Lothinco: 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.
Lothinco
Largest movements
- Cash -€115,275
down €115,275 (-81.8%), from €140,992 to €25,718
mainly Contributions, distributions and other (-€194,110) and Other debts (-€63,427)
- Tangible fixed assets -€4,556
down €4,556 (-19.1%), from €23,874 to €19,318
of which Other tangible fixed assets: -€2,483
- Deferred charges and accrued income +€2,387
up €2,387 (+122.2%), from €1,953 to €4,340
- Other debts -€63,427
down €63,427 (-88.2%), from €71,923 to €8,496
- Reserves -€34,017
down €34,017 (-59.9%), from €56,780 to €22,763
- Tax, wage and social debts -€19,566
down €19,566 (-56.0%), from €34,952 to €15,386
- Gross operating margin +€167,777
up €167,777 (+336.0%), from €49,933 to €217,711
- Taxes +€39,095
up €39,095 (+363.6%), from €10,752 to €49,847
- Financial charges +€3,025
up €3,025 (+1309.0%), from €231 to €3,256
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 | €166,820 | €49,376 | -€117,444 | -70.4% |
| Fixed assets | 21/28 | €23,874 | €19,318 | -€4,556 | -19.1% |
| Tangible fixed assets | 22/27 | €23,874 | €19,318 | -€4,556 | -19.1% |
| Furniture and vehicles | 24 | €2,739 | €665 | -€2,074 | -75.7% |
| Other tangible fixed assets | 26 | €21,135 | €18,653 | -€2,483 | -11.7% |
| Current assets | 29/58 | €142,945 | €30,058 | -€112,888 | -79.0% |
| Cash at bank and in hand | 54/58 | €140,992 | €25,718 | -€115,275 | -81.8% |
| Deferred charges and accrued income | 490/1 | €1,953 | €4,340 | +€2,387 | +122.2% |
| Total equity and liabilities | 10/49 | €166,820 | €49,376 | -€117,444 | -70.4% |
| Equity | 10/15 | €57,780 | €23,763 | -€34,017 | -58.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €56,780 | €22,763 | -€34,017 | -59.9% |
| Distributable reserves | 133 | €56,780 | €22,763 | -€34,017 | -59.9% |
| Amounts payable | 17/49 | €109,040 | €25,613 | -€83,427 | -76.5% |
| Amounts payable within one year | 42/48 | €109,040 | €25,613 | -€83,427 | -76.5% |
| Trade debts | 44 | €2,165 | €1,731 | -€434 | -20.0% |
| Suppliers | 440/4 | €2,165 | €1,731 | -€434 | -20.0% |
| Taxes, remuneration and social security | 45 | €34,952 | €15,386 | -€19,566 | -56.0% |
| Taxes | 450/3 | €34,952 | €15,386 | -€19,566 | -56.0% |
| Other amounts payable | 47/48 | €71,923 | €8,496 | -€63,427 | -88.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,497 | €4,556 | +€59 | +1.3% |
| Other operating charges | 640/8 | €344 | €768 | +€423 | +123.1% |
| Gross operating margin | 9900 | €49,933 | €217,711 | +€167,777 | +336.0% |
| Operating profit (loss) | 9901 | €45,092 | €212,387 | +€167,295 | +371.0% |
| Financial income | 75/76B | €1 | €809 | +€808 | +61187.1% |
| Recurring financial income | 75 | €1 | €809 | +€808 | +61187.1% |
| Financial charges | 65/66B | €231 | €3,256 | +€3,025 | +1309.0% |
| Recurring financial charges | 65 | €231 | €3,256 | +€3,025 | +1309.0% |
| Profit (loss) for the period before taxes | 9903 | €44,862 | €209,940 | +€165,078 | +368.0% |
| Income taxes | 67/77 | €10,752 | €49,847 | +€39,095 | +363.6% |
| Profit (loss) for the period | 9904 | €34,110 | €160,093 | +€125,983 | +369.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,110 | €160,093 | +€125,983 | +369.3% |
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.