LOUNANE: 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.
What changed
LOUNANE
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
-€15,019
2023 · -€21,100+€6,081
Equity
€48,708
2023 · €84,701-€35,993
Cash
€5,358
2023 · €10,085-€4,727
Balance sheet total
€981,937
2023 · €1.0m-€48,004
Largest movements
Assets
- Tangible fixed assets -€43,278
down €43,278 (-4.4%), from €986,754 to €943,476
of which Land and buildings: -€43,178
Equity and liabilities
- Profit (loss) carried forward -€35,994
down €35,994 (-29.4%), from -€122,596 to -€158,590
Income statement
- Turnover +€32,787
new in 2024: €32,787
- Purchases and services +€17,943
new in 2024: €17,943
- Gross operating margin +€7,855
up €7,855 (+28.4%), from €27,666 to €35,521
- Taxes -€1,792
no longer reported in 2024 (was €1,792)
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.
Result 2023
-€21,100
Gross operating margin
+€7,855
Depreciation
-€72
Other operating charges
-€138
Financial income
-€23
Financial charges
-€13
Taxes
+€1,792
Deferred taxes and other
-€3,319
Result 2024
-€15,019
Cash bridge derived
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.
From operations
+€17,098
Investment
-€850
Financing
-€20,974
Cash 2023
€10,085
From operations (derived)
+€17,098
Net result for the year
-€15,019
Depreciation
+€44,128
Smaller working-capital items
+€4
Trade debts
-€2,709
Other debts
-€9,307
Investment (derived)
-€850
Investment in fixed assets (net)
-€850
Financing
-€20,974
Contributions, distributions and other
-€20,974
Cash 2024
€5,358
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,029,941 | €981,937 | -€48,004 | -4.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €991,365 | €948,087 | -€43,278 | -4.4% |
| Tangible fixed assets | 22/27 | €986,754 | €943,476 | -€43,278 | -4.4% |
| Land and buildings | 22 | €975,154 | €931,976 | -€43,178 | -4.4% |
| Furniture and vehicles | 24 | €11,600 | €11,500 | -€100 | -0.9% |
| Financial fixed assets | 28 | €4,611 | €4,611 | +€0 | 0.0% |
| Current assets | 29/58 | €38,577 | €33,850 | -€4,727 | -12.3% |
| Amounts receivable within one year | 40/41 | €28,492 | €28,492 | +€0 | 0.0% |
| Trade receivables | 40 | €498 | €498 | +€0 | +0.1% |
| Other amounts receivable | 41 | €27,994 | €27,994 | -€0 | 0.0% |
| Current investments | 50/53 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €10,085 | €5,358 | -€4,727 | -46.9% |
| Total equity and liabilities | 10/49 | €1,029,941 | €981,937 | -€48,004 | -4.7% |
| Equity | 10/15 | €84,701 | €48,708 | -€35,993 | -42.5% |
| Contributions | 10/11 | €62,000 | €62,000 | +€0 | 0.0% |
| Capital | 10 | €62,000 | €62,000 | +€0 | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | +€0 | 0.0% |
| Reserves | 13 | €145,298 | €145,298 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €2,539 | €2,539 | +€0 | 0.0% |
| Legal reserve | 130 | €2,539 | €2,539 | +€0 | 0.0% |
| Tax-exempt reserves | 132 | €142,759 | €142,759 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | -€122,596 | -€158,590 | -€35,994 | -29.4% |
| Provisions and deferred taxes | 16 | €73,492 | €73,492 | -€0 | 0.0% |
| Deferred taxes | 168 | €73,492 | €73,492 | -€0 | 0.0% |
| Amounts payable | 17/49 | €871,748 | €859,737 | -€12,011 | -1.4% |
| Amounts payable after more than one year | 17 | €310,000 | €310,000 | = | 0.0% |
| Other amounts payable | 178/9 | €310,000 | €310,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €561,748 | €549,737 | -€12,011 | -2.1% |
| Trade debts | 44 | €4,482 | €1,773 | -€2,709 | -60.4% |
| Suppliers | 440/4 | €4,482 | €1,773 | -€2,709 | -60.4% |
| Taxes, remuneration and social security | 45 | €1,940 | €1,945 | +€5 | +0.2% |
| Taxes | 450/3 | €1,940 | €1,945 | +€5 | +0.2% |
| Other amounts payable | 47/48 | €555,326 | €546,019 | -€9,307 | -1.7% |
| Turnover | 70 | - | €32,787 | +€32,787 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €17,943 | +€17,943 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44,056 | €44,128 | +€72 | +0.2% |
| Other operating charges | 640/8 | €6,101 | €6,239 | +€138 | +2.3% |
| Gross operating margin | 9900 | €27,666 | €35,521 | +€7,855 | +28.4% |
| Operating profit (loss) | 9901 | -€22,491 | -€14,846 | +€7,645 | +34.0% |
| Financial income | 75/76B | €26 | €3 | -€23 | -88.5% |
| Recurring financial income | 75 | €26 | €3 | -€23 | -88.5% |
| Financial charges | 65/66B | €163 | €176 | +€13 | +7.9% |
| Recurring financial charges | 65 | €163 | €176 | +€13 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€22,628 | -€15,019 | +€7,609 | +33.6% |
| Transfer from deferred taxes | 780 | €3,319 | - | -€3,319 | |
| Income taxes | 67/77 | €1,792 | - | -€1,792 | |
| Profit (loss) for the period | 9904 | -€21,100 | -€15,019 | +€6,081 | +28.8% |
| Transfer from tax-exempt reserves | 789 | €6,443 | - | -€6,443 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,657 | -€15,019 | -€362 | -2.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.