Louette: 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.
Louette
Largest movements
- Tangible fixed assets +€747,729
new in 2025: €747,729
- Cash -€61,246
down €61,246 (-70.2%), from €87,291 to €26,045
mainly Investment in fixed assets (net) (-€781,500) and Receivables within one year (-€33,255)
- Receivables within one year +€33,255
new in 2025: €33,255
- Debts after one year +€708,653
new in 2025: €708,653
- Current portion of long-term debt +€38,197
new in 2025: €38,197
- Tax, wage and social debts -€15,917
down €15,917 (-52.6%), from €30,272 to €14,355
of which Taxes: -€18,053
- Advances received -€12,000
no longer reported in 2025 (was €12,000)
- Other operating charges +€60,981
up €60,981 (+138,593%), from €44 to €61,025
- Gross operating margin +€51,202
up €51,202 (+103%), from €49,807 to €101,009
- Depreciation +€33,771
new in 2025: €33,771
- Taxes -€12,441
no longer reported in 2025 (was €12,441)
- Financial charges +€3,339
new in 2025: €3,339
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 | €87,291 | €809,839 | +€722,548 | +828% |
| Fixed assets | 21/28 | - | €747,729 | +€747,729 | |
| Tangible fixed assets | 22/27 | - | €747,729 | +€747,729 | |
| Land and buildings | 22 | - | €747,729 | +€747,729 | |
| Current assets | 29/58 | €87,291 | €62,110 | -€25,181 | -28.8% |
| Amounts receivable within one year | 40/41 | - | €33,255 | +€33,255 | |
| Trade receivables | 40 | - | €33,255 | +€33,255 | |
| Cash at bank and in hand | 54/58 | €87,291 | €26,045 | -€61,246 | -70.2% |
| Deferred charges and accrued income | 490/1 | - | €2,810 | +€2,810 | |
| Total equity and liabilities | 10/49 | €87,291 | €809,839 | +€722,548 | +828% |
| Equity | 10/15 | €42,322 | €45,197 | +€2,875 | +6.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,322 | €40,197 | +€2,875 | +7.7% |
| Amounts payable | 17/49 | €44,969 | €764,642 | +€719,673 | +1,600% |
| Amounts payable after more than one year | 17 | - | €708,653 | +€708,653 | |
| Financial debts | 170/4 | - | €708,653 | +€708,653 | |
| Amounts payable within one year | 42/48 | €44,969 | €55,989 | +€11,020 | +24.5% |
| Current portion of amounts payable after more than one year | 42 | - | €38,197 | +€38,197 | |
| Trade debts | 44 | €2,697 | €3,437 | +€740 | +27.4% |
| Suppliers | 440/4 | €2,697 | €3,437 | +€740 | +27.4% |
| Advances received on contracts in progress | 46 | €12,000 | - | -€12,000 | |
| Taxes, remuneration and social security | 45 | €30,272 | €14,355 | -€15,917 | -52.6% |
| Taxes | 450/3 | €27,708 | €9,655 | -€18,053 | -65.2% |
| Remuneration and social security | 454/9 | €2,564 | €4,700 | +€2,136 | +83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €33,771 | +€33,771 | |
| Other operating charges | 640/8 | €44 | €61,025 | +€60,981 | +138,593% |
| Gross operating margin | 9900 | €49,807 | €101,009 | +€51,202 | +103% |
| Operating profit (loss) | 9901 | €49,763 | €6,213 | -€43,550 | -87.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | - | €3,339 | +€3,339 | |
| Recurring financial charges | 65 | - | €3,339 | +€3,339 | |
| Profit (loss) for the period before taxes | 9903 | €49,763 | €2,875 | -€46,888 | -94.2% |
| Income taxes | 67/77 | €12,441 | - | -€12,441 | |
| Profit (loss) for the period | 9904 | €37,322 | €2,875 | -€34,447 | -92.3% |
| Profit (loss) for the period to be appropriated | 9905 | €37,322 | €2,875 | -€34,447 | -92.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.