LOHEZO: 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.
LOHEZO
Largest movements
- Deferred charges and accrued income +€83,594
up €83,594 (+20.7%), from €403,330 to €486,925
- Tangible fixed assets -€8,123
down €8,123 (-22.7%), from €35,731 to €27,608
of which Plant, machinery and equipment: -€8,427
- Other debts +€72,461
up €72,461 (+22.3%), from €324,541 to €397,002
- Trade debts +€40,749
up €40,749 (+124.8%), from €32,660 to €73,408
- Accrued charges and deferred income -€30,674
down €30,674 (-69.6%), from €44,057 to €13,384
- Debts after one year -€7,971
down €7,971 (-27.7%), from €28,802 to €20,831
- Gross operating margin -€3,825
down €3,825 (-27.0%), from €14,145 to €10,320
- Other operating charges -€2,125
down €2,125 (-82.2%), from €2,587 to €462
- Depreciation -€1,455
down €1,455 (-14.1%), from €10,331 to €8,876
- Financial charges -€245
down €245 (-19.9%), from €1,227 to €982
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 | €443,748 | €520,512 | +€76,763 | +17.3% |
| Fixed assets | 21/28 | €35,731 | €27,608 | -€8,123 | -22.7% |
| Tangible fixed assets | 22/27 | €35,731 | €27,608 | -€8,123 | -22.7% |
| Plant, machinery and equipment | 23 | €35,072 | €26,644 | -€8,427 | -24.0% |
| Furniture and vehicles | 24 | €659 | €964 | +€304 | +46.2% |
| Current assets | 29/58 | €408,017 | €492,904 | +€84,886 | +20.8% |
| Cash at bank and in hand | 54/58 | €4,687 | €5,979 | +€1,292 | +27.6% |
| Deferred charges and accrued income | 490/1 | €403,330 | €486,925 | +€83,594 | +20.7% |
| Total equity and liabilities | 10/49 | €443,748 | €520,512 | +€76,763 | +17.3% |
| Equity | 10/15 | €5,596 | €7,361 | +€1,765 | +31.5% |
| Contributions | 10/11 | €6,000 | €8,000 | +€2,000 | +33.3% |
| Profit (loss) carried forward | 14 | -€404 | -€639 | -€235 | -58.2% |
| Amounts payable | 17/49 | €438,152 | €513,150 | +€74,998 | +17.1% |
| Amounts payable after more than one year | 17 | €28,802 | €20,831 | -€7,971 | -27.7% |
| Financial debts | 170/4 | €28,802 | €20,831 | -€7,971 | -27.7% |
| Amounts payable within one year | 42/48 | €365,292 | €478,936 | +€113,643 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | €7,772 | €7,971 | +€199 | +2.6% |
| Trade debts | 44 | €32,660 | €73,408 | +€40,749 | +124.8% |
| Suppliers | 440/4 | €32,660 | €73,408 | +€40,749 | +124.8% |
| Taxes, remuneration and social security | 45 | €319 | €554 | +€235 | +73.5% |
| Taxes | 450/3 | €319 | €554 | +€235 | +73.5% |
| Other amounts payable | 47/48 | €324,541 | €397,002 | +€72,461 | +22.3% |
| Accrued charges and deferred income | 492/3 | €44,057 | €13,384 | -€30,674 | -69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,331 | €8,876 | -€1,455 | -14.1% |
| Other operating charges | 640/8 | €2,587 | €462 | -€2,125 | -82.2% |
| Gross operating margin | 9900 | €14,145 | €10,320 | -€3,825 | -27.0% |
| Operating profit (loss) | 9901 | €1,227 | €982 | -€245 | -19.9% |
| Financial charges | 65/66B | €1,227 | €982 | -€245 | -19.9% |
| Recurring financial charges | 65 | €1,227 | €982 | -€245 | -19.9% |
| Income taxes | 67/77 | €319 | €235 | -€85 | -26.5% |
| Profit (loss) for the period | 9904 | -€319 | -€235 | +€85 | +26.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€319 | -€235 | +€85 | +26.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.