LOBDIS: 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.
LOBDIS
Largest movements
- Receivables within one year -€24,094
down €24,094 (-30.6%), from €78,827 to €54,734
of which Trade receivables: -€23,106
- Cash +€11,193
up €11,193 (+82.4%), from €13,578 to €24,770
mainly Receivables within one year (+€24,094) and Trade debts (+€17,095)
- Deferred charges and accrued income -€2,126
down €2,126 (-76.0%), from €2,798 to €672
- Trade debts +€17,095
up €17,095 (+141.8%), from €12,054 to €29,149
- Advances received -€14,520
no longer reported in 2025 (was €14,520)
- Profit (loss) carried forward -€9,372
down €9,372 (-46.6%), from -€20,109 to -€29,481
- Tax, wage and social debts -€7,582
down €7,582 (-76.4%), from €9,928 to €2,346
- Gross operating margin -€153,147
down €153,147, from €149,245 to -€3,902
- Other operating charges -€4,516
down €4,516 (-56.2%), from €8,034 to €3,518
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 | €171,296 | €156,917 | -€14,379 | -8.4% |
| Fixed assets | 21/28 | €76,093 | €76,742 | +€648 | +0.9% |
| Tangible fixed assets | 22/27 | €1,092 | €1,741 | +€648 | +59.3% |
| Plant, machinery and equipment | 23 | €1,092 | €978 | -€115 | -10.5% |
| Furniture and vehicles | 24 | - | €763 | +€763 | |
| Financial fixed assets | 28 | €75,001 | €75,001 | = | 0.0% |
| Current assets | 29/58 | €95,203 | €80,176 | -€15,027 | -15.8% |
| Amounts receivable within one year | 40/41 | €78,827 | €54,734 | -€24,094 | -30.6% |
| Trade receivables | 40 | €70,274 | €47,168 | -€23,106 | -32.9% |
| Other amounts receivable | 41 | €8,553 | €7,566 | -€987 | -11.5% |
| Cash at bank and in hand | 54/58 | €13,578 | €24,770 | +€11,193 | +82.4% |
| Deferred charges and accrued income | 490/1 | €2,798 | €672 | -€2,126 | -76.0% |
| Total equity and liabilities | 10/49 | €171,296 | €156,917 | -€14,379 | -8.4% |
| Equity | 10/15 | €134,794 | €125,423 | -€9,372 | -7.0% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €124,903 | €124,903 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,000 | €3,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €121,903 | €121,903 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,109 | -€29,481 | -€9,372 | -46.6% |
| Amounts payable | 17/49 | €36,502 | €31,495 | -€5,007 | -13.7% |
| Amounts payable within one year | 42/48 | €36,502 | €31,495 | -€5,007 | -13.7% |
| Trade debts | 44 | €12,054 | €29,149 | +€17,095 | +141.8% |
| Suppliers | 440/4 | €12,054 | €29,149 | +€17,095 | +141.8% |
| Advances received on contracts in progress | 46 | €14,520 | - | -€14,520 | |
| Taxes, remuneration and social security | 45 | €9,928 | €2,346 | -€7,582 | -76.4% |
| Taxes | 450/3 | €9,928 | €2,346 | -€7,582 | -76.4% |
| Remuneration, social security and pensions | 62 | €53 | - | -€53 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53 | €255 | +€202 | +380.2% |
| Other operating charges | 640/8 | €8,034 | €3,518 | -€4,516 | -56.2% |
| Gross operating margin | 9900 | €149,245 | -€3,902 | -€153,147 | |
| Operating profit (loss) | 9901 | €141,105 | -€7,675 | -€148,780 | |
| Financial income | 75/76B | €6 | €518 | +€512 | +8500.8% |
| Recurring financial income | 75 | €6 | €518 | +€512 | +8500.8% |
| Financial charges | 65/66B | €1,418 | €1,615 | +€197 | +13.9% |
| Recurring financial charges | 65 | €1,418 | €1,615 | +€197 | +13.9% |
| Profit (loss) for the period before taxes | 9903 | €139,693 | -€8,773 | -€148,465 | |
| Income taxes | 67/77 | €611 | €599 | -€11 | -1.8% |
| Profit (loss) for the period | 9904 | €139,082 | -€9,372 | -€148,454 | |
| Profit (loss) for the period to be appropriated | 9905 | €139,082 | -€9,372 | -€148,454 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.