LO DILO: 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.
LO DILO
Largest movements
- Tangible fixed assets +€964,744
up €964,744 (+334.9%), from €288,072 to €1.3m
- Cash +€58,253
up €58,253 (+432.5%), from €13,470 to €71,723
mainly Debts after one year (+€733,783) and Current portion of long-term debt (+€206,432)
- Debts after one year +€733,783
up €733,783 (+314.1%), from €233,638 to €967,421
of which Financial debts: +€733,024
- Current portion of long-term debt +€206,432
up €206,432 (+564.9%), from €36,543 to €242,976
- Short-term financial debts +€76,124
up €76,124 (+42.1%), from €180,816 to €256,941
- Financial charges +€20,414
up €20,414 (+239.8%), from €8,514 to €28,929
- Gross operating margin +€14,781
up €14,781 (+25.1%), from €58,980 to €73,762
- Depreciation +€11,465
up €11,465 (+49.2%), from €23,326 to €34,791
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 | €302,258 | €1,329,640 | +€1.0m | +339.9% |
| Fixed assets | 21/28 | €288,072 | €1,257,766 | +€969,694 | +336.6% |
| Tangible fixed assets | 22/27 | €288,072 | €1,252,816 | +€964,744 | +334.9% |
| Land and buildings | 22 | €288,072 | €1,252,816 | +€964,744 | +334.9% |
| Financial fixed assets | 28 | - | €4,950 | +€4,950 | |
| Current assets | 29/58 | €14,186 | €71,874 | +€57,688 | +406.7% |
| Amounts receivable within one year | 40/41 | - | €152 | +€152 | |
| Other amounts receivable | 41 | - | €152 | +€152 | |
| Cash at bank and in hand | 54/58 | €13,470 | €71,723 | +€58,253 | +432.5% |
| Deferred charges and accrued income | 490/1 | €716 | - | -€716 | |
| Total equity and liabilities | 10/49 | €302,258 | €1,329,640 | +€1.0m | +339.9% |
| Equity | 10/15 | -€148,813 | -€142,996 | +€5,817 | +3.9% |
| Contributions | 10/11 | €31,000 | €31,000 | = | 0.0% |
| Reserves | 13 | €7,089 | €7,089 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,100 | €3,100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,100 | €3,100 | = | 0.0% |
| Distributable reserves | 133 | €3,989 | €3,989 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€186,902 | -€181,085 | +€5,817 | +3.1% |
| Amounts payable | 17/49 | €451,071 | €1,472,636 | +€1.0m | +226.5% |
| Amounts payable after more than one year | 17 | €233,638 | €967,421 | +€733,783 | +314.1% |
| Financial debts | 170/4 | €230,538 | €963,562 | +€733,024 | +318.0% |
| Other amounts payable | 178/9 | €3,100 | €3,859 | +€759 | +24.5% |
| Amounts payable within one year | 42/48 | €217,433 | €505,215 | +€287,781 | +132.4% |
| Current portion of amounts payable after more than one year | 42 | €36,543 | €242,976 | +€206,432 | +564.9% |
| Financial debts | 43 | €180,816 | €256,941 | +€76,124 | +42.1% |
| Other loans | 439 | €180,816 | €256,941 | +€76,124 | +42.1% |
| Trade debts | 44 | €74 | - | -€74 | |
| Suppliers | 440/4 | €74 | - | -€74 | |
| Taxes, remuneration and social security | 45 | - | €5,298 | +€5,298 | |
| Taxes | 450/3 | - | €5,298 | +€5,298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,326 | €34,791 | +€11,465 | +49.2% |
| Other operating charges | 640/8 | €4,109 | €4,236 | +€127 | +3.1% |
| Gross operating margin | 9900 | €58,980 | €73,762 | +€14,781 | +25.1% |
| Operating profit (loss) | 9901 | €31,545 | €34,734 | +€3,189 | +10.1% |
| Financial income | 75/76B | - | €12 | +€12 | |
| Recurring financial income | 75 | - | €12 | +€12 | |
| Financial charges | 65/66B | €8,514 | €28,929 | +€20,414 | +239.8% |
| Recurring financial charges | 65 | €8,514 | €28,929 | +€20,414 | +239.8% |
| Profit (loss) for the period before taxes | 9903 | €23,031 | €5,817 | -€17,214 | -74.7% |
| Profit (loss) for the period | 9904 | €23,031 | €5,817 | -€17,214 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €23,031 | €5,817 | -€17,214 | -74.7% |
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.