THE LOFT: 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.
THE LOFT
Largest movements
- Cash -€20,521
down €20,521 (-26.2%), from €78,235 to €57,714
mainly Debts after one year (-€14,414) and Other debts (-€10,800)
- Tangible fixed assets -€8,400
down €8,400 (-5.3%), from €159,600 to €151,200
- Debts after one year -€14,414
down €14,414 (-24.3%), from €59,383 to €44,969
- Other debts -€10,800
down €10,800 (-100.0%), from €10,800 to €0
- Profit (loss) carried forward -€4,446
down €4,446 (-4.6%), from €96,928 to €92,482
- Gross operating margin -€143,792
down €143,792 (-93.2%), from €154,220 to €10,428
- Taxes -€35,502
down €35,502 (-100.0%), from €35,502 to €0
- Financial charges -€8,635
down €8,635 (-71.8%), from €12,030 to €3,394
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 | €237,835 | €208,914 | -€28,921 | -12.2% |
| Fixed assets | 21/28 | €159,600 | €151,200 | -€8,400 | -5.3% |
| Tangible fixed assets | 22/27 | €159,600 | €151,200 | -€8,400 | -5.3% |
| Land and buildings | 22 | €159,600 | €151,200 | -€8,400 | -5.3% |
| Current assets | 29/58 | €78,235 | €57,714 | -€20,521 | -26.2% |
| Cash at bank and in hand | 54/58 | €78,235 | €57,714 | -€20,521 | -26.2% |
| Total equity and liabilities | 10/49 | €237,835 | €208,914 | -€28,921 | -12.2% |
| Equity | 10/15 | €117,928 | €113,482 | -€4,446 | -3.8% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €96,928 | €92,482 | -€4,446 | -4.6% |
| Amounts payable | 17/49 | €119,907 | €95,432 | -€24,476 | -20.4% |
| Amounts payable after more than one year | 17 | €59,383 | €44,969 | -€14,414 | -24.3% |
| Financial debts | 170/4 | €59,383 | €44,969 | -€14,414 | -24.3% |
| Amounts payable within one year | 42/48 | €60,436 | €50,138 | -€10,299 | -17.0% |
| Current portion of amounts payable after more than one year | 42 | €13,712 | €14,414 | +€702 | +5.1% |
| Trade debts | 44 | €422 | €222 | -€201 | -47.5% |
| Suppliers | 440/4 | €422 | €222 | -€201 | -47.5% |
| Taxes, remuneration and social security | 45 | €35,502 | €35,502 | = | 0.0% |
| Taxes | 450/3 | €35,502 | €35,502 | = | 0.0% |
| Other amounts payable | 47/48 | €10,800 | €0 | -€10,800 | -100.0% |
| Accrued charges and deferred income | 492/3 | €88 | €325 | +€237 | +270.2% |
| Non-recurring operating income | 76A | €100,667 | €0 | -€100,667 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,400 | €8,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,907 | €3,080 | +€1,172 | +61.5% |
| Gross operating margin | 9900 | €154,220 | €10,428 | -€143,792 | -93.2% |
| Operating profit (loss) | 9901 | €143,913 | -€1,051 | -€144,964 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €12,030 | €3,394 | -€8,635 | -71.8% |
| Recurring financial charges | 65 | €12,030 | €3,394 | -€8,635 | -71.8% |
| Profit (loss) for the period before taxes | 9903 | €131,883 | -€4,446 | -€136,329 | |
| Income taxes | 67/77 | €35,502 | €0 | -€35,502 | -100.0% |
| Profit (loss) for the period | 9904 | €96,381 | -€4,446 | -€100,827 | |
| Profit (loss) for the period to be appropriated | 9905 | €96,381 | -€4,446 | -€100,827 |
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 5 October 2026 via checked.be.