Lotheo: 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.
Lotheo
Largest movements
- Cash +€17,734
up €17,734 (+226.1%), from €7,843 to €25,577
mainly Other debts (+€54,810) and Net result for the year (+€51,024)
- Receivables within one year -€9,151
down €9,151 (-9.1%), from €100,964 to €91,813
of which Trade receivables: -€6,021
- Other debts +€54,810
up €54,810 (+178.2%), from €30,753 to €85,564
- Profit (loss) carried forward -€33,394
down €33,394 (-100.0%), from €33,394 to €0
- Tax, wage and social debts -€6,665
down €6,665 (-35.6%), from €18,707 to €12,041
- Trade debts -€6,108
down €6,108 (-24.8%), from €24,622 to €18,514
- Gross operating margin +€31,249
up €31,249 (+91.3%), from €34,216 to €65,465
- Taxes +€6,261
up €6,261 (+83.8%), from €7,470 to €13,731
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 | €109,996 | €118,618 | +€8,623 | +7.8% |
| Fixed assets | 21/28 | €150 | €150 | = | 0.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €109,846 | €118,468 | +€8,623 | +7.8% |
| Amounts receivable within one year | 40/41 | €100,964 | €91,813 | -€9,151 | -9.1% |
| Trade receivables | 40 | €97,834 | €91,813 | -€6,021 | -6.2% |
| Other amounts receivable | 41 | €3,130 | €0 | -€3,130 | -100.0% |
| Cash at bank and in hand | 54/58 | €7,843 | €25,577 | +€17,734 | +226.1% |
| Deferred charges and accrued income | 490/1 | €1,039 | €1,079 | +€39 | +3.8% |
| Total equity and liabilities | 10/49 | €109,996 | €118,618 | +€8,623 | +7.8% |
| Equity | 10/15 | €35,894 | €2,500 | -€33,394 | -93.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,394 | €0 | -€33,394 | -100.0% |
| Amounts payable | 17/49 | €74,102 | €116,118 | +€42,017 | +56.7% |
| Amounts payable within one year | 42/48 | €74,082 | €116,118 | +€42,037 | +56.7% |
| Trade debts | 44 | €24,622 | €18,514 | -€6,108 | -24.8% |
| Suppliers | 440/4 | €24,622 | €18,514 | -€6,108 | -24.8% |
| Taxes, remuneration and social security | 45 | €18,707 | €12,041 | -€6,665 | -35.6% |
| Taxes | 450/3 | €18,707 | €12,041 | -€6,665 | -35.6% |
| Other amounts payable | 47/48 | €30,753 | €85,564 | +€54,810 | +178.2% |
| Accrued charges and deferred income | 492/3 | €20 | €0 | -€20 | -100.0% |
| Non-recurring operating income | 76A | €1,094 | €0 | -€1,094 | -100.0% |
| Other operating charges | 640/8 | €631 | €615 | -€16 | -2.5% |
| Non-recurring operating charges | 66A | - | €39 | +€39 | |
| Gross operating margin | 9900 | €34,216 | €65,465 | +€31,249 | +91.3% |
| Operating profit (loss) | 9901 | €33,585 | €64,811 | +€31,226 | +93.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €54 | €55 | +€1 | +2.5% |
| Recurring financial charges | 65 | €54 | €55 | +€1 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | €33,531 | €64,755 | +€31,224 | +93.1% |
| Income taxes | 67/77 | €7,470 | €13,731 | +€6,261 | +83.8% |
| Profit (loss) for the period | 9904 | €26,061 | €51,024 | +€24,963 | +95.8% |
| Profit (loss) for the period to be appropriated | 9905 | €26,061 | €51,024 | +€24,963 | +95.8% |
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 1 October 2026 via checked.be.