LOOOK: 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.
LOOOK
Largest movements
- Current investments +€100,000
up €100,000 (+20.0%), from €500,000 to €600,000
- Cash +€58,990
up €58,990 (+58.7%), from €100,465 to €159,456
mainly Net result for the year (+€227,572) and Receivables within one year (+€30,682)
- Receivables within one year -€30,682
down €30,682 (-28.3%), from €108,496 to €77,814
of which Trade receivables: -€31,219
- Tangible fixed assets +€20,690
up €20,690 (+804%), from €2,575 to €23,265
of which Furniture and vehicles: +€22,523
- Reserves +€227,572
up €227,572 (+29.8%), from €763,386 to €990,958
- Other debts -€100,361
down €100,361 (-72.7%), from €138,130 to €37,769
- Tax, wage and social debts +€14,132
up €14,132 (+59.8%), from €23,652 to €37,784
- Gross operating margin +€62,324
up €62,324 (+20.2%), from €308,685 to €371,008
- Taxes +€36,623
up €36,623 (+50.0%), from €73,239 to €109,862
- Other operating charges +€12,684
up €12,684 (+526%), from €2,412 to €15,096
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 | €968,780 | €1,110,924 | +€142,144 | +14.7% |
| Fixed assets | 21/28 | €13,558 | €28,894 | +€15,337 | +113% |
| Intangible fixed assets | 21 | €10,983 | €5,630 | -€5,353 | -48.7% |
| Tangible fixed assets | 22/27 | €2,575 | €23,265 | +€20,690 | +804% |
| Plant, machinery and equipment | 23 | €1,833 | €0 | -€1,833 | -100% |
| Furniture and vehicles | 24 | €742 | €23,265 | +€22,523 | +3,036% |
| Current assets | 29/58 | €955,223 | €1,082,030 | +€126,807 | +13.3% |
| Stocks and contracts in progress | 3 | €242,471 | €241,561 | -€910 | -0.4% |
| Stocks | 30/36 | €242,471 | €241,561 | -€910 | -0.4% |
| Amounts receivable within one year | 40/41 | €108,496 | €77,814 | -€30,682 | -28.3% |
| Trade receivables | 40 | €108,457 | €77,237 | -€31,219 | -28.8% |
| Other amounts receivable | 41 | €40 | €577 | +€537 | +1,361% |
| Current investments | 50/53 | €500,000 | €600,000 | +€100,000 | +20.0% |
| Cash at bank and in hand | 54/58 | €100,465 | €159,456 | +€58,990 | +58.7% |
| Deferred charges and accrued income | 490/1 | €3,791 | €3,199 | -€591 | -15.6% |
| Total equity and liabilities | 10/49 | €968,780 | €1,110,924 | +€142,144 | +14.7% |
| Equity | 10/15 | €763,386 | €990,958 | +€227,572 | +29.8% |
| Contributions | 10/11 | €0 | - | = | |
| Reserves | 13 | €763,386 | €990,958 | +€227,572 | +29.8% |
| Distributable reserves | 133 | €763,386 | €990,958 | +€227,572 | +29.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €205,394 | €119,966 | -€85,428 | -41.6% |
| Amounts payable within one year | 42/48 | €199,918 | €115,501 | -€84,416 | -42.2% |
| Trade debts | 44 | €38,137 | €39,949 | +€1,812 | +4.8% |
| Suppliers | 440/4 | €38,137 | €39,949 | +€1,812 | +4.8% |
| Taxes, remuneration and social security | 45 | €23,652 | €37,784 | +€14,132 | +59.8% |
| Taxes | 450/3 | €23,652 | €37,784 | +€14,132 | +59.8% |
| Other amounts payable | 47/48 | €138,130 | €37,769 | -€100,361 | -72.7% |
| Accrued charges and deferred income | 492/3 | €5,476 | €4,465 | -€1,012 | -18.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,553 | €8,042 | -€1,512 | -15.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,687 | €2,534 | -€3,153 | -55.4% |
| Other operating charges | 640/8 | €2,412 | €15,096 | +€12,684 | +526% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €308,685 | €371,008 | +€62,324 | +20.2% |
| Operating profit (loss) | 9901 | €291,033 | €345,336 | +€54,304 | +18.7% |
| Financial income | 75/76B | €162 | €136 | -€25 | -15.6% |
| Recurring financial income | 75 | €162 | €136 | -€25 | -15.6% |
| Financial charges | 65/66B | €9,583 | €8,038 | -€1,545 | -16.1% |
| Recurring financial charges | 65 | €9,583 | €8,038 | -€1,545 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €281,611 | €337,435 | +€55,824 | +19.8% |
| Income taxes | 67/77 | €73,239 | €109,862 | +€36,623 | +50.0% |
| Profit (loss) for the period | 9904 | €208,371 | €227,572 | +€19,201 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | €208,371 | €227,572 | +€19,201 | +9.2% |
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 15 October 2026 via checked.be.