LODESURGS: 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.
LODESURGS
Largest movements
- Cash +€32,239
up €32,239 (+129.9%), from €24,811 to €57,050
mainly Net result for the year (+€42,049) and Tax, wage and social debts (+€6,108)
- Deferred charges and accrued income +€16,340
up €16,340 (+712.1%), from €2,295 to €18,635
- Profit (loss) carried forward +€42,049
up €42,049 (+212.5%), from €19,784 to €61,833
- Tax, wage and social debts +€6,108
up €6,108 (+109.9%), from €5,559 to €11,667
- Trade debts +€1,295
up €1,295 (+1442.3%), from €90 to €1,385
- Gross operating margin +€29,249
up €29,249 (+112.8%), from €25,937 to €55,186
- Taxes +€6,108
up €6,108 (+109.9%), from €5,559 to €11,667
- Depreciation +€556
up €556 (+108.9%), from €510 to €1,066
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 | €30,904 | €79,873 | +€48,969 | +158.5% |
| Fixed assets | 21/28 | €3,799 | €4,188 | +€389 | +10.2% |
| Tangible fixed assets | 22/27 | €3,799 | €4,188 | +€389 | +10.2% |
| Furniture and vehicles | 24 | €3,799 | €4,188 | +€389 | +10.2% |
| Current assets | 29/58 | €27,105 | €75,685 | +€48,579 | +179.2% |
| Cash at bank and in hand | 54/58 | €24,811 | €57,050 | +€32,239 | +129.9% |
| Deferred charges and accrued income | 490/1 | €2,295 | €18,635 | +€16,340 | +712.1% |
| Total equity and liabilities | 10/49 | €30,904 | €79,873 | +€48,969 | +158.5% |
| Equity | 10/15 | €22,284 | €64,333 | +€42,049 | +188.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,784 | €61,833 | +€42,049 | +212.5% |
| Amounts payable | 17/49 | €8,620 | €15,540 | +€6,920 | +80.3% |
| Amounts payable within one year | 42/48 | €8,620 | €15,540 | +€6,920 | +80.3% |
| Trade debts | 44 | €90 | €1,385 | +€1,295 | +1442.3% |
| Suppliers | 440/4 | €90 | €1,385 | +€1,295 | +1442.3% |
| Taxes, remuneration and social security | 45 | €5,559 | €11,667 | +€6,108 | +109.9% |
| Taxes | 450/3 | €5,559 | €11,667 | +€6,108 | +109.9% |
| Other amounts payable | 47/48 | €2,972 | €2,488 | -€483 | -16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €510 | €1,066 | +€556 | +108.9% |
| Other operating charges | 640/8 | €50 | €263 | +€213 | +426.3% |
| Gross operating margin | 9900 | €25,937 | €55,186 | +€29,249 | +112.8% |
| Operating profit (loss) | 9901 | €25,377 | €53,857 | +€28,480 | +112.2% |
| Financial income | 75/76B | €6 | €0 | -€6 | -100.0% |
| Recurring financial income | 75 | €6 | €0 | -€6 | -100.0% |
| Financial charges | 65/66B | €40 | €141 | +€101 | +253.5% |
| Recurring financial charges | 65 | €40 | €141 | +€101 | +253.5% |
| Profit (loss) for the period before taxes | 9903 | €25,343 | €53,716 | +€28,373 | +112.0% |
| Income taxes | 67/77 | €5,559 | €11,667 | +€6,108 | +109.9% |
| Profit (loss) for the period | 9904 | €19,784 | €42,049 | +€22,265 | +112.5% |
| Profit (loss) for the period to be appropriated | 9905 | €19,784 | €42,049 | +€22,265 | +112.5% |
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 10 October 2026 via checked.be.