LOMSA: 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.
LOMSA
Largest movements
- Receivables within one year -€106,876
down €106,876 (-52.7%), from €202,612 to €95,736
of which Other amounts receivable: -€112,876
- Cash -€26,032
down €26,032 (-89.3%), from €29,150 to €3,118
mainly Other debts (-€123,000) and Contributions, distributions and other (-€82,000)
- Other debts -€123,000
down €123,000 (-60.0%), from €205,000 to €82,000
- Trade debts +€48,295
up €48,295 (+100.7%), from €47,948 to €96,242
- Profit (loss) carried forward -€44,463
down €44,463 (-99.8%), from €44,557 to €93
- Tax, wage and social debts -€13,008
down €13,008 (-49.8%), from €26,108 to €13,100
- Gross operating margin -€152,719
down €152,719 (-75.1%), from €203,462 to €50,743
- Financial charges -€80,022
down €80,022 (-98.9%), from €80,944 to €923
of which Non-recurring financial charges: -€80,000
- Taxes -€4,895
down €4,895 (-27.6%), from €17,709 to €12,814
- Other operating charges -€2,930
down €2,930 (-81.9%), from €3,578 to €648
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 | €344,017 | €209,985 | -€134,032 | -39.0% |
| Fixed assets | 21/28 | €111,808 | €111,132 | -€676 | -0.6% |
| Tangible fixed assets | 22/27 | €1,815 | €1,139 | -€676 | -37.3% |
| Furniture and vehicles | 24 | €1,815 | €1,139 | -€676 | -37.3% |
| Financial fixed assets | 28 | €109,993 | €109,993 | = | 0.0% |
| Current assets | 29/58 | €232,209 | €98,853 | -€133,356 | -57.4% |
| Amounts receivable within one year | 40/41 | €202,612 | €95,736 | -€106,876 | -52.7% |
| Trade receivables | 40 | - | €6,000 | +€6,000 | |
| Other amounts receivable | 41 | €202,612 | €89,736 | -€112,876 | -55.7% |
| Cash at bank and in hand | 54/58 | €29,150 | €3,118 | -€26,032 | -89.3% |
| Deferred charges and accrued income | 490/1 | €447 | - | -€447 | |
| Total equity and liabilities | 10/49 | €344,017 | €209,985 | -€134,032 | -39.0% |
| Equity | 10/15 | €64,962 | €18,643 | -€46,318 | -71.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €1,855 | - | -€1,855 | |
| Distributable reserves | 133 | €1,855 | - | -€1,855 | |
| Profit (loss) carried forward | 14 | €44,557 | €93 | -€44,463 | -99.8% |
| Amounts payable | 17/49 | €279,055 | €191,342 | -€87,713 | -31.4% |
| Amounts payable within one year | 42/48 | €279,055 | €191,342 | -€87,713 | -31.4% |
| Trade debts | 44 | €47,948 | €96,242 | +€48,295 | +100.7% |
| Suppliers | 440/4 | €47,948 | €96,242 | +€48,295 | +100.7% |
| Taxes, remuneration and social security | 45 | €26,108 | €13,100 | -€13,008 | -49.8% |
| Taxes | 450/3 | €26,108 | €13,100 | -€13,008 | -49.8% |
| Other amounts payable | 47/48 | €205,000 | €82,000 | -€123,000 | -60.0% |
| Non-recurring operating income | 76A | €140,400 | - | -€140,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €676 | €676 | = | 0.0% |
| Other operating charges | 640/8 | €3,578 | €648 | -€2,930 | -81.9% |
| Non-recurring operating charges | 66A | €140,400 | - | -€140,400 | |
| Gross operating margin | 9900 | €203,462 | €50,743 | -€152,719 | -75.1% |
| Operating profit (loss) | 9901 | €58,808 | €49,419 | -€9,389 | -16.0% |
| Financial charges | 65/66B | €80,944 | €923 | -€80,022 | -98.9% |
| Recurring financial charges | 65 | €944 | €923 | -€22 | -2.3% |
| Non-recurring financial charges | 66B | €80,000 | - | -€80,000 | |
| Profit (loss) for the period before taxes | 9903 | -€22,136 | €48,496 | +€70,632 | |
| Income taxes | 67/77 | €17,709 | €12,814 | -€4,895 | -27.6% |
| Profit (loss) for the period | 9904 | -€39,846 | €35,682 | +€75,527 | |
| Profit (loss) for the period to be appropriated | 9905 | -€39,846 | €35,682 | +€75,527 |
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 9 October 2026 via checked.be.