Louis Soum: what changed
Louis Soum
Largest movements
- Cash +€7,739
up €7,739 (+15.8%), from €49,059 to €56,798
mainly Trade debts (+€10,879) and Net result for the year (+€8,129)
- Receivables within one year +€3,040
up €3,040 (+123%), from €2,473 to €5,513
of which Other amounts receivable: +€4,293
- Tangible fixed assets -€1,762
down €1,762 (-38.3%), from €4,601 to €2,839
- Trade debts +€10,879
up €10,879 (+429%), from €2,534 to €13,413
- Profit (loss) carried forward +€8,129
up €8,129 (+28.2%), from €28,812 to €36,941
- Tax, wage and social debts -€7,564
down €7,564 (-35.5%), from €21,336 to €13,772
of which Taxes: -€9,908
- Other debts -€2,428
down €2,428 (-99.0%), from €2,452 to €24
- Gross operating margin +€369,280
up €369,280 (+1,552%), from €23,797 to €393,077
- Financial charges +€357,330
up €357,330 (+96,129%), from €372 to €357,702
- Staff costs +€19,415
up €19,415 (+1,103%), from €1,761 to €21,176
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 | €56,133 | €65,150 | +€9,017 | +16.1% |
| Fixed assets | 21/28 | €4,601 | €2,839 | -€1,762 | -38.3% |
| Tangible fixed assets | 22/27 | €4,601 | €2,839 | -€1,762 | -38.3% |
| Furniture and vehicles | 24 | €4,601 | €2,839 | -€1,762 | -38.3% |
| Current assets | 29/58 | €51,532 | €62,311 | +€10,779 | +20.9% |
| Amounts receivable within one year | 40/41 | €2,473 | €5,513 | +€3,040 | +123% |
| Trade receivables | 40 | €2,323 | €1,070 | -€1,253 | -53.9% |
| Other amounts receivable | 41 | €150 | €4,443 | +€4,293 | +2,862% |
| Cash at bank and in hand | 54/58 | €49,059 | €56,798 | +€7,739 | +15.8% |
| Total equity and liabilities | 10/49 | €56,133 | €65,150 | +€9,017 | +16.1% |
| Equity | 10/15 | €29,812 | €37,941 | +€8,129 | +27.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,812 | €36,941 | +€8,129 | +28.2% |
| Amounts payable | 17/49 | €26,321 | €27,209 | +€888 | +3.4% |
| Amounts payable within one year | 42/48 | €26,321 | €27,209 | +€888 | +3.4% |
| Trade debts | 44 | €2,534 | €13,413 | +€10,879 | +429% |
| Suppliers | 440/4 | €2,534 | €13,413 | +€10,879 | +429% |
| Taxes, remuneration and social security | 45 | €21,336 | €13,772 | -€7,564 | -35.5% |
| Taxes | 450/3 | €19,743 | €9,835 | -€9,908 | -50.2% |
| Remuneration and social security | 454/9 | €1,593 | €3,937 | +€2,344 | +147% |
| Other amounts payable | 47/48 | €2,452 | €24 | -€2,428 | -99.0% |
| Remuneration, social security and pensions | 62 | €1,761 | €21,176 | +€19,415 | +1,103% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,266 | €2,664 | +€398 | +17.6% |
| Other operating charges | 640/8 | €998 | €15 | -€983 | -98.5% |
| Gross operating margin | 9900 | €23,797 | €393,077 | +€369,280 | +1,552% |
| Operating profit (loss) | 9901 | €18,773 | €369,222 | +€350,450 | +1,867% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €372 | €357,702 | +€357,330 | +96,129% |
| Recurring financial charges | 65 | €372 | €357,702 | +€357,330 | +96,129% |
| Profit (loss) for the period before taxes | 9903 | €18,402 | €11,521 | -€6,881 | -37.4% |
| Income taxes | 67/77 | €5,085 | €3,391 | -€1,694 | -33.3% |
| Profit (loss) for the period | 9904 | €13,317 | €8,129 | -€5,187 | -39.0% |
| Profit (loss) for the period to be appropriated | 9905 | €13,317 | €8,129 | -€5,187 | -39.0% |
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 4 November 2026 via checked.be.