LOTALEX: 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.
LOTALEX
Largest movements
- Tangible fixed assets +€7,521
up €7,521 (+64.6%), from €11,639 to €19,160
- Receivables within one year +€4,917
up €4,917 (+3720.6%), from €132 to €5,049
of which Other amounts receivable: +€3,146
- Cash -€2,972
down €2,972 (-2.1%), from €141,471 to €138,499
mainly Contributions, distributions and other (-€80,000) and Investment in fixed assets (net) (-€14,281)
- Other debts +€65,460
up €65,460 (+147.7%), from €44,308 to €109,768
- Profit (loss) carried forward -€53,968
down €53,968 (-70.2%), from €76,875 to €22,907
- Tax, wage and social debts -€2,505
down €2,505 (-39.7%), from €6,305 to €3,800
- Depreciation -€4,247
down €4,247 (-38.6%), from €11,007 to €6,761
- Gross operating margin +€2,647
up €2,647 (+5.8%), from €45,769 to €48,416
- Taxes +€1,736
up €1,736 (+17.2%), from €10,119 to €11,854
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 | €153,242 | €162,708 | +€9,466 | +6.2% |
| Fixed assets | 21/28 | €11,639 | €19,160 | +€7,521 | +64.6% |
| Tangible fixed assets | 22/27 | €11,639 | €19,160 | +€7,521 | +64.6% |
| Plant, machinery and equipment | 23 | €11,639 | €19,160 | +€7,521 | +64.6% |
| Current assets | 29/58 | €141,603 | €143,548 | +€1,945 | +1.4% |
| Amounts receivable within one year | 40/41 | €132 | €5,049 | +€4,917 | +3720.6% |
| Trade receivables | 40 | €132 | €1,903 | +€1,771 | +1340.3% |
| Other amounts receivable | 41 | - | €3,146 | +€3,146 | |
| Cash at bank and in hand | 54/58 | €141,471 | €138,499 | -€2,972 | -2.1% |
| Total equity and liabilities | 10/49 | €153,242 | €162,708 | +€9,466 | +6.2% |
| Equity | 10/15 | €101,875 | €47,907 | -€53,968 | -53.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €24,000 | €24,000 | = | 0.0% |
| Distributable reserves | 133 | €24,000 | €24,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,875 | €22,907 | -€53,968 | -70.2% |
| Amounts payable | 17/49 | €51,368 | €114,801 | +€63,434 | +123.5% |
| Amounts payable within one year | 42/48 | €51,368 | €114,801 | +€63,434 | +123.5% |
| Trade debts | 44 | €755 | €1,234 | +€478 | +63.3% |
| Suppliers | 440/4 | €755 | €1,234 | +€478 | +63.3% |
| Taxes, remuneration and social security | 45 | €6,305 | €3,800 | -€2,505 | -39.7% |
| Taxes | 450/3 | €6,305 | €3,800 | -€2,505 | -39.7% |
| Other amounts payable | 47/48 | €44,308 | €109,768 | +€65,460 | +147.7% |
| Remuneration, social security and pensions | 62 | €114 | - | -€114 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,007 | €6,761 | -€4,247 | -38.6% |
| Other operating charges | 640/8 | €3,607 | €3,538 | -€69 | -1.9% |
| Gross operating margin | 9900 | €45,769 | €48,416 | +€2,647 | +5.8% |
| Operating profit (loss) | 9901 | €31,041 | €38,117 | +€7,076 | +22.8% |
| Financial income | 75/76B | €0 | €7 | +€7 | +2977.3% |
| Recurring financial income | 75 | €0 | €7 | +€7 | +2977.3% |
| Financial charges | 65/66B | €176 | €238 | +€62 | +35.1% |
| Recurring financial charges | 65 | €176 | €238 | +€62 | +35.1% |
| Profit (loss) for the period before taxes | 9903 | €30,865 | €37,886 | +€7,021 | +22.7% |
| Income taxes | 67/77 | €10,119 | €11,854 | +€1,736 | +17.2% |
| Profit (loss) for the period | 9904 | €20,746 | €26,032 | +€5,286 | +25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €20,746 | €26,032 | +€5,286 | +25.5% |
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 11 October 2026 via checked.be.