Louis Dresse: 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 Dresse
Largest movements
- Cash +€43,706
up €43,706 (+150%), from €29,122 to €72,828
mainly Tax, wage and social debts (+€25,736) and Net result for the year (+€18,403)
- Receivables within one year +€14,000
up €14,000 (+475%), from €2,950 to €16,950
of which Trade receivables: +€14,000
- Deferred charges and accrued income +€1,244
up €1,244, from €0 to €1,244
- Tax, wage and social debts +€25,736
up €25,736 (+1,709%), from €1,506 to €27,242
of which Remuneration and social security: +€16,610
- Profit (loss) carried forward +€18,403
up €18,403 (+73.8%), from €24,945 to €43,348
- Trade debts +€15,100
up €15,100 (+438%), from €3,447 to €18,547
- Gross operating margin +€11,192
up €11,192 (+82.5%), from €13,562 to €24,754
- Taxes +€2,108
up €2,108 (+78.9%), from €2,672 to €4,779
- Financial charges +€431
up €431 (+293%), from €147 to €579
- Other operating charges +€428
up €428, from €0 to €428
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 | €32,560 | €91,637 | +€59,077 | +181% |
| Fixed assets | 21/28 | €488 | €614 | +€126 | +25.9% |
| Tangible fixed assets | 22/27 | €488 | €614 | +€126 | +25.9% |
| Furniture and vehicles | 24 | €488 | €614 | +€126 | +25.9% |
| Current assets | 29/58 | €32,072 | €91,023 | +€58,950 | +184% |
| Amounts receivable within one year | 40/41 | €2,950 | €16,950 | +€14,000 | +475% |
| Trade receivables | 40 | €2,822 | €16,822 | +€14,000 | +496% |
| Other amounts receivable | 41 | €128 | €128 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €29,122 | €72,828 | +€43,706 | +150% |
| Deferred charges and accrued income | 490/1 | €0 | €1,244 | +€1,244 | |
| Total equity and liabilities | 10/49 | €32,560 | €91,637 | +€59,077 | +181% |
| Equity | 10/15 | €27,445 | €45,848 | +€18,403 | +67.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,945 | €43,348 | +€18,403 | +73.8% |
| Amounts payable | 17/49 | €5,115 | €45,788 | +€40,673 | +795% |
| Amounts payable within one year | 42/48 | €5,115 | €45,788 | +€40,673 | +795% |
| Trade debts | 44 | €3,447 | €18,547 | +€15,100 | +438% |
| Suppliers | 440/4 | €3,447 | €18,547 | +€15,100 | +438% |
| Taxes, remuneration and social security | 45 | €1,506 | €27,242 | +€25,736 | +1,709% |
| Taxes | 450/3 | €1,506 | €10,632 | +€9,126 | +606% |
| Remuneration and social security | 454/9 | €0 | €16,610 | +€16,610 | |
| Other amounts payable | 47/48 | €162 | €0 | -€162 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €455 | €573 | +€118 | +26.0% |
| Other operating charges | 640/8 | €0 | €428 | +€428 | |
| Gross operating margin | 9900 | €13,562 | €24,754 | +€11,192 | +82.5% |
| Operating profit (loss) | 9901 | €13,108 | €23,753 | +€10,645 | +81.2% |
| Financial income | 75/76B | €0 | €9 | +€9 | |
| Recurring financial income | 75 | €0 | €9 | +€9 | |
| Financial charges | 65/66B | €147 | €579 | +€431 | +293% |
| Recurring financial charges | 65 | €147 | €579 | +€431 | +293% |
| Profit (loss) for the period before taxes | 9903 | €12,960 | €23,183 | +€10,223 | +78.9% |
| Income taxes | 67/77 | €2,672 | €4,779 | +€2,108 | +78.9% |
| Profit (loss) for the period | 9904 | €10,288 | €18,403 | +€8,115 | +78.9% |
| Profit (loss) for the period to be appropriated | 9905 | €10,288 | €18,403 | +€8,115 | +78.9% |
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 26 October 2026 via checked.be.