LOMACO: 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.
What changed
LOMACO
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€51,965
2024 · -€12,751-€39,214
Equity
€349,913
2024 · €401,878-€51,965
Cash
€21,385
2024 · €26,396-€5,011
Balance sheet total
€1.5m
2024 · €995,501+€486,141
Largest movements
Assets
- Tangible fixed assets +€483,239
up €483,239 (+52.2%), from €926,532 to €1.4m
of which Land and buildings: +€487,223
Equity and liabilities
- Debts after one year +€514,866
up €514,866 (+169.9%), from €302,953 to €817,818
- Profit (loss) carried forward -€36,753
down €36,753 (-114.8%), from -€32,025 to -€68,778
- Current portion of long-term debt +€20,375
up €20,375 (+115.6%), from €17,622 to €37,997
- Reserves -€15,212
down €15,212 (-5.5%), from €278,970 to €263,758
of which Tax-exempt reserves: -€15,212
Income statement
- Depreciation +€73,777
up €73,777 (+107.0%), from €68,960 to €142,737
- Gross operating margin +€36,636
up €36,636 (+38.3%), from €95,579 to €132,215
- Other operating charges +€4,018
up €4,018 (+14.5%), from €27,639 to €31,657
- Taxes -€1,582
down €1,582 (-100.0%), from €1,582 to €0
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.
Result 2024
-€12,751
Gross operating margin
+€36,636
Depreciation
-€73,777
Other operating charges
-€4,018
Financial income
+€146
Financial charges
+€216
Taxes
+€1,582
Result 2025
-€51,965
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.
From operations
+€85,723
Investment
-€625,975
Financing
+€535,241
Cash 2024
€26,396
From operations (derived)
+€85,723
Net result for the year
-€51,965
Depreciation
+€142,737
Receivables within one year
-€2,800
Deferred charges and accrued income
-€5,113
Provisions
-€5,071
Trade debts
+€8,755
Smaller working-capital items
-€820
Investment (derived)
-€625,975
Investment in fixed assets (net)
-€625,975
Financing
+€535,241
Debts after one year
+€514,866
Current portion of long-term debt
+€20,375
Cash 2025
€21,385
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €995,501 | €1,481,642 | +€486,141 | +48.8% |
| Fixed assets | 21/28 | €929,336 | €1,412,574 | +€483,239 | +52.0% |
| Tangible fixed assets | 22/27 | €926,532 | €1,409,770 | +€483,239 | +52.2% |
| Land and buildings | 22 | €910,250 | €1,397,472 | +€487,223 | +53.5% |
| Plant, machinery and equipment | 23 | €118 | €0 | -€118 | -100.0% |
| Furniture and vehicles | 24 | €15,439 | €11,573 | -€3,866 | -25.0% |
| Other tangible fixed assets | 26 | €725 | €725 | = | 0.0% |
| Financial fixed assets | 28 | €2,804 | €2,804 | = | 0.0% |
| Current assets | 29/58 | €66,165 | €69,068 | +€2,902 | +4.4% |
| Stocks and contracts in progress | 3 | €33,500 | €33,500 | = | 0.0% |
| Stocks | 30/36 | €33,500 | €33,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,618 | €4,418 | +€2,800 | +173.1% |
| Other amounts receivable | 41 | €1,618 | €4,418 | +€2,800 | +173.1% |
| Cash at bank and in hand | 54/58 | €26,396 | €21,385 | -€5,011 | -19.0% |
| Deferred charges and accrued income | 490/1 | €4,652 | €9,764 | +€5,113 | +109.9% |
| Total equity and liabilities | 10/49 | €995,501 | €1,481,642 | +€486,141 | +48.8% |
| Equity | 10/15 | €401,878 | €349,913 | -€51,965 | -12.9% |
| Contributions | 10/11 | €154,933 | €154,933 | = | 0.0% |
| Capital | 10 | €154,933 | €154,933 | = | 0.0% |
| Issued capital | 100 | €154,933 | €154,933 | = | 0.0% |
| Reserves | 13 | €278,970 | €263,758 | -€15,212 | -5.5% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €275,871 | €260,659 | -€15,212 | -5.5% |
| Profit (loss) carried forward | 14 | -€32,025 | -€68,778 | -€36,753 | -114.8% |
| Provisions and deferred taxes | 16 | €91,957 | €86,886 | -€5,071 | -5.5% |
| Deferred taxes | 168 | €91,957 | €86,886 | -€5,071 | -5.5% |
| Amounts payable | 17/49 | €501,666 | €1,044,843 | +€543,177 | +108.3% |
| Amounts payable after more than one year | 17 | €302,953 | €817,818 | +€514,866 | +169.9% |
| Financial debts | 170/4 | €302,953 | €817,818 | +€514,866 | +169.9% |
| Amounts payable within one year | 42/48 | €192,821 | €220,174 | +€27,353 | +14.2% |
| Current portion of amounts payable after more than one year | 42 | €17,622 | €37,997 | +€20,375 | +115.6% |
| Trade debts | 44 | €6,726 | €15,482 | +€8,755 | +130.2% |
| Suppliers | 440/4 | €6,726 | €15,482 | +€8,755 | +130.2% |
| Taxes, remuneration and social security | 45 | €355 | €33 | -€322 | -90.7% |
| Taxes | 450/3 | €355 | €33 | -€322 | -90.7% |
| Other amounts payable | 47/48 | €168,118 | €166,662 | -€1,456 | -0.9% |
| Accrued charges and deferred income | 492/3 | €5,892 | €6,851 | +€958 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €68,960 | €142,737 | +€73,777 | +107.0% |
| Other operating charges | 640/8 | €27,639 | €31,657 | +€4,018 | +14.5% |
| Gross operating margin | 9900 | €95,579 | €132,215 | +€36,636 | +38.3% |
| Operating profit (loss) | 9901 | -€1,020 | -€42,178 | -€41,158 | -4033.6% |
| Financial income | 75/76B | €0 | €146 | +€146 | +487166.7% |
| Recurring financial income | 75 | €0 | €146 | +€146 | +487166.7% |
| Financial charges | 65/66B | €15,220 | €15,004 | -€216 | -1.4% |
| Recurring financial charges | 65 | €15,220 | €15,004 | -€216 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,240 | -€57,036 | -€40,796 | -251.2% |
| Transfer from deferred taxes | 780 | €5,071 | €5,071 | = | 0.0% |
| Income taxes | 67/77 | €1,582 | €0 | -€1,582 | -100.0% |
| Profit (loss) for the period | 9904 | -€12,751 | -€51,965 | -€39,214 | -307.5% |
| Transfer from tax-exempt reserves | 789 | €15,212 | €15,212 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €2,461 | -€36,753 | -€39,214 |
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 1 October 2026 via checked.be.