LOTUS CONSTRUCT: 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.
LOTUS CONSTRUCT
Largest movements
- Receivables within one year -€129,317
down €129,317 (-69.4%), from €186,305 to €56,988
of which Trade receivables: -€134,879
- Cash +€13,742
up €13,742 (+37.9%), from €36,278 to €50,020
mainly Receivables within one year (+€129,317) and Depreciation (+€12,404)
- Tangible fixed assets -€12,404
down €12,404 (-46.6%), from €26,620 to €14,216
of which Furniture and vehicles: -€8,576
- Trade debts -€138,051
down €138,051 (-78.3%), from €176,365 to €38,314
- Reserves +€9,000
up €9,000 (+105.7%), from €8,517 to €17,517
of which Tax-exempt reserves: +€9,000
- Other debts +€7,000
up €7,000 (+323.7%), from €2,162 to €9,162
- Tax, wage and social debts -€6,394
down €6,394 (-56.1%), from €11,393 to €4,999
of which Remuneration and social security: -€6,015
- Gross operating margin -€89,212
down €89,212 (-55.5%), from €160,752 to €71,540
- Staff costs -€14,097
down €14,097 (-26.2%), from €53,773 to €39,676
- Depreciation +€3,520
up €3,520 (+39.6%), from €8,883 to €12,404
- Taxes +€2,785
up €2,785 (+122.8%), from €2,267 to €5,052
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 | €260,088 | €132,110 | -€127,978 | -49.2% |
| Fixed assets | 21/28 | €26,620 | €14,216 | -€12,404 | -46.6% |
| Tangible fixed assets | 22/27 | €26,620 | €14,216 | -€12,404 | -46.6% |
| Plant, machinery and equipment | 23 | €18,044 | €14,216 | -€3,828 | -21.2% |
| Furniture and vehicles | 24 | €8,576 | - | -€8,576 | |
| Current assets | 29/58 | €233,468 | €117,893 | -€115,574 | -49.5% |
| Stocks and contracts in progress | 3 | €9,485 | €9,485 | = | 0.0% |
| Stocks | 30/36 | €9,485 | €9,485 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €186,305 | €56,988 | -€129,317 | -69.4% |
| Trade receivables | 40 | €181,752 | €46,873 | -€134,879 | -74.2% |
| Other amounts receivable | 41 | €4,553 | €10,115 | +€5,562 | +122.2% |
| Cash at bank and in hand | 54/58 | €36,278 | €50,020 | +€13,742 | +37.9% |
| Deferred charges and accrued income | 490/1 | €1,400 | €1,400 | = | 0.0% |
| Total equity and liabilities | 10/49 | €260,088 | €132,110 | -€127,978 | -49.2% |
| Equity | 10/15 | €70,167 | €79,634 | +€9,467 | +13.5% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Capital | 10 | €60,000 | €60,000 | = | 0.0% |
| Issued capital | 100 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €8,517 | €17,517 | +€9,000 | +105.7% |
| Tax-exempt reserves | 132 | - | €9,000 | +€9,000 | |
| Distributable reserves | 133 | €8,517 | €8,517 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,650 | €2,117 | +€467 | +28.3% |
| Amounts payable | 17/49 | €189,921 | €52,476 | -€137,445 | -72.4% |
| Amounts payable within one year | 42/48 | €189,921 | €52,476 | -€137,445 | -72.4% |
| Trade debts | 44 | €176,365 | €38,314 | -€138,051 | -78.3% |
| Suppliers | 440/4 | €176,365 | €38,314 | -€138,051 | -78.3% |
| Taxes, remuneration and social security | 45 | €11,393 | €4,999 | -€6,394 | -56.1% |
| Taxes | 450/3 | €4,336 | €3,957 | -€379 | -8.7% |
| Remuneration and social security | 454/9 | €7,057 | €1,042 | -€6,015 | -85.2% |
| Other amounts payable | 47/48 | €2,162 | €9,162 | +€7,000 | +323.7% |
| Remuneration, social security and pensions | 62 | €53,773 | €39,676 | -€14,097 | -26.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,883 | €12,404 | +€3,520 | +39.6% |
| Other operating charges | 640/8 | €1,905 | €2,893 | +€989 | +51.9% |
| Non-recurring operating charges | 66A | €285 | €1,754 | +€1,469 | +515.5% |
| Gross operating margin | 9900 | €160,752 | €71,540 | -€89,212 | -55.5% |
| Operating profit (loss) | 9901 | €95,907 | €14,813 | -€81,094 | -84.6% |
| Financial income | 75/76B | €16 | €59 | +€43 | +269.7% |
| Recurring financial income | 75 | €16 | €59 | +€43 | +269.7% |
| Financial charges | 65/66B | €1,673 | €352 | -€1,321 | -79.0% |
| Recurring financial charges | 65 | €1,673 | €352 | -€1,321 | -79.0% |
| Profit (loss) for the period before taxes | 9903 | €94,250 | €14,520 | -€79,730 | -84.6% |
| Income taxes | 67/77 | €2,267 | €5,052 | +€2,785 | +122.8% |
| Profit (loss) for the period | 9904 | €91,982 | €9,467 | -€82,515 | -89.7% |
| Transfer to tax-exempt reserves | 689 | - | €9,000 | +€9,000 | |
| Profit (loss) for the period to be appropriated | 9905 | €91,982 | €467 | -€91,515 | -99.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.