LOPO: 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.
LOPO
Largest movements
- Receivables within one year -€27,568
down €27,568 (-77.8%), from €35,434 to €7,866
of which Other amounts receivable: -€35,434
- Tangible fixed assets -€4,374
down €4,374 (-19.0%), from €23,063 to €18,689
of which Plant, machinery and equipment: -€3,321
- Cash -€1,420
down €1,420 (-24.6%), from €5,778 to €4,358
mainly Contributions, distributions and other (-€21,484) and Tax, wage and social debts (-€19,017)
- Tax, wage and social debts -€19,017
down €19,017 (-72.4%), from €26,276 to €7,259
of which Remuneration and social security: -€11,321
- Debts after one year -€7,456
down €7,456 (-94.1%), from €7,920 to €465
- Trade debts -€5,715
down €5,715 (-63.6%), from €8,989 to €3,274
- Current portion of long-term debt -€2,516
down €2,516 (-25.2%), from €9,972 to €7,456
- Profit (loss) carried forward +€1,141
up €1,141 (+33.9%), from €3,363 to €4,504
- Staff costs -€53,831
down €53,831 (-55.1%), from €97,764 to €43,934
- Gross operating margin -€35,192
down €35,192 (-32.1%), from €109,749 to €74,557
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,349 | €41,549 | -€33,800 | -44.9% |
| Fixed assets | 21/28 | €24,522 | €20,148 | -€4,374 | -17.8% |
| Tangible fixed assets | 22/27 | €23,063 | €18,689 | -€4,374 | -19.0% |
| Plant, machinery and equipment | 23 | €20,608 | €17,287 | -€3,321 | -16.1% |
| Furniture and vehicles | 24 | €2,455 | €1,402 | -€1,053 | -42.9% |
| Financial fixed assets | 28 | €1,459 | €1,459 | = | 0.0% |
| Current assets | 29/58 | €50,827 | €21,401 | -€29,426 | -57.9% |
| Stocks and contracts in progress | 3 | €9,573 | €9,171 | -€403 | -4.2% |
| Stocks | 30/36 | €9,573 | €9,171 | -€403 | -4.2% |
| Amounts receivable within one year | 40/41 | €35,434 | €7,866 | -€27,568 | -77.8% |
| Trade receivables | 40 | - | €7,866 | +€7,866 | |
| Other amounts receivable | 41 | €35,434 | - | -€35,434 | |
| Cash at bank and in hand | 54/58 | €5,778 | €4,358 | -€1,420 | -24.6% |
| Deferred charges and accrued income | 490/1 | €42 | €7 | -€35 | -83.3% |
| Total equity and liabilities | 10/49 | €75,349 | €41,549 | -€33,800 | -44.9% |
| Equity | 10/15 | €22,191 | €23,096 | +€904 | +4.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €237 | - | -€237 | |
| Non-distributable reserves | 130/1 | €237 | - | -€237 | |
| Reserves not available under the articles | 1311 | €237 | - | -€237 | |
| Profit (loss) carried forward | 14 | €3,363 | €4,504 | +€1,141 | +33.9% |
| Amounts payable | 17/49 | €53,157 | €18,453 | -€34,704 | -65.3% |
| Amounts payable after more than one year | 17 | €7,920 | €465 | -€7,456 | -94.1% |
| Financial debts | 170/4 | €7,920 | €465 | -€7,456 | -94.1% |
| Amounts payable within one year | 42/48 | €45,237 | €17,988 | -€27,249 | -60.2% |
| Current portion of amounts payable after more than one year | 42 | €9,972 | €7,456 | -€2,516 | -25.2% |
| Trade debts | 44 | €8,989 | €3,274 | -€5,715 | -63.6% |
| Suppliers | 440/4 | €8,989 | €3,274 | -€5,715 | -63.6% |
| Taxes, remuneration and social security | 45 | €26,276 | €7,259 | -€19,017 | -72.4% |
| Taxes | 450/3 | €11,810 | €4,114 | -€7,696 | -65.2% |
| Remuneration and social security | 454/9 | €14,467 | €3,146 | -€11,321 | -78.3% |
| Remuneration, social security and pensions | 62 | €97,764 | €43,934 | -€53,831 | -55.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,220 | €4,374 | +€155 | +3.7% |
| Other operating charges | 640/8 | €3,995 | €2,914 | -€1,081 | -27.1% |
| Gross operating margin | 9900 | €109,749 | €74,557 | -€35,192 | -32.1% |
| Operating profit (loss) | 9901 | €3,769 | €23,334 | +€19,565 | +519.1% |
| Financial income | 75/76B | €4 | €1 | -€3 | -83.7% |
| Recurring financial income | 75 | €4 | €1 | -€3 | -83.7% |
| Financial charges | 65/66B | €1,596 | €946 | -€649 | -40.7% |
| Recurring financial charges | 65 | €1,596 | €946 | -€649 | -40.7% |
| Profit (loss) for the period before taxes | 9903 | €2,177 | €22,389 | +€20,212 | +928.4% |
| Profit (loss) for the period | 9904 | €2,177 | €22,389 | +€20,212 | +928.4% |
| Profit (loss) for the period to be appropriated | 9905 | €2,177 | €22,389 | +€20,212 | +928.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.