LOLO: 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.
LOLO
Largest movements
- Receivables within one year +€21,002
up €21,002 (+36.9%), from €56,882 to €77,884
of which Other amounts receivable: +€21,507
- Tangible fixed assets +€19,972
up €19,972 (+1194.6%), from €1,672 to €21,644
- Cash +€11,370
up €11,370 (+20.0%), from €56,820 to €68,190
mainly Net result for the year (+€70,535) and Tax, wage and social debts (+€18,934)
- Intangible fixed assets +€5,565
new in 2024: €5,565
- Reserves +€115,975
up €115,975 (+6235.2%), from €1,860 to €117,835
of which Distributable reserves: +€117,835
- Profit (loss) carried forward -€45,441
down €45,441 (-100.0%), from €45,441 to €0
- Trade debts -€30,156
down €30,156 (-53.8%), from €56,014 to €25,858
- Tax, wage and social debts +€18,934
up €18,934 (+79.6%), from €23,796 to €42,730
of which Taxes: +€17,457
- Gross operating margin -€8,234
down €8,234 (-6.7%), from €122,871 to €114,637
- Staff costs +€5,721
up €5,721 (+113.1%), from €5,057 to €10,778
- Financial charges -€4,984
down €4,984 (-71.7%), from €6,951 to €1,967
- Depreciation +€3,379
up €3,379 (+699.4%), from €483 to €3,862
- Other operating charges +€2,826
up €2,826 (+2146.1%), from €132 to €2,958
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,024 | €208,483 | +€58,459 | +39.0% |
| Fixed assets | 21/28 | €1,672 | €27,209 | +€25,537 | +1527.4% |
| Intangible fixed assets | 21 | - | €5,565 | +€5,565 | |
| Tangible fixed assets | 22/27 | €1,672 | €21,644 | +€19,972 | +1194.6% |
| Furniture and vehicles | 24 | €1,672 | €21,644 | +€19,972 | +1194.6% |
| Current assets | 29/58 | €148,352 | €181,274 | +€32,922 | +22.2% |
| Stocks and contracts in progress | 3 | €34,650 | €35,200 | +€550 | +1.6% |
| Stocks | 30/36 | €34,650 | €35,200 | +€550 | +1.6% |
| Amounts receivable within one year | 40/41 | €56,882 | €77,884 | +€21,002 | +36.9% |
| Trade receivables | 40 | €34,719 | €34,214 | -€505 | -1.5% |
| Other amounts receivable | 41 | €22,163 | €43,670 | +€21,507 | +97.0% |
| Cash at bank and in hand | 54/58 | €56,820 | €68,190 | +€11,370 | +20.0% |
| Total equity and liabilities | 10/49 | €150,024 | €208,483 | +€58,459 | +39.0% |
| Equity | 10/15 | €65,901 | €136,435 | +€70,535 | +107.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €117,835 | +€115,975 | +6235.2% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Distributable reserves | 133 | - | €117,835 | +€117,835 | |
| Profit (loss) carried forward | 14 | €45,441 | €0 | -€45,441 | -100.0% |
| Amounts payable | 17/49 | €84,124 | €72,048 | -€12,076 | -14.4% |
| Amounts payable within one year | 42/48 | €84,124 | €72,048 | -€12,076 | -14.4% |
| Trade debts | 44 | €56,014 | €25,858 | -€30,156 | -53.8% |
| Suppliers | 440/4 | €56,014 | €25,858 | -€30,156 | -53.8% |
| Taxes, remuneration and social security | 45 | €23,796 | €42,730 | +€18,934 | +79.6% |
| Taxes | 450/3 | €23,377 | €40,835 | +€17,457 | +74.7% |
| Remuneration and social security | 454/9 | €419 | €1,895 | +€1,477 | +352.9% |
| Other amounts payable | 47/48 | €4,314 | €3,460 | -€854 | -19.8% |
| Remuneration, social security and pensions | 62 | €5,057 | €10,778 | +€5,721 | +113.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €483 | €3,862 | +€3,379 | +699.4% |
| Other operating charges | 640/8 | €132 | €2,958 | +€2,826 | +2146.1% |
| Gross operating margin | 9900 | €122,871 | €114,637 | -€8,234 | -6.7% |
| Operating profit (loss) | 9901 | €117,199 | €97,039 | -€20,160 | -17.2% |
| Financial income | 75/76B | €63 | €1,272 | +€1,209 | +1933.1% |
| Recurring financial income | 75 | €63 | €1,272 | +€1,209 | +1933.1% |
| Financial charges | 65/66B | €6,951 | €1,967 | -€4,984 | -71.7% |
| Recurring financial charges | 65 | €6,951 | €1,967 | -€4,984 | -71.7% |
| Profit (loss) for the period before taxes | 9903 | €110,311 | €96,344 | -€13,967 | -12.7% |
| Income taxes | 67/77 | €23,194 | €25,809 | +€2,615 | +11.3% |
| Profit (loss) for the period | 9904 | €87,117 | €70,535 | -€16,583 | -19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,117 | €70,535 | -€16,583 | -19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.