LOUISENAILS: 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.
LOUISENAILS
Largest movements
- Cash -€15,878
down €15,878 (-69.5%), from €22,832 to €6,953
mainly Tax, wage and social debts (-€6,917) and Trade debts (-€5,912)
- Tangible fixed assets +€1,385
up €1,385 (+472%), from €293 to €1,678
of which Furniture and vehicles: +€1,444
- Tax, wage and social debts -€6,917
down €6,917 (-60.6%), from €11,406 to €4,490
of which Remuneration and social security: -€8,100
- Trade debts -€5,912
down €5,912 (-95.5%), from €6,191 to €280
- Debts after one year -€4,000
down €4,000 (-33.3%), from €12,000 to €8,000
- Profit (loss) carried forward +€2,215
up €2,215 (+48.5%), from -€4,562 to -€2,347
- Staff costs -€5,706
down €5,706 (-56.0%), from €10,180 to €4,474
- Gross operating margin -€4,616
down €4,616 (-36.6%), from €12,620 to €8,004
- Depreciation +€335
up €335 (+572%), from €59 to €394
- Other operating charges +€232
up €232 (+33.8%), from €688 to €921
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 | €26,943 | €12,382 | -€14,561 | -54.0% |
| Fixed assets | 21/28 | €4,043 | €5,428 | +€1,385 | +34.3% |
| Tangible fixed assets | 22/27 | €293 | €1,678 | +€1,385 | +472% |
| Plant, machinery and equipment | 23 | €293 | €235 | -€59 | -20.0% |
| Furniture and vehicles | 24 | - | €1,444 | +€1,444 | |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €22,900 | €6,953 | -€15,946 | -69.6% |
| Cash at bank and in hand | 54/58 | €22,832 | €6,953 | -€15,878 | -69.5% |
| Deferred charges and accrued income | 490/1 | €68 | - | -€68 | |
| Total equity and liabilities | 10/49 | €26,943 | €12,382 | -€14,561 | -54.0% |
| Equity | 10/15 | -€3,062 | -€847 | +€2,215 | +72.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | - | -€1,500 | |
| Issued capital | 100 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | -€4,562 | -€2,347 | +€2,215 | +48.5% |
| Amounts payable | 17/49 | €30,005 | €13,229 | -€16,776 | -55.9% |
| Amounts payable after more than one year | 17 | €12,000 | €8,000 | -€4,000 | -33.3% |
| Other amounts payable | 178/9 | €12,000 | €8,000 | -€4,000 | -33.3% |
| Amounts payable within one year | 42/48 | €18,005 | €5,229 | -€12,776 | -71.0% |
| Trade debts | 44 | €6,191 | €280 | -€5,912 | -95.5% |
| Suppliers | 440/4 | €6,191 | €280 | -€5,912 | -95.5% |
| Taxes, remuneration and social security | 45 | €11,406 | €4,490 | -€6,917 | -60.6% |
| Taxes | 450/3 | €906 | €2,090 | +€1,183 | +131% |
| Remuneration and social security | 454/9 | €10,500 | €2,400 | -€8,100 | -77.1% |
| Other amounts payable | 47/48 | €407 | €460 | +€52 | +12.9% |
| Remuneration, social security and pensions | 62 | €10,180 | €4,474 | -€5,706 | -56.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59 | €394 | +€335 | +572% |
| Other operating charges | 640/8 | €688 | €921 | +€232 | +33.8% |
| Gross operating margin | 9900 | €12,620 | €8,004 | -€4,616 | -36.6% |
| Operating profit (loss) | 9901 | €1,693 | €2,215 | +€522 | +30.8% |
| Profit (loss) for the period before taxes | 9903 | €1,693 | €2,215 | +€522 | +30.8% |
| Profit (loss) for the period | 9904 | €1,693 | €2,215 | +€522 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,693 | €2,215 | +€522 | +30.8% |
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.