Louline: 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.
Louline
Largest movements
- Tangible fixed assets -€19,353
down €19,353 (-32.9%), from €58,803 to €39,450
of which Furniture and vehicles: -€18,103
- Cash -€8,309
down €8,309 (-75.8%), from €10,966 to €2,657
mainly Net result for the year (-€29,403) and Trade debts (-€2,647)
- Receivables within one year +€2,573
up €2,573 (+8.7%), from €29,683 to €32,256
of which Other amounts receivable: +€3,985
- Profit (loss) carried forward -€29,403
down €29,403 (-55.2%), from -€53,243 to -€82,646
- Other debts +€8,345
up €8,345 (+7.4%), from €112,533 to €120,878
- Trade debts -€2,647
down €2,647 (-29.7%), from €8,919 to €6,272
- Tax, wage and social debts -€2,105
down €2,105 (-34.5%), from €6,103 to €3,998
of which Taxes: -€2,105
- Other operating charges +€16,930
up €16,930 (+1,442%), from €1,174 to €18,104
- Depreciation -€15,456
down €15,456 (-85.3%), from €18,116 to €2,660
- Gross operating margin -€7,430
down €7,430 (-913%), from -€813 to -€8,243
- Financial charges -€763
down €763 (-85.3%), from €895 to €132
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 | €100,322 | €74,512 | -€25,810 | -25.7% |
| Fixed assets | 21/28 | €58,953 | €39,600 | -€19,353 | -32.8% |
| Tangible fixed assets | 22/27 | €58,803 | €39,450 | -€19,353 | -32.9% |
| Plant, machinery and equipment | 23 | €1,442 | €192 | -€1,250 | -86.7% |
| Furniture and vehicles | 24 | €57,360 | €39,258 | -€18,103 | -31.6% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €41,370 | €34,913 | -€6,457 | -15.6% |
| Amounts receivable within one year | 40/41 | €29,683 | €32,256 | +€2,573 | +8.7% |
| Trade receivables | 40 | €28,789 | €27,377 | -€1,412 | -4.9% |
| Other amounts receivable | 41 | €894 | €4,879 | +€3,985 | +446% |
| Cash at bank and in hand | 54/58 | €10,966 | €2,657 | -€8,309 | -75.8% |
| Deferred charges and accrued income | 490/1 | €721 | €0 | -€721 | -100% |
| Total equity and liabilities | 10/49 | €100,322 | €74,512 | -€25,810 | -25.7% |
| Equity | 10/15 | -€27,233 | -€56,635 | -€29,403 | -108% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €19,810 | €19,810 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €19,810 | €19,810 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€53,243 | -€82,646 | -€29,403 | -55.2% |
| Amounts payable | 17/49 | €127,555 | €131,148 | +€3,593 | +2.8% |
| Amounts payable within one year | 42/48 | €127,555 | €131,148 | +€3,593 | +2.8% |
| Trade debts | 44 | €8,919 | €6,272 | -€2,647 | -29.7% |
| Suppliers | 440/4 | €8,919 | €6,272 | -€2,647 | -29.7% |
| Taxes, remuneration and social security | 45 | €6,103 | €3,998 | -€2,105 | -34.5% |
| Taxes | 450/3 | €6,103 | €3,998 | -€2,105 | -34.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €112,533 | €120,878 | +€8,345 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,116 | €2,660 | -€15,456 | -85.3% |
| Other operating charges | 640/8 | €1,174 | €18,104 | +€16,930 | +1,442% |
| Gross operating margin | 9900 | -€813 | -€8,243 | -€7,430 | -913% |
| Operating profit (loss) | 9901 | -€20,104 | -€29,007 | -€8,903 | -44.3% |
| Financial income | 75/76B | €13 | €1 | -€12 | -93.0% |
| Recurring financial income | 75 | €13 | €1 | -€12 | -93.0% |
| Financial charges | 65/66B | €895 | €132 | -€763 | -85.3% |
| Recurring financial charges | 65 | €895 | €132 | -€763 | -85.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,986 | -€29,138 | -€8,152 | -38.8% |
| Income taxes | 67/77 | €250 | €265 | +€15 | +5.9% |
| Profit (loss) for the period | 9904 | -€21,236 | -€29,403 | -€8,167 | -38.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,236 | -€29,403 | -€8,167 | -38.5% |
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.