LOTHY: 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.
LOTHY
Largest movements
- Tangible fixed assets -€30,919
down €30,919 (-14.4%), from €214,503 to €183,584
of which Land and buildings: -€29,258
- Cash -€2,243
down €2,243 (-38.2%), from €5,864 to €3,621
mainly Debts after one year (-€27,691) and Net result for the year (-€2,824)
- Debts after one year -€27,691
down €27,691 (-92.2%), from €30,020 to €2,329
- Profit (loss) carried forward -€2,824
down €2,824 (-1.6%), from -€176,217 to -€179,041
- Reserves -€2,558
down €2,558 (-8.2%), from €31,238 to €28,680
of which Tax-exempt reserves: -€2,558
- Depreciation -€2,124
down €2,124 (-6.4%), from €33,042 to €30,919
- Financial charges +€1,371
up €1,371 (+78.0%), from €1,758 to €3,129
of which Non-recurring financial charges: +€1,922
- Gross operating margin +€829
up €829 (+2.6%), from €32,297 to €33,126
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 | €221,987 | €188,049 | -€33,938 | -15.3% |
| Fixed assets | 21/28 | €214,503 | €183,584 | -€30,919 | -14.4% |
| Tangible fixed assets | 22/27 | €214,503 | €183,584 | -€30,919 | -14.4% |
| Land and buildings | 22 | €212,842 | €183,584 | -€29,258 | -13.7% |
| Furniture and vehicles | 24 | €1,661 | - | -€1,661 | |
| Current assets | 29/58 | €7,484 | €4,465 | -€3,019 | -40.3% |
| Amounts receivable within one year | 40/41 | €124 | €124 | = | 0.0% |
| Trade receivables | 40 | €124 | €124 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,864 | €3,621 | -€2,243 | -38.2% |
| Deferred charges and accrued income | 490/1 | €1,495 | €719 | -€776 | -51.9% |
| Total equity and liabilities | 10/49 | €221,987 | €188,049 | -€33,938 | -15.3% |
| Equity | 10/15 | -€82,978 | -€88,361 | -€5,382 | -6.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €31,238 | €28,680 | -€2,558 | -8.2% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,139 | €25,581 | -€2,558 | -9.1% |
| Profit (loss) carried forward | 14 | -€176,217 | -€179,041 | -€2,824 | -1.6% |
| Amounts payable | 17/49 | €304,965 | €276,409 | -€28,556 | -9.4% |
| Amounts payable after more than one year | 17 | €30,020 | €2,329 | -€27,691 | -92.2% |
| Financial debts | 170/4 | €30,020 | €2,329 | -€27,691 | -92.2% |
| Amounts payable within one year | 42/48 | €274,945 | €274,080 | -€865 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €27,218 | €27,691 | +€473 | +1.7% |
| Trade debts | 44 | €190 | €202 | +€12 | +6.2% |
| Suppliers | 440/4 | €190 | €202 | +€12 | +6.2% |
| Taxes, remuneration and social security | 45 | €1,639 | €2,135 | +€497 | +30.3% |
| Taxes | 450/3 | €1,639 | €2,135 | +€497 | +30.3% |
| Other amounts payable | 47/48 | €245,898 | €244,052 | -€1,846 | -0.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,042 | €30,919 | -€2,124 | -6.4% |
| Other operating charges | 640/8 | €4,759 | €4,612 | -€147 | -3.1% |
| Gross operating margin | 9900 | €32,297 | €33,126 | +€829 | +2.6% |
| Operating profit (loss) | 9901 | -€5,504 | -€2,405 | +€3,100 | +56.3% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €1,758 | €3,129 | +€1,371 | +78.0% |
| Recurring financial charges | 65 | €1,603 | €1,052 | -€551 | -34.4% |
| Non-recurring financial charges | 66B | €155 | €2,077 | +€1,922 | +1239.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,263 | -€5,522 | +€1,741 | +24.0% |
| Transfer from deferred taxes | 780 | €2,558 | €2,558 | = | 0.0% |
| Income taxes | 67/77 | €140 | -€140 | -€279 | |
| Profit (loss) for the period | 9904 | -€4,844 | -€2,824 | +€2,020 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,844 | -€2,824 | +€2,020 | +41.7% |
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 2 October 2026 via checked.be.