LOSARNE: what changed
Two fiscal 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.
LOSARNE
Largest movements
- Tangible fixed assets +€373,271
up €373,271 (+631.4%), from €59,121 to €432,392
of which Land and buildings: +€374,104
- Receivables within one year -€8,326
down €8,326 (-26.6%), from €31,350 to €23,024
- Debts after one year +€378,838
up €378,838 (+542.3%), from €69,856 to €448,694
- Profit (loss) carried forward -€9,188
down €9,188 (-248.2%), from -€3,702 to -€12,890
- Trade debts -€4,968
down €4,968 (-43.2%), from €11,491 to €6,523
- Gross operating margin +€19,004
up €19,004 (+290.4%), from €6,544 to €25,548
- Depreciation +€17,509
up €17,509 (+945.4%), from €1,852 to €19,360
- Financial charges +€6,482
up €6,482 (+77.2%), from €8,394 to €14,875
- Other operating charges +€500
new in 2025: €500
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 | €93,013 | €458,173 | +€365,160 | +392.6% |
| Fixed assets | 21/28 | €59,121 | €432,392 | +€373,271 | +631.4% |
| Tangible fixed assets | 22/27 | €59,121 | €432,392 | +€373,271 | +631.4% |
| Land and buildings | 22 | €50,907 | €425,011 | +€374,104 | +734.9% |
| Plant, machinery and equipment | 23 | €8,214 | €7,382 | -€833 | -10.1% |
| Current assets | 29/58 | €33,891 | €25,781 | -€8,111 | -23.9% |
| Amounts receivable within one year | 40/41 | €31,350 | €23,024 | -€8,326 | -26.6% |
| Other amounts receivable | 41 | €31,350 | €23,024 | -€8,326 | -26.6% |
| Cash at bank and in hand | 54/58 | €2,541 | €2,757 | +€215 | +8.5% |
| Total equity and liabilities | 10/49 | €93,013 | €458,173 | +€365,160 | +392.6% |
| Equity | 10/15 | -€3,702 | -€12,890 | -€9,188 | -248.2% |
| Profit (loss) carried forward | 14 | -€3,702 | -€12,890 | -€9,188 | -248.2% |
| Amounts payable | 17/49 | €96,715 | €471,063 | +€374,348 | +387.1% |
| Amounts payable after more than one year | 17 | €69,856 | €448,694 | +€378,838 | +542.3% |
| Financial debts | 170/4 | €69,856 | €448,694 | +€378,838 | +542.3% |
| Amounts payable within one year | 42/48 | €24,359 | €18,777 | -€5,582 | -22.9% |
| Current portion of amounts payable after more than one year | 42 | €12,868 | €12,254 | -€613 | -4.8% |
| Trade debts | 44 | €11,491 | €6,523 | -€4,968 | -43.2% |
| Suppliers | 440/4 | €11,491 | €6,523 | -€4,968 | -43.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | €3,592 | +€1,092 | +43.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,852 | €19,360 | +€17,509 | +945.4% |
| Other operating charges | 640/8 | - | €500 | +€500 | |
| Gross operating margin | 9900 | €6,544 | €25,548 | +€19,004 | +290.4% |
| Operating profit (loss) | 9901 | €4,692 | €5,688 | +€996 | +21.2% |
| Financial charges | 65/66B | €8,394 | €14,875 | +€6,482 | +77.2% |
| Recurring financial charges | 65 | €8,394 | €14,875 | +€6,482 | +77.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,702 | -€9,188 | -€5,486 | -148.2% |
| Profit (loss) for the period | 9904 | -€3,702 | -€9,188 | -€5,486 | -148.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,702 | -€9,188 | -€5,486 | -148.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.