Lousbergh Kevin: 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.
Lousbergh Kevin
Largest movements
- Cash -€14,319
down €14,319 (-93.4%), from €15,335 to €1,016
mainly Net result for the year (-€7,180) and Tax, wage and social debts (-€5,711)
- Tangible fixed assets -€4,322
down €4,322 (-21.8%), from €19,848 to €15,526
of which Furniture and vehicles: -€2,769
- Profit (loss) carried forward -€7,180
new in 2025: -€7,180
- Tax, wage and social debts -€5,711
no longer reported in 2025 (was €5,711)
- Trade debts -€3,615
no longer reported in 2025 (was €3,615)
- Other debts -€2,135
down €2,135 (-19.4%), from €11,008 to €8,873
- Gross operating margin -€15,966
down €15,966, from €13,481 to -€2,486
- Depreciation +€3,584
up €3,584 (+486%), from €737 to €4,322
- Taxes -€2,711
no longer reported in 2025 (was €2,711)
- Other operating charges +€252
up €252 (+143%), from €177 to €429
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 | €35,183 | €16,542 | -€18,641 | -53.0% |
| Fixed assets | 21/28 | €19,848 | €15,526 | -€4,322 | -21.8% |
| Tangible fixed assets | 22/27 | €19,848 | €15,526 | -€4,322 | -21.8% |
| Land and buildings | 22 | €3,447 | €3,098 | -€349 | -10.1% |
| Plant, machinery and equipment | 23 | €5,657 | €4,454 | -€1,203 | -21.3% |
| Furniture and vehicles | 24 | €10,744 | €7,975 | -€2,769 | -25.8% |
| Current assets | 29/58 | €15,335 | €1,016 | -€14,319 | -93.4% |
| Cash at bank and in hand | 54/58 | €15,335 | €1,016 | -€14,319 | -93.4% |
| Total equity and liabilities | 10/49 | €35,183 | €16,542 | -€18,641 | -53.0% |
| Equity | 10/15 | €14,849 | €7,669 | -€7,180 | -48.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | €5,000 | = | 0.0% |
| Other | 1109/19 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €9,849 | €9,849 | = | 0.0% |
| Distributable reserves | 133 | €9,849 | €9,849 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€7,180 | -€7,180 | |
| Amounts payable | 17/49 | €20,334 | €8,873 | -€11,461 | -56.4% |
| Amounts payable within one year | 42/48 | €20,334 | €8,873 | -€11,461 | -56.4% |
| Trade debts | 44 | €3,615 | - | -€3,615 | |
| Suppliers | 440/4 | €3,615 | - | -€3,615 | |
| Taxes, remuneration and social security | 45 | €5,711 | - | -€5,711 | |
| Taxes | 450/3 | €5,711 | - | -€5,711 | |
| Other amounts payable | 47/48 | €11,008 | €8,873 | -€2,135 | -19.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €737 | €4,322 | +€3,584 | +486% |
| Other operating charges | 640/8 | €177 | €429 | +€252 | +143% |
| Gross operating margin | 9900 | €13,481 | -€2,486 | -€15,966 | |
| Operating profit (loss) | 9901 | €12,567 | -€7,237 | -€19,803 | |
| Financial income | 75/76B | €113 | €150 | +€38 | +33.3% |
| Recurring financial income | 75 | €113 | €150 | +€38 | +33.3% |
| Financial charges | 65/66B | €120 | €93 | -€26 | -22.0% |
| Recurring financial charges | 65 | €120 | €93 | -€26 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €12,560 | -€7,180 | -€19,739 | |
| Income taxes | 67/77 | €2,711 | - | -€2,711 | |
| Profit (loss) for the period | 9904 | €9,849 | -€7,180 | -€17,029 | |
| Profit (loss) for the period to be appropriated | 9905 | €9,849 | -€7,180 | -€17,029 |
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 28 October 2026 via checked.be.