LOUCH: 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.
LOUCH
Largest movements
- Cash +€68,877
up €68,877 (+80.6%), from €85,412 to €154,289
mainly Net result for the year (+€58,066) and Tax, wage and social debts (+€11,536)
- Reserves +€58,066
up €58,066 (+98.3%), from €59,087 to €117,152
- Tax, wage and social debts +€11,536
up €11,536 (+50.2%), from €22,970 to €34,505
of which Taxes: +€12,736
- Gross operating margin +€1,411
up €1,411 (+1.7%), from €81,640 to €83,051
- Taxes +€966
up €966 (+4.4%), from €21,770 to €22,736
- Other operating charges +€938
up €938 (+125.0%), from €751 to €1,688
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 | €88,264 | €158,269 | +€70,005 | +79.3% |
| Fixed assets | 21/28 | - | €917 | +€917 | |
| Tangible fixed assets | 22/27 | - | €917 | +€917 | |
| Furniture and vehicles | 24 | - | €917 | +€917 | |
| Current assets | 29/58 | €88,264 | €157,352 | +€69,088 | +78.3% |
| Cash at bank and in hand | 54/58 | €85,412 | €154,289 | +€68,877 | +80.6% |
| Deferred charges and accrued income | 490/1 | €2,852 | €3,063 | +€212 | +7.4% |
| Total equity and liabilities | 10/49 | €88,264 | €158,269 | +€70,005 | +79.3% |
| Equity | 10/15 | €64,087 | €122,152 | +€58,066 | +90.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €59,087 | €117,152 | +€58,066 | +98.3% |
| Distributable reserves | 133 | €59,087 | €117,152 | +€58,066 | +98.3% |
| Amounts payable | 17/49 | €24,177 | €36,116 | +€11,939 | +49.4% |
| Amounts payable within one year | 42/48 | €24,177 | €36,000 | +€11,823 | +48.9% |
| Trade debts | 44 | €429 | €423 | -€6 | -1.3% |
| Suppliers | 440/4 | €429 | €423 | -€6 | -1.3% |
| Taxes, remuneration and social security | 45 | €22,970 | €34,505 | +€11,536 | +50.2% |
| Taxes | 450/3 | €21,770 | €34,505 | +€12,736 | +58.5% |
| Remuneration and social security | 454/9 | €1,200 | - | -€1,200 | |
| Other amounts payable | 47/48 | €779 | €1,071 | +€293 | +37.6% |
| Accrued charges and deferred income | 492/3 | - | €117 | +€117 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €402 | +€402 | |
| Other operating charges | 640/8 | €751 | €1,688 | +€938 | +125.0% |
| Gross operating margin | 9900 | €81,640 | €83,051 | +€1,411 | +1.7% |
| Operating profit (loss) | 9901 | €80,889 | €80,960 | +€71 | +0.1% |
| Financial income | 75/76B | €4 | €3 | -€1 | -34.5% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -34.5% |
| Financial charges | 65/66B | €37 | €162 | +€125 | +336.9% |
| Recurring financial charges | 65 | €37 | €162 | +€125 | +336.9% |
| Profit (loss) for the period before taxes | 9903 | €80,856 | €80,801 | -€55 | -0.1% |
| Income taxes | 67/77 | €21,770 | €22,736 | +€966 | +4.4% |
| Profit (loss) for the period | 9904 | €59,087 | €58,066 | -€1,021 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €59,087 | €58,066 | -€1,021 | -1.7% |
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 6 October 2026 via checked.be.