de Loncin Eric: 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.
de Loncin Eric
Largest movements
- Cash -€42,900
down €42,900 (-49.2%), from €87,133 to €44,233
mainly Net result for the year (-€43,831) and Trade debts (-€26,947)
- Receivables within one year -€28,568
down €28,568 (-53.4%), from €53,497 to €24,929
of which Trade receivables: -€31,822
- Tangible fixed assets -€9,878
down €9,878 (-26.5%), from €37,324 to €27,446
of which Furniture and vehicles: -€8,971
- Deferred charges and accrued income -€1,867
down €1,867 (-54.4%), from €3,433 to €1,566
- Profit (loss) carried forward -€43,831
down €43,831, from €36,300 to -€7,531
- Trade debts -€26,947
down €26,947 (-84.1%), from €32,040 to €5,093
- Debts after one year -€6,110
down €6,110 (-38.8%), from €15,740 to €9,630
- Accrued charges and deferred income -€2,855
down €2,855 (-100.0%), from €2,855 to €0
- Current portion of long-term debt -€2,852
down €2,852 (-31.8%), from €8,963 to €6,110
- Gross operating margin -€39,636
down €39,636, from €14,935 to -€24,701
- Write-downs +€5,355
new in 2025: €5,355
- Taxes -€892
down €892 (-66.1%), from €1,349 to €457
- Financial charges -€672
down €672 (-43.0%), from €1,562 to €890
- Other operating charges -€639
down €639 (-37.8%), from €1,689 to €1,050
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 | €181,885 | €98,673 | -€83,213 | -45.8% |
| Fixed assets | 21/28 | €37,822 | €27,944 | -€9,878 | -26.1% |
| Tangible fixed assets | 22/27 | €37,324 | €27,446 | -€9,878 | -26.5% |
| Land and buildings | 22 | €4,000 | €4,000 | = | 0.0% |
| Plant, machinery and equipment | 23 | €2,584 | €1,677 | -€907 | -35.1% |
| Furniture and vehicles | 24 | €30,740 | €21,770 | -€8,971 | -29.2% |
| Financial fixed assets | 28 | €498 | €498 | = | 0.0% |
| Current assets | 29/58 | €144,063 | €70,728 | -€73,335 | -50.9% |
| Amounts receivable within one year | 40/41 | €53,497 | €24,929 | -€28,568 | -53.4% |
| Trade receivables | 40 | €39,580 | €7,758 | -€31,822 | -80.4% |
| Other amounts receivable | 41 | €13,917 | €17,171 | +€3,253 | +23.4% |
| Cash at bank and in hand | 54/58 | €87,133 | €44,233 | -€42,900 | -49.2% |
| Deferred charges and accrued income | 490/1 | €3,433 | €1,566 | -€1,867 | -54.4% |
| Total equity and liabilities | 10/49 | €181,885 | €98,673 | -€83,213 | -45.8% |
| Equity | 10/15 | €76,300 | €32,469 | -€43,831 | -57.4% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €27,500 | €27,500 | = | 0.0% |
| Distributable reserves | 133 | €27,500 | €27,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,300 | -€7,531 | -€43,831 | |
| Amounts payable | 17/49 | €105,586 | €66,204 | -€39,382 | -37.3% |
| Amounts payable after more than one year | 17 | €15,740 | €9,630 | -€6,110 | -38.8% |
| Financial debts | 170/4 | €15,740 | €9,630 | -€6,110 | -38.8% |
| Amounts payable within one year | 42/48 | €86,991 | €56,574 | -€30,417 | -35.0% |
| Current portion of amounts payable after more than one year | 42 | €8,963 | €6,110 | -€2,852 | -31.8% |
| Trade debts | 44 | €32,040 | €5,093 | -€26,947 | -84.1% |
| Suppliers | 440/4 | €32,040 | €5,093 | -€26,947 | -84.1% |
| Taxes, remuneration and social security | 45 | €2,002 | €2,012 | +€11 | +0.5% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €2,002 | €2,012 | +€11 | +0.5% |
| Other amounts payable | 47/48 | €43,986 | €43,358 | -€628 | -1.4% |
| Accrued charges and deferred income | 492/3 | €2,855 | €0 | -€2,855 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,250 | €11,378 | +€128 | +1.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,355 | +€5,355 | |
| Other operating charges | 640/8 | €1,689 | €1,050 | -€639 | -37.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €14,935 | -€24,701 | -€39,636 | |
| Operating profit (loss) | 9901 | €1,996 | -€42,484 | -€44,481 | |
| Financial income | 75/76B | €1 | €1 | -€0 | -14.6% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -14.6% |
| Financial charges | 65/66B | €1,562 | €890 | -€672 | -43.0% |
| Recurring financial charges | 65 | €1,562 | €890 | -€672 | -43.0% |
| Profit (loss) for the period before taxes | 9903 | €436 | -€43,374 | -€43,809 | |
| Income taxes | 67/77 | €1,349 | €457 | -€892 | -66.1% |
| Profit (loss) for the period | 9904 | -€913 | -€43,831 | -€42,917 | -4698.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€913 | -€43,831 | -€42,917 | -4698.8% |
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 1 October 2026 via checked.be.