LOONWERKEN VDC: 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 VDC
Largest movements
- Tangible fixed assets -€128,118
down €128,118 (-17.2%), from €746,325 to €618,207
of which Furniture and vehicles: -€122,077
- Current investments +€100,000
new in 2025: €100,000
- Receivables within one year +€35,886
up €35,886 (+19.5%), from €184,045 to €219,932
of which Trade receivables: +€35,892
- Reserves +€109,862
up €109,862 (+11.3%), from €973,728 to €1.1m
of which Distributable reserves: +€125,068
- Trade debts -€50,773
down €50,773 (-40.0%), from €126,864 to €76,090
- Debts after one year -€42,700
down €42,700 (-40.1%), from €106,467 to €63,767
- Current portion of long-term debt -€28,349
down €28,349 (-39.9%), from €71,049 to €42,700
- Gross operating margin +€48,168
up €48,168 (+10.4%), from €463,526 to €511,694
- Depreciation +€16,605
up €16,605 (+8.4%), from €197,513 to €214,118
- Taxes +€10,805
up €10,805 (+30.9%), from €34,972 to €45,778
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 | €1,691,338 | €1,711,352 | +€20,015 | +1.2% |
| Fixed assets | 21/28 | €746,930 | €618,812 | -€128,118 | -17.2% |
| Tangible fixed assets | 22/27 | €746,325 | €618,207 | -€128,118 | -17.2% |
| Land and buildings | 22 | €126,438 | €108,746 | -€17,691 | -14.0% |
| Plant, machinery and equipment | 23 | €155,645 | €167,296 | +€11,651 | +7.5% |
| Furniture and vehicles | 24 | €464,243 | €342,166 | -€122,077 | -26.3% |
| Financial fixed assets | 28 | €605 | €605 | = | 0.0% |
| Current assets | 29/58 | €944,408 | €1,092,540 | +€148,132 | +15.7% |
| Stocks and contracts in progress | 3 | €1,570 | €1,065 | -€505 | -32.1% |
| Stocks | 30/36 | €1,570 | €1,065 | -€505 | -32.1% |
| Amounts receivable within one year | 40/41 | €184,045 | €219,932 | +€35,886 | +19.5% |
| Trade receivables | 40 | €184,005 | €219,897 | +€35,892 | +19.5% |
| Other amounts receivable | 41 | €41 | €35 | -€6 | -14.1% |
| Current investments | 50/53 | - | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €731,950 | €746,449 | +€14,499 | +2.0% |
| Deferred charges and accrued income | 490/1 | €26,843 | €25,094 | -€1,749 | -6.5% |
| Total equity and liabilities | 10/49 | €1,691,338 | €1,711,352 | +€20,015 | +1.2% |
| Equity | 10/15 | €992,328 | €1,102,190 | +€109,862 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €973,728 | €1,083,590 | +€109,862 | +11.3% |
| Tax-exempt reserves | 132 | €31,515 | €16,309 | -€15,206 | -48.3% |
| Distributable reserves | 133 | €942,213 | €1,067,282 | +€125,068 | +13.3% |
| Provisions and deferred taxes | 16 | €6,660 | €2,763 | -€3,897 | -58.5% |
| Deferred taxes | 168 | €6,660 | €2,763 | -€3,897 | -58.5% |
| Amounts payable | 17/49 | €692,349 | €606,398 | -€85,951 | -12.4% |
| Amounts payable after more than one year | 17 | €106,467 | €63,767 | -€42,700 | -40.1% |
| Financial debts | 170/4 | €106,467 | €63,767 | -€42,700 | -40.1% |
| Amounts payable within one year | 42/48 | €585,871 | €538,488 | -€47,382 | -8.1% |
| Current portion of amounts payable after more than one year | 42 | €71,049 | €42,700 | -€28,349 | -39.9% |
| Trade debts | 44 | €126,864 | €76,090 | -€50,773 | -40.0% |
| Suppliers | 440/4 | €126,864 | €76,090 | -€50,773 | -40.0% |
| Taxes, remuneration and social security | 45 | €44,337 | €59,047 | +€14,710 | +33.2% |
| Taxes | 450/3 | €34,144 | €48,656 | +€14,511 | +42.5% |
| Remuneration and social security | 454/9 | €10,193 | €10,392 | +€199 | +2.0% |
| Other amounts payable | 47/48 | €343,621 | €360,651 | +€17,030 | +5.0% |
| Accrued charges and deferred income | 492/3 | €12 | €4,143 | +€4,132 | +34,836% |
| Remuneration, social security and pensions | 62 | €106,833 | €106,566 | -€267 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €197,513 | €214,118 | +€16,605 | +8.4% |
| Other operating charges | 640/8 | €9,739 | €9,504 | -€235 | -2.4% |
| Gross operating margin | 9900 | €463,526 | €511,694 | +€48,168 | +10.4% |
| Operating profit (loss) | 9901 | €149,441 | €181,507 | +€32,066 | +21.5% |
| Financial income | 75/76B | €459 | €70 | -€389 | -84.7% |
| Recurring financial income | 75 | €459 | €70 | -€389 | -84.7% |
| Financial charges | 65/66B | €29,398 | €29,834 | +€436 | +1.5% |
| Recurring financial charges | 65 | €29,398 | €29,834 | +€436 | +1.5% |
| Profit (loss) for the period before taxes | 9903 | €120,502 | €151,743 | +€31,241 | +25.9% |
| Transfer from deferred taxes | 780 | €3,897 | €3,897 | +€0 | 0.0% |
| Income taxes | 67/77 | €34,972 | €45,778 | +€10,805 | +30.9% |
| Profit (loss) for the period | 9904 | €89,426 | €109,862 | +€20,436 | +22.9% |
| Transfer from tax-exempt reserves | 789 | €15,206 | €15,206 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €104,632 | €125,068 | +€20,436 | +19.5% |
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 17 October 2026 via checked.be.