LOBBO: 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.
LOBBO
Largest movements
- Tangible fixed assets -€342,743
down €342,743 (-38.0%), from €902,348 to €559,605
- Current assets +€253,016
up €253,016 (+135.8%), from €186,265 to €439,280
of which Receivables within one year: +€162,340
- Debts -€91,789
down €91,789 (-10.8%), from €850,722 to €758,933
of which Debts after one year: -€85,333
- Gross operating margin -€153,086
down €153,086 (-81.2%), from €188,526 to €35,440
- Depreciation -€39,367
down €39,367 (-32.1%), from €122,694 to €83,327
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,092,677 | €1,001,731 | -€90,946 | -8.3% |
| Fixed assets | 21/28 | €906,412 | €562,451 | -€343,962 | -37.9% |
| Intangible fixed assets | 21 | €4,064 | €2,846 | -€1,219 | -30.0% |
| Tangible fixed assets | 22/27 | €902,348 | €559,605 | -€342,743 | -38.0% |
| Current assets | 29/58 | €186,265 | €439,280 | +€253,016 | +135.8% |
| Stocks and contracts in progress | 3 | €74,500 | €70,692 | -€3,808 | -5.1% |
| Amounts receivable within one year | 40/41 | €105,955 | €268,295 | +€162,340 | +153.2% |
| Cash at bank and in hand | 54/58 | €5,248 | €100,293 | +€95,045 | +1811.1% |
| Total equity and liabilities | 10/49 | €1,092,677 | €1,001,731 | -€90,946 | -8.3% |
| Equity | 10/15 | €241,207 | €242,798 | +€1,591 | +0.7% |
| Contributions | 10/11 | €169,500 | €169,500 | = | 0.0% |
| Reserves | 13 | €203,754 | €202,146 | -€1,608 | -0.8% |
| Profit (loss) carried forward | 14 | -€132,047 | -€128,848 | +€3,199 | +2.4% |
| Provisions and deferred taxes | 16 | €748 | - | -€748 | |
| Amounts payable | 17/49 | €850,722 | €758,933 | -€91,789 | -10.8% |
| Amounts payable after more than one year | 17 | €610,667 | €525,333 | -€85,333 | -14.0% |
| Amounts payable within one year | 42/48 | €237,589 | €229,788 | -€7,801 | -3.3% |
| Trade debts | 44 | €71,381 | €25,279 | -€46,102 | -64.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €122,694 | €83,327 | -€39,367 | -32.1% |
| Gross operating margin | 9900 | €188,526 | €35,440 | -€153,086 | -81.2% |
| Operating profit (loss) | 9901 | -€74,195 | €12,876 | +€87,071 | |
| Recurring financial income | 75 | €1,070 | - | -€1,070 | |
| Recurring financial charges | 65 | €12,757 | €11,303 | -€1,454 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€85,882 | €1,573 | +€87,455 | |
| Income taxes | 67/77 | €528 | €730 | +€202 | +38.2% |
| Profit (loss) for the period | 9904 | -€85,662 | €1,591 | +€87,254 | |
| Profit (loss) for the period to be appropriated | 9905 | -€84,269 | €3,199 | +€87,467 |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.