Loovan: what changed
Two fiscal 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.
Loovan
Largest movements
- Receivables after one year -€150,377
down €150,377 (-78.3%), from €192,000 to €41,623
- Cash -€27,019
down €27,019 (-12.6%), from €213,903 to €186,884
mainly Other debts (-€144,097) and Net result for the year (-€40,786)
- Tangible fixed assets -€20,876
down €20,876 (-31.8%), from €65,555 to €44,680
of which Other tangible fixed assets: -€27,637
- Other debts -€144,097
down €144,097 (-100.0%), from €144,097 to €0
- Reserves -€25,556
down €25,556 (-20.8%), from €122,955 to €97,399
- Current portion of long-term debt -€22,851
down €22,851 (-82.8%), from €27,586 to €4,735
- Profit (loss) carried forward -€15,230
down €15,230, from €0 to -€15,230
- Tax, wage and social debts +€12,442
up €12,442 (+26.7%), from €46,526 to €58,967
of which Remuneration and social security: +€20,600
- Staff costs +€41,693
up €41,693 (+10.9%), from €381,071 to €422,764
- Gross operating margin -€16,594
down €16,594 (-3.7%), from €447,370 to €430,775
- Taxes -€5,876
down €5,876 (-96.4%), from €6,094 to €218
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €491,134 | €297,299 | -€193,835 | -39.5% |
| Fixed assets | 21/28 | €66,055 | €45,180 | -€20,876 | -31.6% |
| Tangible fixed assets | 22/27 | €65,555 | €44,680 | -€20,876 | -31.8% |
| Plant, machinery and equipment | 23 | €11,110 | €16,185 | +€5,075 | +45.7% |
| Furniture and vehicles | 24 | €1,932 | €3,618 | +€1,686 | +87.3% |
| Other tangible fixed assets | 26 | €52,514 | €24,876 | -€27,637 | -52.6% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €425,079 | €252,119 | -€172,959 | -40.7% |
| Amounts receivable after more than one year | 29 | €192,000 | €41,623 | -€150,377 | -78.3% |
| Other amounts receivable | 291 | €192,000 | €41,623 | -€150,377 | -78.3% |
| Stocks and contracts in progress | 3 | €7,800 | €7,875 | +€75 | +1.0% |
| Stocks | 30/36 | €7,800 | €7,875 | +€75 | +1.0% |
| Amounts receivable within one year | 40/41 | €7,747 | €8,258 | +€511 | +6.6% |
| Trade receivables | 40 | €1,647 | €2,976 | +€1,329 | +80.7% |
| Other amounts receivable | 41 | €6,100 | €5,282 | -€818 | -13.4% |
| Cash at bank and in hand | 54/58 | €213,903 | €186,884 | -€27,019 | -12.6% |
| Deferred charges and accrued income | 490/1 | €3,629 | €7,479 | +€3,850 | +106.1% |
| Total equity and liabilities | 10/49 | €491,134 | €297,299 | -€193,835 | -39.5% |
| Equity | 10/15 | €241,555 | €200,769 | -€40,786 | -16.9% |
| Contributions | 10/11 | €118,600 | €118,600 | = | 0.0% |
| Reserves | 13 | €122,955 | €97,399 | -€25,556 | -20.8% |
| Distributable reserves | 133 | €122,955 | €97,399 | -€25,556 | -20.8% |
| Profit (loss) carried forward | 14 | €0 | -€15,230 | -€15,230 | |
| Amounts payable | 17/49 | €249,579 | €96,530 | -€153,049 | -61.3% |
| Amounts payable after more than one year | 17 | €4,735 | €0 | -€4,735 | -100.0% |
| Financial debts | 170/4 | €4,735 | €0 | -€4,735 | -100.0% |
| Amounts payable within one year | 42/48 | €244,467 | €96,530 | -€147,938 | -60.5% |
| Current portion of amounts payable after more than one year | 42 | €27,586 | €4,735 | -€22,851 | -82.8% |
| Trade debts | 44 | €26,259 | €32,827 | +€6,569 | +25.0% |
| Suppliers | 440/4 | €26,259 | €32,827 | +€6,569 | +25.0% |
| Taxes, remuneration and social security | 45 | €46,526 | €58,967 | +€12,442 | +26.7% |
| Taxes | 450/3 | €17,062 | €8,904 | -€8,158 | -47.8% |
| Remuneration and social security | 454/9 | €29,463 | €50,063 | +€20,600 | +69.9% |
| Other amounts payable | 47/48 | €144,097 | €0 | -€144,097 | -100.0% |
| Accrued charges and deferred income | 492/3 | €377 | €0 | -€377 | -100.0% |
| Remuneration, social security and pensions | 62 | €381,071 | €422,764 | +€41,693 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,996 | €41,133 | +€4,137 | +11.2% |
| Other operating charges | 640/8 | €2,832 | €3,051 | +€218 | +7.7% |
| Gross operating margin | 9900 | €447,370 | €430,775 | -€16,594 | -3.7% |
| Operating profit (loss) | 9901 | €26,471 | -€36,171 | -€62,642 | |
| Financial income | 75/76B | €7,892 | €4,056 | -€3,835 | -48.6% |
| Recurring financial income | 75 | €7,892 | €4,056 | -€3,835 | -48.6% |
| Financial charges | 65/66B | €9,672 | €8,453 | -€1,219 | -12.6% |
| Recurring financial charges | 65 | €9,672 | €8,453 | -€1,219 | -12.6% |
| Profit (loss) for the period before taxes | 9903 | €24,691 | -€40,567 | -€65,258 | |
| Income taxes | 67/77 | €6,094 | €218 | -€5,876 | -96.4% |
| Profit (loss) for the period | 9904 | €18,597 | -€40,786 | -€59,382 | |
| Profit (loss) for the period to be appropriated | 9905 | €18,597 | -€40,786 | -€59,382 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.