Lodewyckx Construct: what changed
What changed
Lodewyckx Construct
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€418
2024 · €4,098-€3,680
Equity
€29,963
2024 · €29,546+€418
Cash
€67
2024 · €2,009-€1,942
Balance sheet total
€153,208
2024 · €199,376-€46,168
Largest movements
Assets
- Tangible fixed assets -€53,848
down €53,848 (-35.9%), from €150,061 to €96,212
of which Furniture and vehicles: -€45,851
- Receivables within one year +€9,512
up €9,512 (+24.1%), from €39,408 to €48,920
of which Trade receivables: +€22,601
- Intangible fixed assets +€3,189
new in 2025: €3,189
Equity and liabilities
- Debts after one year -€36,780
down €36,780 (-48.1%), from €76,494 to €39,714
- Current portion of long-term debt -€7,350
down €7,350 (-16.7%), from €44,131 to €36,780
- Other debts -€3,478
no longer reported in 2025 (was €3,478)
- Trade debts +€3,026
up €3,026 (+10.5%), from €28,853 to €31,880
- Tax, wage and social debts -€2,004
down €2,004 (-11.9%), from €16,874 to €14,871
of which Remuneration and social security: -€2,285
Income statement
- Depreciation -€2,700
down €2,700 (-5.3%), from €50,538 to €47,839
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€4,098
Gross operating margin
+€1,026
Staff costs
-€1,874
Depreciation
+€2,700
Other operating charges
+€87
Other operating items
-€5,657
Financial income
+€1,054
Financial charges
-€411
Taxes
-€605
Result 2025
€418
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€38,018
Investment
+€4,170
Financing
-€44,131
Cash 2024
€2,009
From operations (derived)
+€38,018
Net result for the year
+€418
Depreciation
+€47,839
Receivables within one year
-€9,512
Deferred charges and accrued income
+€1,729
Trade debts
+€3,026
Tax, wage and social debts
-€2,004
Other debts
-€3,478
Investment (derived)
+€4,170
Investment in fixed assets (net)
+€4,170
Financing
-€44,131
Debts after one year
-€36,780
Current portion of long-term debt
-€7,350
Cash 2025
€67
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €199,376 | €153,208 | -€46,168 | -23.2% |
| Fixed assets | 21/28 | €151,946 | €99,937 | -€52,009 | -34.2% |
| Intangible fixed assets | 21 | - | €3,189 | +€3,189 | |
| Tangible fixed assets | 22/27 | €150,061 | €96,212 | -€53,848 | -35.9% |
| Plant, machinery and equipment | 23 | €38,605 | €30,608 | -€7,998 | -20.7% |
| Furniture and vehicles | 24 | €111,455 | €65,605 | -€45,851 | -41.1% |
| Financial fixed assets | 28 | €1,885 | €535 | -€1,350 | -71.6% |
| Current assets | 29/58 | €47,431 | €53,271 | +€5,841 | +12.3% |
| Amounts receivable within one year | 40/41 | €39,408 | €48,920 | +€9,512 | +24.1% |
| Trade receivables | 40 | €15,967 | €38,567 | +€22,601 | +142% |
| Other amounts receivable | 41 | €23,441 | €10,352 | -€13,089 | -55.8% |
| Cash at bank and in hand | 54/58 | €2,009 | €67 | -€1,942 | -96.7% |
| Deferred charges and accrued income | 490/1 | €6,014 | €4,284 | -€1,729 | -28.8% |
| Total equity and liabilities | 10/49 | €199,376 | €153,208 | -€46,168 | -23.2% |
| Equity | 10/15 | €29,546 | €29,963 | +€418 | +1.4% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €27,900 | €27,900 | = | 0.0% |
| Distributable reserves | 133 | €27,900 | €27,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | €646 | €1,063 | +€418 | +64.7% |
| Amounts payable | 17/49 | €169,831 | €123,245 | -€46,586 | -27.4% |
| Amounts payable after more than one year | 17 | €76,494 | €39,714 | -€36,780 | -48.1% |
| Financial debts | 170/4 | €76,494 | €39,714 | -€36,780 | -48.1% |
| Amounts payable within one year | 42/48 | €93,337 | €83,531 | -€9,806 | -10.5% |
| Current portion of amounts payable after more than one year | 42 | €44,131 | €36,780 | -€7,350 | -16.7% |
| Trade debts | 44 | €28,853 | €31,880 | +€3,026 | +10.5% |
| Suppliers | 440/4 | €28,853 | €31,880 | +€3,026 | +10.5% |
| Taxes, remuneration and social security | 45 | €16,874 | €14,871 | -€2,004 | -11.9% |
| Taxes | 450/3 | €3,108 | €3,389 | +€281 | +9.0% |
| Remuneration and social security | 454/9 | €13,766 | €11,481 | -€2,285 | -16.6% |
| Other amounts payable | 47/48 | €3,478 | - | -€3,478 | |
| Non-recurring operating income | 76A | - | €6,385 | +€6,385 | |
| Remuneration, social security and pensions | 62 | €143,072 | €144,946 | +€1,874 | +1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,538 | €47,839 | -€2,700 | -5.3% |
| Other operating charges | 640/8 | €1,746 | €1,659 | -€87 | -5.0% |
| Non-recurring operating charges | 66A | - | €5,657 | +€5,657 | |
| Gross operating margin | 9900 | €203,524 | €204,550 | +€1,026 | +0.5% |
| Operating profit (loss) | 9901 | €8,167 | €4,449 | -€3,718 | -45.5% |
| Financial income | 75/76B | €67 | €1,121 | +€1,054 | +1,580% |
| Recurring financial income | 75 | €67 | €1,121 | +€1,054 | +1,580% |
| Financial charges | 65/66B | €3,636 | €4,047 | +€411 | +11.3% |
| Recurring financial charges | 65 | €3,636 | €4,047 | +€411 | +11.3% |
| Profit (loss) for the period before taxes | 9903 | €4,598 | €1,523 | -€3,075 | -66.9% |
| Income taxes | 67/77 | €500 | €1,105 | +€605 | +121% |
| Profit (loss) for the period | 9904 | €4,098 | €418 | -€3,680 | -89.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,098 | €418 | -€3,680 | -89.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.