LOFT CONSTRUCT: 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.
LOFT CONSTRUCT
Largest movements
- Stocks and contracts +€1.0m
up €1.0m (+131.7%), from €780,198 to €1.8m
- Short-term financial debts +€983,564
up €983,564 (+125.8%), from €781,613 to €1.8m
- Accrued charges and deferred income +€151,060
new in 2025: €151,060
- Trade debts -€122,795
down €122,795 (-69.6%), from €176,477 to €53,682
- Gross operating margin -€226,464
down €226,464 (-79.7%), from €284,207 to €57,743
- Depreciation -€111,000
no longer reported in 2025 (was €111,000)
- Financial charges +€18,545
up €18,545 (+139.9%), from €13,254 to €31,799
- Taxes -€12,560
no longer reported in 2025 (was €12,560)
- Other operating charges -€3,897
down €3,897 (-79.6%), from €4,895 to €998
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 | €2,595,871 | €3,620,396 | +€1.0m | +39.5% |
| Fixed assets | 21/28 | €66,363 | €66,363 | = | 0.0% |
| Tangible fixed assets | 22/27 | €65,363 | €65,363 | = | 0.0% |
| Land and buildings | 22 | €65,363 | €65,363 | = | 0.0% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €2,529,508 | €3,554,033 | +€1.0m | +40.5% |
| Stocks and contracts in progress | 3 | €780,198 | €1,807,373 | +€1.0m | +131.7% |
| Stocks | 30/36 | €780,198 | €1,807,373 | +€1.0m | +131.7% |
| Amounts receivable within one year | 40/41 | €1,744,632 | €1,735,985 | -€8,647 | -0.5% |
| Other amounts receivable | 41 | €1,744,632 | €1,735,985 | -€8,647 | -0.5% |
| Cash at bank and in hand | 54/58 | €4,677 | €10,675 | +€5,997 | +128.2% |
| Total equity and liabilities | 10/49 | €2,595,871 | €3,620,396 | +€1.0m | +39.5% |
| Equity | 10/15 | €469,225 | €494,171 | +€24,946 | +5.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €7,000 | €7,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €392,225 | €417,171 | +€24,946 | +6.4% |
| Amounts payable | 17/49 | €2,126,646 | €3,126,225 | +€999,579 | +47.0% |
| Amounts payable within one year | 42/48 | €2,126,646 | €2,975,165 | +€848,519 | +39.9% |
| Financial debts | 43 | €781,613 | €1,765,176 | +€983,564 | +125.8% |
| Credit institutions | 430/8 | €781,613 | €1,765,176 | +€983,564 | +125.8% |
| Trade debts | 44 | €176,477 | €53,682 | -€122,795 | -69.6% |
| Suppliers | 440/4 | €176,477 | €53,682 | -€122,795 | -69.6% |
| Taxes, remuneration and social security | 45 | €19,902 | €19,902 | +€1 | 0.0% |
| Taxes | 450/3 | €19,902 | €19,902 | +€1 | 0.0% |
| Other amounts payable | 47/48 | €1,148,655 | €1,136,405 | -€12,250 | -1.1% |
| Accrued charges and deferred income | 492/3 | - | €151,060 | +€151,060 | |
| Remuneration, social security and pensions | 62 | €164 | - | -€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €111,000 | - | -€111,000 | |
| Other operating charges | 640/8 | €4,895 | €998 | -€3,897 | -79.6% |
| Gross operating margin | 9900 | €284,207 | €57,743 | -€226,464 | -79.7% |
| Operating profit (loss) | 9901 | €168,148 | €56,744 | -€111,403 | -66.3% |
| Financial income | 75/76B | €1,446 | - | -€1,446 | |
| Recurring financial income | 75 | €1,446 | - | -€1,446 | |
| Financial charges | 65/66B | €13,254 | €31,799 | +€18,545 | +139.9% |
| Recurring financial charges | 65 | €13,254 | €31,799 | +€18,545 | +139.9% |
| Profit (loss) for the period before taxes | 9903 | €156,340 | €24,946 | -€131,394 | -84.0% |
| Income taxes | 67/77 | €12,560 | - | -€12,560 | |
| Profit (loss) for the period | 9904 | €143,780 | €24,946 | -€118,834 | -82.7% |
| Profit (loss) for the period to be appropriated | 9905 | €143,780 | €24,946 | -€118,834 | -82.7% |
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.