LOUAMA: what changed
LOUAMA
Largest movements
- Cash +€24,953
up €24,953 (+141%), from €17,650 to €42,603
mainly Net result for the year (+€20,922) and Trade debts (+€11,472)
- Tangible fixed assets +€1,641
up €1,641 (+13.1%), from €12,497 to €14,138
of which Plant, machinery and equipment: +€2,994
- Receivables within one year -€1,594
down €1,594 (-11.1%), from €14,302 to €12,708
of which Other amounts receivable: -€1,594
- Profit (loss) carried forward +€16,076
up €16,076 (+74.6%), from €21,560 to €37,636
- Trade debts +€11,472
up €11,472 (+126%), from €9,096 to €20,568
- Tax, wage and social debts -€8,142
down €8,142 (-58.9%), from €13,832 to €5,690
of which Remuneration and social security: -€7,453
- Other debts +€4,000
new in 2025: €4,000
- Reserves +€846
up €846 (+141%), from €599 to €1,445
- Turnover +€48,981
up €48,981 (+18.9%), from €259,807 to €308,788
- Gross operating margin +€37,992
up €37,992 (+57.8%), from €65,684 to €103,676
- Staff costs +€19,911
up €19,911 (+37.1%), from €53,625 to €73,536
- Purchases and services +€10,990
up €10,990 (+5.7%), from €194,123 to €205,113
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,492 | €78,744 | +€24,252 | +44.5% |
| Fixed assets | 21/28 | €16,431 | €18,072 | +€1,641 | +10.0% |
| Tangible fixed assets | 22/27 | €12,497 | €14,138 | +€1,641 | +13.1% |
| Land and buildings | 22 | €9,070 | €7,700 | -€1,370 | -15.1% |
| Plant, machinery and equipment | 23 | €1,974 | €4,968 | +€2,994 | +152% |
| Furniture and vehicles | 24 | €1,453 | €1,470 | +€17 | +1.2% |
| Financial fixed assets | 28 | €3,934 | €3,934 | = | 0.0% |
| Current assets | 29/58 | €38,061 | €60,672 | +€22,611 | +59.4% |
| Stocks and contracts in progress | 3 | €1,872 | €1,124 | -€748 | -40.0% |
| Stocks | 30/36 | €1,872 | €1,124 | -€748 | -40.0% |
| Amounts receivable within one year | 40/41 | €14,302 | €12,708 | -€1,594 | -11.1% |
| Trade receivables | 40 | €10,029 | €10,029 | = | 0.0% |
| Other amounts receivable | 41 | €4,273 | €2,679 | -€1,594 | -37.3% |
| Cash at bank and in hand | 54/58 | €17,650 | €42,603 | +€24,953 | +141% |
| Deferred charges and accrued income | 490/1 | €4,237 | €4,237 | = | 0.0% |
| Total equity and liabilities | 10/49 | €54,492 | €78,744 | +€24,252 | +44.5% |
| Equity | 10/15 | €31,459 | €48,381 | +€16,922 | +53.8% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Capital | 10 | €9,300 | €9,300 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €599 | €1,445 | +€846 | +141% |
| Non-distributable reserves | 130/1 | €599 | €1,445 | +€846 | +141% |
| Legal reserve | 130 | €599 | €1,445 | +€846 | +141% |
| Profit (loss) carried forward | 14 | €21,560 | €37,636 | +€16,076 | +74.6% |
| Amounts payable | 17/49 | €23,033 | €30,363 | +€7,330 | +31.8% |
| Amounts payable within one year | 42/48 | €23,033 | €30,363 | +€7,330 | +31.8% |
| Financial debts | 43 | €105 | €105 | = | 0.0% |
| Credit institutions | 430/8 | €105 | €105 | = | 0.0% |
| Trade debts | 44 | €9,096 | €20,568 | +€11,472 | +126% |
| Suppliers | 440/4 | €9,096 | €20,568 | +€11,472 | +126% |
| Taxes, remuneration and social security | 45 | €13,832 | €5,690 | -€8,142 | -58.9% |
| Taxes | 450/3 | €2,783 | €2,094 | -€689 | -24.8% |
| Remuneration and social security | 454/9 | €11,049 | €3,596 | -€7,453 | -67.5% |
| Other amounts payable | 47/48 | - | €4,000 | +€4,000 | |
| Turnover | 70 | €259,807 | €308,788 | +€48,981 | +18.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €194,123 | €205,113 | +€10,990 | +5.7% |
| Remuneration, social security and pensions | 62 | €53,625 | €73,536 | +€19,911 | +37.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,876 | €5,029 | +€153 | +3.1% |
| Other operating charges | 640/8 | €1,440 | €2,333 | +€893 | +62.0% |
| Gross operating margin | 9900 | €65,684 | €103,676 | +€37,992 | +57.8% |
| Operating profit (loss) | 9901 | €5,743 | €22,778 | +€17,035 | +297% |
| Financial charges | 65/66B | €230 | €141 | -€89 | -38.7% |
| Recurring financial charges | 65 | €230 | €141 | -€89 | -38.7% |
| Profit (loss) for the period before taxes | 9903 | €5,513 | €22,637 | +€17,124 | +311% |
| Income taxes | 67/77 | €1,829 | €1,715 | -€114 | -6.2% |
| Profit (loss) for the period | 9904 | €3,684 | €20,922 | +€17,238 | +468% |
| Profit (loss) for the period to be appropriated | 9905 | €3,684 | €20,922 | +€17,238 | +468% |
Next steps
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 7 November 2026 via checked.be.