Louva Construct: 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.
Louva Construct
Largest movements
- Receivables within one year +€10,460
up €10,460 (+24045.9%), from €44 to €10,503
of which Trade receivables: +€10,455
- Tangible fixed assets -€7,653
down €7,653 (-14.5%), from €52,906 to €45,253
of which Furniture and vehicles: -€10,450
- Cash +€1,423
up €1,423 (+4.1%), from €34,944 to €36,366
mainly Depreciation (+€12,553) and Net result for the year (+€7,864)
- Deferred charges and accrued income -€1,350
no longer reported in 2025 (was €1,350)
- Reserves +€7,864
up €7,864 (+23.8%), from €33,043 to €40,907
- Debts after one year -€7,458
down €7,458 (-28.6%), from €26,073 to €18,615
- Tax, wage and social debts +€1,677
up €1,677 (+7.9%), from €21,348 to €23,026
- Gross operating margin -€32,590
down €32,590 (-54.7%), from €59,610 to €27,020
- Taxes -€8,980
down €8,980 (-71.7%), from €12,533 to €3,553
- Depreciation +€2,800
up €2,800 (+28.7%), from €9,753 to €12,553
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 | €89,243 | €92,123 | +€2,880 | +3.2% |
| Fixed assets | 21/28 | €52,906 | €45,253 | -€7,653 | -14.5% |
| Tangible fixed assets | 22/27 | €52,906 | €45,253 | -€7,653 | -14.5% |
| Land and buildings | 22 | - | €4,501 | +€4,501 | |
| Plant, machinery and equipment | 23 | €8,445 | €6,741 | -€1,704 | -20.2% |
| Furniture and vehicles | 24 | €44,461 | €34,011 | -€10,450 | -23.5% |
| Current assets | 29/58 | €36,337 | €46,870 | +€10,533 | +29.0% |
| Amounts receivable within one year | 40/41 | €44 | €10,503 | +€10,460 | +24045.9% |
| Trade receivables | 40 | - | €10,455 | +€10,455 | |
| Other amounts receivable | 41 | €44 | €49 | +€5 | +12.2% |
| Cash at bank and in hand | 54/58 | €34,944 | €36,366 | +€1,423 | +4.1% |
| Deferred charges and accrued income | 490/1 | €1,350 | - | -€1,350 | |
| Total equity and liabilities | 10/49 | €89,243 | €92,123 | +€2,880 | +3.2% |
| Equity | 10/15 | €33,043 | €40,907 | +€7,864 | +23.8% |
| Reserves | 13 | €33,043 | €40,907 | +€7,864 | +23.8% |
| Distributable reserves | 133 | €33,043 | €40,907 | +€7,864 | +23.8% |
| Amounts payable | 17/49 | €56,200 | €51,215 | -€4,984 | -8.9% |
| Amounts payable after more than one year | 17 | €26,073 | €18,615 | -€7,458 | -28.6% |
| Financial debts | 170/4 | €26,073 | €18,615 | -€7,458 | -28.6% |
| Amounts payable within one year | 42/48 | €30,127 | €32,600 | +€2,473 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €6,999 | €7,458 | +€458 | +6.6% |
| Trade debts | 44 | €1,177 | €1,550 | +€373 | +31.6% |
| Suppliers | 440/4 | €1,177 | €1,550 | +€373 | +31.6% |
| Taxes, remuneration and social security | 45 | €21,348 | €23,026 | +€1,677 | +7.9% |
| Taxes | 450/3 | €21,348 | €23,026 | +€1,677 | +7.9% |
| Other amounts payable | 47/48 | €601 | €566 | -€35 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,753 | €12,553 | +€2,800 | +28.7% |
| Other operating charges | 640/8 | €408 | €367 | -€41 | -10.1% |
| Gross operating margin | 9900 | €59,610 | €27,020 | -€32,590 | -54.7% |
| Operating profit (loss) | 9901 | €49,449 | €14,100 | -€35,349 | -71.5% |
| Financial income | 75/76B | €9 | €0 | -€8 | -97.3% |
| Recurring financial income | 75 | €9 | €0 | -€8 | -97.3% |
| Financial charges | 65/66B | €3,023 | €2,683 | -€340 | -11.2% |
| Recurring financial charges | 65 | €3,023 | €2,683 | -€340 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €46,435 | €11,417 | -€35,018 | -75.4% |
| Income taxes | 67/77 | €12,533 | €3,553 | -€8,980 | -71.7% |
| Profit (loss) for the period | 9904 | €33,902 | €7,864 | -€26,038 | -76.8% |
| Profit (loss) for the period to be appropriated | 9905 | €33,902 | €7,864 | -€26,038 | -76.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.