Lobradoc: what changed
Two fiscal 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.
Lobradoc
Largest movements
- Receivables after one year +€150,000
new in 2025: €150,000
- Cash +€49,052
up €49,052 (+27.3%), from €179,983 to €229,036
mainly Net result for the year (+€166,660) and Tax, wage and social debts (+€47,425)
- Tangible fixed assets +€11,583
up €11,583 (+285.5%), from €4,057 to €15,640
of which Other tangible fixed assets: +€13,201
- Reserves +€166,660
up €166,660 (+125.3%), from €133,032 to €299,692
- Tax, wage and social debts +€47,425
up €47,425 (+114.6%), from €41,400 to €88,826
- Gross operating margin +€54,086
up €54,086 (+32.7%), from €165,364 to €219,450
- Taxes +€14,354
up €14,354 (+40.0%), from €35,886 to €50,240
- Financial income +€3,750
new in 2025: €3,750
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 | €187,463 | €402,053 | +€214,590 | +114.5% |
| Fixed assets | 21/28 | €4,057 | €15,640 | +€11,583 | +285.5% |
| Tangible fixed assets | 22/27 | €4,057 | €15,640 | +€11,583 | +285.5% |
| Furniture and vehicles | 24 | €4,057 | €2,438 | -€1,619 | -39.9% |
| Other tangible fixed assets | 26 | - | €13,201 | +€13,201 | |
| Current assets | 29/58 | €183,406 | €386,414 | +€203,007 | +110.7% |
| Amounts receivable after more than one year | 29 | - | €150,000 | +€150,000 | |
| Other amounts receivable | 291 | - | €150,000 | +€150,000 | |
| Amounts receivable within one year | 40/41 | - | €1,328 | +€1,328 | |
| Trade receivables | 40 | - | €348 | +€348 | |
| Other amounts receivable | 41 | - | €980 | +€980 | |
| Cash at bank and in hand | 54/58 | €179,983 | €229,036 | +€49,052 | +27.3% |
| Deferred charges and accrued income | 490/1 | €3,423 | €6,050 | +€2,627 | +76.7% |
| Total equity and liabilities | 10/49 | €187,463 | €402,053 | +€214,590 | +114.5% |
| Equity | 10/15 | €133,033 | €299,693 | +€166,660 | +125.3% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €133,032 | €299,692 | +€166,660 | +125.3% |
| Distributable reserves | 133 | €133,032 | €299,692 | +€166,660 | +125.3% |
| Amounts payable | 17/49 | €54,431 | €102,361 | +€47,930 | +88.1% |
| Amounts payable within one year | 42/48 | €53,755 | €101,621 | +€47,866 | +89.0% |
| Trade debts | 44 | €2,275 | €600 | -€1,675 | -73.6% |
| Suppliers | 440/4 | €2,275 | €600 | -€1,675 | -73.6% |
| Taxes, remuneration and social security | 45 | €41,400 | €88,826 | +€47,425 | +114.6% |
| Taxes | 450/3 | €41,400 | €88,826 | +€47,425 | +114.6% |
| Other amounts payable | 47/48 | €10,080 | €12,196 | +€2,116 | +21.0% |
| Accrued charges and deferred income | 492/3 | €675 | €739 | +€64 | +9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €799 | €2,376 | +€1,577 | +197.4% |
| Other operating charges | 640/8 | €0 | €831 | +€831 | |
| Gross operating margin | 9900 | €165,364 | €219,450 | +€54,086 | +32.7% |
| Operating profit (loss) | 9901 | €164,565 | €216,243 | +€51,678 | +31.4% |
| Financial income | 75/76B | - | €3,750 | +€3,750 | |
| Recurring financial income | 75 | - | €3,750 | +€3,750 | |
| Financial charges | 65/66B | €3,815 | €3,093 | -€722 | -18.9% |
| Recurring financial charges | 65 | €3,815 | €3,093 | -€722 | -18.9% |
| Profit (loss) for the period before taxes | 9903 | €160,749 | €216,899 | +€56,150 | +34.9% |
| Income taxes | 67/77 | €35,886 | €50,240 | +€14,354 | +40.0% |
| Profit (loss) for the period | 9904 | €124,863 | €166,660 | +€41,796 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €124,863 | €166,660 | +€41,796 | +33.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.