de LOPHEM: 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.
de LOPHEM
Largest movements
- Cash +€13,350
up €13,350 (+49.9%), from €26,758 to €40,108
mainly Depreciation (+€10,013) and Net result for the year (+€5,701)
- Tangible fixed assets -€10,013
down €10,013 (-9.9%), from €101,387 to €91,374
- Deferred charges and accrued income +€2,610
up €2,610 (+1,217%), from €214 to €2,824
- Reserves +€5,600
up €5,600 (+34.7%), from €16,160 to €21,760
- Accrued charges and deferred income +€2,602
new in 2025: €2,602
- Tax, wage and social debts -€2,003
no longer reported in 2025 (was €2,003)
- Gross operating margin +€2,773
up €2,773 (+15.1%), from €18,409 to €21,182
- Taxes +€644
up €644 (+32.2%), from €2,003 to €2,647
- Other operating charges +€425
up €425 (+18.1%), from €2,352 to €2,778
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 | €128,359 | €134,659 | +€6,300 | +4.9% |
| Fixed assets | 21/28 | €101,387 | €91,374 | -€10,013 | -9.9% |
| Tangible fixed assets | 22/27 | €101,387 | €91,374 | -€10,013 | -9.9% |
| Land and buildings | 22 | €101,387 | €91,374 | -€10,013 | -9.9% |
| Current assets | 29/58 | €26,972 | €43,285 | +€16,313 | +60.5% |
| Amounts receivable within one year | 40/41 | - | €353 | +€353 | |
| Other amounts receivable | 41 | - | €353 | +€353 | |
| Cash at bank and in hand | 54/58 | €26,758 | €40,108 | +€13,350 | +49.9% |
| Deferred charges and accrued income | 490/1 | €214 | €2,824 | +€2,610 | +1,217% |
| Total equity and liabilities | 10/49 | €128,359 | €134,659 | +€6,300 | +4.9% |
| Equity | 10/15 | €117,607 | €123,308 | +€5,701 | +4.8% |
| Contributions | 10/11 | €85,000 | €85,000 | = | 0.0% |
| Reserves | 13 | €16,160 | €21,760 | +€5,600 | +34.7% |
| Distributable reserves | 133 | €16,160 | €21,760 | +€5,600 | +34.7% |
| Profit (loss) carried forward | 14 | €16,447 | €16,548 | +€101 | +0.6% |
| Amounts payable | 17/49 | €10,752 | €11,351 | +€599 | +5.6% |
| Amounts payable within one year | 42/48 | €10,752 | €8,749 | -€2,003 | -18.6% |
| Taxes, remuneration and social security | 45 | €2,003 | - | -€2,003 | |
| Taxes | 450/3 | €2,003 | - | -€2,003 | |
| Other amounts payable | 47/48 | €8,749 | €8,749 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,602 | +€2,602 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,013 | €10,013 | = | 0.0% |
| Other operating charges | 640/8 | €2,352 | €2,778 | +€425 | +18.1% |
| Gross operating margin | 9900 | €18,409 | €21,182 | +€2,773 | +15.1% |
| Operating profit (loss) | 9901 | €6,044 | €8,392 | +€2,348 | +38.8% |
| Financial charges | 65/66B | €39 | €44 | +€5 | +11.5% |
| Recurring financial charges | 65 | €39 | €44 | +€5 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €6,005 | €8,348 | +€2,343 | +39.0% |
| Income taxes | 67/77 | €2,003 | €2,647 | +€644 | +32.2% |
| Profit (loss) for the period | 9904 | €4,002 | €5,701 | +€1,699 | +42.4% |
| Profit (loss) for the period to be appropriated | 9905 | €4,002 | €5,701 | +€1,699 | +42.4% |
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.