LOOZAM: 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.
What changed
LOOZAM
NACE 64.210, Activities of holding companies
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€129,408
2024 · €234,453-€105,045
Equity
€588,329
2024 · €503,921+€84,408
Cash
€38,546
2024 · €40,529-€1,983
Balance sheet total
€2.4m
2024 · €2.4m+€26,141
Largest movements
Assets
- Receivables within one year +€163,854
up €163,854 (+39.3%), from €417,387 to €581,241
of which Other amounts receivable: +€155,854
- Tangible fixed assets -€154,190
down €154,190 (-8.6%), from €1.8m to €1.6m
of which Land and buildings: -€153,251
Equity and liabilities
- Debts after one year -€95,898
down €95,898 (-6.5%), from €1.5m to €1.4m
- Reserves +€76,937
up €76,937 (+80.3%), from €95,781 to €172,718
of which Tax-exempt reserves: +€76,937
- Provisions +€25,646
up €25,646 (+82.5%), from €31,098 to €56,744
Income statement
- Gross operating margin -€141,684
down €141,684 (-33.4%), from €424,687 to €283,003
- Taxes -€31,719
down €31,719 (-89.1%), from €35,619 to €3,899
- Financial charges -€19,892
down €19,892 (-30.9%), from €64,451 to €44,558
- Other operating charges -€7,161
down €7,161 (-35.6%), from €20,100 to €12,939
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
€234,453
Gross operating margin
-€141,684
Depreciation
-€567
Other operating charges
+€7,161
Other operating items
-€27,807
Financial income
+€787
Financial charges
+€19,892
Taxes
+€31,719
Deferred taxes and other
+€5,453
Result 2025
€129,408
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.
From operations
+€59,769
Investment
+€93,967
Financing
-€155,720
Cash 2024
€40,529
From operations (derived)
+€59,769
Net result for the year
+€129,408
Depreciation
+€60,223
Stocks and contracts
+€546
Receivables within one year
-€163,854
Deferred charges and accrued income
-€19,007
Provisions
+€25,646
Trade debts
+€7,707
Tax, wage and social debts
+€3,656
Other debts
+€15,444
Accrued charges and deferred income
-€0
Investment (derived)
+€93,967
Investment in fixed assets (net)
+€93,967
Financing
-€155,720
Debts after one year
-€95,898
Current portion of long-term debt
+€179
Short-term financial debts
-€15,000
Contributions, distributions and other
-€45,000
Cash 2025
€38,546
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,376,275 | €2,402,416 | +€26,141 | +1.1% |
| Fixed assets | 21/28 | €1,888,691 | €1,734,501 | -€154,190 | -8.2% |
| Tangible fixed assets | 22/27 | €1,788,691 | €1,634,501 | -€154,190 | -8.6% |
| Land and buildings | 22 | €1,784,558 | €1,631,307 | -€153,251 | -8.6% |
| Plant, machinery and equipment | 23 | €3,333 | €2,559 | -€774 | -23.2% |
| Furniture and vehicles | 24 | €799 | €634 | -€165 | -20.7% |
| Financial fixed assets | 28 | €100,000 | €100,000 | = | 0.0% |
| Current assets | 29/58 | €487,584 | €667,915 | +€180,332 | +37.0% |
| Stocks and contracts in progress | 3 | €3,960 | €3,414 | -€546 | -13.8% |
| Stocks | 30/36 | €3,960 | €3,414 | -€546 | -13.8% |
| Amounts receivable within one year | 40/41 | €417,387 | €581,241 | +€163,854 | +39.3% |
| Trade receivables | 40 | €6,048 | €14,048 | +€8,000 | +132.3% |
| Other amounts receivable | 41 | €411,340 | €567,193 | +€155,854 | +37.9% |
| Cash at bank and in hand | 54/58 | €40,529 | €38,546 | -€1,983 | -4.9% |
| Deferred charges and accrued income | 490/1 | €25,708 | €44,714 | +€19,007 | +73.9% |
| Total equity and liabilities | 10/49 | €2,376,275 | €2,402,416 | +€26,141 | +1.1% |
| Equity | 10/15 | €503,921 | €588,329 | +€84,408 | +16.8% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Reserves | 13 | €95,781 | €172,718 | +€76,937 | +80.3% |
| Tax-exempt reserves | 132 | €93,294 | €170,231 | +€76,937 | +82.5% |
| Distributable reserves | 133 | €2,487 | €2,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | €258,140 | €265,611 | +€7,471 | +2.9% |
| Provisions and deferred taxes | 16 | €31,098 | €56,744 | +€25,646 | +82.5% |
| Deferred taxes | 168 | €31,098 | €56,744 | +€25,646 | +82.5% |
| Amounts payable | 17/49 | €1,841,256 | €1,757,344 | -€83,912 | -4.6% |
| Amounts payable after more than one year | 17 | €1,468,459 | €1,372,561 | -€95,898 | -6.5% |
| Financial debts | 170/4 | €1,468,459 | €1,372,561 | -€95,898 | -6.5% |
| Amounts payable within one year | 42/48 | €372,797 | €384,783 | +€11,986 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €95,720 | €95,898 | +€179 | +0.2% |
| Financial debts | 43 | €215,000 | €200,000 | -€15,000 | -7.0% |
| Credit institutions | 430/8 | €215,000 | €200,000 | -€15,000 | -7.0% |
| Trade debts | 44 | €927 | €8,635 | +€7,707 | +831.2% |
| Suppliers | 440/4 | €927 | €8,635 | +€7,707 | +831.2% |
| Taxes, remuneration and social security | 45 | €24,079 | €27,735 | +€3,656 | +15.2% |
| Taxes | 450/3 | €19,761 | €25,884 | +€6,123 | +31.0% |
| Remuneration and social security | 454/9 | €4,318 | €1,851 | -€2,466 | -57.1% |
| Other amounts payable | 47/48 | €37,071 | €52,515 | +€15,444 | +41.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Non-recurring operating income | 76A | €128,393 | €102,582 | -€25,810 | -20.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,657 | €60,223 | +€567 | +0.9% |
| Other operating charges | 640/8 | €20,100 | €12,939 | -€7,161 | -35.6% |
| Non-recurring operating charges | 66A | - | €27,807 | +€27,807 | |
| Gross operating margin | 9900 | €424,687 | €283,003 | -€141,684 | -33.4% |
| Operating profit (loss) | 9901 | €344,930 | €182,034 | -€162,896 | -47.2% |
| Financial income | 75/76B | €20,690 | €21,477 | +€787 | +3.8% |
| Recurring financial income | 75 | €20,690 | €21,477 | +€787 | +3.8% |
| Financial charges | 65/66B | €64,451 | €44,558 | -€19,892 | -30.9% |
| Recurring financial charges | 65 | €64,451 | €44,558 | -€19,892 | -30.9% |
| Profit (loss) for the period before taxes | 9903 | €301,170 | €158,953 | -€142,217 | -47.2% |
| Transfer to deferred taxes | 680 | €31,098 | €25,646 | -€5,453 | -17.5% |
| Income taxes | 67/77 | €35,619 | €3,899 | -€31,719 | -89.1% |
| Profit (loss) for the period | 9904 | €234,453 | €129,408 | -€105,045 | -44.8% |
| Transfer to tax-exempt reserves | 689 | €93,294 | €76,937 | -€16,358 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | €141,158 | €52,471 | -€88,687 | -62.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.