LOUMAT CONSULT: 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.
LOUMAT CONSULT
Largest movements
- Current investments -€210,000
no longer reported in 2025 (was €210,000)
- Receivables after one year -€115,830
no longer reported in 2025 (was €115,830)
- Profit (loss) carried forward -€259,270
down €259,270 (-96.3%), from €269,174 to €9,904
- Short-term financial debts -€37,031
down €37,031 (-66.5%), from €55,689 to €18,658
- Debts after one year -€18,658
no longer reported in 2025 (was €18,658)
- Tax, wage and social debts -€13,294
down €13,294 (-66.1%), from €20,111 to €6,818
- Gross operating margin +€11,852
up €11,852 (+15.7%), from €75,258 to €87,110
- Financial income -€6,073
down €6,073 (-63.7%), from €9,539 to €3,466
- Depreciation +€6,030
up €6,030 (+194%), from €3,104 to €9,134
- Taxes -€3,301
down €3,301 (-19.5%), from €16,904 to €13,603
- Financial charges -€1,143
down €1,143 (-50.1%), from €2,281 to €1,138
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 | €366,632 | €38,380 | -€328,252 | -89.5% |
| Formation expenses | 20 | €286 | €34 | -€252 | -88.0% |
| Fixed assets | 21/28 | €9,573 | €11,033 | +€1,460 | +15.2% |
| Tangible fixed assets | 22/27 | €9,573 | €11,033 | +€1,460 | +15.2% |
| Furniture and vehicles | 24 | €9,573 | €11,033 | +€1,460 | +15.2% |
| Current assets | 29/58 | €356,772 | €27,312 | -€329,460 | -92.3% |
| Amounts receivable after more than one year | 29 | €115,830 | - | -€115,830 | |
| Other amounts receivable | 291 | €115,830 | - | -€115,830 | |
| Current investments | 50/53 | €210,000 | - | -€210,000 | |
| Cash at bank and in hand | 54/58 | €30,942 | €27,312 | -€3,630 | -11.7% |
| Total equity and liabilities | 10/49 | €366,632 | €38,380 | -€328,252 | -89.5% |
| Equity | 10/15 | €272,174 | €12,904 | -€259,270 | -95.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €269,174 | €9,904 | -€259,270 | -96.3% |
| Amounts payable | 17/49 | €94,458 | €25,476 | -€68,982 | -73.0% |
| Amounts payable after more than one year | 17 | €18,658 | - | -€18,658 | |
| Financial debts | 170/4 | €18,658 | - | -€18,658 | |
| Amounts payable within one year | 42/48 | €75,800 | €25,476 | -€50,325 | -66.4% |
| Financial debts | 43 | €55,689 | €18,658 | -€37,031 | -66.5% |
| Credit institutions | 430/8 | €55,689 | €18,658 | -€37,031 | -66.5% |
| Taxes, remuneration and social security | 45 | €20,111 | €6,818 | -€13,294 | -66.1% |
| Taxes | 450/3 | €20,111 | €6,818 | -€13,294 | -66.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,104 | €9,134 | +€6,030 | +194% |
| Other operating charges | 640/8 | €1,045 | €1,466 | +€421 | +40.3% |
| Gross operating margin | 9900 | €75,258 | €87,110 | +€11,852 | +15.7% |
| Operating profit (loss) | 9901 | €71,108 | €76,510 | +€5,401 | +7.6% |
| Financial income | 75/76B | €9,539 | €3,466 | -€6,073 | -63.7% |
| Recurring financial income | 75 | €9,539 | €3,466 | -€6,073 | -63.7% |
| Financial charges | 65/66B | €2,281 | €1,138 | -€1,143 | -50.1% |
| Recurring financial charges | 65 | €2,281 | €1,138 | -€1,143 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €78,367 | €78,838 | +€472 | +0.6% |
| Income taxes | 67/77 | €16,904 | €13,603 | -€3,301 | -19.5% |
| Profit (loss) for the period | 9904 | €61,463 | €65,235 | +€3,773 | +6.1% |
| Profit (loss) for the period to be appropriated | 9905 | €61,463 | €65,235 | +€3,773 | +6.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.