LOONWERKEN COUDEVILLE: 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 COUDEVILLE
Largest movements
- Tangible fixed assets +€67,116
up €67,116 (+27.5%), from €243,730 to €310,845
of which Plant, machinery and equipment: +€109,269
- Cash +€60,231
up €60,231 (+55.4%), from €108,630 to €168,861
mainly Depreciation (+€125,384) and Net result for the year (+€114,007)
- Receivables within one year +€45,306
up €45,306 (+54.0%), from €83,892 to €129,198
of which Trade receivables: +€49,327
- Profit (loss) carried forward +€107,879
up €107,879 (+376%), from €28,682 to €136,561
- Debts after one year +€46,657
up €46,657 (+115%), from €40,620 to €87,277
- Tax, wage and social debts -€27,144
down €27,144 (-100%), from €27,144 to €0
of which Taxes: -€22,144
- Trade debts +€23,883
up €23,883 (+49.1%), from €48,663 to €72,546
- Short-term financial debts +€10,000
new in 2025: €10,000
- Depreciation +€54,071
up €54,071 (+75.8%), from €71,313 to €125,384
- Gross operating margin +€29,708
up €29,708 (+12.1%), from €245,416 to €275,124
- Taxes -€18,617
down €18,617 (-35.7%), from €52,144 to €33,527
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 | €437,044 | €609,741 | +€172,698 | +39.5% |
| Fixed assets | 21/28 | €243,730 | €310,845 | +€67,116 | +27.5% |
| Tangible fixed assets | 22/27 | €243,730 | €310,845 | +€67,116 | +27.5% |
| Plant, machinery and equipment | 23 | €95,014 | €204,282 | +€109,269 | +115% |
| Furniture and vehicles | 24 | €148,716 | €106,563 | -€42,153 | -28.3% |
| Current assets | 29/58 | €193,314 | €298,896 | +€105,582 | +54.6% |
| Amounts receivable within one year | 40/41 | €83,892 | €129,198 | +€45,306 | +54.0% |
| Trade receivables | 40 | €72,661 | €121,988 | +€49,327 | +67.9% |
| Other amounts receivable | 41 | €11,231 | €7,210 | -€4,021 | -35.8% |
| Cash at bank and in hand | 54/58 | €108,630 | €168,861 | +€60,231 | +55.4% |
| Deferred charges and accrued income | 490/1 | €792 | €837 | +€45 | +5.7% |
| Total equity and liabilities | 10/49 | €437,044 | €609,741 | +€172,698 | +39.5% |
| Equity | 10/15 | €294,236 | €408,116 | +€113,879 | +38.7% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €265,555 | €271,555 | +€6,000 | +2.3% |
| Distributable reserves | 133 | €265,555 | €271,555 | +€6,000 | +2.3% |
| Profit (loss) carried forward | 14 | €28,682 | €136,561 | +€107,879 | +376% |
| Amounts payable | 17/49 | €142,807 | €201,625 | +€58,818 | +41.2% |
| Amounts payable after more than one year | 17 | €40,620 | €87,277 | +€46,657 | +115% |
| Financial debts | 170/4 | €40,620 | €87,277 | +€46,657 | +115% |
| Amounts payable within one year | 42/48 | €100,187 | €114,348 | +€14,161 | +14.1% |
| Current portion of amounts payable after more than one year | 42 | €9,380 | €15,436 | +€6,056 | +64.6% |
| Financial debts | 43 | - | €10,000 | +€10,000 | |
| Credit institutions | 430/8 | - | €10,000 | +€10,000 | |
| Trade debts | 44 | €48,663 | €72,546 | +€23,883 | +49.1% |
| Suppliers | 440/4 | €48,663 | €72,546 | +€23,883 | +49.1% |
| Taxes, remuneration and social security | 45 | €27,144 | €0 | -€27,144 | -100% |
| Taxes | 450/3 | €22,144 | €0 | -€22,144 | -100% |
| Remuneration and social security | 454/9 | €5,000 | €0 | -€5,000 | -100% |
| Other amounts payable | 47/48 | €15,000 | €16,367 | +€1,367 | +9.1% |
| Accrued charges and deferred income | 492/3 | €2,000 | €0 | -€2,000 | -100% |
| Non-recurring operating income | 76A | - | €18,000 | +€18,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,313 | €125,384 | +€54,071 | +75.8% |
| Other operating charges | 640/8 | €699 | €315 | -€384 | -54.9% |
| Gross operating margin | 9900 | €245,416 | €275,124 | +€29,708 | +12.1% |
| Operating profit (loss) | 9901 | €173,404 | €149,425 | -€23,979 | -13.8% |
| Financial income | 75/76B | €761 | €11 | -€750 | -98.6% |
| Recurring financial income | 75 | €761 | €11 | -€750 | -98.6% |
| Financial charges | 65/66B | €268 | €1,901 | +€1,633 | +609% |
| Recurring financial charges | 65 | €268 | €1,901 | +€1,633 | +609% |
| Profit (loss) for the period before taxes | 9903 | €173,896 | €147,534 | -€26,362 | -15.2% |
| Income taxes | 67/77 | €52,144 | €33,527 | -€18,617 | -35.7% |
| Profit (loss) for the period | 9904 | €121,752 | €114,007 | -€7,745 | -6.4% |
| Profit (loss) for the period to be appropriated | 9905 | €121,752 | €114,007 | -€7,745 | -6.4% |
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 20 October 2026 via checked.be.