Ferronnerie Louis: what changed
Ferronnerie Louis
Largest movements
- Cash -€53,721
down €53,721 (-29.7%), from €180,723 to €127,002
mainly Net result for the year (-€41,943) and Tax, wage and social debts (-€9,999)
- Receivables within one year +€4,265
up €4,265 (+30.9%), from €13,795 to €18,060
of which Trade receivables: +€5,423
- Profit (loss) carried forward -€41,943
down €41,943 (-26.0%), from €161,567 to €119,624
- Tax, wage and social debts -€9,999
down €9,999 (-87.7%), from €11,399 to €1,400
of which Remuneration and social security: -€6,531
- Other debts +€2,584
up €2,584 (+113%), from €2,288 to €4,871
- Gross operating margin -€66,482
down €66,482, from €40,365 to -€26,117
- Staff costs -€38,777
down €38,777 (-74.2%), from €52,229 to €13,452
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €201,839 | €151,184 | -€50,655 | -25.1% |
| Fixed assets | 21/28 | €849 | €1,497 | +€648 | +76.3% |
| Tangible fixed assets | 22/27 | €849 | €1,497 | +€648 | +76.3% |
| Plant, machinery and equipment | 23 | €182 | €0 | -€182 | -100% |
| Furniture and vehicles | 24 | - | €1,052 | +€1,052 | |
| Other tangible fixed assets | 26 | €667 | €445 | -€222 | -33.3% |
| Current assets | 29/58 | €200,990 | €149,688 | -€51,303 | -25.5% |
| Amounts receivable within one year | 40/41 | €13,795 | €18,060 | +€4,265 | +30.9% |
| Trade receivables | 40 | €9,795 | €15,218 | +€5,423 | +55.4% |
| Other amounts receivable | 41 | €4,000 | €2,842 | -€1,158 | -29.0% |
| Cash at bank and in hand | 54/58 | €180,723 | €127,002 | -€53,721 | -29.7% |
| Deferred charges and accrued income | 490/1 | €6,473 | €4,626 | -€1,846 | -28.5% |
| Total equity and liabilities | 10/49 | €201,839 | €151,184 | -€50,655 | -25.1% |
| Equity | 10/15 | €183,327 | €141,384 | -€41,943 | -22.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €1,300 | €1,300 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,300 | €1,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,567 | €119,624 | -€41,943 | -26.0% |
| Amounts payable | 17/49 | €18,512 | €9,801 | -€8,712 | -47.1% |
| Amounts payable within one year | 42/48 | €18,512 | €9,801 | -€8,712 | -47.1% |
| Trade debts | 44 | €4,826 | €3,529 | -€1,297 | -26.9% |
| Suppliers | 440/4 | €4,826 | €3,529 | -€1,297 | -26.9% |
| Taxes, remuneration and social security | 45 | €11,399 | €1,400 | -€9,999 | -87.7% |
| Taxes | 450/3 | €4,868 | €1,400 | -€3,468 | -71.2% |
| Remuneration and social security | 454/9 | €6,531 | €0 | -€6,531 | -100% |
| Other amounts payable | 47/48 | €2,288 | €4,871 | +€2,584 | +113% |
| Remuneration, social security and pensions | 62 | €52,229 | €13,452 | -€38,777 | -74.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €547 | €568 | +€21 | +3.8% |
| Other operating charges | 640/8 | €1,121 | €1,139 | +€18 | +1.6% |
| Gross operating margin | 9900 | €40,365 | -€26,117 | -€66,482 | |
| Operating profit (loss) | 9901 | -€13,532 | -€41,276 | -€27,744 | -205% |
| Financial income | 75/76B | €1 | €17 | +€16 | +2,974% |
| Recurring financial income | 75 | €1 | €17 | +€16 | +2,974% |
| Financial charges | 65/66B | €804 | €684 | -€120 | -14.9% |
| Recurring financial charges | 65 | €804 | €684 | -€120 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | -€14,335 | -€41,943 | -€27,608 | -193% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,335 | -€41,943 | -€27,608 | -193% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,335 | -€41,943 | -€27,608 | -193% |
Next steps
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 2 November 2026 via checked.be.