LOUTRAKI: 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.
LOUTRAKI
Largest movements
- Cash +€31,184
up €31,184 (+196%), from €15,871 to €47,055
mainly Other debts (+€40,000) and Depreciation (+€30,280)
- Tangible fixed assets -€20,300
down €20,300 (-7.6%), from €266,526 to €246,226
of which Leasing and similar rights: -€82,711
- Other debts +€40,000
new in 2025: €40,000
- Reserves -€34,386
down €34,386 (-76.4%), from €45,000 to €10,614
- Profit (loss) carried forward +€21,110
no longer reported in 2025 (was -€21,110)
- Debts after one year -€17,569
down €17,569 (-62.7%), from €28,038 to €10,469
- Short-term financial debts -€5,927
down €5,927 (-66.8%), from €8,876 to €2,949
- Gross operating margin +€33,459
up €33,459 (+73.7%), from €45,381 to €78,840
- Taxes +€9,379
up €9,379 (+185%), from €5,060 to €14,439
- Depreciation -€4,543
down €4,543 (-13.0%), from €34,823 to €30,280
- Other operating charges +€4,149
up €4,149 (+226%), from €1,833 to €5,982
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 | €367,440 | €381,626 | +€14,186 | +3.9% |
| Fixed assets | 21/28 | €266,526 | €246,226 | -€20,300 | -7.6% |
| Tangible fixed assets | 22/27 | €266,526 | €246,226 | -€20,300 | -7.6% |
| Land and buildings | 22 | €170,437 | €158,195 | -€12,242 | -7.2% |
| Plant, machinery and equipment | 23 | €9,992 | €14,149 | +€4,157 | +41.6% |
| Furniture and vehicles | 24 | €3,386 | €2,146 | -€1,240 | -36.6% |
| Leasing and similar rights | 25 | €82,711 | - | -€82,711 | |
| Other tangible fixed assets | 26 | - | €71,736 | +€71,736 | |
| Current assets | 29/58 | €100,914 | €135,400 | +€34,486 | +34.2% |
| Amounts receivable within one year | 40/41 | €84,475 | €87,755 | +€3,280 | +3.9% |
| Trade receivables | 40 | €45,375 | €47,625 | +€2,250 | +5.0% |
| Other amounts receivable | 41 | €39,100 | €40,130 | +€1,030 | +2.6% |
| Cash at bank and in hand | 54/58 | €15,871 | €47,055 | +€31,184 | +196% |
| Deferred charges and accrued income | 490/1 | €568 | €590 | +€22 | +3.9% |
| Total equity and liabilities | 10/49 | €367,440 | €381,626 | +€14,186 | +3.9% |
| Equity | 10/15 | €309,526 | €296,250 | -€13,276 | -4.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Revaluation surpluses | 12 | €267,086 | €267,086 | = | 0.0% |
| Reserves | 13 | €45,000 | €10,614 | -€34,386 | -76.4% |
| Distributable reserves | 133 | €45,000 | €10,614 | -€34,386 | -76.4% |
| Profit (loss) carried forward | 14 | -€21,110 | - | +€21,110 | |
| Amounts payable | 17/49 | €57,914 | €85,376 | +€27,462 | +47.4% |
| Amounts payable after more than one year | 17 | €28,038 | €10,469 | -€17,569 | -62.7% |
| Financial debts | 170/4 | €28,038 | €10,469 | -€17,569 | -62.7% |
| Amounts payable within one year | 42/48 | €29,791 | €74,855 | +€45,064 | +151% |
| Current portion of amounts payable after more than one year | 42 | €17,102 | €17,569 | +€467 | +2.7% |
| Financial debts | 43 | €8,876 | €2,949 | -€5,927 | -66.8% |
| Credit institutions | 430/8 | €8,876 | €2,949 | -€5,927 | -66.8% |
| Trade debts | 44 | - | €4,898 | +€4,898 | |
| Suppliers | 440/4 | - | €4,898 | +€4,898 | |
| Taxes, remuneration and social security | 45 | €3,813 | €9,439 | +€5,626 | +148% |
| Taxes | 450/3 | €3,813 | €9,439 | +€5,626 | +148% |
| Other amounts payable | 47/48 | - | €40,000 | +€40,000 | |
| Accrued charges and deferred income | 492/3 | €85 | €52 | -€33 | -38.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,823 | €30,280 | -€4,543 | -13.0% |
| Other operating charges | 640/8 | €1,833 | €5,982 | +€4,149 | +226% |
| Gross operating margin | 9900 | €45,381 | €78,840 | +€33,459 | +73.7% |
| Operating profit (loss) | 9901 | €8,725 | €42,578 | +€33,853 | +388% |
| Financial charges | 65/66B | €2,175 | €1,415 | -€760 | -34.9% |
| Recurring financial charges | 65 | €2,175 | €1,415 | -€760 | -34.9% |
| Profit (loss) for the period before taxes | 9903 | €6,550 | €41,163 | +€34,613 | +528% |
| Income taxes | 67/77 | €5,060 | €14,439 | +€9,379 | +185% |
| Profit (loss) for the period | 9904 | €1,490 | €26,724 | +€25,234 | +1,694% |
| Profit (loss) for the period to be appropriated | 9905 | €1,490 | €26,724 | +€25,234 | +1,694% |
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 13 October 2026 via checked.be.