LOONBEHEER: what changed
Two financial 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.
What changed
LOONBEHEER
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€247,777
2024 · €327,342-€79,565
Equity
€3.1m
2024 · €2.8m+€247,777
Cash
€705,399
2024 · €738,201-€32,803
Balance sheet total
€8.6m
2024 · €7.0m+€1.6m
Largest movements
Assets
- Tangible fixed assets +€1.9m
up €1.9m (+42.4%), from €4.5m to €6.4m
of which Land and buildings: +€1.8m
- Receivables within one year -€235,433
down €235,433 (-23.5%), from €1.0m to €766,189
of which Other amounts receivable: -€336,109
Equity and liabilities
- Debts after one year +€1.7m
up €1.7m (+65.8%), from €2.6m to €4.2m
- Short-term financial debts -€300,000
down €300,000 (-100%), from €300,000 to €0
- Reserves +€247,777
up €247,777 (+9.0%), from €2.7m to €3.0m
of which Distributable reserves: +€255,258
- Trade debts -€140,688
down €140,688 (-20.3%), from €691,916 to €551,228
- Current portion of long-term debt +€122,514
up €122,514 (+43.1%), from €284,348 to €406,862
Income statement
- Gross operating margin +€133,674
up €133,674 (+6.4%), from €2.1m to €2.2m
- Staff costs +€113,669
up €113,669 (+8.6%), from €1.3m to €1.4m
- Financial charges +€50,058
up €50,058 (+50.7%), from €98,655 to €148,713
- Depreciation +€43,809
up €43,809 (+15.8%), from €277,474 to €321,283
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.
Result 2024
€327,342
Gross operating margin
+€133,674
Staff costs
-€113,669
Depreciation
-€43,809
Other operating charges
-€278
Financial income
-€21,401
Financial charges
-€50,058
Taxes
+€15,985
Deferred taxes and other
-€9
Result 2025
€247,777
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€686,622
Investment
-€2.2m
Financing
+€1.5m
Cash 2024
€738,201
From operations (derived)
+€686,622
Net result for the year
+€247,777
Depreciation
+€321,283
Receivables within one year
+€235,433
Deferred charges and accrued income
+€6,391
Smaller working-capital items
-€8,315
Trade debts
-€140,688
Tax, wage and social debts
+€24,741
Investment (derived)
-€2.2m
Investment in fixed assets (net)
-€2.2m
Financing
+€1.5m
Debts after one year
+€1.7m
Current portion of long-term debt
+€122,514
Short-term financial debts
-€300,000
Cash 2025
€705,399
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,956,011 | €8,585,250 | +€1.6m | +23.4% |
| Fixed assets | 21/28 | €5,152,046 | €7,055,911 | +€1.9m | +37.0% |
| Tangible fixed assets | 22/27 | €4,487,009 | €6,390,874 | +€1.9m | +42.4% |
| Land and buildings | 22 | €4,267,099 | €6,097,477 | +€1.8m | +42.9% |
| Plant, machinery and equipment | 23 | €126,919 | €97,990 | -€28,929 | -22.8% |
| Furniture and vehicles | 24 | €92,991 | €195,408 | +€102,417 | +110% |
| Financial fixed assets | 28 | €665,037 | €665,037 | = | 0.0% |
| Current assets | 29/58 | €1,803,965 | €1,529,338 | -€274,627 | -15.2% |
| Amounts receivable within one year | 40/41 | €1,001,622 | €766,189 | -€235,433 | -23.5% |
| Trade receivables | 40 | €492,873 | €593,549 | +€100,676 | +20.4% |
| Other amounts receivable | 41 | €508,748 | €172,640 | -€336,109 | -66.1% |
| Current investments | 50/53 | €18,592 | €18,592 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €738,201 | €705,399 | -€32,803 | -4.4% |
| Deferred charges and accrued income | 490/1 | €45,550 | €39,159 | -€6,391 | -14.0% |
| Total equity and liabilities | 10/49 | €6,956,011 | €8,585,250 | +€1.6m | +23.4% |
| Equity | 10/15 | €2,808,739 | €3,056,516 | +€247,777 | +8.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €2,746,739 | €2,994,516 | +€247,777 | +9.0% |
| Non-distributable reserves | 130/1 | €24,792 | €24,792 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €18,592 | +€18,592 | |
| Own shares acquired | 1312 | €18,592 | - | -€18,592 | |
| Tax-exempt reserves | 132 | €110,553 | €103,072 | -€7,481 | -6.8% |
| Distributable reserves | 133 | €2,611,394 | €2,866,653 | +€255,258 | +9.8% |
| Provisions and deferred taxes | 16 | €41,980 | €38,127 | -€3,854 | -9.2% |
| Deferred taxes | 168 | €41,980 | €38,127 | -€3,854 | -9.2% |
| Amounts payable | 17/49 | €4,105,292 | €5,490,607 | +€1.4m | +33.7% |
| Amounts payable after more than one year | 17 | €2,558,715 | €4,241,924 | +€1.7m | +65.8% |
| Financial debts | 170/4 | €2,558,715 | €4,241,924 | +€1.7m | +65.8% |
| Amounts payable within one year | 42/48 | €1,541,861 | €1,248,427 | -€293,434 | -19.0% |
| Current portion of amounts payable after more than one year | 42 | €284,348 | €406,862 | +€122,514 | +43.1% |
| Financial debts | 43 | €300,000 | €0 | -€300,000 | -100% |
| Credit institutions | 430/8 | €300,000 | €0 | -€300,000 | -100% |
| Trade debts | 44 | €691,916 | €551,228 | -€140,688 | -20.3% |
| Suppliers | 440/4 | €691,916 | €551,228 | -€140,688 | -20.3% |
| Taxes, remuneration and social security | 45 | €265,597 | €290,338 | +€24,741 | +9.3% |
| Taxes | 450/3 | €94,142 | €98,301 | +€4,158 | +4.4% |
| Remuneration and social security | 454/9 | €171,455 | €192,037 | +€20,582 | +12.0% |
| Accrued charges and deferred income | 492/3 | €4,716 | €256 | -€4,461 | -94.6% |
| Non-recurring operating income | 76A | - | €14,019 | +€14,019 | |
| Remuneration, social security and pensions | 62 | €1,320,071 | €1,433,739 | +€113,669 | +8.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €277,474 | €321,283 | +€43,809 | +15.8% |
| Other operating charges | 640/8 | €38,967 | €39,245 | +€278 | +0.7% |
| Gross operating margin | 9900 | €2,078,065 | €2,211,738 | +€133,674 | +6.4% |
| Operating profit (loss) | 9901 | €441,553 | €417,472 | -€24,082 | -5.5% |
| Financial income | 75/76B | €36,169 | €14,768 | -€21,401 | -59.2% |
| Recurring financial income | 75 | €36,169 | €14,768 | -€21,401 | -59.2% |
| Financial charges | 65/66B | €98,655 | €148,713 | +€50,058 | +50.7% |
| Recurring financial charges | 65 | €98,655 | €148,713 | +€50,058 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €379,067 | €283,526 | -€95,541 | -25.2% |
| Transfer from deferred taxes | 780 | €3,863 | €3,854 | -€9 | -0.2% |
| Income taxes | 67/77 | €55,587 | €39,603 | -€15,985 | -28.8% |
| Profit (loss) for the period | 9904 | €327,342 | €247,777 | -€79,565 | -24.3% |
| Transfer from tax-exempt reserves | 789 | €7,499 | €7,481 | -€18 | -0.2% |
| Profit (loss) for the period to be appropriated | 9905 | €334,841 | €255,258 | -€79,583 | -23.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.