LOIC FIRM: what changed
LOIC FIRM
Largest movements
- Receivables within one year -€82,677
down €82,677 (-55.7%), from €148,395 to €65,718
of which Other amounts receivable: -€71,147
- Tangible fixed assets -€28,998
down €28,998 (-8.7%), from €333,372 to €304,374
of which Land and buildings: -€25,919
- Other debts -€87,561
no longer reported in 2025 (was €87,561)
- Profit (loss) carried forward -€18,549
down €18,549 (-10.7%), from €174,080 to €155,531
- Gross operating margin -€25,172
down €25,172 (-63.6%), from €39,582 to €14,410
- Depreciation +€1,678
up €1,678 (+6.1%), from €27,320 to €28,998
- Other operating charges +€1,231
up €1,231 (+48.3%), from €2,549 to €3,780
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €481,872 | €374,246 | -€107,626 | -22.3% |
| Fixed assets | 21/28 | €333,372 | €304,374 | -€28,998 | -8.7% |
| Tangible fixed assets | 22/27 | €333,372 | €304,374 | -€28,998 | -8.7% |
| Land and buildings | 22 | €321,080 | €295,161 | -€25,919 | -8.1% |
| Plant, machinery and equipment | 23 | €9,244 | €6,313 | -€2,931 | -31.7% |
| Furniture and vehicles | 24 | €148 | - | -€148 | |
| Other tangible fixed assets | 26 | €2,900 | €2,900 | = | 0.0% |
| Current assets | 29/58 | €148,500 | €69,872 | -€78,628 | -52.9% |
| Amounts receivable within one year | 40/41 | €148,395 | €65,718 | -€82,677 | -55.7% |
| Trade receivables | 40 | €11,580 | €50 | -€11,530 | -99.6% |
| Other amounts receivable | 41 | €136,815 | €65,668 | -€71,147 | -52.0% |
| Current investments | 50/53 | €105 | - | -€105 | |
| Cash at bank and in hand | 54/58 | - | €4,154 | +€4,154 | |
| Total equity and liabilities | 10/49 | €481,872 | €374,246 | -€107,626 | -22.3% |
| Equity | 10/15 | €391,421 | €372,872 | -€18,549 | -4.7% |
| Contributions | 10/11 | €202,812 | €202,812 | = | 0.0% |
| Reserves | 13 | €14,529 | €14,529 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,529 | €14,529 | = | 0.0% |
| Reserves not available under the articles | 1311 | €14,529 | €14,529 | = | 0.0% |
| Profit (loss) carried forward | 14 | €174,080 | €155,531 | -€18,549 | -10.7% |
| Amounts payable | 17/49 | €90,451 | €1,374 | -€89,077 | -98.5% |
| Amounts payable within one year | 42/48 | €90,451 | €1,374 | -€89,077 | -98.5% |
| Trade debts | 44 | €292 | €321 | +€29 | +9.9% |
| Suppliers | 440/4 | €292 | €321 | +€29 | +9.9% |
| Taxes, remuneration and social security | 45 | €2,598 | €1,053 | -€1,545 | -59.5% |
| Taxes | 450/3 | €2,598 | €1,053 | -€1,545 | -59.5% |
| Other amounts payable | 47/48 | €87,561 | - | -€87,561 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,320 | €28,998 | +€1,678 | +6.1% |
| Other operating charges | 640/8 | €2,549 | €3,780 | +€1,231 | +48.3% |
| Gross operating margin | 9900 | €39,582 | €14,410 | -€25,172 | -63.6% |
| Operating profit (loss) | 9901 | €9,713 | -€18,368 | -€28,081 | |
| Financial charges | 65/66B | €86 | €181 | +€95 | +110% |
| Recurring financial charges | 65 | €86 | €181 | +€95 | +110% |
| Profit (loss) for the period before taxes | 9903 | €9,627 | -€18,549 | -€28,176 | |
| Profit (loss) for the period | 9904 | €9,627 | -€18,549 | -€28,176 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,627 | -€18,549 | -€28,176 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.