LOMAVE: 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.
LOMAVE
Largest movements
- Tangible fixed assets +€93,012
up €93,012 (+198.8%), from €46,781 to €139,793
of which Leasing and similar rights: +€99,114
- Receivables within one year +€22,762
up €22,762 (+234.8%), from €9,695 to €32,457
of which Trade receivables: +€16,058
- Cash -€18,162
down €18,162 (-85.7%), from €21,199 to €3,037
mainly Investment in fixed assets (net) (-€118,828) and Receivables within one year (-€22,762)
- Deferred charges and accrued income +€6,150
new in 2025: €6,150
- Debts after one year +€61,107
up €61,107 (+339.6%), from €17,994 to €79,102
of which Financial debts: +€61,107
- Trade debts +€21,130
up €21,130 (+783.5%), from €2,697 to €23,827
- Current portion of long-term debt +€19,477
up €19,477 (+467.5%), from €4,166 to €23,643
- Other debts +€2,225
up €2,225 (+69.3%), from €3,212 to €5,437
- Depreciation +€25,441
up €25,441 (+6787.2%), from €375 to €25,816
- Taxes -€7,485
down €7,485 (-98.3%), from €7,617 to €132
- Financial charges +€5,564
up €5,564 (+218.4%), from €2,547 to €8,111
- Gross operating margin -€453
down €453 (-1.2%), from €36,737 to €36,284
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 | €77,675 | €181,437 | +€103,761 | +133.6% |
| Fixed assets | 21/28 | €46,781 | €139,793 | +€93,012 | +198.8% |
| Tangible fixed assets | 22/27 | €46,781 | €139,793 | +€93,012 | +198.8% |
| Furniture and vehicles | 24 | €781 | €36,932 | +€36,150 | +4626.6% |
| Leasing and similar rights | 25 | - | €99,114 | +€99,114 | |
| Other tangible fixed assets | 26 | - | €3,748 | +€3,748 | |
| Assets under construction and advance payments | 27 | €46,000 | €0 | -€46,000 | -100.0% |
| Current assets | 29/58 | €30,894 | €41,644 | +€10,749 | +34.8% |
| Amounts receivable within one year | 40/41 | €9,695 | €32,457 | +€22,762 | +234.8% |
| Trade receivables | 40 | €9,533 | €25,592 | +€16,058 | +168.4% |
| Other amounts receivable | 41 | €161 | €6,865 | +€6,704 | +4154.5% |
| Cash at bank and in hand | 54/58 | €21,199 | €3,037 | -€18,162 | -85.7% |
| Deferred charges and accrued income | 490/1 | - | €6,150 | +€6,150 | |
| Total equity and liabilities | 10/49 | €77,675 | €181,437 | +€103,761 | +133.6% |
| Equity | 10/15 | €35,994 | €37,268 | +€1,274 | +3.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €33,994 | €35,268 | +€1,274 | +3.7% |
| Distributable reserves | 133 | €33,994 | €35,268 | +€1,274 | +3.7% |
| Amounts payable | 17/49 | €41,681 | €144,169 | +€102,488 | +245.9% |
| Amounts payable after more than one year | 17 | €17,994 | €79,102 | +€61,107 | +339.6% |
| Financial debts | 170/4 | €17,994 | €79,102 | +€61,107 | +339.6% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,687 | €65,067 | +€41,380 | +174.7% |
| Current portion of amounts payable after more than one year | 42 | €4,166 | €23,643 | +€19,477 | +467.5% |
| Financial debts | 43 | €889 | €0 | -€889 | -100.0% |
| Credit institutions | 430/8 | €889 | €0 | -€889 | -100.0% |
| Trade debts | 44 | €2,697 | €23,827 | +€21,130 | +783.5% |
| Suppliers | 440/4 | €2,697 | €23,827 | +€21,130 | +783.5% |
| Taxes, remuneration and social security | 45 | €12,723 | €12,161 | -€562 | -4.4% |
| Taxes | 450/3 | €10,848 | €12,161 | +€1,313 | +12.1% |
| Remuneration and social security | 454/9 | €1,875 | €0 | -€1,875 | -100.0% |
| Other amounts payable | 47/48 | €3,212 | €5,437 | +€2,225 | +69.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €375 | €25,816 | +€25,441 | +6787.2% |
| Other operating charges | 640/8 | €1,181 | €951 | -€230 | -19.5% |
| Gross operating margin | 9900 | €36,737 | €36,284 | -€453 | -1.2% |
| Operating profit (loss) | 9901 | €35,181 | €9,517 | -€25,664 | -72.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,547 | €8,111 | +€5,564 | +218.4% |
| Recurring financial charges | 65 | €2,547 | €8,111 | +€5,564 | +218.4% |
| Profit (loss) for the period before taxes | 9903 | €32,634 | €1,406 | -€31,228 | -95.7% |
| Income taxes | 67/77 | €7,617 | €132 | -€7,485 | -98.3% |
| Profit (loss) for the period | 9904 | €25,017 | €1,274 | -€23,743 | -94.9% |
| Profit (loss) for the period to be appropriated | 9905 | €25,017 | €1,274 | -€23,743 | -94.9% |
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 8 October 2026 via checked.be.