LODECOM: 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.
LODECOM
Largest movements
- Deferred charges and accrued income +€21,177
up €21,177 (+1612.6%), from €1,313 to €22,490
- Receivables within one year +€16,244
up €16,244 (+38.3%), from €42,388 to €58,632
of which Trade receivables: +€17,624
- Cash +€4,530
up €4,530 (+2.0%), from €228,119 to €232,649
mainly Short-term financial debts (+€24,490) and Trade debts (+€12,515)
- Short-term financial debts +€24,490
new in 2025: €24,490
- Trade debts +€12,515
up €12,515 (+9.2%), from €136,437 to €148,952
- Gross operating margin +€9,961
up €9,961 (+2.5%), from €400,981 to €410,941
- Staff costs +€7,072
up €7,072 (+1.8%), from €397,321 to €404,393
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 | €392,063 | €433,852 | +€41,790 | +10.7% |
| Fixed assets | 21/28 | €4,024 | €4,024 | = | 0.0% |
| Financial fixed assets | 28 | €4,024 | €4,024 | = | 0.0% |
| Current assets | 29/58 | €388,039 | €429,828 | +€41,790 | +10.8% |
| Stocks and contracts in progress | 3 | €116,218 | €116,058 | -€160 | -0.1% |
| Stocks | 30/36 | €116,218 | €116,058 | -€160 | -0.1% |
| Amounts receivable within one year | 40/41 | €42,388 | €58,632 | +€16,244 | +38.3% |
| Trade receivables | 40 | €12,812 | €30,436 | +€17,624 | +137.6% |
| Other amounts receivable | 41 | €29,576 | €28,196 | -€1,379 | -4.7% |
| Cash at bank and in hand | 54/58 | €228,119 | €232,649 | +€4,530 | +2.0% |
| Deferred charges and accrued income | 490/1 | €1,313 | €22,490 | +€21,177 | +1612.6% |
| Total equity and liabilities | 10/49 | €392,063 | €433,852 | +€41,790 | +10.7% |
| Equity | 10/15 | €175,424 | €178,096 | +€2,673 | +1.5% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €29,130 | €29,130 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,270 | €27,270 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,693 | €136,366 | +€2,673 | +2.0% |
| Provisions and deferred taxes | 16 | €34,657 | €34,657 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €34,657 | €34,657 | = | 0.0% |
| Pensions and similar obligations | 160 | €34,657 | €34,657 | = | 0.0% |
| Amounts payable | 17/49 | €181,981 | €221,099 | +€39,117 | +21.5% |
| Amounts payable within one year | 42/48 | €181,981 | €221,099 | +€39,117 | +21.5% |
| Financial debts | 43 | - | €24,490 | +€24,490 | |
| Credit institutions | 430/8 | - | €24,490 | +€24,490 | |
| Trade debts | 44 | €136,437 | €148,952 | +€12,515 | +9.2% |
| Suppliers | 440/4 | €136,437 | €148,952 | +€12,515 | +9.2% |
| Taxes, remuneration and social security | 45 | €45,545 | €47,657 | +€2,112 | +4.6% |
| Taxes | 450/3 | €455 | €1,337 | +€882 | +194.1% |
| Remuneration and social security | 454/9 | €45,090 | €46,320 | +€1,230 | +2.7% |
| Remuneration, social security and pensions | 62 | €397,321 | €404,393 | +€7,072 | +1.8% |
| Other operating charges | 640/8 | €651 | €669 | +€18 | +2.8% |
| Gross operating margin | 9900 | €400,981 | €410,941 | +€9,961 | +2.5% |
| Operating profit (loss) | 9901 | €3,009 | €5,879 | +€2,870 | +95.4% |
| Financial income | 75/76B | €337 | €1,125 | +€788 | +233.6% |
| Recurring financial income | 75 | €337 | €1,125 | +€788 | +233.6% |
| Financial charges | 65/66B | €1,649 | €3,231 | +€1,582 | +95.9% |
| Recurring financial charges | 65 | €1,649 | €3,231 | +€1,582 | +95.9% |
| Profit (loss) for the period before taxes | 9903 | €1,697 | €3,773 | +€2,076 | +122.4% |
| Income taxes | 67/77 | -€1,555 | €1,100 | +€2,655 | |
| Profit (loss) for the period | 9904 | €3,251 | €2,673 | -€579 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,251 | €2,673 | -€579 | -17.8% |
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 2 October 2026 via checked.be.