LOONWERKEN BINST: 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 BINST
Largest movements
- Tangible fixed assets +€603,655
up €603,655 (+21.6%), from €2.8m to €3.4m
of which Leasing and similar rights: +€395,350
- Receivables within one year +€360,768
up €360,768 (+30.6%), from €1.2m to €1.5m
of which Trade receivables: +€393,628
- Cash +€81,793
up €81,793 (+24.2%), from €337,743 to €419,535
mainly Depreciation (+€678,922) and Debts after one year (+€576,894)
- Debts after one year +€576,894
up €576,894 (+31.1%), from €1.9m to €2.4m
- Trade debts +€189,800
up €189,800 (+24.3%), from €781,727 to €971,527
- Reserves +€173,000
up €173,000 (+14.5%), from €1.2m to €1.4m
of which Distributable reserves: +€173,000
- Current portion of long-term debt +€88,642
up €88,642 (+17.9%), from €494,972 to €583,614
- Gross operating margin +€340,814
up €340,814 (+27.0%), from €1.3m to €1.6m
- Staff costs +€197,244
up €197,244 (+56.3%), from €350,352 to €547,596
- Depreciation +€88,541
up €88,541 (+15.0%), from €590,381 to €678,922
- Taxes -€24,823
down €24,823 (-67.8%), from €36,630 to €11,807
- Financial charges +€21,301
up €21,301 (+23.4%), from €91,026 to €112,327
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 | €4,400,189 | €5,448,934 | +€1.0m | +23.8% |
| Fixed assets | 21/28 | €2,798,965 | €3,402,755 | +€603,790 | +21.6% |
| Tangible fixed assets | 22/27 | €2,798,560 | €3,402,215 | +€603,655 | +21.6% |
| Land and buildings | 22 | €1,226 | €146,610 | +€145,384 | +11,861% |
| Plant, machinery and equipment | 23 | €342,045 | €178,994 | -€163,051 | -47.7% |
| Furniture and vehicles | 24 | €75,809 | €43,828 | -€31,981 | -42.2% |
| Leasing and similar rights | 25 | €2,076,025 | €2,471,375 | +€395,350 | +19.0% |
| Other tangible fixed assets | 26 | €303,456 | €561,409 | +€257,953 | +85.0% |
| Financial fixed assets | 28 | €405 | €540 | +€135 | +33.3% |
| Current assets | 29/58 | €1,601,224 | €2,046,179 | +€444,955 | +27.8% |
| Stocks and contracts in progress | 3 | €84,250 | €57,244 | -€27,006 | -32.1% |
| Stocks | 30/36 | €50,250 | €57,244 | +€6,994 | +13.9% |
| Contracts in progress | 37 | €34,000 | €0 | -€34,000 | -100% |
| Amounts receivable within one year | 40/41 | €1,179,231 | €1,540,000 | +€360,768 | +30.6% |
| Trade receivables | 40 | €1,144,430 | €1,538,058 | +€393,628 | +34.4% |
| Other amounts receivable | 41 | €34,802 | €1,942 | -€32,860 | -94.4% |
| Cash at bank and in hand | 54/58 | €337,743 | €419,535 | +€81,793 | +24.2% |
| Deferred charges and accrued income | 490/1 | €0 | €29,400 | +€29,400 | |
| Total equity and liabilities | 10/49 | €4,400,189 | €5,448,934 | +€1.0m | +23.8% |
| Equity | 10/15 | €1,194,910 | €1,367,677 | +€172,767 | +14.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,189,250 | €1,362,250 | +€173,000 | +14.5% |
| Tax-exempt reserves | 132 | €105,250 | €105,250 | = | 0.0% |
| Distributable reserves | 133 | €1,084,000 | €1,257,000 | +€173,000 | +16.0% |
| Profit (loss) carried forward | 14 | €660 | €427 | -€233 | -35.3% |
| Amounts payable | 17/49 | €3,205,279 | €4,081,256 | +€875,977 | +27.3% |
| Amounts payable after more than one year | 17 | €1,854,116 | €2,431,010 | +€576,894 | +31.1% |
| Financial debts | 170/4 | €1,854,116 | €2,431,010 | +€576,894 | +31.1% |
| Amounts payable within one year | 42/48 | €1,351,163 | €1,650,247 | +€299,084 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €494,972 | €583,614 | +€88,642 | +17.9% |
| Trade debts | 44 | €781,727 | €971,527 | +€189,800 | +24.3% |
| Suppliers | 440/4 | €781,727 | €971,527 | +€189,800 | +24.3% |
| Taxes, remuneration and social security | 45 | €56,411 | €78,124 | +€21,713 | +38.5% |
| Taxes | 450/3 | €8,354 | €8,487 | +€133 | +1.6% |
| Remuneration and social security | 454/9 | €48,057 | €69,637 | +€21,580 | +44.9% |
| Other amounts payable | 47/48 | €18,053 | €16,982 | -€1,071 | -5.9% |
| Non-recurring operating income | 76A | €78,008 | €159,886 | +€81,879 | +105% |
| Remuneration, social security and pensions | 62 | €350,352 | €547,596 | +€197,244 | +56.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €590,381 | €678,922 | +€88,541 | +15.0% |
| Other operating charges | 640/8 | €8,848 | €22,506 | +€13,658 | +154% |
| Non-recurring operating charges | 66A | €2,442 | €62,183 | +€59,742 | +2,447% |
| Gross operating margin | 9900 | €1,261,665 | €1,602,479 | +€340,814 | +27.0% |
| Operating profit (loss) | 9901 | €309,642 | €291,273 | -€18,370 | -5.9% |
| Financial income | 75/76B | €2,134 | €5,629 | +€3,495 | +164% |
| Recurring financial income | 75 | €2,134 | €5,629 | +€3,495 | +164% |
| Financial charges | 65/66B | €91,026 | €112,327 | +€21,301 | +23.4% |
| Recurring financial charges | 65 | €91,026 | €112,327 | +€21,301 | +23.4% |
| Profit (loss) for the period before taxes | 9903 | €220,750 | €184,574 | -€36,176 | -16.4% |
| Income taxes | 67/77 | €36,630 | €11,807 | -€24,823 | -67.8% |
| Profit (loss) for the period | 9904 | €184,120 | €172,767 | -€11,353 | -6.2% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €184,120 | €172,767 | -€11,353 | -6.2% |
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 24 October 2026 via checked.be.