LO-AUTO: 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.
LO-AUTO
Largest movements
- Tangible fixed assets +€705,135
up €705,135 (+825.6%), from €85,409 to €790,544
of which Land and buildings: +€706,482
- Current investments -€460,000
no longer reported in 2025 (was €460,000)
- Cash -€87,072
down €87,072 (-46.8%), from €185,940 to €98,868
mainly Investment in fixed assets (net) (-€744,049) and Trade debts (-€31,483)
- Receivables within one year -€38,991
down €38,991 (-15.2%), from €256,847 to €217,856
of which Other amounts receivable: -€59,942
- Stocks and contracts +€16,936
up €16,936 (+6.0%), from €281,239 to €298,175
- Tax, wage and social debts +€93,502
up €93,502 (+182.3%), from €51,294 to €144,796
of which Taxes: +€88,478
- Other debts +€67,998
up €67,998 (+648.5%), from €10,485 to €78,483
- Trade debts -€31,483
down €31,483 (-23.0%), from €136,643 to €105,160
- Turnover -€76,526
down €76,526 (-7.5%), from €1.0m to €937,960
- Gross operating margin -€63,860
down €63,860 (-21.3%), from €299,328 to €235,468
- Purchases and services -€59,516
down €59,516 (-7.8%), from €762,008 to €702,492
- Staff costs -€25,329
down €25,329 (-12.6%), from €201,180 to €175,851
- Depreciation +€21,011
up €21,011 (+112.5%), from €18,683 to €39,694
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 | €1,276,578 | €1,411,055 | +€134,477 | +10.5% |
| Fixed assets | 21/28 | €87,597 | €791,952 | +€704,355 | +804.1% |
| Intangible fixed assets | 21 | €2,188 | €1,408 | -€780 | -35.6% |
| Tangible fixed assets | 22/27 | €85,409 | €790,544 | +€705,135 | +825.6% |
| Land and buildings | 22 | €42,963 | €749,445 | +€706,482 | +1644.4% |
| Plant, machinery and equipment | 23 | €8,796 | €10,920 | +€2,124 | +24.1% |
| Furniture and vehicles | 24 | €33,650 | €30,179 | -€3,471 | -10.3% |
| Current assets | 29/58 | €1,188,981 | €619,103 | -€569,878 | -47.9% |
| Stocks and contracts in progress | 3 | €281,239 | €298,175 | +€16,936 | +6.0% |
| Stocks | 30/36 | €281,239 | €298,175 | +€16,936 | +6.0% |
| Amounts receivable within one year | 40/41 | €256,847 | €217,856 | -€38,991 | -15.2% |
| Trade receivables | 40 | €184,461 | €205,412 | +€20,951 | +11.4% |
| Other amounts receivable | 41 | €72,386 | €12,444 | -€59,942 | -82.8% |
| Current investments | 50/53 | €460,000 | - | -€460,000 | |
| Cash at bank and in hand | 54/58 | €185,940 | €98,868 | -€87,072 | -46.8% |
| Deferred charges and accrued income | 490/1 | €4,955 | €4,204 | -€751 | -15.2% |
| Total equity and liabilities | 10/49 | €1,276,578 | €1,411,055 | +€134,477 | +10.5% |
| Equity | 10/15 | €989,294 | €995,386 | +€6,092 | +0.6% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €952,110 | €958,202 | +€6,092 | +0.6% |
| Non-distributable reserves | 130/1 | €60,000 | €74,500 | +€14,500 | +24.2% |
| Other | 1319 | €60,000 | €74,500 | +€14,500 | +24.2% |
| Tax-exempt reserves | 132 | €308,387 | €299,735 | -€8,652 | -2.8% |
| Distributable reserves | 133 | €583,723 | €583,967 | +€244 | 0.0% |
| Provisions and deferred taxes | 16 | €77,097 | €74,934 | -€2,163 | -2.8% |
| Deferred taxes | 168 | €77,097 | €74,934 | -€2,163 | -2.8% |
| Amounts payable | 17/49 | €210,187 | €340,735 | +€130,548 | +62.1% |
| Amounts payable within one year | 42/48 | €199,997 | €330,031 | +€130,034 | +65.0% |
| Current portion of amounts payable after more than one year | 42 | €1,575 | €1,592 | +€17 | +1.1% |
| Trade debts | 44 | €136,643 | €105,160 | -€31,483 | -23.0% |
| Suppliers | 440/4 | €136,643 | €105,160 | -€31,483 | -23.0% |
| Taxes, remuneration and social security | 45 | €51,294 | €144,796 | +€93,502 | +182.3% |
| Taxes | 450/3 | €12,928 | €101,406 | +€88,478 | +684.4% |
| Remuneration and social security | 454/9 | €38,366 | €43,390 | +€5,024 | +13.1% |
| Other amounts payable | 47/48 | €10,485 | €78,483 | +€67,998 | +648.5% |
| Accrued charges and deferred income | 492/3 | €10,190 | €10,704 | +€514 | +5.0% |
| Turnover | 70 | €1,014,486 | €937,960 | -€76,526 | -7.5% |
| Non-recurring operating income | 76A | €46,850 | - | -€46,850 | |
| Goods, raw materials, services and sundry goods | 60/61 | €762,008 | €702,492 | -€59,516 | -7.8% |
| Remuneration, social security and pensions | 62 | €201,180 | €175,851 | -€25,329 | -12.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,683 | €39,694 | +€21,011 | +112.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,883 | - | -€9,883 | |
| Other operating charges | 640/8 | €4,347 | €15,869 | +€11,522 | +265.1% |
| Gross operating margin | 9900 | €299,328 | €235,468 | -€63,860 | -21.3% |
| Operating profit (loss) | 9901 | €65,235 | €4,054 | -€61,181 | -93.8% |
| Financial income | 75/76B | €15,627 | €15,011 | -€616 | -3.9% |
| Recurring financial income | 75 | €15,627 | €15,011 | -€616 | -3.9% |
| Financial charges | 65/66B | €4,246 | €6,759 | +€2,513 | +59.2% |
| Recurring financial charges | 65 | €4,246 | €6,759 | +€2,513 | +59.2% |
| Profit (loss) for the period before taxes | 9903 | €76,616 | €12,306 | -€64,310 | -83.9% |
| Transfer from deferred taxes | 780 | €1,774 | €2,163 | +€389 | +21.9% |
| Income taxes | 67/77 | €21,061 | €8,377 | -€12,684 | -60.2% |
| Profit (loss) for the period | 9904 | €57,329 | €6,092 | -€51,237 | -89.4% |
| Transfer from tax-exempt reserves | 789 | €7,095 | €8,652 | +€1,557 | +21.9% |
| Profit (loss) for the period to be appropriated | 9905 | €64,424 | €14,744 | -€49,680 | -77.1% |
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 11 October 2026 via checked.be.