LOUKADI: 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.
LOUKADI
Largest movements
- Stocks and contracts +€16,400
up €16,400 (+22.5%), from €72,786 to €89,186
- Receivables within one year -€6,456
down €6,456 (-17.8%), from €36,208 to €29,752
of which Other amounts receivable: -€10,048
- Cash +€3,382
up €3,382 (+119%), from €2,838 to €6,219
mainly Trade debts (+€10,052) and Net result for the year (+€9,509)
- Trade debts +€10,052
up €10,052 (+14.5%), from €69,454 to €79,506
- Profit (loss) carried forward +€9,509
up €9,509 (+359%), from €2,646 to €12,154
- Tax, wage and social debts -€6,463
down €6,463 (-29.8%), from €21,685 to €15,222
of which Remuneration and social security: -€5,081
- Gross operating margin -€21,073
down €21,073 (-69.7%), from €30,217 to €9,143
- Taxes -€20,749
no longer reported in 2024 (was €20,749)
- Staff costs -€7,155
no longer reported in 2024 (was €7,155)
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,971 | €126,068 | +€13,098 | +11.6% |
| Formation expenses | 20 | €1,139 | €911 | -€228 | -20.0% |
| Current assets | 29/58 | €111,832 | €125,157 | +€13,325 | +11.9% |
| Stocks and contracts in progress | 3 | €72,786 | €89,186 | +€16,400 | +22.5% |
| Stocks | 30/36 | €72,786 | €89,186 | +€16,400 | +22.5% |
| Amounts receivable within one year | 40/41 | €36,208 | €29,752 | -€6,456 | -17.8% |
| Trade receivables | 40 | €6,242 | €9,833 | +€3,591 | +57.5% |
| Other amounts receivable | 41 | €29,966 | €19,918 | -€10,048 | -33.5% |
| Cash at bank and in hand | 54/58 | €2,838 | €6,219 | +€3,382 | +119% |
| Total equity and liabilities | 10/49 | €112,971 | €126,068 | +€13,098 | +11.6% |
| Equity | 10/15 | €21,832 | €31,341 | +€9,509 | +43.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €587 | €587 | = | 0.0% |
| Non-distributable reserves | 130/1 | €587 | €587 | = | 0.0% |
| Reserves not available under the articles | 1311 | €587 | €587 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,646 | €12,154 | +€9,509 | +359% |
| Amounts payable | 17/49 | €91,138 | €94,727 | +€3,589 | +3.9% |
| Amounts payable within one year | 42/48 | €91,138 | €94,727 | +€3,589 | +3.9% |
| Trade debts | 44 | €69,454 | €79,506 | +€10,052 | +14.5% |
| Suppliers | 440/4 | €69,454 | €79,506 | +€10,052 | +14.5% |
| Taxes, remuneration and social security | 45 | €21,685 | €15,222 | -€6,463 | -29.8% |
| Taxes | 450/3 | €11,397 | €10,015 | -€1,382 | -12.1% |
| Remuneration and social security | 454/9 | €10,288 | €5,207 | -€5,081 | -49.4% |
| Remuneration, social security and pensions | 62 | €7,155 | - | -€7,155 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €285 | €228 | -€57 | -20.0% |
| Other operating charges | 640/8 | €489 | €772 | +€283 | +57.8% |
| Gross operating margin | 9900 | €30,217 | €9,143 | -€21,073 | -69.7% |
| Operating profit (loss) | 9901 | €22,288 | €8,144 | -€14,144 | -63.5% |
| Financial income | 75/76B | €1,710 | €1,507 | -€202 | -11.8% |
| Recurring financial income | 75 | €1,710 | €1,507 | -€202 | -11.8% |
| Non-recurring financial income | 76B | €1,710 | €1,507 | -€202 | -11.8% |
| Financial charges | 65/66B | €218 | €142 | -€75 | -34.6% |
| Recurring financial charges | 65 | €218 | €142 | -€75 | -34.6% |
| Profit (loss) for the period before taxes | 9903 | €23,780 | €9,509 | -€14,271 | -60.0% |
| Income taxes | 67/77 | €20,749 | - | -€20,749 | |
| Profit (loss) for the period | 9904 | €3,031 | €9,509 | +€6,478 | +214% |
| Profit (loss) for the period to be appropriated | 9905 | €3,031 | €9,509 | +€6,478 | +214% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.