LOOP: 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.
LOOP
Largest movements
- Cash +€104,311
up €104,311 (+27.9%), from €374,477 to €478,787
mainly Current investments (+€100,000) and Net result for the year (+€58,359)
- Current investments -€100,000
down €100,000 (-49.4%), from €202,615 to €102,615
- Receivables within one year +€40,155
up €40,155 (+29.2%), from €137,475 to €177,631
of which Trade receivables: +€25,414
- Reserves +€58,359
up €58,359 (+7.9%), from €741,202 to €799,561
of which Distributable reserves: +€58,359
- Gross operating margin -€79,609
down €79,609 (-23.4%), from €340,282 to €260,673
- Taxes -€31,029
down €31,029 (-56.8%), from €54,614 to €23,586
- Staff costs +€11,718
up €11,718 (+8.4%), from €138,923 to €150,641
- Depreciation +€5,354
up €5,354 (+20.2%), from €26,460 to €31,815
- Financial income +€4,399
up €4,399 (+161%), from €2,727 to €7,126
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 | €865,464 | €922,760 | +€57,296 | +6.6% |
| Fixed assets | 21/28 | €125,554 | €131,907 | +€6,353 | +5.1% |
| Tangible fixed assets | 22/27 | €125,404 | €131,757 | +€6,353 | +5.1% |
| Plant, machinery and equipment | 23 | €76,242 | €64,399 | -€11,844 | -15.5% |
| Furniture and vehicles | 24 | €49,162 | €67,358 | +€18,197 | +37.0% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €739,910 | €790,853 | +€50,942 | +6.9% |
| Stocks and contracts in progress | 3 | €25,344 | €31,820 | +€6,476 | +25.6% |
| Stocks | 30/36 | €25,344 | €31,820 | +€6,476 | +25.6% |
| Amounts receivable within one year | 40/41 | €137,475 | €177,631 | +€40,155 | +29.2% |
| Trade receivables | 40 | €54,760 | €80,175 | +€25,414 | +46.4% |
| Other amounts receivable | 41 | €82,715 | €97,456 | +€14,741 | +17.8% |
| Current investments | 50/53 | €202,615 | €102,615 | -€100,000 | -49.4% |
| Cash at bank and in hand | 54/58 | €374,477 | €478,787 | +€104,311 | +27.9% |
| Total equity and liabilities | 10/49 | €865,464 | €922,760 | +€57,296 | +6.6% |
| Equity | 10/15 | €803,175 | €861,534 | +€58,359 | +7.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €741,202 | €799,561 | +€58,359 | +7.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €735,004 | €793,364 | +€58,359 | +7.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €62,289 | €61,226 | -€1,064 | -1.7% |
| Amounts payable after more than one year | 17 | €6,991 | €3,870 | -€3,121 | -44.6% |
| Financial debts | 170/4 | €6,991 | €3,870 | -€3,121 | -44.6% |
| Amounts payable within one year | 42/48 | €55,299 | €57,355 | +€2,057 | +3.7% |
| Trade debts | 44 | €17,194 | €22,316 | +€5,123 | +29.8% |
| Suppliers | 440/4 | €17,194 | €22,316 | +€5,123 | +29.8% |
| Taxes, remuneration and social security | 45 | €38,105 | €35,039 | -€3,066 | -8.0% |
| Taxes | 450/3 | €25,782 | €19,623 | -€6,159 | -23.9% |
| Remuneration and social security | 454/9 | €12,323 | €15,416 | +€3,093 | +25.1% |
| Remuneration, social security and pensions | 62 | €138,923 | €150,641 | +€11,718 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,460 | €31,815 | +€5,354 | +20.2% |
| Other operating charges | 640/8 | €2,700 | €2,831 | +€131 | +4.9% |
| Non-recurring operating charges | 66A | €130 | €199 | +€69 | +53.2% |
| Gross operating margin | 9900 | €340,282 | €260,673 | -€79,609 | -23.4% |
| Operating profit (loss) | 9901 | €172,069 | €75,188 | -€96,881 | -56.3% |
| Financial income | 75/76B | €2,727 | €7,126 | +€4,399 | +161% |
| Recurring financial income | 75 | €2,727 | €7,126 | +€4,399 | +161% |
| Financial charges | 65/66B | €279 | €369 | +€89 | +32.0% |
| Recurring financial charges | 65 | €279 | €369 | +€89 | +32.0% |
| Profit (loss) for the period before taxes | 9903 | €174,517 | €81,945 | -€92,572 | -53.0% |
| Income taxes | 67/77 | €54,614 | €23,586 | -€31,029 | -56.8% |
| Profit (loss) for the period | 9904 | €119,902 | €58,359 | -€61,543 | -51.3% |
| Profit (loss) for the period to be appropriated | 9905 | €119,902 | €58,359 | -€61,543 | -51.3% |
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 13 October 2026 via checked.be.