Louise 413: what changed
Louise 413
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€99,456
down €99,456 (-44.8%), from -€222,125 to -€321,581
- Other debts +€95,442
up €95,442 (+5.0%), from €1.9m to €2.0m
- Financial charges -€16,734
down €16,734 (-16.1%), from €103,652 to €86,918
- Gross operating margin -€780
down €780 (-7.2%), from -€10,759 to -€11,539
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 | €1,917,015 | €1,914,299 | -€2,716 | -0.1% |
| Fixed assets | 21/28 | €1,912,500 | €1,912,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €1,912,500 | €1,912,500 | = | 0.0% |
| Other tangible fixed assets | 26 | €1,912,500 | €1,912,500 | = | 0.0% |
| Current assets | 29/58 | €4,515 | €1,799 | -€2,716 | -60.1% |
| Cash at bank and in hand | 54/58 | €4,515 | €1,799 | -€2,716 | -60.1% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €1,917,015 | €1,914,299 | -€2,716 | -0.1% |
| Equity | 10/15 | -€12,125 | -€111,581 | -€99,456 | -820% |
| Contributions | 10/11 | €210,000 | €210,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€222,125 | -€321,581 | -€99,456 | -44.8% |
| Amounts payable | 17/49 | €1,929,140 | €2,025,880 | +€96,740 | +5.0% |
| Amounts payable within one year | 42/48 | €1,926,716 | €2,023,570 | +€96,854 | +5.0% |
| Trade debts | 44 | €5,206 | €6,618 | +€1,412 | +27.1% |
| Suppliers | 440/4 | €5,206 | €6,618 | +€1,412 | +27.1% |
| Other amounts payable | 47/48 | €1,921,510 | €2,016,952 | +€95,442 | +5.0% |
| Accrued charges and deferred income | 492/3 | €2,423 | €2,310 | -€113 | -4.7% |
| Other operating charges | 640/8 | €968 | €998 | +€31 | +3.2% |
| Gross operating margin | 9900 | -€10,759 | -€11,539 | -€780 | -7.2% |
| Operating profit (loss) | 9901 | -€11,727 | -€12,538 | -€811 | -6.9% |
| Financial charges | 65/66B | €103,652 | €86,918 | -€16,734 | -16.1% |
| Recurring financial charges | 65 | €103,652 | €86,918 | -€16,734 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | -€115,379 | -€99,456 | +€15,923 | +13.8% |
| Profit (loss) for the period | 9904 | -€115,379 | -€99,456 | +€15,923 | +13.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€115,379 | -€99,456 | +€15,923 | +13.8% |
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.