LOONWERKEN CASIER: 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 CASIER
Largest movements
- Tangible fixed assets +€538,082
up €538,082 (+70.3%), from €765,282 to €1.3m
of which Furniture and vehicles: +€511,534
- Cash +€20,162
up €20,162 (+7.0%), from €287,696 to €307,858
mainly Debts after one year (+€267,136) and Depreciation (+€211,865)
- Debts after one year +€267,136
up €267,136 (+271%), from €98,489 to €365,625
- Reserves +€201,271
up €201,271 (+41.8%), from €481,827 to €683,098
of which Tax-exempt reserves: +€207,727
- Provisions +€69,243
up €69,243 (+419%), from €16,540 to €85,783
of which Deferred taxes: +€85,783
- Current portion of long-term debt +€46,007
up €46,007 (+109%), from €42,330 to €88,337
- Gross operating margin +€183,723
up €183,723 (+47.9%), from €383,624 to €567,347
- Depreciation +€57,849
up €57,849 (+37.6%), from €154,016 to €211,865
- Staff costs +€17,274
up €17,274 (+45.9%), from €37,662 to €54,936
- Taxes -€10,823
down €10,823 (-98.0%), from €11,041 to €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.
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 | €1,144,189 | €1,718,715 | +€574,526 | +50.2% |
| Fixed assets | 21/28 | €765,282 | €1,303,364 | +€538,082 | +70.3% |
| Tangible fixed assets | 22/27 | €765,282 | €1,303,364 | +€538,082 | +70.3% |
| Land and buildings | 22 | €179,457 | €162,725 | -€16,732 | -9.3% |
| Plant, machinery and equipment | 23 | €239,186 | €282,466 | +€43,280 | +18.1% |
| Furniture and vehicles | 24 | €346,639 | €858,173 | +€511,534 | +148% |
| Current assets | 29/58 | €378,907 | €415,351 | +€36,444 | +9.6% |
| Amounts receivable within one year | 40/41 | €56,994 | €57,626 | +€632 | +1.1% |
| Trade receivables | 40 | €56,994 | €50,455 | -€6,539 | -11.5% |
| Other amounts receivable | 41 | - | €7,171 | +€7,171 | |
| Cash at bank and in hand | 54/58 | €287,696 | €307,858 | +€20,162 | +7.0% |
| Deferred charges and accrued income | 490/1 | €34,217 | €49,867 | +€15,650 | +45.7% |
| Total equity and liabilities | 10/49 | €1,144,189 | €1,718,715 | +€574,526 | +50.2% |
| Equity | 10/15 | €605,827 | €807,098 | +€201,271 | +33.2% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €481,827 | €683,098 | +€201,271 | +41.8% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €49,621 | €257,348 | +€207,727 | +419% |
| Distributable reserves | 133 | €419,806 | €413,350 | -€6,456 | -1.5% |
| Provisions and deferred taxes | 16 | €16,540 | €85,783 | +€69,243 | +419% |
| Provisions for liabilities and charges | 160/5 | €16,540 | - | -€16,540 | |
| Other liabilities and charges | 164/5 | €16,540 | - | -€16,540 | |
| Deferred taxes | 168 | - | €85,783 | +€85,783 | |
| Amounts payable | 17/49 | €521,822 | €825,834 | +€304,012 | +58.3% |
| Amounts payable after more than one year | 17 | €98,489 | €365,625 | +€267,136 | +271% |
| Financial debts | 170/4 | €98,489 | €365,625 | +€267,136 | +271% |
| Amounts payable within one year | 42/48 | €423,333 | €460,209 | +€36,876 | +8.7% |
| Current portion of amounts payable after more than one year | 42 | €42,330 | €88,337 | +€46,007 | +109% |
| Trade debts | 44 | €14,168 | €13,806 | -€362 | -2.6% |
| Suppliers | 440/4 | €14,168 | €13,806 | -€362 | -2.6% |
| Taxes, remuneration and social security | 45 | €26,259 | €17,159 | -€9,100 | -34.7% |
| Taxes | 450/3 | €16,972 | €2,296 | -€14,676 | -86.5% |
| Remuneration and social security | 454/9 | €9,287 | €14,863 | +€5,576 | +60.0% |
| Other amounts payable | 47/48 | €340,576 | €340,907 | +€331 | +0.1% |
| Non-recurring operating income | 76A | €78,000 | €330,000 | +€252,000 | +323% |
| Remuneration, social security and pensions | 62 | €37,662 | €54,936 | +€17,274 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,016 | €211,865 | +€57,849 | +37.6% |
| Other operating charges | 640/8 | €3,855 | €4,783 | +€928 | +24.1% |
| Non-recurring operating charges | 66A | - | €15,084 | +€15,084 | |
| Gross operating margin | 9900 | €383,624 | €567,347 | +€183,723 | +47.9% |
| Operating profit (loss) | 9901 | €188,091 | €280,679 | +€92,588 | +49.2% |
| Financial income | 75/76B | €2,279 | €438 | -€1,841 | -80.8% |
| Recurring financial income | 75 | €2,279 | €438 | -€1,841 | -80.8% |
| Financial charges | 65/66B | €4,884 | €10,386 | +€5,502 | +113% |
| Recurring financial charges | 65 | €4,884 | €10,386 | +€5,502 | +113% |
| Profit (loss) for the period before taxes | 9903 | €185,486 | €270,731 | +€85,245 | +46.0% |
| Transfer from deferred taxes | 780 | €2,960 | €13,258 | +€10,298 | +348% |
| Transfer to deferred taxes | 680 | €19,500 | €82,500 | +€63,000 | +323% |
| Income taxes | 67/77 | €11,041 | €218 | -€10,823 | -98.0% |
| Profit (loss) for the period | 9904 | €157,905 | €201,271 | +€43,366 | +27.5% |
| Transfer from tax-exempt reserves | 789 | €8,879 | €39,773 | +€30,894 | +348% |
| Transfer to tax-exempt reserves | 689 | €58,500 | €247,500 | +€189,000 | +323% |
| Profit (loss) for the period to be appropriated | 9905 | €108,284 | -€6,456 | -€114,740 |
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 26 October 2026 via checked.be.