LOCHTEN D.D.: 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.
What changed
LOCHTEN D.D.
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€119,037
2024 · €104,830+€14,207
Equity
€3.4m
2024 · €3.4m+€19,037
Cash
€135,420
2024 · €76,593+€58,827
Balance sheet total
€3.6m
2024 · €3.5m+€19,711
Largest movements
Assets
- Cash +€58,827
up €58,827 (+76.8%), from €76,593 to €135,420
mainly Net result for the year (+€119,037) and Depreciation (+€49,089)
- Tangible fixed assets -€42,868
down €42,868 (-23.0%), from €186,144 to €143,276
of which Furniture and vehicles: -€43,340
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Gross operating margin +€41,050
up €41,050 (+11.5%), from €356,808 to €397,859
- Staff costs +€16,985
up €16,985 (+5.6%), from €302,096 to €319,081
- Depreciation +€15,120
up €15,120 (+44.5%), from €33,969 to €49,089
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.
Result 2024
€104,830
Gross operating margin
+€41,050
Staff costs
-€16,985
Depreciation
-€15,120
Other operating charges
+€748
Other operating items
+€6,593
Financial income
-€384
Financial charges
-€175
Taxes
-€1,520
Result 2025
€119,037
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€191,721
Investment
-€6,222
Financing
-€126,672
Cash 2024
€76,593
From operations (derived)
+€191,721
Net result for the year
+€119,037
Depreciation
+€49,089
Receivables within one year
-€1,744
Deferred charges and accrued income
-€2,008
Trade debts
+€16,917
Tax, wage and social debts
+€10,132
Smaller working-capital items
+€298
Investment (derived)
-€6,222
Investment in fixed assets (net)
-€6,222
Financing
-€126,672
Debts after one year
-€27,707
Current portion of long-term debt
+€1,035
Contributions, distributions and other
-€100,000
Cash 2025
€135,420
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,540,966 | €3,560,677 | +€19,711 | +0.6% |
| Fixed assets | 21/28 | €3,127,850 | €3,084,982 | -€42,868 | -1.4% |
| Tangible fixed assets | 22/27 | €186,144 | €143,276 | -€42,868 | -23.0% |
| Plant, machinery and equipment | 23 | €11,376 | €11,848 | +€472 | +4.1% |
| Furniture and vehicles | 24 | €174,768 | €131,428 | -€43,340 | -24.8% |
| Financial fixed assets | 28 | €2,941,706 | €2,941,706 | = | 0.0% |
| Current assets | 29/58 | €413,116 | €475,695 | +€62,579 | +15.1% |
| Amounts receivable within one year | 40/41 | €17,131 | €18,876 | +€1,744 | +10.2% |
| Trade receivables | 40 | €4,006 | €11,862 | +€7,855 | +196% |
| Other amounts receivable | 41 | €13,125 | €7,014 | -€6,111 | -46.6% |
| Current investments | 50/53 | €315,700 | €315,700 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €76,593 | €135,420 | +€58,827 | +76.8% |
| Deferred charges and accrued income | 490/1 | €3,691 | €5,699 | +€2,008 | +54.4% |
| Total equity and liabilities | 10/49 | €3,540,966 | €3,560,677 | +€19,711 | +0.6% |
| Equity | 10/15 | €3,403,586 | €3,422,623 | +€19,037 | +0.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €321,900 | €321,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €321,900 | €321,900 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Own shares acquired | 1312 | €315,700 | €315,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,019,686 | €3,038,723 | +€19,037 | +0.6% |
| Amounts payable | 17/49 | €137,380 | €138,054 | +€675 | +0.5% |
| Amounts payable after more than one year | 17 | €65,380 | €37,673 | -€27,707 | -42.4% |
| Financial debts | 170/4 | €65,380 | €37,673 | -€27,707 | -42.4% |
| Amounts payable within one year | 42/48 | €72,000 | €100,349 | +€28,349 | +39.4% |
| Current portion of amounts payable after more than one year | 42 | €22,675 | €23,709 | +€1,035 | +4.6% |
| Trade debts | 44 | €11,236 | €28,153 | +€16,917 | +151% |
| Suppliers | 440/4 | €11,236 | €28,153 | +€16,917 | +151% |
| Taxes, remuneration and social security | 45 | €37,199 | €47,331 | +€10,132 | +27.2% |
| Taxes | 450/3 | €2,249 | €11,144 | +€8,895 | +396% |
| Remuneration and social security | 454/9 | €34,950 | €36,187 | +€1,237 | +3.5% |
| Other amounts payable | 47/48 | €891 | €1,156 | +€265 | +29.7% |
| Accrued charges and deferred income | 492/3 | - | €33 | +€33 | |
| Non-recurring operating income | 76A | €14,661 | €994 | -€13,667 | -93.2% |
| Remuneration, social security and pensions | 62 | €302,096 | €319,081 | +€16,985 | +5.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,969 | €49,089 | +€15,120 | +44.5% |
| Other operating charges | 640/8 | €1,876 | €1,128 | -€748 | -39.9% |
| Non-recurring operating charges | 66A | €6,593 | - | -€6,593 | |
| Gross operating margin | 9900 | €356,808 | €397,859 | +€41,050 | +11.5% |
| Operating profit (loss) | 9901 | €12,274 | €28,560 | +€16,286 | +133% |
| Financial income | 75/76B | €100,937 | €100,553 | -€384 | -0.4% |
| Recurring financial income | 75 | €100,937 | €100,553 | -€384 | -0.4% |
| Financial charges | 65/66B | €2,726 | €2,900 | +€175 | +6.4% |
| Recurring financial charges | 65 | €2,726 | €2,900 | +€175 | +6.4% |
| Profit (loss) for the period before taxes | 9903 | €110,486 | €126,213 | +€15,727 | +14.2% |
| Income taxes | 67/77 | €5,656 | €7,176 | +€1,520 | +26.9% |
| Profit (loss) for the period | 9904 | €104,830 | €119,037 | +€14,207 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | €104,830 | €119,037 | +€14,207 | +13.6% |
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 27 October 2026 via checked.be.