Het Lobroek: 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.
Het Lobroek
Largest movements
- Tangible fixed assets +€28,361
up €28,361 (+31.8%), from €89,185 to €117,546
of which Assets under construction and advance payments: +€24,512
- Stocks and contracts -€9,908
down €9,908 (-8.7%), from €114,188 to €104,280
- Receivables within one year -€5,426
down €5,426 (-95.2%), from €5,699 to €273
of which Other amounts receivable: -€2,929
- Trade debts +€17,202
up €17,202 (+45.4%), from €37,857 to €55,059
- Profit (loss) carried forward -€7,775
new in 2025: -€7,775
- Gross operating margin -€48,285
down €48,285 (-91.9%), from €52,534 to €4,249
- Taxes -€9,684
down €9,684 (-100.0%), from €9,686 to €2
- Financial charges -€2,449
down €2,449 (-93.5%), from €2,619 to €169
- Depreciation +€1,501
up €1,501 (+21.5%), from €6,988 to €8,488
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 | €229,329 | €241,963 | +€12,634 | +5.5% |
| Fixed assets | 21/28 | €89,185 | €117,546 | +€28,361 | +31.8% |
| Tangible fixed assets | 22/27 | €89,185 | €117,546 | +€28,361 | +31.8% |
| Land and buildings | 22 | €22,570 | €21,788 | -€782 | -3.5% |
| Other tangible fixed assets | 26 | €66,615 | €71,245 | +€4,630 | +7.0% |
| Assets under construction and advance payments | 27 | - | €24,512 | +€24,512 | |
| Current assets | 29/58 | €140,144 | €124,417 | -€15,727 | -11.2% |
| Stocks and contracts in progress | 3 | €114,188 | €104,280 | -€9,908 | -8.7% |
| Stocks | 30/36 | €114,188 | €104,280 | -€9,908 | -8.7% |
| Amounts receivable within one year | 40/41 | €5,699 | €273 | -€5,426 | -95.2% |
| Trade receivables | 40 | €2,769 | €273 | -€2,497 | -90.2% |
| Other amounts receivable | 41 | €2,929 | - | -€2,929 | |
| Cash at bank and in hand | 54/58 | €20,258 | €19,865 | -€393 | -1.9% |
| Total equity and liabilities | 10/49 | €229,329 | €241,963 | +€12,634 | +5.5% |
| Equity | 10/15 | €143,920 | €136,145 | -€7,775 | -5.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €141,920 | €141,920 | = | 0.0% |
| Distributable reserves | 133 | €141,920 | €141,920 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,775 | -€7,775 | |
| Amounts payable | 17/49 | €85,409 | €105,818 | +€20,409 | +23.9% |
| Amounts payable within one year | 42/48 | €85,409 | €105,818 | +€20,409 | +23.9% |
| Trade debts | 44 | €37,857 | €55,059 | +€17,202 | +45.4% |
| Suppliers | 440/4 | €37,857 | €55,059 | +€17,202 | +45.4% |
| Taxes, remuneration and social security | 45 | €12,684 | €13,768 | +€1,084 | +8.5% |
| Taxes | 450/3 | €12,340 | €13,768 | +€1,429 | +11.6% |
| Remuneration and social security | 454/9 | €344 | - | -€344 | |
| Other amounts payable | 47/48 | €34,868 | €36,991 | +€2,123 | +6.1% |
| Remuneration, social security and pensions | 62 | €2,558 | €3,046 | +€488 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,988 | €8,488 | +€1,501 | +21.5% |
| Other operating charges | 640/8 | €746 | €444 | -€302 | -40.5% |
| Gross operating margin | 9900 | €52,534 | €4,249 | -€48,285 | -91.9% |
| Operating profit (loss) | 9901 | €42,243 | -€7,728 | -€49,971 | |
| Financial income | 75/76B | - | €125 | +€125 | |
| Recurring financial income | 75 | - | €125 | +€125 | |
| Financial charges | 65/66B | €2,619 | €169 | -€2,449 | -93.5% |
| Recurring financial charges | 65 | €2,619 | €169 | -€2,449 | -93.5% |
| Profit (loss) for the period before taxes | 9903 | €39,624 | -€7,773 | -€47,397 | |
| Income taxes | 67/77 | €9,686 | €2 | -€9,684 | -100.0% |
| Profit (loss) for the period | 9904 | €29,938 | -€7,775 | -€37,713 | |
| Profit (loss) for the period to be appropriated | 9905 | €29,938 | -€7,775 | -€37,713 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.