Lopenka: 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.
Lopenka
Largest movements
- Cash +€46,137
up €46,137 (+1661.9%), from €2,776 to €48,913
mainly Net result for the year (+€73,112) and Trade debts (+€1,162)
- Receivables within one year +€23,693
up €23,693 (+6057.9%), from €391 to €24,084
of which Other amounts receivable: +€23,693
- Tangible fixed assets +€4,370
new in 2025: €4,370
of which Furniture and vehicles: +€4,370
- Reserves +€44,279
up €44,279 (+560.9%), from €7,894 to €52,174
- Profit (loss) carried forward +€28,833
no longer reported in 2025 (was -€28,833)
- Trade debts +€1,162
up €1,162 (+70.4%), from €1,652 to €2,814
- Gross operating margin +€93,273
up €93,273, from -€604 to €92,670
- Taxes +€18,797
new in 2025: €18,797
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 | €3,167 | €77,442 | +€74,275 | +2345.1% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | - | €4,370 | +€4,370 | |
| Tangible fixed assets | 22/27 | - | €4,370 | +€4,370 | |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | - | €4,370 | +€4,370 | |
| Current assets | 29/58 | €3,167 | €73,071 | +€69,904 | +2207.1% |
| Amounts receivable within one year | 40/41 | €391 | €24,084 | +€23,693 | +6057.9% |
| Trade receivables | 40 | €350 | €350 | = | 0.0% |
| Other amounts receivable | 41 | €41 | €23,734 | +€23,693 | +57646.3% |
| Cash at bank and in hand | 54/58 | €2,776 | €48,913 | +€46,137 | +1661.9% |
| Deferred charges and accrued income | 490/1 | - | €74 | +€74 | |
| Total equity and liabilities | 10/49 | €3,167 | €77,442 | +€74,275 | +2345.1% |
| Equity | 10/15 | -€2,338 | €70,774 | +€73,112 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,894 | €52,174 | +€44,279 | +560.9% |
| Distributable reserves | 133 | €7,894 | €52,174 | +€44,279 | +560.9% |
| Profit (loss) carried forward | 14 | -€28,833 | - | +€28,833 | |
| Amounts payable | 17/49 | €5,506 | €6,668 | +€1,162 | +21.1% |
| Amounts payable within one year | 42/48 | €5,506 | €6,668 | +€1,162 | +21.1% |
| Trade debts | 44 | €1,652 | €2,814 | +€1,162 | +70.4% |
| Suppliers | 440/4 | €1,652 | €2,814 | +€1,162 | +70.4% |
| Other amounts payable | 47/48 | €3,854 | €3,854 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €293 | +€293 | |
| Other operating charges | 640/8 | €434 | €396 | -€38 | -8.8% |
| Gross operating margin | 9900 | -€604 | €92,670 | +€93,273 | |
| Operating profit (loss) | 9901 | -€1,038 | €91,980 | +€93,018 | |
| Financial charges | 65/66B | €62 | €71 | +€10 | +15.4% |
| Recurring financial charges | 65 | €62 | €71 | +€10 | +15.4% |
| Profit (loss) for the period before taxes | 9903 | -€1,100 | €91,909 | +€93,009 | |
| Income taxes | 67/77 | - | €18,797 | +€18,797 | |
| Profit (loss) for the period | 9904 | -€1,100 | €73,112 | +€74,212 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,100 | €73,112 | +€74,212 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.