LOFISC: 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.
LOFISC
Largest movements
- Cash +€24,397
up €24,397 (+161.1%), from €15,148 to €39,546
mainly Net result for the year (+€40,657) and Other debts (+€37,152)
- Receivables within one year -€13,577
down €13,577 (-76.2%), from €17,812 to €4,235
of which Trade receivables: -€13,454
- Tangible fixed assets +€4,309
up €4,309 (+274.5%), from €1,570 to €5,878
- Financial fixed assets +€1,550
up €1,550 (+4.5%), from €34,516 to €36,066
- Other debts +€37,152
up €37,152 (+183.0%), from €20,297 to €57,449
- Profit (loss) carried forward -€8,755
down €8,755 (-95.7%), from €9,149 to €394
- Debts after one year -€8,316
down €8,316 (-45.4%), from €18,316 to €10,000
- Reserves -€6,000
no longer reported in 2025 (was €6,000)
- Tax, wage and social debts +€3,723
up €3,723 (+79.5%), from €4,681 to €8,404
- Financial income -€8,228
down €8,228 (-99.4%), from €8,279 to €51
- Taxes +€2,724
up €2,724 (+21.2%), from €12,877 to €15,601
- Gross operating margin +€1,280
up €1,280 (+2.2%), from €58,581 to €59,861
- Financial charges -€848
down €848 (-36.3%), from €2,335 to €1,487
- Depreciation +€744
up €744 (+96.6%), from €770 to €1,514
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 | €69,045 | €85,725 | +€16,679 | +24.2% |
| Fixed assets | 21/28 | €36,086 | €41,944 | +€5,859 | +16.2% |
| Tangible fixed assets | 22/27 | €1,570 | €5,878 | +€4,309 | +274.5% |
| Furniture and vehicles | 24 | €1,570 | €5,878 | +€4,309 | +274.5% |
| Financial fixed assets | 28 | €34,516 | €36,066 | +€1,550 | +4.5% |
| Current assets | 29/58 | €32,960 | €43,781 | +€10,821 | +32.8% |
| Amounts receivable within one year | 40/41 | €17,812 | €4,235 | -€13,577 | -76.2% |
| Trade receivables | 40 | €17,689 | €4,235 | -€13,454 | -76.1% |
| Other amounts receivable | 41 | €123 | - | -€123 | |
| Cash at bank and in hand | 54/58 | €15,148 | €39,546 | +€24,397 | +161.1% |
| Total equity and liabilities | 10/49 | €69,045 | €85,725 | +€16,679 | +24.2% |
| Equity | 10/15 | €16,649 | €1,894 | -€14,755 | -88.6% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €6,000 | - | -€6,000 | |
| Distributable reserves | 133 | €6,000 | - | -€6,000 | |
| Profit (loss) carried forward | 14 | €9,149 | €394 | -€8,755 | -95.7% |
| Amounts payable | 17/49 | €52,397 | €83,831 | +€31,434 | +60.0% |
| Amounts payable after more than one year | 17 | €18,316 | €10,000 | -€8,316 | -45.4% |
| Financial debts | 170/4 | €18,316 | €10,000 | -€8,316 | -45.4% |
| Amounts payable within one year | 42/48 | €33,550 | €73,027 | +€39,477 | +117.7% |
| Current portion of amounts payable after more than one year | 42 | €8,089 | €6,316 | -€1,772 | -21.9% |
| Trade debts | 44 | €484 | €857 | +€373 | +77.1% |
| Suppliers | 440/4 | €484 | €857 | +€373 | +77.1% |
| Taxes, remuneration and social security | 45 | €4,681 | €8,404 | +€3,723 | +79.5% |
| Taxes | 450/3 | €4,681 | €8,404 | +€3,723 | +79.5% |
| Other amounts payable | 47/48 | €20,297 | €57,449 | +€37,152 | +183.0% |
| Accrued charges and deferred income | 492/3 | €530 | €804 | +€274 | +51.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €770 | €1,514 | +€744 | +96.6% |
| Other operating charges | 640/8 | €1,237 | €653 | -€584 | -47.2% |
| Gross operating margin | 9900 | €58,581 | €59,861 | +€1,280 | +2.2% |
| Operating profit (loss) | 9901 | €56,574 | €57,694 | +€1,120 | +2.0% |
| Financial income | 75/76B | €8,279 | €51 | -€8,228 | -99.4% |
| Recurring financial income | 75 | €8,279 | €51 | -€8,228 | -99.4% |
| Financial charges | 65/66B | €2,335 | €1,487 | -€848 | -36.3% |
| Recurring financial charges | 65 | €2,335 | €1,487 | -€848 | -36.3% |
| Profit (loss) for the period before taxes | 9903 | €62,518 | €56,258 | -€6,260 | -10.0% |
| Income taxes | 67/77 | €12,877 | €15,601 | +€2,724 | +21.2% |
| Profit (loss) for the period | 9904 | €49,641 | €40,657 | -€8,984 | -18.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,641 | €40,657 | -€8,984 | -18.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.