LOUISE PROPERTIES: 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 PROPERTIES
Largest movements
- Receivables within one year -€2,551
down €2,551 (-1.8%), from €145,713 to €143,162
of which Other amounts receivable: -€29,203
- Tangible fixed assets -€2,388
down €2,388 (-4.0%), from €59,543 to €57,155
of which Land and buildings: -€1,739
- Other debts -€23,849
down €23,849 (-9.5%), from €252,071 to €228,222
- Profit (loss) carried forward +€21,817
up €21,817 (+24.9%), from -€87,713 to -€65,897
- Trade debts -€3,302
down €3,302 (-8.5%), from €38,621 to €35,319
- Gross operating margin +€36,613
up €36,613, from -€11,488 to €25,125
- Financial charges -€1,278
down €1,278 (-36.6%), from €3,494 to €2,215
- Financial income -€495
down €495 (-24.5%), from €2,019 to €1,523
- Depreciation -€327
down €327 (-12.0%), from €2,715 to €2,388
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 | €211,140 | €205,704 | -€5,435 | -2.6% |
| Fixed assets | 21/28 | €64,514 | €62,176 | -€2,338 | -3.6% |
| Tangible fixed assets | 22/27 | €59,543 | €57,155 | -€2,388 | -4.0% |
| Land and buildings | 22 | €53,062 | €51,324 | -€1,739 | -3.3% |
| Furniture and vehicles | 24 | €6,481 | €5,831 | -€650 | -10.0% |
| Financial fixed assets | 28 | €4,970 | €5,021 | +€51 | +1.0% |
| Current assets | 29/58 | €146,626 | €143,528 | -€3,098 | -2.1% |
| Amounts receivable within one year | 40/41 | €145,713 | €143,162 | -€2,551 | -1.8% |
| Trade receivables | 40 | €88,979 | €115,631 | +€26,652 | +30.0% |
| Other amounts receivable | 41 | €56,735 | €27,531 | -€29,203 | -51.5% |
| Cash at bank and in hand | 54/58 | €913 | €366 | -€547 | -59.9% |
| Total equity and liabilities | 10/49 | €211,140 | €205,704 | -€5,435 | -2.6% |
| Equity | 10/15 | -€79,653 | -€57,837 | +€21,817 | +27.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,713 | -€65,897 | +€21,817 | +24.9% |
| Amounts payable | 17/49 | €290,793 | €263,541 | -€27,252 | -9.4% |
| Amounts payable within one year | 42/48 | €290,793 | €263,541 | -€27,252 | -9.4% |
| Trade debts | 44 | €38,621 | €35,319 | -€3,302 | -8.5% |
| Suppliers | 440/4 | €38,621 | €35,319 | -€3,302 | -8.5% |
| Taxes, remuneration and social security | 45 | €102 | - | -€102 | |
| Taxes | 450/3 | €102 | - | -€102 | |
| Other amounts payable | 47/48 | €252,071 | €228,222 | -€23,849 | -9.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,715 | €2,388 | -€327 | -12.0% |
| Other operating charges | 640/8 | €44 | €228 | +€184 | +420% |
| Gross operating margin | 9900 | -€11,488 | €25,125 | +€36,613 | |
| Operating profit (loss) | 9901 | -€14,247 | €22,509 | +€36,756 | |
| Financial income | 75/76B | €2,019 | €1,523 | -€495 | -24.5% |
| Recurring financial income | 75 | €2,019 | €1,523 | -€495 | -24.5% |
| Financial charges | 65/66B | €3,494 | €2,215 | -€1,278 | -36.6% |
| Recurring financial charges | 65 | €3,494 | €2,215 | -€1,278 | -36.6% |
| Profit (loss) for the period before taxes | 9903 | -€15,722 | €21,817 | +€37,539 | |
| Income taxes | 67/77 | €2 | - | -€2 | |
| Profit (loss) for the period | 9904 | -€15,725 | €21,817 | +€37,541 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,725 | €21,817 | +€37,541 |
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 16 October 2026 via checked.be.