LOUISE CARETTE: 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 CARETTE
Largest movements
- Receivables within one year +€21,752
up €21,752 (+28.4%), from €76,562 to €98,314
of which Other amounts receivable: +€20,304
- Tangible fixed assets -€11,562
down €11,562 (-6.5%), from €178,078 to €166,516
of which Land and buildings: -€7,076
- Reserves +€19,000
up €19,000 (+24.1%), from €78,860 to €97,860
of which Distributable reserves: +€19,000
- Debts after one year -€17,214
down €17,214 (-12.1%), from €142,335 to €125,121
- Tax, wage and social debts +€4,982
up €4,982 (+47.1%), from €10,584 to €15,566
of which Taxes: +€4,982
- Gross operating margin +€7,215
up €7,215 (+19.4%), from €37,102 to €44,317
- Financial income +€3,746
up €3,746 (+192%), from €1,952 to €5,698
- Taxes +€1,984
up €1,984 (+28.9%), from €6,862 to €8,846
- Other operating charges +€1,960
up €1,960 (+73.7%), from €2,661 to €4,621
- Financial charges -€769
down €769 (-13.8%), from €5,586 to €4,817
of which Financial charges: -€865
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 | €257,658 | €267,938 | +€10,280 | +4.0% |
| Fixed assets | 21/28 | €178,078 | €166,516 | -€11,562 | -6.5% |
| Tangible fixed assets | 22/27 | €178,078 | €166,516 | -€11,562 | -6.5% |
| Land and buildings | 22 | €149,382 | €142,306 | -€7,076 | -4.7% |
| Plant, machinery and equipment | 23 | €312 | €474 | +€162 | +51.9% |
| Furniture and vehicles | 24 | €1,859 | €1,351 | -€508 | -27.3% |
| Other tangible fixed assets | 26 | €26,525 | €22,385 | -€4,140 | -15.6% |
| Current assets | 29/58 | €79,580 | €101,422 | +€21,842 | +27.4% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €76,562 | €98,314 | +€21,752 | +28.4% |
| Trade receivables | 40 | - | €1,448 | +€1,448 | |
| Other amounts receivable | 41 | €76,562 | €96,866 | +€20,304 | +26.5% |
| Cash at bank and in hand | 54/58 | €131 | €159 | +€28 | +21.4% |
| Deferred charges and accrued income | 490/1 | €2,887 | €2,949 | +€62 | +2.1% |
| Total equity and liabilities | 10/49 | €257,658 | €267,938 | +€10,280 | +4.0% |
| Equity | 10/15 | €85,733 | €104,914 | +€19,181 | +22.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €78,860 | €97,860 | +€19,000 | +24.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €77,000 | €96,000 | +€19,000 | +24.7% |
| Profit (loss) carried forward | 14 | €673 | €854 | +€181 | +26.9% |
| Amounts payable | 17/49 | €171,925 | €163,024 | -€8,901 | -5.2% |
| Amounts payable after more than one year | 17 | €142,335 | €125,121 | -€17,214 | -12.1% |
| Financial debts | 170/4 | €142,335 | €125,121 | -€17,214 | -12.1% |
| Amounts payable within one year | 42/48 | €29,590 | €37,903 | +€8,313 | +28.1% |
| Current portion of amounts payable after more than one year | 42 | €15,844 | €17,214 | +€1,370 | +8.6% |
| Trade debts | 44 | €3,162 | €5,123 | +€1,961 | +62.0% |
| Suppliers | 440/4 | €3,162 | €5,123 | +€1,961 | +62.0% |
| Taxes, remuneration and social security | 45 | €10,584 | €15,566 | +€4,982 | +47.1% |
| Taxes | 450/3 | €10,584 | €15,566 | +€4,982 | +47.1% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €0 | - | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,857 | €12,550 | +€693 | +5.8% |
| Other operating charges | 640/8 | €2,661 | €4,621 | +€1,960 | +73.7% |
| Non-recurring operating charges | 66A | €9 | - | -€9 | |
| Gross operating margin | 9900 | €37,102 | €44,317 | +€7,215 | +19.4% |
| Operating profit (loss) | 9901 | €22,575 | €27,146 | +€4,571 | +20.2% |
| Financial income | 75/76B | €1,952 | €5,698 | +€3,746 | +192% |
| Recurring financial income | 75 | €1,952 | €5,698 | +€3,746 | +192% |
| Financial charges | 65/66B | €5,586 | €4,817 | -€769 | -13.8% |
| Recurring financial charges | 65 | €5,217 | €4,352 | -€865 | -16.6% |
| Non-recurring financial charges | 66B | €369 | €465 | +€96 | +26.0% |
| Profit (loss) for the period before taxes | 9903 | €18,941 | €28,027 | +€9,086 | +48.0% |
| Income taxes | 67/77 | €6,862 | €8,846 | +€1,984 | +28.9% |
| Profit (loss) for the period | 9904 | €12,079 | €19,181 | +€7,102 | +58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €12,079 | €19,181 | +€7,102 | +58.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.