LOUISE A TABLE: 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.
LOUISE A TABLE
Largest movements
- Tangible fixed assets -€7,104
down €7,104 (-42.7%), from €16,628 to €9,524
- Deferred charges and accrued income +€2,060
up €2,060 (+419%), from €492 to €2,551
- Cash +€471
up €471 (+3.4%), from €14,026 to €14,497
mainly Net result for the year (+€9,568) and Depreciation (+€7,274)
- Other debts -€13,410
down €13,410 (-44.3%), from €30,263 to €16,853
- Profit (loss) carried forward +€9,568
up €9,568, from -€6,097 to €3,471
- Debts after one year -€1,125
down €1,125 (-32.4%), from €3,467 to €2,343
- Trade debts +€719
up €719 (+12.4%), from €5,789 to €6,507
- Tax, wage and social debts -€557
down €557 (-21.8%), from €2,549 to €1,992
of which Remuneration and social security: -€803
- Gross operating margin +€13,765
up €13,765 (+117%), from €11,813 to €25,578
- Depreciation -€1,166
down €1,166 (-13.8%), from €8,440 to €7,274
- Taxes +€969
new in 2025: €969
- Staff costs -€853
down €853 (-16.8%), from €5,065 to €4,211
- Financial charges -€448
down €448 (-17.9%), from €2,495 to €2,047
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 | €40,096 | €35,291 | -€4,805 | -12.0% |
| Fixed assets | 21/28 | €20,428 | €13,153 | -€7,274 | -35.6% |
| Intangible fixed assets | 21 | €639 | €469 | -€170 | -26.6% |
| Tangible fixed assets | 22/27 | €16,628 | €9,524 | -€7,104 | -42.7% |
| Plant, machinery and equipment | 23 | €16,628 | €9,524 | -€7,104 | -42.7% |
| Financial fixed assets | 28 | €3,160 | €3,160 | = | 0.0% |
| Current assets | 29/58 | €19,668 | €22,138 | +€2,470 | +12.6% |
| Stocks and contracts in progress | 3 | €5,058 | €5,069 | +€11 | +0.2% |
| Stocks | 30/36 | €5,058 | €5,069 | +€11 | +0.2% |
| Amounts receivable within one year | 40/41 | €92 | €20 | -€72 | -78.6% |
| Other amounts receivable | 41 | €92 | €20 | -€72 | -78.6% |
| Cash at bank and in hand | 54/58 | €14,026 | €14,497 | +€471 | +3.4% |
| Deferred charges and accrued income | 490/1 | €492 | €2,551 | +€2,060 | +419% |
| Total equity and liabilities | 10/49 | €40,096 | €35,291 | -€4,805 | -12.0% |
| Equity | 10/15 | -€3,097 | €6,471 | +€9,568 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,097 | €3,471 | +€9,568 | |
| Amounts payable | 17/49 | €43,192 | €28,820 | -€14,373 | -33.3% |
| Amounts payable after more than one year | 17 | €3,467 | €2,343 | -€1,125 | -32.4% |
| Financial debts | 170/4 | €3,467 | €2,343 | -€1,125 | -32.4% |
| Amounts payable within one year | 42/48 | €39,725 | €26,477 | -€13,248 | -33.3% |
| Current portion of amounts payable after more than one year | 42 | €1,125 | €1,125 | = | 0.0% |
| Trade debts | 44 | €5,789 | €6,507 | +€719 | +12.4% |
| Suppliers | 440/4 | €5,789 | €6,507 | +€719 | +12.4% |
| Taxes, remuneration and social security | 45 | €2,549 | €1,992 | -€557 | -21.8% |
| Taxes | 450/3 | €1,522 | €1,768 | +€246 | +16.2% |
| Remuneration and social security | 454/9 | €1,027 | €223 | -€803 | -78.2% |
| Other amounts payable | 47/48 | €30,263 | €16,853 | -€13,410 | -44.3% |
| Remuneration, social security and pensions | 62 | €5,065 | €4,211 | -€853 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,440 | €7,274 | -€1,166 | -13.8% |
| Other operating charges | 640/8 | €1,911 | €1,509 | -€401 | -21.0% |
| Gross operating margin | 9900 | €11,813 | €25,578 | +€13,765 | +117% |
| Operating profit (loss) | 9901 | -€3,602 | €12,584 | +€16,186 | |
| Financial charges | 65/66B | €2,495 | €2,047 | -€448 | -17.9% |
| Recurring financial charges | 65 | €2,495 | €2,047 | -€448 | -17.9% |
| Profit (loss) for the period before taxes | 9903 | -€6,097 | €10,537 | +€16,634 | |
| Income taxes | 67/77 | - | €969 | +€969 | |
| Profit (loss) for the period | 9904 | -€6,097 | €9,568 | +€15,665 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,097 | €9,568 | +€15,665 |
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.