LOISELET FRERES: what changed
What changed
LOISELET FRERES
NACE 41.001, General construction of residential buildings
filed annual accounts (NBB)
Net result for the year
€5,638
2024 · €177,204-€171,566
Equity
€474,100
2024 · €468,462+€5,638
Cash
€318,757
2024 · €432,867-€114,110
Balance sheet total
€1.2m
2024 · €1.2m-€48,476
Largest movements
Assets
- Cash -€114,110
down €114,110 (-26.4%), from €432,867 to €318,757
mainly Investment in fixed assets (net) (-€79,824) and Receivables within one year (-€39,127)
- Receivables within one year +€39,127
up €39,127 (+1,190%), from €3,288 to €42,414
of which Other amounts receivable: +€41,067
- Tangible fixed assets +€27,399
up €27,399 (+4.5%), from €604,185 to €631,584
of which Furniture and vehicles: +€53,765
Equity and liabilities
- Debts after one year -€34,914
down €34,914 (-15.4%), from €226,671 to €191,757
- Other debts -€26,634
down €26,634 (-5.4%), from €489,994 to €463,361
Income statement
- Gross operating margin -€155,162
down €155,162 (-69.2%), from €224,351 to €69,189
- Depreciation +€16,842
up €16,842 (+47.1%), from €35,753 to €52,595
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.
Result 2024
€177,204
Gross operating margin
-€155,162
Depreciation
-€16,842
Other operating charges
-€1,219
Financial income
+€260
Financial charges
+€2,156
Taxes
-€758
Result 2025
€5,638
raises the resultlowers the result
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.
From operations
+€48
Investment
-€79,824
Financing
-€34,334
Cash 2024
€432,867
From operations (derived)
+€48
Net result for the year
+€5,638
Depreciation
+€52,595
Receivables within one year
-€39,127
Deferred charges and accrued income
+€722
Trade debts
+€3,354
Tax, wage and social debts
+€3,499
Other debts
-€26,634
Investment (derived)
-€79,824
Investment in fixed assets (net)
-€79,824
Financing
-€34,334
Debts after one year
-€34,914
Current portion of long-term debt
+€580
Cash 2025
€318,757
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,224,214 | €1,175,738 | -€48,476 | -4.0% |
| Fixed assets | 21/28 | €612,546 | €639,775 | +€27,229 | +4.4% |
| Intangible fixed assets | 21 | €1,530 | €1,360 | -€170 | -11.1% |
| Tangible fixed assets | 22/27 | €604,185 | €631,584 | +€27,399 | +4.5% |
| Land and buildings | 22 | €573,233 | €546,430 | -€26,803 | -4.7% |
| Plant, machinery and equipment | 23 | - | €437 | +€437 | |
| Furniture and vehicles | 24 | €30,952 | €84,717 | +€53,765 | +174% |
| Financial fixed assets | 28 | €6,832 | €6,832 | = | 0.0% |
| Current assets | 29/58 | €611,668 | €535,962 | -€75,705 | -12.4% |
| Stocks and contracts in progress | 3 | €173,179 | €173,179 | = | 0.0% |
| Stocks | 30/36 | €173,179 | €173,179 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,288 | €42,414 | +€39,127 | +1,190% |
| Trade receivables | 40 | €1,941 | - | -€1,941 | |
| Other amounts receivable | 41 | €1,347 | €42,414 | +€41,067 | +3,049% |
| Cash at bank and in hand | 54/58 | €432,867 | €318,757 | -€114,110 | -26.4% |
| Deferred charges and accrued income | 490/1 | €2,334 | €1,612 | -€722 | -30.9% |
| Total equity and liabilities | 10/49 | €1,224,214 | €1,175,738 | -€48,476 | -4.0% |
| Equity | 10/15 | €468,462 | €474,100 | +€5,638 | +1.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €146,167 | €146,167 | = | 0.0% |
| Non-distributable reserves | 130/1 | €29,747 | €29,747 | = | 0.0% |
| Other | 1319 | €29,747 | €29,747 | = | 0.0% |
| Tax-exempt reserves | 132 | €14,006 | €14,006 | = | 0.0% |
| Distributable reserves | 133 | €102,413 | €102,413 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€177,705 | -€172,066 | +€5,638 | +3.2% |
| Amounts payable | 17/49 | €755,752 | €701,638 | -€54,115 | -7.2% |
| Amounts payable after more than one year | 17 | €226,671 | €191,757 | -€34,914 | -15.4% |
| Financial debts | 170/4 | €226,671 | €191,757 | -€34,914 | -15.4% |
| Amounts payable within one year | 42/48 | €529,081 | €509,881 | -€19,201 | -3.6% |
| Current portion of amounts payable after more than one year | 42 | €34,334 | €34,914 | +€580 | +1.7% |
| Trade debts | 44 | €2,322 | €5,676 | +€3,354 | +144% |
| Suppliers | 440/4 | €2,322 | €5,676 | +€3,354 | +144% |
| Taxes, remuneration and social security | 45 | €2,431 | €5,930 | +€3,499 | +144% |
| Taxes | 450/3 | €2,431 | €5,930 | +€3,499 | +144% |
| Other amounts payable | 47/48 | €489,994 | €463,361 | -€26,634 | -5.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,753 | €52,595 | +€16,842 | +47.1% |
| Other operating charges | 640/8 | €6,551 | €7,770 | +€1,219 | +18.6% |
| Gross operating margin | 9900 | €224,351 | €69,189 | -€155,162 | -69.2% |
| Operating profit (loss) | 9901 | €182,047 | €8,824 | -€173,223 | -95.2% |
| Financial income | 75/76B | €4,914 | €5,174 | +€260 | +5.3% |
| Recurring financial income | 75 | €4,914 | €5,174 | +€260 | +5.3% |
| Financial charges | 65/66B | €7,017 | €4,861 | -€2,156 | -30.7% |
| Recurring financial charges | 65 | €7,017 | €4,861 | -€2,156 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €179,944 | €9,137 | -€170,807 | -94.9% |
| Income taxes | 67/77 | €2,740 | €3,499 | +€758 | +27.7% |
| Profit (loss) for the period | 9904 | €177,204 | €5,638 | -€171,566 | -96.8% |
| Profit (loss) for the period to be appropriated | 9905 | €177,204 | €5,638 | -€171,566 | -96.8% |
Next steps
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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 4 November 2026 via checked.be.