LOTON: 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.
LOTON
Largest movements
- Receivables within one year -€22,735
down €22,735 (-62.9%), from €36,160 to €13,425
of which Trade receivables: -€20,507
- Cash -€15,000
down €15,000 (-52.6%), from €28,490 to €13,491
mainly Contributions, distributions and other (-€114,081) and Deferred charges and accrued income (-€836)
- Profit (loss) carried forward -€71,934
no longer reported in 2025 (was €71,934)
- Other debts +€34,984
up €34,984 (+1166.1%), from €3,000 to €37,984
- Gross operating margin +€9,487
up €9,487 (+21.2%), from €44,751 to €54,238
- Taxes +€1,988
up €1,988 (+19.1%), from €10,409 to €12,397
- Financial income +€614
up €614 (+103.9%), from €591 to €1,206
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 | €124,233 | €87,963 | -€36,270 | -29.2% |
| Fixed assets | 21/28 | €253 | €60 | -€193 | -76.3% |
| Tangible fixed assets | 22/27 | €193 | - | -€193 | |
| Furniture and vehicles | 24 | €193 | - | -€193 | |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €123,980 | €87,903 | -€36,077 | -29.1% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €36,160 | €13,425 | -€22,735 | -62.9% |
| Trade receivables | 40 | €33,932 | €13,425 | -€20,507 | -60.4% |
| Other amounts receivable | 41 | €2,228 | - | -€2,228 | |
| Current investments | 50/53 | €34,257 | €35,079 | +€822 | +2.4% |
| Cash at bank and in hand | 54/58 | €28,490 | €13,491 | -€15,000 | -52.6% |
| Deferred charges and accrued income | 490/1 | €72 | €908 | +€836 | +1158.4% |
| Total equity and liabilities | 10/49 | €124,233 | €87,963 | -€36,270 | -29.2% |
| Equity | 10/15 | €110,934 | €39,000 | -€71,934 | -64.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €34,000 | €34,000 | = | 0.0% |
| Distributable reserves | 133 | €34,000 | €34,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €71,934 | - | -€71,934 | |
| Amounts payable | 17/49 | €13,299 | €48,963 | +€35,664 | +268.2% |
| Amounts payable within one year | 42/48 | €13,299 | €48,963 | +€35,664 | +268.2% |
| Trade debts | 44 | - | €136 | +€136 | |
| Suppliers | 440/4 | - | €136 | +€136 | |
| Taxes, remuneration and social security | 45 | €10,299 | €10,843 | +€544 | +5.3% |
| Taxes | 450/3 | €10,299 | €10,843 | +€544 | +5.3% |
| Other amounts payable | 47/48 | €3,000 | €37,984 | +€34,984 | +1166.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €249 | €193 | -€55 | -22.2% |
| Other operating charges | 640/8 | €285 | €295 | +€10 | +3.4% |
| Gross operating margin | 9900 | €44,751 | €54,238 | +€9,487 | +21.2% |
| Operating profit (loss) | 9901 | €44,217 | €53,750 | +€9,533 | +21.6% |
| Financial income | 75/76B | €591 | €1,206 | +€614 | +103.9% |
| Recurring financial income | 75 | €591 | €1,206 | +€614 | +103.9% |
| Financial charges | 65/66B | €453 | €412 | -€41 | -9.1% |
| Recurring financial charges | 65 | €453 | €412 | -€41 | -9.1% |
| Profit (loss) for the period before taxes | 9903 | €44,355 | €54,543 | +€10,189 | +23.0% |
| Income taxes | 67/77 | €10,409 | €12,397 | +€1,988 | +19.1% |
| Profit (loss) for the period | 9904 | €33,946 | €42,146 | +€8,201 | +24.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,946 | €42,146 | +€8,201 | +24.2% |
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 5 October 2026 via checked.be.