LOTRACO: 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.
What changed
LOTRACO
NACE 49.410, Freight transport by road
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€77,053
2024 · €24,427+€52,626
Equity
€2.1m
2024 · €2.0m+€77,053
Cash
€500,455
2024 · €346,093+€154,362
Balance sheet total
€3.2m
2024 · €3.1m+€62,049
Largest movements
Assets
- Cash +€154,362
up €154,362 (+44.6%), from €346,093 to €500,455
mainly Depreciation (+€100,359) and Net result for the year (+€77,053)
- Tangible fixed assets -€86,026
down €86,026 (-3.2%), from €2.7m to €2.6m
of which Land and buildings: -€84,794
Equity and liabilities
- Profit (loss) carried forward +€77,771
up €77,771 (+11.0%), from €708,683 to €786,454
Income statement
- Gross operating margin +€76,090
up €76,090 (+36.8%), from €206,502 to €282,592
- Taxes +€14,965
up €14,965 (+228%), from €6,554 to €21,519
- Financial charges +€6,476
up €6,476 (+9.5%), from €68,353 to €74,829
- Other operating charges +€3,096
up €3,096 (+46.0%), from €6,724 to €9,820
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.
Result 2024
€24,427
Gross operating margin
+€76,090
Depreciation
+€1,074
Other operating charges
-€3,096
Financial income
-€2
Financial charges
-€6,476
Taxes
-€14,965
Result 2025
€77,053
raises the resultlowers the result
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.
From operations
+€168,695
Investment
-€14,333
Financing
€0
Cash 2024
€346,093
From operations (derived)
+€168,695
Net result for the year
+€77,053
Depreciation
+€100,359
Stocks and contracts
+€2,031
Receivables within one year
+€1,453
Deferred charges and accrued income
+€2,803
Provisions
-€988
Trade debts
-€18,570
Tax, wage and social debts
-€531
Other debts
-€4,235
Accrued charges and deferred income
+€9,319
Investment (derived)
-€14,333
Investment in fixed assets (net)
-€14,333
Cash 2025
€500,455
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,120,352 | €3,182,402 | +€62,049 | +2.0% |
| Fixed assets | 21/28 | €2,704,542 | €2,618,516 | -€86,026 | -3.2% |
| Tangible fixed assets | 22/27 | €2,704,542 | €2,618,516 | -€86,026 | -3.2% |
| Land and buildings | 22 | €2,699,527 | €2,614,734 | -€84,794 | -3.1% |
| Plant, machinery and equipment | 23 | €5,014 | €3,782 | -€1,232 | -24.6% |
| Current assets | 29/58 | €415,810 | €563,886 | +€148,076 | +35.6% |
| Stocks and contracts in progress | 3 | €5,805 | €3,774 | -€2,031 | -35.0% |
| Stocks | 30/36 | €5,805 | €3,774 | -€2,031 | -35.0% |
| Amounts receivable within one year | 40/41 | €51,185 | €49,732 | -€1,453 | -2.8% |
| Trade receivables | 40 | €47,739 | €49,732 | +€1,993 | +4.2% |
| Other amounts receivable | 41 | €3,446 | - | -€3,446 | |
| Cash at bank and in hand | 54/58 | €346,093 | €500,455 | +€154,362 | +44.6% |
| Deferred charges and accrued income | 490/1 | €12,728 | €9,925 | -€2,803 | -22.0% |
| Total equity and liabilities | 10/49 | €3,120,352 | €3,182,402 | +€62,049 | +2.0% |
| Equity | 10/15 | €1,995,256 | €2,072,309 | +€77,053 | +3.9% |
| Contributions | 10/11 | €879,000 | €879,000 | = | 0.0% |
| Capital | 10 | €879,000 | €879,000 | = | 0.0% |
| Issued capital | 100 | €879,000 | €879,000 | = | 0.0% |
| Reserves | 13 | €407,573 | €406,854 | -€718 | -0.2% |
| Non-distributable reserves | 130/1 | €85,656 | €87,900 | +€2,244 | +2.6% |
| Legal reserve | 130 | €85,656 | €87,900 | +€2,244 | +2.6% |
| Tax-exempt reserves | 132 | €213,317 | €210,354 | -€2,963 | -1.4% |
| Distributable reserves | 133 | €108,600 | €108,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €708,683 | €786,454 | +€77,771 | +11.0% |
| Provisions and deferred taxes | 16 | €18,616 | €17,629 | -€988 | -5.3% |
| Deferred taxes | 168 | €18,616 | €17,629 | -€988 | -5.3% |
| Amounts payable | 17/49 | €1,106,480 | €1,092,464 | -€14,016 | -1.3% |
| Amounts payable within one year | 42/48 | €1,019,390 | €996,055 | -€23,335 | -2.3% |
| Trade debts | 44 | €22,459 | €3,889 | -€18,570 | -82.7% |
| Suppliers | 440/4 | €22,459 | €3,889 | -€18,570 | -82.7% |
| Taxes, remuneration and social security | 45 | €13,998 | €13,467 | -€531 | -3.8% |
| Taxes | 450/3 | €11,865 | €11,334 | -€531 | -4.5% |
| Remuneration and social security | 454/9 | €2,133 | €2,133 | = | 0.0% |
| Other amounts payable | 47/48 | €982,933 | €978,698 | -€4,235 | -0.4% |
| Accrued charges and deferred income | 492/3 | €87,090 | €96,409 | +€9,319 | +10.7% |
| Non-recurring operating income | 76A | €4,000 | €1,322 | -€2,678 | -66.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €101,433 | €100,359 | -€1,074 | -1.1% |
| Other operating charges | 640/8 | €6,724 | €9,820 | +€3,096 | +46.0% |
| Gross operating margin | 9900 | €206,502 | €282,592 | +€76,090 | +36.8% |
| Operating profit (loss) | 9901 | €98,345 | €172,413 | +€74,068 | +75.3% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €68,353 | €74,829 | +€6,476 | +9.5% |
| Recurring financial charges | 65 | €68,353 | €74,829 | +€6,476 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €29,993 | €97,584 | +€67,591 | +225% |
| Transfer from deferred taxes | 780 | €988 | €988 | = | 0.0% |
| Income taxes | 67/77 | €6,554 | €21,519 | +€14,965 | +228% |
| Profit (loss) for the period | 9904 | €24,427 | €77,053 | +€52,626 | +215% |
| Transfer from tax-exempt reserves | 789 | €2,963 | €2,963 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €27,389 | €80,015 | +€52,626 | +192% |
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 25 October 2026 via checked.be.