CHEZ LOUIS: 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.
CHEZ LOUIS
Largest movements
- Tangible fixed assets -€50,448
down €50,448 (-5.6%), from €904,006 to €853,558
- Cash -€12,459
down €12,459 (-42.7%), from €29,174 to €16,715
mainly Debts after one year (-€68,575) and Net result for the year (-€65,653)
- Debts after one year -€68,575
down €68,575 (-10.3%), from €666,677 to €598,102
- Profit (loss) carried forward -€65,653
down €65,653, from €28,378 to -€37,275
- Other debts +€23,553
up €23,553 (+12,801%), from €184 to €23,737
- Trade debts +€23,435
up €23,435 (+20.7%), from €113,405 to €136,840
- Tax, wage and social debts +€22,996
up €22,996 (+29.5%), from €77,883 to €100,879
of which Taxes: +€18,497
- Turnover -€106,571
down €106,571 (-9.7%), from €1.1m to €996,237
- Purchases and services -€83,389
down €83,389 (-10.1%), from €829,326 to €745,937
- Gross operating margin -€23,182
down €23,182 (-8.5%), from €273,482 to €250,300
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.
Derived cash bridge
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 | €1,037,096 | €975,377 | -€61,719 | -6.0% |
| Fixed assets | 21/28 | €904,506 | €854,058 | -€50,448 | -5.6% |
| Tangible fixed assets | 22/27 | €904,006 | €853,558 | -€50,448 | -5.6% |
| Land and buildings | 22 | €687,596 | €666,252 | -€21,344 | -3.1% |
| Plant, machinery and equipment | 23 | €206,848 | €185,684 | -€21,164 | -10.2% |
| Furniture and vehicles | 24 | €9,562 | €1,622 | -€7,940 | -83.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €132,590 | €121,319 | -€11,271 | -8.5% |
| Stocks and contracts in progress | 3 | €25,416 | €26,110 | +€694 | +2.7% |
| Stocks | 30/36 | €25,416 | €26,110 | +€694 | +2.7% |
| Amounts receivable within one year | 40/41 | €72,719 | €73,014 | +€295 | +0.4% |
| Trade receivables | 40 | €13,597 | €15,427 | +€1,830 | +13.5% |
| Other amounts receivable | 41 | €59,122 | €57,587 | -€1,535 | -2.6% |
| Cash at bank and in hand | 54/58 | €29,174 | €16,715 | -€12,459 | -42.7% |
| Deferred charges and accrued income | 490/1 | €5,281 | €5,480 | +€199 | +3.8% |
| Total equity and liabilities | 10/49 | €1,037,096 | €975,377 | -€61,719 | -6.0% |
| Equity | 10/15 | €106,729 | €41,076 | -€65,653 | -61.5% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €38,351 | €38,351 | = | 0.0% |
| Distributable reserves | 133 | €38,351 | €38,351 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,378 | -€37,275 | -€65,653 | |
| Amounts payable | 17/49 | €930,367 | €934,301 | +€3,934 | +0.4% |
| Amounts payable after more than one year | 17 | €666,677 | €598,102 | -€68,575 | -10.3% |
| Financial debts | 170/4 | €666,677 | €598,102 | -€68,575 | -10.3% |
| Amounts payable within one year | 42/48 | €263,690 | €336,199 | +€72,509 | +27.5% |
| Current portion of amounts payable after more than one year | 42 | €72,218 | €74,743 | +€2,525 | +3.5% |
| Trade debts | 44 | €113,405 | €136,840 | +€23,435 | +20.7% |
| Suppliers | 440/4 | €113,405 | €136,840 | +€23,435 | +20.7% |
| Taxes, remuneration and social security | 45 | €77,883 | €100,879 | +€22,996 | +29.5% |
| Taxes | 450/3 | €35,851 | €54,348 | +€18,497 | +51.6% |
| Remuneration and social security | 454/9 | €42,032 | €46,531 | +€4,499 | +10.7% |
| Other amounts payable | 47/48 | €184 | €23,737 | +€23,553 | +12,801% |
| Turnover | 70 | €1,102,808 | €996,237 | -€106,571 | -9.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €829,326 | €745,937 | -€83,389 | -10.1% |
| Remuneration, social security and pensions | 62 | €223,649 | €234,582 | +€10,933 | +4.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €56,084 | €50,866 | -€5,218 | -9.3% |
| Other operating charges | 640/8 | €6,430 | €5,514 | -€916 | -14.2% |
| Gross operating margin | 9900 | €273,482 | €250,300 | -€23,182 | -8.5% |
| Operating profit (loss) | 9901 | -€12,681 | -€40,662 | -€27,981 | -221% |
| Financial charges | 65/66B | €24,190 | €24,864 | +€674 | +2.8% |
| Recurring financial charges | 65 | €24,190 | €24,864 | +€674 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | -€36,871 | -€65,526 | -€28,655 | -77.7% |
| Income taxes | 67/77 | €680 | €127 | -€553 | -81.3% |
| Profit (loss) for the period | 9904 | -€37,551 | -€65,653 | -€28,102 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€37,551 | -€65,653 | -€28,102 | -74.8% |
Source: filed annual accounts (NBB), financial 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 October 2026 via checked.be.