LOAM: 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.
LOAM
Largest movements
- Cash +€53,132
up €53,132 (+647.2%), from €8,209 to €61,341
mainly Net result for the year (+€54,965) and Tax, wage and social debts (+€14,726)
- Receivables within one year +€15,872
up €15,872 (+522.4%), from €3,038 to €18,911
of which Trade receivables: +€15,947
- Profit (loss) carried forward +€54,965
up €54,965 (+794.9%), from €6,915 to €61,880
- Tax, wage and social debts +€14,726
up €14,726 (+287.5%), from €5,123 to €19,849
of which Taxes: +€12,226
- Trade debts -€1,309
down €1,309 (-71.7%), from €1,826 to €518
- Gross operating margin +€74,785
up €74,785, from -€263 to €74,522
- Taxes +€12,630
up €12,630 (+6930.5%), from €182 to €12,812
- Other operating charges +€3,933
up €3,933 (+1378.2%), from €285 to €4,219
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 | €16,215 | €85,388 | +€69,173 | +426.6% |
| Fixed assets | 21/28 | €4,643 | €4,474 | -€169 | -3.6% |
| Tangible fixed assets | 22/27 | €4,643 | €4,474 | -€169 | -3.6% |
| Furniture and vehicles | 24 | €4,643 | €4,474 | -€169 | -3.6% |
| Current assets | 29/58 | €11,572 | €80,915 | +€69,343 | +599.2% |
| Amounts receivable within one year | 40/41 | €3,038 | €18,911 | +€15,872 | +522.4% |
| Trade receivables | 40 | €2,000 | €17,947 | +€15,947 | +797.4% |
| Other amounts receivable | 41 | €1,038 | €963 | -€75 | -7.2% |
| Cash at bank and in hand | 54/58 | €8,209 | €61,341 | +€53,132 | +647.2% |
| Deferred charges and accrued income | 490/1 | €325 | €663 | +€338 | +104.2% |
| Total equity and liabilities | 10/49 | €16,215 | €85,388 | +€69,173 | +426.6% |
| Equity | 10/15 | €8,915 | €63,880 | +€54,965 | +616.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,915 | €61,880 | +€54,965 | +794.9% |
| Amounts payable | 17/49 | €7,300 | €21,508 | +€14,208 | +194.6% |
| Amounts payable within one year | 42/48 | €7,300 | €21,508 | +€14,208 | +194.6% |
| Trade debts | 44 | €1,826 | €518 | -€1,309 | -71.7% |
| Suppliers | 440/4 | €1,826 | €518 | -€1,309 | -71.7% |
| Taxes, remuneration and social security | 45 | €5,123 | €19,849 | +€14,726 | +287.5% |
| Taxes | 450/3 | €5,123 | €17,349 | +€12,226 | +238.7% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €351 | €1,142 | +€791 | +225.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €919 | €1,028 | +€109 | +11.9% |
| Other operating charges | 640/8 | €285 | €4,219 | +€3,933 | +1378.2% |
| Gross operating margin | 9900 | -€263 | €74,522 | +€74,785 | |
| Operating profit (loss) | 9901 | -€1,468 | €69,275 | +€70,743 | |
| Financial income | 75/76B | - | €5 | +€5 | |
| Recurring financial income | 75 | - | €5 | +€5 | |
| Financial charges | 65/66B | €1,829 | €1,503 | -€326 | -17.8% |
| Recurring financial charges | 65 | €1,829 | €1,503 | -€326 | -17.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,297 | €67,777 | +€71,074 | |
| Income taxes | 67/77 | €182 | €12,812 | +€12,630 | +6930.5% |
| Profit (loss) for the period | 9904 | -€3,479 | €54,965 | +€58,444 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,479 | €54,965 | +€58,444 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.