LOUPIN: 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.
LOUPIN
Largest movements
- Cash +€63,409
up €63,409 (+41.8%), from €151,819 to €215,228
mainly Net result for the year (+€84,980) and Other debts (+€24,584)
- Receivables within one year +€10,546
up €10,546 (+27.0%), from €39,120 to €49,666
of which Other amounts receivable: +€24,981
- Tangible fixed assets -€10,091
down €10,091 (-26.4%), from €38,216 to €28,125
of which Furniture and vehicles: -€9,728
- Deferred charges and accrued income -€4,420
no longer reported in 2025 (was €4,420)
- Profit (loss) carried forward +€54,980
up €54,980 (+35.0%), from €157,022 to €212,002
- Other debts +€24,584
up €24,584 (+454%), from €5,416 to €30,000
- Tax, wage and social debts -€11,032
down €11,032 (-33.0%), from €33,415 to €22,383
- Debts after one year -€9,311
down €9,311 (-35.0%), from €26,610 to €17,299
- Gross operating margin -€17,488
down €17,488 (-12.8%), from €136,592 to €119,104
- Taxes -€4,733
down €4,733 (-17.5%), from €27,115 to €22,382
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 | €233,575 | €293,019 | +€59,444 | +25.4% |
| Fixed assets | 21/28 | €38,216 | €28,125 | -€10,091 | -26.4% |
| Tangible fixed assets | 22/27 | €38,216 | €28,125 | -€10,091 | -26.4% |
| Plant, machinery and equipment | 23 | €3,197 | €2,834 | -€363 | -11.4% |
| Furniture and vehicles | 24 | €35,019 | €25,291 | -€9,728 | -27.8% |
| Current assets | 29/58 | €195,359 | €264,894 | +€69,535 | +35.6% |
| Amounts receivable within one year | 40/41 | €39,120 | €49,666 | +€10,546 | +27.0% |
| Trade receivables | 40 | €39,120 | €24,685 | -€14,435 | -36.9% |
| Other amounts receivable | 41 | - | €24,981 | +€24,981 | |
| Cash at bank and in hand | 54/58 | €151,819 | €215,228 | +€63,409 | +41.8% |
| Deferred charges and accrued income | 490/1 | €4,420 | - | -€4,420 | |
| Total equity and liabilities | 10/49 | €233,575 | €293,019 | +€59,444 | +25.4% |
| Equity | 10/15 | €159,022 | €214,002 | +€54,980 | +34.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €157,022 | €212,002 | +€54,980 | +35.0% |
| Amounts payable | 17/49 | €74,553 | €79,017 | +€4,464 | +6.0% |
| Amounts payable after more than one year | 17 | €26,610 | €17,299 | -€9,311 | -35.0% |
| Financial debts | 170/4 | €26,610 | €17,299 | -€9,311 | -35.0% |
| Amounts payable within one year | 42/48 | €47,943 | €61,718 | +€13,775 | +28.7% |
| Current portion of amounts payable after more than one year | 42 | €8,916 | €9,311 | +€395 | +4.4% |
| Trade debts | 44 | €197 | €24 | -€173 | -87.8% |
| Suppliers | 440/4 | €197 | €24 | -€173 | -87.8% |
| Taxes, remuneration and social security | 45 | €33,415 | €22,383 | -€11,032 | -33.0% |
| Taxes | 450/3 | €33,415 | €22,383 | -€11,032 | -33.0% |
| Other amounts payable | 47/48 | €5,416 | €30,000 | +€24,584 | +454% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,041 | €10,091 | +€50 | +0.5% |
| Other operating charges | 640/8 | €50 | €191 | +€141 | +281% |
| Gross operating margin | 9900 | €136,592 | €119,104 | -€17,488 | -12.8% |
| Operating profit (loss) | 9901 | €126,501 | €108,822 | -€17,679 | -14.0% |
| Financial charges | 65/66B | €1,883 | €1,460 | -€423 | -22.5% |
| Recurring financial charges | 65 | €1,883 | €1,460 | -€423 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €124,618 | €107,362 | -€17,256 | -13.8% |
| Income taxes | 67/77 | €27,115 | €22,382 | -€4,733 | -17.5% |
| Profit (loss) for the period | 9904 | €97,503 | €84,980 | -€12,523 | -12.8% |
| Profit (loss) for the period to be appropriated | 9905 | €97,503 | €84,980 | -€12,523 | -12.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.