LOUVALIM: 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.
What changed
LOUVALIM
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€333,890
2024 · -€42,784+€376,674
Equity
€336,660
2024 · €2,769+€333,890
Cash
€575
2024 · €36+€538
Balance sheet total
€758,898
2024 · €465,083+€293,815
Largest movements
Assets
- Receivables within one year +€285,862
up €285,862 (+280%), from €102,028 to €387,890
of which Other amounts receivable: +€221,864
Equity and liabilities
- Profit (loss) carried forward +€333,890
up €333,890, from -€42,231 to €291,660
- Trade debts -€24,280
down €24,280 (-89.9%), from €26,999 to €2,719
- Debts after one year -€15,207
down €15,207 (-20.7%), from €73,380 to €58,173
Income statement
- Gross operating margin +€382,573
up €382,573, from -€40,327 to €342,246
- Taxes +€4,142
up €4,142 (+200%), from €2,069 to €6,211
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.
Result 2024
-€42,784
Gross operating margin
+€382,573
Staff costs
+€728
Depreciation
-€1,766
Other operating charges
+€296
Financial income
+€648
Financial charges
-€1,664
Taxes
-€4,142
Result 2025
€333,890
raises the resultlowers the result
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.
From operations
+€28,161
Investment
-€10,285
Financing
-€17,337
Cash 2024
€36
From operations (derived)
+€28,161
Net result for the year
+€333,890
Depreciation
+€3,636
Receivables within one year
-€285,862
Deferred charges and accrued income
-€765
Trade debts
-€24,280
Tax, wage and social debts
+€1,541
Investment (derived)
-€10,285
Investment in fixed assets (net)
-€10,285
Financing
-€17,337
Debts after one year
-€15,207
Current portion of long-term debt
-€960
Short-term financial debts
-€1,170
Cash 2025
€575
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €465,083 | €758,898 | +€293,815 | +63.2% |
| Fixed assets | 21/28 | €61,920 | €68,569 | +€6,649 | +10.7% |
| Tangible fixed assets | 22/27 | €11,920 | €18,569 | +€6,649 | +55.8% |
| Furniture and vehicles | 24 | - | €8,520 | +€8,520 | |
| Other tangible fixed assets | 26 | €11,920 | €10,050 | -€1,870 | -15.7% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €403,163 | €690,329 | +€287,166 | +71.2% |
| Amounts receivable after more than one year | 29 | €300,000 | €300,000 | = | 0.0% |
| Other amounts receivable | 291 | €300,000 | €300,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €102,028 | €387,890 | +€285,862 | +280% |
| Trade receivables | 40 | €37,204 | €101,202 | +€63,999 | +172% |
| Other amounts receivable | 41 | €64,825 | €286,688 | +€221,864 | +342% |
| Cash at bank and in hand | 54/58 | €36 | €575 | +€538 | +1,479% |
| Deferred charges and accrued income | 490/1 | €1,098 | €1,864 | +€765 | +69.7% |
| Total equity and liabilities | 10/49 | €465,083 | €758,898 | +€293,815 | +63.2% |
| Equity | 10/15 | €2,769 | €336,660 | +€333,890 | +12,057% |
| Contributions | 10/11 | €45,000 | €45,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,231 | €291,660 | +€333,890 | |
| Amounts payable | 17/49 | €462,313 | €422,238 | -€40,075 | -8.7% |
| Amounts payable after more than one year | 17 | €73,380 | €58,173 | -€15,207 | -20.7% |
| Financial debts | 170/4 | €73,380 | €58,173 | -€15,207 | -20.7% |
| Amounts payable within one year | 42/48 | €88,933 | €64,065 | -€24,868 | -28.0% |
| Current portion of amounts payable after more than one year | 42 | €16,167 | €15,207 | -€960 | -5.9% |
| Financial debts | 43 | €40,003 | €38,833 | -€1,170 | -2.9% |
| Credit institutions | 430/8 | €40,003 | €38,833 | -€1,170 | -2.9% |
| Trade debts | 44 | €26,999 | €2,719 | -€24,280 | -89.9% |
| Suppliers | 440/4 | €26,999 | €2,719 | -€24,280 | -89.9% |
| Taxes, remuneration and social security | 45 | €5,764 | €7,305 | +€1,541 | +26.7% |
| Taxes | 450/3 | €5,764 | €7,305 | +€1,541 | +26.7% |
| Accrued charges and deferred income | 492/3 | €300,000 | €300,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €728 | - | -€728 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,870 | €3,636 | +€1,766 | +94.4% |
| Other operating charges | 640/8 | €296 | - | -€296 | |
| Gross operating margin | 9900 | -€40,327 | €342,246 | +€382,573 | |
| Operating profit (loss) | 9901 | -€43,222 | €338,610 | +€381,832 | |
| Financial income | 75/76B | €10,052 | €10,700 | +€648 | +6.5% |
| Recurring financial income | 75 | €10,052 | €10,700 | +€648 | +6.5% |
| Financial charges | 65/66B | €7,544 | €9,209 | +€1,664 | +22.1% |
| Recurring financial charges | 65 | €7,544 | €9,209 | +€1,664 | +22.1% |
| Profit (loss) for the period before taxes | 9903 | -€40,714 | €340,102 | +€380,816 | |
| Income taxes | 67/77 | €2,069 | €6,211 | +€4,142 | +200% |
| Profit (loss) for the period | 9904 | -€42,784 | €333,890 | +€376,674 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,784 | €333,890 | +€376,674 |
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 22 October 2026 via checked.be.