LOIC MONTEIRO AVOCAT: what changed
LOIC MONTEIRO AVOCAT
Largest movements
- Receivables within one year +€17,174
up €17,174 (+25.7%), from €66,907 to €84,081
of which Other amounts receivable: +€15,642
- Cash +€13,769
up €13,769 (+245%), from €5,622 to €19,392
mainly Current portion of long-term debt (+€15,197) and Depreciation (+€13,033)
- Tangible fixed assets -€13,033
down €13,033 (-40.5%), from €32,146 to €19,112
of which Furniture and vehicles: -€12,212
- Current portion of long-term debt +€15,197
up €15,197 (+101%), from €15,103 to €30,301
- Tax, wage and social debts +€5,572
up €5,572 (+37.0%), from €15,057 to €20,629
of which Taxes: +€3,322
- Debts after one year -€5,301
down €5,301 (-13.4%), from €39,531 to €34,230
- Reserves +€3,000
up €3,000 (+7.3%), from €41,000 to €44,000
- Short-term financial debts -€2,319
down €2,319 (-80.9%), from €2,865 to €546
- Gross operating margin -€15,753
down €15,753 (-46.0%), from €34,228 to €18,476
- Taxes -€2,341
down €2,341 (-45.0%), from €5,199 to €2,859
- Financial income +€2,166
up €2,166 (+143%), from €1,516 to €3,681
- Financial charges -€1,126
down €1,126 (-28.0%), from €4,019 to €2,892
- Depreciation +€364
up €364 (+2.9%), from €12,670 to €13,033
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 | €120,095 | €138,004 | +€17,910 | +14.9% |
| Fixed assets | 21/28 | €47,146 | €34,112 | -€13,033 | -27.6% |
| Tangible fixed assets | 22/27 | €32,146 | €19,112 | -€13,033 | -40.5% |
| Furniture and vehicles | 24 | €24,369 | €12,157 | -€12,212 | -50.1% |
| Other tangible fixed assets | 26 | €7,777 | €6,955 | -€822 | -10.6% |
| Financial fixed assets | 28 | €15,000 | €15,000 | = | 0.0% |
| Current assets | 29/58 | €72,949 | €103,892 | +€30,943 | +42.4% |
| Amounts receivable within one year | 40/41 | €66,907 | €84,081 | +€17,174 | +25.7% |
| Trade receivables | 40 | €14,544 | €16,075 | +€1,531 | +10.5% |
| Other amounts receivable | 41 | €52,363 | €68,006 | +€15,642 | +29.9% |
| Cash at bank and in hand | 54/58 | €5,622 | €19,392 | +€13,769 | +245% |
| Deferred charges and accrued income | 490/1 | €420 | €420 | = | 0.0% |
| Total equity and liabilities | 10/49 | €120,095 | €138,004 | +€17,910 | +14.9% |
| Equity | 10/15 | €47,539 | €50,685 | +€3,146 | +6.6% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €41,000 | €44,000 | +€3,000 | +7.3% |
| Distributable reserves | 133 | €41,000 | €44,000 | +€3,000 | +7.3% |
| Profit (loss) carried forward | 14 | €539 | €685 | +€146 | +27.1% |
| Amounts payable | 17/49 | €72,556 | €87,320 | +€14,764 | +20.3% |
| Amounts payable after more than one year | 17 | €39,531 | €34,230 | -€5,301 | -13.4% |
| Financial debts | 170/4 | €39,531 | €34,230 | -€5,301 | -13.4% |
| Amounts payable within one year | 42/48 | €33,026 | €52,767 | +€19,742 | +59.8% |
| Current portion of amounts payable after more than one year | 42 | €15,103 | €30,301 | +€15,197 | +101% |
| Financial debts | 43 | €2,865 | €546 | -€2,319 | -80.9% |
| Credit institutions | 430/8 | €2,865 | €546 | -€2,319 | -80.9% |
| Trade debts | 44 | - | €1,291 | +€1,291 | |
| Suppliers | 440/4 | - | €1,291 | +€1,291 | |
| Taxes, remuneration and social security | 45 | €15,057 | €20,629 | +€5,572 | +37.0% |
| Taxes | 450/3 | €15,057 | €18,379 | +€3,322 | +22.1% |
| Remuneration and social security | 454/9 | - | €2,250 | +€2,250 | |
| Accrued charges and deferred income | 492/3 | - | €323 | +€323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,670 | €13,033 | +€364 | +2.9% |
| Other operating charges | 640/8 | €382 | €227 | -€155 | -40.6% |
| Gross operating margin | 9900 | €34,228 | €18,476 | -€15,753 | -46.0% |
| Operating profit (loss) | 9901 | €21,177 | €5,215 | -€15,961 | -75.4% |
| Financial income | 75/76B | €1,516 | €3,681 | +€2,166 | +143% |
| Recurring financial income | 75 | €1,516 | €3,681 | +€2,166 | +143% |
| Financial charges | 65/66B | €4,019 | €2,892 | -€1,126 | -28.0% |
| Recurring financial charges | 65 | €4,019 | €2,892 | -€1,126 | -28.0% |
| Profit (loss) for the period before taxes | 9903 | €18,674 | €6,004 | -€12,670 | -67.8% |
| Income taxes | 67/77 | €5,199 | €2,859 | -€2,341 | -45.0% |
| Profit (loss) for the period | 9904 | €13,475 | €3,146 | -€10,329 | -76.7% |
| Profit (loss) for the period to be appropriated | 9905 | €13,475 | €3,146 | -€10,329 | -76.7% |
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 2 November 2026 via checked.be.