Lobos: 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.
Lobos
Largest movements
- Receivables within one year -€92,052
down €92,052 (-78.2%), from €117,674 to €25,622
of which Trade receivables: -€88,374
- Cash +€73,509
up €73,509 (+219.4%), from €33,498 to €107,007
mainly Receivables within one year (+€92,052) and Net result for the year (+€27,476)
- Receivables after one year +€10,000
new in 2025: €10,000
- Tangible fixed assets -€1,921
down €1,921 (-73.1%), from €2,629 to €707
- Accrued charges and deferred income -€40,000
no longer reported in 2025 (was €40,000)
- Profit (loss) carried forward +€27,476
up €27,476 (+58.9%), from €46,658 to €74,134
- Other debts +€7,049
up €7,049 (+115.8%), from €6,085 to €13,134
- Trade debts -€5,321
down €5,321 (-13.8%), from €38,580 to €33,259
- Tax, wage and social debts +€1,613
up €1,613 (+8.9%), from €18,209 to €19,822
of which Taxes: +€1,691
- Gross operating margin +€9,860
up €9,860 (+30.3%), from €32,489 to €42,348
- Taxes +€2,983
up €2,983 (+39.5%), from €7,547 to €10,531
- Financial charges -€1,039
down €1,039 (-30.2%), from €3,442 to €2,402
- Financial income +€759
up €759 (+583546.2%), from €0 to €759
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 | €154,531 | €145,349 | -€9,182 | -5.9% |
| Fixed assets | 21/28 | €2,629 | €707 | -€1,921 | -73.1% |
| Tangible fixed assets | 22/27 | €2,629 | €707 | -€1,921 | -73.1% |
| Furniture and vehicles | 24 | €2,629 | €707 | -€1,921 | -73.1% |
| Current assets | 29/58 | €151,903 | €144,642 | -€7,261 | -4.8% |
| Amounts receivable after more than one year | 29 | - | €10,000 | +€10,000 | |
| Other amounts receivable | 291 | - | €10,000 | +€10,000 | |
| Amounts receivable within one year | 40/41 | €117,674 | €25,622 | -€92,052 | -78.2% |
| Trade receivables | 40 | €111,085 | €22,711 | -€88,374 | -79.6% |
| Other amounts receivable | 41 | €6,590 | €2,911 | -€3,679 | -55.8% |
| Cash at bank and in hand | 54/58 | €33,498 | €107,007 | +€73,509 | +219.4% |
| Deferred charges and accrued income | 490/1 | €731 | €2,013 | +€1,282 | +175.5% |
| Total equity and liabilities | 10/49 | €154,531 | €145,349 | -€9,182 | -5.9% |
| Equity | 10/15 | €51,658 | €79,134 | +€27,476 | +53.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €46,658 | €74,134 | +€27,476 | +58.9% |
| Amounts payable | 17/49 | €102,874 | €66,215 | -€36,659 | -35.6% |
| Amounts payable within one year | 42/48 | €62,874 | €66,215 | +€3,341 | +5.3% |
| Trade debts | 44 | €38,580 | €33,259 | -€5,321 | -13.8% |
| Suppliers | 440/4 | €38,580 | €33,259 | -€5,321 | -13.8% |
| Taxes, remuneration and social security | 45 | €18,209 | €19,822 | +€1,613 | +8.9% |
| Taxes | 450/3 | €16,387 | €18,078 | +€1,691 | +10.3% |
| Remuneration and social security | 454/9 | €1,822 | €1,744 | -€78 | -4.3% |
| Other amounts payable | 47/48 | €6,085 | €13,134 | +€7,049 | +115.8% |
| Accrued charges and deferred income | 492/3 | €40,000 | - | -€40,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,921 | €1,921 | = | 0.0% |
| Other operating charges | 640/8 | €921 | €776 | -€145 | -15.8% |
| Gross operating margin | 9900 | €32,489 | €42,348 | +€9,860 | +30.3% |
| Operating profit (loss) | 9901 | €29,646 | €39,651 | +€10,005 | +33.7% |
| Financial income | 75/76B | €0 | €759 | +€759 | +583546.2% |
| Recurring financial income | 75 | €0 | €759 | +€759 | +583546.2% |
| Financial charges | 65/66B | €3,442 | €2,402 | -€1,039 | -30.2% |
| Recurring financial charges | 65 | €3,442 | €2,402 | -€1,039 | -30.2% |
| Profit (loss) for the period before taxes | 9903 | €26,204 | €38,007 | +€11,803 | +45.0% |
| Income taxes | 67/77 | €7,547 | €10,531 | +€2,983 | +39.5% |
| Profit (loss) for the period | 9904 | €18,657 | €27,476 | +€8,819 | +47.3% |
| Profit (loss) for the period to be appropriated | 9905 | €18,657 | €27,476 | +€8,819 | +47.3% |
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 5 October 2026 via checked.be.