LE LOUVRE: 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.
LE LOUVRE
Largest movements
- Tangible fixed assets -€17,220
down €17,220 (-3.3%), from €517,363 to €500,143
- Debts after one year -€19,722
down €19,722 (-3.8%), from €522,078 to €502,356
- Current portion of long-term debt +€7,016
up €7,016 (+46.9%), from €14,950 to €21,966
- Other debts -€6,895
down €6,895 (-16.6%), from €41,606 to €34,712
- Gross operating margin +€11,359
up €11,359 (+48.2%), from €23,584 to €34,944
- Financial charges -€4,283
down €4,283 (-26.8%), from €15,960 to €11,677
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 | €518,589 | €502,954 | -€15,636 | -3.0% |
| Fixed assets | 21/28 | €517,363 | €500,143 | -€17,220 | -3.3% |
| Tangible fixed assets | 22/27 | €517,363 | €500,143 | -€17,220 | -3.3% |
| Land and buildings | 22 | €517,363 | €500,143 | -€17,220 | -3.3% |
| Current assets | 29/58 | €1,226 | €2,811 | +€1,584 | +129% |
| Amounts receivable within one year | 40/41 | - | €350 | +€350 | |
| Other amounts receivable | 41 | - | €350 | +€350 | |
| Cash at bank and in hand | 54/58 | €1,226 | €2,461 | +€1,234 | +101% |
| Total equity and liabilities | 10/49 | €518,589 | €502,954 | -€15,636 | -3.0% |
| Equity | 10/15 | -€62,638 | -€59,433 | +€3,205 | +5.1% |
| Contributions | 10/11 | €3,750 | €3,750 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,388 | -€63,183 | +€3,205 | +4.8% |
| Amounts payable | 17/49 | €581,228 | €562,387 | -€18,841 | -3.2% |
| Amounts payable after more than one year | 17 | €522,078 | €502,356 | -€19,722 | -3.8% |
| Financial debts | 170/4 | €522,078 | €502,356 | -€19,722 | -3.8% |
| Amounts payable within one year | 42/48 | €59,150 | €60,031 | +€881 | +1.5% |
| Current portion of amounts payable after more than one year | 42 | €14,950 | €21,966 | +€7,016 | +46.9% |
| Trade debts | 44 | €2,594 | €3,354 | +€760 | +29.3% |
| Suppliers | 440/4 | €2,594 | €3,354 | +€760 | +29.3% |
| Other amounts payable | 47/48 | €41,606 | €34,712 | -€6,895 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,535 | €17,220 | -€315 | -1.8% |
| Other operating charges | 640/8 | €2,775 | €2,842 | +€67 | +2.4% |
| Gross operating margin | 9900 | €23,584 | €34,944 | +€11,359 | +48.2% |
| Operating profit (loss) | 9901 | €3,274 | €14,882 | +€11,608 | +354% |
| Financial charges | 65/66B | €15,960 | €11,677 | -€4,283 | -26.8% |
| Recurring financial charges | 65 | €15,960 | €11,677 | -€4,283 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,686 | €3,205 | +€15,891 | |
| Profit (loss) for the period | 9904 | -€12,686 | €3,205 | +€15,891 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,686 | €3,205 | +€15,891 |
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 15 October 2026 via checked.be.