Lotuk: 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.
Lotuk
Largest movements
- Cash -€114,033
down €114,033 (-82.1%), from €138,904 to €24,871
mainly Contributions, distributions and other (-€180,000) and Investment in fixed assets (net) (-€85,367)
- Tangible fixed assets +€80,945
up €80,945 (+1,048%), from €7,721 to €88,666
of which Furniture and vehicles: +€79,553
- Other debts -€75,000
down €75,000 (-71.4%), from €105,000 to €30,000
- Current portion of long-term debt +€56,371
new in 2025: €56,371
- Profit (loss) carried forward -€16,675
new in 2025: -€16,675
- Trade debts +€9,341
up €9,341 (+161%), from €5,813 to €15,154
- Reserves -€4,863
down €4,863 (-17.5%), from €27,768 to €22,905
of which Distributable reserves: -€4,863
- Financial income -€13,015
down €13,015 (-93.8%), from €13,882 to €867
- Gross operating margin +€6,225
up €6,225 (+3.0%), from €208,281 to €214,506
- Taxes -€3,248
down €3,248 (-6.3%), from €51,548 to €48,300
- Other operating charges +€2,858
up €2,858 (+468%), from €611 to €3,470
- Depreciation +€2,510
up €2,510 (+131%), from €1,912 to €4,422
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 | €177,618 | €145,249 | -€32,369 | -18.2% |
| Fixed assets | 21/28 | €7,721 | €88,666 | +€80,945 | +1,048% |
| Tangible fixed assets | 22/27 | €7,721 | €88,666 | +€80,945 | +1,048% |
| Land and buildings | 22 | €518 | - | -€518 | |
| Plant, machinery and equipment | 23 | - | €1,910 | +€1,910 | |
| Furniture and vehicles | 24 | €7,204 | €86,756 | +€79,553 | +1,104% |
| Current assets | 29/58 | €169,897 | €56,583 | -€113,314 | -66.7% |
| Amounts receivable within one year | 40/41 | €25,010 | €25,548 | +€539 | +2.2% |
| Trade receivables | 40 | €25,010 | €25,548 | +€539 | +2.2% |
| Cash at bank and in hand | 54/58 | €138,904 | €24,871 | -€114,033 | -82.1% |
| Deferred charges and accrued income | 490/1 | €5,983 | €6,163 | +€180 | +3.0% |
| Total equity and liabilities | 10/49 | €177,618 | €145,249 | -€32,369 | -18.2% |
| Equity | 10/15 | €46,318 | €24,780 | -€21,538 | -46.5% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €27,768 | €22,905 | -€4,863 | -17.5% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €21,050 | €21,050 | = | 0.0% |
| Distributable reserves | 133 | €4,863 | - | -€4,863 | |
| Profit (loss) carried forward | 14 | - | -€16,675 | -€16,675 | |
| Amounts payable | 17/49 | €131,300 | €120,469 | -€10,831 | -8.2% |
| Amounts payable within one year | 42/48 | €131,300 | €120,469 | -€10,831 | -8.2% |
| Current portion of amounts payable after more than one year | 42 | - | €56,371 | +€56,371 | |
| Trade debts | 44 | €5,813 | €15,154 | +€9,341 | +161% |
| Suppliers | 440/4 | €5,813 | €15,154 | +€9,341 | +161% |
| Taxes, remuneration and social security | 45 | €20,487 | €18,945 | -€1,542 | -7.5% |
| Taxes | 450/3 | €20,487 | €18,945 | -€1,542 | -7.5% |
| Other amounts payable | 47/48 | €105,000 | €30,000 | -€75,000 | -71.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,912 | €4,422 | +€2,510 | +131% |
| Other operating charges | 640/8 | €611 | €3,470 | +€2,858 | +468% |
| Gross operating margin | 9900 | €208,281 | €214,506 | +€6,225 | +3.0% |
| Operating profit (loss) | 9901 | €205,758 | €206,614 | +€856 | +0.4% |
| Financial income | 75/76B | €13,882 | €867 | -€13,015 | -93.8% |
| Recurring financial income | 75 | €13,882 | €867 | -€13,015 | -93.8% |
| Financial charges | 65/66B | €147 | €719 | +€572 | +390% |
| Recurring financial charges | 65 | €147 | €719 | +€572 | +390% |
| Profit (loss) for the period before taxes | 9903 | €219,493 | €206,762 | -€12,731 | -5.8% |
| Income taxes | 67/77 | €51,548 | €48,300 | -€3,248 | -6.3% |
| Profit (loss) for the period | 9904 | €167,945 | €158,462 | -€9,483 | -5.6% |
| Profit (loss) for the period to be appropriated | 9905 | €167,945 | €158,462 | -€9,483 | -5.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.