LOFAMAT: what changed
LOFAMAT
Largest movements
- Tangible fixed assets -€13,153
down €13,153 (-27.2%), from €48,376 to €35,223
of which Furniture and vehicles: -€11,340
- Receivables within one year -€3,524
down €3,524 (-99.4%), from €3,544 to €20
of which Trade receivables: -€3,524
- Debts after one year -€12,770
down €12,770 (-51.1%), from €24,970 to €12,200
of which Financial debts: -€12,770
- Current portion of long-term debt -€11,164
down €11,164 (-46.6%), from €23,934 to €12,770
- Profit (loss) carried forward +€7,157
up €7,157 (+44.5%), from -€16,075 to -€8,918
- Trade debts +€5,909
up €5,909 (+66.5%), from €8,890 to €14,799
- Tax, wage and social debts -€5,707
down €5,707 (-77.3%), from €7,387 to €1,680
- Gross operating margin +€31,891
up €31,891, from -€12,040 to €19,851
- Provisions +€7,875
no longer reported in 2025 (was -€7,875)
- Financial income -€909
down €909 (-34.7%), from €2,620 to €1,711
- Other operating charges +€678
new in 2025: €678
- Financial charges -€622
down €622 (-55.2%), from €1,127 to €505
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €65,105 | €48,529 | -€16,576 | -25.5% |
| Fixed assets | 21/28 | €48,376 | €35,223 | -€13,153 | -27.2% |
| Tangible fixed assets | 22/27 | €48,376 | €35,223 | -€13,153 | -27.2% |
| Furniture and vehicles | 24 | €43,316 | €31,976 | -€11,340 | -26.2% |
| Other tangible fixed assets | 26 | €5,060 | €3,248 | -€1,813 | -35.8% |
| Current assets | 29/58 | €16,730 | €13,306 | -€3,424 | -20.5% |
| Amounts receivable within one year | 40/41 | €3,544 | €20 | -€3,524 | -99.4% |
| Trade receivables | 40 | €3,524 | - | -€3,524 | |
| Other amounts receivable | 41 | €20 | €20 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,300 | €8,400 | +€100 | +1.2% |
| Deferred charges and accrued income | 490/1 | €4,886 | €4,886 | = | 0.0% |
| Total equity and liabilities | 10/49 | €65,105 | €48,529 | -€16,576 | -25.5% |
| Equity | 10/15 | -€76 | €7,080 | +€7,157 | |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Reserves | 13 | €3,998 | €3,998 | = | 0.0% |
| Distributable reserves | 133 | €3,998 | €3,998 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,075 | -€8,918 | +€7,157 | +44.5% |
| Amounts payable | 17/49 | €65,181 | €41,449 | -€23,733 | -36.4% |
| Amounts payable after more than one year | 17 | €24,970 | €12,200 | -€12,770 | -51.1% |
| Financial debts | 170/4 | €18,770 | €6,000 | -€12,770 | -68.0% |
| Other amounts payable | 178/9 | €6,200 | €6,200 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,212 | €29,249 | -€10,963 | -27.3% |
| Current portion of amounts payable after more than one year | 42 | €23,934 | €12,770 | -€11,164 | -46.6% |
| Trade debts | 44 | €8,890 | €14,799 | +€5,909 | +66.5% |
| Suppliers | 440/4 | €8,890 | €14,799 | +€5,909 | +66.5% |
| Taxes, remuneration and social security | 45 | €7,387 | €1,680 | -€5,707 | -77.3% |
| Taxes | 450/3 | €7,387 | €1,680 | -€5,707 | -77.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,153 | €13,153 | = | 0.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€7,875 | - | +€7,875 | |
| Other operating charges | 640/8 | - | €678 | +€678 | |
| Gross operating margin | 9900 | -€12,040 | €19,851 | +€31,891 | |
| Operating profit (loss) | 9901 | -€17,317 | €6,021 | +€23,338 | |
| Financial income | 75/76B | €2,620 | €1,711 | -€909 | -34.7% |
| Recurring financial income | 75 | €734 | €1,711 | +€976 | +133% |
| Non-recurring financial income | 76B | €1,886 | €1,711 | -€175 | -9.3% |
| Financial charges | 65/66B | €1,127 | €505 | -€622 | -55.2% |
| Recurring financial charges | 65 | €1,127 | €505 | -€622 | -55.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,824 | €7,226 | +€23,050 | |
| Income taxes | 67/77 | €251 | €70 | -€181 | -72.1% |
| Profit (loss) for the period | 9904 | -€16,075 | €7,157 | +€23,231 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,075 | €7,157 | +€23,231 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.