LOSTE: 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.
LOSTE
Largest movements
- Tangible fixed assets +€171,843
up €171,843 (+67.7%), from €253,735 to €425,578
of which Other tangible fixed assets: +€195,303
- Cash -€161,747
down €161,747 (-66.9%), from €241,826 to €80,079
mainly Investment in fixed assets (net) (-€407,894) and Deferred charges and accrued income (-€10,605)
- Intangible fixed assets +€146,151
new in 2025: €146,151
- Deferred charges and accrued income +€10,605
up €10,605 (+8039.0%), from €132 to €10,737
- Debts after one year +€90,000
up €90,000 (+37.5%), from €240,000 to €330,000
- Reserves +€52,777
up €52,777 (+37.7%), from €140,000 to €192,777
- Trade debts +€42,035
up €42,035 (+39.3%), from €106,869 to €148,905
- Profit (loss) carried forward -€7,925
down €7,925 (-100.0%), from €7,925 to €0
- Gross operating margin +€65,626
up €65,626 (+15.1%), from €433,846 to €499,472
- Staff costs +€54,900
up €54,900 (+32.9%), from €166,978 to €221,878
- Depreciation +€32,749
up €32,749 (+57.3%), from €57,151 to €89,900
- Taxes -€9,141
down €9,141 (-62.5%), from €14,621 to €5,479
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 | €515,812 | €687,760 | +€171,948 | +33.3% |
| Fixed assets | 21/28 | €253,735 | €571,728 | +€317,993 | +125.3% |
| Intangible fixed assets | 21 | - | €146,151 | +€146,151 | |
| Tangible fixed assets | 22/27 | €253,735 | €425,578 | +€171,843 | +67.7% |
| Plant, machinery and equipment | 23 | €238,353 | €218,333 | -€20,021 | -8.4% |
| Furniture and vehicles | 24 | €15,382 | €11,942 | -€3,440 | -22.4% |
| Other tangible fixed assets | 26 | - | €195,303 | +€195,303 | |
| Current assets | 29/58 | €262,078 | €116,032 | -€146,046 | -55.7% |
| Stocks and contracts in progress | 3 | - | €5,000 | +€5,000 | |
| Stocks | 30/36 | - | €5,000 | +€5,000 | |
| Amounts receivable within one year | 40/41 | €20,120 | €20,216 | +€97 | +0.5% |
| Trade receivables | 40 | €16,176 | €2,998 | -€13,178 | -81.5% |
| Other amounts receivable | 41 | €3,943 | €17,218 | +€13,275 | +336.6% |
| Cash at bank and in hand | 54/58 | €241,826 | €80,079 | -€161,747 | -66.9% |
| Deferred charges and accrued income | 490/1 | €132 | €10,737 | +€10,605 | +8039.0% |
| Total equity and liabilities | 10/49 | €515,812 | €687,760 | +€171,948 | +33.3% |
| Equity | 10/15 | €152,925 | €197,777 | +€44,852 | +29.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €140,000 | €192,777 | +€52,777 | +37.7% |
| Distributable reserves | 133 | €140,000 | €192,777 | +€52,777 | +37.7% |
| Profit (loss) carried forward | 14 | €7,925 | €0 | -€7,925 | -100.0% |
| Amounts payable | 17/49 | €362,887 | €489,983 | +€127,096 | +35.0% |
| Amounts payable after more than one year | 17 | €240,000 | €330,000 | +€90,000 | +37.5% |
| Financial debts | 170/4 | €240,000 | €330,000 | +€90,000 | +37.5% |
| Amounts payable within one year | 42/48 | €122,887 | €159,983 | +€37,096 | +30.2% |
| Trade debts | 44 | €106,869 | €148,905 | +€42,035 | +39.3% |
| Suppliers | 440/4 | €106,869 | €148,905 | +€42,035 | +39.3% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €16,018 | €11,078 | -€4,940 | -30.8% |
| Taxes | 450/3 | €14,621 | €5,687 | -€8,934 | -61.1% |
| Remuneration and social security | 454/9 | €1,397 | €5,391 | +€3,994 | +285.8% |
| Remuneration, social security and pensions | 62 | €166,978 | €221,878 | +€54,900 | +32.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,151 | €89,900 | +€32,749 | +57.3% |
| Other operating charges | 640/8 | €124,975 | €123,013 | -€1,962 | -1.6% |
| Gross operating margin | 9900 | €433,846 | €499,472 | +€65,626 | +15.1% |
| Operating profit (loss) | 9901 | €84,742 | €64,681 | -€20,061 | -23.7% |
| Financial income | 75/76B | €60 | €4 | -€56 | -94.0% |
| Recurring financial income | 75 | €60 | €4 | -€56 | -94.0% |
| Financial charges | 65/66B | €11,478 | €14,353 | +€2,876 | +25.1% |
| Recurring financial charges | 65 | €11,478 | €14,353 | +€2,876 | +25.1% |
| Profit (loss) for the period before taxes | 9903 | €73,325 | €50,331 | -€22,993 | -31.4% |
| Income taxes | 67/77 | €14,621 | €5,479 | -€9,141 | -62.5% |
| Profit (loss) for the period | 9904 | €58,704 | €44,852 | -€13,852 | -23.6% |
| Profit (loss) for the period to be appropriated | 9905 | €58,704 | €44,852 | -€13,852 | -23.6% |
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 4 October 2026 via checked.be.