LONIE: 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.
LONIE
Largest movements
- Financial fixed assets -€181,720
down €181,720 (-20.2%), from €899,280 to €717,560
- Tangible fixed assets +€126,098
up €126,098 (+45.1%), from €279,849 to €405,946
of which Land and buildings: +€141,892
- Cash +€38,210
up €38,210 (+216.7%), from €17,637 to €55,847
mainly Investment in fixed assets (net) (+€37,955) and Net result for the year (+€32,080)
- Reserves +€32,080
up €32,080 (+32.7%), from €98,238 to €130,318
- Other debts -€32,015
down €32,015 (-29.2%), from €109,696 to €77,681
- Tax, wage and social debts -€15,133
down €15,133 (-54.5%), from €27,751 to €12,618
of which Taxes: -€9,955
- Financial income -€249,800
down €249,800 (-100.0%), from €249,800 to €0
- Gross operating margin +€68,953
up €68,953 (+161.5%), from €42,683 to €111,636
- Financial charges -€4,624
down €4,624 (-39.5%), from €11,709 to €7,085
- Depreciation +€3,533
up €3,533 (+25.0%), from €14,133 to €17,667
- Taxes +€3,105
up €3,105 (+30.7%), from €10,122 to €13,227
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 | €1,205,116 | €1,193,643 | -€11,473 | -1.0% |
| Fixed assets | 21/28 | €1,179,129 | €1,123,506 | -€55,622 | -4.7% |
| Tangible fixed assets | 22/27 | €279,849 | €405,946 | +€126,098 | +45.1% |
| Land and buildings | 22 | - | €141,892 | +€141,892 | |
| Furniture and vehicles | 24 | €11,911 | €2,797 | -€9,114 | -76.5% |
| Other tangible fixed assets | 26 | €267,938 | €261,258 | -€6,681 | -2.5% |
| Financial fixed assets | 28 | €899,280 | €717,560 | -€181,720 | -20.2% |
| Current assets | 29/58 | €25,987 | €70,137 | +€44,149 | +169.9% |
| Stocks and contracts in progress | 3 | €0 | - | = | |
| Stocks | 30/36 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €7,737 | €12,816 | +€5,079 | +65.6% |
| Trade receivables | 40 | €2,337 | €1,431 | -€906 | -38.8% |
| Other amounts receivable | 41 | €5,400 | €11,385 | +€5,985 | +110.8% |
| Cash at bank and in hand | 54/58 | €17,637 | €55,847 | +€38,210 | +216.7% |
| Deferred charges and accrued income | 490/1 | €613 | €1,473 | +€860 | +140.2% |
| Total equity and liabilities | 10/49 | €1,205,116 | €1,193,643 | -€11,473 | -1.0% |
| Equity | 10/15 | €1,048,578 | €1,080,658 | +€32,080 | +3.1% |
| Contributions | 10/11 | €950,340 | €950,340 | = | 0.0% |
| Reserves | 13 | €98,238 | €130,318 | +€32,080 | +32.7% |
| Distributable reserves | 133 | €98,238 | €130,318 | +€32,080 | +32.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €156,538 | €112,985 | -€43,553 | -27.8% |
| Amounts payable after more than one year | 17 | €12,769 | €11,179 | -€1,590 | -12.5% |
| Other amounts payable | 178/9 | €12,769 | €11,179 | -€1,590 | -12.5% |
| Amounts payable within one year | 42/48 | €143,769 | €95,972 | -€47,798 | -33.2% |
| Trade debts | 44 | €6,323 | €5,673 | -€650 | -10.3% |
| Suppliers | 440/4 | €6,323 | €5,673 | -€650 | -10.3% |
| Taxes, remuneration and social security | 45 | €27,751 | €12,618 | -€15,133 | -54.5% |
| Taxes | 450/3 | €22,573 | €12,618 | -€9,955 | -44.1% |
| Remuneration and social security | 454/9 | €5,178 | €0 | -€5,178 | -100.0% |
| Other amounts payable | 47/48 | €109,696 | €77,681 | -€32,015 | -29.2% |
| Accrued charges and deferred income | 492/3 | €0 | €5,835 | +€5,835 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,133 | €17,667 | +€3,533 | +25.0% |
| Other operating charges | 640/8 | €2,945 | €3,071 | +€126 | +4.3% |
| Non-recurring operating charges | 66A | - | €38,505 | +€38,505 | |
| Gross operating margin | 9900 | €42,683 | €111,636 | +€68,953 | +161.5% |
| Operating profit (loss) | 9901 | €25,605 | €52,393 | +€26,788 | +104.6% |
| Financial income | 75/76B | €249,800 | €0 | -€249,800 | -100.0% |
| Recurring financial income | 75 | €249,800 | €0 | -€249,800 | -100.0% |
| Financial charges | 65/66B | €11,709 | €7,085 | -€4,624 | -39.5% |
| Recurring financial charges | 65 | €11,709 | €7,085 | -€4,624 | -39.5% |
| Profit (loss) for the period before taxes | 9903 | €263,696 | €45,308 | -€218,388 | -82.8% |
| Income taxes | 67/77 | €10,122 | €13,227 | +€3,105 | +30.7% |
| Profit (loss) for the period | 9904 | €253,574 | €32,080 | -€221,493 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €253,574 | €32,080 | -€221,493 | -87.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.