LOODS 13: 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.
LOODS 13
Largest movements
- Tangible fixed assets -€27,400
down €27,400 (-3.7%), from €731,454 to €704,054
- Cash -€17,310
down €17,310 (-10.3%), from €168,704 to €151,394
mainly Debts after one year (-€101,657) and Receivables within one year (-€3,270)
- Debts after one year -€101,657
down €101,657 (-63.7%), from €159,550 to €57,893
of which Financial debts: -€101,657
- Reserves +€57,832
up €57,832 (+11.3%), from €512,954 to €570,786
of which Distributable reserves: +€57,832
- Gross operating margin -€23,371
down €23,371 (-14.9%), from €156,399 to €133,029
- Taxes -€5,576
down €5,576 (-22.4%), from €24,853 to €19,277
- Financial charges -€2,051
down €2,051 (-28.2%), from €7,270 to €5,218
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 | €904,034 | €862,594 | -€41,440 | -4.6% |
| Fixed assets | 21/28 | €731,454 | €704,054 | -€27,400 | -3.7% |
| Tangible fixed assets | 22/27 | €731,454 | €704,054 | -€27,400 | -3.7% |
| Land and buildings | 22 | €731,454 | €704,054 | -€27,400 | -3.7% |
| Current assets | 29/58 | €172,581 | €158,541 | -€14,040 | -8.1% |
| Amounts receivable within one year | 40/41 | €3,876 | €7,147 | +€3,270 | +84.4% |
| Trade receivables | 40 | €0 | €761 | +€761 | |
| Other amounts receivable | 41 | €3,876 | €6,385 | +€2,509 | +64.7% |
| Cash at bank and in hand | 54/58 | €168,704 | €151,394 | -€17,310 | -10.3% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €904,034 | €862,594 | -€41,440 | -4.6% |
| Equity | 10/15 | €644,954 | €702,786 | +€57,832 | +9.0% |
| Contributions | 10/11 | €132,000 | €132,000 | = | 0.0% |
| Capital | 10 | €132,000 | €132,000 | = | 0.0% |
| Issued capital | 100 | €132,000 | €132,000 | = | 0.0% |
| Reserves | 13 | €512,954 | €570,786 | +€57,832 | +11.3% |
| Non-distributable reserves | 130/1 | €13,200 | €13,200 | = | 0.0% |
| Legal reserve | 130 | €13,200 | €13,200 | = | 0.0% |
| Distributable reserves | 133 | €499,754 | €557,586 | +€57,832 | +11.6% |
| Amounts payable | 17/49 | €259,080 | €159,809 | -€99,272 | -38.3% |
| Amounts payable after more than one year | 17 | €159,550 | €57,893 | -€101,657 | -63.7% |
| Financial debts | 170/4 | €153,300 | €51,643 | -€101,657 | -66.3% |
| Other amounts payable | 178/9 | €6,250 | €6,250 | = | 0.0% |
| Amounts payable within one year | 42/48 | €99,530 | €101,916 | +€2,385 | +2.4% |
| Current portion of amounts payable after more than one year | 42 | €99,522 | €101,657 | +€2,135 | +2.1% |
| Trade debts | 44 | €0 | €259 | +€259 | |
| Suppliers | 440/4 | €0 | €259 | +€259 | |
| Taxes, remuneration and social security | 45 | €9 | €0 | -€9 | -100.0% |
| Taxes | 450/3 | €9 | €0 | -€9 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,400 | €27,400 | = | 0.0% |
| Other operating charges | 640/8 | €22,317 | €23,302 | +€985 | +4.4% |
| Gross operating margin | 9900 | €156,399 | €133,029 | -€23,371 | -14.9% |
| Operating profit (loss) | 9901 | €106,683 | €82,327 | -€24,356 | -22.8% |
| Financial charges | 65/66B | €7,270 | €5,218 | -€2,051 | -28.2% |
| Recurring financial charges | 65 | €7,270 | €5,218 | -€2,051 | -28.2% |
| Profit (loss) for the period before taxes | 9903 | €99,413 | €77,109 | -€22,304 | -22.4% |
| Income taxes | 67/77 | €24,853 | €19,277 | -€5,576 | -22.4% |
| Profit (loss) for the period | 9904 | €74,560 | €57,832 | -€16,728 | -22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €74,560 | €57,832 | -€16,728 | -22.4% |
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 4 October 2026 via checked.be.