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LODAPE: 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.

What changed

LODAPE

BE 0432.002.168
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€11,728
2024 · €21,281-€9,552
Equity
€82,625
2024 · €90,896-€8,272
Cash
€75,259
2024 · €67,653+€7,606
Balance sheet total
€114,865
2024 · €102,979+€11,886

Largest movements

2024 to 2025
Assets
  • Cash +€7,606

    up €7,606 (+11.2%), from €67,653 to €75,259

    mainly Other debts (+€15,944) and Net result for the year (+€11,728)

  • Receivables within one year +€4,246

    new in 2025: €4,246

Equity and liabilities
  • Other debts +€15,944

    up €15,944 (+393.0%), from €4,056 to €20,000

  • Reserves -€8,272

    down €8,272 (-24.4%), from €33,881 to €25,609

  • Tax, wage and social debts +€4,269

    up €4,269 (+53.6%), from €7,971 to €12,240

Income statement
  • Gross operating margin -€13,294

    down €13,294 (-41.3%), from €32,214 to €18,920

  • Taxes -€3,702

    down €3,702 (-46.4%), from €7,971 to €4,269

From the 2024 result to the 2025 result

effect on the 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 €21,281
Gross operating margin -€13,294
Other operating charges -€96
Financial income +€64
Financial charges +€72
Taxes +€3,702
Result 2025 €11,728

Cash bridge derived

cash 2024 to 2025

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 +€27,606
Investment €0
Financing -€20,000
Cash 2024 €67,653
Net result for the year +€11,728
Receivables within one year -€4,246
Deferred charges and accrued income -€34
Trade debts -€55
Tax, wage and social debts +€4,269
Other debts +€15,944
Contributions, distributions and other -€20,000
Cash 2025 €75,259
Every line side by side 34 lines
Line Code 2024 2025 Change %
Total assets 20/58 €102,979 €114,865 +€11,886 +11.5%
Fixed assets 21/28 €33,798 €33,798 = 0.0%
Tangible fixed assets 22/27 €33,798 €33,798 = 0.0%
Land and buildings 22 €33,798 €33,798 = 0.0%
Current assets 29/58 €69,181 €81,067 +€11,886 +17.2%
Amounts receivable within one year 40/41 - €4,246 +€4,246
Other amounts receivable 41 - €4,246 +€4,246
Cash at bank and in hand 54/58 €67,653 €75,259 +€7,606 +11.2%
Deferred charges and accrued income 490/1 €1,528 €1,562 +€34 +2.2%
Total equity and liabilities 10/49 €102,979 €114,865 +€11,886 +11.5%
Equity 10/15 €90,896 €82,625 -€8,272 -9.1%
Contributions 10/11 €57,016 €57,016 = 0.0%
Outside capital 11 €57,016 €57,016 = 0.0%
Other 1109/19 €57,016 €57,016 = 0.0%
Reserves 13 €33,881 €25,609 -€8,272 -24.4%
Distributable reserves 133 €33,881 €25,609 -€8,272 -24.4%
Amounts payable 17/49 €12,083 €32,240 +€20,158 +166.8%
Amounts payable within one year 42/48 €12,083 €32,240 +€20,158 +166.8%
Trade debts 44 €55 - -€55
Suppliers 440/4 €55 - -€55
Taxes, remuneration and social security 45 €7,971 €12,240 +€4,269 +53.6%
Taxes 450/3 €7,971 €12,240 +€4,269 +53.6%
Other amounts payable 47/48 €4,056 €20,000 +€15,944 +393.0%
Other operating charges 640/8 €2,808 €2,905 +€96 +3.4%
Gross operating margin 9900 €32,214 €18,920 -€13,294 -41.3%
Operating profit (loss) 9901 €29,406 €16,016 -€13,390 -45.5%
Financial income 75/76B - €64 +€64
Recurring financial income 75 - €64 +€64
Financial charges 65/66B €154 €82 -€72 -46.9%
Recurring financial charges 65 €154 €82 -€72 -46.9%
Profit (loss) for the period before taxes 9903 €29,252 €15,998 -€13,254 -45.3%
Income taxes 67/77 €7,971 €4,269 -€3,702 -46.4%
Profit (loss) for the period 9904 €21,281 €11,728 -€9,552 -44.9%
Profit (loss) for the period to be appropriated 9905 €21,281 €11,728 -€9,552 -44.9%

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 28 September 2026 via checked.be.