SANDRA LODEWIJCKX: what changed
What changed
SANDRA LODEWIJCKX
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€469,289
2024 · €326,883+€142,406
Equity
€2.3m
2024 · €2.5m-€181,786
Cash
€990,543
2024 · €638,166+€352,377
Balance sheet total
€4.3m
2024 · €4.1m+€287,164
Largest movements
Assets
- Cash +€352,377
up €352,377 (+55.2%), from €638,166 to €990,543
mainly Other debts (+€651,075) and Net result for the year (+€469,289)
- Tangible fixed assets -€101,538
down €101,538 (-3.4%), from €3.0m to €2.9m
of which Land and buildings: -€112,490
Equity and liabilities
- Other debts +€651,075
new in 2025: €651,075
- Reserves -€181,786
down €181,786 (-7.5%), from €2.4m to €2.3m
of which Distributable reserves: -€181,786
- Debts after one year -€156,333
down €156,333 (-13.8%), from €1.1m to €977,853
- Trade debts -€54,542
down €54,542 (-79.4%), from €68,694 to €14,152
Income statement
- Depreciation -€143,786
down €143,786 (-53.0%), from €271,137 to €127,351
- Taxes +€74,810
up €74,810 (+49.1%), from €152,470 to €227,280
- Gross operating margin +€74,531
up €74,531 (+9.5%), from €785,768 to €860,299
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€326,883
Gross operating margin
+€74,531
Depreciation
+€143,786
Other operating charges
-€5,677
Financial income
+€1,161
Financial charges
+€3,416
Taxes
-€74,810
Result 2025
€469,289
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.2m
Investment
-€25,812
Financing
-€798,269
Cash 2024
€638,166
From operations (derived)
+€1.2m
Net result for the year
+€469,289
Depreciation
+€127,351
Receivables within one year
-€36,325
Trade debts
-€54,542
Tax, wage and social debts
+€19,610
Other debts
+€651,075
Investment (derived)
-€25,812
Investment in fixed assets (net)
-€25,812
Financing
-€798,269
Debts after one year
-€156,333
Current portion of long-term debt
+€32,118
Short-term financial debts
-€22,978
Contributions, distributions and other
-€651,075
Cash 2025
€990,543
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €4,061,204 | €4,348,367 | +€287,164 | +7.1% |
| Fixed assets | 21/28 | €3,078,354 | €2,976,815 | -€101,538 | -3.3% |
| Tangible fixed assets | 22/27 | €2,978,354 | €2,876,815 | -€101,538 | -3.4% |
| Land and buildings | 22 | €2,930,670 | €2,818,181 | -€112,490 | -3.8% |
| Plant, machinery and equipment | 23 | €8,972 | €7,356 | -€1,616 | -18.0% |
| Furniture and vehicles | 24 | €27,812 | €40,379 | +€12,567 | +45.2% |
| Other tangible fixed assets | 26 | €10,900 | €10,900 | = | 0.0% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €982,850 | €1,371,552 | +€388,702 | +39.5% |
| Amounts receivable within one year | 40/41 | €342,731 | €379,056 | +€36,325 | +10.6% |
| Trade receivables | 40 | €311,953 | €284,828 | -€27,126 | -8.7% |
| Other amounts receivable | 41 | €30,777 | €94,228 | +€63,451 | +206% |
| Cash at bank and in hand | 54/58 | €638,166 | €990,543 | +€352,377 | +55.2% |
| Deferred charges and accrued income | 490/1 | €1,953 | €1,953 | = | 0.0% |
| Total equity and liabilities | 10/49 | €4,061,204 | €4,348,367 | +€287,164 | +7.1% |
| Equity | 10/15 | €2,523,249 | €2,341,463 | -€181,786 | -7.2% |
| Contributions | 10/11 | €86,650 | €86,650 | = | 0.0% |
| Reserves | 13 | €2,436,599 | €2,254,813 | -€181,786 | -7.5% |
| Non-distributable reserves | 130/1 | €11,145 | €11,145 | = | 0.0% |
| Reserves not available under the articles | 1311 | €11,145 | €11,145 | = | 0.0% |
| Distributable reserves | 133 | €2,425,454 | €2,243,668 | -€181,786 | -7.5% |
| Amounts payable | 17/49 | €1,537,954 | €2,006,904 | +€468,950 | +30.5% |
| Amounts payable after more than one year | 17 | €1,134,187 | €977,853 | -€156,333 | -13.8% |
| Financial debts | 170/4 | €1,134,187 | €977,853 | -€156,333 | -13.8% |
| Amounts payable within one year | 42/48 | €403,768 | €1,029,051 | +€625,283 | +155% |
| Current portion of amounts payable after more than one year | 42 | €124,216 | €156,333 | +€32,118 | +25.9% |
| Financial debts | 43 | €30,000 | €7,022 | -€22,978 | -76.6% |
| Credit institutions | 430/8 | €30,000 | €7,022 | -€22,978 | -76.6% |
| Trade debts | 44 | €68,694 | €14,152 | -€54,542 | -79.4% |
| Suppliers | 440/4 | €68,694 | €14,152 | -€54,542 | -79.4% |
| Taxes, remuneration and social security | 45 | €180,858 | €200,469 | +€19,610 | +10.8% |
| Taxes | 450/3 | €180,858 | €200,469 | +€19,610 | +10.8% |
| Other amounts payable | 47/48 | - | €651,075 | +€651,075 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €271,137 | €127,351 | -€143,786 | -53.0% |
| Other operating charges | 640/8 | €6,289 | €11,966 | +€5,677 | +90.3% |
| Gross operating margin | 9900 | €785,768 | €860,299 | +€74,531 | +9.5% |
| Operating profit (loss) | 9901 | €508,342 | €720,982 | +€212,639 | +41.8% |
| Financial income | 75/76B | €3,049 | €4,210 | +€1,161 | +38.1% |
| Recurring financial income | 75 | €3,049 | €4,210 | +€1,161 | +38.1% |
| Financial charges | 65/66B | €32,038 | €28,622 | -€3,416 | -10.7% |
| Recurring financial charges | 65 | €32,038 | €28,622 | -€3,416 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €479,353 | €696,569 | +€217,216 | +45.3% |
| Income taxes | 67/77 | €152,470 | €227,280 | +€74,810 | +49.1% |
| Profit (loss) for the period | 9904 | €326,883 | €469,289 | +€142,406 | +43.6% |
| Profit (loss) for the period to be appropriated | 9905 | €326,883 | €469,289 | +€142,406 | +43.6% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.