LOIS: 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.
LOIS
Largest movements
- Cash +€34,764
up €34,764 (+82.7%), from €42,041 to €76,805
mainly Net result for the year (+€22,264) and Receivables within one year (+€20,888)
- Receivables within one year -€20,888
down €20,888 (-51.1%), from €40,866 to €19,978
of which Trade receivables: -€18,926
- Tangible fixed assets -€4,461
down €4,461 (-22.9%), from €19,442 to €14,981
of which Plant, machinery and equipment: -€3,400
- Reserves +€22,264
up €22,264 (+52.8%), from €42,149 to €64,413
- Debts after one year -€5,586
no longer reported in 2025 (was €5,586)
- Trade debts -€4,038
down €4,038 (-18.6%), from €21,704 to €17,666
- Tax, wage and social debts -€3,225
down €3,225 (-77.4%), from €4,165 to €939
- Current portion of long-term debt -€2,723
down €2,723 (-32.8%), from €8,309 to €5,586
- Gross operating margin +€16,950
up €16,950 (+53.8%), from €31,503 to €48,453
- Taxes +€6,027
up €6,027 (+131%), from €4,595 to €10,622
- Depreciation -€3,449
down €3,449 (-22.0%), from €15,710 to €12,260
- Other operating charges +€1,356
up €1,356 (+321%), from €422 to €1,779
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.
Derived cash bridge
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 | €103,041 | €112,329 | +€9,288 | +9.0% |
| Fixed assets | 21/28 | €19,577 | €14,981 | -€4,596 | -23.5% |
| Tangible fixed assets | 22/27 | €19,442 | €14,981 | -€4,461 | -22.9% |
| Plant, machinery and equipment | 23 | €11,009 | €7,609 | -€3,400 | -30.9% |
| Furniture and vehicles | 24 | €8,433 | €7,372 | -€1,061 | -12.6% |
| Financial fixed assets | 28 | €135 | - | -€135 | |
| Current assets | 29/58 | €83,464 | €97,348 | +€13,884 | +16.6% |
| Amounts receivable within one year | 40/41 | €40,866 | €19,978 | -€20,888 | -51.1% |
| Trade receivables | 40 | €34,528 | €15,603 | -€18,926 | -54.8% |
| Other amounts receivable | 41 | €6,338 | €4,375 | -€1,963 | -31.0% |
| Cash at bank and in hand | 54/58 | €42,041 | €76,805 | +€34,764 | +82.7% |
| Deferred charges and accrued income | 490/1 | €556 | €565 | +€9 | +1.6% |
| Total equity and liabilities | 10/49 | €103,041 | €112,329 | +€9,288 | +9.0% |
| Equity | 10/15 | €48,349 | €70,613 | +€22,264 | +46.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €42,149 | €64,413 | +€22,264 | +52.8% |
| Distributable reserves | 133 | €42,149 | €64,413 | +€22,264 | +52.8% |
| Amounts payable | 17/49 | €54,692 | €41,716 | -€12,975 | -23.7% |
| Amounts payable after more than one year | 17 | €5,586 | - | -€5,586 | |
| Financial debts | 170/4 | €5,586 | - | -€5,586 | |
| Amounts payable within one year | 42/48 | €49,106 | €41,716 | -€7,390 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €8,309 | €5,586 | -€2,723 | -32.8% |
| Financial debts | 43 | €1 | - | -€1 | |
| Credit institutions | 430/8 | €1 | - | -€1 | |
| Trade debts | 44 | €21,704 | €17,666 | -€4,038 | -18.6% |
| Suppliers | 440/4 | €21,704 | €17,666 | -€4,038 | -18.6% |
| Taxes, remuneration and social security | 45 | €4,165 | €939 | -€3,225 | -77.4% |
| Taxes | 450/3 | €4,165 | €939 | -€3,225 | -77.4% |
| Other amounts payable | 47/48 | €14,927 | €17,526 | +€2,598 | +17.4% |
| Non-recurring operating income | 76A | - | €2,250 | +€2,250 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,710 | €12,260 | -€3,449 | -22.0% |
| Other operating charges | 640/8 | €422 | €1,779 | +€1,356 | +321% |
| Gross operating margin | 9900 | €31,503 | €48,453 | +€16,950 | +53.8% |
| Operating profit (loss) | 9901 | €15,371 | €34,414 | +€19,044 | +124% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €1,514 | €1,531 | +€17 | +1.1% |
| Recurring financial charges | 65 | €1,514 | €1,531 | +€17 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | €13,857 | €32,886 | +€19,029 | +137% |
| Income taxes | 67/77 | €4,595 | €10,622 | +€6,027 | +131% |
| Profit (loss) for the period | 9904 | €9,262 | €22,264 | +€13,002 | +140% |
| Profit (loss) for the period to be appropriated | 9905 | €9,262 | €22,264 | +€13,002 | +140% |
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 18 October 2026 via checked.be.