LOMO: 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.
LOMO
Largest movements
- Cash -€39,703
down €39,703 (-15.0%), from €264,598 to €224,895
mainly Investment in fixed assets (net) (-€126,025) and Debts after one year (-€124,605)
- Reserves +€128,000
up €128,000 (+31.1%), from €411,641 to €539,641
- Debts after one year -€124,605
down €124,605 (-10.8%), from €1.2m to €1.0m
- Depreciation -€11,246
down €11,246 (-8.8%), from €128,297 to €117,050
- Gross operating margin +€6,326
up €6,326 (+1.9%), from €338,764 to €345,090
- Taxes +€5,602
up €5,602 (+9.9%), from €56,793 to €62,395
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 | €2,160,412 | €2,147,269 | -€13,143 | -0.6% |
| Fixed assets | 21/28 | €1,797,561 | €1,806,536 | +€8,974 | +0.5% |
| Tangible fixed assets | 22/27 | €1,797,561 | €1,806,536 | +€8,974 | +0.5% |
| Land and buildings | 22 | €1,796,061 | €1,690,667 | -€105,394 | -5.9% |
| Furniture and vehicles | 24 | €1,500 | €115,868 | +€114,368 | +7,624% |
| Current assets | 29/58 | €362,851 | €340,733 | -€22,118 | -6.1% |
| Amounts receivable within one year | 40/41 | €97,288 | €113,572 | +€16,285 | +16.7% |
| Trade receivables | 40 | €97,288 | €113,351 | +€16,063 | +16.5% |
| Other amounts receivable | 41 | - | €222 | +€222 | |
| Cash at bank and in hand | 54/58 | €264,598 | €224,895 | -€39,703 | -15.0% |
| Deferred charges and accrued income | 490/1 | €965 | €2,266 | +€1,301 | +135% |
| Total equity and liabilities | 10/49 | €2,160,412 | €2,147,269 | -€13,143 | -0.6% |
| Equity | 10/15 | €785,730 | €915,548 | +€129,818 | +16.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €411,641 | €539,641 | +€128,000 | +31.1% |
| Distributable reserves | 133 | €411,641 | €539,641 | +€128,000 | +31.1% |
| Profit (loss) carried forward | 14 | €334,088 | €335,907 | +€1,818 | +0.5% |
| Amounts payable | 17/49 | €1,374,682 | €1,231,721 | -€142,961 | -10.4% |
| Amounts payable after more than one year | 17 | €1,154,147 | €1,029,542 | -€124,605 | -10.8% |
| Financial debts | 170/4 | €1,154,147 | €1,029,542 | -€124,605 | -10.8% |
| Amounts payable within one year | 42/48 | €209,055 | €190,698 | -€18,357 | -8.8% |
| Current portion of amounts payable after more than one year | 42 | €123,119 | €134,702 | +€11,583 | +9.4% |
| Trade debts | 44 | €1,204 | €164 | -€1,040 | -86.4% |
| Suppliers | 440/4 | €1,204 | €164 | -€1,040 | -86.4% |
| Taxes, remuneration and social security | 45 | €68,174 | €53,648 | -€14,526 | -21.3% |
| Taxes | 450/3 | €68,174 | €53,648 | -€14,526 | -21.3% |
| Other amounts payable | 47/48 | €16,558 | €2,184 | -€14,374 | -86.8% |
| Accrued charges and deferred income | 492/3 | €11,481 | €11,481 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128,297 | €117,050 | -€11,246 | -8.8% |
| Other operating charges | 640/8 | €20,658 | €21,127 | +€469 | +2.3% |
| Gross operating margin | 9900 | €338,764 | €345,090 | +€6,326 | +1.9% |
| Operating profit (loss) | 9901 | €189,810 | €206,913 | +€17,104 | +9.0% |
| Financial income | 75/76B | €25 | €732 | +€707 | +2,844% |
| Recurring financial income | 75 | €25 | €732 | +€707 | +2,844% |
| Financial charges | 65/66B | €16,679 | €15,432 | -€1,247 | -7.5% |
| Recurring financial charges | 65 | €16,679 | €15,432 | -€1,247 | -7.5% |
| Profit (loss) for the period before taxes | 9903 | €173,156 | €192,213 | +€19,058 | +11.0% |
| Income taxes | 67/77 | €56,793 | €62,395 | +€5,602 | +9.9% |
| Profit (loss) for the period | 9904 | €116,362 | €129,818 | +€13,456 | +11.6% |
| Profit (loss) for the period to be appropriated | 9905 | €116,362 | €129,818 | +€13,456 | +11.6% |
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 14 October 2026 via checked.be.