476.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €3,813 | €33,863 | +€30,050 | +788.1% |
| Distributable reserves | 133 | €3,813 | €33,863 | +€30,050 | +788.1% |
| Amounts payable | 17/49 | €4,764 | €17,662 | +€12,898 | +270.7% |
| Amounts payable within one year | 42/48 | €4,764 | €17,662 | +€12,898 | +270.7% |
| Trade debts | 44 | €1,075 | €649 | -€426 | -39.7% |
| Suppliers | 440/4 | €1,075 | €649 | -€426 | -39.7% |
| Taxes, remuneration and social security | 45 | €2,790 | €14,972 | +€12,182 | +436.6% |
| Taxes | 450/3 | €2,790 | €10,372 | +€7,582 | +271.7% |
| Remuneration and social security | 454/9 | - | €4,600 | +€4,600 | |
| Other amounts payable | 47/48 | €899 | €2,041 | +€1,143 | +127.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €47 | €689 | +€642 | +1368.9% |
| Other operating charges | 640/8 | - | €186 | +€186 | |
| Gross operating margin | 9900 | €4,940 | €38,604 | +€33,663 | +681.4% |
| Operating profit (loss) | 9901 | €4,894 | €37,729 | +€32,836 | +671.0% |
| Financial charges | 65/66B | €90 | €8 | -€83 | -91.4% |
| Recurring financial charges | 65 | €90 | €8 | -€83 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | €4,803 | €37,722 | +€32,918 | +685.3% |
| Income taxes | 67/77 | €990 | €7,672 | +€6,682 | +674.9% |
| Profit (loss) for the period | 9904 | €3,813 | €30,050 | +€26,237 | +688.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,813 | €30,050 | +€26,237 | +688.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.