LOBI: 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.
LOBI
Largest movements
- Receivables within one year +€56,972
up €56,972 (+141%), from €40,401 to €97,373
of which Trade receivables: +€42,088
- Cash -€24,245
down €24,245 (-31.0%), from €78,100 to €53,855
mainly Contributions, distributions and other (-€135,010) and Receivables within one year (-€56,972)
- Tangible fixed assets -€13,847
down €13,847 (-28.0%), from €49,481 to €35,635
of which Furniture and vehicles: -€13,847
- Other debts +€66,162
up €66,162 (+88.1%), from €75,136 to €141,298
- Profit (loss) carried forward -€58,699
down €58,699 (-100%), from €58,699 to €0
- Tax, wage and social debts +€14,728
up €14,728 (+232%), from €6,336 to €21,064
of which Taxes: +€14,728
- Trade debts -€2,062
down €2,062 (-24.4%), from €8,465 to €6,403
- Gross operating margin +€35,125
up €35,125 (+42.1%), from €83,432 to €118,557
- Taxes +€8,815
up €8,815 (+52.2%), from €16,883 to €25,698
- Depreciation +€1,472
up €1,472 (+11.9%), from €12,375 to €13,847
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 | €169,750 | €189,411 | +€19,661 | +11.6% |
| Fixed assets | 21/28 | €49,481 | €35,635 | -€13,847 | -28.0% |
| Tangible fixed assets | 22/27 | €49,481 | €35,635 | -€13,847 | -28.0% |
| Furniture and vehicles | 24 | €37,279 | €23,432 | -€13,847 | -37.1% |
| Other tangible fixed assets | 26 | €12,202 | €12,202 | = | 0.0% |
| Current assets | 29/58 | €120,269 | €153,776 | +€33,507 | +27.9% |
| Amounts receivable within one year | 40/41 | €40,401 | €97,373 | +€56,972 | +141% |
| Trade receivables | 40 | €33,053 | €75,140 | +€42,088 | +127% |
| Other amounts receivable | 41 | €7,348 | €22,233 | +€14,885 | +203% |
| Cash at bank and in hand | 54/58 | €78,100 | €53,855 | -€24,245 | -31.0% |
| Deferred charges and accrued income | 490/1 | €1,768 | €2,548 | +€780 | +44.1% |
| Total equity and liabilities | 10/49 | €169,750 | €189,411 | +€19,661 | +11.6% |
| Equity | 10/15 | €79,159 | €20,460 | -€58,699 | -74.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100% |
| Other | 1319 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €58,699 | €0 | -€58,699 | -100% |
| Amounts payable | 17/49 | €90,592 | €168,951 | +€78,359 | +86.5% |
| Amounts payable within one year | 42/48 | €90,592 | €168,951 | +€78,359 | +86.5% |
| Financial debts | 43 | €654 | €186 | -€468 | -71.6% |
| Credit institutions | 430/8 | - | €186 | +€186 | |
| Other loans | 439 | €654 | €0 | -€654 | -100% |
| Trade debts | 44 | €8,465 | €6,403 | -€2,062 | -24.4% |
| Suppliers | 440/4 | €8,465 | €6,403 | -€2,062 | -24.4% |
| Taxes, remuneration and social security | 45 | €6,336 | €21,064 | +€14,728 | +232% |
| Taxes | 450/3 | €6,336 | €21,064 | +€14,728 | +232% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €75,136 | €141,298 | +€66,162 | +88.1% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,375 | €13,847 | +€1,472 | +11.9% |
| Other operating charges | 640/8 | €2,568 | €2,328 | -€240 | -9.3% |
| Gross operating margin | 9900 | €83,432 | €118,557 | +€35,125 | +42.1% |
| Operating profit (loss) | 9901 | €68,490 | €102,383 | +€33,893 | +49.5% |
| Financial income | 75/76B | €272 | €461 | +€188 | +69.2% |
| Recurring financial income | 75 | €272 | €461 | +€188 | +69.2% |
| Financial charges | 65/66B | €439 | €834 | +€395 | +89.9% |
| Recurring financial charges | 65 | €439 | €834 | +€395 | +89.9% |
| Profit (loss) for the period before taxes | 9903 | €68,323 | €102,010 | +€33,687 | +49.3% |
| Income taxes | 67/77 | €16,883 | €25,698 | +€8,815 | +52.2% |
| Profit (loss) for the period | 9904 | €51,440 | €76,312 | +€24,872 | +48.4% |
| Profit (loss) for the period to be appropriated | 9905 | €51,440 | €76,312 | +€24,872 | +48.4% |
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 13 October 2026 via checked.be.