LOONWERKEN BIESMANS: 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.
LOONWERKEN BIESMANS
Largest movements
- Tangible fixed assets -€44,239
down €44,239 (-18.4%), from €240,926 to €196,687
of which Plant, machinery and equipment: -€22,339
- Debts after one year -€26,429
down €26,429 (-30.3%), from €87,143 to €60,714
- Other debts -€13,697
down €13,697 (-77.5%), from €17,681 to €3,984
- Trade debts -€6,614
down €6,614 (-81.5%), from €8,114 to €1,500
- Reserves +€2,999
up €2,999 (+7.1%), from €42,400 to €45,399
of which Distributable reserves: +€3,299
- Depreciation +€2,476
up €2,476 (+3.9%), from €62,750 to €65,226
- Financial charges +€1,326
up €1,326 (+38.6%), from €3,432 to €4,758
- Gross operating margin +€740
up €740 (+1.0%), from €72,880 to €73,620
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293,950 | €250,279 | -€43,672 | -14.9% |
| Fixed assets | 21/28 | €240,926 | €196,687 | -€44,239 | -18.4% |
| Tangible fixed assets | 22/27 | €240,926 | €196,687 | -€44,239 | -18.4% |
| Plant, machinery and equipment | 23 | €190,432 | €168,093 | -€22,339 | -11.7% |
| Furniture and vehicles | 24 | €50,494 | €28,594 | -€21,900 | -43.4% |
| Current assets | 29/58 | €53,024 | €53,592 | +€568 | +1.1% |
| Amounts receivable within one year | 40/41 | €1,880 | €4,519 | +€2,639 | +140% |
| Trade receivables | 40 | €307 | €4,519 | +€4,213 | +1,374% |
| Other amounts receivable | 41 | €1,574 | €0 | -€1,574 | -100% |
| Cash at bank and in hand | 54/58 | €47,018 | €46,081 | -€936 | -2.0% |
| Deferred charges and accrued income | 490/1 | €4,126 | €2,991 | -€1,135 | -27.5% |
| Total equity and liabilities | 10/49 | €293,950 | €250,279 | -€43,672 | -14.9% |
| Equity | 10/15 | €154,400 | €157,399 | +€2,999 | +1.9% |
| Contributions | 10/11 | €112,000 | €112,000 | = | 0.0% |
| Reserves | 13 | €42,400 | €45,399 | +€2,999 | +7.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €300 | €0 | -€300 | -100% |
| Distributable reserves | 133 | €42,100 | €45,399 | +€3,299 | +7.8% |
| Provisions and deferred taxes | 16 | €100 | €0 | -€100 | -100% |
| Deferred taxes | 168 | €100 | €0 | -€100 | -100% |
| Amounts payable | 17/49 | €139,450 | €92,880 | -€46,570 | -33.4% |
| Amounts payable after more than one year | 17 | €87,143 | €60,714 | -€26,429 | -30.3% |
| Financial debts | 170/4 | €87,143 | €60,714 | -€26,429 | -30.3% |
| Amounts payable within one year | 42/48 | €52,307 | €32,166 | -€20,142 | -38.5% |
| Current portion of amounts payable after more than one year | 42 | €26,429 | €26,429 | = | 0.0% |
| Trade debts | 44 | €8,114 | €1,500 | -€6,614 | -81.5% |
| Suppliers | 440/4 | €8,114 | €1,500 | -€6,614 | -81.5% |
| Taxes, remuneration and social security | 45 | €84 | €253 | +€169 | +200% |
| Taxes | 450/3 | €84 | €253 | +€169 | +200% |
| Other amounts payable | 47/48 | €17,681 | €3,984 | -€13,697 | -77.5% |
| Non-recurring operating income | 76A | €9,500 | €0 | -€9,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,750 | €65,226 | +€2,476 | +3.9% |
| Other operating charges | 640/8 | €932 | €738 | -€194 | -20.8% |
| Gross operating margin | 9900 | €72,880 | €73,620 | +€740 | +1.0% |
| Operating profit (loss) | 9901 | €9,199 | €7,656 | -€1,542 | -16.8% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €3,432 | €4,758 | +€1,326 | +38.6% |
| Recurring financial charges | 65 | €3,432 | €4,758 | +€1,326 | +38.6% |
| Profit (loss) for the period before taxes | 9903 | €5,767 | €2,899 | -€2,868 | -49.7% |
| Transfer from deferred taxes | 780 | €100 | €100 | = | 0.0% |
| Profit (loss) for the period | 9904 | €5,867 | €2,999 | -€2,868 | -48.9% |
| Transfer from tax-exempt reserves | 789 | €300 | €300 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €6,167 | €3,299 | -€2,868 | -46.5% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.