LOTUS OOSTENDE: 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.
LOTUS OOSTENDE
Largest movements
- Stocks and contracts +€156,369
up €156,369 (+15.3%), from €1.0m to €1.2m
- Receivables within one year -€146,670
down €146,670 (-53.1%), from €275,997 to €129,327
of which Trade receivables: -€174,266
- Tangible fixed assets -€34,990
down €34,990 (-10.8%), from €324,104 to €289,114
of which Other tangible fixed assets: -€37,046
- Reserves -€99,654
down €99,654 (-10.6%), from €937,380 to €837,726
of which Distributable reserves: -€99,654
- Other debts +€76,916
up €76,916 (+69.7%), from €110,414 to €187,330
- Debts after one year -€76,407
down €76,407 (-21.2%), from €359,782 to €283,376
- Short-term financial debts +€70,000
up €70,000 (+31.1%), from €225,000 to €295,000
- Trade debts -€23,457
down €23,457 (-22.2%), from €105,631 to €82,174
- Purchases and services -€158,715
down €158,715 (-4.2%), from €3.8m to €3.7m
- Turnover -€81,354
down €81,354 (-1.9%), from €4.3m to €4.2m
- Staff costs +€79,545
up €79,545 (+23.2%), from €343,144 to €422,688
- Gross operating margin +€77,361
up €77,361 (+15.1%), from €513,672 to €591,033
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 | €1,939,266 | €1,904,633 | -€34,634 | -1.8% |
| Fixed assets | 21/28 | €331,739 | €289,249 | -€42,490 | -12.8% |
| Intangible fixed assets | 21 | €7,500 | - | -€7,500 | |
| Tangible fixed assets | 22/27 | €324,104 | €289,114 | -€34,990 | -10.8% |
| Plant, machinery and equipment | 23 | €27,651 | €24,547 | -€3,104 | -11.2% |
| Furniture and vehicles | 24 | €30,994 | €36,153 | +€5,160 | +16.6% |
| Other tangible fixed assets | 26 | €265,460 | €228,414 | -€37,046 | -14.0% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €1,607,527 | €1,615,384 | +€7,856 | +0.5% |
| Amounts receivable after more than one year | 29 | €215,000 | €215,000 | = | 0.0% |
| Other amounts receivable | 291 | €215,000 | €215,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,021,249 | €1,177,619 | +€156,369 | +15.3% |
| Stocks | 30/36 | €1,021,249 | €1,177,619 | +€156,369 | +15.3% |
| Amounts receivable within one year | 40/41 | €275,997 | €129,327 | -€146,670 | -53.1% |
| Trade receivables | 40 | €231,683 | €57,417 | -€174,266 | -75.2% |
| Other amounts receivable | 41 | €44,314 | €71,911 | +€27,596 | +62.3% |
| Cash at bank and in hand | 54/58 | €80,826 | €87,127 | +€6,302 | +7.8% |
| Deferred charges and accrued income | 490/1 | €14,455 | €6,310 | -€8,145 | -56.3% |
| Total equity and liabilities | 10/49 | €1,939,266 | €1,904,633 | -€34,634 | -1.8% |
| Equity | 10/15 | €955,980 | €856,326 | -€99,654 | -10.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €937,380 | €837,726 | -€99,654 | -10.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Other | 1319 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €935,520 | €835,866 | -€99,654 | -10.7% |
| Amounts payable | 17/49 | €983,287 | €1,048,307 | +€65,020 | +6.6% |
| Amounts payable after more than one year | 17 | €359,782 | €283,376 | -€76,407 | -21.2% |
| Financial debts | 170/4 | €359,782 | €283,376 | -€76,407 | -21.2% |
| Amounts payable within one year | 42/48 | €623,504 | €764,932 | +€141,427 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €115,158 | €134,660 | +€19,503 | +16.9% |
| Financial debts | 43 | €225,000 | €295,000 | +€70,000 | +31.1% |
| Credit institutions | 430/8 | €225,000 | €295,000 | +€70,000 | +31.1% |
| Trade debts | 44 | €105,631 | €82,174 | -€23,457 | -22.2% |
| Suppliers | 440/4 | €105,631 | €82,174 | -€23,457 | -22.2% |
| Advances received on contracts in progress | 46 | €4,568 | €6,383 | +€1,815 | +39.7% |
| Taxes, remuneration and social security | 45 | €62,734 | €59,384 | -€3,350 | -5.3% |
| Taxes | 450/3 | €25,369 | €5,317 | -€20,052 | -79.0% |
| Remuneration and social security | 454/9 | €37,365 | €54,067 | +€16,702 | +44.7% |
| Other amounts payable | 47/48 | €110,414 | €187,330 | +€76,916 | +69.7% |
| Turnover | 70 | €4,322,605 | €4,241,251 | -€81,354 | -1.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €3,808,933 | €3,650,218 | -€158,715 | -4.2% |
| Remuneration, social security and pensions | 62 | €343,144 | €422,688 | +€79,545 | +23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €81,741 | €79,890 | -€1,851 | -2.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,500 | - | +€8,500 | |
| Other operating charges | 640/8 | €8,157 | €11,393 | +€3,236 | +39.7% |
| Gross operating margin | 9900 | €513,672 | €591,033 | +€77,361 | +15.1% |
| Operating profit (loss) | 9901 | €89,131 | €77,062 | -€12,068 | -13.5% |
| Financial income | 75/76B | €32,174 | €4,397 | -€27,778 | -86.3% |
| Recurring financial income | 75 | €32,174 | €4,397 | -€27,778 | -86.3% |
| Financial charges | 65/66B | €47,690 | €55,046 | +€7,356 | +15.4% |
| Recurring financial charges | 65 | €47,690 | €55,046 | +€7,356 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | €73,615 | €26,413 | -€47,202 | -64.1% |
| Income taxes | 67/77 | €20,842 | €7,631 | -€13,211 | -63.4% |
| Profit (loss) for the period | 9904 | €52,773 | €18,782 | -€33,991 | -64.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,773 | €18,782 | -€33,991 | -64.4% |
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 18 October 2026 via checked.be.