LOOSVELDT: 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.
LOOSVELDT
Largest movements
- Receivables within one year -€382,716
down €382,716 (-77.9%), from €491,058 to €108,342
of which Trade receivables: -€375,946
- Stocks and contracts +€260,273
up €260,273 (+82.9%), from €314,107 to €574,380
- Cash +€20,183
up €20,183 (+42.2%), from €47,799 to €67,982
mainly Receivables within one year (+€382,716) and Debts after one year (+€68,501)
- Provisions -€175,000
no longer reported in 2025 (was €175,000)
- Debts after one year +€68,501
up €68,501 (+91.3%), from €75,000 to €143,501
- Short-term financial debts -€45,000
down €45,000 (-30.0%), from €150,000 to €105,000
- Other debts +€43,816
up €43,816 (+17.3%), from €253,960 to €297,776
- Trade debts -€39,165
down €39,165 (-39.5%), from €99,085 to €59,919
- Gross operating margin -€14,531
down €14,531 (-6.1%), from €238,041 to €223,510
- Write-downs -€10,199
no longer reported in 2025 (was €10,199)
- Staff costs +€7,707
up €7,707 (+6.6%), from €116,051 to €123,758
- Financial charges -€6,303
down €6,303 (-23.6%), from €26,652 to €20,349
- Depreciation -€5,034
down €5,034 (-6.9%), from €73,484 to €68,450
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.
Cash bridge derived
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 | €1,208,423 | €1,105,261 | -€103,162 | -8.5% |
| Fixed assets | 21/28 | €353,410 | €354,122 | +€713 | +0.2% |
| Tangible fixed assets | 22/27 | €353,410 | €354,122 | +€713 | +0.2% |
| Land and buildings | 22 | €320,180 | €323,971 | +€3,791 | +1.2% |
| Plant, machinery and equipment | 23 | €25,553 | €24,373 | -€1,180 | -4.6% |
| Furniture and vehicles | 24 | €7,677 | €5,779 | -€1,899 | -24.7% |
| Current assets | 29/58 | €855,014 | €751,139 | -€103,875 | -12.1% |
| Stocks and contracts in progress | 3 | €314,107 | €574,380 | +€260,273 | +82.9% |
| Stocks | 30/36 | €314,107 | €574,380 | +€260,273 | +82.9% |
| Amounts receivable within one year | 40/41 | €491,058 | €108,342 | -€382,716 | -77.9% |
| Trade receivables | 40 | €480,346 | €104,400 | -€375,946 | -78.3% |
| Other amounts receivable | 41 | €10,712 | €3,942 | -€6,770 | -63.2% |
| Cash at bank and in hand | 54/58 | €47,799 | €67,982 | +€20,183 | +42.2% |
| Deferred charges and accrued income | 490/1 | €2,050 | €435 | -€1,615 | -78.8% |
| Total equity and liabilities | 10/49 | €1,208,423 | €1,105,261 | -€103,162 | -8.5% |
| Equity | 10/15 | €409,962 | €420,244 | +€10,283 | +2.5% |
| Contributions | 10/11 | €186,000 | €186,000 | = | 0.0% |
| Capital | 10 | €186,000 | €186,000 | = | 0.0% |
| Issued capital | 100 | €186,000 | €186,000 | = | 0.0% |
| Reserves | 13 | €223,962 | €234,244 | +€10,283 | +4.6% |
| Non-distributable reserves | 130/1 | €18,600 | €18,600 | = | 0.0% |
| Legal reserve | 130 | €18,600 | €18,600 | = | 0.0% |
| Tax-exempt reserves | 132 | €209 | €209 | = | 0.0% |
| Distributable reserves | 133 | €205,153 | €215,435 | +€10,283 | +5.0% |
| Provisions and deferred taxes | 16 | €175,000 | - | -€175,000 | |
| Provisions for liabilities and charges | 160/5 | €175,000 | - | -€175,000 | |
| Other liabilities and charges | 164/5 | €175,000 | - | -€175,000 | |
| Amounts payable | 17/49 | €623,462 | €685,017 | +€61,555 | +9.9% |
| Amounts payable after more than one year | 17 | €75,000 | €143,501 | +€68,501 | +91.3% |
| Financial debts | 170/4 | €75,000 | €143,501 | +€68,501 | +91.3% |
| Amounts payable within one year | 42/48 | €548,462 | €541,516 | -€6,946 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €22,500 | €55,358 | +€32,858 | +146.0% |
| Financial debts | 43 | €150,000 | €105,000 | -€45,000 | -30.0% |
| Credit institutions | 430/8 | €150,000 | €105,000 | -€45,000 | -30.0% |
| Trade debts | 44 | €99,085 | €59,919 | -€39,165 | -39.5% |
| Suppliers | 440/4 | €99,085 | €59,919 | -€39,165 | -39.5% |
| Taxes, remuneration and social security | 45 | €22,917 | €23,463 | +€545 | +2.4% |
| Taxes | 450/3 | €10,919 | €12,070 | +€1,151 | +10.5% |
| Remuneration and social security | 454/9 | €11,998 | €11,393 | -€606 | -5.0% |
| Other amounts payable | 47/48 | €253,960 | €297,776 | +€43,816 | +17.3% |
| Non-recurring operating income | 76A | - | €40,359 | +€40,359 | |
| Remuneration, social security and pensions | 62 | €116,051 | €123,758 | +€7,707 | +6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €73,484 | €68,450 | -€5,034 | -6.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,199 | - | -€10,199 | |
| Other operating charges | 640/8 | €7,127 | €10,513 | +€3,386 | +47.5% |
| Gross operating margin | 9900 | €238,041 | €223,510 | -€14,531 | -6.1% |
| Operating profit (loss) | 9901 | €31,181 | €20,788 | -€10,392 | -33.3% |
| Financial income | 75/76B | €16,188 | €17,145 | +€957 | +5.9% |
| Recurring financial income | 75 | €16,188 | €17,145 | +€957 | +5.9% |
| Financial charges | 65/66B | €26,652 | €20,349 | -€6,303 | -23.6% |
| Recurring financial charges | 65 | €26,652 | €20,349 | -€6,303 | -23.6% |
| Profit (loss) for the period before taxes | 9903 | €20,716 | €17,584 | -€3,133 | -15.1% |
| Income taxes | 67/77 | €7,599 | €7,301 | -€298 | -3.9% |
| Profit (loss) for the period | 9904 | €13,118 | €10,283 | -€2,835 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,118 | €10,283 | -€2,835 | -21.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.