J.J. LOOZE: 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.
J.J. LOOZE
Largest movements
- Cash +€19,831
up €19,831 (+5.5%), from €358,153 to €377,984
mainly Net result for the year (+€33,528) and Depreciation (+€9,035)
- Tangible fixed assets -€9,035
down €9,035 (-50.7%), from €17,813 to €8,778
- Profit (loss) carried forward +€33,528
up €33,528 (+9.4%), from €358,480 to €392,008
- Provisions -€20,000
down €20,000 (-50.0%), from €40,000 to €20,000
- Gross operating margin -€39,417
down €39,417 (-31.5%), from €125,190 to €85,773
- Provisions -€20,000
new in 2025: -€20,000
- Staff costs +€13,382
up €13,382 (+31.3%), from €42,776 to €56,158
- Taxes -€3,407
down €3,407 (-28.8%), from €11,822 to €8,415
- Depreciation -€3,255
down €3,255 (-26.5%), from €12,290 to €9,035
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 | €493,150 | €505,258 | +€12,108 | +2.5% |
| Fixed assets | 21/28 | €17,951 | €8,916 | -€9,035 | -50.3% |
| Tangible fixed assets | 22/27 | €17,813 | €8,778 | -€9,035 | -50.7% |
| Plant, machinery and equipment | 23 | €10,741 | €7,388 | -€3,353 | -31.2% |
| Furniture and vehicles | 24 | €3,878 | - | -€3,878 | |
| Other tangible fixed assets | 26 | €3,193 | €1,390 | -€1,803 | -56.5% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €475,199 | €496,342 | +€21,143 | +4.4% |
| Stocks and contracts in progress | 3 | €50,337 | €53,047 | +€2,710 | +5.4% |
| Stocks | 30/36 | €50,337 | €53,047 | +€2,710 | +5.4% |
| Amounts receivable within one year | 40/41 | €64,565 | €62,208 | -€2,357 | -3.7% |
| Trade receivables | 40 | €64,565 | €62,208 | -€2,357 | -3.7% |
| Cash at bank and in hand | 54/58 | €358,153 | €377,984 | +€19,831 | +5.5% |
| Deferred charges and accrued income | 490/1 | €2,145 | €3,103 | +€958 | +44.7% |
| Total equity and liabilities | 10/49 | €493,150 | €505,258 | +€12,108 | +2.5% |
| Equity | 10/15 | €403,862 | €437,390 | +€33,528 | +8.3% |
| Contributions | 10/11 | €20,593 | €18,734 | -€1,859 | -9.0% |
| Contributions outside capital | 11 | €20,593 | - | -€20,593 | |
| Other | 1109/19 | €20,593 | - | -€20,593 | |
| Reserves | 13 | €24,789 | €26,648 | +€1,859 | +7.5% |
| Distributable reserves | 133 | €24,789 | €26,648 | +€1,859 | +7.5% |
| Profit (loss) carried forward | 14 | €358,480 | €392,008 | +€33,528 | +9.4% |
| Provisions and deferred taxes | 16 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Provisions for liabilities and charges | 160/5 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Environmental obligations | 163 | €40,000 | €20,000 | -€20,000 | -50.0% |
| Amounts payable | 17/49 | €49,287 | €47,868 | -€1,420 | -2.9% |
| Amounts payable within one year | 42/48 | €49,287 | €47,868 | -€1,420 | -2.9% |
| Trade debts | 44 | €36,396 | €37,153 | +€757 | +2.1% |
| Suppliers | 440/4 | €36,396 | €37,153 | +€757 | +2.1% |
| Taxes, remuneration and social security | 45 | €12,269 | €10,092 | -€2,177 | -17.7% |
| Taxes | 450/3 | €4,970 | €6,095 | +€1,125 | +22.6% |
| Remuneration and social security | 454/9 | €7,299 | €3,997 | -€3,302 | -45.2% |
| Other amounts payable | 47/48 | €622 | €622 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €42,776 | €56,158 | +€13,382 | +31.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,290 | €9,035 | -€3,255 | -26.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€20,000 | -€20,000 | |
| Other operating charges | 640/8 | €754 | €649 | -€105 | -13.9% |
| Gross operating margin | 9900 | €125,190 | €85,773 | -€39,417 | -31.5% |
| Operating profit (loss) | 9901 | €69,370 | €39,931 | -€29,438 | -42.4% |
| Financial income | 75/76B | €413 | €2,873 | +€2,461 | +596% |
| Recurring financial income | 75 | €413 | €2,873 | +€2,461 | +596% |
| Financial charges | 65/66B | €1,443 | €861 | -€581 | -40.3% |
| Recurring financial charges | 65 | €1,443 | €861 | -€581 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | €68,339 | €41,943 | -€26,396 | -38.6% |
| Income taxes | 67/77 | €11,822 | €8,415 | -€3,407 | -28.8% |
| Profit (loss) for the period | 9904 | €56,518 | €33,528 | -€22,990 | -40.7% |
| Profit (loss) for the period to be appropriated | 9905 | €56,518 | €33,528 | -€22,990 | -40.7% |
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 18 October 2026 via checked.be.