LOUMAX: what changed
Two fiscal 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.
LOUMAX
Largest movements
- Cash -€280,712
down €280,712 (-91.0%), from €308,536 to €27,824
mainly Debts after one year (-€204,000) and Tax, wage and social debts (-€59,676)
- Debts after one year -€204,000
no longer reported in 2025 (was €204,000)
- Tax, wage and social debts -€59,676
no longer reported in 2025 (was €59,676)
- Profit (loss) carried forward -€10,018
new in 2025: -€10,018
- Accrued charges and deferred income -€6,101
no longer reported in 2025 (was €6,101)
- Gross operating margin -€50,476
down €50,476, from €44,738 to -€5,738
- Taxes -€6,967
no longer reported in 2025 (was €6,967)
- Financial charges -€2,637
down €2,637 (-41.4%), from €6,366 to €3,729
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.
Cash bridge derived
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 | €308,536 | €27,860 | -€280,676 | -91.0% |
| Current assets | 29/58 | €308,536 | €27,860 | -€280,676 | -91.0% |
| Amounts receivable within one year | 40/41 | - | €36 | +€36 | |
| Other amounts receivable | 41 | - | €36 | +€36 | |
| Cash at bank and in hand | 54/58 | €308,536 | €27,824 | -€280,712 | -91.0% |
| Total equity and liabilities | 10/49 | €308,536 | €27,860 | -€280,676 | -91.0% |
| Equity | 10/15 | €37,868 | €27,850 | -€10,018 | -26.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €27,868 | €27,868 | = | 0.0% |
| Distributable reserves | 133 | €27,868 | €27,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€10,018 | -€10,018 | |
| Amounts payable | 17/49 | €270,668 | €10 | -€270,658 | -100.0% |
| Amounts payable after more than one year | 17 | €204,000 | - | -€204,000 | |
| Other amounts payable | 178/9 | €204,000 | - | -€204,000 | |
| Amounts payable within one year | 42/48 | €60,567 | €10 | -€60,557 | -100.0% |
| Trade debts | 44 | €892 | €10 | -€881 | -98.8% |
| Suppliers | 440/4 | €892 | €10 | -€881 | -98.8% |
| Taxes, remuneration and social security | 45 | €59,676 | - | -€59,676 | |
| Taxes | 450/3 | €59,676 | - | -€59,676 | |
| Accrued charges and deferred income | 492/3 | €6,101 | - | -€6,101 | |
| Other operating charges | 640/8 | €427 | €551 | +€123 | +28.8% |
| Gross operating margin | 9900 | €44,738 | -€5,738 | -€50,476 | |
| Operating profit (loss) | 9901 | €44,310 | -€6,289 | -€50,599 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €6,366 | €3,729 | -€2,637 | -41.4% |
| Recurring financial charges | 65 | €6,366 | €3,729 | -€2,637 | -41.4% |
| Profit (loss) for the period before taxes | 9903 | €37,945 | -€10,018 | -€47,963 | |
| Income taxes | 67/77 | €6,967 | - | -€6,967 | |
| Profit (loss) for the period | 9904 | €30,978 | -€10,018 | -€40,996 | |
| Profit (loss) for the period to be appropriated | 9905 | €30,978 | -€10,018 | -€40,996 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.