LODE HASPESLAGH: 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.
LODE HASPESLAGH
Largest movements
- Cash -€119,531
down €119,531 (-10.0%), from €1.2m to €1.1m
mainly Contributions, distributions and other (-€165,701) and Other debts (-€74,822)
- Receivables within one year -€95,156
down €95,156 (-16.1%), from €591,157 to €496,001
of which Trade receivables: -€133,088
- Deferred charges and accrued income +€28,907
up €28,907 (+370%), from €7,819 to €36,726
- Other debts -€74,822
down €74,822 (-31.9%), from €234,372 to €159,550
- Tax, wage and social debts -€61,847
down €61,847 (-52.5%), from €117,694 to €55,848
of which Taxes: -€53,659
- Reserves -€50,709
down €50,709 (-3.2%), from €1.6m to €1.5m
- Gross operating margin -€191,199
down €191,199 (-34.2%), from €558,513 to €367,314
- Financial income +€36,019
up €36,019 (+1,647%), from €2,187 to €38,207
- Taxes -€32,983
down €32,983 (-34.6%), from €95,304 to €62,321
- Financial charges +€10,356
up €10,356, from -€7,848 to €2,508
- Depreciation -€7,521
down €7,521 (-100%), from €7,521 to €0
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,385,849 | €2,203,417 | -€182,432 | -7.6% |
| Fixed assets | 21/28 | €44,800 | €44,800 | = | 0.0% |
| Tangible fixed assets | 22/27 | €44,800 | €44,800 | = | 0.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €44,800 | €44,800 | = | 0.0% |
| Current assets | 29/58 | €2,341,049 | €2,158,617 | -€182,432 | -7.8% |
| Amounts receivable within one year | 40/41 | €591,157 | €496,001 | -€95,156 | -16.1% |
| Trade receivables | 40 | €584,764 | €451,676 | -€133,088 | -22.8% |
| Other amounts receivable | 41 | €6,393 | €44,325 | +€37,932 | +593% |
| Current investments | 50/53 | €549,988 | €553,336 | +€3,348 | +0.6% |
| Cash at bank and in hand | 54/58 | €1,192,085 | €1,072,554 | -€119,531 | -10.0% |
| Deferred charges and accrued income | 490/1 | €7,819 | €36,726 | +€28,907 | +370% |
| Total equity and liabilities | 10/49 | €2,385,849 | €2,203,417 | -€182,432 | -7.6% |
| Equity | 10/15 | €1,605,581 | €1,542,473 | -€63,109 | -3.9% |
| Contributions | 10/11 | €12,400 | €0 | -€12,400 | -100% |
| Reserves | 13 | €1,593,181 | €1,542,473 | -€50,709 | -3.2% |
| Distributable reserves | 133 | €1,593,181 | €1,542,473 | -€50,709 | -3.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €780,268 | €660,945 | -€119,323 | -15.3% |
| Amounts payable within one year | 42/48 | €780,268 | €660,945 | -€119,323 | -15.3% |
| Financial debts | 43 | €33,829 | €33,333 | -€496 | -1.5% |
| Credit institutions | 430/8 | €33,829 | €33,333 | -€496 | -1.5% |
| Trade debts | 44 | €15,446 | €12,367 | -€3,079 | -19.9% |
| Suppliers | 440/4 | €15,446 | €12,367 | -€3,079 | -19.9% |
| Advances received on contracts in progress | 46 | €378,927 | €399,847 | +€20,920 | +5.5% |
| Taxes, remuneration and social security | 45 | €117,694 | €55,848 | -€61,847 | -52.5% |
| Taxes | 450/3 | €64,873 | €11,214 | -€53,659 | -82.7% |
| Remuneration and social security | 454/9 | €52,822 | €44,634 | -€8,188 | -15.5% |
| Other amounts payable | 47/48 | €234,372 | €159,550 | -€74,822 | -31.9% |
| Remuneration, social security and pensions | 62 | €239,972 | €236,580 | -€3,392 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,521 | €0 | -€7,521 | -100% |
| Other operating charges | 640/8 | €1,485 | €1,519 | +€34 | +2.3% |
| Gross operating margin | 9900 | €558,513 | €367,314 | -€191,199 | -34.2% |
| Operating profit (loss) | 9901 | €309,534 | €129,214 | -€180,320 | -58.3% |
| Financial income | 75/76B | €2,187 | €38,207 | +€36,019 | +1,647% |
| Recurring financial income | 75 | €2,187 | €38,207 | +€36,019 | +1,647% |
| Financial charges | 65/66B | -€7,848 | €2,508 | +€10,356 | |
| Recurring financial charges | 65 | -€7,848 | €2,508 | +€10,356 | |
| Profit (loss) for the period before taxes | 9903 | €319,570 | €164,913 | -€154,656 | -48.4% |
| Income taxes | 67/77 | €95,304 | €62,321 | -€32,983 | -34.6% |
| Profit (loss) for the period | 9904 | €224,265 | €102,592 | -€121,673 | -54.3% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €224,265 | €102,592 | -€121,673 | -54.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.