LOT 56: 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.
LOT 56
Largest movements
- Tangible fixed assets -€55,040
down €55,040 (-44.3%), from €124,218 to €69,178
of which Land and buildings: -€38,159
- Receivables within one year -€5,877
down €5,877 (-67.3%), from €8,740 to €2,862
of which Other amounts receivable: -€5,068
- Stocks and contracts +€5,392
up €5,392 (+67.9%), from €7,945 to €13,337
- Cash +€5,012
up €5,012 (+63.1%), from €7,939 to €12,951
mainly Depreciation (+€59,331) and Tax, wage and social debts (+€9,694)
- Reserves -€45,620
down €45,620 (-81.0%), from €56,303 to €10,684
- Debts after one year -€13,586
down €13,586 (-49.0%), from €27,740 to €14,153
- Tax, wage and social debts +€9,694
up €9,694 (+60.0%), from €16,159 to €25,853
of which Taxes: +€8,950
- Trade debts -€3,703
down €3,703 (-24.3%), from €15,264 to €11,561
- Other debts +€2,407
new in 2025: €2,407
- Financial income -€8,133
down €8,133 (-98.8%), from €8,235 to €102
- Gross operating margin +€6,525
up €6,525 (+6.9%), from €95,147 to €101,672
- Staff costs +€5,217
up €5,217 (+20.1%), from €26,014 to €31,231
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.
Derived cash bridge
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 | €151,441 | €101,137 | -€50,304 | -33.2% |
| Fixed assets | 21/28 | €124,218 | €69,178 | -€55,040 | -44.3% |
| Tangible fixed assets | 22/27 | €124,218 | €69,178 | -€55,040 | -44.3% |
| Land and buildings | 22 | €73,454 | €35,295 | -€38,159 | -51.9% |
| Plant, machinery and equipment | 23 | €11,028 | €6,195 | -€4,833 | -43.8% |
| Furniture and vehicles | 24 | €39,736 | €27,688 | -€12,048 | -30.3% |
| Current assets | 29/58 | €27,222 | €31,959 | +€4,737 | +17.4% |
| Stocks and contracts in progress | 3 | €7,945 | €13,337 | +€5,392 | +67.9% |
| Stocks | 30/36 | €7,945 | €13,337 | +€5,392 | +67.9% |
| Amounts receivable within one year | 40/41 | €8,740 | €2,862 | -€5,877 | -67.3% |
| Trade receivables | 40 | €3,545 | €2,736 | -€809 | -22.8% |
| Other amounts receivable | 41 | €5,194 | €126 | -€5,068 | -97.6% |
| Cash at bank and in hand | 54/58 | €7,939 | €12,951 | +€5,012 | +63.1% |
| Deferred charges and accrued income | 490/1 | €2,599 | €2,809 | +€210 | +8.1% |
| Total equity and liabilities | 10/49 | €151,441 | €101,137 | -€50,304 | -33.2% |
| Equity | 10/15 | €76,303 | €30,684 | -€45,620 | -59.8% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €56,303 | €10,684 | -€45,620 | -81.0% |
| Distributable reserves | 133 | €56,303 | €10,684 | -€45,620 | -81.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €75,137 | €70,454 | -€4,684 | -6.2% |
| Amounts payable after more than one year | 17 | €27,740 | €14,153 | -€13,586 | -49.0% |
| Financial debts | 170/4 | €27,740 | €14,153 | -€13,586 | -49.0% |
| Amounts payable within one year | 42/48 | €46,634 | €53,407 | +€6,773 | +14.5% |
| Current portion of amounts payable after more than one year | 42 | €15,212 | €13,586 | -€1,625 | -10.7% |
| Trade debts | 44 | €15,264 | €11,561 | -€3,703 | -24.3% |
| Suppliers | 440/4 | €15,264 | €11,561 | -€3,703 | -24.3% |
| Taxes, remuneration and social security | 45 | €16,159 | €25,853 | +€9,694 | +60.0% |
| Taxes | 450/3 | €15,273 | €24,223 | +€8,950 | +58.6% |
| Remuneration and social security | 454/9 | €886 | €1,631 | +€745 | +84.0% |
| Other amounts payable | 47/48 | - | €2,407 | +€2,407 | |
| Accrued charges and deferred income | 492/3 | €764 | €2,893 | +€2,130 | +279% |
| Remuneration, social security and pensions | 62 | €26,014 | €31,231 | +€5,217 | +20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,462 | €59,331 | -€130 | -0.2% |
| Other operating charges | 640/8 | €4,160 | €4,099 | -€60 | -1.4% |
| Gross operating margin | 9900 | €95,147 | €101,672 | +€6,525 | +6.9% |
| Operating profit (loss) | 9901 | €5,512 | €7,010 | +€1,498 | +27.2% |
| Financial income | 75/76B | €8,235 | €102 | -€8,133 | -98.8% |
| Recurring financial income | 75 | €8,235 | €102 | -€8,133 | -98.8% |
| Financial charges | 65/66B | €3,232 | €2,548 | -€683 | -21.1% |
| Recurring financial charges | 65 | €3,232 | €2,548 | -€683 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €10,516 | €4,564 | -€5,952 | -56.6% |
| Income taxes | 67/77 | €166 | €184 | +€18 | +11.0% |
| Profit (loss) for the period | 9904 | €10,350 | €4,380 | -€5,970 | -57.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,350 | €4,380 | -€5,970 | -57.7% |
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 23 October 2026 via checked.be.