LOOTGENOT: 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.
LOOTGENOT
Largest movements
- Cash -€164,942
down €164,942 (-98.5%), from €167,371 to €2,429
mainly Net result for the year (-€195,041) and Debts after one year (-€52,972)
- Tangible fixed assets -€122,688
down €122,688 (-93.3%), from €131,535 to €8,847
of which Plant, machinery and equipment: -€117,783
- Stocks and contracts +€47,192
up €47,192 (+20.0%), from €235,839 to €283,031
- Receivables within one year +€15,937
up €15,937 (+6.0%), from €263,479 to €279,416
of which Trade receivables: +€26,716
- Profit (loss) carried forward -€195,041
down €195,041 (-48.8%), from -€399,958 to -€595,000
- Debts after one year -€52,972
down €52,972 (-68.3%), from €77,581 to €24,609
- Short-term financial debts +€27,097
new in 2025: €27,097
- Other debts +€23,729
new in 2025: €23,729
- Trade debts -€22,774
down €22,774 (-9.0%), from €253,398 to €230,624
- Gross operating margin -€248,073
down €248,073 (-59.1%), from €419,536 to €171,464
- Staff costs -€98,794
down €98,794 (-30.6%), from €322,785 to €223,991
- Depreciation -€18,323
down €18,323 (-78.9%), from €23,235 to €4,912
- Financial charges -€4,903
down €4,903 (-38.6%), from €12,718 to €7,815
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 | €798,235 | €574,089 | -€224,146 | -28.1% |
| Fixed assets | 21/28 | €131,535 | €8,847 | -€122,688 | -93.3% |
| Tangible fixed assets | 22/27 | €131,535 | €8,847 | -€122,688 | -93.3% |
| Plant, machinery and equipment | 23 | €125,236 | €7,453 | -€117,783 | -94.0% |
| Furniture and vehicles | 24 | €6,300 | €1,394 | -€4,905 | -77.9% |
| Current assets | 29/58 | €666,700 | €565,242 | -€101,459 | -15.2% |
| Stocks and contracts in progress | 3 | €235,839 | €283,031 | +€47,192 | +20.0% |
| Stocks | 30/36 | €235,839 | €283,031 | +€47,192 | +20.0% |
| Amounts receivable within one year | 40/41 | €263,479 | €279,416 | +€15,937 | +6.0% |
| Trade receivables | 40 | €252,638 | €279,354 | +€26,716 | +10.6% |
| Other amounts receivable | 41 | €10,842 | €62 | -€10,780 | -99.4% |
| Cash at bank and in hand | 54/58 | €167,371 | €2,429 | -€164,942 | -98.5% |
| Deferred charges and accrued income | 490/1 | €11 | €366 | +€355 | +3,226% |
| Total equity and liabilities | 10/49 | €798,235 | €574,089 | -€224,146 | -28.1% |
| Equity | 10/15 | €407,542 | €212,500 | -€195,041 | -47.9% |
| Contributions | 10/11 | €807,500 | €807,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€399,958 | -€595,000 | -€195,041 | -48.8% |
| Amounts payable | 17/49 | €390,694 | €361,589 | -€29,105 | -7.4% |
| Amounts payable after more than one year | 17 | €77,581 | €24,609 | -€52,972 | -68.3% |
| Financial debts | 170/4 | €77,581 | €24,609 | -€52,972 | -68.3% |
| Amounts payable within one year | 42/48 | €313,088 | €336,979 | +€23,891 | +7.6% |
| Current portion of amounts payable after more than one year | 42 | €20,205 | - | -€20,205 | |
| Financial debts | 43 | - | €27,097 | +€27,097 | |
| Credit institutions | 430/8 | - | €27,097 | +€27,097 | |
| Trade debts | 44 | €253,398 | €230,624 | -€22,774 | -9.0% |
| Suppliers | 440/4 | €253,398 | €230,624 | -€22,774 | -9.0% |
| Taxes, remuneration and social security | 45 | €39,485 | €55,529 | +€16,044 | +40.6% |
| Taxes | 450/3 | €18,988 | €33,141 | +€14,154 | +74.5% |
| Remuneration and social security | 454/9 | €20,497 | €22,387 | +€1,890 | +9.2% |
| Other amounts payable | 47/48 | - | €23,729 | +€23,729 | |
| Accrued charges and deferred income | 492/3 | €24 | - | -€24 | |
| Non-recurring operating income | 76A | €2,490 | €3,288 | +€798 | +32.1% |
| Remuneration, social security and pensions | 62 | €322,785 | €223,991 | -€98,794 | -30.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,235 | €4,912 | -€18,323 | -78.9% |
| Other operating charges | 640/8 | €19,636 | €17,838 | -€1,799 | -9.2% |
| Non-recurring operating charges | 66A | €18,247 | €114,564 | +€96,317 | +528% |
| Gross operating margin | 9900 | €419,536 | €171,464 | -€248,073 | -59.1% |
| Operating profit (loss) | 9901 | €35,633 | -€189,841 | -€225,474 | |
| Financial income | 75/76B | €815 | €2,615 | +€1,800 | +221% |
| Recurring financial income | 75 | €815 | €2,615 | +€1,800 | +221% |
| Financial charges | 65/66B | €12,718 | €7,815 | -€4,903 | -38.6% |
| Recurring financial charges | 65 | €12,718 | €7,815 | -€4,903 | -38.6% |
| Profit (loss) for the period before taxes | 9903 | €23,730 | -€195,041 | -€218,771 | |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | €23,728 | -€195,041 | -€218,770 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,728 | -€195,041 | -€218,770 |
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 16 October 2026 via checked.be.