LOPHI: 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.
LOPHI
Largest movements
- Receivables within one year -€20,611
down €20,611 (-48.6%), from €42,423 to €21,812
of which Trade receivables: -€21,000
- Cash +€6,445
up €6,445 (+2077.8%), from €310 to €6,755
mainly Receivables within one year (+€20,611) and Net result for the year (+€10,515)
- Financial fixed assets +€4,312
up €4,312 (+3.5%), from €123,191 to €127,503
- Other debts -€29,748
down €29,748 (-42.4%), from €70,225 to €40,477
- Trade debts +€10,500
new in 2025: €10,500
- Reserves +€10,000
up €10,000 (+13.0%), from €76,739 to €86,739
of which Distributable reserves: +€10,000
- Gross operating margin -€5,988
down €5,988 (-32.4%), from €18,496 to €12,508
- Taxes -€3,950
down €3,950 (-42.3%), from €9,333 to €5,384
- Financial charges -€333
down €333 (-51.2%), from €651 to €318
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 | €165,924 | €156,069 | -€9,855 | -5.9% |
| Fixed assets | 21/28 | €123,191 | €127,503 | +€4,312 | +3.5% |
| Financial fixed assets | 28 | €123,191 | €127,503 | +€4,312 | +3.5% |
| Current assets | 29/58 | €42,733 | €28,567 | -€14,166 | -33.2% |
| Amounts receivable within one year | 40/41 | €42,423 | €21,812 | -€20,611 | -48.6% |
| Trade receivables | 40 | €42,000 | €21,000 | -€21,000 | -50.0% |
| Other amounts receivable | 41 | €423 | €812 | +€389 | +91.8% |
| Cash at bank and in hand | 54/58 | €310 | €6,755 | +€6,445 | +2077.8% |
| Total equity and liabilities | 10/49 | €165,924 | €156,069 | -€9,855 | -5.9% |
| Equity | 10/15 | €89,194 | €99,709 | +€10,515 | +11.8% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €76,739 | €86,739 | +€10,000 | +13.0% |
| Non-distributable reserves | 130/1 | €1,950 | €1,950 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,950 | €1,950 | = | 0.0% |
| Distributable reserves | 133 | €74,789 | €84,789 | +€10,000 | +13.4% |
| Profit (loss) carried forward | 14 | €2,455 | €2,970 | +€515 | +21.0% |
| Amounts payable | 17/49 | €76,730 | €56,361 | -€20,370 | -26.5% |
| Amounts payable within one year | 42/48 | €76,730 | €56,361 | -€20,370 | -26.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | - | €10,500 | +€10,500 | |
| Suppliers | 440/4 | - | €10,500 | +€10,500 | |
| Taxes, remuneration and social security | 45 | €6,505 | €5,384 | -€1,121 | -17.2% |
| Taxes | 450/3 | €6,505 | €5,384 | -€1,121 | -17.2% |
| Other amounts payable | 47/48 | €70,225 | €40,477 | -€29,748 | -42.4% |
| Other operating charges | 640/8 | €493 | €603 | +€110 | +22.2% |
| Gross operating margin | 9900 | €18,496 | €12,508 | -€5,988 | -32.4% |
| Operating profit (loss) | 9901 | €18,002 | €11,905 | -€6,097 | -33.9% |
| Financial income | 75/76B | €4,166 | €4,312 | +€146 | +3.5% |
| Recurring financial income | 75 | €4,166 | €4,312 | +€146 | +3.5% |
| Financial charges | 65/66B | €651 | €318 | -€333 | -51.2% |
| Recurring financial charges | 65 | €651 | €318 | -€333 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | €21,517 | €15,898 | -€5,618 | -26.1% |
| Income taxes | 67/77 | €9,333 | €5,384 | -€3,950 | -42.3% |
| Profit (loss) for the period | 9904 | €12,184 | €10,515 | -€1,669 | -13.7% |
| Profit (loss) for the period to be appropriated | 9905 | €12,184 | €10,515 | -€1,669 | -13.7% |
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 11 October 2026 via checked.be.