LOOTENS GEERT: 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.
What changed
LOOTENS GEERT
NACE 43.341, Painting of buildings
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€59,137
2024 · €73,562-€14,424
Equity
€507,310
2024 · €448,173+€59,137
Cash
€215,609
2024 · €456,447-€240,838
Balance sheet total
€544,607
2024 · €492,730+€51,876
Largest movements
Assets
- Current investments +€300,000
new in 2025: €300,000
- Cash -€240,838
down €240,838 (-52.8%), from €456,447 to €215,609
mainly Current investments (-€300,000) and Current portion of long-term debt (-€5,270)
- Tangible fixed assets -€8,180
down €8,180 (-84.4%), from €9,690 to €1,509
of which Furniture and vehicles: -€7,650
Equity and liabilities
- Reserves +€59,137
up €59,137 (+18.9%), from €313,371 to €372,508
of which Distributable reserves: +€59,137
Income statement
- Gross operating margin -€13,612
down €13,612 (-8.2%), from €166,169 to €152,557
- Staff costs +€3,672
up €3,672 (+7.3%), from €50,513 to €54,185
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.
Result 2024
€73,562
Gross operating margin
-€13,612
Staff costs
-€3,672
Depreciation
+€256
Other operating charges
+€450
Financial income
+€1,382
Financial charges
+€198
Taxes
+€574
Result 2025
€59,137
raises the resultlowers the result
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.
From operations
+€64,432
Investment
-€300,000
Financing
-€5,270
Cash 2024
€456,447
From operations (derived)
+€64,432
Net result for the year
+€59,137
Depreciation
+€8,180
Stocks and contracts
-€5,247
Receivables within one year
+€3,868
Deferred charges and accrued income
+€485
Trade debts
-€4,969
Tax, wage and social debts
+€4,295
Other debts
-€1,317
Investment (derived)
-€300,000
Current investments
-€300,000
Financing
-€5,270
Current portion of long-term debt
-€5,270
Cash 2025
€215,609
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €492,730 | €544,607 | +€51,876 | +10.5% |
| Fixed assets | 21/28 | €9,690 | €1,509 | -€8,180 | -84.4% |
| Tangible fixed assets | 22/27 | €9,690 | €1,509 | -€8,180 | -84.4% |
| Plant, machinery and equipment | 23 | €1,243 | €713 | -€530 | -42.7% |
| Furniture and vehicles | 24 | €8,446 | €796 | -€7,650 | -90.6% |
| Current assets | 29/58 | €483,041 | €543,097 | +€60,057 | +12.4% |
| Stocks and contracts in progress | 3 | €8,246 | €13,493 | +€5,247 | +63.6% |
| Stocks | 30/36 | €8,246 | €13,493 | +€5,247 | +63.6% |
| Amounts receivable within one year | 40/41 | €17,863 | €13,995 | -€3,868 | -21.7% |
| Trade receivables | 40 | €15,076 | €8,917 | -€6,159 | -40.9% |
| Other amounts receivable | 41 | €2,788 | €5,078 | +€2,291 | +82.2% |
| Current investments | 50/53 | - | €300,000 | +€300,000 | |
| Cash at bank and in hand | 54/58 | €456,447 | €215,609 | -€240,838 | -52.8% |
| Deferred charges and accrued income | 490/1 | €485 | €0 | -€485 | -100% |
| Total equity and liabilities | 10/49 | €492,730 | €544,607 | +€51,876 | +10.5% |
| Equity | 10/15 | €448,173 | €507,310 | +€59,137 | +13.2% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €313,371 | €372,508 | +€59,137 | +18.9% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,900 | €1,900 | = | 0.0% |
| Tax-exempt reserves | 132 | €54,730 | €54,730 | = | 0.0% |
| Distributable reserves | 133 | €256,741 | €315,878 | +€59,137 | +23.0% |
| Profit (loss) carried forward | 14 | €115,802 | €115,802 | = | 0.0% |
| Amounts payable | 17/49 | €44,557 | €37,297 | -€7,261 | -16.3% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €44,557 | €37,297 | -€7,261 | -16.3% |
| Current portion of amounts payable after more than one year | 42 | €5,270 | €0 | -€5,270 | -100% |
| Trade debts | 44 | €10,023 | €5,054 | -€4,969 | -49.6% |
| Suppliers | 440/4 | €10,023 | €5,054 | -€4,969 | -49.6% |
| Taxes, remuneration and social security | 45 | €25,756 | €30,052 | +€4,295 | +16.7% |
| Taxes | 450/3 | €12,290 | €17,483 | +€5,193 | +42.3% |
| Remuneration and social security | 454/9 | €13,466 | €12,569 | -€897 | -6.7% |
| Other amounts payable | 47/48 | €3,508 | €2,191 | -€1,317 | -37.6% |
| Remuneration, social security and pensions | 62 | €50,513 | €54,185 | +€3,672 | +7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,436 | €8,180 | -€256 | -3.0% |
| Other operating charges | 640/8 | €2,043 | €1,593 | -€450 | -22.0% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €166,169 | €152,557 | -€13,612 | -8.2% |
| Operating profit (loss) | 9901 | €105,177 | €88,598 | -€16,579 | -15.8% |
| Financial income | 75/76B | €5,254 | €6,636 | +€1,382 | +26.3% |
| Recurring financial income | 75 | €5,254 | €6,636 | +€1,382 | +26.3% |
| Financial charges | 65/66B | €2,684 | €2,485 | -€198 | -7.4% |
| Recurring financial charges | 65 | €2,684 | €2,485 | -€198 | -7.4% |
| Profit (loss) for the period before taxes | 9903 | €107,747 | €92,748 | -€14,998 | -13.9% |
| Income taxes | 67/77 | €34,185 | €33,611 | -€574 | -1.7% |
| Profit (loss) for the period | 9904 | €73,562 | €59,137 | -€14,424 | -19.6% |
| Transfer to tax-exempt reserves | 689 | €12,630 | €0 | -€12,630 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €60,932 | €59,137 | -€1,794 | -2.9% |
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 30 October 2026 via checked.be.