LOTIS: 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.
LOTIS
Largest movements
- Receivables within one year -€25,948
down €25,948 (-76.2%), from €34,033 to €8,085
of which Trade receivables: -€28,485
- Cash -€3,831
down €3,831 (-29.1%), from €13,178 to €9,347
mainly Net result for the year (-€30,691) and Tax, wage and social debts (-€1,383)
- Profit (loss) carried forward -€30,691
down €30,691 (-38.4%), from -€79,927 to -€110,618
- Trade debts +€2,826
up €2,826 (+208.6%), from €1,355 to €4,181
- Gross operating margin -€20,007
down €20,007 (-222.9%), from -€8,976 to -€28,983
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €177,505 | €148,257 | -€29,248 | -16.5% |
| Fixed assets | 21/28 | €1,027 | €1,224 | +€197 | +19.2% |
| Tangible fixed assets | 22/27 | €1,027 | €1,224 | +€197 | +19.2% |
| Furniture and vehicles | 24 | - | €454 | +€454 | |
| Other tangible fixed assets | 26 | €1,027 | €770 | -€257 | -25.0% |
| Current assets | 29/58 | €176,478 | €147,033 | -€29,445 | -16.7% |
| Amounts receivable within one year | 40/41 | €34,033 | €8,085 | -€25,948 | -76.2% |
| Trade receivables | 40 | €32,554 | €4,070 | -€28,485 | -87.5% |
| Other amounts receivable | 41 | €1,479 | €4,015 | +€2,537 | +171.6% |
| Current investments | 50/53 | €128,582 | €128,925 | +€343 | +0.3% |
| Cash at bank and in hand | 54/58 | €13,178 | €9,347 | -€3,831 | -29.1% |
| Deferred charges and accrued income | 490/1 | €686 | €676 | -€9 | -1.4% |
| Total equity and liabilities | 10/49 | €177,505 | €148,257 | -€29,248 | -16.5% |
| Equity | 10/15 | €174,752 | €144,061 | -€30,691 | -17.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €248,479 | €248,479 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €246,624 | €246,624 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,927 | -€110,618 | -€30,691 | -38.4% |
| Amounts payable | 17/49 | €2,753 | €4,196 | +€1,444 | +52.4% |
| Amounts payable within one year | 42/48 | €2,753 | €4,196 | +€1,444 | +52.4% |
| Trade debts | 44 | €1,355 | €4,181 | +€2,826 | +208.6% |
| Suppliers | 440/4 | €1,355 | €4,181 | +€2,826 | +208.6% |
| Taxes, remuneration and social security | 45 | €1,398 | €15 | -€1,383 | -98.9% |
| Taxes | 450/3 | €1,398 | €15 | -€1,383 | -98.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €304 | +€48 | +18.6% |
| Other operating charges | 640/8 | €1,640 | €1,816 | +€176 | +10.7% |
| Gross operating margin | 9900 | -€8,976 | -€28,983 | -€20,007 | -222.9% |
| Operating profit (loss) | 9901 | -€10,873 | -€31,104 | -€20,231 | -186.1% |
| Financial income | 75/76B | €558 | €546 | -€12 | -2.1% |
| Recurring financial income | 75 | €558 | €546 | -€12 | -2.1% |
| Financial charges | 65/66B | €219 | €134 | -€85 | -38.8% |
| Recurring financial charges | 65 | €219 | €134 | -€85 | -38.8% |
| Profit (loss) for the period before taxes | 9903 | -€10,533 | -€30,691 | -€20,158 | -191.4% |
| Profit (loss) for the period | 9904 | -€10,533 | -€30,691 | -€20,158 | -191.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,533 | -€30,691 | -€20,158 | -191.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.