Lozana Operations: 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.
Lozana Operations
Largest movements
- Tangible fixed assets -€9,511
down €9,511 (-5.3%), from €178,077 to €168,566
of which Land and buildings: -€8,647
- Receivables within one year -€9,488
down €9,488 (-8.8%), from €108,349 to €98,861
of which Trade receivables: -€9,576
- Reserves +€19,096
up €19,096 (+13.8%), from €138,082 to €157,177
- Current portion of long-term debt -€11,527
down €11,527 (-54.3%), from €21,245 to €9,718
- Tax, wage and social debts -€7,919
down €7,919 (-28.8%), from €27,497 to €19,578
of which Taxes: -€8,443
- Debts after one year -€7,538
down €7,538 (-19.7%), from €38,257 to €30,718
of which Financial debts: -€9,718
- Other debts -€6,743
down €6,743 (-14.4%), from €46,781 to €40,038
- Gross operating margin -€14,938
down €14,938 (-24.3%), from €61,530 to €46,592
- Other operating charges -€3,846
down €3,846 (-59.8%), from €6,427 to €2,582
- Depreciation -€2,104
down €2,104 (-14.5%), from €14,524 to €12,420
- Taxes -€1,879
down €1,879 (-16.9%), from €11,095 to €9,216
- Financial charges -€712
down €712 (-25.5%), from €2,790 to €2,078
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 | €298,381 | €281,573 | -€16,808 | -5.6% |
| Fixed assets | 21/28 | €178,077 | €168,566 | -€9,511 | -5.3% |
| Tangible fixed assets | 22/27 | €178,077 | €168,566 | -€9,511 | -5.3% |
| Land and buildings | 22 | €169,475 | €160,828 | -€8,647 | -5.1% |
| Plant, machinery and equipment | 23 | €359 | €771 | +€412 | +115% |
| Furniture and vehicles | 24 | €5,909 | €5,432 | -€476 | -8.1% |
| Other tangible fixed assets | 26 | €2,334 | €1,534 | -€800 | -34.3% |
| Current assets | 29/58 | €120,304 | €113,007 | -€7,297 | -6.1% |
| Amounts receivable within one year | 40/41 | €108,349 | €98,861 | -€9,488 | -8.8% |
| Trade receivables | 40 | €21,702 | €12,126 | -€9,576 | -44.1% |
| Other amounts receivable | 41 | €86,647 | €86,735 | +€89 | +0.1% |
| Cash at bank and in hand | 54/58 | €11,956 | €14,146 | +€2,190 | +18.3% |
| Total equity and liabilities | 10/49 | €298,381 | €281,573 | -€16,808 | -5.6% |
| Equity | 10/15 | €144,282 | €163,377 | +€19,096 | +13.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €138,082 | €157,177 | +€19,096 | +13.8% |
| Distributable reserves | 133 | €138,082 | €157,177 | +€19,096 | +13.8% |
| Amounts payable | 17/49 | €154,099 | €118,195 | -€35,904 | -23.3% |
| Amounts payable after more than one year | 17 | €38,257 | €30,718 | -€7,538 | -19.7% |
| Financial debts | 170/4 | €38,257 | €28,538 | -€9,718 | -25.4% |
| Other amounts payable | 178/9 | - | €2,180 | +€2,180 | |
| Amounts payable within one year | 42/48 | €115,843 | €87,477 | -€28,366 | -24.5% |
| Current portion of amounts payable after more than one year | 42 | €21,245 | €9,718 | -€11,527 | -54.3% |
| Financial debts | 43 | €1,442 | €1,964 | +€523 | +36.3% |
| Credit institutions | 430/8 | €1,442 | €1,964 | +€523 | +36.3% |
| Trade debts | 44 | €18,879 | €16,179 | -€2,700 | -14.3% |
| Suppliers | 440/4 | €18,879 | €16,179 | -€2,700 | -14.3% |
| Taxes, remuneration and social security | 45 | €27,497 | €19,578 | -€7,919 | -28.8% |
| Taxes | 450/3 | €25,080 | €16,636 | -€8,443 | -33.7% |
| Remuneration and social security | 454/9 | €2,417 | €2,942 | +€525 | +21.7% |
| Other amounts payable | 47/48 | €46,781 | €40,038 | -€6,743 | -14.4% |
| Remuneration, social security and pensions | 62 | €1,866 | €1,201 | -€664 | -35.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,524 | €12,420 | -€2,104 | -14.5% |
| Other operating charges | 640/8 | €6,427 | €2,582 | -€3,846 | -59.8% |
| Non-recurring operating charges | 66A | €1,501 | - | -€1,501 | |
| Gross operating margin | 9900 | €61,530 | €46,592 | -€14,938 | -24.3% |
| Operating profit (loss) | 9901 | €37,212 | €30,389 | -€6,823 | -18.3% |
| Financial income | 75/76B | €8 | €0 | -€7 | -94.1% |
| Recurring financial income | 75 | €8 | €0 | -€7 | -94.1% |
| Financial charges | 65/66B | €2,790 | €2,078 | -€712 | -25.5% |
| Recurring financial charges | 65 | €2,790 | €2,078 | -€712 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €34,429 | €28,311 | -€6,118 | -17.8% |
| Income taxes | 67/77 | €11,095 | €9,216 | -€1,879 | -16.9% |
| Profit (loss) for the period | 9904 | €23,335 | €19,096 | -€4,239 | -18.2% |
| Profit (loss) for the period to be appropriated | 9905 | €23,335 | €19,096 | -€4,239 | -18.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.