Lodge & CO: what changed
Lodge & CO
Largest movements
- Current investments -€150,000
no longer reported in 2025 (was €150,000)
- Receivables within one year +€127,274
up €127,274 (+5,215%), from €2,441 to €129,714
of which Other amounts receivable: +€129,714
- Deferred charges and accrued income +€43,770
new in 2025: €43,770
- Cash -€19,151
down €19,151 (-37.9%), from €50,538 to €31,387
mainly Receivables within one year (-€127,274) and Net result for the year (-€49,295)
- Stocks and contracts -€16,586
no longer reported in 2025 (was €16,586)
- Trade debts +€54,587
up €54,587 (+189%), from €28,821 to €83,407
- Profit (loss) carried forward -€49,295
down €49,295 (-36.9%), from €133,769 to €84,473
- Tax, wage and social debts -€25,941
down €25,941 (-31.2%), from €83,239 to €57,298
of which Taxes: -€21,591
- Other debts -€2,741
down €2,741 (-37.2%), from €7,373 to €4,632
- Gross operating margin -€191,817
down €191,817 (-66.1%), from €290,256 to €98,439
- Staff costs -€42,569
down €42,569 (-26.1%), from €163,292 to €120,723
- Taxes -€27,840
no longer reported in 2025 (was €27,840)
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €257,574 | €233,811 | -€23,763 | -9.2% |
| Fixed assets | 21/28 | €38,009 | €28,939 | -€9,069 | -23.9% |
| Tangible fixed assets | 22/27 | €38,009 | €28,939 | -€9,069 | -23.9% |
| Plant, machinery and equipment | 23 | €1,683 | €1,205 | -€478 | -28.4% |
| Furniture and vehicles | 24 | €13,462 | €8,282 | -€5,180 | -38.5% |
| Other tangible fixed assets | 26 | €22,864 | €19,453 | -€3,411 | -14.9% |
| Current assets | 29/58 | €219,565 | €204,871 | -€14,693 | -6.7% |
| Stocks and contracts in progress | 3 | €16,586 | - | -€16,586 | |
| Stocks | 30/36 | €16,586 | - | -€16,586 | |
| Amounts receivable within one year | 40/41 | €2,441 | €129,714 | +€127,274 | +5,215% |
| Trade receivables | 40 | €2,441 | - | -€2,441 | |
| Other amounts receivable | 41 | - | €129,714 | +€129,714 | |
| Current investments | 50/53 | €150,000 | - | -€150,000 | |
| Cash at bank and in hand | 54/58 | €50,538 | €31,387 | -€19,151 | -37.9% |
| Deferred charges and accrued income | 490/1 | - | €43,770 | +€43,770 | |
| Total equity and liabilities | 10/49 | €257,574 | €233,811 | -€23,763 | -9.2% |
| Equity | 10/15 | €137,769 | €88,473 | -€49,295 | -35.8% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €133,769 | €84,473 | -€49,295 | -36.9% |
| Amounts payable | 17/49 | €119,805 | €145,337 | +€25,532 | +21.3% |
| Amounts payable within one year | 42/48 | €119,433 | €145,337 | +€25,904 | +21.7% |
| Trade debts | 44 | €28,821 | €83,407 | +€54,587 | +189% |
| Suppliers | 440/4 | €28,821 | €83,407 | +€54,587 | +189% |
| Taxes, remuneration and social security | 45 | €83,239 | €57,298 | -€25,941 | -31.2% |
| Taxes | 450/3 | €66,825 | €45,234 | -€21,591 | -32.3% |
| Remuneration and social security | 454/9 | €16,414 | €12,064 | -€4,350 | -26.5% |
| Other amounts payable | 47/48 | €7,373 | €4,632 | -€2,741 | -37.2% |
| Accrued charges and deferred income | 492/3 | €372 | - | -€372 | |
| Remuneration, social security and pensions | 62 | €163,292 | €120,723 | -€42,569 | -26.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,589 | €13,917 | -€673 | -4.6% |
| Other operating charges | 640/8 | €5,599 | €5,410 | -€188 | -3.4% |
| Gross operating margin | 9900 | €290,256 | €98,439 | -€191,817 | -66.1% |
| Operating profit (loss) | 9901 | €106,776 | -€41,611 | -€148,387 | |
| Financial income | 75/76B | €7 | €30 | +€23 | +358% |
| Recurring financial income | 75 | €7 | €30 | +€23 | +358% |
| Financial charges | 65/66B | €9,131 | €7,714 | -€1,417 | -15.5% |
| Recurring financial charges | 65 | €9,131 | €7,714 | -€1,417 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €97,651 | -€49,295 | -€146,947 | |
| Income taxes | 67/77 | €27,840 | - | -€27,840 | |
| Profit (loss) for the period | 9904 | €69,812 | -€49,295 | -€119,107 | |
| Profit (loss) for the period to be appropriated | 9905 | €69,812 | -€49,295 | -€119,107 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.