LOBATHO: 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.
LOBATHO
Largest movements
- Tangible fixed assets +€11,910
up €11,910 (+6.1%), from €195,221 to €207,132
of which Assets under construction and advance payments: +€22,895
- Profit (loss) carried forward +€11,478
up €11,478 (+47.6%), from -€24,097 to -€12,619
- Other debts +€10,764
up €10,764 (+22.8%), from €47,262 to €58,026
- Debts after one year -€8,029
down €8,029 (-6.5%), from €123,447 to €115,418
of which Financial debts: -€8,029
- Trade debts -€6,109
down €6,109 (-18.2%), from €33,543 to €27,434
- Tax, wage and social debts +€3,541
new in 2025: €3,541
- Gross operating margin +€38,868
up €38,868 (+6573.7%), from €591 to €39,459
- Depreciation +€12,866
up €12,866 (+125.2%), from €10,279 to €23,145
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 | €205,976 | €218,430 | +€12,454 | +6.0% |
| Fixed assets | 21/28 | €195,251 | €207,162 | +€11,910 | +6.1% |
| Tangible fixed assets | 22/27 | €195,221 | €207,132 | +€11,910 | +6.1% |
| Land and buildings | 22 | €177,940 | €166,955 | -€10,984 | -6.2% |
| Assets under construction and advance payments | 27 | €17,281 | €40,176 | +€22,895 | +132.5% |
| Financial fixed assets | 28 | €30 | €30 | = | 0.0% |
| Current assets | 29/58 | €10,725 | €11,268 | +€543 | +5.1% |
| Amounts receivable within one year | 40/41 | €9,444 | €9,221 | -€224 | -2.4% |
| Trade receivables | 40 | €1,486 | €9,116 | +€7,630 | +513.6% |
| Other amounts receivable | 41 | €7,958 | €105 | -€7,853 | -98.7% |
| Cash at bank and in hand | 54/58 | €303 | €2,047 | +€1,744 | +575.7% |
| Deferred charges and accrued income | 490/1 | €978 | - | -€978 | |
| Total equity and liabilities | 10/49 | €205,976 | €218,430 | +€12,454 | +6.0% |
| Equity | 10/15 | -€5,497 | €5,981 | +€11,478 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,097 | -€12,619 | +€11,478 | +47.6% |
| Amounts payable | 17/49 | €211,473 | €212,448 | +€976 | +0.5% |
| Amounts payable after more than one year | 17 | €123,447 | €115,418 | -€8,029 | -6.5% |
| Financial debts | 170/4 | €46,618 | €38,590 | -€8,029 | -17.2% |
| Other amounts payable | 178/9 | €76,829 | €76,829 | = | 0.0% |
| Amounts payable within one year | 42/48 | €88,026 | €97,030 | +€9,004 | +10.2% |
| Current portion of amounts payable after more than one year | 42 | €7,221 | €8,029 | +€808 | +11.2% |
| Trade debts | 44 | €33,543 | €27,434 | -€6,109 | -18.2% |
| Suppliers | 440/4 | €33,543 | €27,434 | -€6,109 | -18.2% |
| Taxes, remuneration and social security | 45 | - | €3,541 | +€3,541 | |
| Taxes | 450/3 | - | €3,541 | +€3,541 | |
| Other amounts payable | 47/48 | €47,262 | €58,026 | +€10,764 | +22.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,279 | €23,145 | +€12,866 | +125.2% |
| Other operating charges | 640/8 | €865 | €608 | -€258 | -29.8% |
| Gross operating margin | 9900 | €591 | €39,459 | +€38,868 | +6573.7% |
| Operating profit (loss) | 9901 | -€10,552 | €15,707 | +€26,259 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,546 | €4,229 | -€317 | -7.0% |
| Recurring financial charges | 65 | €4,546 | €4,229 | -€317 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | -€15,098 | €11,478 | +€26,576 | |
| Profit (loss) for the period | 9904 | -€15,098 | €11,478 | +€26,576 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,098 | €11,478 | +€26,576 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.