LOPICO: 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.
LOPICO
Largest movements
- Cash +€1,185
up €1,185 (+5.9%), from €20,228 to €21,413
mainly Net result for the year (+€14,446) and Trade debts (+€1,793)
- Tangible fixed assets -€1,113
down €1,113 (-16.2%), from €6,887 to €5,774
of which Furniture and vehicles: -€946
- Receivables within one year +€548
up €548 (+4.2%), from €13,054 to €13,602
of which Other amounts receivable: +€2,124
- Reserves +€14,446
up €14,446 (+156.1%), from €9,257 to €23,703
- Other debts -€14,342
no longer reported in 2023 (was €14,342)
- Trade debts +€1,793
up €1,793 (+210.9%), from €850 to €2,643
- Tax, wage and social debts -€1,277
down €1,277 (-19.1%), from €6,676 to €5,399
of which Remuneration and social security: -€1,239
- Gross operating margin +€34,098
up €34,098, from -€10,669 to €23,428
- Taxes +€5,052
up €5,052 (+1455.4%), from €347 to €5,399
- Financial charges -€2,682
down €2,682 (-82.6%), from €3,246 to €564
- Other operating charges +€1,467
up €1,467 (+329.0%), from €446 to €1,913
- Depreciation -€366
down €366 (-24.7%), from €1,480 to €1,113
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,170 | €40,790 | +€620 | +1.5% |
| Fixed assets | 21/28 | €6,887 | €5,774 | -€1,113 | -16.2% |
| Tangible fixed assets | 22/27 | €6,887 | €5,774 | -€1,113 | -16.2% |
| Plant, machinery and equipment | 23 | €1,483 | €1,316 | -€168 | -11.3% |
| Furniture and vehicles | 24 | €5,404 | €4,458 | -€946 | -17.5% |
| Current assets | 29/58 | €33,283 | €35,016 | +€1,733 | +5.2% |
| Amounts receivable within one year | 40/41 | €13,054 | €13,602 | +€548 | +4.2% |
| Trade receivables | 40 | €12,037 | €10,461 | -€1,576 | -13.1% |
| Other amounts receivable | 41 | €1,018 | €3,141 | +€2,124 | +208.6% |
| Cash at bank and in hand | 54/58 | €20,228 | €21,413 | +€1,185 | +5.9% |
| Total equity and liabilities | 10/49 | €40,170 | €40,790 | +€620 | +1.5% |
| Equity | 10/15 | €18,301 | €32,747 | +€14,446 | +78.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €9,257 | €23,703 | +€14,446 | +156.1% |
| Distributable reserves | 133 | €9,257 | €23,703 | +€14,446 | +156.1% |
| Profit (loss) carried forward | 14 | -€956 | -€956 | = | 0.0% |
| Amounts payable | 17/49 | €21,869 | €8,042 | -€13,826 | -63.2% |
| Amounts payable within one year | 42/48 | €21,869 | €8,042 | -€13,826 | -63.2% |
| Trade debts | 44 | €850 | €2,643 | +€1,793 | +210.9% |
| Suppliers | 440/4 | €850 | €2,643 | +€1,793 | +210.9% |
| Taxes, remuneration and social security | 45 | €6,676 | €5,399 | -€1,277 | -19.1% |
| Taxes | 450/3 | €5,437 | €5,399 | -€37 | -0.7% |
| Remuneration and social security | 454/9 | €1,239 | - | -€1,239 | |
| Other amounts payable | 47/48 | €14,342 | - | -€14,342 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,480 | €1,113 | -€366 | -24.7% |
| Other operating charges | 640/8 | €446 | €1,913 | +€1,467 | +329.0% |
| Gross operating margin | 9900 | -€10,669 | €23,428 | +€34,098 | |
| Operating profit (loss) | 9901 | -€12,595 | €20,401 | +€32,996 | |
| Financial income | 75/76B | - | €8 | +€8 | |
| Recurring financial income | 75 | - | €8 | +€8 | |
| Financial charges | 65/66B | €3,246 | €564 | -€2,682 | -82.6% |
| Recurring financial charges | 65 | €3,246 | €564 | -€2,682 | -82.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,841 | €19,845 | +€35,686 | |
| Income taxes | 67/77 | €347 | €5,399 | +€5,052 | +1455.4% |
| Profit (loss) for the period | 9904 | -€16,188 | €14,446 | +€30,634 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,188 | €14,446 | +€30,634 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.