LOTSOF STOCKS: 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.
LOTSOF STOCKS
Largest movements
- Current investments -€1.0m
down €1.0m (-100.0%), from €1.0m to €0
- Cash +€191,746
up €191,746 (+45.4%), from €422,521 to €614,267
mainly Current investments (+€1.0m) and Net result for the year (+€284,108)
- Receivables within one year +€31,341
up €31,341 (+529.1%), from €5,923 to €37,264
of which Trade receivables: +€16,346
- Tangible fixed assets -€28,257
down €28,257 (-21.3%), from €132,412 to €104,156
of which Furniture and vehicles: -€27,620
- Other debts -€788,987
down €788,987 (-64.8%), from €1.2m to €428,885
- Gross operating margin -€117,626
down €117,626 (-20.4%), from €577,101 to €459,475
- Financial income +€48,983
up €48,983 (+3453.3%), from €1,418 to €50,401
- Taxes -€20,269
down €20,269 (-17.6%), from €115,274 to €95,005
- Depreciation +€7,804
up €7,804 (+22.3%), from €35,073 to €42,876
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 | €2,099,743 | €1,284,436 | -€815,307 | -38.8% |
| Fixed assets | 21/28 | €139,429 | €111,172 | -€28,257 | -20.3% |
| Tangible fixed assets | 22/27 | €132,412 | €104,156 | -€28,257 | -21.3% |
| Plant, machinery and equipment | 23 | €636 | €0 | -€636 | -100.0% |
| Furniture and vehicles | 24 | €131,776 | €104,156 | -€27,620 | -21.0% |
| Financial fixed assets | 28 | €7,017 | €7,017 | = | 0.0% |
| Current assets | 29/58 | €1,960,314 | €1,173,263 | -€787,051 | -40.1% |
| Stocks and contracts in progress | 3 | €530,725 | €520,526 | -€10,199 | -1.9% |
| Stocks | 30/36 | €530,725 | €520,526 | -€10,199 | -1.9% |
| Amounts receivable within one year | 40/41 | €5,923 | €37,264 | +€31,341 | +529.1% |
| Trade receivables | 40 | €5,923 | €22,269 | +€16,346 | +276.0% |
| Other amounts receivable | 41 | €0 | €14,995 | +€14,995 | |
| Current investments | 50/53 | €1,000,000 | €0 | -€1.0m | -100.0% |
| Cash at bank and in hand | 54/58 | €422,521 | €614,267 | +€191,746 | +45.4% |
| Deferred charges and accrued income | 490/1 | €1,146 | €1,207 | +€61 | +5.4% |
| Total equity and liabilities | 10/49 | €2,099,743 | €1,284,436 | -€815,307 | -38.8% |
| Equity | 10/15 | €769,967 | €754,075 | -€15,892 | -2.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €5,450 | €5,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,590 | €3,590 | = | 0.0% |
| Profit (loss) carried forward | 14 | €758,317 | €742,425 | -€15,892 | -2.1% |
| Amounts payable | 17/49 | €1,329,776 | €530,361 | -€799,415 | -60.1% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €1,320,206 | €526,661 | -€793,545 | -60.1% |
| Current portion of amounts payable after more than one year | 42 | €5,883 | €0 | -€5,883 | -100.0% |
| Trade debts | 44 | €5,430 | €15,962 | +€10,532 | +194.0% |
| Suppliers | 440/4 | €5,430 | €15,962 | +€10,532 | +194.0% |
| Advances received on contracts in progress | 46 | €51,789 | €53,954 | +€2,165 | +4.2% |
| Taxes, remuneration and social security | 45 | €39,232 | €27,860 | -€11,372 | -29.0% |
| Taxes | 450/3 | €29,973 | €18,006 | -€11,967 | -39.9% |
| Remuneration and social security | 454/9 | €9,259 | €9,854 | +€595 | +6.4% |
| Other amounts payable | 47/48 | €1,217,872 | €428,885 | -€788,987 | -64.8% |
| Accrued charges and deferred income | 492/3 | €9,570 | €3,700 | -€5,870 | -61.3% |
| Remuneration, social security and pensions | 62 | €75,855 | €76,281 | +€426 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,073 | €42,876 | +€7,804 | +22.3% |
| Other operating charges | 640/8 | €1,055 | €1,087 | +€33 | +3.1% |
| Gross operating margin | 9900 | €577,101 | €459,475 | -€117,626 | -20.4% |
| Operating profit (loss) | 9901 | €465,119 | €339,230 | -€125,889 | -27.1% |
| Financial income | 75/76B | €1,418 | €50,401 | +€48,983 | +3453.3% |
| Recurring financial income | 75 | €1,418 | €50,401 | +€48,983 | +3453.3% |
| Financial charges | 65/66B | €8,548 | €10,519 | +€1,971 | +23.1% |
| Recurring financial charges | 65 | €8,548 | €10,519 | +€1,971 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | €457,990 | €379,113 | -€78,877 | -17.2% |
| Income taxes | 67/77 | €115,274 | €95,005 | -€20,269 | -17.6% |
| Profit (loss) for the period | 9904 | €342,716 | €284,108 | -€58,608 | -17.1% |
| Profit (loss) for the period to be appropriated | 9905 | €342,716 | €284,108 | -€58,608 | -17.1% |
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 7 October 2026 via checked.be.