LOD Vastgoed: 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.
LOD Vastgoed
Largest movements
- Receivables within one year +€49,334
up €49,334 (+67.2%), from €73,386 to €122,720
of which Trade receivables: +€49,162
- Intangible fixed assets -€40,000
down €40,000 (-93.4%), from €42,849 to €2,849
- Tangible fixed assets -€19,571
down €19,571 (-16.0%), from €122,400 to €102,829
of which Land and buildings: -€10,910
- Reserves -€65,000
down €65,000 (-72.2%), from €90,000 to €25,000
- Other debts +€57,809
new in 2025: €57,809
- Debts after one year -€15,677
down €15,677 (-17.9%), from €87,716 to €72,039
- Tax, wage and social debts +€5,567
up €5,567 (+182%), from €3,064 to €8,631
of which Remuneration and social security: +€4,641
- Profit (loss) carried forward +€5,057
up €5,057 (+4.0%), from €126,229 to €131,286
- Other operating charges -€8,435
down €8,435 (-18.5%), from €45,518 to €37,083
- Depreciation +€5,614
up €5,614 (+9.0%), from €62,643 to €68,257
- Staff costs +€4,308
up €4,308 (+37.6%), from €11,466 to €15,774
- Gross operating margin +€1,625
up €1,625 (+1.3%), from €129,929 to €131,554
- Financial charges +€1,336
up €1,336 (+111%), from €1,200 to €2,536
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 | €400,663 | €386,539 | -€14,124 | -3.5% |
| Fixed assets | 21/28 | €165,250 | €105,679 | -€59,571 | -36.0% |
| Intangible fixed assets | 21 | €42,849 | €2,849 | -€40,000 | -93.4% |
| Tangible fixed assets | 22/27 | €122,400 | €102,829 | -€19,571 | -16.0% |
| Land and buildings | 22 | €61,010 | €50,100 | -€10,910 | -17.9% |
| Plant, machinery and equipment | 23 | €15,807 | €17,058 | +€1,251 | +7.9% |
| Furniture and vehicles | 24 | €45,584 | €35,672 | -€9,912 | -21.7% |
| Current assets | 29/58 | €235,414 | €280,861 | +€45,447 | +19.3% |
| Amounts receivable within one year | 40/41 | €73,386 | €122,720 | +€49,334 | +67.2% |
| Trade receivables | 40 | €68,675 | €117,837 | +€49,162 | +71.6% |
| Other amounts receivable | 41 | €4,711 | €4,883 | +€172 | +3.7% |
| Cash at bank and in hand | 54/58 | €162,028 | €158,141 | -€3,887 | -2.4% |
| Total equity and liabilities | 10/49 | €400,663 | €386,539 | -€14,124 | -3.5% |
| Equity | 10/15 | €277,729 | €217,786 | -€59,943 | -21.6% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €90,000 | €25,000 | -€65,000 | -72.2% |
| Distributable reserves | 133 | €90,000 | €25,000 | -€65,000 | -72.2% |
| Profit (loss) carried forward | 14 | €126,229 | €131,286 | +€5,057 | +4.0% |
| Amounts payable | 17/49 | €122,934 | €168,753 | +€45,819 | +37.3% |
| Amounts payable after more than one year | 17 | €87,716 | €72,039 | -€15,677 | -17.9% |
| Financial debts | 170/4 | €87,716 | €72,039 | -€15,677 | -17.9% |
| Amounts payable within one year | 42/48 | €35,218 | €96,714 | +€61,497 | +175% |
| Current portion of amounts payable after more than one year | 42 | €16,279 | €16,369 | +€90 | +0.6% |
| Trade debts | 44 | €15,451 | €13,482 | -€1,969 | -12.7% |
| Suppliers | 440/4 | €15,451 | €13,482 | -€1,969 | -12.7% |
| Advances received on contracts in progress | 46 | €424 | €424 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,064 | €8,631 | +€5,567 | +182% |
| Taxes | 450/3 | €1,967 | €2,893 | +€926 | +47.0% |
| Remuneration and social security | 454/9 | €1,097 | €5,738 | +€4,641 | +423% |
| Other amounts payable | 47/48 | - | €57,809 | +€57,809 | |
| Remuneration, social security and pensions | 62 | €11,466 | €15,774 | +€4,308 | +37.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,643 | €68,257 | +€5,614 | +9.0% |
| Other operating charges | 640/8 | €45,518 | €37,083 | -€8,435 | -18.5% |
| Gross operating margin | 9900 | €129,929 | €131,554 | +€1,625 | +1.3% |
| Operating profit (loss) | 9901 | €10,302 | €10,440 | +€138 | +1.3% |
| Financial income | 75/76B | €0 | €45 | +€45 | +451,600% |
| Recurring financial income | 75 | €0 | €45 | +€45 | +451,600% |
| Financial charges | 65/66B | €1,200 | €2,536 | +€1,336 | +111% |
| Recurring financial charges | 65 | €1,200 | €2,536 | +€1,336 | +111% |
| Profit (loss) for the period before taxes | 9903 | €9,102 | €7,949 | -€1,152 | -12.7% |
| Income taxes | 67/77 | €1,921 | €2,893 | +€972 | +50.6% |
| Profit (loss) for the period | 9904 | €7,181 | €5,057 | -€2,124 | -29.6% |
| Profit (loss) for the period to be appropriated | 9905 | €7,181 | €5,057 | -€2,124 | -29.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.