LOUMARIN: 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.
LOUMARIN
Largest movements
- Receivables after one year +€75,000
new in 2025: €75,000
- Receivables within one year -€60,358
down €60,358 (-59.9%), from €100,752 to €40,394
of which Trade receivables: -€62,174
- Cash +€19,736
up €19,736 (+44.0%), from €44,829 to €64,565
mainly Receivables within one year (+€60,358) and Net result for the year (+€38,187)
- Reserves +€38,187
up €38,187 (+37.1%), from €102,800 to €140,987
- Tax, wage and social debts -€15,807
down €15,807 (-52.4%), from €30,143 to €14,336
- Trade debts +€7,071
up €7,071 (+943%), from €750 to €7,821
- Other debts +€7,044
up €7,044 (+189%), from €3,720 to €10,764
- Gross operating margin -€41,309
down €41,309 (-41.5%), from €99,571 to €58,262
- Taxes -€10,551
down €10,551 (-36.6%), from €28,812 to €18,261
- Depreciation -€2,168
down €2,168 (-61.7%), from €3,516 to €1,348
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 | €149,813 | €186,308 | +€36,495 | +24.4% |
| Fixed assets | 21/28 | €875 | €1,695 | +€820 | +93.6% |
| Tangible fixed assets | 22/27 | €875 | €1,695 | +€820 | +93.6% |
| Land and buildings | 22 | €120 | €1,444 | +€1,323 | +1,102% |
| Furniture and vehicles | 24 | €755 | €251 | -€504 | -66.7% |
| Current assets | 29/58 | €148,938 | €184,613 | +€35,675 | +24.0% |
| Amounts receivable after more than one year | 29 | - | €75,000 | +€75,000 | |
| Other amounts receivable | 291 | - | €75,000 | +€75,000 | |
| Amounts receivable within one year | 40/41 | €100,752 | €40,394 | -€60,358 | -59.9% |
| Trade receivables | 40 | €99,215 | €37,040 | -€62,174 | -62.7% |
| Other amounts receivable | 41 | €1,538 | €3,354 | +€1,816 | +118% |
| Cash at bank and in hand | 54/58 | €44,829 | €64,565 | +€19,736 | +44.0% |
| Deferred charges and accrued income | 490/1 | €3,357 | €4,654 | +€1,298 | +38.7% |
| Total equity and liabilities | 10/49 | €149,813 | €186,308 | +€36,495 | +24.4% |
| Equity | 10/15 | €115,200 | €153,387 | +€38,187 | +33.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €102,800 | €140,987 | +€38,187 | +37.1% |
| Distributable reserves | 133 | €102,800 | €140,987 | +€38,187 | +37.1% |
| Amounts payable | 17/49 | €34,613 | €32,921 | -€1,692 | -4.9% |
| Amounts payable within one year | 42/48 | €34,613 | €32,921 | -€1,692 | -4.9% |
| Trade debts | 44 | €750 | €7,821 | +€7,071 | +943% |
| Suppliers | 440/4 | €750 | €7,821 | +€7,071 | +943% |
| Taxes, remuneration and social security | 45 | €30,143 | €14,336 | -€15,807 | -52.4% |
| Taxes | 450/3 | €30,143 | €14,336 | -€15,807 | -52.4% |
| Other amounts payable | 47/48 | €3,720 | €10,764 | +€7,044 | +189% |
| Non-recurring operating income | 76A | - | €2,168 | +€2,168 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,516 | €1,348 | -€2,168 | -61.7% |
| Other operating charges | 640/8 | €1,740 | €873 | -€867 | -49.8% |
| Gross operating margin | 9900 | €99,571 | €58,262 | -€41,309 | -41.5% |
| Operating profit (loss) | 9901 | €94,315 | €56,041 | -€38,274 | -40.6% |
| Financial income | 75/76B | €0 | €525 | +€525 | |
| Recurring financial income | 75 | €0 | €525 | +€525 | |
| Financial charges | 65/66B | €114 | €119 | +€5 | +3.9% |
| Recurring financial charges | 65 | €114 | €119 | +€5 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €94,201 | €56,447 | -€37,753 | -40.1% |
| Income taxes | 67/77 | €28,812 | €18,261 | -€10,551 | -36.6% |
| Profit (loss) for the period | 9904 | €65,389 | €38,187 | -€27,202 | -41.6% |
| Profit (loss) for the period to be appropriated | 9905 | €65,389 | €38,187 | -€27,202 | -41.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.