Louis De Waele Technics: what changed
Louis De Waele Technics
Largest movements
- Financial fixed assets -€5,200
down €5,200 (-100%), from €5,200 to €0
- Receivables within one year -€4,087
down €4,087 (-37.6%), from €10,872 to €6,786
of which Trade receivables: -€3,469
- Cash -€3,123
down €3,123 (-54.1%), from €5,768 to €2,645
mainly Net result for the year (-€15,995) and Trade debts (-€1,414)
- Profit (loss) carried forward -€15,995
down €15,995 (-4.3%), from -€375,991 to -€391,987
- Other debts +€5,000
up €5,000 (+1.5%), from €334,917 to €339,917
- Trade debts -€1,414
no longer reported in 2025 (was €1,414)
- Gross operating margin +€11,304
up €11,304 (+67.7%), from -€16,706 to -€5,402
- Other operating charges +€6,500
new in 2025: €6,500
- Financial charges +€1,737
up €1,737 (+73.7%), from €2,356 to €4,093
- Financial income -€621
no longer reported in 2025 (was €621)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €21,840 | €9,431 | -€12,410 | -56.8% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €5,200 | €0 | -€5,200 | -100% |
| Financial fixed assets | 28 | €5,200 | €0 | -€5,200 | -100% |
| Current assets | 29/58 | €16,640 | €9,431 | -€7,210 | -43.3% |
| Amounts receivable within one year | 40/41 | €10,872 | €6,786 | -€4,087 | -37.6% |
| Trade receivables | 40 | €10,245 | €6,776 | -€3,469 | -33.9% |
| Other amounts receivable | 41 | €628 | €10 | -€618 | -98.5% |
| Cash at bank and in hand | 54/58 | €5,768 | €2,645 | -€3,123 | -54.1% |
| Total equity and liabilities | 10/49 | €21,840 | €9,431 | -€12,410 | -56.8% |
| Equity | 10/15 | -€314,491 | -€330,487 | -€15,995 | -5.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€375,991 | -€391,987 | -€15,995 | -4.3% |
| Amounts payable | 17/49 | €336,332 | €339,917 | +€3,586 | +1.1% |
| Amounts payable within one year | 42/48 | €336,332 | €339,917 | +€3,586 | +1.1% |
| Trade debts | 44 | €1,414 | - | -€1,414 | |
| Suppliers | 440/4 | €1,414 | - | -€1,414 | |
| Other amounts payable | 47/48 | €334,917 | €339,917 | +€5,000 | +1.5% |
| Other operating charges | 640/8 | - | €6,500 | +€6,500 | |
| Gross operating margin | 9900 | -€16,706 | -€5,402 | +€11,304 | +67.7% |
| Operating profit (loss) | 9901 | -€16,706 | -€11,902 | +€4,804 | +28.8% |
| Financial income | 75/76B | €621 | - | -€621 | |
| Recurring financial income | 75 | €621 | - | -€621 | |
| Financial charges | 65/66B | €2,356 | €4,093 | +€1,737 | +73.7% |
| Recurring financial charges | 65 | €2,356 | €4,093 | +€1,737 | +73.7% |
| Profit (loss) for the period before taxes | 9903 | -€18,441 | -€15,995 | +€2,446 | +13.3% |
| Profit (loss) for the period | 9904 | -€18,441 | -€15,995 | +€2,446 | +13.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,441 | -€15,995 | +€2,446 | +13.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.