LOUBAVA: 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.
LOUBAVA
Largest movements
- Tangible fixed assets -€16,597
down €16,597 (-8.1%), from €204,790 to €188,193
- Other debts -€46,309
down €46,309 (-9.3%), from €496,960 to €450,651
- Profit (loss) carried forward +€38,782
up €38,782 (+39.8%), from -€97,480 to -€58,697
- Debts after one year -€14,332
down €14,332 (-6.9%), from €206,903 to €192,571
- Gross operating margin +€20,604
up €20,604 (+48.8%), from €42,228 to €62,832
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €638,202 | €618,741 | -€19,461 | -3.0% |
| Fixed assets | 21/28 | €633,475 | €616,879 | -€16,597 | -2.6% |
| Tangible fixed assets | 22/27 | €204,790 | €188,193 | -€16,597 | -8.1% |
| Land and buildings | 22 | €204,790 | €188,193 | -€16,597 | -8.1% |
| Financial fixed assets | 28 | €428,685 | €428,685 | = | 0.0% |
| Current assets | 29/58 | €4,727 | €1,863 | -€2,864 | -60.6% |
| Cash at bank and in hand | 54/58 | €2,641 | €493 | -€2,148 | -81.3% |
| Deferred charges and accrued income | 490/1 | €2,086 | €1,370 | -€716 | -34.3% |
| Total equity and liabilities | 10/49 | €638,202 | €618,741 | -€19,461 | -3.0% |
| Equity | 10/15 | -€85,080 | -€46,297 | +€38,782 | +45.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€97,480 | -€58,697 | +€38,782 | +39.8% |
| Amounts payable | 17/49 | €723,282 | €665,039 | -€58,243 | -8.1% |
| Amounts payable after more than one year | 17 | €206,903 | €192,571 | -€14,332 | -6.9% |
| Financial debts | 170/4 | €206,903 | €192,571 | -€14,332 | -6.9% |
| Amounts payable within one year | 42/48 | €516,379 | €472,468 | -€43,911 | -8.5% |
| Current portion of amounts payable after more than one year | 42 | €15,270 | €15,516 | +€246 | +1.6% |
| Trade debts | 44 | €1,254 | €3,484 | +€2,230 | +177.8% |
| Suppliers | 440/4 | €1,254 | €3,484 | +€2,230 | +177.8% |
| Taxes, remuneration and social security | 45 | €2,894 | €2,817 | -€77 | -2.7% |
| Taxes | 450/3 | €2,894 | €2,817 | -€77 | -2.7% |
| Other amounts payable | 47/48 | €496,960 | €450,651 | -€46,309 | -9.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,966 | €19,022 | +€56 | +0.3% |
| Other operating charges | 640/8 | €1,046 | €1,128 | +€81 | +7.8% |
| Gross operating margin | 9900 | €42,228 | €62,832 | +€20,604 | +48.8% |
| Operating profit (loss) | 9901 | €22,215 | €42,683 | +€20,467 | +92.1% |
| Financial income | 75/76B | - | €13 | +€13 | |
| Recurring financial income | 75 | - | €13 | +€13 | |
| Financial charges | 65/66B | €3,987 | €3,913 | -€74 | -1.8% |
| Recurring financial charges | 65 | €3,987 | €3,913 | -€74 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €18,229 | €38,782 | +€20,553 | +112.8% |
| Profit (loss) for the period | 9904 | €18,229 | €38,782 | +€20,553 | +112.8% |
| Profit (loss) for the period to be appropriated | 9905 | €18,229 | €38,782 | +€20,553 | +112.8% |
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.