LOLEMI: 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.
LOLEMI
Largest movements
- Tangible fixed assets -€20,613
down €20,613 (-30.5%), from €67,488 to €46,875
of which Furniture and vehicles: -€12,073
- Receivables within one year -€7,338
down €7,338 (-7.9%), from €93,013 to €85,675
of which Other amounts receivable: -€6,965
- Cash -€2,046
down €2,046 (-80.6%), from €2,539 to €493
mainly Contributions, distributions and other (-€13,694) and Debts after one year (-€10,790)
- Debts after one year -€10,790
down €10,790 (-30.0%), from €36,025 to €25,235
- Current portion of long-term debt -€9,750
down €9,750 (-47.5%), from €20,540 to €10,790
- Reserves -€3,438
down €3,438 (-3.9%), from €87,779 to €84,341
- Tax, wage and social debts -€3,167
down €3,167 (-46.5%), from €6,814 to €3,647
- Short-term financial debts -€2,591
down €2,591 (-32.4%), from €8,005 to €5,414
- Depreciation +€8,937
up €8,937 (+76.5%), from €11,676 to €20,613
- Gross operating margin -€5,271
down €5,271 (-12.1%), from €43,557 to €38,286
- Taxes -€3,882
down €3,882 (-48.8%), from €7,962 to €4,080
- Financial charges +€1,266
up €1,266 (+84.5%), from €1,497 to €2,763
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 | €168,234 | €138,140 | -€30,094 | -17.9% |
| Fixed assets | 21/28 | €67,488 | €46,875 | -€20,613 | -30.5% |
| Tangible fixed assets | 22/27 | €67,488 | €46,875 | -€20,613 | -30.5% |
| Plant, machinery and equipment | 23 | €11,762 | €3,222 | -€8,540 | -72.6% |
| Furniture and vehicles | 24 | €55,726 | €43,654 | -€12,073 | -21.7% |
| Current assets | 29/58 | €100,745 | €91,265 | -€9,481 | -9.4% |
| Stocks and contracts in progress | 3 | €3,815 | €3,660 | -€156 | -4.1% |
| Stocks | 30/36 | €3,815 | €3,660 | -€156 | -4.1% |
| Amounts receivable within one year | 40/41 | €93,013 | €85,675 | -€7,338 | -7.9% |
| Trade receivables | 40 | €450 | €77 | -€374 | -83.0% |
| Other amounts receivable | 41 | €92,563 | €85,599 | -€6,965 | -7.5% |
| Cash at bank and in hand | 54/58 | €2,539 | €493 | -€2,046 | -80.6% |
| Deferred charges and accrued income | 490/1 | €1,378 | €1,437 | +€59 | +4.3% |
| Total equity and liabilities | 10/49 | €168,234 | €138,140 | -€30,094 | -17.9% |
| Equity | 10/15 | €93,979 | €90,541 | -€3,438 | -3.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €87,779 | €84,341 | -€3,438 | -3.9% |
| Distributable reserves | 133 | €87,779 | €84,341 | -€3,438 | -3.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €74,255 | €47,599 | -€26,655 | -35.9% |
| Amounts payable after more than one year | 17 | €36,025 | €25,235 | -€10,790 | -30.0% |
| Financial debts | 170/4 | €36,025 | €25,235 | -€10,790 | -30.0% |
| Amounts payable within one year | 42/48 | €38,096 | €22,185 | -€15,911 | -41.8% |
| Current portion of amounts payable after more than one year | 42 | €20,540 | €10,790 | -€9,750 | -47.5% |
| Financial debts | 43 | €8,005 | €5,414 | -€2,591 | -32.4% |
| Credit institutions | 430/8 | €8,005 | €5,414 | -€2,591 | -32.4% |
| Trade debts | 44 | €2,737 | €2,334 | -€403 | -14.7% |
| Suppliers | 440/4 | €2,737 | €2,334 | -€403 | -14.7% |
| Taxes, remuneration and social security | 45 | €6,814 | €3,647 | -€3,167 | -46.5% |
| Taxes | 450/3 | €6,814 | €3,647 | -€3,167 | -46.5% |
| Accrued charges and deferred income | 492/3 | €134 | €179 | +€45 | +33.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,676 | €20,613 | +€8,937 | +76.5% |
| Other operating charges | 640/8 | €673 | €574 | -€98 | -14.6% |
| Gross operating margin | 9900 | €43,557 | €38,286 | -€5,271 | -12.1% |
| Operating profit (loss) | 9901 | €31,208 | €17,099 | -€14,109 | -45.2% |
| Financial income | 75/76B | €0 | €0 | -€0 | -91.7% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -91.7% |
| Financial charges | 65/66B | €1,497 | €2,763 | +€1,266 | +84.5% |
| Recurring financial charges | 65 | €1,497 | €2,763 | +€1,266 | +84.5% |
| Profit (loss) for the period before taxes | 9903 | €29,711 | €14,336 | -€15,375 | -51.7% |
| Income taxes | 67/77 | €7,962 | €4,080 | -€3,882 | -48.8% |
| Profit (loss) for the period | 9904 | €21,749 | €10,256 | -€11,493 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,749 | €10,256 | -€11,493 | -52.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.