LOMAC: 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.
LOMAC
Largest movements
- Receivables within one year -€264,923
down €264,923 (-87.5%), from €302,889 to €37,966
- Tangible fixed assets +€49,932
up €49,932 (+33.5%), from €149,028 to €198,960
of which Furniture and vehicles: +€59,861
- Cash +€11,296
up €11,296 (+41.0%), from €27,571 to €38,867
mainly Receivables within one year (+€264,923) and Net result for the year (+€107,400)
- Other debts -€147,381
down €147,381 (-48.8%), from €301,877 to €154,496
- Tax, wage and social debts -€81,193
down €81,193 (-73.0%), from €111,269 to €30,076
- Debts after one year +€21,726
up €21,726 (+72.2%), from €30,071 to €51,797
- Gross operating margin -€191,138
down €191,138 (-52.6%), from €363,141 to €172,003
- Taxes -€54,298
down €54,298 (-65.8%), from €82,540 to €28,242
- Depreciation +€7,834
up €7,834 (+32.8%), from €23,868 to €31,702
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 | €481,593 | €276,912 | -€204,681 | -42.5% |
| Fixed assets | 21/28 | €149,028 | €198,960 | +€49,932 | +33.5% |
| Tangible fixed assets | 22/27 | €149,028 | €198,960 | +€49,932 | +33.5% |
| Land and buildings | 22 | €127,569 | €118,952 | -€8,617 | -6.8% |
| Plant, machinery and equipment | 23 | €1,136 | €754 | -€382 | -33.6% |
| Furniture and vehicles | 24 | €13,318 | €73,180 | +€59,861 | +449.5% |
| Other tangible fixed assets | 26 | €7,004 | €6,074 | -€930 | -13.3% |
| Current assets | 29/58 | €332,565 | €77,952 | -€254,613 | -76.6% |
| Amounts receivable within one year | 40/41 | €302,889 | €37,966 | -€264,923 | -87.5% |
| Trade receivables | 40 | €302,889 | €37,966 | -€264,923 | -87.5% |
| Cash at bank and in hand | 54/58 | €27,571 | €38,867 | +€11,296 | +41.0% |
| Deferred charges and accrued income | 490/1 | €2,106 | €1,120 | -€986 | -46.8% |
| Total equity and liabilities | 10/49 | €481,593 | €276,912 | -€204,681 | -42.5% |
| Equity | 10/15 | €20,460 | €20,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €20,460 | +€1,860 | +10.0% |
| Reserves | 13 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Amounts payable | 17/49 | €461,133 | €256,452 | -€204,681 | -44.4% |
| Amounts payable after more than one year | 17 | €30,071 | €51,797 | +€21,726 | +72.2% |
| Financial debts | 170/4 | €30,071 | €51,797 | +€21,726 | +72.2% |
| Amounts payable within one year | 42/48 | €431,062 | €204,655 | -€226,407 | -52.5% |
| Current portion of amounts payable after more than one year | 42 | €15,204 | €18,315 | +€3,111 | +20.5% |
| Trade debts | 44 | €2,712 | €1,769 | -€943 | -34.8% |
| Suppliers | 440/4 | €2,712 | €1,769 | -€943 | -34.8% |
| Taxes, remuneration and social security | 45 | €111,269 | €30,076 | -€81,193 | -73.0% |
| Taxes | 450/3 | €111,269 | €30,076 | -€81,193 | -73.0% |
| Other amounts payable | 47/48 | €301,877 | €154,496 | -€147,381 | -48.8% |
| Non-recurring operating income | 76A | - | €16,877 | +€16,877 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,868 | €31,702 | +€7,834 | +32.8% |
| Other operating charges | 640/8 | €1,151 | €1,690 | +€538 | +46.8% |
| Gross operating margin | 9900 | €363,141 | €172,003 | -€191,138 | -52.6% |
| Operating profit (loss) | 9901 | €338,122 | €138,611 | -€199,511 | -59.0% |
| Financial income | 75/76B | €0 | €342 | +€342 | +3420600.0% |
| Recurring financial income | 75 | €0 | €342 | +€342 | +3420600.0% |
| Financial charges | 65/66B | €4,225 | €3,311 | -€914 | -21.6% |
| Recurring financial charges | 65 | €4,225 | €3,311 | -€914 | -21.6% |
| Profit (loss) for the period before taxes | 9903 | €333,897 | €135,642 | -€198,255 | -59.4% |
| Income taxes | 67/77 | €82,540 | €28,242 | -€54,298 | -65.8% |
| Profit (loss) for the period | 9904 | €251,356 | €107,400 | -€143,957 | -57.3% |
| Profit (loss) for the period to be appropriated | 9905 | €251,356 | €107,400 | -€143,957 | -57.3% |
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 4 October 2026 via checked.be.