Lowo-IT: 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.
Lowo-IT
Largest movements
- Receivables after one year -€48,000
down €48,000 (-100.0%), from €48,000 to €0
- Cash +€26,518
up €26,518 (+64.8%), from €40,942 to €67,460
mainly Net result for the year (+€60,321) and Other debts (+€50,362)
- Tangible fixed assets -€13,897
down €13,897 (-28.6%), from €48,539 to €34,642
of which Leasing and similar rights: -€10,728
- Receivables within one year +€1,614
up €1,614 (+13.0%), from €12,439 to €14,054
- Reserves -€93,021
down €93,021 (-100.0%), from €93,021 to €0
- Other debts +€50,362
up €50,362 (+178779.9%), from €28 to €50,390
- Tax, wage and social debts +€14,564
up €14,564 (+74.0%), from €19,689 to €34,253
- Debts after one year -€9,688
down €9,688 (-36.1%), from €26,805 to €17,117
- Trade debts +€2,643
up €2,643 (+475.2%), from €556 to €3,199
- Gross operating margin +€26,150
up €26,150 (+39.5%), from €66,269 to €92,419
- Taxes +€5,100
up €5,100 (+48.1%), from €10,609 to €15,709
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 | €151,372 | €116,647 | -€34,725 | -22.9% |
| Fixed assets | 21/28 | €48,539 | €34,642 | -€13,897 | -28.6% |
| Tangible fixed assets | 22/27 | €48,539 | €34,642 | -€13,897 | -28.6% |
| Plant, machinery and equipment | 23 | €3,664 | €1,995 | -€1,669 | -45.6% |
| Furniture and vehicles | 24 | €1,275 | €183 | -€1,092 | -85.7% |
| Leasing and similar rights | 25 | €39,826 | €29,098 | -€10,728 | -26.9% |
| Other tangible fixed assets | 26 | €3,774 | €3,367 | -€407 | -10.8% |
| Current assets | 29/58 | €102,833 | €82,005 | -€20,828 | -20.3% |
| Amounts receivable after more than one year | 29 | €48,000 | €0 | -€48,000 | -100.0% |
| Other amounts receivable | 291 | €48,000 | €0 | -€48,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €12,439 | €14,054 | +€1,614 | +13.0% |
| Trade receivables | 40 | €12,439 | €14,054 | +€1,614 | +13.0% |
| Cash at bank and in hand | 54/58 | €40,942 | €67,460 | +€26,518 | +64.8% |
| Deferred charges and accrued income | 490/1 | €1,452 | €492 | -€960 | -66.1% |
| Total equity and liabilities | 10/49 | €151,372 | €116,647 | -€34,725 | -22.9% |
| Equity | 10/15 | €95,021 | €2,000 | -€93,021 | -97.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €93,021 | €0 | -€93,021 | -100.0% |
| Distributable reserves | 133 | €93,021 | €0 | -€93,021 | -100.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €56,352 | €114,647 | +€58,296 | +103.5% |
| Amounts payable after more than one year | 17 | €26,805 | €17,117 | -€9,688 | -36.1% |
| Financial debts | 170/4 | €26,805 | €17,117 | -€9,688 | -36.1% |
| Amounts payable within one year | 42/48 | €29,547 | €97,530 | +€67,984 | +230.1% |
| Current portion of amounts payable after more than one year | 42 | €9,273 | €9,688 | +€414 | +4.5% |
| Trade debts | 44 | €556 | €3,199 | +€2,643 | +475.2% |
| Suppliers | 440/4 | €556 | €3,199 | +€2,643 | +475.2% |
| Taxes, remuneration and social security | 45 | €19,689 | €34,253 | +€14,564 | +74.0% |
| Taxes | 450/3 | €19,689 | €34,253 | +€14,564 | +74.0% |
| Other amounts payable | 47/48 | €28 | €50,390 | +€50,362 | +178779.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,678 | €13,897 | +€219 | +1.6% |
| Other operating charges | 640/8 | €1,114 | €1,559 | +€445 | +40.0% |
| Gross operating margin | 9900 | €66,269 | €92,419 | +€26,150 | +39.5% |
| Operating profit (loss) | 9901 | €51,477 | €76,963 | +€25,486 | +49.5% |
| Financial income | 75/76B | €960 | €960 | +€0 | 0.0% |
| Recurring financial income | 75 | €960 | €960 | +€0 | 0.0% |
| Financial charges | 65/66B | €2,096 | €1,893 | -€203 | -9.7% |
| Recurring financial charges | 65 | €2,096 | €1,893 | -€203 | -9.7% |
| Profit (loss) for the period before taxes | 9903 | €50,341 | €76,030 | +€25,689 | +51.0% |
| Income taxes | 67/77 | €10,609 | €15,709 | +€5,100 | +48.1% |
| Profit (loss) for the period | 9904 | €39,732 | €60,321 | +€20,589 | +51.8% |
| Profit (loss) for the period to be appropriated | 9905 | €39,732 | €60,321 | +€20,589 | +51.8% |
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 8 October 2026 via checked.be.