LOTIKA: 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.
LOTIKA
Largest movements
- Receivables within one year +€50,009
up €50,009 (+82.0%), from €60,957 to €110,966
of which Trade receivables: +€54,283
- Cash -€19,710
down €19,710 (-29.6%), from €66,698 to €46,988
mainly Net result for the year (-€106,844) and Receivables within one year (-€50,009)
- Stocks and contracts +€16,939
up €16,939 (+6.4%), from €264,553 to €281,492
- Other debts +€183,154
up €183,154 (+182%), from €100,502 to €283,655
- Profit (loss) carried forward -€106,844
down €106,844 (-62.5%), from -€170,953 to -€277,797
- Trade debts -€29,933
down €29,933 (-38.7%), from €77,422 to €47,489
- Accrued charges and deferred income -€7,673
down €7,673 (-100%), from €7,673 to €0
- Tax, wage and social debts +€5,256
up €5,256 (+29.4%), from €17,873 to €23,129
of which Remuneration and social security: +€2,746
- Gross operating margin -€74,770
down €74,770, from €26,855 to -€47,915
- Staff costs +€34,917
up €34,917 (+204%), from €17,093 to €52,010
- Financial charges -€7,666
down €7,666 (-97.1%), from €7,897 to €231
- Depreciation -€4,248
down €4,248 (-67.3%), from €6,310 to €2,062
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 | €401,116 | €446,338 | +€45,222 | +11.3% |
| Fixed assets | 21/28 | €4,960 | €2,898 | -€2,062 | -41.6% |
| Tangible fixed assets | 22/27 | €4,960 | €2,898 | -€2,062 | -41.6% |
| Furniture and vehicles | 24 | €3,400 | €2,118 | -€1,282 | -37.7% |
| Other tangible fixed assets | 26 | €1,560 | €780 | -€780 | -50.0% |
| Current assets | 29/58 | €396,156 | €443,440 | +€47,284 | +11.9% |
| Stocks and contracts in progress | 3 | €264,553 | €281,492 | +€16,939 | +6.4% |
| Stocks | 30/36 | €264,553 | €281,492 | +€16,939 | +6.4% |
| Amounts receivable within one year | 40/41 | €60,957 | €110,966 | +€50,009 | +82.0% |
| Trade receivables | 40 | €45,209 | €99,492 | +€54,283 | +120% |
| Other amounts receivable | 41 | €15,748 | €11,474 | -€4,274 | -27.1% |
| Cash at bank and in hand | 54/58 | €66,698 | €46,988 | -€19,710 | -29.6% |
| Deferred charges and accrued income | 490/1 | €3,948 | €3,994 | +€46 | +1.2% |
| Total equity and liabilities | 10/49 | €401,116 | €446,338 | +€45,222 | +11.3% |
| Equity | 10/15 | €197,647 | €90,803 | -€106,844 | -54.1% |
| Contributions | 10/11 | €368,600 | €368,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€170,953 | -€277,797 | -€106,844 | -62.5% |
| Amounts payable | 17/49 | €203,469 | €355,535 | +€152,066 | +74.7% |
| Amounts payable within one year | 42/48 | €195,797 | €355,535 | +€159,738 | +81.6% |
| Financial debts | 43 | - | €1,262 | +€1,262 | |
| Credit institutions | 430/8 | - | €1,262 | +€1,262 | |
| Trade debts | 44 | €77,422 | €47,489 | -€29,933 | -38.7% |
| Suppliers | 440/4 | €77,422 | €47,489 | -€29,933 | -38.7% |
| Taxes, remuneration and social security | 45 | €17,873 | €23,129 | +€5,256 | +29.4% |
| Taxes | 450/3 | €9,917 | €12,427 | +€2,510 | +25.3% |
| Remuneration and social security | 454/9 | €7,957 | €10,703 | +€2,746 | +34.5% |
| Other amounts payable | 47/48 | €100,502 | €283,655 | +€183,154 | +182% |
| Accrued charges and deferred income | 492/3 | €7,673 | €0 | -€7,673 | -100% |
| Non-recurring operating income | 76A | €28,243 | €0 | -€28,243 | -100% |
| Remuneration, social security and pensions | 62 | €17,093 | €52,010 | +€34,917 | +204% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,310 | €2,062 | -€4,248 | -67.3% |
| Other operating charges | 640/8 | €519 | €475 | -€44 | -8.4% |
| Non-recurring operating charges | 66A | €15,109 | €3,986 | -€11,123 | -73.6% |
| Gross operating margin | 9900 | €26,855 | -€47,915 | -€74,770 | |
| Operating profit (loss) | 9901 | -€12,176 | -€106,449 | -€94,272 | -774% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €7,897 | €231 | -€7,666 | -97.1% |
| Recurring financial charges | 65 | €7,897 | €231 | -€7,666 | -97.1% |
| Profit (loss) for the period before taxes | 9903 | -€20,073 | -€106,680 | -€86,606 | -431% |
| Income taxes | 67/77 | €166 | €165 | -€1 | -0.6% |
| Profit (loss) for the period | 9904 | -€20,239 | -€106,844 | -€86,605 | -428% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,239 | -€106,844 | -€86,605 | -428% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.