LOUISVIC: 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.
LOUISVIC
Largest movements
- Receivables within one year +€18,000
up €18,000 (+56.2%), from €32,017 to €50,018
- Tangible fixed assets -€4,205
down €4,205 (-23.0%), from €18,257 to €14,052
of which Furniture and vehicles: -€2,777
- Trade debts +€5,371
up €5,371 (+59.3%), from €9,060 to €14,431
- Profit (loss) carried forward +€5,038
up €5,038 (+77.3%), from €6,520 to €11,558
- Tax, wage and social debts +€3,531
up €3,531 (+88.4%), from €3,996 to €7,527
of which Taxes: +€3,947
- Debts after one year -€2,747
down €2,747 (-20.2%), from €13,568 to €10,821
- Current portion of long-term debt +€1,699
up €1,699 (+53.5%), from €3,173 to €4,871
- Gross operating margin +€11,243
up €11,243 (+26.5%), from €42,425 to €53,668
- Staff costs +€8,769
up €8,769 (+26.0%), from €33,767 to €42,535
- Depreciation +€2,320
up €2,320 (+123.1%), from €1,885 to €4,205
From the 2025 result to the 2026 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.
Cash bridge derived
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €56,777 | €69,669 | +€12,892 | +22.7% |
| Fixed assets | 21/28 | €18,257 | €14,052 | -€4,205 | -23.0% |
| Tangible fixed assets | 22/27 | €18,257 | €14,052 | -€4,205 | -23.0% |
| Plant, machinery and equipment | 23 | €2,767 | €1,623 | -€1,143 | -41.3% |
| Furniture and vehicles | 24 | €13,427 | €10,650 | -€2,777 | -20.7% |
| Other tangible fixed assets | 26 | €2,063 | €1,778 | -€285 | -13.8% |
| Current assets | 29/58 | €38,520 | €55,617 | +€17,098 | +44.4% |
| Stocks and contracts in progress | 3 | €3,781 | €3,781 | = | 0.0% |
| Stocks | 30/36 | €3,781 | €3,781 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €32,017 | €50,018 | +€18,000 | +56.2% |
| Other amounts receivable | 41 | €32,017 | €50,018 | +€18,000 | +56.2% |
| Cash at bank and in hand | 54/58 | €1,489 | €875 | -€614 | -41.3% |
| Deferred charges and accrued income | 490/1 | €1,232 | €943 | -€289 | -23.4% |
| Total equity and liabilities | 10/49 | €56,777 | €69,669 | +€12,892 | +22.7% |
| Equity | 10/15 | €26,980 | €32,018 | +€5,038 | +18.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,520 | €11,558 | +€5,038 | +77.3% |
| Amounts payable | 17/49 | €29,797 | €37,651 | +€7,854 | +26.4% |
| Amounts payable after more than one year | 17 | €13,568 | €10,821 | -€2,747 | -20.2% |
| Financial debts | 170/4 | €13,568 | €10,821 | -€2,747 | -20.2% |
| Amounts payable within one year | 42/48 | €16,229 | €26,829 | +€10,601 | +65.3% |
| Current portion of amounts payable after more than one year | 42 | €3,173 | €4,871 | +€1,699 | +53.5% |
| Trade debts | 44 | €9,060 | €14,431 | +€5,371 | +59.3% |
| Suppliers | 440/4 | €9,060 | €14,431 | +€5,371 | +59.3% |
| Taxes, remuneration and social security | 45 | €3,996 | €7,527 | +€3,531 | +88.4% |
| Taxes | 450/3 | - | €3,947 | +€3,947 | |
| Remuneration and social security | 454/9 | €3,996 | €3,580 | -€416 | -10.4% |
| Remuneration, social security and pensions | 62 | €33,767 | €42,535 | +€8,769 | +26.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,885 | €4,205 | +€2,320 | +123.1% |
| Other operating charges | 640/8 | €663 | €1,159 | +€496 | +74.8% |
| Gross operating margin | 9900 | €42,425 | €53,668 | +€11,243 | +26.5% |
| Operating profit (loss) | 9901 | €6,110 | €5,768 | -€342 | -5.6% |
| Financial income | 75/76B | €323 | €332 | +€9 | +2.9% |
| Recurring financial income | 75 | €323 | €332 | +€9 | +2.9% |
| Financial charges | 65/66B | €996 | €1,062 | +€66 | +6.7% |
| Recurring financial charges | 65 | €996 | €1,062 | +€66 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €5,437 | €5,038 | -€399 | -7.3% |
| Profit (loss) for the period | 9904 | €5,437 | €5,038 | -€399 | -7.3% |
| Profit (loss) for the period to be appropriated | 9905 | €5,437 | €5,038 | -€399 | -7.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.