CONSTRUCTIONS LOUWET: what changed
What changed
CONSTRUCTIONS LOUWET
NACE 41.003, General construction of other non-residential buildings
filed annual accounts (NBB)
Net result for the year
€2.5m
2024 · €1.8m+€664,292
Equity
€26.8m
2024 · €24.3m+€2.5m
Cash
€3.8m
2024 · €3.1m+€732,079
Balance sheet total
€31.5m
2024 · €29.2m+€2.4m
Largest movements
Assets
- Current investments +€1.1m
up €1.1m (+5.5%), from €19.2m to €20.2m
- Receivables within one year +€748,630
up €748,630 (+13.3%), from €5.6m to €6.4m
of which Trade receivables: +€864,331
- Cash +€732,079
up €732,079 (+23.6%), from €3.1m to €3.8m
mainly Net result for the year (+€2.5m) and Depreciation (+€191,047)
Equity and liabilities
- Reserves +€2.5m
up €2.5m (+10.3%), from €24.2m to €26.7m
of which Distributable reserves: +€2.5m
- Advances received -€450,000
down €450,000 (-100%), from €450,000 to €0
Income statement
- Turnover +€5.6m
up €5.6m (+22.5%), from €25.1m to €30.8m
- Goods and materials +€4.6m
up €4.6m (+25.2%), from €18.1m to €22.7m
of which Purchases: +€4.6m
- Financial income +€536,248
up €536,248 (+138%), from €387,572 to €923,820
of which Financial income: +€534,694
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
€1.8m
Turnover
+€5.6m
Other operating income
-€12,972
Goods and materials
-€4.6m
Services and other goods
-€278,075
Staff costs
-€120,570
Depreciation
-€27,368
Write-downs
+€8,133
Provisions
-€132,000
Other operating charges
-€185,904
Other operating items
+€6,874
Financial income
+€536,248
Financial charges
-€21,117
Taxes
-€180,715
Result 2025
€2.5m
raises the resultlowers the resultnot broken down further in the accounts
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
+€1.9m
Investment
-€1.2m
Financing
€0
Cash 2024
€3.1m
From operations (derived)
+€1.9m
Net result for the year
+€2.5m
Depreciation
+€191,047
Receivables after one year
+€183,681
Stocks and contracts
-€2,843
Receivables within one year
-€748,630
Deferred charges and accrued income
-€46,948
Provisions
+€132,000
Trade debts
+€35,448
Tax, wage and social debts
-€29,865
Advances received
-€450,000
Accrued charges and deferred income
+€164,003
Investment (derived)
-€1.2m
Investment in fixed assets (net)
-€142,483
Current investments
-€1.1m
Cash 2025
€3.8m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €29,150,434 | €31,505,294 | +€2.4m | +8.1% |
| Fixed assets | 21/28 | €947,647 | €899,083 | -€48,564 | -5.1% |
| Tangible fixed assets | 22/27 | €947,647 | €899,083 | -€48,564 | -5.1% |
| Land and buildings | 22 | €528,693 | €477,235 | -€51,458 | -9.7% |
| Plant, machinery and equipment | 23 | €275,936 | €208,927 | -€67,009 | -24.3% |
| Furniture and vehicles | 24 | €143,019 | €212,921 | +€69,903 | +48.9% |
| Current assets | 29/58 | €28,202,787 | €30,606,211 | +€2.4m | +8.5% |
| Amounts receivable after more than one year | 29 | €183,681 | €0 | -€183,681 | -100% |
| Other amounts receivable | 291 | €183,681 | €0 | -€183,681 | -100% |
| Stocks and contracts in progress | 3 | €45,641 | €48,484 | +€2,843 | +6.2% |
| Stocks | 30/36 | €45,641 | €48,484 | +€2,843 | +6.2% |
| Raw materials and consumables | 30/31 | €45,641 | €48,484 | +€2,843 | +6.2% |
| Amounts receivable within one year | 40/41 | €5,634,208 | €6,382,838 | +€748,630 | +13.3% |
| Trade receivables | 40 | €4,714,177 | €5,578,508 | +€864,331 | +18.3% |
| Other amounts receivable | 41 | €920,031 | €804,331 | -€115,700 | -12.6% |
| Current investments | 50/53 | €19,191,415 | €20,248,019 | +€1.1m | +5.5% |
| Other investments | 51/53 | €19,191,415 | €20,248,019 | +€1.1m | +5.5% |
| Cash at bank and in hand | 54/58 | €3,103,398 | €3,835,476 | +€732,079 | +23.6% |
| Deferred charges and accrued income | 490/1 | €44,445 | €91,393 | +€46,948 | +106% |
| Total equity and liabilities | 10/49 | €29,150,434 | €31,505,294 | +€2.4m | +8.1% |
| Equity | 10/15 | €24,323,833 | €26,827,106 | +€2.5m | +10.3% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €24,212,281 | €26,715,554 | +€2.5m | +10.3% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | = | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | = | 0.0% |
| Tax-exempt reserves | 132 | €202,295 | €202,295 | = | 0.0% |
| Distributable reserves | 133 | €23,998,831 | €26,502,104 | +€2.5m | +10.4% |
| Provisions and deferred taxes | 16 | €626,220 | €758,220 | +€132,000 | +21.1% |
| Provisions for liabilities and charges | 160/5 | €626,220 | €758,220 | +€132,000 | +21.1% |
| Other liabilities and charges | 164/5 | €626,220 | €758,220 | +€132,000 | +21.1% |
| Amounts payable | 17/49 | €4,200,381 | €3,919,968 | -€280,413 | -6.7% |
| Amounts payable within one year | 42/48 | €4,200,381 | €3,755,965 | -€444,416 | -10.6% |
| Trade debts | 44 | €3,420,179 | €3,455,627 | +€35,448 | +1.0% |
| Suppliers | 440/4 | €3,420,179 | €3,455,627 | +€35,448 | +1.0% |
| Advances received on contracts in progress | 46 | €450,000 | €0 | -€450,000 | -100% |
| Taxes, remuneration and social security | 45 | €330,202 | €300,338 | -€29,865 | -9.0% |
| Taxes | 450/3 | €206,578 | €196,478 | -€10,100 | -4.9% |
| Remuneration and social security | 454/9 | €123,625 | €103,860 | -€19,764 | -16.0% |
| Accrued charges and deferred income | 492/3 | €0 | €164,003 | +€164,003 | |
| Operating income | 70/76A | €25,236,475 | €30,868,093 | +€5.6m | +22.3% |
| Turnover | 70 | €25,119,940 | €30,759,761 | +€5.6m | +22.5% |
| Other operating income | 74 | €116,535 | €103,563 | -€12,972 | -11.1% |
| Non-recurring operating income | 76A | €0 | €4,770 | +€4,770 | |
| Operating charges | 60/66A | €22,997,443 | €28,299,186 | +€5.3m | +23.1% |
| Goods for resale, raw materials and consumables | 60 | €18,144,719 | €22,712,783 | +€4.6m | +25.2% |
| Purchases | 600/8 | €18,150,931 | €22,715,626 | +€4.6m | +25.1% |
| Change in stocks: decrease (increase) | 609 | -€6,211 | -€2,843 | +€3,368 | +54.2% |
| Services and other goods | 61 | €3,042,996 | €3,321,071 | +€278,075 | +9.1% |
| Remuneration, social security and pensions | 62 | €1,573,200 | €1,693,770 | +€120,570 | +7.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €163,678 | €191,047 | +€27,368 | +16.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,133 | €0 | -€8,133 | -100% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | €132,000 | +€132,000 | |
| Other operating charges | 640/8 | €62,613 | €248,516 | +€185,904 | +297% |
| Non-recurring operating charges | 66A | €2,104 | €0 | -€2,104 | -100% |
| Operating profit (loss) | 9901 | €2,239,032 | €2,568,907 | +€329,875 | +14.7% |
| Financial income | 75/76B | €387,572 | €923,820 | +€536,248 | +138% |
| Recurring financial income | 75 | €387,572 | €922,266 | +€534,694 | +138% |
| Income from financial fixed assets | 750 | €9,634 | €2,258 | -€7,376 | -76.6% |
| Income from current assets | 751 | €187,715 | €506,658 | +€318,943 | +170% |
| Other financial income | 752/9 | €190,223 | €413,351 | +€223,128 | +117% |
| Non-recurring financial income | 76B | - | €1,554 | +€1,554 | |
| Financial charges | 65/66B | €140,468 | €161,584 | +€21,117 | +15.0% |
| Recurring financial charges | 65 | €140,468 | €161,584 | +€21,117 | +15.0% |
| Debt charges | 650 | - | €282 | +€282 | |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €73,330 | -€76,523 | -€149,853 | |
| Other financial charges | 652/9 | €67,138 | €237,825 | +€170,687 | +254% |
| Profit (loss) for the period before taxes | 9903 | €2,486,136 | €3,331,143 | +€845,007 | +34.0% |
| Income taxes | 67/77 | €647,155 | €827,870 | +€180,715 | +27.9% |
| Taxes | 670/3 | €647,155 | €827,870 | +€180,715 | +27.9% |
| Profit (loss) for the period | 9904 | €1,838,981 | €2,503,273 | +€664,292 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,838,981 | €2,503,273 | +€664,292 | +36.1% |
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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 4 November 2026 via checked.be.