LOSC: 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.
LOSC
Largest movements
- Receivables within one year -€14,218
down €14,218 (-33.7%), from €42,215 to €27,996
of which Trade receivables: -€14,210
- Cash +€6,381
up €6,381 (+238.3%), from €2,677 to €9,058
mainly Receivables within one year (+€14,218) and Other debts (+€14,057)
- Tangible fixed assets -€2,570
down €2,570 (-32.5%), from €7,917 to €5,348
of which Furniture and vehicles: -€2,217
- Deferred charges and accrued income -€880
down €880 (-74.7%), from €1,178 to €299
- Other debts +€14,057
up €14,057 (+192.9%), from €7,287 to €21,344
- Reserves -€8,573
down €8,573 (-37.6%), from €22,828 to €14,255
- Tax, wage and social debts -€8,362
down €8,362 (-72.1%), from €11,604 to €3,242
of which Taxes: -€7,362
- Trade debts -€4,348
down €4,348 (-83.2%), from €5,226 to €878
- Current portion of long-term debt -€3,897
down €3,897 (-100.0%), from €3,897 to €0
- Gross operating margin -€14,649
down €14,649 (-54.7%), from €26,783 to €12,134
- Depreciation -€4,548
down €4,548 (-63.9%), from €7,118 to €2,570
- Taxes -€3,750
down €3,750 (-62.0%), from €6,045 to €2,295
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 | €53,988 | €42,701 | -€11,287 | -20.9% |
| Fixed assets | 21/28 | €7,917 | €5,348 | -€2,570 | -32.5% |
| Tangible fixed assets | 22/27 | €7,917 | €5,348 | -€2,570 | -32.5% |
| Furniture and vehicles | 24 | €5,353 | €3,136 | -€2,217 | -41.4% |
| Other tangible fixed assets | 26 | €2,565 | €2,212 | -€353 | -13.8% |
| Current assets | 29/58 | €46,070 | €37,353 | -€8,717 | -18.9% |
| Amounts receivable within one year | 40/41 | €42,215 | €27,996 | -€14,218 | -33.7% |
| Trade receivables | 40 | €41,812 | €27,603 | -€14,210 | -34.0% |
| Other amounts receivable | 41 | €402 | €393 | -€9 | -2.2% |
| Cash at bank and in hand | 54/58 | €2,677 | €9,058 | +€6,381 | +238.3% |
| Deferred charges and accrued income | 490/1 | €1,178 | €299 | -€880 | -74.7% |
| Total equity and liabilities | 10/49 | €53,988 | €42,701 | -€11,287 | -20.9% |
| Equity | 10/15 | €25,328 | €16,755 | -€8,573 | -33.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €22,828 | €14,255 | -€8,573 | -37.6% |
| Distributable reserves | 133 | €22,828 | €14,255 | -€8,573 | -37.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,660 | €25,946 | -€2,714 | -9.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €28,015 | €25,464 | -€2,550 | -9.1% |
| Current portion of amounts payable after more than one year | 42 | €3,897 | €0 | -€3,897 | -100.0% |
| Trade debts | 44 | €5,226 | €878 | -€4,348 | -83.2% |
| Suppliers | 440/4 | €5,226 | €878 | -€4,348 | -83.2% |
| Taxes, remuneration and social security | 45 | €11,604 | €3,242 | -€8,362 | -72.1% |
| Taxes | 450/3 | €10,604 | €3,242 | -€7,362 | -69.4% |
| Remuneration and social security | 454/9 | €1,000 | €0 | -€1,000 | -100.0% |
| Other amounts payable | 47/48 | €7,287 | €21,344 | +€14,057 | +192.9% |
| Accrued charges and deferred income | 492/3 | €646 | €482 | -€164 | -25.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,118 | €2,570 | -€4,548 | -63.9% |
| Other operating charges | 640/8 | €1,538 | €1,416 | -€122 | -8.0% |
| Gross operating margin | 9900 | €26,783 | €12,134 | -€14,649 | -54.7% |
| Operating profit (loss) | 9901 | €18,127 | €8,149 | -€9,978 | -55.0% |
| Financial income | 75/76B | €53 | €73 | +€20 | +37.8% |
| Recurring financial income | 75 | €53 | €73 | +€20 | +37.8% |
| Financial charges | 65/66B | €902 | €1,000 | +€98 | +10.9% |
| Recurring financial charges | 65 | €902 | €1,000 | +€98 | +10.9% |
| Profit (loss) for the period before taxes | 9903 | €17,279 | €7,222 | -€10,056 | -58.2% |
| Income taxes | 67/77 | €6,045 | €2,295 | -€3,750 | -62.0% |
| Profit (loss) for the period | 9904 | €11,234 | €4,927 | -€6,306 | -56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,234 | €4,927 | -€6,306 | -56.1% |
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 5 October 2026 via checked.be.