iLouvU: what changed
Two fiscal 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.
iLouvU
Largest movements
- Intangible fixed assets +€99,945
new in 2025: €99,945
- Cash +€30,641
up €30,641 (+3922.8%), from €781 to €31,422
mainly Other debts (+€150,800) and Tax, wage and social debts (+€7,114)
- Receivables within one year +€12,830
up €12,830 (+137.5%), from €9,334 to €22,164
of which Trade receivables: +€17,262
- Tangible fixed assets +€1,925
new in 2025: €1,925
- Other debts +€150,800
up €150,800 (+96.5%), from €156,312 to €307,113
- Current portion of long-term debt -€9,176
down €9,176 (-97.7%), from €9,395 to €218
- Tax, wage and social debts +€7,114
new in 2025: €7,114
of which Taxes: +€6,376
- Profit (loss) carried forward -€4,467
down €4,467 (-2.5%), from -€177,972 to -€182,439
- Trade debts +€2,184
up €2,184 (+18.0%), from €12,162 to €14,346
- Gross operating margin +€17,437
up €17,437, from -€16,113 to €1,324
- Staff costs -€10,080
down €10,080 (-99.2%), from €10,162 to €81
- Other operating charges +€2,314
up €2,314 (+338.3%), from €684 to €2,997
- Financial charges -€1,200
down €1,200 (-41.8%), from €2,871 to €1,670
- Taxes +€437
new in 2025: €437
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.
Cash bridge derived
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 | €10,115 | €156,352 | +€146,237 | +1445.7% |
| Fixed assets | 21/28 | - | €101,870 | +€101,870 | |
| Intangible fixed assets | 21 | - | €99,945 | +€99,945 | |
| Tangible fixed assets | 22/27 | - | €1,925 | +€1,925 | |
| Furniture and vehicles | 24 | - | €1,925 | +€1,925 | |
| Current assets | 29/58 | €10,115 | €54,482 | +€44,367 | +438.6% |
| Amounts receivable within one year | 40/41 | €9,334 | €22,164 | +€12,830 | +137.5% |
| Trade receivables | 40 | €4,902 | €22,164 | +€17,262 | +352.1% |
| Other amounts receivable | 41 | €4,432 | - | -€4,432 | |
| Cash at bank and in hand | 54/58 | €781 | €31,422 | +€30,641 | +3922.8% |
| Deferred charges and accrued income | 490/1 | - | €896 | +€896 | |
| Total equity and liabilities | 10/49 | €10,115 | €156,352 | +€146,237 | +1445.7% |
| Equity | 10/15 | -€167,972 | -€172,439 | -€4,467 | -2.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,972 | -€182,439 | -€4,467 | -2.5% |
| Amounts payable | 17/49 | €178,087 | €328,791 | +€150,704 | +84.6% |
| Amounts payable after more than one year | 17 | €218 | - | -€218 | |
| Financial debts | 170/4 | €218 | - | -€218 | |
| Amounts payable within one year | 42/48 | €177,869 | €328,791 | +€150,922 | +84.9% |
| Current portion of amounts payable after more than one year | 42 | €9,395 | €218 | -€9,176 | -97.7% |
| Trade debts | 44 | €12,162 | €14,346 | +€2,184 | +18.0% |
| Suppliers | 440/4 | €12,162 | €14,346 | +€2,184 | +18.0% |
| Taxes, remuneration and social security | 45 | - | €7,114 | +€7,114 | |
| Taxes | 450/3 | - | €6,376 | +€6,376 | |
| Remuneration and social security | 454/9 | - | €739 | +€739 | |
| Other amounts payable | 47/48 | €156,312 | €307,113 | +€150,800 | +96.5% |
| Remuneration, social security and pensions | 62 | €10,162 | €81 | -€10,080 | -99.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €261 | +€261 | |
| Other operating charges | 640/8 | €684 | €2,997 | +€2,314 | +338.3% |
| Non-recurring operating charges | 66A | €36,370 | €553 | -€35,817 | -98.5% |
| Gross operating margin | 9900 | -€16,113 | €1,324 | +€17,437 | |
| Operating profit (loss) | 9901 | -€63,329 | -€2,569 | +€60,760 | +95.9% |
| Financial income | 75/76B | €155 | €209 | +€54 | +35.0% |
| Recurring financial income | 75 | €155 | €209 | +€54 | +35.0% |
| Financial charges | 65/66B | €2,871 | €1,670 | -€1,200 | -41.8% |
| Recurring financial charges | 65 | €2,871 | €1,670 | -€1,200 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | -€66,044 | -€4,030 | +€62,014 | +93.9% |
| Income taxes | 67/77 | - | €437 | +€437 | |
| Profit (loss) for the period | 9904 | -€66,044 | -€4,467 | +€61,577 | +93.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€66,044 | -€4,467 | +€61,577 | +93.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.