LOWLAND ELECTRONICS: 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.
LOWLAND ELECTRONICS
Largest movements
- Cash +€52,272
up €52,272 (+77.1%), from €67,766 to €120,038
mainly Net result for the year (+€35,019) and Receivables within one year (+€8,259)
- Receivables within one year -€8,259
down €8,259 (-56.0%), from €14,738 to €6,479
of which Trade receivables: -€8,204
- Tangible fixed assets -€3,489
down €3,489 (-48.0%), from €7,268 to €3,780
of which Plant, machinery and equipment: -€2,137
- Reserves +€35,019
up €35,019 (+121%), from €28,865 to €63,884
- Trade debts +€3,964
up €3,964 (+1,233%), from €322 to €4,286
- Tax, wage and social debts +€2,100
up €2,100 (+75.7%), from €2,776 to €4,876
- Gross operating margin +€13,589
up €13,589 (+44.8%), from €30,317 to €43,906
- Taxes +€1,818
up €1,818 (+78.1%), from €2,329 to €4,147
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,298 | €134,177 | +€39,879 | +42.3% |
| Fixed assets | 21/28 | €7,318 | €3,829 | -€3,489 | -47.7% |
| Tangible fixed assets | 22/27 | €7,268 | €3,780 | -€3,489 | -48.0% |
| Plant, machinery and equipment | 23 | €4,576 | €2,439 | -€2,137 | -46.7% |
| Furniture and vehicles | 24 | €2,692 | €1,341 | -€1,351 | -50.2% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €86,980 | €130,347 | +€43,367 | +49.9% |
| Stocks and contracts in progress | 3 | €4,219 | €3,558 | -€661 | -15.7% |
| Stocks | 30/36 | €4,219 | €3,558 | -€661 | -15.7% |
| Amounts receivable within one year | 40/41 | €14,738 | €6,479 | -€8,259 | -56.0% |
| Trade receivables | 40 | €14,684 | €6,479 | -€8,204 | -55.9% |
| Other amounts receivable | 41 | €55 | - | -€55 | |
| Cash at bank and in hand | 54/58 | €67,766 | €120,038 | +€52,272 | +77.1% |
| Deferred charges and accrued income | 490/1 | €256 | €271 | +€15 | +6.0% |
| Total equity and liabilities | 10/49 | €94,298 | €134,177 | +€39,879 | +42.3% |
| Equity | 10/15 | €73,465 | €108,484 | +€35,019 | +47.7% |
| Contributions | 10/11 | €44,600 | €44,600 | = | 0.0% |
| Reserves | 13 | €28,865 | €63,884 | +€35,019 | +121% |
| Distributable reserves | 133 | €28,865 | €63,884 | +€35,019 | +121% |
| Amounts payable | 17/49 | €20,833 | €25,693 | +€4,860 | +23.3% |
| Amounts payable after more than one year | 17 | €16,441 | €15,111 | -€1,330 | -8.1% |
| Other amounts payable | 178/9 | €16,441 | €15,111 | -€1,330 | -8.1% |
| Amounts payable within one year | 42/48 | €3,097 | €9,462 | +€6,365 | +205% |
| Trade debts | 44 | €322 | €4,286 | +€3,964 | +1,233% |
| Suppliers | 440/4 | €322 | €4,286 | +€3,964 | +1,233% |
| Advances received on contracts in progress | 46 | - | €300 | +€300 | |
| Taxes, remuneration and social security | 45 | €2,776 | €4,876 | +€2,100 | +75.7% |
| Taxes | 450/3 | €2,776 | €4,876 | +€2,100 | +75.7% |
| Accrued charges and deferred income | 492/3 | €1,294 | €1,120 | -€174 | -13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,150 | €3,489 | +€339 | +10.8% |
| Other operating charges | 640/8 | €399 | €406 | +€6 | +1.6% |
| Gross operating margin | 9900 | €30,317 | €43,906 | +€13,589 | +44.8% |
| Operating profit (loss) | 9901 | €26,768 | €40,011 | +€13,244 | +49.5% |
| Financial income | 75/76B | €203 | €376 | +€173 | +85.6% |
| Recurring financial income | 75 | €203 | €376 | +€173 | +85.6% |
| Financial charges | 65/66B | €1,350 | €1,221 | -€128 | -9.5% |
| Recurring financial charges | 65 | €1,350 | €1,221 | -€128 | -9.5% |
| Profit (loss) for the period before taxes | 9903 | €25,621 | €39,166 | +€13,545 | +52.9% |
| Income taxes | 67/77 | €2,329 | €4,147 | +€1,818 | +78.1% |
| Profit (loss) for the period | 9904 | €23,291 | €35,019 | +€11,727 | +50.4% |
| Profit (loss) for the period to be appropriated | 9905 | €23,291 | €35,019 | +€11,727 | +50.4% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.