Tread lightly when you speak to your kids about weight loss and weight in general. According to a 2017 study from the American Academy of Pediatrics, talking to your kids about weight can have potentially disastrous consequences, especially if your child is overweight: "Rather than motivating positive change, this stigma contributes to behaviours such as binge eating, social isolation, avoidance of health care services, decreased physical activity, and increased weight gain, which worsen obesity and create additional barriers to healthy behaviour change. Furthermore, experiences of weight stigma also dramatically impair quality of life, especially for youth."
Similarly, praising your child's weight loss signals to them that thinness is a trait they should desire over being healthy and could lead to the development of disordered eating. A child who is suffering from an eating disorder, such as bulimia or anorexia, will likely hide the disease from their parents, so watch for signs like obsession with food, constant dieting or counting calories, going to the bathroom immediately after eating, and not eating in front of others. If you think your child has an eating disorder, seek professional help as soon as possible.