LOFTING: what changed
Two financial 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.
LOFTING
Largest movements
- Stocks and contracts -€538,929
down €538,929 (-94.7%), from €568,929 to €30,000
- Receivables within one year +€466,991
up €466,991 (+8630.4%), from €5,411 to €472,402
of which Other amounts receivable: +€315,931
- Other debts -€170,352
down €170,352 (-32.8%), from €518,818 to €348,466
- Profit (loss) carried forward +€116,166
up €116,166, from -€72,949 to €43,217
- Tax, wage and social debts -€16,640
down €16,640 (-93.6%), from €17,771 to €1,131
- Gross operating margin -€51,243
down €51,243 (-30.7%), from €166,873 to €115,629
- Financial charges -€28,347
down €28,347 (-98.6%), from €28,762 to €415
- Financial income +€1,949
up €1,949 (+207368.1%), from €1 to €1,950
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 | €576,859 | €508,030 | -€68,829 | -11.9% |
| Current assets | 29/58 | €576,859 | €508,030 | -€68,829 | -11.9% |
| Stocks and contracts in progress | 3 | €568,929 | €30,000 | -€538,929 | -94.7% |
| Stocks | 30/36 | €568,929 | €30,000 | -€538,929 | -94.7% |
| Amounts receivable within one year | 40/41 | €5,411 | €472,402 | +€466,991 | +8630.4% |
| Trade receivables | 40 | €5,032 | €156,092 | +€151,060 | +3002.1% |
| Other amounts receivable | 41 | €379 | €316,310 | +€315,931 | +83315.1% |
| Cash at bank and in hand | 54/58 | €2,519 | €5,628 | +€3,109 | +123.4% |
| Total equity and liabilities | 10/49 | €576,859 | €508,030 | -€68,829 | -11.9% |
| Equity | 10/15 | €35,133 | €151,299 | +€116,166 | +330.6% |
| Contributions | 10/11 | €64,452 | €64,452 | = | 0.0% |
| Capital | 10 | €64,452 | €64,452 | = | 0.0% |
| Issued capital | 100 | €64,452 | €64,452 | = | 0.0% |
| Reserves | 13 | €43,629 | €43,629 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,445 | €6,445 | = | 0.0% |
| Legal reserve | 130 | €6,445 | €6,445 | = | 0.0% |
| Tax-exempt reserves | 132 | €37,184 | €37,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€72,949 | €43,217 | +€116,166 | |
| Amounts payable | 17/49 | €541,726 | €356,731 | -€184,995 | -34.1% |
| Amounts payable within one year | 42/48 | €541,726 | €356,731 | -€184,995 | -34.1% |
| Trade debts | 44 | €3,188 | €7,134 | +€3,946 | +123.8% |
| Suppliers | 440/4 | €3,188 | €7,134 | +€3,946 | +123.8% |
| Advances received on contracts in progress | 46 | €1,950 | - | -€1,950 | |
| Taxes, remuneration and social security | 45 | €17,771 | €1,131 | -€16,640 | -93.6% |
| Taxes | 450/3 | €17,771 | €1,131 | -€16,640 | -93.6% |
| Other amounts payable | 47/48 | €518,818 | €348,466 | -€170,352 | -32.8% |
| Non-recurring operating income | 76A | €17,277 | - | -€17,277 | |
| Other operating charges | 640/8 | €1,942 | €998 | -€944 | -48.6% |
| Gross operating margin | 9900 | €166,873 | €115,629 | -€51,243 | -30.7% |
| Operating profit (loss) | 9901 | €164,931 | €114,631 | -€50,300 | -30.5% |
| Financial income | 75/76B | €1 | €1,950 | +€1,949 | +207368.1% |
| Recurring financial income | 75 | €1 | €1,950 | +€1,949 | +207368.1% |
| Financial charges | 65/66B | €28,762 | €415 | -€28,347 | -98.6% |
| Recurring financial charges | 65 | €28,762 | €415 | -€28,347 | -98.6% |
| Profit (loss) for the period before taxes | 9903 | €136,170 | €116,166 | -€20,004 | -14.7% |
| Profit (loss) for the period | 9904 | €136,170 | €116,166 | -€20,004 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €136,170 | €116,166 | -€20,004 | -14.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.