LODEQUI: 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.
LODEQUI
Largest movements
- Cash +€45,217
up €45,217 (+70.8%), from €63,860 to €109,077
mainly Net result for the year (+€34,364) and Depreciation (+€8,835)
- Receivables within one year -€7,269
down €7,269 (-47.7%), from €15,255 to €7,986
of which Other amounts receivable: -€7,269
- Tangible fixed assets -€1,770
down €1,770 (-3.5%), from €49,950 to €48,181
of which Furniture and vehicles: -€7,550
- Reserves +€34,364
up €34,364 (+137%), from €25,001 to €59,365
- Debts after one year -€9,748
down €9,748 (-26.0%), from €37,542 to €27,794
- Tax, wage and social debts +€6,119
up €6,119 (+295%), from €2,073 to €8,193
- Other debts +€1,946
up €1,946 (+4.6%), from €42,621 to €44,567
- Accrued charges and deferred income +€1,906
up €1,906 (+161%), from €1,182 to €3,088
- Gross operating margin +€24,650
up €24,650 (+69.3%), from €35,591 to €60,241
- Taxes +€6,407
up €6,407 (+118%), from €5,423 to €11,831
- Depreciation +€5,964
up €5,964 (+208%), from €2,871 to €8,835
- Financial charges +€2,779
up €2,779 (+144%), from €1,933 to €4,713
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.
Derived cash bridge
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 | €137,425 | €172,114 | +€34,689 | +25.2% |
| Fixed assets | 21/28 | €51,950 | €50,181 | -€1,770 | -3.4% |
| Tangible fixed assets | 22/27 | €49,950 | €48,181 | -€1,770 | -3.5% |
| Plant, machinery and equipment | 23 | - | €5,780 | +€5,780 | |
| Furniture and vehicles | 24 | €49,950 | €42,401 | -€7,550 | -15.1% |
| Financial fixed assets | 28 | €2,000 | €2,000 | = | 0.0% |
| Current assets | 29/58 | €85,474 | €121,933 | +€36,459 | +42.7% |
| Amounts receivable within one year | 40/41 | €15,255 | €7,986 | -€7,269 | -47.7% |
| Trade receivables | 40 | €7,986 | €7,986 | = | 0.0% |
| Other amounts receivable | 41 | €7,269 | - | -€7,269 | |
| Cash at bank and in hand | 54/58 | €63,860 | €109,077 | +€45,217 | +70.8% |
| Deferred charges and accrued income | 490/1 | €6,359 | €4,870 | -€1,489 | -23.4% |
| Total equity and liabilities | 10/49 | €137,425 | €172,114 | +€34,689 | +25.2% |
| Equity | 10/15 | €43,601 | €77,965 | +€34,364 | +78.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €25,001 | €59,365 | +€34,364 | +137% |
| Distributable reserves | 133 | €25,001 | €59,365 | +€34,364 | +137% |
| Amounts payable | 17/49 | €93,823 | €94,148 | +€325 | +0.3% |
| Amounts payable after more than one year | 17 | €37,542 | €27,794 | -€9,748 | -26.0% |
| Financial debts | 170/4 | €37,542 | €27,794 | -€9,748 | -26.0% |
| Amounts payable within one year | 42/48 | €55,099 | €63,266 | +€8,167 | +14.8% |
| Current portion of amounts payable after more than one year | 42 | €9,400 | €9,748 | +€348 | +3.7% |
| Trade debts | 44 | €1,005 | €758 | -€247 | -24.5% |
| Suppliers | 440/4 | €1,005 | €758 | -€247 | -24.5% |
| Taxes, remuneration and social security | 45 | €2,073 | €8,193 | +€6,119 | +295% |
| Taxes | 450/3 | €2,073 | €8,193 | +€6,119 | +295% |
| Other amounts payable | 47/48 | €42,621 | €44,567 | +€1,946 | +4.6% |
| Accrued charges and deferred income | 492/3 | €1,182 | €3,088 | +€1,906 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,871 | €8,835 | +€5,964 | +208% |
| Other operating charges | 640/8 | €537 | €711 | +€174 | +32.5% |
| Gross operating margin | 9900 | €35,591 | €60,241 | +€24,650 | +69.3% |
| Operating profit (loss) | 9901 | €32,184 | €50,695 | +€18,511 | +57.5% |
| Financial income | 75/76B | - | €212 | +€212 | |
| Recurring financial income | 75 | - | €212 | +€212 | |
| Financial charges | 65/66B | €1,933 | €4,713 | +€2,779 | +144% |
| Recurring financial charges | 65 | €1,933 | €4,713 | +€2,779 | +144% |
| Profit (loss) for the period before taxes | 9903 | €30,250 | €46,194 | +€15,944 | +52.7% |
| Income taxes | 67/77 | €5,423 | €11,831 | +€6,407 | +118% |
| Profit (loss) for the period | 9904 | €24,827 | €34,364 | +€9,537 | +38.4% |
| Profit (loss) for the period to be appropriated | 9905 | €24,827 | €34,364 | +€9,537 | +38.4% |
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 30 October 2026 via checked.be.