LOBEMA: 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.
What changed
LOBEMA
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,060
2024 · €21,911-€15,852
Equity
€2.6m
2024 · €2.6m+€6,060
Cash
€13,778
2024 · €18,712-€4,934
Balance sheet total
€2.9m
2024 · €3.0m-€80,874
Largest movements
Assets
- Current investments -€661,271
down €661,271 (-44.3%), from €1.5m to €831,440
- Receivables within one year +€636,847
up €636,847 (+256%), from €248,616 to €885,463
of which Other amounts receivable: +€638,338
- Tangible fixed assets -€69,737
down €69,737 (-5.7%), from €1.2m to €1.2m
of which Land and buildings: -€69,527
Equity and liabilities
- Debts after one year -€80,379
down €80,379 (-29.2%), from €274,804 to €194,424
Income statement
- Gross operating margin -€36,827
down €36,827 (-37.7%), from €97,738 to €60,911
- Financial income +€18,466
up €18,466 (+93.5%), from €19,750 to €38,216
- Financial charges -€2,560
down €2,560 (-26.4%), from €9,683 to €7,123
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.
Result 2024
€21,911
Gross operating margin
-€36,827
Depreciation
-€878
Other operating charges
+€371
Other operating items
+€455
Financial income
+€18,466
Financial charges
+€2,560
Result 2025
€6,060
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€570,962
Investment
+€653,957
Financing
-€87,929
Cash 2024
€18,712
From operations (derived)
-€570,962
Net result for the year
+€6,060
Depreciation
+€77,050
Receivables within one year
-€636,847
Deferred charges and accrued income
-€18,221
Trade debts
-€1,152
Tax, wage and social debts
+€2,148
Investment (derived)
+€653,957
Investment in fixed assets (net)
-€7,314
Current investments
+€661,271
Financing
-€87,929
Debts after one year
-€80,379
Current portion of long-term debt
-€9,248
Short-term financial debts
+€1,698
Cash 2025
€13,778
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,005,941 | €2,925,067 | -€80,874 | -2.7% |
| Fixed assets | 21/28 | €1,233,320 | €1,163,583 | -€69,737 | -5.7% |
| Tangible fixed assets | 22/27 | €1,233,293 | €1,163,557 | -€69,737 | -5.7% |
| Land and buildings | 22 | €1,232,874 | €1,163,347 | -€69,527 | -5.6% |
| Plant, machinery and equipment | 23 | €420 | €210 | -€210 | -50.0% |
| Financial fixed assets | 28 | €26 | €26 | = | 0.0% |
| Current assets | 29/58 | €1,772,621 | €1,761,484 | -€11,137 | -0.6% |
| Amounts receivable within one year | 40/41 | €248,616 | €885,463 | +€636,847 | +256% |
| Trade receivables | 40 | €24,085 | €22,594 | -€1,491 | -6.2% |
| Other amounts receivable | 41 | €224,530 | €862,868 | +€638,338 | +284% |
| Current investments | 50/53 | €1,492,710 | €831,440 | -€661,271 | -44.3% |
| Cash at bank and in hand | 54/58 | €18,712 | €13,778 | -€4,934 | -26.4% |
| Deferred charges and accrued income | 490/1 | €12,583 | €30,804 | +€18,221 | +145% |
| Total equity and liabilities | 10/49 | €3,005,941 | €2,925,067 | -€80,874 | -2.7% |
| Equity | 10/15 | €2,629,410 | €2,635,469 | +€6,060 | +0.2% |
| Contributions | 10/11 | €104,115 | €104,115 | = | 0.0% |
| Capital | 10 | €104,115 | €104,115 | = | 0.0% |
| Issued capital | 100 | €104,115 | €104,115 | = | 0.0% |
| Reserves | 13 | €710,932 | €710,932 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,412 | €10,412 | = | 0.0% |
| Legal reserve | 130 | €10,412 | €10,412 | = | 0.0% |
| Tax-exempt reserves | 132 | €5,130 | €5,130 | = | 0.0% |
| Distributable reserves | 133 | €695,390 | €695,390 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,814,362 | €1,820,422 | +€6,060 | +0.3% |
| Amounts payable | 17/49 | €376,531 | €289,598 | -€86,934 | -23.1% |
| Amounts payable after more than one year | 17 | €274,804 | €194,424 | -€80,379 | -29.2% |
| Financial debts | 170/4 | €274,804 | €194,424 | -€80,379 | -29.2% |
| Amounts payable within one year | 42/48 | €100,927 | €94,373 | -€6,554 | -6.5% |
| Current portion of amounts payable after more than one year | 42 | €89,602 | €80,354 | -€9,248 | -10.3% |
| Financial debts | 43 | - | €1,698 | +€1,698 | |
| Credit institutions | 430/8 | - | €1,698 | +€1,698 | |
| Trade debts | 44 | €9,701 | €8,550 | -€1,152 | -11.9% |
| Suppliers | 440/4 | €9,701 | €8,550 | -€1,152 | -11.9% |
| Taxes, remuneration and social security | 45 | €1,624 | €3,771 | +€2,148 | +132% |
| Taxes | 450/3 | €1,624 | €3,771 | +€2,148 | +132% |
| Accrued charges and deferred income | 492/3 | €800 | €800 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,173 | €77,050 | +€878 | +1.2% |
| Other operating charges | 640/8 | €9,265 | €8,894 | -€371 | -4.0% |
| Non-recurring operating charges | 66A | €455 | €0 | -€455 | -100% |
| Gross operating margin | 9900 | €97,738 | €60,911 | -€36,827 | -37.7% |
| Operating profit (loss) | 9901 | €11,845 | -€25,034 | -€36,878 | |
| Financial income | 75/76B | €19,750 | €38,216 | +€18,466 | +93.5% |
| Recurring financial income | 75 | €19,750 | €38,216 | +€18,466 | +93.5% |
| Financial charges | 65/66B | €9,683 | €7,123 | -€2,560 | -26.4% |
| Recurring financial charges | 65 | €9,683 | €7,123 | -€2,560 | -26.4% |
| Profit (loss) for the period before taxes | 9903 | €21,911 | €6,060 | -€15,852 | -72.3% |
| Profit (loss) for the period | 9904 | €21,911 | €6,060 | -€15,852 | -72.3% |
| Profit (loss) for the period to be appropriated | 9905 | €21,911 | €6,060 | -€15,852 | -72.3% |
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.