LOTUS: what changed
What changed
LOTUS
NACE 68.110, Buying and selling of own real estate
filed annual accounts (NBB)
Net result for the year
€484,972
2024 · €16,972+€467,999
Equity
€3.8m
2024 · €3.4m+€384,972
Cash
€147,879
2024 · €110,801+€37,077
Balance sheet total
€5.1m
2024 · €3.5m+€1.7m
Largest movements
Assets
- Tangible fixed assets +€1.7m
up €1.7m (+11,786%), from €14,628 to €1.7m
of which Land and buildings: +€1.7m
- Financial fixed assets -€219,298
down €219,298 (-7.1%), from €3.1m to €2.9m
- Receivables within one year +€114,896
up €114,896 (+300%), from €38,337 to €153,234
of which Other amounts receivable: +€58,615
Equity and liabilities
- Debts after one year +€1.2m
up €1.2m (+18,214%), from €6,437 to €1.2m
- Reserves +€477,232
up €477,232 (+44.5%), from €1.1m to €1.5m
of which Distributable reserves: +€477,232
- Contributions -€92,260
down €92,260 (-4.0%), from €2.3m to €2.2m
Income statement
- Financial income +€801,403
up €801,403 (+4,107%), from €19,512 to €820,915
of which Financial income: +€749,943
- Financial charges +€304,657
up €304,657 (+100,933%), from €302 to €304,958
of which Non-recurring financial charges: +€289,434
- Gross operating margin +€65,948
up €65,948 (+54.4%), from €121,264 to €187,212
- Depreciation +€49,437
up €49,437 (+537%), from €9,205 to €58,643
- Taxes +€46,534
up €46,534 (+1,637%), from €2,843 to €49,378
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€16,972
Gross operating margin
+€65,948
Staff costs
+€2,259
Depreciation
-€49,437
Other operating charges
-€981
Financial income
+€801,403
Financial charges
-€304,657
Taxes
-€46,534
Result 2025
€484,972
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€498,666
Investment
-€1.6m
Financing
+€1.1m
Cash 2024
€110,801
From operations (derived)
+€498,666
Net result for the year
+€484,972
Depreciation
+€58,643
Receivables within one year
-€114,896
Smaller working-capital items
-€2,611
Trade debts
+€37,899
Tax, wage and social debts
+€24,960
Other debts
+€9,700
Investment (derived)
-€1.6m
Investment in fixed assets (net)
-€1.6m
Financing
+€1.1m
Debts after one year
+€1.2m
Current portion of long-term debt
+€29,345
Contributions, distributions and other
-€100,000
Cash 2025
€147,879
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,485,499 | €5,143,869 | +€1.7m | +47.6% |
| Fixed assets | 21/28 | €3,085,223 | €4,589,978 | +€1.5m | +48.8% |
| Tangible fixed assets | 22/27 | €14,628 | €1,738,681 | +€1.7m | +11,786% |
| Land and buildings | 22 | - | €1,733,259 | +€1.7m | |
| Leasing and similar rights | 25 | €14,628 | €5,422 | -€9,205 | -62.9% |
| Financial fixed assets | 28 | €3,070,595 | €2,851,297 | -€219,298 | -7.1% |
| Current assets | 29/58 | €400,276 | €553,890 | +€153,614 | +38.4% |
| Amounts receivable within one year | 40/41 | €38,337 | €153,234 | +€114,896 | +300% |
| Trade receivables | 40 | - | €56,282 | +€56,282 | |
| Other amounts receivable | 41 | €38,337 | €96,952 | +€58,615 | +153% |
| Current investments | 50/53 | €250,020 | €250,020 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €110,801 | €147,879 | +€37,077 | +33.5% |
| Deferred charges and accrued income | 490/1 | €1,118 | €2,758 | +€1,640 | +147% |
| Total equity and liabilities | 10/49 | €3,485,499 | €5,143,869 | +€1.7m | +47.6% |
| Equity | 10/15 | €3,402,372 | €3,787,344 | +€384,972 | +11.3% |
| Contributions | 10/11 | €2,330,000 | €2,237,740 | -€92,260 | -4.0% |
| Reserves | 13 | €1,072,372 | €1,549,604 | +€477,232 | +44.5% |
| Non-distributable reserves | 130/1 | €250,020 | €250,020 | = | 0.0% |
| Own shares acquired | 1312 | €250,020 | €250,020 | = | 0.0% |
| Distributable reserves | 133 | €822,352 | €1,299,584 | +€477,232 | +58.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €83,127 | €1,356,525 | +€1.3m | +1,532% |
| Amounts payable after more than one year | 17 | €6,437 | €1,178,901 | +€1.2m | +18,214% |
| Financial debts | 170/4 | €6,437 | €1,178,901 | +€1.2m | +18,214% |
| Amounts payable within one year | 42/48 | €72,915 | €174,819 | +€101,904 | +140% |
| Current portion of amounts payable after more than one year | 42 | €8,113 | €37,458 | +€29,345 | +362% |
| Trade debts | 44 | €24,836 | €62,734 | +€37,899 | +153% |
| Suppliers | 440/4 | €24,836 | €62,734 | +€37,899 | +153% |
| Taxes, remuneration and social security | 45 | €39,966 | €64,926 | +€24,960 | +62.5% |
| Taxes | 450/3 | €27,117 | €53,686 | +€26,569 | +98.0% |
| Remuneration and social security | 454/9 | €12,849 | €11,240 | -€1,609 | -12.5% |
| Other amounts payable | 47/48 | - | €9,700 | +€9,700 | |
| Accrued charges and deferred income | 492/3 | €3,775 | €2,805 | -€970 | -25.7% |
| Remuneration, social security and pensions | 62 | €109,397 | €107,138 | -€2,259 | -2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,205 | €58,643 | +€49,437 | +537% |
| Other operating charges | 640/8 | €2,057 | €3,038 | +€981 | +47.7% |
| Gross operating margin | 9900 | €121,264 | €187,212 | +€65,948 | +54.4% |
| Operating profit (loss) | 9901 | €605 | €18,393 | +€17,788 | +2,940% |
| Financial income | 75/76B | €19,512 | €820,915 | +€801,403 | +4,107% |
| Recurring financial income | 75 | €836 | €750,779 | +€749,943 | +89,734% |
| Non-recurring financial income | 76B | €18,677 | €70,136 | +€51,460 | +276% |
| Financial charges | 65/66B | €302 | €304,958 | +€304,657 | +100,933% |
| Recurring financial charges | 65 | €302 | €15,524 | +€15,222 | +5,043% |
| Non-recurring financial charges | 66B | - | €289,434 | +€289,434 | |
| Profit (loss) for the period before taxes | 9903 | €19,816 | €534,349 | +€514,534 | +2,597% |
| Income taxes | 67/77 | €2,843 | €49,378 | +€46,534 | +1,637% |
| Profit (loss) for the period | 9904 | €16,972 | €484,972 | +€467,999 | +2,757% |
| Profit (loss) for the period to be appropriated | 9905 | €16,972 | €484,972 | +€467,999 | +2,757% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.