LOMAT: 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.
LOMAT
Largest movements
- Current investments -€2.6m
no longer reported in 2025 (was €2.6m)
- Receivables within one year +€1.3m
up €1.3m (+2,611%), from €50,913 to €1.4m
of which Other amounts receivable: +€1.3m
- Tangible fixed assets -€509,991
down €509,991 (-11.8%), from €4.3m to €3.8m
- Other debts -€1.4m
down €1.4m (-53.8%), from €2.6m to €1.2m
- Reserves -€392,490
down €392,490 (-9.2%), from €4.3m to €3.9m
of which Tax-exempt reserves: -€404,160
- Gross operating margin -€427,633
down €427,633 (-16.7%), from €2.6m to €2.1m
- Taxes -€99,698
down €99,698 (-27.2%), from €367,118 to €267,420
- Depreciation -€73,860
down €73,860 (-6.4%), from €1.2m to €1.1m
- Financial income -€55,054
down €55,054 (-74.6%), from €73,762 to €18,708
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 | €6,952,449 | €5,183,077 | -€1.8m | -25.4% |
| Fixed assets | 21/28 | €4,307,420 | €3,797,429 | -€509,991 | -11.8% |
| Tangible fixed assets | 22/27 | €4,307,420 | €3,797,429 | -€509,991 | -11.8% |
| Plant, machinery and equipment | 23 | €4,307,420 | €3,797,429 | -€509,991 | -11.8% |
| Current assets | 29/58 | €2,645,029 | €1,385,648 | -€1.3m | -47.6% |
| Amounts receivable within one year | 40/41 | €50,913 | €1,380,487 | +€1.3m | +2,611% |
| Trade receivables | 40 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 41 | €30,913 | €1,380,487 | +€1.3m | +4,366% |
| Current investments | 50/53 | €2,571,695 | - | -€2.6m | |
| Cash at bank and in hand | 54/58 | €22,421 | - | -€22,421 | |
| Deferred charges and accrued income | 490/1 | - | €5,162 | +€5,162 | |
| Total equity and liabilities | 10/49 | €6,952,449 | €5,183,077 | -€1.8m | -25.4% |
| Equity | 10/15 | €4,352,449 | €3,959,959 | -€392,490 | -9.0% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €4,287,449 | €3,894,959 | -€392,490 | -9.2% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,220,900 | €816,740 | -€404,160 | -33.1% |
| Distributable reserves | 133 | €3,060,049 | €3,071,719 | +€11,670 | +0.4% |
| Amounts payable | 17/49 | €2,600,000 | €1,223,118 | -€1.4m | -53.0% |
| Amounts payable within one year | 42/48 | €2,600,000 | €1,223,118 | -€1.4m | -53.0% |
| Trade debts | 44 | - | €23,118 | +€23,118 | |
| Suppliers | 440/4 | - | €23,118 | +€23,118 | |
| Other amounts payable | 47/48 | €2,600,000 | €1,200,000 | -€1.4m | -53.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,153,851 | €1,079,991 | -€73,860 | -6.4% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €2,565,455 | €2,137,822 | -€427,633 | -16.7% |
| Operating profit (loss) | 9901 | €1,410,511 | €1,056,704 | -€353,806 | -25.1% |
| Financial income | 75/76B | €73,762 | €18,708 | -€55,054 | -74.6% |
| Recurring financial income | 75 | €73,762 | €18,708 | -€55,054 | -74.6% |
| Financial charges | 65/66B | €51 | €483 | +€431 | +840% |
| Recurring financial charges | 65 | €51 | €483 | +€431 | +840% |
| Profit (loss) for the period before taxes | 9903 | €1,484,222 | €1,074,930 | -€409,292 | -27.6% |
| Income taxes | 67/77 | €367,118 | €267,420 | -€99,698 | -27.2% |
| Profit (loss) for the period | 9904 | €1,117,104 | €807,510 | -€309,594 | -27.7% |
| Transfer from tax-exempt reserves | 789 | €283,250 | €509,410 | +€226,160 | +79.8% |
| Transfer to tax-exempt reserves | 689 | €315,750 | €105,250 | -€210,500 | -66.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,084,604 | €1,211,670 | +€127,066 | +11.7% |
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 24 October 2026 via checked.be.