LODEWIJCKX: 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.
LODEWIJCKX
Largest movements
- Cash +€393,600
up €393,600 (+56.6%), from €695,386 to €1.1m
mainly Other debts (+€345,840) and Stocks and contracts (+€253,787)
- Stocks and contracts -€253,787
down €253,787 (-59.0%), from €430,165 to €176,377
- Receivables within one year -€50,500
down €50,500 (-11.9%), from €425,903 to €375,403
of which Trade receivables: -€53,681
- Tangible fixed assets -€22,810
down €22,810 (-64.6%), from €35,300 to €12,490
of which Furniture and vehicles: -€13,389
- Other debts +€345,840
up €345,840, from €0 to €345,840
- Reserves -€262,259
down €262,259 (-20.1%), from €1.3m to €1.0m
of which Distributable reserves: -€262,259
- Trade debts -€37,266
down €37,266 (-21.4%), from €173,740 to €136,474
- Tax, wage and social debts +€20,188
up €20,188 (+44.9%), from €44,949 to €65,138
of which Taxes: +€19,582
- Gross operating margin -€169,854
down €169,854 (-37.1%), from €457,235 to €287,381
- Depreciation -€50,951
down €50,951 (-69.1%), from €73,761 to €22,810
- Taxes -€41,511
down €41,511 (-51.6%), from €80,381 to €38,871
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 | €1,586,754 | €1,653,257 | +€66,503 | +4.2% |
| Fixed assets | 21/28 | €35,300 | €12,490 | -€22,810 | -64.6% |
| Tangible fixed assets | 22/27 | €35,300 | €12,490 | -€22,810 | -64.6% |
| Land and buildings | 22 | €16,529 | €11,057 | -€5,472 | -33.1% |
| Plant, machinery and equipment | 23 | €5,383 | €1,433 | -€3,949 | -73.4% |
| Furniture and vehicles | 24 | €13,389 | €0 | -€13,389 | -100% |
| Current assets | 29/58 | €1,551,453 | €1,640,766 | +€89,313 | +5.8% |
| Stocks and contracts in progress | 3 | €430,165 | €176,377 | -€253,787 | -59.0% |
| Stocks | 30/36 | €430,165 | €176,377 | -€253,787 | -59.0% |
| Amounts receivable within one year | 40/41 | €425,903 | €375,403 | -€50,500 | -11.9% |
| Trade receivables | 40 | €334,408 | €280,728 | -€53,681 | -16.1% |
| Other amounts receivable | 41 | €91,494 | €94,675 | +€3,181 | +3.5% |
| Cash at bank and in hand | 54/58 | €695,386 | €1,088,986 | +€393,600 | +56.6% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,586,754 | €1,653,257 | +€66,503 | +4.2% |
| Equity | 10/15 | €1,368,064 | €1,105,805 | -€262,259 | -19.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Contributions outside capital | 11 | €62,000 | €62,000 | = | 0.0% |
| Other | 1109/19 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,306,064 | €1,043,805 | -€262,259 | -20.1% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €31,750 | €31,750 | = | 0.0% |
| Distributable reserves | 133 | €1,268,114 | €1,005,855 | -€262,259 | -20.7% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €218,689 | €547,452 | +€328,763 | +150% |
| Amounts payable within one year | 42/48 | €218,689 | €547,452 | +€328,763 | +150% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €173,740 | €136,474 | -€37,266 | -21.4% |
| Suppliers | 440/4 | €173,740 | €136,474 | -€37,266 | -21.4% |
| Taxes, remuneration and social security | 45 | €44,949 | €65,138 | +€20,188 | +44.9% |
| Taxes | 450/3 | €37,157 | €56,739 | +€19,582 | +52.7% |
| Remuneration and social security | 454/9 | €7,792 | €8,398 | +€606 | +7.8% |
| Other amounts payable | 47/48 | €0 | €345,840 | +€345,840 | |
| Non-recurring operating income | 76A | €220,379 | €57,000 | -€163,379 | -74.1% |
| Remuneration, social security and pensions | 62 | €120,441 | €122,080 | +€1,638 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,761 | €22,810 | -€50,951 | -69.1% |
| Other operating charges | 640/8 | €14,812 | €17,954 | +€3,142 | +21.2% |
| Gross operating margin | 9900 | €457,235 | €287,381 | -€169,854 | -37.1% |
| Operating profit (loss) | 9901 | €248,221 | €124,538 | -€123,683 | -49.8% |
| Financial income | 75/76B | €2,189 | €96 | -€2,093 | -95.6% |
| Recurring financial income | 75 | €2,189 | €96 | -€2,093 | -95.6% |
| Financial charges | 65/66B | €938 | €2,183 | +€1,245 | +133% |
| Recurring financial charges | 65 | €938 | €2,183 | +€1,245 | +133% |
| Profit (loss) for the period before taxes | 9903 | €249,472 | €122,451 | -€127,021 | -50.9% |
| Income taxes | 67/77 | €80,381 | €38,871 | -€41,511 | -51.6% |
| Profit (loss) for the period | 9904 | €169,090 | €83,581 | -€85,510 | -50.6% |
| Profit (loss) for the period to be appropriated | 9905 | €169,090 | €83,581 | -€85,510 | -50.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.