LOULIFA: 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.
LOULIFA
Largest movements
- Current investments -€1.2m
down €1.2m (-18.2%), from €6.3m to €5.2m
- Financial fixed assets +€1.0m
up €1.0m (+28.6%), from €3.5m to €4.5m
- Cash +€225,764
up €225,764 (+66.7%), from €338,494 to €564,258
mainly Current investments (+€1.2m) and Net result for the year (+€97,897)
No liability line moved by more than 1% of the balance sheet total.
- Financial income -€179,430
down €179,430 (-59.8%), from €299,904 to €120,475
- Financial charges -€89,486
down €89,486, from €88,648 to -€838
- Gross operating margin +€52,276
up €52,276 (+78.2%), from -€66,844 to -€14,568
- Other operating charges -€4,167
down €4,167 (-33.5%), from €12,440 to €8,273
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 | €10,226,020 | €10,322,608 | +€96,588 | +0.9% |
| Fixed assets | 21/28 | €3,501,207 | €4,500,633 | +€999,425 | +28.5% |
| Tangible fixed assets | 22/27 | €1,207 | €633 | -€575 | -47.6% |
| Furniture and vehicles | 24 | €1,207 | €633 | -€575 | -47.6% |
| Financial fixed assets | 28 | €3,500,000 | €4,500,000 | +€1.0m | +28.6% |
| Current assets | 29/58 | €6,724,812 | €5,821,976 | -€902,837 | -13.4% |
| Amounts receivable within one year | 40/41 | €44,000 | €73,480 | +€29,480 | +67.0% |
| Other amounts receivable | 41 | €44,000 | €73,480 | +€29,480 | +67.0% |
| Current investments | 50/53 | €6,341,344 | €5,184,238 | -€1.2m | -18.2% |
| Cash at bank and in hand | 54/58 | €338,494 | €564,258 | +€225,764 | +66.7% |
| Deferred charges and accrued income | 490/1 | €975 | - | -€975 | |
| Total equity and liabilities | 10/49 | €10,226,020 | €10,322,608 | +€96,588 | +0.9% |
| Equity | 10/15 | €9,534,963 | €9,632,860 | +€97,897 | +1.0% |
| Contributions | 10/11 | €10,018,600 | €10,018,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€483,637 | -€385,740 | +€97,897 | +20.2% |
| Amounts payable | 17/49 | €691,057 | €689,748 | -€1,309 | -0.2% |
| Amounts payable after more than one year | 17 | €688,191 | €688,191 | = | 0.0% |
| Other amounts payable | 178/9 | €688,191 | €688,191 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,866 | €1,557 | -€1,309 | -45.7% |
| Trade debts | 44 | €2,866 | €1,557 | -€1,309 | -45.7% |
| Suppliers | 440/4 | €2,866 | €1,557 | -€1,309 | -45.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €517 | €575 | +€58 | +11.2% |
| Other operating charges | 640/8 | €12,440 | €8,273 | -€4,167 | -33.5% |
| Gross operating margin | 9900 | -€66,844 | -€14,568 | +€52,276 | +78.2% |
| Operating profit (loss) | 9901 | -€79,800 | -€23,415 | +€56,385 | +70.7% |
| Financial income | 75/76B | €299,904 | €120,475 | -€179,430 | -59.8% |
| Recurring financial income | 75 | €299,904 | €120,475 | -€179,430 | -59.8% |
| Financial charges | 65/66B | €88,648 | -€838 | -€89,486 | |
| Recurring financial charges | 65 | €88,648 | -€838 | -€89,486 | |
| Profit (loss) for the period before taxes | 9903 | €131,456 | €97,897 | -€33,559 | -25.5% |
| Profit (loss) for the period | 9904 | €131,456 | €97,897 | -€33,559 | -25.5% |
| Profit (loss) for the period to be appropriated | 9905 | €131,456 | €97,897 | -€33,559 | -25.5% |
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 19 October 2026 via checked.be.