LOLA: 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.
LOLA
Largest movements
- Cash -€61,218
down €61,218 (-74.1%), from €82,655 to €21,437
mainly Provisions (-€271,256) and Investment in fixed assets (net) (-€11,500)
- Tangible fixed assets -€19,954
down €19,954 (-3.0%), from €673,064 to €653,110
- Profit (loss) carried forward +€656,546
up €656,546 (+32404.4%), from €2,026 to €658,572
- Reserves -€605,898
down €605,898 (-66.5%), from €911,184 to €305,286
of which Tax-exempt reserves: -€605,898
- Provisions -€271,256
down €271,256 (-96.1%), from €282,322 to €11,066
- Tax, wage and social debts +€90,646
up €90,646 (+17895.8%), from €507 to €91,152
- Other debts +€62,514
up €62,514 (+406.1%), from €15,394 to €77,909
- Taxes +€235,511
up €235,511 (+46496.0%), from €507 to €236,018
- Gross operating margin +€17,681
up €17,681 (+40.0%), from €44,201 to €61,882
- Other operating charges +€6,663
up €6,663 (+80.5%), from €8,281 to €14,944
- Financial charges -€2,107
down €2,107 (-96.6%), from €2,182 to €75
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 | €1,256,290 | €1,182,226 | -€74,063 | -5.9% |
| Fixed assets | 21/28 | €1,163,064 | €1,143,110 | -€19,954 | -1.7% |
| Tangible fixed assets | 22/27 | €673,064 | €653,110 | -€19,954 | -3.0% |
| Land and buildings | 22 | €673,064 | €653,110 | -€19,954 | -3.0% |
| Financial fixed assets | 28 | €490,000 | €490,000 | = | 0.0% |
| Current assets | 29/58 | €93,226 | €39,116 | -€54,110 | -58.0% |
| Amounts receivable within one year | 40/41 | €1,517 | €8,625 | +€7,108 | +468.6% |
| Other amounts receivable | 41 | €1,517 | €8,625 | +€7,108 | +468.6% |
| Cash at bank and in hand | 54/58 | €82,655 | €21,437 | -€61,218 | -74.1% |
| Deferred charges and accrued income | 490/1 | €9,054 | €9,054 | = | 0.0% |
| Total equity and liabilities | 10/49 | €1,256,290 | €1,182,226 | -€74,063 | -5.9% |
| Equity | 10/15 | €951,451 | €1,002,099 | +€50,647 | +5.3% |
| Contributions | 10/11 | €38,241 | €38,241 | = | 0.0% |
| Reserves | 13 | €911,184 | €305,286 | -€605,898 | -66.5% |
| Tax-exempt reserves | 132 | €639,098 | €33,199 | -€605,898 | -94.8% |
| Distributable reserves | 133 | €272,086 | €272,086 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,026 | €658,572 | +€656,546 | +32404.4% |
| Provisions and deferred taxes | 16 | €282,322 | €11,066 | -€271,256 | -96.1% |
| Deferred taxes | 168 | €282,322 | €11,066 | -€271,256 | -96.1% |
| Amounts payable | 17/49 | €22,516 | €169,061 | +€146,545 | +650.8% |
| Amounts payable within one year | 42/48 | €22,516 | €169,061 | +€146,545 | +650.8% |
| Trade debts | 44 | €6,615 | - | -€6,615 | |
| Suppliers | 440/4 | €6,615 | - | -€6,615 | |
| Taxes, remuneration and social security | 45 | €507 | €91,152 | +€90,646 | +17895.8% |
| Taxes | 450/3 | €507 | €91,152 | +€90,646 | +17895.8% |
| Other amounts payable | 47/48 | €15,394 | €77,909 | +€62,514 | +406.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,206 | €31,454 | +€248 | +0.8% |
| Other operating charges | 640/8 | €8,281 | €14,944 | +€6,663 | +80.5% |
| Gross operating margin | 9900 | €44,201 | €61,882 | +€17,681 | +40.0% |
| Operating profit (loss) | 9901 | €4,714 | €15,484 | +€10,770 | +228.5% |
| Financial charges | 65/66B | €2,182 | €75 | -€2,107 | -96.6% |
| Recurring financial charges | 65 | €2,182 | €75 | -€2,107 | -96.6% |
| Profit (loss) for the period before taxes | 9903 | €2,533 | €15,409 | +€12,877 | +508.4% |
| Transfer from deferred taxes | 780 | - | €271,256 | +€271,256 | |
| Income taxes | 67/77 | €507 | €236,018 | +€235,511 | +46496.0% |
| Profit (loss) for the period | 9904 | €2,026 | €50,647 | +€48,621 | +2399.7% |
| Transfer from tax-exempt reserves | 789 | - | €605,898 | +€605,898 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,026 | €656,546 | +€654,520 | +32304.4% |
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 11 October 2026 via checked.be.