Kim Loosvelt: 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.
Kim Loosvelt
Largest movements
- Tangible fixed assets -€8,022
down €8,022 (-23.9%), from €33,504 to €25,483
of which Furniture and vehicles: -€5,838
- Receivables within one year -€5,729
down €5,729 (-73.6%), from €7,789 to €2,060
of which Trade receivables: -€5,638
- Cash +€2,131
up €2,131 (+20.1%), from €10,583 to €12,713
mainly Depreciation (+€8,543) and Receivables within one year (+€5,729)
- Deferred charges and accrued income +€578
up €578 (+78.4%), from €737 to €1,315
- Other debts -€10,786
down €10,786 (-93.9%), from €11,489 to €703
- Debts after one year -€5,176
down €5,176 (-34.0%), from €15,213 to €10,037
- Trade debts +€1,966
up €1,966 (+77.4%), from €2,541 to €4,507
- Profit (loss) carried forward +€1,838
up €1,838 (+90.9%), from -€2,022 to -€185
- Tax, wage and social debts +€959
up €959 (+1,044%), from €92 to €1,051
- Gross operating margin +€9,219
up €9,219 (+241%), from €3,833 to €13,052
- Depreciation +€4,318
up €4,318 (+102%), from €4,225 to €8,543
- Taxes +€959
up €959 (+1,428%), from €67 to €1,026
- Other operating charges +€276
up €276 (+65.6%), from €421 to €697
- Financial charges +€212
up €212 (+28.8%), from €736 to €948
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 | €54,338 | €42,972 | -€11,367 | -20.9% |
| Fixed assets | 21/28 | €34,149 | €26,128 | -€8,022 | -23.5% |
| Tangible fixed assets | 22/27 | €33,504 | €25,483 | -€8,022 | -23.9% |
| Land and buildings | 22 | €2,815 | €2,427 | -€388 | -13.8% |
| Plant, machinery and equipment | 23 | €1,800 | €5 | -€1,795 | -99.7% |
| Furniture and vehicles | 24 | €28,889 | €23,051 | -€5,838 | -20.2% |
| Financial fixed assets | 28 | €645 | €645 | = | 0.0% |
| Current assets | 29/58 | €20,189 | €16,844 | -€3,345 | -16.6% |
| Stocks and contracts in progress | 3 | €1,080 | €755 | -€325 | -30.1% |
| Stocks | 30/36 | €1,080 | €755 | -€325 | -30.1% |
| Amounts receivable within one year | 40/41 | €7,789 | €2,060 | -€5,729 | -73.6% |
| Trade receivables | 40 | €6,969 | €1,331 | -€5,638 | -80.9% |
| Other amounts receivable | 41 | €820 | €729 | -€91 | -11.1% |
| Cash at bank and in hand | 54/58 | €10,583 | €12,713 | +€2,131 | +20.1% |
| Deferred charges and accrued income | 490/1 | €737 | €1,315 | +€578 | +78.4% |
| Total equity and liabilities | 10/49 | €54,338 | €42,972 | -€11,367 | -20.9% |
| Equity | 10/15 | €19,397 | €21,235 | +€1,838 | +9.5% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €19,419 | €19,419 | = | 0.0% |
| Distributable reserves | 133 | €19,419 | €19,419 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,022 | -€185 | +€1,838 | +90.9% |
| Amounts payable | 17/49 | €34,941 | €21,737 | -€13,204 | -37.8% |
| Amounts payable after more than one year | 17 | €15,213 | €10,037 | -€5,176 | -34.0% |
| Financial debts | 170/4 | €15,213 | €10,037 | -€5,176 | -34.0% |
| Amounts payable within one year | 42/48 | €19,728 | €11,438 | -€8,291 | -42.0% |
| Current portion of amounts payable after more than one year | 42 | €5,606 | €5,176 | -€430 | -7.7% |
| Trade debts | 44 | €2,541 | €4,507 | +€1,966 | +77.4% |
| Suppliers | 440/4 | €2,541 | €4,507 | +€1,966 | +77.4% |
| Taxes, remuneration and social security | 45 | €92 | €1,051 | +€959 | +1,044% |
| Taxes | 450/3 | €92 | €1,051 | +€959 | +1,044% |
| Other amounts payable | 47/48 | €11,489 | €703 | -€10,786 | -93.9% |
| Accrued charges and deferred income | 492/3 | - | €263 | +€263 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,225 | €8,543 | +€4,318 | +102% |
| Other operating charges | 640/8 | €421 | €697 | +€276 | +65.6% |
| Gross operating margin | 9900 | €3,833 | €13,052 | +€9,219 | +241% |
| Operating profit (loss) | 9901 | -€813 | €3,812 | +€4,625 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €736 | €948 | +€212 | +28.8% |
| Recurring financial charges | 65 | €736 | €948 | +€212 | +28.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,548 | €2,864 | +€4,412 | |
| Income taxes | 67/77 | €67 | €1,026 | +€959 | +1,428% |
| Profit (loss) for the period | 9904 | -€1,616 | €1,838 | +€3,453 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,616 | €1,838 | +€3,453 |
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 30 October 2026 via checked.be.