LouisXIV: 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.
LouisXIV
Largest movements
- Receivables within one year -€8,970
down €8,970 (-90.0%), from €9,970 to €1,000
- Cash -€6,643
down €6,643 (-16.0%), from €41,443 to €34,800
mainly Tax, wage and social debts (-€9,452) and Net result for the year (-€6,307)
- Tangible fixed assets -€676
down €676 (-20.4%), from €3,319 to €2,643
- Tax, wage and social debts -€9,452
down €9,452 (-83.1%), from €11,381 to €1,929
- Reserves -€5,310
down €5,310 (-15.2%), from €35,011 to €29,701
of which Distributable reserves: -€5,310
- Trade debts +€1,370
up €1,370 (+606%), from €226 to €1,596
- Other debts -€1,228
down €1,228 (-98.8%), from €1,243 to €14
- Profit (loss) carried forward -€997
new in 2025: -€997
- Gross operating margin -€11,390
down €11,390, from €7,039 to -€4,351
- Taxes -€2,173
no longer reported in 2025 (was €2,173)
- Depreciation +€617
up €617 (+1,044%), from €59 to €676
- Other operating charges +€162
up €162 (+14.6%), from €1,109 to €1,272
- Financial charges -€90
down €90 (-91.4%), from €99 to €9
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 | €54,733 | €38,444 | -€16,289 | -29.8% |
| Fixed assets | 21/28 | €3,319 | €2,643 | -€676 | -20.4% |
| Tangible fixed assets | 22/27 | €3,319 | €2,643 | -€676 | -20.4% |
| Plant, machinery and equipment | 23 | €3,319 | €2,643 | -€676 | -20.4% |
| Current assets | 29/58 | €51,414 | €35,800 | -€15,613 | -30.4% |
| Amounts receivable within one year | 40/41 | €9,970 | €1,000 | -€8,970 | -90.0% |
| Trade receivables | 40 | €9,970 | €1,000 | -€8,970 | -90.0% |
| Cash at bank and in hand | 54/58 | €41,443 | €34,800 | -€6,643 | -16.0% |
| Total equity and liabilities | 10/49 | €54,733 | €38,444 | -€16,289 | -29.8% |
| Equity | 10/15 | €41,211 | €34,905 | -€6,307 | -15.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €35,011 | €29,701 | -€5,310 | -15.2% |
| 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 | €33,151 | €27,841 | -€5,310 | -16.0% |
| Profit (loss) carried forward | 14 | - | -€997 | -€997 | |
| Amounts payable | 17/49 | €13,521 | €3,539 | -€9,982 | -73.8% |
| Amounts payable within one year | 42/48 | €12,850 | €3,539 | -€9,311 | -72.5% |
| Trade debts | 44 | €226 | €1,596 | +€1,370 | +606% |
| Suppliers | 440/4 | €226 | €1,596 | +€1,370 | +606% |
| Taxes, remuneration and social security | 45 | €11,381 | €1,929 | -€9,452 | -83.1% |
| Taxes | 450/3 | €11,381 | €1,929 | -€9,452 | -83.1% |
| Other amounts payable | 47/48 | €1,243 | €14 | -€1,228 | -98.8% |
| Accrued charges and deferred income | 492/3 | €672 | - | -€672 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59 | €676 | +€617 | +1,044% |
| Other operating charges | 640/8 | €1,109 | €1,272 | +€162 | +14.6% |
| Gross operating margin | 9900 | €7,039 | -€4,351 | -€11,390 | |
| Operating profit (loss) | 9901 | €5,870 | -€6,298 | -€12,169 | |
| Financial charges | 65/66B | €99 | €9 | -€90 | -91.4% |
| Recurring financial charges | 65 | €99 | €9 | -€90 | -91.4% |
| Profit (loss) for the period before taxes | 9903 | €5,772 | -€6,307 | -€12,078 | |
| Income taxes | 67/77 | €2,173 | - | -€2,173 | |
| Profit (loss) for the period | 9904 | €3,599 | -€6,307 | -€9,906 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,599 | -€6,307 | -€9,906 |
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.