Lodelect: 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.
Lodelect
Largest movements
- Receivables within one year +€34,480
up €34,480 (+239.1%), from €14,421 to €48,900
of which Trade receivables: +€27,576
- Stocks and contracts -€32,492
down €32,492 (-58.3%), from €55,770 to €23,279
- Cash +€25,824
up €25,824 (+94.5%), from €27,321 to €53,145
mainly Net result for the year (+€37,100) and Stocks and contracts (+€32,492)
- Reserves +€17,100
up €17,100 (+32.5%), from €52,599 to €69,699
of which Distributable reserves: +€17,100
- Trade debts +€11,268
up €11,268 (+42.8%), from €26,307 to €37,575
- Other debts +€4,098
up €4,098 (+25.8%), from €15,902 to €20,000
- Tax, wage and social debts -€3,286
down €3,286 (-39.8%), from €8,265 to €4,979
- Gross operating margin +€66,822
up €66,822 (+358.3%), from €18,649 to €85,470
- Staff costs +€5,911
up €5,911 (+14.4%), from €41,018 to €46,929
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 | €98,996 | €127,574 | +€28,579 | +28.9% |
| Fixed assets | 21/28 | €530 | €174 | -€357 | -67.3% |
| Tangible fixed assets | 22/27 | €357 | - | -€357 | |
| Leasing and similar rights | 25 | €357 | - | -€357 | |
| Financial fixed assets | 28 | €174 | €174 | = | 0.0% |
| Current assets | 29/58 | €98,465 | €127,401 | +€28,935 | +29.4% |
| Stocks and contracts in progress | 3 | €55,770 | €23,279 | -€32,492 | -58.3% |
| Stocks | 30/36 | €55,770 | €23,279 | -€32,492 | -58.3% |
| Amounts receivable within one year | 40/41 | €14,421 | €48,900 | +€34,480 | +239.1% |
| Trade receivables | 40 | €9,323 | €36,899 | +€27,576 | +295.8% |
| Other amounts receivable | 41 | €5,097 | €12,001 | +€6,904 | +135.4% |
| Cash at bank and in hand | 54/58 | €27,321 | €53,145 | +€25,824 | +94.5% |
| Deferred charges and accrued income | 490/1 | €953 | €2,076 | +€1,123 | +117.8% |
| Total equity and liabilities | 10/49 | €98,996 | €127,574 | +€28,579 | +28.9% |
| Equity | 10/15 | €47,921 | €65,021 | +€17,100 | +35.7% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €52,599 | €69,699 | +€17,100 | +32.5% |
| Tax-exempt reserves | 132 | €16,396 | €16,396 | = | 0.0% |
| Distributable reserves | 133 | €36,203 | €53,303 | +€17,100 | +47.2% |
| Profit (loss) carried forward | 14 | -€35,664 | -€35,664 | = | 0.0% |
| Amounts payable | 17/49 | €51,074 | €62,554 | +€11,479 | +22.5% |
| Amounts payable within one year | 42/48 | €50,474 | €62,554 | +€12,079 | +23.9% |
| Trade debts | 44 | €26,307 | €37,575 | +€11,268 | +42.8% |
| Suppliers | 440/4 | €26,307 | €37,575 | +€11,268 | +42.8% |
| Taxes, remuneration and social security | 45 | €8,265 | €4,979 | -€3,286 | -39.8% |
| Remuneration and social security | 454/9 | €8,265 | €4,979 | -€3,286 | -39.8% |
| Other amounts payable | 47/48 | €15,902 | €20,000 | +€4,098 | +25.8% |
| Accrued charges and deferred income | 492/3 | €600 | - | -€600 | |
| Remuneration, social security and pensions | 62 | €41,018 | €46,929 | +€5,911 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,001 | €357 | -€644 | -64.4% |
| Other operating charges | 640/8 | €600 | €1,091 | +€491 | +81.8% |
| Gross operating margin | 9900 | €18,649 | €85,470 | +€66,822 | +358.3% |
| Operating profit (loss) | 9901 | -€23,970 | €37,094 | +€61,064 | |
| Financial income | 75/76B | €0 | €51 | +€51 | +507400.0% |
| Recurring financial income | 75 | €0 | €51 | +€51 | +507400.0% |
| Financial charges | 65/66B | €68 | €45 | -€23 | -33.5% |
| Recurring financial charges | 65 | €68 | €45 | -€23 | -33.5% |
| Profit (loss) for the period before taxes | 9903 | -€24,038 | €37,100 | +€61,137 | |
| Profit (loss) for the period | 9904 | -€24,038 | €37,100 | +€61,137 | |
| Profit (loss) for the period to be appropriated | 9905 | -€24,038 | €37,100 | +€61,137 |
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 29 September 2026 via checked.be.