Louvax: 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.
Louvax
Largest movements
- Cash -€1,483
down €1,483 (-81.8%), from €1,813 to €330
mainly Net result for the year (-€1,483)
- Profit (loss) carried forward -€1,483
down €1,483 (-14.6%), from -€10,187 to -€11,670
- Gross operating margin +€918
up €918 (+54.4%), from -€1,686 to -€768
- Other operating charges -€87
down €87 (-11.3%), from €772 to €684
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 | €36,813 | €35,330 | -€1,483 | -4.0% |
| Fixed assets | 21/28 | €35,000 | €35,000 | = | 0.0% |
| Tangible fixed assets | 22/27 | €35,000 | €35,000 | = | 0.0% |
| Land and buildings | 22 | €35,000 | €35,000 | = | 0.0% |
| Current assets | 29/58 | €1,813 | €330 | -€1,483 | -81.8% |
| Cash at bank and in hand | 54/58 | €1,813 | €330 | -€1,483 | -81.8% |
| Total equity and liabilities | 10/49 | €36,813 | €35,330 | -€1,483 | -4.0% |
| Equity | 10/15 | -€5,187 | -€6,670 | -€1,483 | -28.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,187 | -€11,670 | -€1,483 | -14.6% |
| Amounts payable | 17/49 | €42,000 | €42,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €42,000 | €42,000 | = | 0.0% |
| Other amounts payable | 47/48 | €42,000 | €42,000 | = | 0.0% |
| Other operating charges | 640/8 | €772 | €684 | -€87 | -11.3% |
| Gross operating margin | 9900 | -€1,686 | -€768 | +€918 | +54.4% |
| Operating profit (loss) | 9901 | -€2,458 | -€1,453 | +€1,005 | +40.9% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,488 | -€1,483 | +€1,005 | +40.4% |
| Profit (loss) for the period | 9904 | -€2,488 | -€1,483 | +€1,005 | +40.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,488 | -€1,483 | +€1,005 | +40.4% |
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 5 October 2026 via checked.be.