LODESTONE: 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.
LODESTONE
Largest movements
- Receivables within one year -€40,628
down €40,628 (-63.1%), from €64,391 to €23,763
of which Other amounts receivable: -€53,087
- Cash +€40,292
up €40,292 (+47.7%), from €84,504 to €124,795
mainly Net result for the year (+€70,656) and Receivables within one year (+€40,628)
- Tangible fixed assets +€12,073
up €12,073 (+461.9%), from €2,614 to €14,686
of which Furniture and vehicles: +€11,592
- Reserves -€18,317
down €18,317 (-12.9%), from €142,336 to €124,019
of which Distributable reserves: -€18,317
- Trade debts +€15,487
up €15,487 (+2669.9%), from €580 to €16,067
- Tax, wage and social debts +€14,280
up €14,280 (+1361.0%), from €1,049 to €15,329
- Other debts +€1,743
new in 2025: €1,743
- Gross operating margin +€95,154
up €95,154 (+1999.3%), from €4,759 to €99,914
- Taxes +€26,109
up €26,109 (+1716.4%), from €1,521 to €27,630
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 | €152,365 | €164,658 | +€12,293 | +8.1% |
| Fixed assets | 21/28 | €2,614 | €14,686 | +€12,073 | +461.9% |
| Tangible fixed assets | 22/27 | €2,614 | €14,686 | +€12,073 | +461.9% |
| Plant, machinery and equipment | 23 | €2,614 | €3,095 | +€481 | +18.4% |
| Furniture and vehicles | 24 | - | €11,592 | +€11,592 | |
| Current assets | 29/58 | €149,752 | €149,972 | +€220 | +0.1% |
| Amounts receivable within one year | 40/41 | €64,391 | €23,763 | -€40,628 | -63.1% |
| Trade receivables | 40 | €6,488 | €18,946 | +€12,458 | +192.0% |
| Other amounts receivable | 41 | €57,904 | €4,817 | -€53,087 | -91.7% |
| Cash at bank and in hand | 54/58 | €84,504 | €124,795 | +€40,292 | +47.7% |
| Deferred charges and accrued income | 490/1 | €857 | €1,414 | +€557 | +65.0% |
| Total equity and liabilities | 10/49 | €152,365 | €164,658 | +€12,293 | +8.1% |
| Equity | 10/15 | €148,836 | €130,519 | -€18,317 | -12.3% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Capital | 10 | €6,500 | €6,500 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Uncalled capital | 101 | €13,500 | €13,500 | = | 0.0% |
| Reserves | 13 | €142,336 | €124,019 | -€18,317 | -12.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €140,336 | €122,019 | -€18,317 | -13.1% |
| Amounts payable | 17/49 | €3,529 | €34,139 | +€30,610 | +867.3% |
| Amounts payable within one year | 42/48 | €1,629 | €33,139 | +€31,510 | +1934.0% |
| Trade debts | 44 | €580 | €16,067 | +€15,487 | +2669.9% |
| Suppliers | 440/4 | €580 | €16,067 | +€15,487 | +2669.9% |
| Taxes, remuneration and social security | 45 | €1,049 | €15,329 | +€14,280 | +1361.0% |
| Taxes | 450/3 | €1,049 | €15,329 | +€14,280 | +1361.0% |
| Other amounts payable | 47/48 | - | €1,743 | +€1,743 | |
| Accrued charges and deferred income | 492/3 | €1,900 | €1,000 | -€900 | -47.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,134 | €1,335 | +€201 | +17.7% |
| Other operating charges | 640/8 | €374 | €377 | +€3 | +0.9% |
| Gross operating margin | 9900 | €4,759 | €99,914 | +€95,154 | +1999.3% |
| Operating profit (loss) | 9901 | €3,252 | €98,202 | +€94,950 | +2919.8% |
| Financial income | 75/76B | €186 | €224 | +€39 | +20.8% |
| Recurring financial income | 75 | €186 | €224 | +€39 | +20.8% |
| Financial charges | 65/66B | - | €140 | +€140 | |
| Recurring financial charges | 65 | - | €140 | +€140 | |
| Profit (loss) for the period before taxes | 9903 | €3,438 | €98,286 | +€94,849 | +2759.2% |
| Income taxes | 67/77 | €1,521 | €27,630 | +€26,109 | +1716.4% |
| Profit (loss) for the period | 9904 | €1,916 | €70,656 | +€68,740 | +3587.0% |
| Profit (loss) for the period to be appropriated | 9905 | €1,916 | €70,656 | +€68,740 | +3587.0% |
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 30 September 2026 via checked.be.