LOANCO: 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.
LOANCO
Largest movements
- Receivables within one year +€43,046
up €43,046 (+433%), from €9,941 to €52,987
of which Trade receivables: +€47,100
- Tangible fixed assets -€39,022
no longer reported in 2025 (was €39,022)
- Cash +€9,293
up €9,293 (+32.2%), from €28,856 to €38,149
mainly Investment in fixed assets (net) (+€39,022) and Other debts (+€7,652)
- Deferred charges and accrued income -€2,703
down €2,703 (-90.5%), from €2,988 to €285
- Other debts +€7,652
up €7,652 (+47.9%), from €15,963 to €23,615
- Trade debts +€2,289
up €2,289 (+8,771%), from €26 to €2,315
- Tax, wage and social debts +€1,793
up €1,793 (+95.5%), from €1,876 to €3,669
- Reserves -€1,120
down €1,120 (-2.0%), from €56,742 to €55,622
- Other operating charges +€21,434
up €21,434 (+1,007%), from €2,129 to €23,563
- Gross operating margin +€5,883
up €5,883 (+31.2%), from €18,863 to €24,746
- Depreciation -€4,136
no longer reported in 2025 (was €4,136)
- Taxes -€2,740
down €2,740 (-56.2%), from €4,874 to €2,134
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 | €80,807 | €91,421 | +€10,614 | +13.1% |
| Fixed assets | 21/28 | €39,022 | - | -€39,022 | |
| Tangible fixed assets | 22/27 | €39,022 | - | -€39,022 | |
| Furniture and vehicles | 24 | €39,022 | - | -€39,022 | |
| Current assets | 29/58 | €41,785 | €91,421 | +€49,636 | +119% |
| Amounts receivable within one year | 40/41 | €9,941 | €52,987 | +€43,046 | +433% |
| Trade receivables | 40 | €3,020 | €50,120 | +€47,100 | +1,559% |
| Other amounts receivable | 41 | €6,920 | €2,866 | -€4,054 | -58.6% |
| Cash at bank and in hand | 54/58 | €28,856 | €38,149 | +€9,293 | +32.2% |
| Deferred charges and accrued income | 490/1 | €2,988 | €285 | -€2,703 | -90.5% |
| Total equity and liabilities | 10/49 | €80,807 | €91,421 | +€10,614 | +13.1% |
| Equity | 10/15 | €62,942 | €61,822 | -€1,120 | -1.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €56,742 | €55,622 | -€1,120 | -2.0% |
| Distributable reserves | 133 | €56,742 | €55,622 | -€1,120 | -2.0% |
| Amounts payable | 17/49 | €17,865 | €29,599 | +€11,734 | +65.7% |
| Amounts payable within one year | 42/48 | €17,865 | €29,599 | +€11,734 | +65.7% |
| Trade debts | 44 | €26 | €2,315 | +€2,289 | +8,771% |
| Suppliers | 440/4 | €26 | €2,315 | +€2,289 | +8,771% |
| Taxes, remuneration and social security | 45 | €1,876 | €3,669 | +€1,793 | +95.5% |
| Taxes | 450/3 | €1,876 | €3,669 | +€1,793 | +95.5% |
| Other amounts payable | 47/48 | €15,963 | €23,615 | +€7,652 | +47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,136 | - | -€4,136 | |
| Other operating charges | 640/8 | €2,129 | €23,563 | +€21,434 | +1,007% |
| Non-recurring operating charges | 66A | €800 | - | -€800 | |
| Gross operating margin | 9900 | €18,863 | €24,746 | +€5,883 | +31.2% |
| Operating profit (loss) | 9901 | €11,797 | €1,182 | -€10,615 | -90.0% |
| Financial income | 75/76B | €1 | €1 | -€0 | -26.8% |
| Recurring financial income | 75 | €1 | €1 | -€0 | -26.8% |
| Financial charges | 65/66B | €137 | €170 | +€33 | +23.7% |
| Recurring financial charges | 65 | €137 | €170 | +€33 | +23.7% |
| Profit (loss) for the period before taxes | 9903 | €11,661 | €1,014 | -€10,648 | -91.3% |
| Income taxes | 67/77 | €4,874 | €2,134 | -€2,740 | -56.2% |
| Profit (loss) for the period | 9904 | €6,788 | -€1,120 | -€7,908 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,788 | -€1,120 | -€7,908 |
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 20 October 2026 via checked.be.