LODRO: 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.
LODRO
Largest movements
- Tangible fixed assets -€4,948
down €4,948 (-54.3%), from €9,104 to €4,156
of which Furniture and vehicles: -€4,750
- Receivables within one year +€2,480
up €2,480 (+146.6%), from €1,692 to €4,171
of which Trade receivables: +€2,469
- Cash +€1,539
up €1,539 (+43.2%), from €3,563 to €5,102
mainly Depreciation (+€4,948) and Trade debts (+€3,399)
- Profit (loss) carried forward -€5,934
down €5,934 (-7.5%), from -€79,637 to -€85,570
- Trade debts +€3,399
up €3,399 (+21.8%), from €15,576 to €18,975
- Advances received +€2,132
up €2,132 (+151.1%), from €1,412 to €3,544
- Short-term financial debts -€587
no longer reported in 2025 (was €587)
- Gross operating margin -€3,482
down €3,482 (-19.9%), from €17,483 to €14,000
- Financial charges +€3,185
up €3,185 (+144.0%), from €2,212 to €5,397
- Depreciation -€2,033
down €2,033 (-29.1%), from €6,981 to €4,948
- Other operating charges +€183
up €183 (+1.9%), from €9,428 to €9,611
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 | €20,299 | €19,412 | -€887 | -4.4% |
| Fixed assets | 21/28 | €11,604 | €6,656 | -€4,948 | -42.6% |
| Tangible fixed assets | 22/27 | €9,104 | €4,156 | -€4,948 | -54.3% |
| Furniture and vehicles | 24 | €8,708 | €3,958 | -€4,750 | -54.5% |
| Other tangible fixed assets | 26 | €396 | €198 | -€198 | -50.0% |
| Financial fixed assets | 28 | €2,500 | €2,500 | = | 0.0% |
| Current assets | 29/58 | €8,695 | €12,755 | +€4,061 | +46.7% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €1,692 | €4,171 | +€2,480 | +146.6% |
| Trade receivables | 40 | €1,329 | €3,797 | +€2,469 | +185.8% |
| Other amounts receivable | 41 | €363 | €374 | +€11 | +3.0% |
| Cash at bank and in hand | 54/58 | €3,563 | €5,102 | +€1,539 | +43.2% |
| Deferred charges and accrued income | 490/1 | €440 | €482 | +€42 | +9.5% |
| Total equity and liabilities | 10/49 | €20,299 | €19,412 | -€887 | -4.4% |
| Equity | 10/15 | -€73,437 | -€79,370 | -€5,934 | -8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,637 | -€85,570 | -€5,934 | -7.5% |
| Amounts payable | 17/49 | €93,735 | €98,782 | +€5,046 | +5.4% |
| Amounts payable after more than one year | 17 | €76,023 | €76,023 | = | 0.0% |
| Other amounts payable | 178/9 | €76,023 | €76,023 | = | 0.0% |
| Amounts payable within one year | 42/48 | €17,712 | €22,758 | +€5,046 | +28.5% |
| Financial debts | 43 | €587 | - | -€587 | |
| Credit institutions | 430/8 | €587 | - | -€587 | |
| Trade debts | 44 | €15,576 | €18,975 | +€3,399 | +21.8% |
| Suppliers | 440/4 | €15,576 | €18,975 | +€3,399 | +21.8% |
| Advances received on contracts in progress | 46 | €1,412 | €3,544 | +€2,132 | +151.1% |
| Taxes, remuneration and social security | 45 | €137 | €239 | +€102 | +74.0% |
| Taxes | 450/3 | €137 | €239 | +€102 | +74.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,981 | €4,948 | -€2,033 | -29.1% |
| Other operating charges | 640/8 | €9,428 | €9,611 | +€183 | +1.9% |
| Gross operating margin | 9900 | €17,483 | €14,000 | -€3,482 | -19.9% |
| Operating profit (loss) | 9901 | €1,073 | -€558 | -€1,632 | |
| Financial income | 75/76B | €2 | €22 | +€19 | +795.4% |
| Recurring financial income | 75 | €2 | €22 | +€19 | +795.4% |
| Financial charges | 65/66B | €2,212 | €5,397 | +€3,185 | +144.0% |
| Recurring financial charges | 65 | €2,212 | €5,397 | +€3,185 | +144.0% |
| Profit (loss) for the period before taxes | 9903 | -€1,136 | -€5,934 | -€4,797 | -422.1% |
| Profit (loss) for the period | 9904 | -€1,136 | -€5,934 | -€4,797 | -422.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,136 | -€5,934 | -€4,797 | -422.1% |
Source: filed annual accounts (NBB), fiscal 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 September 2026 via checked.be.