LOUIS: 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.
LOUIS
Largest movements
- Receivables within one year +€15,147
up €15,147 (+21.2%), from €71,315 to €86,462
of which Other amounts receivable: +€20,128
- Cash -€2,739
down €2,739 (-22.5%), from €12,164 to €9,425
mainly Receivables within one year (-€15,147) and Tax, wage and social debts (-€11,281)
- Tangible fixed assets -€2,132
down €2,132 (-54.9%), from €3,881 to €1,749
of which Furniture and vehicles: -€2,032
- Profit (loss) carried forward +€28,231
up €28,231 (+41.3%), from €68,304 to €96,536
- Tax, wage and social debts -€11,281
down €11,281 (-60.7%), from €18,600 to €7,319
- Debts after one year -€6,655
down €6,655 (-93.3%), from €7,136 to €481
- Contributions -€3,000
no longer reported in 2024 (was €3,000)
- Reserves +€3,000
up €3,000 (+13.5%), from €22,184 to €25,184
of which Non-distributable reserves: +€3,000
- Gross operating margin -€47,247
down €47,247 (-53.3%), from €88,635 to €41,389
- Taxes -€10,167
down €10,167 (-57.5%), from €17,687 to €7,520
- Financial income -€2,687
down €2,687 (-70.3%), from €3,823 to €1,136
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €132,360 | €143,394 | +€11,035 | +8.3% |
| Fixed assets | 21/28 | €48,881 | €46,749 | -€2,132 | -4.4% |
| Tangible fixed assets | 22/27 | €3,881 | €1,749 | -€2,132 | -54.9% |
| Plant, machinery and equipment | 23 | €104 | €4 | -€100 | -95.8% |
| Furniture and vehicles | 24 | €3,776 | €1,745 | -€2,032 | -53.8% |
| Financial fixed assets | 28 | €45,000 | €45,000 | = | 0.0% |
| Current assets | 29/58 | €83,479 | €96,646 | +€13,166 | +15.8% |
| Amounts receivable within one year | 40/41 | €71,315 | €86,462 | +€15,147 | +21.2% |
| Trade receivables | 40 | €15,303 | €10,322 | -€4,981 | -32.5% |
| Other amounts receivable | 41 | €56,012 | €76,140 | +€20,128 | +35.9% |
| Cash at bank and in hand | 54/58 | €12,164 | €9,425 | -€2,739 | -22.5% |
| Deferred charges and accrued income | 490/1 | - | €758 | +€758 | |
| Total equity and liabilities | 10/49 | €132,360 | €143,394 | +€11,035 | +8.3% |
| Equity | 10/15 | €93,488 | €121,720 | +€28,231 | +30.2% |
| Contributions | 10/11 | €3,000 | - | -€3,000 | |
| Reserves | 13 | €22,184 | €25,184 | +€3,000 | +13.5% |
| Non-distributable reserves | 130/1 | - | €3,000 | +€3,000 | |
| Reserves not available under the articles | 1311 | - | €3,000 | +€3,000 | |
| Distributable reserves | 133 | €22,184 | €22,184 | = | 0.0% |
| Profit (loss) carried forward | 14 | €68,304 | €96,536 | +€28,231 | +41.3% |
| Amounts payable | 17/49 | €38,872 | €21,675 | -€17,197 | -44.2% |
| Amounts payable after more than one year | 17 | €7,136 | €481 | -€6,655 | -93.3% |
| Financial debts | 170/4 | €7,136 | €481 | -€6,655 | -93.3% |
| Amounts payable within one year | 42/48 | €30,267 | €21,194 | -€9,073 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €4,241 | €5,724 | +€1,483 | +35.0% |
| Financial debts | 43 | €6,000 | €8,151 | +€2,151 | +35.8% |
| Credit institutions | 430/8 | €6,000 | €8,151 | +€2,151 | +35.8% |
| Trade debts | 44 | €1,425 | - | -€1,425 | |
| Suppliers | 440/4 | €1,425 | - | -€1,425 | |
| Taxes, remuneration and social security | 45 | €18,600 | €7,319 | -€11,281 | -60.7% |
| Taxes | 450/3 | €18,600 | €7,319 | -€11,281 | -60.7% |
| Accrued charges and deferred income | 492/3 | €1,468 | - | -€1,468 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,717 | €3,904 | +€187 | +5.0% |
| Other operating charges | 640/8 | €1,390 | €1,337 | -€53 | -3.8% |
| Gross operating margin | 9900 | €88,635 | €41,389 | -€47,247 | -53.3% |
| Operating profit (loss) | 9901 | €83,528 | €36,148 | -€47,381 | -56.7% |
| Financial income | 75/76B | €3,823 | €1,136 | -€2,687 | -70.3% |
| Recurring financial income | 75 | €3,823 | €1,136 | -€2,687 | -70.3% |
| Financial charges | 65/66B | €1,360 | €1,533 | +€172 | +12.7% |
| Recurring financial charges | 65 | €1,360 | €1,533 | +€172 | +12.7% |
| Profit (loss) for the period before taxes | 9903 | €85,991 | €35,751 | -€50,240 | -58.4% |
| Income taxes | 67/77 | €17,687 | €7,520 | -€10,167 | -57.5% |
| Profit (loss) for the period | 9904 | €68,304 | €28,231 | -€40,073 | -58.7% |
| Profit (loss) for the period to be appropriated | 9905 | €68,304 | €28,231 | -€40,073 | -58.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.