LONDOT: 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.
LONDOT
Largest movements
- Cash +€25,793
up €25,793 (+26.6%), from €97,141 to €122,934
mainly Net result for the year (+€52,584) and Depreciation (+€10,753)
- Tangible fixed assets -€10,753
down €10,753 (-35.0%), from €30,748 to €19,995
of which Furniture and vehicles: -€7,055
- Receivables within one year -€5,141
down €5,141 (-4.9%), from €104,950 to €99,809
of which Trade receivables: -€16,822
- Reserves +€52,584
up €52,584 (+31.8%), from €165,123 to €217,707
- Tax, wage and social debts -€36,455
no longer reported in 2024 (was €36,455)
- Debts after one year -€4,157
down €4,157 (-32.1%), from €12,936 to €8,779
- Gross operating margin -€29,534
down €29,534 (-24.8%), from €118,897 to €89,363
- Taxes -€13,830
down €13,830 (-35.6%), from €38,836 to €25,006
- Depreciation +€3,269
up €3,269 (+43.7%), from €7,484 to €10,753
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.
Derived cash bridge
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 | €302,477 | €310,832 | +€8,355 | +2.8% |
| Fixed assets | 21/28 | €30,883 | €20,130 | -€10,753 | -34.8% |
| Tangible fixed assets | 22/27 | €30,748 | €19,995 | -€10,753 | -35.0% |
| Furniture and vehicles | 24 | €14,285 | €7,230 | -€7,055 | -49.4% |
| Other tangible fixed assets | 26 | €16,463 | €12,765 | -€3,698 | -22.5% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €271,594 | €290,702 | +€19,108 | +7.0% |
| Amounts receivable after more than one year | 29 | €66,970 | €66,970 | = | 0.0% |
| Other amounts receivable | 291 | €66,970 | €66,970 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €104,950 | €99,809 | -€5,141 | -4.9% |
| Trade receivables | 40 | €104,950 | €88,128 | -€16,822 | -16.0% |
| Other amounts receivable | 41 | - | €11,681 | +€11,681 | |
| Cash at bank and in hand | 54/58 | €97,141 | €122,934 | +€25,793 | +26.6% |
| Deferred charges and accrued income | 490/1 | €2,533 | €989 | -€1,544 | -61.0% |
| Total equity and liabilities | 10/49 | €302,477 | €310,832 | +€8,355 | +2.8% |
| Equity | 10/15 | €243,614 | €296,198 | +€52,584 | +21.6% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Contributions outside capital | 11 | €20,460 | - | -€20,460 | |
| Other | 1109/19 | €20,460 | - | -€20,460 | |
| Reserves | 13 | €165,123 | €217,707 | +€52,584 | +31.8% |
| Distributable reserves | 133 | €165,123 | €217,707 | +€52,584 | +31.8% |
| Profit (loss) carried forward | 14 | €58,031 | €58,031 | = | 0.0% |
| Amounts payable | 17/49 | €58,863 | €14,634 | -€44,229 | -75.1% |
| Amounts payable after more than one year | 17 | €12,936 | €8,779 | -€4,157 | -32.1% |
| Financial debts | 170/4 | €12,936 | €8,779 | -€4,157 | -32.1% |
| Amounts payable within one year | 42/48 | €45,927 | €5,855 | -€40,072 | -87.3% |
| Current portion of amounts payable after more than one year | 42 | €6,817 | €5,855 | -€962 | -14.1% |
| Trade debts | 44 | €168 | - | -€168 | |
| Suppliers | 440/4 | €168 | - | -€168 | |
| Taxes, remuneration and social security | 45 | €36,455 | - | -€36,455 | |
| Taxes | 450/3 | €36,455 | - | -€36,455 | |
| Other amounts payable | 47/48 | €2,487 | - | -€2,487 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,484 | €10,753 | +€3,269 | +43.7% |
| Other operating charges | 640/8 | €2,240 | €1,877 | -€363 | -16.2% |
| Gross operating margin | 9900 | €118,897 | €89,363 | -€29,534 | -24.8% |
| Operating profit (loss) | 9901 | €109,173 | €76,733 | -€32,440 | -29.7% |
| Financial income | 75/76B | €2,306 | €3,051 | +€745 | +32.3% |
| Recurring financial income | 75 | €2,306 | €3,051 | +€745 | +32.3% |
| Financial charges | 65/66B | €2,300 | €2,194 | -€106 | -4.6% |
| Recurring financial charges | 65 | €2,300 | €2,194 | -€106 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | €109,179 | €77,590 | -€31,589 | -28.9% |
| Income taxes | 67/77 | €38,836 | €25,006 | -€13,830 | -35.6% |
| Profit (loss) for the period | 9904 | €70,343 | €52,584 | -€17,759 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €70,343 | €52,584 | -€17,759 | -25.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.