LOUJO: what changed
Two fiscal 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.
LOUJO
Largest movements
- Current assets +€303
up €303 (+1441.7%), from €21 to €324
- Tangible fixed assets -€272
no longer reported in 2020 (was €272)
- Debts within one year +€4,016
up €4,016 (+65.4%), from €6,145 to €10,161
- Equity -€3,986
down €3,986 (-68.1%), from -€5,851 to -€9,837
of which Reserves: -€20,000
- Gross operating margin +€1,452
up €1,452 (+34.0%), from -€4,270 to -€2,817
- Taxes -€53
down €53 (-32.4%), from €163 to €110
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €293 | €324 | +€30 | +10.3% |
| Fixed assets | 21/28 | €272 | - | -€272 | |
| Tangible fixed assets | 22/27 | €272 | - | -€272 | |
| Current assets | 29/58 | €21 | €324 | +€303 | +1441.7% |
| Amounts receivable within one year | 40/41 | €21 | €286 | +€265 | +1262.7% |
| Total equity and liabilities | 10/49 | €293 | €324 | +€30 | +10.3% |
| Equity | 10/15 | -€5,851 | -€9,837 | -€3,986 | -68.1% |
| Contributions | 10/11 | €6,200 | - | -€6,200 | |
| Reserves | 13 | €21,860 | €1,860 | -€20,000 | -91.5% |
| Profit (loss) carried forward | 14 | -€33,911 | -€17,897 | +€16,014 | +47.2% |
| Amounts payable | 17/49 | €6,145 | €10,161 | +€4,016 | +65.4% |
| Amounts payable within one year | 42/48 | €6,145 | €10,161 | +€4,016 | +65.4% |
| Trade debts | 44 | - | €1,267 | +€1,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €272 | €272 | +€0 | 0.0% |
| Gross operating margin | 9900 | -€4,270 | -€2,817 | +€1,452 | +34.0% |
| Operating profit (loss) | 9901 | -€4,542 | -€3,586 | +€956 | +21.0% |
| Recurring financial charges | 65 | €182 | €289 | +€107 | +58.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,724 | -€3,875 | +€849 | +18.0% |
| Income taxes | 67/77 | €163 | €110 | -€53 | -32.4% |
| Profit (loss) for the period | 9904 | -€4,888 | -€3,986 | +€902 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,888 | -€3,986 | +€902 | +18.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.