LOBKE CONSULTING: 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.
LOBKE CONSULTING
Largest movements
- Receivables after one year -€126,700
down €126,700 (-100%), from €126,700 to €0
- Cash -€37,325
down €37,325 (-78.2%), from €47,732 to €10,406
mainly Contributions, distributions and other (-€150,600) and Debts after one year (-€78,106)
- Tangible fixed assets +€20,273
up €20,273, from €0 to €20,273
of which Furniture and vehicles: +€20,273
- Deferred charges and accrued income +€10,305
up €10,305 (+157%), from €6,547 to €16,852
- Receivables within one year -€4,124
down €4,124 (-27.4%), from €15,033 to €10,909
of which Other amounts receivable: -€4,124
- Debts after one year -€78,106
down €78,106 (-85.3%), from €91,546 to €13,440
- Reserves -€60,968
down €60,968 (-27.2%), from €224,103 to €163,135
- Tax, wage and social debts -€7,333
down €7,333 (-43.5%), from €16,866 to €9,533
- Other debts +€6,000
up €6,000 (+3,598%), from €167 to €6,167
- Current portion of long-term debt +€5,130
up €5,130 (+197%), from €2,599 to €7,729
- Gross operating margin -€67,194
down €67,194 (-34.9%), from €192,443 to €125,248
- Taxes -€14,572
down €14,572 (-31.4%), from €46,381 to €31,810
- Financial charges -€6,309
down €6,309 (-89.6%), from €7,038 to €729
- Financial income -€4,695
down €4,695 (-100%), from €4,695 to €0
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 | €346,012 | €208,441 | -€137,571 | -39.8% |
| Fixed assets | 21/28 | €150,000 | €170,273 | +€20,273 | +13.5% |
| Tangible fixed assets | 22/27 | €0 | €20,273 | +€20,273 | |
| Furniture and vehicles | 24 | - | €20,273 | +€20,273 | |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €150,000 | €150,000 | = | 0.0% |
| Current assets | 29/58 | €196,012 | €38,167 | -€157,844 | -80.5% |
| Amounts receivable after more than one year | 29 | €126,700 | €0 | -€126,700 | -100% |
| Other amounts receivable | 291 | €126,700 | €0 | -€126,700 | -100% |
| Amounts receivable within one year | 40/41 | €15,033 | €10,909 | -€4,124 | -27.4% |
| Trade receivables | 40 | €10,890 | €10,890 | = | 0.0% |
| Other amounts receivable | 41 | €4,143 | €19 | -€4,124 | -99.5% |
| Cash at bank and in hand | 54/58 | €47,732 | €10,406 | -€37,325 | -78.2% |
| Deferred charges and accrued income | 490/1 | €6,547 | €16,852 | +€10,305 | +157% |
| Total equity and liabilities | 10/49 | €346,012 | €208,441 | -€137,571 | -39.8% |
| Equity | 10/15 | €229,103 | €168,135 | -€60,968 | -26.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €224,103 | €163,135 | -€60,968 | -27.2% |
| Distributable reserves | 133 | €224,103 | €163,135 | -€60,968 | -27.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €116,909 | €40,305 | -€76,604 | -65.5% |
| Amounts payable after more than one year | 17 | €91,546 | €13,440 | -€78,106 | -85.3% |
| Financial debts | 170/4 | €91,546 | €13,440 | -€78,106 | -85.3% |
| Amounts payable within one year | 42/48 | €20,432 | €26,865 | +€6,434 | +31.5% |
| Current portion of amounts payable after more than one year | 42 | €2,599 | €7,729 | +€5,130 | +197% |
| Trade debts | 44 | €800 | €3,436 | +€2,636 | +329% |
| Suppliers | 440/4 | €800 | €3,436 | +€2,636 | +329% |
| Taxes, remuneration and social security | 45 | €16,866 | €9,533 | -€7,333 | -43.5% |
| Taxes | 450/3 | €16,866 | €9,533 | -€7,333 | -43.5% |
| Other amounts payable | 47/48 | €167 | €6,167 | +€6,000 | +3,598% |
| Accrued charges and deferred income | 492/3 | €4,932 | €0 | -€4,932 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €1,217 | +€1,217 | |
| Other operating charges | 640/8 | €868 | €1,861 | +€993 | +114% |
| Non-recurring operating charges | 66A | €8,529 | €0 | -€8,529 | -100% |
| Gross operating margin | 9900 | €192,443 | €125,248 | -€67,194 | -34.9% |
| Operating profit (loss) | 9901 | €183,046 | €122,171 | -€60,875 | -33.3% |
| Financial income | 75/76B | €4,695 | €0 | -€4,695 | -100% |
| Recurring financial income | 75 | €4,695 | €0 | -€4,695 | -100% |
| Financial charges | 65/66B | €7,038 | €729 | -€6,309 | -89.6% |
| Recurring financial charges | 65 | €7,038 | €729 | -€6,309 | -89.6% |
| Profit (loss) for the period before taxes | 9903 | €180,703 | €121,442 | -€59,261 | -32.8% |
| Income taxes | 67/77 | €46,381 | €31,810 | -€14,572 | -31.4% |
| Profit (loss) for the period | 9904 | €134,321 | €89,632 | -€44,689 | -33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €134,321 | €89,632 | -€44,689 | -33.3% |
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 29 October 2026 via checked.be.