LOFIBEL: 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.
LOFIBEL
Largest movements
- Financial fixed assets -€65,173
down €65,173 (-29.3%), from €222,423 to €157,250
- Receivables within one year +€55,028
up €55,028 (+39.6%), from €138,794 to €193,822
of which Other amounts receivable: +€91,173
- Deferred charges and accrued income +€43,460
up €43,460 (+57.3%), from €75,833 to €119,293
- Profit (loss) carried forward +€83,295
up €83,295 (+276%), from €30,200 to €113,495
- Debts after one year -€32,250
down €32,250 (-23.5%), from €137,500 to €105,250
- Gross operating margin -€79,470
down €79,470, from €75,970 to -€3,500
- Financial charges -€72,927
down €72,927 (-93.4%), from €78,061 to €5,134
- Financial income +€39,352
up €39,352 (+55.4%), from €71,072 to €110,424
- Taxes -€33,618
down €33,618 (-65.4%), from €51,393 to €17,775
- Other operating charges -€11,354
down €11,354 (-94.0%), from €12,075 to €721
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 | €2,773,555 | €2,824,359 | +€50,804 | +1.8% |
| Fixed assets | 21/28 | €222,423 | €157,250 | -€65,173 | -29.3% |
| Financial fixed assets | 28 | €222,423 | €157,250 | -€65,173 | -29.3% |
| Current assets | 29/58 | €2,551,132 | €2,667,109 | +€115,977 | +4.5% |
| Amounts receivable after more than one year | 29 | €2,334,250 | €2,334,250 | = | 0.0% |
| Other amounts receivable | 291 | €2,334,250 | €2,334,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €138,794 | €193,822 | +€55,028 | +39.6% |
| Trade receivables | 40 | €61,029 | €24,883 | -€36,146 | -59.2% |
| Other amounts receivable | 41 | €77,766 | €168,939 | +€91,173 | +117% |
| Cash at bank and in hand | 54/58 | €2,255 | €19,744 | +€17,489 | +776% |
| Deferred charges and accrued income | 490/1 | €75,833 | €119,293 | +€43,460 | +57.3% |
| Total equity and liabilities | 10/49 | €2,773,555 | €2,824,359 | +€50,804 | +1.8% |
| Equity | 10/15 | €2,231,530 | €2,314,825 | +€83,295 | +3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €2,195,130 | €2,195,130 | = | 0.0% |
| Tax-exempt reserves | 132 | €24,637 | €24,637 | = | 0.0% |
| Distributable reserves | 133 | €2,170,493 | €2,170,493 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,200 | €113,495 | +€83,295 | +276% |
| Provisions and deferred taxes | 16 | €43,836 | €43,836 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €43,836 | €43,836 | = | 0.0% |
| Pensions and similar obligations | 160 | €43,836 | €43,836 | = | 0.0% |
| Amounts payable | 17/49 | €498,189 | €465,698 | -€32,491 | -6.5% |
| Amounts payable after more than one year | 17 | €137,500 | €105,250 | -€32,250 | -23.5% |
| Financial debts | 170/4 | €137,500 | €105,250 | -€32,250 | -23.5% |
| Amounts payable within one year | 42/48 | €344,882 | €339,961 | -€4,921 | -1.4% |
| Financial debts | 43 | €281,565 | €281,565 | = | 0.0% |
| Credit institutions | 430/8 | €281,565 | €281,565 | = | 0.0% |
| Trade debts | 44 | €20,803 | €22,314 | +€1,511 | +7.3% |
| Suppliers | 440/4 | €20,803 | €22,314 | +€1,511 | +7.3% |
| Taxes, remuneration and social security | 45 | €34,737 | €28,755 | -€5,982 | -17.2% |
| Taxes | 450/3 | €34,737 | €28,755 | -€5,982 | -17.2% |
| Other amounts payable | 47/48 | €7,778 | €7,328 | -€450 | -5.8% |
| Accrued charges and deferred income | 492/3 | €15,807 | €20,487 | +€4,680 | +29.6% |
| Non-recurring operating income | 76A | €8,500 | - | -€8,500 | |
| Other operating charges | 640/8 | €12,075 | €721 | -€11,354 | -94.0% |
| Non-recurring operating charges | 66A | €24,772 | - | -€24,772 | |
| Gross operating margin | 9900 | €75,970 | -€3,500 | -€79,470 | |
| Operating profit (loss) | 9901 | €39,123 | -€4,220 | -€43,344 | |
| Financial income | 75/76B | €71,072 | €110,424 | +€39,352 | +55.4% |
| Recurring financial income | 75 | €71,072 | €110,424 | +€39,352 | +55.4% |
| Financial charges | 65/66B | €78,061 | €5,134 | -€72,927 | -93.4% |
| Recurring financial charges | 65 | €78,061 | €5,134 | -€72,927 | -93.4% |
| Profit (loss) for the period before taxes | 9903 | €32,135 | €101,070 | +€68,935 | +215% |
| Income taxes | 67/77 | €51,393 | €17,775 | -€33,618 | -65.4% |
| Profit (loss) for the period | 9904 | -€19,259 | €83,295 | +€102,554 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,259 | €83,295 | +€102,554 |
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 25 October 2026 via checked.be.