LOUVDIET: 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.
LOUVDIET
Largest movements
- Cash +€4,105
up €4,105 (+33.5%), from €12,260 to €16,366
mainly Net result for the year (+€9,163) and Other debts (+€7,790)
- Tangible fixed assets +€1,764
up €1,764 (+54.7%), from €3,224 to €4,988
of which Plant, machinery and equipment: +€2,411
- Stocks and contracts +€1,205
up €1,205 (+22.0%), from €5,473 to €6,679
- Deferred charges and accrued income +€377
up €377 (+195%), from €193 to €570
- Other debts +€7,790
up €7,790 (+413%), from €1,885 to €9,674
- Trade debts -€2,906
down €2,906 (-58.8%), from €4,940 to €2,034
- Tax, wage and social debts +€1,696
up €1,696 (+48.5%), from €3,498 to €5,194
of which Taxes: +€1,684
- Profit (loss) carried forward +€872
up €872, from -€872 to €0
- Staff costs -€6,566
down €6,566 (-34.1%), from €19,247 to €12,681
- Gross operating margin -€5,155
down €5,155 (-16.8%), from €30,647 to €25,492
- Taxes +€1,020
new in 2025: €1,020
- Financial income -€432
no longer reported in 2025 (was €432)
- Depreciation +€381
up €381 (+57.8%), from €659 to €1,041
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 | €21,151 | €28,602 | +€7,452 | +35.2% |
| Fixed assets | 21/28 | €3,224 | €4,988 | +€1,764 | +54.7% |
| Tangible fixed assets | 22/27 | €3,224 | €4,988 | +€1,764 | +54.7% |
| Plant, machinery and equipment | 23 | €930 | €3,341 | +€2,411 | +259% |
| Furniture and vehicles | 24 | €2,295 | €1,648 | -€647 | -28.2% |
| Current assets | 29/58 | €17,927 | €23,614 | +€5,687 | +31.7% |
| Stocks and contracts in progress | 3 | €5,473 | €6,679 | +€1,205 | +22.0% |
| Stocks | 30/36 | €5,473 | €6,679 | +€1,205 | +22.0% |
| Cash at bank and in hand | 54/58 | €12,260 | €16,366 | +€4,105 | +33.5% |
| Deferred charges and accrued income | 490/1 | €193 | €570 | +€377 | +195% |
| Total equity and liabilities | 10/49 | €21,151 | €28,602 | +€7,452 | +35.2% |
| Equity | 10/15 | €10,828 | €11,700 | +€872 | +8.0% |
| Contributions | 10/11 | €11,700 | €11,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€872 | €0 | +€872 | |
| Amounts payable | 17/49 | €10,322 | €16,902 | +€6,580 | +63.7% |
| Amounts payable within one year | 42/48 | €10,322 | €16,902 | +€6,580 | +63.7% |
| Trade debts | 44 | €4,940 | €2,034 | -€2,906 | -58.8% |
| Suppliers | 440/4 | €4,940 | €2,034 | -€2,906 | -58.8% |
| Taxes, remuneration and social security | 45 | €3,498 | €5,194 | +€1,696 | +48.5% |
| Taxes | 450/3 | €897 | €2,582 | +€1,684 | +188% |
| Remuneration and social security | 454/9 | €2,601 | €2,612 | +€12 | +0.4% |
| Other amounts payable | 47/48 | €1,885 | €9,674 | +€7,790 | +413% |
| Remuneration, social security and pensions | 62 | €19,247 | €12,681 | -€6,566 | -34.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €659 | €1,041 | +€381 | +57.8% |
| Other operating charges | 640/8 | €680 | €635 | -€46 | -6.7% |
| Gross operating margin | 9900 | €30,647 | €25,492 | -€5,155 | -16.8% |
| Operating profit (loss) | 9901 | €10,060 | €11,135 | +€1,075 | +10.7% |
| Financial income | 75/76B | €432 | - | -€432 | |
| Recurring financial income | 75 | €432 | - | -€432 | |
| Financial charges | 65/66B | €854 | €952 | +€98 | +11.5% |
| Recurring financial charges | 65 | €854 | €952 | +€98 | +11.5% |
| Profit (loss) for the period before taxes | 9903 | €9,638 | €10,183 | +€545 | +5.7% |
| Income taxes | 67/77 | - | €1,020 | +€1,020 | |
| Profit (loss) for the period | 9904 | €9,638 | €9,163 | -€475 | -4.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,638 | €9,163 | -€475 | -4.9% |
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 20 October 2026 via checked.be.