LODDER: 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.
LODDER
Largest movements
- Receivables within one year +€28,191
up €28,191 (+2028.6%), from €1,390 to €29,581
of which Trade receivables: +€24,934
- Cash +€9,294
up €9,294 (+126.1%), from €7,369 to €16,663
mainly Trade debts (+€25,667) and Stocks and contracts (+€6,825)
- Stocks and contracts -€6,825
down €6,825 (-34.1%), from €20,000 to €13,175
- Tangible fixed assets +€1,987
new in 2025: €1,987
- Deferred charges and accrued income -€852
down €852 (-50.0%), from €1,705 to €852
- Trade debts +€25,667
up €25,667 (+166.7%), from €15,396 to €41,063
- Reserves +€6,635
up €6,635 (+18467.4%), from €36 to €6,671
- Debts after one year +€3,500
new in 2025: €3,500
- Tax, wage and social debts -€2,111
down €2,111 (-23.6%), from €8,935 to €6,824
- Other debts -€1,897
down €1,897 (-100.0%), from €1,897 to €0
- Gross operating margin +€5,517
up €5,517 (+55.2%), from €9,996 to €15,513
- Taxes +€1,912
up €1,912 (+252.7%), from €757 to €2,668
- Other operating charges +€1,874
up €1,874 (+121.6%), from €1,541 to €3,415
- Financial charges -€727
down €727 (-19.9%), from €3,647 to €2,920
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 | €32,264 | €64,058 | +€31,794 | +98.5% |
| Fixed assets | 21/28 | €1,800 | €3,787 | +€1,987 | +110.4% |
| Tangible fixed assets | 22/27 | - | €1,987 | +€1,987 | |
| Furniture and vehicles | 24 | - | €1,987 | +€1,987 | |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €30,464 | €60,271 | +€29,808 | +97.8% |
| Stocks and contracts in progress | 3 | €20,000 | €13,175 | -€6,825 | -34.1% |
| Contracts in progress | 37 | €20,000 | €13,175 | -€6,825 | -34.1% |
| Amounts receivable within one year | 40/41 | €1,390 | €29,581 | +€28,191 | +2028.6% |
| Trade receivables | 40 | €1,390 | €26,323 | +€24,934 | +1794.2% |
| Other amounts receivable | 41 | - | €3,257 | +€3,257 | |
| Cash at bank and in hand | 54/58 | €7,369 | €16,663 | +€9,294 | +126.1% |
| Deferred charges and accrued income | 490/1 | €1,705 | €852 | -€852 | -50.0% |
| Total equity and liabilities | 10/49 | €32,264 | €64,058 | +€31,794 | +98.5% |
| Equity | 10/15 | €6,036 | €12,671 | +€6,635 | +109.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €36 | €6,671 | +€6,635 | +18467.4% |
| Distributable reserves | 133 | €36 | €6,671 | +€6,635 | +18467.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €26,228 | €51,387 | +€25,159 | +95.9% |
| Amounts payable after more than one year | 17 | - | €3,500 | +€3,500 | |
| Other amounts payable | 178/9 | - | €3,500 | +€3,500 | |
| Amounts payable within one year | 42/48 | €26,228 | €47,887 | +€21,659 | +82.6% |
| Trade debts | 44 | €15,396 | €41,063 | +€25,667 | +166.7% |
| Suppliers | 440/4 | €15,396 | €41,063 | +€25,667 | +166.7% |
| Taxes, remuneration and social security | 45 | €8,935 | €6,824 | -€2,111 | -23.6% |
| Taxes | 450/3 | €8,935 | €6,824 | -€2,111 | -23.6% |
| Other amounts payable | 47/48 | €1,897 | €0 | -€1,897 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €13 | +€13 | |
| Other operating charges | 640/8 | €1,541 | €3,415 | +€1,874 | +121.6% |
| Gross operating margin | 9900 | €9,996 | €15,513 | +€5,517 | +55.2% |
| Operating profit (loss) | 9901 | €8,455 | €12,085 | +€3,629 | +42.9% |
| Financial income | 75/76B | - | €139 | +€139 | |
| Recurring financial income | 75 | - | €139 | +€139 | |
| Financial charges | 65/66B | €3,647 | €2,920 | -€727 | -19.9% |
| Recurring financial charges | 65 | €3,647 | €2,920 | -€727 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €4,808 | €9,304 | +€4,495 | +93.5% |
| Income taxes | 67/77 | €757 | €2,668 | +€1,912 | +252.7% |
| Profit (loss) for the period | 9904 | €4,052 | €6,635 | +€2,583 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,052 | €6,635 | +€2,583 | +63.8% |
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 9 October 2026 via checked.be.