LOUMASTE: 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.
LOUMASTE
Largest movements
- Receivables within one year +€28,789
up €28,789 (+124%), from €23,260 to €52,049
of which Other amounts receivable: +€23,919
- Tangible fixed assets -€3,334
down €3,334 (-36.6%), from €9,111 to €5,777
of which Plant, machinery and equipment: -€3,262
- Tax, wage and social debts +€14,564
up €14,564 (+199%), from €7,324 to €21,887
of which Taxes: +€12,164
- Trade debts +€12,767
up €12,767 (+65.8%), from €19,395 to €32,162
- Short-term financial debts -€4,467
down €4,467 (-66.3%), from €6,742 to €2,275
- Reserves +€1,510
up €1,510 (+2.6%), from €57,773 to €59,283
of which Distributable reserves: +€1,510
- Gross operating margin -€10,255
down €10,255 (-61.6%), from €16,650 to €6,395
- Other operating charges +€3,615
up €3,615 (+1,007%), from €359 to €3,974
- Taxes -€3,124
no longer reported in 2024 (was €3,124)
- Financial charges -€2,112
down €2,112 (-60.4%), from €3,498 to €1,386
- Financial income +€691
up €691 (+21.5%), from €3,218 to €3,909
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 | €102,627 | €127,001 | +€24,374 | +23.8% |
| Formation expenses | 20 | €142 | €42 | -€100 | -70.6% |
| Fixed assets | 21/28 | €9,711 | €5,897 | -€3,814 | -39.3% |
| Tangible fixed assets | 22/27 | €9,111 | €5,777 | -€3,334 | -36.6% |
| Plant, machinery and equipment | 23 | €8,937 | €5,675 | -€3,262 | -36.5% |
| Furniture and vehicles | 24 | €174 | €102 | -€72 | -41.2% |
| Financial fixed assets | 28 | €600 | €120 | -€480 | -80.0% |
| Current assets | 29/58 | €92,774 | €121,062 | +€28,288 | +30.5% |
| Amounts receivable after more than one year | 29 | €62,000 | €62,000 | = | 0.0% |
| Other amounts receivable | 291 | €62,000 | €62,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €1,125 | €791 | -€335 | -29.7% |
| Stocks | 30/36 | €1,125 | €791 | -€335 | -29.7% |
| Amounts receivable within one year | 40/41 | €23,260 | €52,049 | +€28,789 | +124% |
| Trade receivables | 40 | €9,704 | €14,574 | +€4,870 | +50.2% |
| Other amounts receivable | 41 | €13,555 | €37,475 | +€23,919 | +176% |
| Cash at bank and in hand | 54/58 | €1,368 | €1,428 | +€60 | +4.4% |
| Deferred charges and accrued income | 490/1 | €5,021 | €4,795 | -€226 | -4.5% |
| Total equity and liabilities | 10/49 | €102,627 | €127,001 | +€24,374 | +23.8% |
| Equity | 10/15 | €69,167 | €70,677 | +€1,510 | +2.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €57,773 | €59,283 | +€1,510 | +2.6% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,000 | €12,000 | = | 0.0% |
| Distributable reserves | 133 | €39,573 | €41,083 | +€1,510 | +3.8% |
| Profit (loss) carried forward | 14 | €5,194 | €5,194 | = | 0.0% |
| Amounts payable | 17/49 | €33,460 | €56,324 | +€22,864 | +68.3% |
| Amounts payable within one year | 42/48 | €33,460 | €56,324 | +€22,864 | +68.3% |
| Financial debts | 43 | €6,742 | €2,275 | -€4,467 | -66.3% |
| Credit institutions | 430/8 | €6,742 | €2,275 | -€4,467 | -66.3% |
| Trade debts | 44 | €19,395 | €32,162 | +€12,767 | +65.8% |
| Suppliers | 440/4 | €19,395 | €32,162 | +€12,767 | +65.8% |
| Taxes, remuneration and social security | 45 | €7,324 | €21,887 | +€14,564 | +199% |
| Taxes | 450/3 | €7,324 | €19,487 | +€12,164 | +166% |
| Remuneration and social security | 454/9 | - | €2,400 | +€2,400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,831 | €3,434 | -€397 | -10.4% |
| Other operating charges | 640/8 | €359 | €3,974 | +€3,615 | +1,007% |
| Gross operating margin | 9900 | €16,650 | €6,395 | -€10,255 | -61.6% |
| Operating profit (loss) | 9901 | €12,460 | -€1,013 | -€13,473 | |
| Financial income | 75/76B | €3,218 | €3,909 | +€691 | +21.5% |
| Recurring financial income | 75 | €3,218 | €3,909 | +€691 | +21.5% |
| Financial charges | 65/66B | €3,498 | €1,386 | -€2,112 | -60.4% |
| Recurring financial charges | 65 | €3,498 | €1,386 | -€2,112 | -60.4% |
| Profit (loss) for the period before taxes | 9903 | €12,180 | €1,510 | -€10,670 | -87.6% |
| Income taxes | 67/77 | €3,124 | - | -€3,124 | |
| Profit (loss) for the period | 9904 | €9,056 | €1,510 | -€7,546 | -83.3% |
| Profit (loss) for the period to be appropriated | 9905 | €9,056 | €1,510 | -€7,546 | -83.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.