LOUBO CONCEPT: 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.
LOUBO CONCEPT
Largest movements
- Tangible fixed assets -€93,624
down €93,624 (-3.3%), from €2.8m to €2.7m
of which Land and buildings: -€67,717
- Receivables within one year -€47,751
down €47,751 (-81.4%), from €58,667 to €10,916
of which Trade receivables: -€41,467
- Profit (loss) carried forward -€102,679
down €102,679, from €0 to -€102,679
- Trade debts -€72,372
down €72,372 (-96.6%), from €74,924 to €2,552
- Debts after one year +€69,101
up €69,101 (+4.7%), from €1.5m to €1.5m
of which Other amounts payable: +€145,057
- Gross operating margin -€663,964
down €663,964 (-82.1%), from €808,946 to €144,982
- Taxes -€105,154
down €105,154 (-99.3%), from €105,857 to €704
- Financial charges +€61,726
up €61,726 (+632%), from €9,773 to €71,498
- Depreciation +€19,399
up €19,399 (+13.5%), from €144,217 to €163,616
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 | €2,889,548 | €2,781,334 | -€108,214 | -3.7% |
| Fixed assets | 21/28 | €2,814,960 | €2,721,336 | -€93,624 | -3.3% |
| Tangible fixed assets | 22/27 | €2,814,960 | €2,721,336 | -€93,624 | -3.3% |
| Land and buildings | 22 | €2,681,026 | €2,613,309 | -€67,717 | -2.5% |
| Furniture and vehicles | 24 | €133,934 | €108,027 | -€25,907 | -19.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €74,588 | €59,998 | -€14,590 | -19.6% |
| Amounts receivable within one year | 40/41 | €58,667 | €10,916 | -€47,751 | -81.4% |
| Trade receivables | 40 | €52,357 | €10,890 | -€41,467 | -79.2% |
| Other amounts receivable | 41 | €6,310 | €26 | -€6,285 | -99.6% |
| Cash at bank and in hand | 54/58 | €15,102 | €43,555 | +€28,453 | +188% |
| Deferred charges and accrued income | 490/1 | €819 | €5,527 | +€4,708 | +575% |
| Total equity and liabilities | 10/49 | €2,889,548 | €2,781,334 | -€108,214 | -3.7% |
| Equity | 10/15 | €1,200,024 | €1,097,345 | -€102,679 | -8.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,181,424 | €1,181,424 | = | 0.0% |
| Distributable reserves | 133 | €1,181,424 | €1,181,424 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€102,679 | -€102,679 | |
| Amounts payable | 17/49 | €1,689,524 | €1,683,989 | -€5,535 | -0.3% |
| Amounts payable after more than one year | 17 | €1,477,149 | €1,546,250 | +€69,101 | +4.7% |
| Financial debts | 170/4 | €753,946 | €677,989 | -€75,956 | -10.1% |
| Other amounts payable | 178/9 | €723,203 | €868,260 | +€145,057 | +20.1% |
| Amounts payable within one year | 42/48 | €212,169 | €137,740 | -€74,430 | -35.1% |
| Current portion of amounts payable after more than one year | 42 | €74,891 | €75,956 | +€1,065 | +1.4% |
| Financial debts | 43 | €0 | - | = | |
| Other loans | 439 | €0 | - | = | |
| Trade debts | 44 | €74,924 | €2,552 | -€72,372 | -96.6% |
| Suppliers | 440/4 | €74,924 | €2,552 | -€72,372 | -96.6% |
| Taxes, remuneration and social security | 45 | €62,354 | €59,231 | -€3,123 | -5.0% |
| Taxes | 450/3 | €62,354 | €59,231 | -€3,123 | -5.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €206 | €0 | -€206 | -100% |
| Non-recurring operating income | 76A | €477,752 | €15,516 | -€462,236 | -96.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,217 | €163,616 | +€19,399 | +13.5% |
| Other operating charges | 640/8 | €8,240 | €8,012 | -€227 | -2.8% |
| Non-recurring operating charges | 66A | - | €3,882 | +€3,882 | |
| Gross operating margin | 9900 | €808,946 | €144,982 | -€663,964 | -82.1% |
| Operating profit (loss) | 9901 | €656,490 | -€30,528 | -€687,018 | |
| Financial income | 75/76B | €109 | €51 | -€57 | -52.9% |
| Recurring financial income | 75 | €109 | €51 | -€57 | -52.9% |
| Financial charges | 65/66B | €9,773 | €71,498 | +€61,726 | +632% |
| Recurring financial charges | 65 | €9,773 | €71,498 | +€61,726 | +632% |
| Profit (loss) for the period before taxes | 9903 | €646,826 | -€101,975 | -€748,801 | |
| Income taxes | 67/77 | €105,857 | €704 | -€105,154 | -99.3% |
| Profit (loss) for the period | 9904 | €540,968 | -€102,679 | -€643,647 | |
| Profit (loss) for the period to be appropriated | 9905 | €540,968 | -€102,679 | -€643,647 |
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 16 October 2026 via checked.be.