Lohako: 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.
Lohako
Largest movements
- Tangible fixed assets -€32,949
down €32,949 (-39.6%), from €83,231 to €50,282
of which Furniture and vehicles: -€26,280
- Current investments +€10,000
up €10,000 (+2.8%), from €351,000 to €361,000
- Cash -€8,597
down €8,597 (-5.0%), from €171,250 to €162,653
mainly Contributions, distributions and other (-€47,934) and Current investments (-€10,000)
- Reserves -€33,625
down €33,625 (-6.2%), from €540,395 to €506,770
- Gross operating margin -€13,842
down €13,842 (-20.8%), from €66,569 to €52,727
- Taxes -€4,764
down €4,764 (-38.3%), from €12,435 to €7,671
- Financial charges +€1,832
up €1,832 (+277.1%), from €661 to €2,494
- Depreciation +€1,208
up €1,208 (+3.8%), from €31,741 to €32,949
- Other operating charges -€877
down €877 (-36.8%), from €2,384 to €1,507
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 | €620,595 | €592,208 | -€28,388 | -4.6% |
| Fixed assets | 21/28 | €83,631 | €50,682 | -€32,949 | -39.4% |
| Tangible fixed assets | 22/27 | €83,231 | €50,282 | -€32,949 | -39.6% |
| Plant, machinery and equipment | 23 | €25,271 | €18,602 | -€6,669 | -26.4% |
| Furniture and vehicles | 24 | €57,960 | €31,680 | -€26,280 | -45.3% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €536,964 | €541,526 | +€4,561 | +0.8% |
| Stocks and contracts in progress | 3 | €1,634 | €200 | -€1,434 | -87.8% |
| Stocks | 30/36 | €1,634 | €200 | -€1,434 | -87.8% |
| Amounts receivable within one year | 40/41 | €11,308 | €15,048 | +€3,740 | +33.1% |
| Trade receivables | 40 | €11,132 | €15,048 | +€3,915 | +35.2% |
| Other amounts receivable | 41 | €176 | €0 | -€176 | -100.0% |
| Current investments | 50/53 | €351,000 | €361,000 | +€10,000 | +2.8% |
| Cash at bank and in hand | 54/58 | €171,250 | €162,653 | -€8,597 | -5.0% |
| Deferred charges and accrued income | 490/1 | €1,772 | €2,625 | +€853 | +48.1% |
| Total equity and liabilities | 10/49 | €620,595 | €592,208 | -€28,388 | -4.6% |
| Equity | 10/15 | €560,395 | €526,770 | -€33,625 | -6.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €540,395 | €506,770 | -€33,625 | -6.2% |
| Distributable reserves | 133 | €540,395 | €506,770 | -€33,625 | -6.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €60,201 | €65,438 | +€5,237 | +8.7% |
| Amounts payable within one year | 42/48 | €60,155 | €63,540 | +€3,385 | +5.6% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €13,865 | €20,011 | +€6,146 | +44.3% |
| Suppliers | 440/4 | €13,865 | €20,011 | +€6,146 | +44.3% |
| Taxes, remuneration and social security | 45 | €21,468 | €15,734 | -€5,734 | -26.7% |
| Taxes | 450/3 | €21,468 | €15,734 | -€5,734 | -26.7% |
| Other amounts payable | 47/48 | €24,821 | €27,794 | +€2,973 | +12.0% |
| Accrued charges and deferred income | 492/3 | €46 | €1,898 | +€1,852 | +4030.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,741 | €32,949 | +€1,208 | +3.8% |
| Other operating charges | 640/8 | €2,384 | €1,507 | -€877 | -36.8% |
| Gross operating margin | 9900 | €66,569 | €52,727 | -€13,842 | -20.8% |
| Operating profit (loss) | 9901 | €32,444 | €18,271 | -€14,173 | -43.7% |
| Financial income | 75/76B | €5,493 | €6,203 | +€710 | +12.9% |
| Recurring financial income | 75 | €5,493 | €6,203 | +€710 | +12.9% |
| Financial charges | 65/66B | €661 | €2,494 | +€1,832 | +277.1% |
| Recurring financial charges | 65 | €661 | €2,494 | +€1,832 | +277.1% |
| Profit (loss) for the period before taxes | 9903 | €37,276 | €21,981 | -€15,295 | -41.0% |
| Income taxes | 67/77 | €12,435 | €7,671 | -€4,764 | -38.3% |
| Profit (loss) for the period | 9904 | €24,841 | €14,310 | -€10,531 | -42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,841 | €14,310 | -€10,531 | -42.4% |
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 10 October 2026 via checked.be.