LOWLANDS BULK: 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.
LOWLANDS BULK
Largest movements
- Cash -€5,101
down €5,101 (-5.0%), from €101,110 to €96,010
mainly Net result for the year (-€8,022) and Receivables within one year (-€3,247)
- Financial fixed assets -€3,247
no longer reported in 2025 (was €3,247)
- Receivables within one year +€3,247
new in 2025: €3,247
- Profit (loss) carried forward -€8,022
down €8,022 (-115.3%), from -€6,957 to -€14,979
- Trade debts +€2,921
up €2,921 (+222.3%), from €1,314 to €4,236
- Financial income +€229
new in 2025: €229
- Gross operating margin +€84
up €84 (+1.2%), from -€7,057 to -€6,974
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 | €104,357 | €99,257 | -€5,101 | -4.9% |
| Fixed assets | 21/28 | €3,247 | - | -€3,247 | |
| Financial fixed assets | 28 | €3,247 | - | -€3,247 | |
| Current assets | 29/58 | €101,110 | €99,257 | -€1,854 | -1.8% |
| Amounts receivable within one year | 40/41 | - | €3,247 | +€3,247 | |
| Trade receivables | 40 | - | €3,247 | +€3,247 | |
| Cash at bank and in hand | 54/58 | €101,110 | €96,010 | -€5,101 | -5.0% |
| Total equity and liabilities | 10/49 | €104,357 | €99,257 | -€5,101 | -4.9% |
| Equity | 10/15 | €103,043 | €95,021 | -€8,022 | -7.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,957 | -€14,979 | -€8,022 | -115.3% |
| Amounts payable | 17/49 | €1,314 | €4,236 | +€2,921 | +222.3% |
| Amounts payable within one year | 42/48 | €1,314 | €4,236 | +€2,921 | +222.3% |
| Trade debts | 44 | €1,314 | €4,236 | +€2,921 | +222.3% |
| Suppliers | 440/4 | €1,314 | €4,236 | +€2,921 | +222.3% |
| Other operating charges | 640/8 | €543 | €528 | -€16 | -2.9% |
| Non-recurring operating charges | 66A | - | €0 | +€0 | |
| Gross operating margin | 9900 | -€7,057 | -€6,974 | +€84 | +1.2% |
| Operating profit (loss) | 9901 | -€7,601 | -€7,501 | +€99 | +1.3% |
| Financial income | 75/76B | - | €229 | +€229 | |
| Recurring financial income | 75 | - | €229 | +€229 | |
| Financial charges | 65/66B | €616 | €681 | +€65 | +10.6% |
| Recurring financial charges | 65 | €616 | €681 | +€65 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | -€8,216 | -€7,953 | +€263 | +3.2% |
| Income taxes | 67/77 | - | €69 | +€69 | |
| Profit (loss) for the period | 9904 | -€8,216 | -€8,022 | +€194 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,216 | -€8,022 | +€194 | +2.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.