LouvainBK: 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.
LouvainBK
Largest movements
- Tangible fixed assets -€112,497
down €112,497 (-33.6%), from €334,343 to €221,846
of which Land and buildings: -€108,451
- Cash +€8,704
up €8,704 (+2.8%), from €309,555 to €318,259
mainly Depreciation (+€116,849) and Net result for the year (+€56,657)
- Contributions -€74,999
down €74,999 (-100.0%), from €75,000 to €1
- Debts after one year -€66,310
no longer reported in 2025 (was €66,310)
- Current portion of long-term debt -€65,254
down €65,254 (-45.8%), from €142,584 to €77,331
- Reserves +€56,249
up €56,249 (+17.7%), from €317,081 to €373,330
- Tax, wage and social debts +€27,476
up €27,476 (+31.5%), from €87,099 to €114,575
of which Remuneration and social security: +€17,821
- Staff costs +€50,058
up €50,058 (+8.2%), from €607,274 to €657,332
- Gross operating margin +€49,299
up €49,299 (+6.1%), from €814,172 to €863,471
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 | €820,815 | €701,450 | -€119,364 | -14.5% |
| Fixed assets | 21/28 | €334,343 | €221,846 | -€112,497 | -33.6% |
| Tangible fixed assets | 22/27 | €334,343 | €221,846 | -€112,497 | -33.6% |
| Land and buildings | 22 | €312,935 | €204,484 | -€108,451 | -34.7% |
| Plant, machinery and equipment | 23 | €21,408 | €17,362 | -€4,046 | -18.9% |
| Current assets | 29/58 | €486,471 | €479,604 | -€6,867 | -1.4% |
| Stocks and contracts in progress | 3 | €19,799 | €18,318 | -€1,481 | -7.5% |
| Stocks | 30/36 | €19,799 | €18,318 | -€1,481 | -7.5% |
| Amounts receivable within one year | 40/41 | €66,969 | €59,405 | -€7,564 | -11.3% |
| Trade receivables | 40 | €2,018 | €1,760 | -€258 | -12.8% |
| Other amounts receivable | 41 | €64,951 | €57,645 | -€7,306 | -11.2% |
| Current investments | 50/53 | €80,000 | €80,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €309,555 | €318,259 | +€8,704 | +2.8% |
| Deferred charges and accrued income | 490/1 | €10,148 | €3,622 | -€6,526 | -64.3% |
| Total equity and liabilities | 10/49 | €820,815 | €701,450 | -€119,364 | -14.5% |
| Equity | 10/15 | €392,081 | €373,331 | -€18,750 | -4.8% |
| Contributions | 10/11 | €75,000 | €1 | -€74,999 | -100.0% |
| Reserves | 13 | €317,081 | €373,330 | +€56,249 | +17.7% |
| Distributable reserves | 133 | €317,081 | €373,330 | +€56,249 | +17.7% |
| Amounts payable | 17/49 | €428,734 | €328,119 | -€100,615 | -23.5% |
| Amounts payable after more than one year | 17 | €66,310 | - | -€66,310 | |
| Financial debts | 170/4 | €66,310 | - | -€66,310 | |
| Amounts payable within one year | 42/48 | €362,424 | €322,475 | -€39,949 | -11.0% |
| Current portion of amounts payable after more than one year | 42 | €142,584 | €77,331 | -€65,254 | -45.8% |
| Trade debts | 44 | €130,181 | €127,664 | -€2,517 | -1.9% |
| Suppliers | 440/4 | €130,181 | €127,664 | -€2,517 | -1.9% |
| Taxes, remuneration and social security | 45 | €87,099 | €114,575 | +€27,476 | +31.5% |
| Taxes | 450/3 | €14,218 | €23,873 | +€9,655 | +67.9% |
| Remuneration and social security | 454/9 | €72,881 | €90,702 | +€17,821 | +24.5% |
| Other amounts payable | 47/48 | €2,559 | €2,905 | +€347 | +13.5% |
| Accrued charges and deferred income | 492/3 | - | €5,644 | +€5,644 | |
| Remuneration, social security and pensions | 62 | €607,274 | €657,332 | +€50,058 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €116,047 | €116,849 | +€801 | +0.7% |
| Other operating charges | 640/8 | €1,554 | €1,673 | +€119 | +7.7% |
| Gross operating margin | 9900 | €814,172 | €863,471 | +€49,299 | +6.1% |
| Operating profit (loss) | 9901 | €89,297 | €87,618 | -€1,679 | -1.9% |
| Financial income | 75/76B | €4,093 | €3,856 | -€237 | -5.8% |
| Recurring financial income | 75 | €4,093 | €3,856 | -€237 | -5.8% |
| Financial charges | 65/66B | €7,283 | €7,247 | -€36 | -0.5% |
| Recurring financial charges | 65 | €7,283 | €7,247 | -€36 | -0.5% |
| Profit (loss) for the period before taxes | 9903 | €86,107 | €84,226 | -€1,880 | -2.2% |
| Income taxes | 67/77 | €28,267 | €27,569 | -€698 | -2.5% |
| Profit (loss) for the period | 9904 | €57,839 | €56,657 | -€1,182 | -2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €57,839 | €56,657 | -€1,182 | -2.0% |
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 19 October 2026 via checked.be.