LOAY: 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.
LOAY
Largest movements
- Cash +€15,278
up €15,278 (+807.8%), from €1,891 to €17,169
mainly Net result for the year (+€12,263) and Receivables within one year (+€3,094)
- Receivables within one year -€3,094
down €3,094 (-80.7%), from €3,836 to €742
- Tangible fixed assets -€646
down €646 (-21.8%), from €2,967 to €2,321
- Intangible fixed assets -€337
no longer reported in 2025 (was €337)
- Profit (loss) carried forward +€12,263
up €12,263 (+55.5%), from -€22,107 to -€9,844
- Other debts -€1,008
down €1,008 (-12.3%), from €8,196 to €7,188
- Trade debts -€818
down €818 (-4.1%), from €19,815 to €18,997
- Tax, wage and social debts +€763
up €763 (+35.9%), from €2,127 to €2,890
of which Remuneration and social security: +€1,401
- Turnover -€59,162
no longer reported in 2025 (was €59,162)
- Gross operating margin +€35,502
up €35,502, from -€3,330 to €32,171
- Purchases and services -€2,774
down €2,774 (-4.4%), from €62,493 to €59,719
- Staff costs +€1,235
up €1,235 (+23.0%), from €5,368 to €6,602
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 | €9,031 | €20,232 | +€11,201 | +124.0% |
| Fixed assets | 21/28 | €3,304 | €2,321 | -€983 | -29.8% |
| Intangible fixed assets | 21 | €337 | - | -€337 | |
| Tangible fixed assets | 22/27 | €2,967 | €2,321 | -€646 | -21.8% |
| Plant, machinery and equipment | 23 | €2,967 | €2,321 | -€646 | -21.8% |
| Current assets | 29/58 | €5,727 | €17,911 | +€12,184 | +212.7% |
| Amounts receivable within one year | 40/41 | €3,836 | €742 | -€3,094 | -80.7% |
| Trade receivables | 40 | €3,836 | €742 | -€3,094 | -80.7% |
| Cash at bank and in hand | 54/58 | €1,891 | €17,169 | +€15,278 | +807.8% |
| Total equity and liabilities | 10/49 | €9,031 | €20,232 | +€11,201 | +124.0% |
| Equity | 10/15 | -€21,107 | -€8,844 | +€12,263 | +58.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,107 | -€9,844 | +€12,263 | +55.5% |
| Amounts payable | 17/49 | €30,138 | €29,076 | -€1,062 | -3.5% |
| Amounts payable within one year | 42/48 | €30,138 | €29,076 | -€1,062 | -3.5% |
| Trade debts | 44 | €19,815 | €18,997 | -€818 | -4.1% |
| Suppliers | 440/4 | €19,815 | €18,997 | -€818 | -4.1% |
| Taxes, remuneration and social security | 45 | €2,127 | €2,890 | +€763 | +35.9% |
| Taxes | 450/3 | €2,127 | €1,489 | -€637 | -30.0% |
| Remuneration and social security | 454/9 | - | €1,401 | +€1,401 | |
| Other amounts payable | 47/48 | €8,196 | €7,188 | -€1,008 | -12.3% |
| Turnover | 70 | €59,162 | - | -€59,162 | |
| Goods, raw materials, services and sundry goods | 60/61 | €62,493 | €59,719 | -€2,774 | -4.4% |
| Remuneration, social security and pensions | 62 | €5,368 | €6,602 | +€1,235 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,349 | €2,206 | -€144 | -6.1% |
| Other operating charges | 640/8 | €261 | €742 | +€481 | +184.6% |
| Non-recurring operating charges | 66A | - | €10,000 | +€10,000 | |
| Gross operating margin | 9900 | -€3,330 | €32,171 | +€35,502 | |
| Operating profit (loss) | 9901 | -€11,308 | €12,621 | +€23,929 | |
| Financial charges | 65/66B | €510 | €5 | -€505 | -99.0% |
| Recurring financial charges | 65 | €510 | €5 | -€505 | -99.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,818 | €12,616 | +€24,434 | |
| Income taxes | 67/77 | - | €353 | +€353 | |
| Profit (loss) for the period | 9904 | -€11,818 | €12,263 | +€24,080 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,818 | €12,263 | +€24,080 |
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.