LO_TEK: what changed
Two fiscal 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_TEK
Largest movements
- Receivables within one year -€16,760
down €16,760 (-51.9%), from €32,305 to €15,545
of which Other amounts receivable: -€8,550
- Cash +€13,502
up €13,502 (+206.1%), from €6,550 to €20,052
mainly Receivables within one year (+€16,760) and Net result for the year (+€9,407)
- Other debts -€11,500
down €11,500 (-100.0%), from €11,500 to €0
- Reserves +€9,407
up €9,407 (+10.1%), from €92,875 to €102,282
of which Distributable reserves: +€9,407
- Trade debts +€6,903
up €6,903 (+524.3%), from €1,317 to €8,220
- Tax, wage and social debts -€6,051
down €6,051 (-38.3%), from €15,799 to €9,748
- Gross operating margin -€10,923
down €10,923 (-40.6%), from €26,901 to €15,978
- Taxes -€2,583
down €2,583 (-31.0%), from €8,338 to €5,756
- Financial charges +€859
up €859 (+24.9%), from €3,446 to €4,304
- Financial income +€416
up €416 (+10.5%), from €3,962 to €4,378
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 | €137,624 | €135,628 | -€1,996 | -1.5% |
| Fixed assets | 21/28 | €253 | €1,156 | +€903 | +356.9% |
| Tangible fixed assets | 22/27 | €253 | €1,156 | +€903 | +356.9% |
| Plant, machinery and equipment | 23 | €253 | €1,156 | +€903 | +356.9% |
| Current assets | 29/58 | €137,371 | €134,472 | -€2,899 | -2.1% |
| Amounts receivable after more than one year | 29 | €94,511 | €94,511 | = | 0.0% |
| Other amounts receivable | 291 | €94,511 | €94,511 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,305 | €15,545 | -€16,760 | -51.9% |
| Trade receivables | 40 | €8,211 | €0 | -€8,211 | -100.0% |
| Other amounts receivable | 41 | €24,094 | €15,545 | -€8,550 | -35.5% |
| Cash at bank and in hand | 54/58 | €6,550 | €20,052 | +€13,502 | +206.1% |
| Deferred charges and accrued income | 490/1 | €4,004 | €4,364 | +€359 | +9.0% |
| Total equity and liabilities | 10/49 | €137,624 | €135,628 | -€1,996 | -1.5% |
| Equity | 10/15 | €100,515 | €109,922 | +€9,407 | +9.4% |
| Contributions | 10/11 | €7,640 | €7,640 | = | 0.0% |
| Reserves | 13 | €92,875 | €102,282 | +€9,407 | +10.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €92,875 | €102,282 | +€9,407 | +10.1% |
| Amounts payable | 17/49 | €37,109 | €25,706 | -€11,402 | -30.7% |
| Amounts payable after more than one year | 17 | €7,738 | €7,738 | = | 0.0% |
| Financial debts | 170/4 | €7,738 | €7,738 | = | 0.0% |
| Amounts payable within one year | 42/48 | €28,615 | €17,968 | -€10,648 | -37.2% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €1,317 | €8,220 | +€6,903 | +524.3% |
| Suppliers | 440/4 | €1,317 | €8,220 | +€6,903 | +524.3% |
| Taxes, remuneration and social security | 45 | €15,799 | €9,748 | -€6,051 | -38.3% |
| Taxes | 450/3 | €15,799 | €9,748 | -€6,051 | -38.3% |
| Other amounts payable | 47/48 | €11,500 | €0 | -€11,500 | -100.0% |
| Accrued charges and deferred income | 492/3 | €755 | €0 | -€755 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €305 | €377 | +€72 | +23.6% |
| Other operating charges | 640/8 | €534 | €512 | -€22 | -4.1% |
| Gross operating margin | 9900 | €26,901 | €15,978 | -€10,923 | -40.6% |
| Operating profit (loss) | 9901 | €26,062 | €15,088 | -€10,974 | -42.1% |
| Financial income | 75/76B | €3,962 | €4,378 | +€416 | +10.5% |
| Recurring financial income | 75 | €3,962 | €4,378 | +€416 | +10.5% |
| Financial charges | 65/66B | €3,446 | €4,304 | +€859 | +24.9% |
| Recurring financial charges | 65 | €3,446 | €4,304 | +€859 | +24.9% |
| Profit (loss) for the period before taxes | 9903 | €26,578 | €15,162 | -€11,416 | -43.0% |
| Income taxes | 67/77 | €8,338 | €5,756 | -€2,583 | -31.0% |
| Profit (loss) for the period | 9904 | €18,239 | €9,407 | -€8,833 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €18,239 | €9,407 | -€8,833 | -48.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.