LOSATI: 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.
LOSATI
Largest movements
- Tangible fixed assets -€24,131
down €24,131 (-20.8%), from €115,938 to €91,807
of which Other tangible fixed assets: -€12,727
- Receivables within one year +€9,982
up €9,982 (+248.2%), from €4,022 to €14,004
- Current portion of long-term debt -€16,071
down €16,071 (-57.4%), from €28,009 to €11,939
- Other debts +€14,278
up €14,278 (+25.3%), from €56,463 to €70,741
- Debts after one year -€11,885
no longer reported in 2025 (was €11,885)
- Short-term financial debts -€1,892
down €1,892 (-77.6%), from €2,437 to €546
- Tax, wage and social debts +€1,280
up €1,280 (+40.2%), from €3,186 to €4,466
- Gross operating margin +€9,167
up €9,167 (+44.3%), from €20,693 to €29,861
- Depreciation +€5,578
up €5,578 (+30.1%), from €18,553 to €24,131
- Financial charges -€1,421
down €1,421 (-55.8%), from €2,545 to €1,125
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 | €121,090 | €106,866 | -€14,225 | -11.7% |
| Fixed assets | 21/28 | €115,938 | €91,807 | -€24,131 | -20.8% |
| Tangible fixed assets | 22/27 | €115,938 | €91,807 | -€24,131 | -20.8% |
| Land and buildings | 22 | €7,031 | - | -€7,031 | |
| Plant, machinery and equipment | 23 | €1,351 | €289 | -€1,062 | -78.6% |
| Furniture and vehicles | 24 | €4,240 | €2,549 | -€1,691 | -39.9% |
| Leasing and similar rights | 25 | €2,229 | €609 | -€1,621 | -72.7% |
| Other tangible fixed assets | 26 | €101,087 | €88,360 | -€12,727 | -12.6% |
| Current assets | 29/58 | €5,153 | €15,059 | +€9,906 | +192.3% |
| Amounts receivable within one year | 40/41 | €4,022 | €14,004 | +€9,982 | +248.2% |
| Trade receivables | 40 | €4,022 | €14,004 | +€9,982 | +248.2% |
| Cash at bank and in hand | 54/58 | €163 | €164 | +€1 | +0.4% |
| Deferred charges and accrued income | 490/1 | €968 | €891 | -€76 | -7.9% |
| Total equity and liabilities | 10/49 | €121,090 | €106,866 | -€14,225 | -11.7% |
| Equity | 10/15 | €16,308 | €17,154 | +€846 | +5.2% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €4,290 | €4,290 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,290 | €4,290 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,573 | -€5,728 | +€846 | +12.9% |
| Amounts payable | 17/49 | €104,782 | €89,712 | -€15,071 | -14.4% |
| Amounts payable after more than one year | 17 | €11,885 | - | -€11,885 | |
| Financial debts | 170/4 | €11,885 | - | -€11,885 | |
| Amounts payable within one year | 42/48 | €92,447 | €89,138 | -€3,309 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €28,009 | €11,939 | -€16,071 | -57.4% |
| Financial debts | 43 | €2,437 | €546 | -€1,892 | -77.6% |
| Credit institutions | 430/8 | €2,437 | €546 | -€1,892 | -77.6% |
| Trade debts | 44 | €2,351 | €1,446 | -€905 | -38.5% |
| Suppliers | 440/4 | €2,351 | €1,446 | -€905 | -38.5% |
| Taxes, remuneration and social security | 45 | €3,186 | €4,466 | +€1,280 | +40.2% |
| Taxes | 450/3 | €3,186 | €4,466 | +€1,280 | +40.2% |
| Other amounts payable | 47/48 | €56,463 | €70,741 | +€14,278 | +25.3% |
| Accrued charges and deferred income | 492/3 | €450 | €574 | +€124 | +27.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,553 | €24,131 | +€5,578 | +30.1% |
| Other operating charges | 640/8 | €2,351 | €2,250 | -€100 | -4.3% |
| Gross operating margin | 9900 | €20,693 | €29,861 | +€9,167 | +44.3% |
| Operating profit (loss) | 9901 | -€211 | €3,480 | +€3,690 | |
| Financial income | 75/76B | €37 | €7 | -€29 | -79.6% |
| Recurring financial income | 75 | €37 | €7 | -€29 | -79.6% |
| Financial charges | 65/66B | €2,545 | €1,125 | -€1,421 | -55.8% |
| Recurring financial charges | 65 | €2,545 | €1,125 | -€1,421 | -55.8% |
| Profit (loss) for the period before taxes | 9903 | -€2,719 | €2,362 | +€5,081 | |
| Income taxes | 67/77 | €1,355 | €1,517 | +€161 | +11.9% |
| Profit (loss) for the period | 9904 | -€4,074 | €846 | +€4,920 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,074 | €846 | +€4,920 |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.