LOZENBERG 7: 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.
LOZENBERG 7
Largest movements
- Tangible fixed assets -€46,401
down €46,401 (-2.4%), from €1.9m to €1.9m
- Profit (loss) carried forward -€107,318
down €107,318 (-210%), from -€51,142 to -€158,460
- Trade debts +€31,539
up €31,539 (+4,659%), from €677 to €32,216
- Accrued charges and deferred income +€29,006
up €29,006 (+186%), from €15,593 to €44,599
- Other operating charges +€28,955
up €28,955 (+4,455%), from €650 to €29,605
- Depreciation +€15,354
up €15,354 (+49.5%), from €31,047 to €46,401
- Financial charges +€13,551
up €13,551 (+86.0%), from €15,754 to €29,305
- Gross operating margin +€121
up €121 (+5.7%), from -€2,128 to -€2,007
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.
Derived cash bridge
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 | €1,958,431 | €1,915,747 | -€42,684 | -2.2% |
| Fixed assets | 21/28 | €1,937,031 | €1,890,630 | -€46,401 | -2.4% |
| Tangible fixed assets | 22/27 | €1,937,031 | €1,890,630 | -€46,401 | -2.4% |
| Land and buildings | 22 | €1,937,031 | €1,890,630 | -€46,401 | -2.4% |
| Current assets | 29/58 | €21,400 | €25,117 | +€3,717 | +17.4% |
| Cash at bank and in hand | 54/58 | €21,400 | €25,117 | +€3,717 | +17.4% |
| Total equity and liabilities | 10/49 | €1,958,431 | €1,915,747 | -€42,684 | -2.2% |
| Equity | 10/15 | -€50,142 | -€157,460 | -€107,318 | -214% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€51,142 | -€158,460 | -€107,318 | -210% |
| Amounts payable | 17/49 | €2,008,573 | €2,073,207 | +€64,634 | +3.2% |
| Amounts payable after more than one year | 17 | €1,992,303 | €1,996,392 | +€4,089 | +0.2% |
| Other amounts payable | 178/9 | €1,992,303 | €1,996,392 | +€4,089 | +0.2% |
| Amounts payable within one year | 42/48 | €677 | €32,216 | +€31,539 | +4,659% |
| Trade debts | 44 | €677 | €32,216 | +€31,539 | +4,659% |
| Suppliers | 440/4 | €677 | €32,216 | +€31,539 | +4,659% |
| Accrued charges and deferred income | 492/3 | €15,593 | €44,599 | +€29,006 | +186% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,047 | €46,401 | +€15,354 | +49.5% |
| Other operating charges | 640/8 | €650 | €29,605 | +€28,955 | +4,455% |
| Gross operating margin | 9900 | -€2,128 | -€2,007 | +€121 | +5.7% |
| Operating profit (loss) | 9901 | -€33,825 | -€78,013 | -€44,188 | -131% |
| Financial charges | 65/66B | €15,754 | €29,305 | +€13,551 | +86.0% |
| Recurring financial charges | 65 | €15,754 | €29,305 | +€13,551 | +86.0% |
| Profit (loss) for the period before taxes | 9903 | -€49,579 | -€107,318 | -€57,739 | -116% |
| Profit (loss) for the period | 9904 | -€49,579 | -€107,318 | -€57,739 | -116% |
| Profit (loss) for the period to be appropriated | 9905 | -€49,579 | -€107,318 | -€57,739 | -116% |
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 20 October 2026 via checked.be.