Lopa: 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.
Lopa
Largest movements
- Current investments +€85,000
up €85,000 (+283%), from €30,000 to €115,000
- Receivables within one year +€23,615
up €23,615 (+72.1%), from €32,749 to €56,364
of which Other amounts receivable: +€38,135
- Cash -€18,603
down €18,603 (-76.3%), from €24,393 to €5,790
mainly Current investments (-€85,000) and Receivables within one year (-€23,615)
- Reserves +€48,339
up €48,339 (+66.0%), from €73,250 to €121,589
- Trade debts +€46,873
up €46,873, from €0 to €46,873
- Tax, wage and social debts -€2,829
down €2,829 (-37.9%), from €7,474 to €4,644
- Other debts -€2,219
down €2,219 (-100%), from €2,219 to €0
- Gross operating margin -€26,200
down €26,200 (-30.1%), from €87,098 to €60,898
- Taxes -€10,959
down €10,959 (-45.9%), from €23,857 to €12,898
- Financial income +€930
new in 2025: €930
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.
Derived cash bridge
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 | €87,143 | €177,306 | +€90,163 | +103% |
| Current assets | 29/58 | €87,143 | €177,306 | +€90,163 | +103% |
| Amounts receivable within one year | 40/41 | €32,749 | €56,364 | +€23,615 | +72.1% |
| Trade receivables | 40 | €29,040 | €14,520 | -€14,520 | -50.0% |
| Other amounts receivable | 41 | €3,709 | €41,844 | +€38,135 | +1,028% |
| Current investments | 50/53 | €30,000 | €115,000 | +€85,000 | +283% |
| Cash at bank and in hand | 54/58 | €24,393 | €5,790 | -€18,603 | -76.3% |
| Deferred charges and accrued income | 490/1 | - | €152 | +€152 | |
| Total equity and liabilities | 10/49 | €87,143 | €177,306 | +€90,163 | +103% |
| Equity | 10/15 | €77,450 | €125,789 | +€48,339 | +62.4% |
| Contributions | 10/11 | €4,200 | €4,200 | = | 0.0% |
| Reserves | 13 | €73,250 | €121,589 | +€48,339 | +66.0% |
| Distributable reserves | 133 | €73,250 | €121,589 | +€48,339 | +66.0% |
| Amounts payable | 17/49 | €9,693 | €51,517 | +€41,825 | +432% |
| Amounts payable within one year | 42/48 | €9,693 | €51,517 | +€41,825 | +432% |
| Trade debts | 44 | €0 | €46,873 | +€46,873 | |
| Suppliers | 440/4 | €0 | €46,873 | +€46,873 | |
| Taxes, remuneration and social security | 45 | €7,474 | €4,644 | -€2,829 | -37.9% |
| Taxes | 450/3 | €7,474 | €4,644 | -€2,829 | -37.9% |
| Other amounts payable | 47/48 | €2,219 | €0 | -€2,219 | -100% |
| Other operating charges | 640/8 | €387 | €544 | +€156 | +40.4% |
| Gross operating margin | 9900 | €87,098 | €60,898 | -€26,200 | -30.1% |
| Operating profit (loss) | 9901 | €86,711 | €60,354 | -€26,357 | -30.4% |
| Financial income | 75/76B | - | €930 | +€930 | |
| Recurring financial income | 75 | - | €930 | +€930 | |
| Financial charges | 65/66B | €7 | €47 | +€40 | +571% |
| Recurring financial charges | 65 | €7 | €47 | +€40 | +571% |
| Profit (loss) for the period before taxes | 9903 | €86,704 | €61,237 | -€25,467 | -29.4% |
| Income taxes | 67/77 | €23,857 | €12,898 | -€10,959 | -45.9% |
| Profit (loss) for the period | 9904 | €62,847 | €48,339 | -€14,508 | -23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €62,847 | €48,339 | -€14,508 | -23.1% |
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 18 October 2026 via checked.be.