LOSANE: 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.
LOSANE
Largest movements
- Financial fixed assets +€161,039
up €161,039 (+48.7%), from €330,468 to €491,507
- Receivables within one year +€131,343
up €131,343 (+65.5%), from €200,484 to €331,827
of which Other amounts receivable: +€82,817
- Cash +€71,114
up €71,114, from €0 to €71,114
mainly Other debts (+€233,826) and Net result for the year (+€99,513)
- Tangible fixed assets -€30,259
down €30,259 (-19.0%), from €159,193 to €128,934
of which Furniture and vehicles: -€17,853
- Other debts +€233,826
up €233,826 (+615%), from €37,990 to €271,817
- Profit (loss) carried forward +€64,513
up €64,513 (+23.4%), from €275,118 to €339,631
- Accrued charges and deferred income +€39,450
up €39,450 (+29.4%), from €134,388 to €173,839
- Debts after one year -€28,770
down €28,770 (-21.2%), from €135,454 to €106,685
- Tax, wage and social debts +€16,662
up €16,662 (+77.4%), from €21,520 to €38,181
- Gross operating margin +€94,958
up €94,958 (+181%), from €52,564 to €147,522
- Depreciation -€8,128
down €8,128 (-21.2%), from €38,387 to €30,259
- Write-downs +€4,440
new in 2026: €4,440
- Taxes -€3,291
down €3,291 (-96.8%), from €3,400 to €109
- Financial income +€2,012
up €2,012 (+33.1%), from €6,076 to €8,088
of which Financial income: +€2,012
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €702,553 | €1,035,673 | +€333,121 | +47.4% |
| Fixed assets | 21/28 | €489,661 | €620,441 | +€130,780 | +26.7% |
| Tangible fixed assets | 22/27 | €159,193 | €128,934 | -€30,259 | -19.0% |
| Land and buildings | 22 | €105,598 | €94,449 | -€11,149 | -10.6% |
| Furniture and vehicles | 24 | €49,020 | €31,167 | -€17,853 | -36.4% |
| Other tangible fixed assets | 26 | €4,575 | €3,317 | -€1,258 | -27.5% |
| Financial fixed assets | 28 | €330,468 | €491,507 | +€161,039 | +48.7% |
| Current assets | 29/58 | €212,891 | €415,232 | +€202,341 | +95.0% |
| Amounts receivable after more than one year | 29 | €1,325 | €0 | -€1,325 | -100% |
| Other amounts receivable | 291 | €1,325 | €0 | -€1,325 | -100% |
| Amounts receivable within one year | 40/41 | €200,484 | €331,827 | +€131,343 | +65.5% |
| Trade receivables | 40 | €24,098 | €72,624 | +€48,526 | +201% |
| Other amounts receivable | 41 | €176,386 | €259,203 | +€82,817 | +47.0% |
| Cash at bank and in hand | 54/58 | €0 | €71,114 | +€71,114 | |
| Deferred charges and accrued income | 490/1 | €11,082 | €12,291 | +€1,209 | +10.9% |
| Total equity and liabilities | 10/49 | €702,553 | €1,035,673 | +€333,121 | +47.4% |
| Equity | 10/15 | €321,799 | €386,312 | +€64,513 | +20.0% |
| Contributions | 10/11 | €42,438 | €42,438 | = | 0.0% |
| Reserves | 13 | €4,244 | €4,244 | = | 0.0% |
| Distributable reserves | 133 | €4,244 | €4,244 | = | 0.0% |
| Profit (loss) carried forward | 14 | €275,118 | €339,631 | +€64,513 | +23.4% |
| Amounts payable | 17/49 | €380,753 | €649,361 | +€268,608 | +70.5% |
| Amounts payable after more than one year | 17 | €135,454 | €106,685 | -€28,770 | -21.2% |
| Financial debts | 170/4 | €135,454 | €106,685 | -€28,770 | -21.2% |
| Amounts payable within one year | 42/48 | €110,911 | €368,838 | +€257,927 | +233% |
| Current portion of amounts payable after more than one year | 42 | €35,265 | €28,770 | -€6,495 | -18.4% |
| Financial debts | 43 | €6,065 | €16,713 | +€10,648 | +176% |
| Credit institutions | 430/8 | €6,065 | €16,713 | +€10,648 | +176% |
| Trade debts | 44 | €10,072 | €13,357 | +€3,285 | +32.6% |
| Suppliers | 440/4 | €10,072 | €13,357 | +€3,285 | +32.6% |
| Taxes, remuneration and social security | 45 | €21,520 | €38,181 | +€16,662 | +77.4% |
| Taxes | 450/3 | €21,520 | €38,181 | +€16,662 | +77.4% |
| Other amounts payable | 47/48 | €37,990 | €271,817 | +€233,826 | +615% |
| Accrued charges and deferred income | 492/3 | €134,388 | €173,839 | +€39,450 | +29.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €10,401 | €11,218 | +€816 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,387 | €30,259 | -€8,128 | -21.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,440 | +€4,440 | |
| Other operating charges | 640/8 | €4,482 | €2,686 | -€1,796 | -40.1% |
| Gross operating margin | 9900 | €52,564 | €147,522 | +€94,958 | +181% |
| Operating profit (loss) | 9901 | -€706 | €98,919 | +€99,625 | |
| Financial income | 75/76B | €6,076 | €8,088 | +€2,012 | +33.1% |
| Recurring financial income | 75 | €6,076 | €8,088 | +€2,012 | +33.1% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €8,591 | €7,385 | -€1,206 | -14.0% |
| Recurring financial charges | 65 | €8,591 | €7,385 | -€1,206 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | -€3,221 | €99,622 | +€102,843 | |
| Income taxes | 67/77 | €3,400 | €109 | -€3,291 | -96.8% |
| Profit (loss) for the period | 9904 | -€6,621 | €99,513 | +€106,134 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,621 | €99,513 | +€106,134 |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.