LOWIE: 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.
LOWIE
Largest movements
- Tangible fixed assets -€8,156
down €8,156 (-2.8%), from €293,826 to €285,670
of which Land and buildings: -€7,667
- Profit (loss) carried forward -€10,972
down €10,972 (-36.5%), from -€30,060 to -€41,032
- Other debts +€10,004
up €10,004 (+7.4%), from €135,424 to €145,428
- Debts after one year -€7,779
down €7,779 (-4.4%), from €178,249 to €170,470
- Gross operating margin -€5,947
down €5,947 (-50.4%), from €11,791 to €5,844
- Other operating charges -€1,237
down €1,237 (-39.6%), from €3,121 to €1,884
- Financial charges -€217
down €217 (-3.1%), from €6,992 to €6,775
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 | €294,857 | €287,197 | -€7,660 | -2.6% |
| Fixed assets | 21/28 | €293,826 | €285,670 | -€8,156 | -2.8% |
| Tangible fixed assets | 22/27 | €293,826 | €285,670 | -€8,156 | -2.8% |
| Land and buildings | 22 | €292,415 | €284,748 | -€7,667 | -2.6% |
| Furniture and vehicles | 24 | €1,411 | €922 | -€490 | -34.7% |
| Current assets | 29/58 | €1,031 | €1,527 | +€496 | +48.1% |
| Cash at bank and in hand | 54/58 | €691 | €1,454 | +€763 | +110.4% |
| Deferred charges and accrued income | 490/1 | €340 | €73 | -€267 | -78.6% |
| Total equity and liabilities | 10/49 | €294,857 | €287,197 | -€7,660 | -2.6% |
| Equity | 10/15 | -€27,560 | -€38,532 | -€10,972 | -39.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,060 | -€41,032 | -€10,972 | -36.5% |
| Amounts payable | 17/49 | €322,417 | €325,729 | +€3,311 | +1.0% |
| Amounts payable after more than one year | 17 | €178,249 | €170,470 | -€7,779 | -4.4% |
| Financial debts | 170/4 | €178,249 | €170,470 | -€7,779 | -4.4% |
| Amounts payable within one year | 42/48 | €144,168 | €154,159 | +€9,991 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €7,509 | €7,779 | +€271 | +3.6% |
| Trade debts | 44 | €985 | €908 | -€77 | -7.8% |
| Suppliers | 440/4 | €985 | €908 | -€77 | -7.8% |
| Taxes, remuneration and social security | 45 | €250 | €43 | -€207 | -82.7% |
| Taxes | 450/3 | €250 | €43 | -€207 | -82.7% |
| Other amounts payable | 47/48 | €135,424 | €145,428 | +€10,004 | +7.4% |
| Accrued charges and deferred income | 492/3 | - | €1,100 | +€1,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,156 | €8,156 | = | 0.0% |
| Other operating charges | 640/8 | €3,121 | €1,884 | -€1,237 | -39.6% |
| Gross operating margin | 9900 | €11,791 | €5,844 | -€5,947 | -50.4% |
| Operating profit (loss) | 9901 | €514 | -€4,197 | -€4,711 | |
| Financial charges | 65/66B | €6,992 | €6,775 | -€217 | -3.1% |
| Recurring financial charges | 65 | €6,992 | €6,775 | -€217 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€6,478 | -€10,972 | -€4,493 | -69.4% |
| Profit (loss) for the period | 9904 | -€6,478 | -€10,972 | -€4,493 | -69.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,478 | -€10,972 | -€4,493 | -69.4% |
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 11 October 2026 via checked.be.