LOUCKX: 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.
LOUCKX
Largest movements
- Receivables within one year -€213,664
down €213,664 (-80.4%), from €265,793 to €52,129
of which Other amounts receivable: -€121,948
- Cash +€152,395
up €152,395 (+372.3%), from €40,935 to €193,330
mainly Receivables within one year (+€213,664) and Depreciation (+€18,619)
- Tangible fixed assets -€28,889
down €28,889 (-22.9%), from €126,276 to €97,387
of which Furniture and vehicles: -€21,277
- Trade debts -€33,258
down €33,258 (-90.0%), from €36,973 to €3,715
- Reserves -€27,000
down €27,000 (-24.0%), from €112,700 to €85,700
of which Distributable reserves: -€27,000
- Debts after one year -€14,543
no longer reported in 2025 (was €14,543)
- Current portion of long-term debt -€7,343
down €7,343 (-33.6%), from €21,886 to €14,543
- Tax, wage and social debts -€7,243
down €7,243 (-36.9%), from €19,648 to €12,405
of which Taxes: -€7,121
- Gross operating margin -€54,434
down €54,434 (-49.5%), from €110,072 to €55,638
- Staff costs -€16,368
down €16,368 (-38.1%), from €42,914 to €26,546
- Depreciation -€10,239
down €10,239 (-35.5%), from €28,858 to €18,619
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 | €434,553 | €344,396 | -€90,157 | -20.7% |
| Fixed assets | 21/28 | €127,825 | €98,937 | -€28,889 | -22.6% |
| Tangible fixed assets | 22/27 | €126,276 | €97,387 | -€28,889 | -22.9% |
| Land and buildings | 22 | €45,084 | €39,372 | -€5,712 | -12.7% |
| Plant, machinery and equipment | 23 | €10,862 | €15,068 | +€4,206 | +38.7% |
| Furniture and vehicles | 24 | €31,315 | €10,038 | -€21,277 | -67.9% |
| Other tangible fixed assets | 26 | €39,015 | €32,909 | -€6,106 | -15.6% |
| Financial fixed assets | 28 | €1,550 | €1,550 | = | 0.0% |
| Current assets | 29/58 | €306,728 | €245,459 | -€61,269 | -20.0% |
| Amounts receivable within one year | 40/41 | €265,793 | €52,129 | -€213,664 | -80.4% |
| Trade receivables | 40 | €94,063 | €2,348 | -€91,716 | -97.5% |
| Other amounts receivable | 41 | €171,729 | €49,781 | -€121,948 | -71.0% |
| Cash at bank and in hand | 54/58 | €40,935 | €193,330 | +€152,395 | +372.3% |
| Total equity and liabilities | 10/49 | €434,553 | €344,396 | -€90,157 | -20.7% |
| Equity | 10/15 | €318,364 | €291,181 | -€27,183 | -8.5% |
| Contributions | 10/11 | €183,000 | €183,000 | = | 0.0% |
| Reserves | 13 | €112,700 | €85,700 | -€27,000 | -24.0% |
| Non-distributable reserves | 130/1 | €18,300 | €18,300 | = | 0.0% |
| Reserves not available under the articles | 1311 | €18,300 | €18,300 | = | 0.0% |
| Distributable reserves | 133 | €94,400 | €67,400 | -€27,000 | -28.6% |
| Profit (loss) carried forward | 14 | €22,663 | €22,480 | -€183 | -0.8% |
| Amounts payable | 17/49 | €116,190 | €53,215 | -€62,974 | -54.2% |
| Amounts payable after more than one year | 17 | €14,543 | - | -€14,543 | |
| Financial debts | 170/4 | €14,543 | - | -€14,543 | |
| Amounts payable within one year | 42/48 | €101,646 | €53,215 | -€48,431 | -47.6% |
| Current portion of amounts payable after more than one year | 42 | €21,886 | €14,543 | -€7,343 | -33.6% |
| Trade debts | 44 | €36,973 | €3,715 | -€33,258 | -90.0% |
| Suppliers | 440/4 | €36,973 | €3,715 | -€33,258 | -90.0% |
| Taxes, remuneration and social security | 45 | €19,648 | €12,405 | -€7,243 | -36.9% |
| Taxes | 450/3 | €14,146 | €7,025 | -€7,121 | -50.3% |
| Remuneration and social security | 454/9 | €5,502 | €5,380 | -€122 | -2.2% |
| Other amounts payable | 47/48 | €23,140 | €22,552 | -€588 | -2.5% |
| Non-recurring operating income | 76A | €10,850 | €162 | -€10,688 | -98.5% |
| Remuneration, social security and pensions | 62 | €42,914 | €26,546 | -€16,368 | -38.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,858 | €18,619 | -€10,239 | -35.5% |
| Other operating charges | 640/8 | €1,304 | €1,279 | -€25 | -1.9% |
| Gross operating margin | 9900 | €110,072 | €55,638 | -€54,434 | -49.5% |
| Operating profit (loss) | 9901 | €36,996 | €9,194 | -€27,802 | -75.1% |
| Financial income | 75/76B | €1,918 | €1,115 | -€803 | -41.9% |
| Recurring financial income | 75 | €1,918 | €1,115 | -€803 | -41.9% |
| Financial charges | 65/66B | €3,922 | €3,134 | -€787 | -20.1% |
| Recurring financial charges | 65 | €3,922 | €3,134 | -€787 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €34,993 | €7,175 | -€27,818 | -79.5% |
| Income taxes | 67/77 | €7,537 | €7,358 | -€179 | -2.4% |
| Profit (loss) for the period | 9904 | €27,456 | -€183 | -€27,639 | |
| Profit (loss) for the period to be appropriated | 9905 | €27,456 | -€183 | -€27,639 |
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.