LOMAN PASCAL: 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.
LOMAN PASCAL
Largest movements
- Cash -€66,182
down €66,182 (-24.7%), from €268,413 to €202,231
mainly Stocks and contracts (-€38,348) and Other debts (-€20,380)
- Stocks and contracts +€38,348
up €38,348 (+24.3%), from €157,810 to €196,158
- Other debts -€20,380
down €20,380 (-8.0%), from €255,826 to €235,445
- Trade debts -€13,230
down €13,230 (-74.5%), from €17,763 to €4,533
- Tax, wage and social debts -€12,364
down €12,364 (-64.7%), from €19,118 to €6,754
of which Taxes: -€10,579
- Reserves +€6,532
up €6,532 (+5.2%), from €124,885 to €131,417
- Accrued charges and deferred income +€5,606
new in 2026: €5,606
- Write-downs +€27,693
up €27,693, from -€21,402 to €6,292
- Staff costs -€10,031
down €10,031 (-37.7%), from €26,590 to €16,559
- Other operating charges -€6,210
down €6,210 (-90.1%), from €6,894 to €684
- Gross operating margin -€5,071
down €5,071 (-11.8%), from €43,049 to €37,977
- Taxes -€4,808
down €4,808 (-53.7%), from €8,945 to €4,138
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €436,192 | €403,936 | -€32,256 | -7.4% |
| Fixed assets | 21/28 | €334 | €56 | -€278 | -83.3% |
| Tangible fixed assets | 22/27 | €217 | €0 | -€217 | -100.0% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | €217 | €0 | -€217 | -100.0% |
| Financial fixed assets | 28 | €118 | €56 | -€62 | -52.6% |
| Current assets | 29/58 | €435,857 | €403,880 | -€31,978 | -7.3% |
| Stocks and contracts in progress | 3 | €157,810 | €196,158 | +€38,348 | +24.3% |
| Stocks | 30/36 | €157,810 | €196,158 | +€38,348 | +24.3% |
| Amounts receivable within one year | 40/41 | €6,448 | €5,102 | -€1,346 | -20.9% |
| Trade receivables | 40 | €2,615 | €1,306 | -€1,309 | -50.1% |
| Other amounts receivable | 41 | €3,833 | €3,796 | -€37 | -1.0% |
| Cash at bank and in hand | 54/58 | €268,413 | €202,231 | -€66,182 | -24.7% |
| Deferred charges and accrued income | 490/1 | €3,187 | €389 | -€2,798 | -87.8% |
| Total equity and liabilities | 10/49 | €436,192 | €403,936 | -€32,256 | -7.4% |
| Equity | 10/15 | €143,485 | €150,017 | +€6,532 | +4.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €124,885 | €131,417 | +€6,532 | +5.2% |
| Distributable reserves | 133 | €124,885 | €131,417 | +€6,532 | +5.2% |
| Amounts payable | 17/49 | €292,707 | €253,919 | -€38,788 | -13.3% |
| Amounts payable within one year | 42/48 | €292,707 | €248,313 | -€44,394 | -15.2% |
| Trade debts | 44 | €17,763 | €4,533 | -€13,230 | -74.5% |
| Suppliers | 440/4 | €17,763 | €4,533 | -€13,230 | -74.5% |
| Advances received on contracts in progress | 46 | - | €1,580 | +€1,580 | |
| Taxes, remuneration and social security | 45 | €19,118 | €6,754 | -€12,364 | -64.7% |
| Taxes | 450/3 | €17,334 | €6,754 | -€10,579 | -61.0% |
| Remuneration and social security | 454/9 | €1,784 | €0 | -€1,784 | -100.0% |
| Other amounts payable | 47/48 | €255,826 | €235,445 | -€20,380 | -8.0% |
| Accrued charges and deferred income | 492/3 | - | €5,606 | +€5,606 | |
| Remuneration, social security and pensions | 62 | €26,590 | €16,559 | -€10,031 | -37.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €216 | €217 | +€0 | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,402 | €6,292 | +€27,693 | |
| Other operating charges | 640/8 | €6,894 | €684 | -€6,210 | -90.1% |
| Non-recurring operating charges | 66A | €370 | €292 | -€78 | -21.1% |
| Gross operating margin | 9900 | €43,049 | €37,977 | -€5,071 | -11.8% |
| Operating profit (loss) | 9901 | €30,380 | €13,934 | -€16,446 | -54.1% |
| Financial income | 75/76B | €156 | €20 | -€136 | -87.2% |
| Recurring financial income | 75 | €156 | €20 | -€136 | -87.2% |
| Financial charges | 65/66B | €4,298 | €3,284 | -€1,014 | -23.6% |
| Recurring financial charges | 65 | €4,298 | €3,284 | -€1,014 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €26,238 | €10,670 | -€15,569 | -59.3% |
| Income taxes | 67/77 | €8,945 | €4,138 | -€4,808 | -53.7% |
| Profit (loss) for the period | 9904 | €17,293 | €6,532 | -€10,761 | -62.2% |
| Profit (loss) for the period to be appropriated | 9905 | €17,293 | €6,532 | -€10,761 | -62.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.