LOU - JEAN: 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.
LOU - JEAN
Largest movements
- Cash -€18,088
down €18,088 (-50.5%), from €35,832 to €17,744
mainly Stocks and contracts (-€16,559) and Tax, wage and social debts (-€4,192)
- Stocks and contracts +€16,559
up €16,559 (+14.2%), from €116,725 to €133,284
- Tangible fixed assets -€3,934
down €3,934 (-7.1%), from €55,572 to €51,638
of which Land and buildings: -€4,166
- Tax, wage and social debts -€4,192
no longer reported in 2025 (was €4,192)
- Gross operating margin +€7,189
up €7,189, from -€1,154 to €6,035
- Other operating charges -€390
down €390 (-20.5%), from €1,905 to €1,515
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €208,622 | €203,563 | -€5,059 | -2.4% |
| Fixed assets | 21/28 | €55,634 | €51,700 | -€3,934 | -7.1% |
| Tangible fixed assets | 22/27 | €55,572 | €51,638 | -€3,934 | -7.1% |
| Land and buildings | 22 | €55,572 | €51,406 | -€4,166 | -7.5% |
| Furniture and vehicles | 24 | - | €232 | +€232 | |
| Financial fixed assets | 28 | €62 | €62 | = | 0.0% |
| Current assets | 29/58 | €152,988 | €151,863 | -€1,125 | -0.7% |
| Stocks and contracts in progress | 3 | €116,725 | €133,284 | +€16,559 | +14.2% |
| Stocks | 30/36 | €116,725 | €133,284 | +€16,559 | +14.2% |
| Amounts receivable within one year | 40/41 | - | €181 | +€181 | |
| Other amounts receivable | 41 | - | €181 | +€181 | |
| Cash at bank and in hand | 54/58 | €35,832 | €17,744 | -€18,088 | -50.5% |
| Deferred charges and accrued income | 490/1 | €431 | €654 | +€223 | +51.7% |
| Total equity and liabilities | 10/49 | €208,622 | €203,563 | -€5,059 | -2.4% |
| Equity | 10/15 | €60,357 | €60,709 | +€352 | +0.6% |
| Contributions | 10/11 | €127,930 | €127,930 | = | 0.0% |
| Capital | 10 | €127,930 | €127,930 | = | 0.0% |
| Issued capital | 100 | €127,930 | €127,930 | = | 0.0% |
| Reserves | 13 | €983 | €983 | = | 0.0% |
| Non-distributable reserves | 130/1 | €983 | €983 | = | 0.0% |
| Legal reserve | 130 | €983 | €983 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,556 | -€68,204 | +€352 | +0.5% |
| Amounts payable | 17/49 | €148,265 | €142,854 | -€5,411 | -3.6% |
| Amounts payable within one year | 42/48 | €147,225 | €142,854 | -€4,371 | -3.0% |
| Trade debts | 44 | - | €32 | +€32 | |
| Suppliers | 440/4 | - | €32 | +€32 | |
| Taxes, remuneration and social security | 45 | €4,192 | - | -€4,192 | |
| Taxes | 450/3 | €4,192 | - | -€4,192 | |
| Other amounts payable | 47/48 | €143,033 | €142,822 | -€211 | -0.1% |
| Accrued charges and deferred income | 492/3 | €1,040 | - | -€1,040 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,902 | €3,934 | +€32 | +0.8% |
| Other operating charges | 640/8 | €1,905 | €1,515 | -€390 | -20.5% |
| Gross operating margin | 9900 | -€1,154 | €6,035 | +€7,189 | |
| Operating profit (loss) | 9901 | -€6,961 | €586 | +€7,547 | |
| Financial charges | 65/66B | €215 | €234 | +€19 | +8.8% |
| Recurring financial charges | 65 | €215 | €234 | +€19 | +8.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,176 | €352 | +€7,528 | |
| Profit (loss) for the period | 9904 | -€7,176 | €352 | +€7,528 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,176 | €352 | +€7,528 |
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 29 October 2026 via checked.be.