LoZio: 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.
LoZio
Largest movements
- Cash -€7,403
down €7,403 (-25.1%), from €29,538 to €22,135
mainly Current portion of long-term debt (-€4,095) and Other debts (-€3,000)
- Receivables within one year -€3,762
down €3,762 (-37.0%), from €10,167 to €6,405
of which Trade receivables: -€3,735
- Deferred charges and accrued income +€693
up €693 (+174.5%), from €397 to €1,091
- Stocks and contracts +€638
up €638 (+16.3%), from €3,916 to €4,554
- Current portion of long-term debt -€4,095
down €4,095 (-100.0%), from €4,095 to €0
- Other debts -€3,000
down €3,000 (-48.5%), from €6,180 to €3,180
- Tax, wage and social debts -€1,768
down €1,768 (-50.5%), from €3,499 to €1,732
of which Taxes: -€1,012
- Profit (loss) carried forward -€1,555
down €1,555 (-42.4%), from €3,671 to €2,116
- Trade debts +€1,137
up €1,137 (+12.9%), from €8,821 to €9,958
- Depreciation -€4,936
down €4,936 (-81.7%), from €6,042 to €1,106
- Gross operating margin -€3,661
down €3,661 (-59.9%), from €6,114 to €2,453
- Staff costs -€498
down €498 (-66.0%), from €755 to €257
- Financial charges +€223
up €223 (+15.2%), from €1,467 to €1,691
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €45,593 | €35,775 | -€9,819 | -21.5% |
| Fixed assets | 21/28 | €1,575 | €1,590 | +€15 | +0.9% |
| Tangible fixed assets | 22/27 | €1,575 | €1,590 | +€15 | +0.9% |
| Plant, machinery and equipment | 23 | €392 | €183 | -€209 | -53.3% |
| Furniture and vehicles | 24 | €1,184 | €1,407 | +€223 | +18.9% |
| Current assets | 29/58 | €44,018 | €34,185 | -€9,833 | -22.3% |
| Stocks and contracts in progress | 3 | €3,916 | €4,554 | +€638 | +16.3% |
| Stocks | 30/36 | €3,916 | €4,554 | +€638 | +16.3% |
| Amounts receivable within one year | 40/41 | €10,167 | €6,405 | -€3,762 | -37.0% |
| Trade receivables | 40 | €7,255 | €3,520 | -€3,735 | -51.5% |
| Other amounts receivable | 41 | €2,912 | €2,885 | -€27 | -0.9% |
| Cash at bank and in hand | 54/58 | €29,538 | €22,135 | -€7,403 | -25.1% |
| Deferred charges and accrued income | 490/1 | €397 | €1,091 | +€693 | +174.5% |
| Total equity and liabilities | 10/49 | €45,593 | €35,775 | -€9,819 | -21.5% |
| Equity | 10/15 | €22,461 | €20,906 | -€1,555 | -6.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €190 | €190 | = | 0.0% |
| Distributable reserves | 133 | €190 | €190 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,671 | €2,116 | -€1,555 | -42.4% |
| Amounts payable | 17/49 | €23,132 | €14,869 | -€8,264 | -35.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €23,132 | €14,869 | -€8,264 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €4,095 | €0 | -€4,095 | -100.0% |
| Trade debts | 44 | €8,821 | €9,958 | +€1,137 | +12.9% |
| Suppliers | 440/4 | €8,821 | €9,958 | +€1,137 | +12.9% |
| Advances received on contracts in progress | 46 | €538 | €0 | -€538 | -100.0% |
| Taxes, remuneration and social security | 45 | €3,499 | €1,732 | -€1,768 | -50.5% |
| Taxes | 450/3 | €2,744 | €1,732 | -€1,012 | -36.9% |
| Remuneration and social security | 454/9 | €755 | €0 | -€755 | -100.0% |
| Other amounts payable | 47/48 | €6,180 | €3,180 | -€3,000 | -48.5% |
| Remuneration, social security and pensions | 62 | €755 | €257 | -€498 | -66.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,042 | €1,106 | -€4,936 | -81.7% |
| Other operating charges | 640/8 | €928 | €955 | +€27 | +2.9% |
| Gross operating margin | 9900 | €6,114 | €2,453 | -€3,661 | -59.9% |
| Operating profit (loss) | 9901 | -€1,612 | €135 | +€1,747 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €1,467 | €1,691 | +€223 | +15.2% |
| Recurring financial charges | 65 | €1,467 | €1,691 | +€223 | +15.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,079 | -€1,555 | +€1,524 | +49.5% |
| Profit (loss) for the period | 9904 | -€3,079 | -€1,555 | +€1,524 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,079 | -€1,555 | +€1,524 | +49.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.