LOFA: 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.
LOFA
Largest movements
- Cash -€54
down €54 (-66.5%), from €82 to €27
mainly Net result for the year (-€1,551)
- Profit (loss) carried forward -€1,551
down €1,551 (-24.6%), from -€6,306 to -€7,856
- Other debts +€1,496
up €1,496 (+4417.3%), from €34 to €1,530
- Gross operating margin -€1,283
down €1,283 (-2010.2%), from -€64 to -€1,346
- Other operating charges -€388
down €388 (-70.9%), from €547 to €159
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 | €82 | €27 | -€54 | -66.5% |
| Current assets | 29/58 | €82 | €27 | -€54 | -66.5% |
| Cash at bank and in hand | 54/58 | €82 | €27 | -€54 | -66.5% |
| Total equity and liabilities | 10/49 | €82 | €27 | -€54 | -66.5% |
| Equity | 10/15 | €48 | -€1,503 | -€1,551 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €154 | €154 | = | 0.0% |
| Non-distributable reserves | 130/1 | €154 | €154 | = | 0.0% |
| Legal reserve | 130 | €154 | €154 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,306 | -€7,856 | -€1,551 | -24.6% |
| Amounts payable | 17/49 | €34 | €1,530 | +€1,496 | +4417.3% |
| Amounts payable within one year | 42/48 | €34 | €1,530 | +€1,496 | +4417.3% |
| Other amounts payable | 47/48 | €34 | €1,530 | +€1,496 | +4417.3% |
| Other operating charges | 640/8 | €547 | €159 | -€388 | -70.9% |
| Gross operating margin | 9900 | -€64 | -€1,346 | -€1,283 | -2010.2% |
| Operating profit (loss) | 9901 | -€611 | -€1,506 | -€895 | -146.4% |
| Financial charges | 65/66B | €45 | €45 | = | 0.0% |
| Recurring financial charges | 65 | €45 | €45 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€656 | -€1,551 | -€895 | -136.4% |
| Profit (loss) for the period | 9904 | -€656 | -€1,551 | -€895 | -136.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€656 | -€1,551 | -€895 | -136.4% |
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 7 October 2026 via checked.be.