Lopyco: 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.
Lopyco
Largest movements
- Tangible fixed assets +€184,533
up €184,533 (+309.9%), from €59,544 to €244,077
of which Land and buildings: +€201,957
- Cash -€53,002
down €53,002 (-47.4%), from €111,885 to €58,883
mainly Investment in fixed assets (net) (-€204,000) and Debts after one year (-€16,383)
- Reserves +€65,412
up €65,412 (+37.1%), from €176,299 to €241,710
- Other debts +€59,968
up €59,968 (+189.5%), from €31,649 to €91,617
- Tax, wage and social debts +€19,420
up €19,420 (+473.0%), from €4,106 to €23,526
- Debts after one year -€16,383
down €16,383 (-74.6%), from €21,970 to €5,587
- Gross operating margin -€18,684
down €18,684 (-12.3%), from €152,515 to €133,832
- Taxes -€10,964
down €10,964 (-35.5%), from €30,922 to €19,957
- Depreciation +€2,859
up €2,859 (+17.2%), from €16,607 to €19,467
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 | €253,994 | €384,271 | +€130,276 | +51.3% |
| Fixed assets | 21/28 | €59,544 | €244,077 | +€184,533 | +309.9% |
| Tangible fixed assets | 22/27 | €59,544 | €244,077 | +€184,533 | +309.9% |
| Land and buildings | 22 | - | €201,957 | +€201,957 | |
| Plant, machinery and equipment | 23 | €3,198 | €2,281 | -€917 | -28.7% |
| Furniture and vehicles | 24 | €56,346 | €39,839 | -€16,507 | -29.3% |
| Current assets | 29/58 | €194,451 | €140,193 | -€54,257 | -27.9% |
| Amounts receivable within one year | 40/41 | €26,554 | €25,796 | -€758 | -2.9% |
| Trade receivables | 40 | €26,081 | €25,796 | -€286 | -1.1% |
| Other amounts receivable | 41 | €472 | €0 | -€472 | -100.0% |
| Current investments | 50/53 | €50,000 | €50,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €111,885 | €58,883 | -€53,002 | -47.4% |
| Deferred charges and accrued income | 490/1 | €6,012 | €5,515 | -€497 | -8.3% |
| Total equity and liabilities | 10/49 | €253,994 | €384,271 | +€130,276 | +51.3% |
| Equity | 10/15 | €178,799 | €244,210 | +€65,412 | +36.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €176,299 | €241,710 | +€65,412 | +37.1% |
| Distributable reserves | 133 | €176,299 | €241,710 | +€65,412 | +37.1% |
| Amounts payable | 17/49 | €75,196 | €140,061 | +€64,865 | +86.3% |
| Amounts payable after more than one year | 17 | €21,970 | €5,587 | -€16,383 | -74.6% |
| Financial debts | 170/4 | €21,970 | €5,587 | -€16,383 | -74.6% |
| Amounts payable within one year | 42/48 | €53,226 | €134,473 | +€81,247 | +152.6% |
| Current portion of amounts payable after more than one year | 42 | €15,829 | €16,383 | +€553 | +3.5% |
| Financial debts | 43 | €209 | €1,597 | +€1,388 | +662.5% |
| Credit institutions | 430/8 | €209 | €1,597 | +€1,388 | +662.5% |
| Trade debts | 44 | €1,433 | €1,351 | -€82 | -5.7% |
| Suppliers | 440/4 | €1,433 | €1,351 | -€82 | -5.7% |
| Taxes, remuneration and social security | 45 | €4,106 | €23,526 | +€19,420 | +473.0% |
| Taxes | 450/3 | €4,106 | €23,526 | +€19,420 | +473.0% |
| Other amounts payable | 47/48 | €31,649 | €91,617 | +€59,968 | +189.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,607 | €19,467 | +€2,859 | +17.2% |
| Other operating charges | 640/8 | €828 | €1,037 | +€210 | +25.3% |
| Non-recurring operating charges | 66A | - | €24,480 | +€24,480 | |
| Gross operating margin | 9900 | €152,515 | €133,832 | -€18,684 | -12.3% |
| Operating profit (loss) | 9901 | €135,081 | €88,848 | -€46,232 | -34.2% |
| Financial income | 75/76B | €1,391 | €1,622 | +€230 | +16.5% |
| Recurring financial income | 75 | €1,391 | €1,622 | +€230 | +16.5% |
| Financial charges | 65/66B | €3,772 | €5,101 | +€1,328 | +35.2% |
| Recurring financial charges | 65 | €3,772 | €5,101 | +€1,328 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | €132,700 | €85,369 | -€47,331 | -35.7% |
| Income taxes | 67/77 | €30,922 | €19,957 | -€10,964 | -35.5% |
| Profit (loss) for the period | 9904 | €101,778 | €65,412 | -€36,366 | -35.7% |
| Profit (loss) for the period to be appropriated | 9905 | €101,778 | €65,412 | -€36,366 | -35.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.