LOSGOED: 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.
LOSGOED
Largest movements
- Tangible fixed assets -€26,544
down €26,544 (-3.5%), from €749,031 to €722,487
of which Land and buildings: -€26,534
- Cash +€17,254
up €17,254 (+72.6%), from €23,779 to €41,032
mainly Depreciation (+€27,853) and Net result for the year (+€22,744)
- Debts after one year -€36,158
down €36,158 (-7.6%), from €477,344 to €441,186
- Profit (loss) carried forward +€22,744
up €22,744 (+76.6%), from -€29,684 to -€6,940
- Gross operating margin -€32,542
down €32,542 (-29.9%), from €108,742 to €76,201
- Financial charges -€3,230
down €3,230 (-13.9%), from €23,247 to €20,017
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 | €801,278 | €792,978 | -€8,300 | -1.0% |
| Fixed assets | 21/28 | €749,031 | €722,487 | -€26,544 | -3.5% |
| Tangible fixed assets | 22/27 | €749,031 | €722,487 | -€26,544 | -3.5% |
| Land and buildings | 22 | €746,678 | €720,144 | -€26,534 | -3.6% |
| Furniture and vehicles | 24 | €2,353 | €2,343 | -€10 | -0.4% |
| Current assets | 29/58 | €52,247 | €70,491 | +€18,244 | +34.9% |
| Amounts receivable within one year | 40/41 | €27,596 | €28,119 | +€523 | +1.9% |
| Trade receivables | 40 | €27,596 | €28,119 | +€523 | +1.9% |
| Cash at bank and in hand | 54/58 | €23,779 | €41,032 | +€17,254 | +72.6% |
| Deferred charges and accrued income | 490/1 | €872 | €1,340 | +€468 | +53.6% |
| Total equity and liabilities | 10/49 | €801,278 | €792,978 | -€8,300 | -1.0% |
| Equity | 10/15 | €170,316 | €193,060 | +€22,744 | +13.4% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,684 | -€6,940 | +€22,744 | +76.6% |
| Amounts payable | 17/49 | €630,962 | €599,918 | -€31,044 | -4.9% |
| Amounts payable after more than one year | 17 | €477,344 | €441,186 | -€36,158 | -7.6% |
| Financial debts | 170/4 | €477,344 | €441,186 | -€36,158 | -7.6% |
| Amounts payable within one year | 42/48 | €144,421 | €149,619 | +€5,198 | +3.6% |
| Current portion of amounts payable after more than one year | 42 | €35,243 | €36,158 | +€915 | +2.6% |
| Financial debts | 43 | €4,875 | €1,267 | -€3,608 | -74.0% |
| Other loans | 439 | €4,875 | €1,267 | -€3,608 | -74.0% |
| Trade debts | 44 | €4,182 | €5,483 | +€1,301 | +31.1% |
| Suppliers | 440/4 | €4,182 | €5,483 | +€1,301 | +31.1% |
| Taxes, remuneration and social security | 45 | - | €937 | +€937 | |
| Taxes | 450/3 | - | €937 | +€937 | |
| Other amounts payable | 47/48 | €100,121 | €105,774 | +€5,653 | +5.6% |
| Accrued charges and deferred income | 492/3 | €9,197 | €9,114 | -€83 | -0.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,429 | €27,853 | +€424 | +1.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,323 | €4,531 | -€792 | -14.9% |
| Gross operating margin | 9900 | €108,742 | €76,201 | -€32,542 | -29.9% |
| Operating profit (loss) | 9901 | €75,991 | €43,817 | -€32,174 | -42.3% |
| Financial income | 75/76B | - | €31 | +€31 | |
| Recurring financial income | 75 | - | €31 | +€31 | |
| Financial charges | 65/66B | €23,247 | €20,017 | -€3,230 | -13.9% |
| Recurring financial charges | 65 | €23,247 | €20,017 | -€3,230 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | €52,744 | €23,831 | -€28,913 | -54.8% |
| Income taxes | 67/77 | - | €1,087 | +€1,087 | |
| Profit (loss) for the period | 9904 | €52,744 | €22,744 | -€30,000 | -56.9% |
| Profit (loss) for the period to be appropriated | 9905 | €52,744 | €22,744 | -€30,000 | -56.9% |
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 9 October 2026 via checked.be.