LOUI: 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.
LOUI
Largest movements
- Receivables within one year -€26,790
down €26,790 (-39.6%), from €67,573 to €40,783
of which Trade receivables: -€41,554
- Tangible fixed assets -€10,252
down €10,252 (-32.2%), from €31,856 to €21,604
of which Plant, machinery and equipment: -€5,160
- Cash +€6,140
up €6,140 (+47.9%), from €12,818 to €18,958
mainly Receivables within one year (+€26,790) and Trade debts (+€12,403)
- Tax, wage and social debts -€45,218
down €45,218 (-57.6%), from €78,563 to €33,345
of which Remuneration and social security: -€41,148
- Trade debts +€12,403
up €12,403 (+61.5%), from €20,157 to €32,560
- Profit (loss) carried forward +€2,768
up €2,768 (+14.1%), from €19,698 to €22,466
- Turnover -€298,259
no longer reported in 2025 (was €298,259)
- Purchases and services +€110,451
up €110,451 (+39.8%), from €277,510 to €387,960
- Gross operating margin -€12,583
down €12,583 (-24.7%), from €50,933 to €38,351
- Staff costs +€7,640
up €7,640 (+80.8%), from €9,457 to €17,097
- Taxes -€5,903
down €5,903 (-67.9%), from €8,690 to €2,788
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 | €131,117 | €101,070 | -€30,047 | -22.9% |
| Formation expenses | 20 | €875 | €875 | = | 0.0% |
| Fixed assets | 21/28 | €32,016 | €21,764 | -€10,252 | -32.0% |
| Tangible fixed assets | 22/27 | €31,856 | €21,604 | -€10,252 | -32.2% |
| Plant, machinery and equipment | 23 | €20,756 | €15,597 | -€5,160 | -24.9% |
| Furniture and vehicles | 24 | €11,099 | €6,007 | -€5,092 | -45.9% |
| Financial fixed assets | 28 | €160 | €160 | = | 0.0% |
| Current assets | 29/58 | €98,226 | €78,431 | -€19,795 | -20.2% |
| Stocks and contracts in progress | 3 | €3,599 | €3,599 | = | 0.0% |
| Stocks | 30/36 | €3,599 | €3,599 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €67,573 | €40,783 | -€26,790 | -39.6% |
| Trade receivables | 40 | €52,329 | €10,775 | -€41,554 | -79.4% |
| Other amounts receivable | 41 | €15,243 | €30,008 | +€14,764 | +96.9% |
| Cash at bank and in hand | 54/58 | €12,818 | €18,958 | +€6,140 | +47.9% |
| Deferred charges and accrued income | 490/1 | €14,237 | €15,092 | +€855 | +6.0% |
| Total equity and liabilities | 10/49 | €131,117 | €101,070 | -€30,047 | -22.9% |
| Equity | 10/15 | €32,397 | €35,165 | +€2,768 | +8.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €299 | €299 | = | 0.0% |
| Non-distributable reserves | 130/1 | €299 | €299 | = | 0.0% |
| Reserves not available under the articles | 1311 | €299 | €299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,698 | €22,466 | +€2,768 | +14.1% |
| Amounts payable | 17/49 | €98,719 | €65,905 | -€32,815 | -33.2% |
| Amounts payable within one year | 42/48 | €98,719 | €65,905 | -€32,815 | -33.2% |
| Trade debts | 44 | €20,157 | €32,560 | +€12,403 | +61.5% |
| Suppliers | 440/4 | €20,157 | €32,560 | +€12,403 | +61.5% |
| Taxes, remuneration and social security | 45 | €78,563 | €33,345 | -€45,218 | -57.6% |
| Taxes | 450/3 | €18,032 | €13,963 | -€4,070 | -22.6% |
| Remuneration and social security | 454/9 | €60,530 | €19,382 | -€41,148 | -68.0% |
| Turnover | 70 | €298,259 | - | -€298,259 | |
| Goods, raw materials, services and sundry goods | 60/61 | €277,510 | €387,960 | +€110,451 | +39.8% |
| Remuneration, social security and pensions | 62 | €9,457 | €17,097 | +€7,640 | +80.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,552 | €11,630 | -€921 | -7.3% |
| Other operating charges | 640/8 | €2,814 | €3,915 | +€1,102 | +39.2% |
| Gross operating margin | 9900 | €50,933 | €38,351 | -€12,583 | -24.7% |
| Operating profit (loss) | 9901 | €26,111 | €5,708 | -€20,403 | -78.1% |
| Financial charges | 65/66B | €221 | €153 | -€69 | -31.0% |
| Recurring financial charges | 65 | €221 | €153 | -€69 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €25,890 | €5,555 | -€20,334 | -78.5% |
| Income taxes | 67/77 | €8,690 | €2,788 | -€5,903 | -67.9% |
| Profit (loss) for the period | 9904 | €17,199 | €2,768 | -€14,432 | -83.9% |
| Profit (loss) for the period to be appropriated | 9905 | €17,199 | €2,768 | -€14,432 | -83.9% |
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 13 October 2026 via checked.be.