LOSAMA: 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.
LOSAMA
Largest movements
- Tangible fixed assets -€25,156
down €25,156 (-6.3%), from €398,906 to €373,750
- Receivables within one year +€10,000
up €10,000, from €0 to €10,000
- Debts after one year -€39,276
down €39,276 (-12.6%), from €312,411 to €273,135
- Reserves +€13,799
up €13,799 (+136%), from €10,153 to €23,952
- Tax, wage and social debts +€6,905
up €6,905 (+133%), from €5,199 to €12,104
- Financial charges -€2,084
down €2,084 (-19.4%), from €10,743 to €8,659
- Taxes +€1,707
up €1,707 (+32.8%), from €5,199 to €6,905
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 | €463,344 | €445,750 | -€17,595 | -3.8% |
| Fixed assets | 21/28 | €398,906 | €373,750 | -€25,156 | -6.3% |
| Tangible fixed assets | 22/27 | €398,906 | €373,750 | -€25,156 | -6.3% |
| Land and buildings | 22 | €398,906 | €373,750 | -€25,156 | -6.3% |
| Current assets | 29/58 | €64,438 | €72,000 | +€7,562 | +11.7% |
| Amounts receivable within one year | 40/41 | €0 | €10,000 | +€10,000 | |
| Trade receivables | 40 | €0 | €10,000 | +€10,000 | |
| Cash at bank and in hand | 54/58 | €64,091 | €61,642 | -€2,449 | -3.8% |
| Deferred charges and accrued income | 490/1 | €347 | €358 | +€11 | +3.2% |
| Total equity and liabilities | 10/49 | €463,344 | €445,750 | -€17,595 | -3.8% |
| Equity | 10/15 | €28,753 | €42,552 | +€13,799 | +48.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €10,153 | €23,952 | +€13,799 | +136% |
| Distributable reserves | 133 | €10,153 | €23,952 | +€13,799 | +136% |
| Amounts payable | 17/49 | €434,591 | €403,198 | -€31,394 | -7.2% |
| Amounts payable after more than one year | 17 | €312,411 | €273,135 | -€39,276 | -12.6% |
| Financial debts | 170/4 | €312,411 | €273,135 | -€39,276 | -12.6% |
| Amounts payable within one year | 42/48 | €121,428 | €129,391 | +€7,963 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €37,696 | €41,851 | +€4,155 | +11.0% |
| Trade debts | 44 | €387 | €0 | -€387 | -100% |
| Suppliers | 440/4 | €387 | €0 | -€387 | -100% |
| Taxes, remuneration and social security | 45 | €5,199 | €12,104 | +€6,905 | +133% |
| Taxes | 450/3 | €5,199 | €12,104 | +€6,905 | +133% |
| Other amounts payable | 47/48 | €78,146 | €75,435 | -€2,710 | -3.5% |
| Accrued charges and deferred income | 492/3 | €752 | €672 | -€80 | -10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,156 | €25,156 | = | 0.0% |
| Other operating charges | 640/8 | €2,883 | €2,974 | +€90 | +3.1% |
| Gross operating margin | 9900 | €57,978 | €57,494 | -€485 | -0.8% |
| Operating profit (loss) | 9901 | €29,939 | €29,364 | -€575 | -1.9% |
| Financial charges | 65/66B | €10,743 | €8,659 | -€2,084 | -19.4% |
| Recurring financial charges | 65 | €10,743 | €8,659 | -€2,084 | -19.4% |
| Profit (loss) for the period before taxes | 9903 | €19,195 | €20,704 | +€1,509 | +7.9% |
| Income taxes | 67/77 | €5,199 | €6,905 | +€1,707 | +32.8% |
| Profit (loss) for the period | 9904 | €13,997 | €13,799 | -€198 | -1.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,997 | €13,799 | -€198 | -1.4% |
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 15 October 2026 via checked.be.