LOBELIA: 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.
LOBELIA
Largest movements
- Tangible fixed assets +€26,210
up €26,210 (+2.5%), from €1.1m to €1.1m
of which Plant, machinery and equipment: +€105,831
- Cash -€13,526
down €13,526 (-15.9%), from €85,046 to €71,520
mainly Investment in fixed assets (net) (-€112,521) and Trade debts (-€37,658)
- Trade debts -€37,658
down €37,658 (-42.3%), from €88,987 to €51,329
- Reserves +€25,664
up €25,664 (+11.5%), from €223,349 to €249,013
of which Distributable reserves: +€25,664
- Current portion of long-term debt +€17,410
up €17,410 (+19.6%), from €89,003 to €106,413
- Debts after one year +€15,441
up €15,441 (+2.6%), from €583,492 to €598,933
- Accrued charges and deferred income +€12,717
new in 2025: €12,717
- Staff costs -€35,999
down €35,999 (-11.9%), from €302,850 to €266,851
- Gross operating margin -€19,634
down €19,634 (-4.3%), from €460,712 to €441,078
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 | €1,200,189 | €1,227,239 | +€27,050 | +2.3% |
| Fixed assets | 21/28 | €1,067,234 | €1,093,444 | +€26,210 | +2.5% |
| Tangible fixed assets | 22/27 | €1,067,234 | €1,093,444 | +€26,210 | +2.5% |
| Land and buildings | 22 | €985,257 | €927,942 | -€57,315 | -5.8% |
| Plant, machinery and equipment | 23 | €52,649 | €158,480 | +€105,831 | +201.0% |
| Furniture and vehicles | 24 | €29,328 | €7,022 | -€22,306 | -76.1% |
| Current assets | 29/58 | €132,955 | €133,795 | +€840 | +0.6% |
| Stocks and contracts in progress | 3 | €5,000 | €5,000 | = | 0.0% |
| Stocks | 30/36 | €5,000 | €5,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €27,171 | €37,024 | +€9,852 | +36.3% |
| Trade receivables | 40 | €16,333 | €26,108 | +€9,775 | +59.9% |
| Other amounts receivable | 41 | €10,839 | €10,916 | +€77 | +0.7% |
| Cash at bank and in hand | 54/58 | €85,046 | €71,520 | -€13,526 | -15.9% |
| Deferred charges and accrued income | 490/1 | €15,738 | €20,251 | +€4,514 | +28.7% |
| Total equity and liabilities | 10/49 | €1,200,189 | €1,227,239 | +€27,050 | +2.3% |
| Equity | 10/15 | €229,849 | €255,513 | +€25,664 | +11.2% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €223,349 | €249,013 | +€25,664 | +11.5% |
| Tax-exempt reserves | 132 | €12,643 | €12,643 | = | 0.0% |
| Distributable reserves | 133 | €210,706 | €236,369 | +€25,664 | +12.2% |
| Provisions and deferred taxes | 16 | €162,649 | €163,497 | +€848 | +0.5% |
| Provisions for liabilities and charges | 160/5 | €162,649 | €163,497 | +€848 | +0.5% |
| Other liabilities and charges | 164/5 | €162,649 | €163,497 | +€848 | +0.5% |
| Amounts payable | 17/49 | €807,691 | €808,229 | +€538 | +0.1% |
| Amounts payable after more than one year | 17 | €583,492 | €598,933 | +€15,441 | +2.6% |
| Financial debts | 170/4 | €583,492 | €598,933 | +€15,441 | +2.6% |
| Amounts payable within one year | 42/48 | €224,199 | €196,579 | -€27,620 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €89,003 | €106,413 | +€17,410 | +19.6% |
| Financial debts | 43 | €12,723 | €11,742 | -€981 | -7.7% |
| Other loans | 439 | €12,723 | €11,742 | -€981 | -7.7% |
| Trade debts | 44 | €88,987 | €51,329 | -€37,658 | -42.3% |
| Suppliers | 440/4 | €88,987 | €51,329 | -€37,658 | -42.3% |
| Taxes, remuneration and social security | 45 | €33,486 | €27,095 | -€6,391 | -19.1% |
| Taxes | 450/3 | €13,142 | €10,042 | -€3,100 | -23.6% |
| Remuneration and social security | 454/9 | €20,343 | €17,053 | -€3,291 | -16.2% |
| Accrued charges and deferred income | 492/3 | - | €12,717 | +€12,717 | |
| Non-recurring operating income | 76A | - | €4,012 | +€4,012 | |
| Remuneration, social security and pensions | 62 | €302,850 | €266,851 | -€35,999 | -11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €86,408 | €86,311 | -€98 | -0.1% |
| Other operating charges | 640/8 | €14,076 | €9,529 | -€4,547 | -32.3% |
| Non-recurring operating charges | 66A | €503 | €13,741 | +€13,239 | +2633.3% |
| Gross operating margin | 9900 | €460,712 | €441,078 | -€19,634 | -4.3% |
| Operating profit (loss) | 9901 | €56,875 | €64,646 | +€7,771 | +13.7% |
| Financial income | 75/76B | €3,243 | €4,023 | +€780 | +24.1% |
| Recurring financial income | 75 | €3,243 | €4,023 | +€780 | +24.1% |
| Financial charges | 65/66B | €34,204 | €37,007 | +€2,803 | +8.2% |
| Recurring financial charges | 65 | €34,204 | €37,007 | +€2,803 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €25,913 | €31,661 | +€5,748 | +22.2% |
| Income taxes | 67/77 | €9,391 | €5,997 | -€3,394 | -36.1% |
| Profit (loss) for the period | 9904 | €16,522 | €25,664 | +€9,141 | +55.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,522 | €25,664 | +€9,141 | +55.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.