'T LOZERHOF: 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.
'T LOZERHOF
Largest movements
- Stocks and contracts -€122,500
down €122,500 (-27.0%), from €453,500 to €331,000
- Cash +€45,116
up €45,116 (+43.7%), from €103,167 to €148,284
mainly Net result for the year (+€170,829) and Stocks and contracts (+€122,500)
- Tangible fixed assets +€41,244
up €41,244 (+102%), from €40,265 to €81,508
of which Plant, machinery and equipment: +€46,999
- Receivables within one year +€7,410
up €7,410 (+329%), from €2,251 to €9,661
of which Trade receivables: +€4,755
- Other debts -€203,191
down €203,191 (-26.2%), from €775,566 to €572,375
- Profit (loss) carried forward +€170,829
up €170,829 (+86.3%), from -€197,919 to -€27,090
- Gross operating margin +€153,597
up €153,597 (+556%), from €27,634 to €181,231
- Taxes +€2,998
new in 2025: €2,998
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 | €599,183 | €570,453 | -€28,730 | -4.8% |
| Fixed assets | 21/28 | €40,265 | €81,508 | +€41,244 | +102% |
| Tangible fixed assets | 22/27 | €40,265 | €81,508 | +€41,244 | +102% |
| Land and buildings | 22 | €595 | €296 | -€300 | -50.3% |
| Plant, machinery and equipment | 23 | €628 | €47,627 | +€46,999 | +7,488% |
| Furniture and vehicles | 24 | €39,042 | €33,586 | -€5,456 | -14.0% |
| Current assets | 29/58 | €558,918 | €488,945 | -€69,973 | -12.5% |
| Stocks and contracts in progress | 3 | €453,500 | €331,000 | -€122,500 | -27.0% |
| Stocks | 30/36 | €453,500 | €331,000 | -€122,500 | -27.0% |
| Amounts receivable within one year | 40/41 | €2,251 | €9,661 | +€7,410 | +329% |
| Trade receivables | 40 | €387 | €5,143 | +€4,755 | +1,228% |
| Other amounts receivable | 41 | €1,864 | €4,519 | +€2,655 | +142% |
| Cash at bank and in hand | 54/58 | €103,167 | €148,284 | +€45,116 | +43.7% |
| Total equity and liabilities | 10/49 | €599,183 | €570,453 | -€28,730 | -4.8% |
| Equity | 10/15 | -€179,319 | -€8,490 | +€170,829 | +95.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€197,919 | -€27,090 | +€170,829 | +86.3% |
| Amounts payable | 17/49 | €778,502 | €578,943 | -€199,558 | -25.6% |
| Amounts payable within one year | 42/48 | €778,502 | €578,943 | -€199,558 | -25.6% |
| Trade debts | 44 | €2,935 | €3,570 | +€635 | +21.6% |
| Suppliers | 440/4 | €2,935 | €3,570 | +€635 | +21.6% |
| Taxes, remuneration and social security | 45 | - | €2,998 | +€2,998 | |
| Taxes | 450/3 | - | €2,998 | +€2,998 | |
| Other amounts payable | 47/48 | €775,566 | €572,375 | -€203,191 | -26.2% |
| Remuneration, social security and pensions | 62 | €1,146 | -€75 | -€1,222 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,707 | €6,711 | +€5 | +0.1% |
| Other operating charges | 640/8 | €588 | €531 | -€57 | -9.6% |
| Gross operating margin | 9900 | €27,634 | €181,231 | +€153,597 | +556% |
| Operating profit (loss) | 9901 | €19,193 | €174,063 | +€154,870 | +807% |
| Financial income | 75/76B | €808 | - | -€808 | |
| Recurring financial income | 75 | €808 | - | -€808 | |
| Financial charges | 65/66B | €154 | €236 | +€83 | +53.8% |
| Recurring financial charges | 65 | €154 | €236 | +€83 | +53.8% |
| Profit (loss) for the period before taxes | 9903 | €19,848 | €173,827 | +€153,979 | +776% |
| Income taxes | 67/77 | - | €2,998 | +€2,998 | |
| Profit (loss) for the period | 9904 | €19,848 | €170,829 | +€150,981 | +761% |
| Profit (loss) for the period to be appropriated | 9905 | €19,848 | €170,829 | +€150,981 | +761% |
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 26 October 2026 via checked.be.