LoBoFisc: 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.
LoBoFisc
Largest movements
- Receivables after one year -€100,000
down €100,000 (-100.0%), from €100,000 to €0
- Current investments +€100,000
up €100,000, from €0 to €100,000
- Cash -€62,718
down €62,718 (-67.9%), from €92,417 to €29,699
mainly Contributions, distributions and other (-€233,849) and Current investments (-€100,000)
- Receivables within one year +€30,415
up €30,415 (+29.8%), from €102,080 to €132,495
of which Trade receivables: +€31,495
- Tangible fixed assets -€19,939
down €19,939 (-42.4%), from €47,001 to €27,061
of which Furniture and vehicles: -€15,460
- Reserves -€114,004
down €114,004 (-66.9%), from €170,502 to €56,498
- Other debts +€83,895
up €83,895 (+76.4%), from €109,784 to €193,679
- Current portion of long-term debt -€21,490
down €21,490 (-74.1%), from €28,983 to €7,493
- Debts after one year -€7,493
down €7,493 (-100.0%), from €7,493 to €0
- Tax, wage and social debts +€5,697
up €5,697 (+22.0%), from €25,859 to €31,556
of which Taxes: +€4,037
- Gross operating margin +€11,516
up €11,516 (+6.7%), from €171,307 to €182,823
- Financial income -€2,664
down €2,664 (-58.9%), from €4,523 to €1,859
- Taxes +€2,173
up €2,173 (+5.3%), from €41,254 to €43,427
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 | €343,432 | €290,958 | -€52,474 | -15.3% |
| Fixed assets | 21/28 | €47,001 | €27,061 | -€19,939 | -42.4% |
| Tangible fixed assets | 22/27 | €47,001 | €27,061 | -€19,939 | -42.4% |
| Furniture and vehicles | 24 | €30,829 | €15,369 | -€15,460 | -50.1% |
| Other tangible fixed assets | 26 | €16,172 | €11,693 | -€4,479 | -27.7% |
| Current assets | 29/58 | €296,432 | €263,897 | -€32,535 | -11.0% |
| Amounts receivable after more than one year | 29 | €100,000 | €0 | -€100,000 | -100.0% |
| Other amounts receivable | 291 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €102,080 | €132,495 | +€30,415 | +29.8% |
| Trade receivables | 40 | €101,000 | €132,495 | +€31,495 | +31.2% |
| Other amounts receivable | 41 | €1,080 | €0 | -€1,080 | -100.0% |
| Current investments | 50/53 | €0 | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €92,417 | €29,699 | -€62,718 | -67.9% |
| Deferred charges and accrued income | 490/1 | €1,935 | €1,703 | -€232 | -12.0% |
| Total equity and liabilities | 10/49 | €343,432 | €290,958 | -€52,474 | -15.3% |
| Equity | 10/15 | €171,052 | €57,048 | -€114,004 | -66.6% |
| Contributions | 10/11 | €550 | €550 | = | 0.0% |
| Reserves | 13 | €170,502 | €56,498 | -€114,004 | -66.9% |
| Distributable reserves | 133 | €170,502 | €56,498 | -€114,004 | -66.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €172,380 | €233,910 | +€61,530 | +35.7% |
| Amounts payable after more than one year | 17 | €7,493 | €0 | -€7,493 | -100.0% |
| Financial debts | 170/4 | €7,493 | €0 | -€7,493 | -100.0% |
| Amounts payable within one year | 42/48 | €164,887 | €233,910 | +€69,023 | +41.9% |
| Current portion of amounts payable after more than one year | 42 | €28,983 | €7,493 | -€21,490 | -74.1% |
| Trade debts | 44 | €262 | €1,182 | +€921 | +351.7% |
| Suppliers | 440/4 | €262 | €1,182 | +€921 | +351.7% |
| Taxes, remuneration and social security | 45 | €25,859 | €31,556 | +€5,697 | +22.0% |
| Taxes | 450/3 | €25,040 | €29,077 | +€4,037 | +16.1% |
| Remuneration and social security | 454/9 | €819 | €2,479 | +€1,659 | +202.6% |
| Other amounts payable | 47/48 | €109,784 | €193,679 | +€83,895 | +76.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,536 | €19,939 | +€1,403 | +7.6% |
| Other operating charges | 640/8 | €1,306 | €1,083 | -€223 | -17.1% |
| Gross operating margin | 9900 | €171,307 | €182,823 | +€11,516 | +6.7% |
| Operating profit (loss) | 9901 | €151,464 | €161,801 | +€10,336 | +6.8% |
| Financial income | 75/76B | €4,523 | €1,859 | -€2,664 | -58.9% |
| Recurring financial income | 75 | €4,523 | €1,859 | -€2,664 | -58.9% |
| Financial charges | 65/66B | €729 | €388 | -€341 | -46.8% |
| Recurring financial charges | 65 | €729 | €388 | -€341 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €155,258 | €163,272 | +€8,013 | +5.2% |
| Income taxes | 67/77 | €41,254 | €43,427 | +€2,173 | +5.3% |
| Profit (loss) for the period | 9904 | €114,004 | €119,844 | +€5,840 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €114,004 | €119,844 | +€5,840 | +5.1% |
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 12 October 2026 via checked.be.