Louisal: 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.
Louisal
Largest movements
- Cash +€35,355
up €35,355 (+132%), from €26,804 to €62,159
mainly Net result for the year (+€38,709) and Depreciation (+€10,848)
- Receivables within one year +€11,221
up €11,221 (+70.2%), from €15,995 to €27,216
of which Trade receivables: +€6,022
- Tangible fixed assets -€9,348
down €9,348 (-21.5%), from €43,439 to €34,091
of which Leasing and similar rights: -€10,499
- Profit (loss) carried forward +€38,709
up €38,709 (+130%), from €29,857 to €68,566
- Debts after one year -€10,378
down €10,378 (-31.5%), from €32,915 to €22,536
- Trade debts +€4,598
up €4,598 (+396%), from €1,162 to €5,760
- Tax, wage and social debts +€2,171
up €2,171 (+27.6%), from €7,871 to €10,042
- Other debts +€1,819
up €1,819 (+88.6%), from €2,052 to €3,871
- Gross operating margin +€22,419
up €22,419 (+55.3%), from €40,512 to €62,931
- Taxes +€4,616
up €4,616 (+78.3%), from €5,895 to €10,511
- Depreciation +€1,070
up €1,070 (+10.9%), from €9,778 to €10,848
- Financial charges -€928
down €928 (-36.2%), from €2,560 to €1,632
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 | €86,238 | €123,466 | +€37,228 | +43.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €43,439 | €34,091 | -€9,348 | -21.5% |
| Tangible fixed assets | 22/27 | €43,439 | €34,091 | -€9,348 | -21.5% |
| Plant, machinery and equipment | 23 | - | €1,387 | +€1,387 | |
| Furniture and vehicles | 24 | €582 | €346 | -€236 | -40.5% |
| Leasing and similar rights | 25 | €42,857 | €32,358 | -€10,499 | -24.5% |
| Current assets | 29/58 | €42,799 | €89,375 | +€46,576 | +109% |
| Amounts receivable within one year | 40/41 | €15,995 | €27,216 | +€11,221 | +70.2% |
| Trade receivables | 40 | €13,886 | €19,908 | +€6,022 | +43.4% |
| Other amounts receivable | 41 | €2,109 | €7,308 | +€5,199 | +247% |
| Cash at bank and in hand | 54/58 | €26,804 | €62,159 | +€35,355 | +132% |
| Total equity and liabilities | 10/49 | €86,238 | €123,466 | +€37,228 | +43.2% |
| Equity | 10/15 | €32,257 | €70,966 | +€38,709 | +120% |
| Contributions | 10/11 | €2,400 | €2,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | €29,857 | €68,566 | +€38,709 | +130% |
| Amounts payable | 17/49 | €53,981 | €52,500 | -€1,481 | -2.7% |
| Amounts payable after more than one year | 17 | €32,915 | €22,536 | -€10,378 | -31.5% |
| Financial debts | 170/4 | €32,915 | €22,536 | -€10,378 | -31.5% |
| Amounts payable within one year | 42/48 | €21,067 | €29,964 | +€8,897 | +42.2% |
| Current portion of amounts payable after more than one year | 42 | €9,982 | €10,291 | +€310 | +3.1% |
| Trade debts | 44 | €1,162 | €5,760 | +€4,598 | +396% |
| Suppliers | 440/4 | €1,162 | €5,760 | +€4,598 | +396% |
| Taxes, remuneration and social security | 45 | €7,871 | €10,042 | +€2,171 | +27.6% |
| Taxes | 450/3 | €7,871 | €10,042 | +€2,171 | +27.6% |
| Other amounts payable | 47/48 | €2,052 | €3,871 | +€1,819 | +88.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,778 | €10,848 | +€1,070 | +10.9% |
| Other operating charges | 640/8 | €1,381 | €1,234 | -€147 | -10.6% |
| Gross operating margin | 9900 | €40,512 | €62,931 | +€22,419 | +55.3% |
| Operating profit (loss) | 9901 | €29,353 | €50,849 | +€21,496 | +73.2% |
| Financial income | 75/76B | - | €3 | +€3 | |
| Recurring financial income | 75 | - | €3 | +€3 | |
| Financial charges | 65/66B | €2,560 | €1,632 | -€928 | -36.2% |
| Recurring financial charges | 65 | €2,560 | €1,632 | -€928 | -36.2% |
| Profit (loss) for the period before taxes | 9903 | €26,793 | €49,220 | +€22,427 | +83.7% |
| Income taxes | 67/77 | €5,895 | €10,511 | +€4,616 | +78.3% |
| Profit (loss) for the period | 9904 | €20,898 | €38,709 | +€17,811 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €20,898 | €38,709 | +€17,811 | +85.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.