Los Lobos: 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.
Los Lobos
Largest movements
- Receivables within one year +€19,248
up €19,248 (+88.1%), from €21,839 to €41,087
of which Trade receivables: +€23,327
- Cash -€4,173
down €4,173 (-11.8%), from €35,363 to €31,190
mainly Receivables within one year (-€19,248) and Investment in fixed assets (net) (-€6,700)
- Tangible fixed assets +€3,312
up €3,312 (+43.4%), from €7,632 to €10,944
of which Furniture and vehicles: +€4,985
- Trade debts +€15,517
up €15,517 (+677%), from €2,293 to €17,810
- Tax, wage and social debts +€3,538
up €3,538 (+159%), from €2,231 to €5,769
- Other debts -€1,410
down €1,410 (-21.9%), from €6,430 to €5,020
- Gross operating margin +€4,686
up €4,686 (+107%), from €4,385 to €9,071
- Depreciation +€1,580
up €1,580 (+87.5%), from €1,807 to €3,388
- Financial charges +€1,570
up €1,570 (+53.6%), from €2,931 to €4,501
- Taxes +€579
up €579 (+78.8%), from €735 to €1,314
- Financial income -€394
down €394 (-18.9%), from €2,088 to €1,694
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 | €83,748 | €101,739 | +€17,990 | +21.5% |
| Fixed assets | 21/28 | €8,388 | €11,700 | +€3,312 | +39.5% |
| Tangible fixed assets | 22/27 | €7,632 | €10,944 | +€3,312 | +43.4% |
| Plant, machinery and equipment | 23 | €7,141 | €5,469 | -€1,673 | -23.4% |
| Furniture and vehicles | 24 | €491 | €5,476 | +€4,985 | +1,016% |
| Financial fixed assets | 28 | €756 | €756 | = | 0.0% |
| Current assets | 29/58 | €75,360 | €90,038 | +€14,678 | +19.5% |
| Stocks and contracts in progress | 3 | €18,108 | €17,761 | -€347 | -1.9% |
| Stocks | 30/36 | €18,108 | €17,761 | -€347 | -1.9% |
| Amounts receivable within one year | 40/41 | €21,839 | €41,087 | +€19,248 | +88.1% |
| Trade receivables | 40 | €17,574 | €40,901 | +€23,327 | +133% |
| Other amounts receivable | 41 | €4,265 | €186 | -€4,079 | -95.6% |
| Cash at bank and in hand | 54/58 | €35,363 | €31,190 | -€4,173 | -11.8% |
| Deferred charges and accrued income | 490/1 | €50 | - | -€50 | |
| Total equity and liabilities | 10/49 | €83,748 | €101,739 | +€17,990 | +21.5% |
| Equity | 10/15 | €36,344 | €36,689 | +€345 | +0.9% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €17,914 | €17,914 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31 | €31 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31 | €31 | = | 0.0% |
| Distributable reserves | 133 | €17,883 | €17,883 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€120 | €225 | +€345 | |
| Amounts payable | 17/49 | €47,404 | €65,050 | +€17,645 | +37.2% |
| Amounts payable after more than one year | 17 | €36,450 | €36,450 | = | 0.0% |
| Financial debts | 170/4 | €36,450 | €36,450 | = | 0.0% |
| Amounts payable within one year | 42/48 | €10,954 | €28,600 | +€17,645 | +161% |
| Trade debts | 44 | €2,293 | €17,810 | +€15,517 | +677% |
| Suppliers | 440/4 | €2,293 | €17,810 | +€15,517 | +677% |
| Taxes, remuneration and social security | 45 | €2,231 | €5,769 | +€3,538 | +159% |
| Taxes | 450/3 | €2,231 | €5,769 | +€3,538 | +159% |
| Other amounts payable | 47/48 | €6,430 | €5,020 | -€1,410 | -21.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,807 | €3,388 | +€1,580 | +87.5% |
| Other operating charges | 640/8 | €1,121 | €1,218 | +€97 | +8.7% |
| Gross operating margin | 9900 | €4,385 | €9,071 | +€4,686 | +107% |
| Operating profit (loss) | 9901 | €1,457 | €4,465 | +€3,008 | +206% |
| Financial income | 75/76B | €2,088 | €1,694 | -€394 | -18.9% |
| Recurring financial income | 75 | €2,088 | €1,694 | -€394 | -18.9% |
| Financial charges | 65/66B | €2,931 | €4,501 | +€1,570 | +53.6% |
| Recurring financial charges | 65 | €2,931 | €4,501 | +€1,570 | +53.6% |
| Profit (loss) for the period before taxes | 9903 | €615 | €1,659 | +€1,044 | +170% |
| Income taxes | 67/77 | €735 | €1,314 | +€579 | +78.8% |
| Profit (loss) for the period | 9904 | -€120 | €345 | +€465 | |
| Profit (loss) for the period to be appropriated | 9905 | -€120 | €345 | +€465 |
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.