LOUISE AB: 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 AB
Largest movements
- Tangible fixed assets -€5,555
down €5,555 (-5.3%), from €105,448 to €99,894
of which Land and buildings: -€6,232
- Cash +€2,748
up €2,748 (+67.5%), from €4,072 to €6,820
mainly Depreciation (+€6,621) and Debts after one year (+€480)
- Reserves -€4,000
down €4,000 (-25.0%), from €16,000 to €12,000
- Gross operating margin -€5,010
down €5,010 (-44.3%), from €11,317 to €6,306
- Depreciation -€2,189
down €2,189 (-24.8%), from €8,810 to €6,621
- Other operating charges +€428
up €428 (+17.8%), from €2,403 to €2,831
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 | €111,328 | €108,535 | -€2,793 | -2.5% |
| Fixed assets | 21/28 | €105,448 | €99,894 | -€5,555 | -5.3% |
| Tangible fixed assets | 22/27 | €105,448 | €99,894 | -€5,555 | -5.3% |
| Land and buildings | 22 | €104,771 | €98,539 | -€6,232 | -5.9% |
| Furniture and vehicles | 24 | €678 | €1,355 | +€678 | +100.0% |
| Current assets | 29/58 | €5,879 | €8,641 | +€2,762 | +47.0% |
| Amounts receivable within one year | 40/41 | €1,731 | €1,731 | = | 0.0% |
| Other amounts receivable | 41 | €1,731 | €1,731 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €4,072 | €6,820 | +€2,748 | +67.5% |
| Deferred charges and accrued income | 490/1 | €77 | €90 | +€13 | +17.5% |
| Total equity and liabilities | 10/49 | €111,328 | €108,535 | -€2,793 | -2.5% |
| Equity | 10/15 | €34,738 | €31,553 | -€3,185 | -9.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Distributable reserves | 133 | €16,000 | €12,000 | -€4,000 | -25.0% |
| Profit (loss) carried forward | 14 | €138 | €953 | +€815 | +590% |
| Amounts payable | 17/49 | €76,590 | €76,982 | +€392 | +0.5% |
| Amounts payable after more than one year | 17 | €860 | €1,340 | +€480 | +55.8% |
| Other amounts payable | 178/9 | €860 | €1,340 | +€480 | +55.8% |
| Amounts payable within one year | 42/48 | €75,730 | €75,642 | -€88 | -0.1% |
| Other amounts payable | 47/48 | €75,730 | €75,642 | -€88 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,810 | €6,621 | -€2,189 | -24.8% |
| Other operating charges | 640/8 | €2,403 | €2,831 | +€428 | +17.8% |
| Gross operating margin | 9900 | €11,317 | €6,306 | -€5,010 | -44.3% |
| Operating profit (loss) | 9901 | €104 | -€3,145 | -€3,249 | |
| Financial charges | 65/66B | €44 | €40 | -€4 | -8.5% |
| Recurring financial charges | 65 | €44 | €40 | -€4 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €60 | -€3,185 | -€3,245 | |
| Profit (loss) for the period | 9904 | €60 | -€3,185 | -€3,245 | |
| Profit (loss) for the period to be appropriated | 9905 | €60 | -€3,185 | -€3,245 |
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.