LOSHOP: 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.
What changed
LOSHOP
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€114,975
2024 · €105,211+€9,764
Equity
€1.1m
2024 · €1.0m+€114,975
Cash
€193,181
2024 · €179,514+€13,668
Balance sheet total
€4.2m
2024 · €4.2m-€16,447
Largest movements
Assets
- Tangible fixed assets -€77,545
down €77,545 (-2.1%), from €3.6m to €3.6m
of which Plant, machinery and equipment: -€111,235
- Receivables within one year +€45,782
up €45,782 (+12.1%), from €379,183 to €424,965
of which Other amounts receivable: +€71,945
Equity and liabilities
- Other debts -€135,555
down €135,555 (-8.9%), from €1.5m to €1.4m
- Reserves +€114,975
up €114,975 (+12.1%), from €951,098 to €1.1m
of which Distributable reserves: +€117,986
Income statement
- Gross operating margin +€70,951
up €70,951 (+6.5%), from €1.1m to €1.2m
- Financial charges +€60,563
up €60,563 (+7.5%), from €810,910 to €871,473
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.
Result 2024
€105,211
Gross operating margin
+€70,951
Depreciation
-€1,524
Other operating charges
-€4,163
Financial income
+€5,981
Financial charges
-€60,563
Taxes
-€1,722
Deferred taxes and other
+€805
Result 2025
€114,975
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.
From operations
+€34,206
Investment
-€20,538
Financing
€0
Cash 2024
€179,514
From operations (derived)
+€34,206
Net result for the year
+€114,975
Depreciation
+€98,083
Receivables within one year
-€45,782
Deferred charges and accrued income
-€1,648
Provisions
-€1,004
Trade debts
+€10,910
Tax, wage and social debts
-€28,816
Advances received
+€2,981
Other debts
-€135,555
Accrued charges and deferred income
+€20,061
Investment (derived)
-€20,538
Investment in fixed assets (net)
-€20,538
Cash 2025
€193,181
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,200,131 | €4,183,684 | -€16,447 | -0.4% |
| Fixed assets | 21/28 | €3,641,434 | €3,563,889 | -€77,545 | -2.1% |
| Tangible fixed assets | 22/27 | €3,641,434 | €3,563,889 | -€77,545 | -2.1% |
| Land and buildings | 22 | €3,530,199 | €3,563,889 | +€33,690 | +1.0% |
| Plant, machinery and equipment | 23 | €111,235 | €0 | -€111,235 | -100.0% |
| Current assets | 29/58 | €558,697 | €619,795 | +€61,098 | +10.9% |
| Amounts receivable within one year | 40/41 | €379,183 | €424,965 | +€45,782 | +12.1% |
| Trade receivables | 40 | €36,040 | €9,877 | -€26,163 | -72.6% |
| Other amounts receivable | 41 | €343,144 | €415,088 | +€71,945 | +21.0% |
| Cash at bank and in hand | 54/58 | €179,514 | €193,181 | +€13,668 | +7.6% |
| Deferred charges and accrued income | 490/1 | - | €1,648 | +€1,648 | |
| Total equity and liabilities | 10/49 | €4,200,131 | €4,183,684 | -€16,447 | -0.4% |
| Equity | 10/15 | €1,001,098 | €1,116,073 | +€114,975 | +11.5% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €951,098 | €1,066,073 | +€114,975 | +12.1% |
| Non-distributable reserves | 130/1 | €5,000 | €5,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,000 | €5,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €43,970 | €40,959 | -€3,011 | -6.8% |
| Distributable reserves | 133 | €902,128 | €1,020,114 | +€117,986 | +13.1% |
| Provisions and deferred taxes | 16 | €14,657 | €13,653 | -€1,004 | -6.8% |
| Deferred taxes | 168 | €14,657 | €13,653 | -€1,004 | -6.8% |
| Amounts payable | 17/49 | €3,184,376 | €3,053,958 | -€130,419 | -4.1% |
| Amounts payable after more than one year | 17 | €1,350,000 | €1,350,000 | = | 0.0% |
| Financial debts | 170/4 | €1,350,000 | €1,350,000 | = | 0.0% |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,817,322 | €1,666,842 | -€150,480 | -8.3% |
| Trade debts | 44 | €3,840 | €14,750 | +€10,910 | +284.1% |
| Suppliers | 440/4 | €3,840 | €14,750 | +€10,910 | +284.1% |
| Advances received on contracts in progress | 46 | €10,486 | €13,467 | +€2,981 | +28.4% |
| Taxes, remuneration and social security | 45 | €286,324 | €257,508 | -€28,816 | -10.1% |
| Taxes | 450/3 | €286,324 | €257,508 | -€28,816 | -10.1% |
| Other amounts payable | 47/48 | €1,516,673 | €1,381,118 | -€135,555 | -8.9% |
| Accrued charges and deferred income | 492/3 | €17,054 | €37,115 | +€20,061 | +117.6% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €96,559 | €98,083 | +€1,524 | +1.6% |
| Other operating charges | 640/8 | €44,368 | €48,531 | +€4,163 | +9.4% |
| Gross operating margin | 9900 | €1,086,622 | €1,157,572 | +€70,951 | +6.5% |
| Operating profit (loss) | 9901 | €945,695 | €1,010,958 | +€65,263 | +6.9% |
| Financial income | 75/76B | €8,236 | €14,216 | +€5,981 | +72.6% |
| Recurring financial income | 75 | €8,236 | €14,216 | +€5,981 | +72.6% |
| Financial charges | 65/66B | €810,910 | €871,473 | +€60,563 | +7.5% |
| Recurring financial charges | 65 | €810,910 | €871,473 | +€60,563 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €143,020 | €153,701 | +€10,681 | +7.5% |
| Transfer from deferred taxes | 780 | €199 | €1,004 | +€805 | +405.0% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €38,008 | €39,730 | +€1,722 | +4.5% |
| Profit (loss) for the period | 9904 | €105,211 | €114,975 | +€9,764 | +9.3% |
| Transfer from tax-exempt reserves | 789 | €596 | €3,011 | +€2,415 | +405.0% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €105,808 | €117,986 | +€12,178 | +11.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.