LOBERGH: 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.
LOBERGH
Largest movements
- Receivables within one year +€752,906
up €752,906 (+223%), from €337,421 to €1.1m
of which Other amounts receivable: +€638,663
- Tangible fixed assets +€465,504
up €465,504 (+12.3%), from €3.8m to €4.3m
of which Land and buildings: +€471,933
- Cash -€124,896
down €124,896 (-22.0%), from €568,677 to €443,781
mainly Receivables within one year (-€752,906) and Investment in fixed assets (net) (-€741,013)
- Reserves +€975,765
up €975,765 (+56.2%), from €1.7m to €2.7m
of which Distributable reserves: +€975,765
- Trade debts -€173,335
down €173,335 (-37.8%), from €458,581 to €285,246
- Debts after one year +€160,280
up €160,280 (+5.4%), from €3.0m to €3.1m
- Tax, wage and social debts +€113,235
up €113,235 (+169%), from €66,851 to €180,085
of which Taxes: +€110,525
- Gross operating margin +€554,318
up €554,318 (+42.9%), from €1.3m to €1.8m
- Taxes +€251,029
up €251,029 (+118%), from €212,839 to €463,868
- Staff costs +€22,473
up €22,473 (+193%), from €11,642 to €34,115
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,714,252 | €6,753,957 | +€1.0m | +18.2% |
| Fixed assets | 21/28 | €3,805,010 | €4,267,507 | +€462,498 | +12.2% |
| Intangible fixed assets | 21 | €14,184 | €11,178 | -€3,006 | -21.2% |
| Tangible fixed assets | 22/27 | €3,790,825 | €4,256,329 | +€465,504 | +12.3% |
| Land and buildings | 22 | €3,433,463 | €3,905,396 | +€471,933 | +13.7% |
| Plant, machinery and equipment | 23 | €319,273 | €289,341 | -€29,932 | -9.4% |
| Furniture and vehicles | 24 | €18,847 | €47,484 | +€28,636 | +152% |
| Leasing and similar rights | 25 | €19,242 | €14,109 | -€5,133 | -26.7% |
| Current assets | 29/58 | €1,909,243 | €2,486,449 | +€577,207 | +30.2% |
| Stocks and contracts in progress | 3 | €983,940 | €933,460 | -€50,480 | -5.1% |
| Stocks | 30/36 | €983,940 | €933,460 | -€50,480 | -5.1% |
| Amounts receivable within one year | 40/41 | €337,421 | €1,090,328 | +€752,906 | +223% |
| Trade receivables | 40 | €53,195 | €167,438 | +€114,243 | +215% |
| Other amounts receivable | 41 | €284,226 | €922,889 | +€638,663 | +225% |
| Cash at bank and in hand | 54/58 | €568,677 | €443,781 | -€124,896 | -22.0% |
| Deferred charges and accrued income | 490/1 | €19,204 | €18,881 | -€323 | -1.7% |
| Total equity and liabilities | 10/49 | €5,714,252 | €6,753,957 | +€1.0m | +18.2% |
| Equity | 10/15 | €1,922,512 | €2,887,282 | +€964,770 | +50.2% |
| Contributions | 10/11 | €89,327 | €89,327 | = | 0.0% |
| Revaluation surpluses | 12 | €96,014 | €85,019 | -€10,995 | -11.5% |
| Reserves | 13 | €1,737,171 | €2,712,937 | +€975,765 | +56.2% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,737,171 | €2,712,937 | +€975,765 | +56.2% |
| Amounts payable | 17/49 | €3,791,741 | €3,866,675 | +€74,934 | +2.0% |
| Amounts payable after more than one year | 17 | €2,954,633 | €3,114,913 | +€160,280 | +5.4% |
| Financial debts | 170/4 | €2,954,633 | €3,114,913 | +€160,280 | +5.4% |
| Amounts payable within one year | 42/48 | €836,708 | €751,362 | -€85,345 | -10.2% |
| Current portion of amounts payable after more than one year | 42 | €306,201 | €286,030 | -€20,171 | -6.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €458,581 | €285,246 | -€173,335 | -37.8% |
| Suppliers | 440/4 | €458,581 | €285,246 | -€173,335 | -37.8% |
| Taxes, remuneration and social security | 45 | €66,851 | €180,085 | +€113,235 | +169% |
| Taxes | 450/3 | €64,140 | €174,665 | +€110,525 | +172% |
| Remuneration and social security | 454/9 | €2,711 | €5,420 | +€2,709 | +99.9% |
| Other amounts payable | 47/48 | €5,074 | €0 | -€5,074 | -100% |
| Accrued charges and deferred income | 492/3 | €400 | €400 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €11,642 | €34,115 | +€22,473 | +193% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €276,127 | €278,515 | +€2,389 | +0.9% |
| Other operating charges | 640/8 | €13,751 | €15,860 | +€2,109 | +15.3% |
| Gross operating margin | 9900 | €1,293,136 | €1,847,454 | +€554,318 | +42.9% |
| Operating profit (loss) | 9901 | €991,617 | €1,518,965 | +€527,348 | +53.2% |
| Financial income | 75/76B | €9,620 | €16,986 | +€7,365 | +76.6% |
| Recurring financial income | 75 | €9,620 | €16,986 | +€7,365 | +76.6% |
| Financial charges | 65/66B | €92,500 | €107,313 | +€14,813 | +16.0% |
| Recurring financial charges | 65 | €92,500 | €107,313 | +€14,813 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | €908,737 | €1,428,638 | +€519,901 | +57.2% |
| Income taxes | 67/77 | €212,839 | €463,868 | +€251,029 | +118% |
| Profit (loss) for the period | 9904 | €695,898 | €964,770 | +€268,872 | +38.6% |
| Profit (loss) for the period to be appropriated | 9905 | €695,898 | €964,770 | +€268,872 | +38.6% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.