LONCKE: 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.
LONCKE
Largest movements
- Cash +€348,363
up €348,363 (+57.0%), from €611,543 to €959,906
mainly Net result for the year (+€145,268) and Receivables within one year (+€100,050)
- Receivables within one year -€100,050
down €100,050 (-80.3%), from €124,550 to €24,500
- Tangible fixed assets -€50,453
down €50,453 (-19.2%), from €262,621 to €212,167
of which Furniture and vehicles: -€48,073
- Stocks and contracts -€26,570
down €26,570 (-13.6%), from €195,914 to €169,344
- Reserves +€145,268
up €145,268 (+29.0%), from €501,152 to €646,420
of which Distributable reserves: +€138,004
- Trade debts +€31,058
up €31,058 (+1244.5%), from €2,496 to €33,554
- Tax, wage and social debts +€15,148
up €15,148 (+41.7%), from €36,323 to €51,470
- Gross operating margin +€28,022
up €28,022 (+13.0%), from €216,387 to €244,409
- Taxes +€12,044
up €12,044 (+22.8%), from €52,782 to €64,826
- Depreciation -€11,281
down €11,281 (-36.5%), from €30,883 to €19,602
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 | €1,200,460 | €1,372,022 | +€171,562 | +14.3% |
| Fixed assets | 21/28 | €262,621 | €212,167 | -€50,453 | -19.2% |
| Tangible fixed assets | 22/27 | €262,621 | €212,167 | -€50,453 | -19.2% |
| Land and buildings | 22 | €200,677 | €197,889 | -€2,787 | -1.4% |
| Plant, machinery and equipment | 23 | €1,814 | €2,221 | +€407 | +22.4% |
| Furniture and vehicles | 24 | €60,129 | €12,057 | -€48,073 | -79.9% |
| Current assets | 29/58 | €937,839 | €1,159,855 | +€222,015 | +23.7% |
| Stocks and contracts in progress | 3 | €195,914 | €169,344 | -€26,570 | -13.6% |
| Stocks | 30/36 | €195,914 | €169,344 | -€26,570 | -13.6% |
| Amounts receivable within one year | 40/41 | €124,550 | €24,500 | -€100,050 | -80.3% |
| Trade receivables | 40 | €124,550 | €24,500 | -€100,050 | -80.3% |
| Cash at bank and in hand | 54/58 | €611,543 | €959,906 | +€348,363 | +57.0% |
| Deferred charges and accrued income | 490/1 | €5,832 | €6,104 | +€272 | +4.7% |
| Total equity and liabilities | 10/49 | €1,200,460 | €1,372,022 | +€171,562 | +14.3% |
| Equity | 10/15 | €1,111,168 | €1,254,696 | +€143,528 | +12.9% |
| Contributions | 10/11 | €548,000 | €548,000 | = | 0.0% |
| Capital | 10 | €548,000 | €548,000 | = | 0.0% |
| Issued capital | 100 | €548,000 | €548,000 | = | 0.0% |
| Reserves | 13 | €501,152 | €646,420 | +€145,268 | +29.0% |
| Non-distributable reserves | 130/1 | €38,977 | €46,240 | +€7,263 | +18.6% |
| Legal reserve | 130 | €38,977 | €46,240 | +€7,263 | +18.6% |
| Tax-exempt reserves | 132 | €528 | €528 | = | 0.0% |
| Distributable reserves | 133 | €461,647 | €599,652 | +€138,004 | +29.9% |
| Profit (loss) carried forward | 14 | €62,016 | €60,277 | -€1,740 | -2.8% |
| Amounts payable | 17/49 | €89,292 | €117,325 | +€28,034 | +31.4% |
| Amounts payable after more than one year | 17 | €14,210 | €1,114 | -€13,096 | -92.2% |
| Financial debts | 170/4 | €14,210 | €1,114 | -€13,096 | -92.2% |
| Amounts payable within one year | 42/48 | €74,647 | €115,884 | +€41,237 | +55.2% |
| Current portion of amounts payable after more than one year | 42 | €13,893 | €13,096 | -€797 | -5.7% |
| Trade debts | 44 | €2,496 | €33,554 | +€31,058 | +1244.5% |
| Suppliers | 440/4 | €2,496 | €33,554 | +€31,058 | +1244.5% |
| Taxes, remuneration and social security | 45 | €36,323 | €51,470 | +€15,148 | +41.7% |
| Taxes | 450/3 | €36,323 | €51,470 | +€15,148 | +41.7% |
| Other amounts payable | 47/48 | €21,935 | €17,764 | -€4,171 | -19.0% |
| Accrued charges and deferred income | 492/3 | €435 | €328 | -€107 | -24.6% |
| Non-recurring operating income | 76A | - | €1,116 | +€1,116 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,883 | €19,602 | -€11,281 | -36.5% |
| Other operating charges | 640/8 | €8,509 | €8,034 | -€475 | -5.6% |
| Non-recurring operating charges | 66A | - | €4,002 | +€4,002 | |
| Gross operating margin | 9900 | €216,387 | €244,409 | +€28,022 | +13.0% |
| Operating profit (loss) | 9901 | €176,995 | €212,772 | +€35,777 | +20.2% |
| Financial income | 75/76B | €15 | €2 | -€13 | -88.5% |
| Recurring financial income | 75 | €15 | €2 | -€13 | -88.5% |
| Financial charges | 65/66B | €3,387 | €2,680 | -€706 | -20.9% |
| Recurring financial charges | 65 | €3,387 | €2,680 | -€706 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €173,623 | €210,094 | +€36,471 | +21.0% |
| Income taxes | 67/77 | €52,782 | €64,826 | +€12,044 | +22.8% |
| Profit (loss) for the period | 9904 | €120,842 | €145,268 | +€24,427 | +20.2% |
| Profit (loss) for the period to be appropriated | 9905 | €120,842 | €145,268 | +€24,427 | +20.2% |
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.