LOOTVOET GROUP: what changed
What changed
LOOTVOET GROUP
NACE 46.382, Wholesale trade
filed annual accounts (NBB)
Net result for the year
€2,598
2024 · €15,139-€12,541
Equity
€382,190
2024 · €379,592+€2,598
Cash
€19,374
2024 · €82,448-€63,074
Balance sheet total
€1.8m
2024 · €1.7m+€144,157
Largest movements
Assets
- Receivables within one year +€207,001
up €207,001 (+27.5%), from €752,898 to €959,899
of which Other amounts receivable: +€167,847
- Tangible fixed assets -€73,892
down €73,892 (-14.5%), from €510,974 to €437,082
- Stocks and contracts +€72,433
up €72,433 (+24.4%), from €296,449 to €368,882
- Cash -€63,074
down €63,074 (-76.5%), from €82,448 to €19,374
mainly Receivables within one year (-€207,001) and Trade debts (-€197,291)
Equity and liabilities
- Debts after one year +€273,211
up €273,211 (+97.8%), from €279,483 to €552,693
- Trade debts -€197,291
down €197,291 (-28.8%), from €684,438 to €487,147
- Short-term financial debts +€53,309
up €53,309 (+21.2%), from €251,691 to €305,000
Income statement
- Staff costs +€45,473
up €45,473 (+70.8%), from €64,242 to €109,716
- Gross operating margin +€39,380
up €39,380 (+20.5%), from €192,530 to €231,909
- Financial charges +€10,633
up €10,633 (+31.6%), from €33,691 to €44,324
- Financial income +€4,859
up €4,859 (+48.2%), from €10,076 to €14,935
- Depreciation +€2,399
up €2,399 (+2.9%), from €82,922 to €85,321
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€15,139
Gross operating margin
+€39,380
Staff costs
-€45,473
Depreciation
-€2,399
Other operating charges
+€287
Financial income
+€4,859
Financial charges
-€10,633
Taxes
+€1,440
Result 2025
€2,598
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€382,449
Investment
-€11,429
Financing
+€330,804
Cash 2024
€82,448
From operations (derived)
-€382,449
Net result for the year
+€2,598
Depreciation
+€85,321
Stocks and contracts
-€72,433
Receivables within one year
-€207,001
Deferred charges and accrued income
-€1,689
Trade debts
-€197,291
Tax, wage and social debts
+€13,773
Advances received
-€103
Other debts
-€6,850
Accrued charges and deferred income
+€1,225
Investment (derived)
-€11,429
Investment in fixed assets (net)
-€11,429
Financing
+€330,804
Debts after one year
+€273,211
Current portion of long-term debt
+€4,285
Short-term financial debts
+€53,309
Cash 2025
€19,374
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,669,261 | €1,813,418 | +€144,157 | +8.6% |
| Fixed assets | 21/28 | €530,974 | €457,082 | -€73,892 | -13.9% |
| Tangible fixed assets | 22/27 | €510,974 | €437,082 | -€73,892 | -14.5% |
| Land and buildings | 22 | €395,315 | €360,239 | -€35,076 | -8.9% |
| Plant, machinery and equipment | 23 | €51,838 | €34,650 | -€17,187 | -33.2% |
| Furniture and vehicles | 24 | €63,822 | €42,193 | -€21,629 | -33.9% |
| Financial fixed assets | 28 | €20,000 | €20,000 | = | 0.0% |
| Current assets | 29/58 | €1,138,287 | €1,356,336 | +€218,049 | +19.2% |
| Stocks and contracts in progress | 3 | €296,449 | €368,882 | +€72,433 | +24.4% |
| Stocks | 30/36 | €296,449 | €368,882 | +€72,433 | +24.4% |
| Amounts receivable within one year | 40/41 | €752,898 | €959,899 | +€207,001 | +27.5% |
| Trade receivables | 40 | €327,419 | €366,573 | +€39,154 | +12.0% |
| Other amounts receivable | 41 | €425,479 | €593,327 | +€167,847 | +39.4% |
| Cash at bank and in hand | 54/58 | €82,448 | €19,374 | -€63,074 | -76.5% |
| Deferred charges and accrued income | 490/1 | €6,492 | €8,180 | +€1,689 | +26.0% |
| Total equity and liabilities | 10/49 | €1,669,261 | €1,813,418 | +€144,157 | +8.6% |
| Equity | 10/15 | €379,592 | €382,190 | +€2,598 | +0.7% |
| Contributions | 10/11 | €172,430 | €172,430 | = | 0.0% |
| Capital | 10 | €172,430 | €172,430 | = | 0.0% |
| Issued capital | 100 | €172,430 | €172,430 | = | 0.0% |
| Reserves | 13 | €171,320 | €171,320 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,243 | €17,243 | = | 0.0% |
| Legal reserve | 130 | €17,243 | €17,243 | = | 0.0% |
| Tax-exempt reserves | 132 | €7,407 | €7,407 | = | 0.0% |
| Distributable reserves | 133 | €146,670 | €146,670 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,842 | €38,440 | +€2,598 | +7.2% |
| Amounts payable | 17/49 | €1,289,670 | €1,431,229 | +€141,559 | +11.0% |
| Amounts payable after more than one year | 17 | €279,483 | €552,693 | +€273,211 | +97.8% |
| Financial debts | 170/4 | €279,483 | €552,693 | +€273,211 | +97.8% |
| Amounts payable within one year | 42/48 | €1,010,187 | €877,311 | -€132,876 | -13.2% |
| Current portion of amounts payable after more than one year | 42 | €53,818 | €58,102 | +€4,285 | +8.0% |
| Financial debts | 43 | €251,691 | €305,000 | +€53,309 | +21.2% |
| Credit institutions | 430/8 | €251,691 | €305,000 | +€53,309 | +21.2% |
| Trade debts | 44 | €684,438 | €487,147 | -€197,291 | -28.8% |
| Suppliers | 440/4 | €684,438 | €487,147 | -€197,291 | -28.8% |
| Advances received on contracts in progress | 46 | €103 | - | -€103 | |
| Taxes, remuneration and social security | 45 | €13,287 | €27,061 | +€13,773 | +104% |
| Taxes | 450/3 | €5,484 | €19,052 | +€13,568 | +247% |
| Remuneration and social security | 454/9 | €7,803 | €8,009 | +€206 | +2.6% |
| Other amounts payable | 47/48 | €6,850 | - | -€6,850 | |
| Accrued charges and deferred income | 492/3 | - | €1,225 | +€1,225 | |
| Remuneration, social security and pensions | 62 | €64,242 | €109,716 | +€45,473 | +70.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €82,922 | €85,321 | +€2,399 | +2.9% |
| Other operating charges | 640/8 | €3,595 | €3,308 | -€287 | -8.0% |
| Gross operating margin | 9900 | €192,530 | €231,909 | +€39,380 | +20.5% |
| Operating profit (loss) | 9901 | €41,770 | €33,564 | -€8,206 | -19.6% |
| Financial income | 75/76B | €10,076 | €14,935 | +€4,859 | +48.2% |
| Recurring financial income | 75 | €10,076 | €14,935 | +€4,859 | +48.2% |
| Financial charges | 65/66B | €33,691 | €44,324 | +€10,633 | +31.6% |
| Recurring financial charges | 65 | €33,691 | €44,324 | +€10,633 | +31.6% |
| Profit (loss) for the period before taxes | 9903 | €18,155 | €4,175 | -€13,980 | -77.0% |
| Income taxes | 67/77 | €3,016 | €1,577 | -€1,440 | -47.7% |
| Profit (loss) for the period | 9904 | €15,139 | €2,598 | -€12,541 | -82.8% |
| Profit (loss) for the period to be appropriated | 9905 | €15,139 | €2,598 | -€12,541 | -82.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.