LOUVE-CONSTRUCTION: 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.
LOUVE-CONSTRUCTION
Largest movements
- Receivables within one year +€50,100
up €50,100 (+108.1%), from €46,333 to €96,433
of which Trade receivables: +€50,000
- Cash +€9,285
up €9,285 (+219.7%), from €4,227 to €13,512
mainly Other debts (+€88,568) and Depreciation (+€8,526)
- Tangible fixed assets -€8,526
down €8,526 (-7.0%), from €121,247 to €112,721
- Other debts +€88,568
up €88,568 (+77.8%), from €113,869 to €202,437
- Profit (loss) carried forward -€17,405
down €17,405 (-14.3%), from -€121,634 to -€139,039
- Trade debts -€11,837
down €11,837 (-29.8%), from €39,696 to €27,859
- Debts after one year -€7,326
down €7,326 (-9.4%), from €78,143 to €70,818
- Turnover -€234,189
down €234,189 (-98.2%), from €238,589 to €4,400
- Purchases and services -€138,896
down €138,896 (-97.3%), from €142,741 to €3,844
- Staff costs -€104,750
no longer reported in 2024 (was €104,750)
- Gross operating margin -€95,293
down €95,293 (-99.4%), from €95,848 to €556
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,857 | €222,716 | +€50,859 | +29.6% |
| Fixed assets | 21/28 | €121,297 | €112,771 | -€8,526 | -7.0% |
| Tangible fixed assets | 22/27 | €121,247 | €112,721 | -€8,526 | -7.0% |
| Land and buildings | 22 | €115,060 | €111,384 | -€3,676 | -3.2% |
| Plant, machinery and equipment | 23 | €2,453 | €1,227 | -€1,227 | -50.0% |
| Furniture and vehicles | 24 | €3,733 | €110 | -€3,623 | -97.1% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €50,560 | €109,945 | +€59,385 | +117.5% |
| Amounts receivable within one year | 40/41 | €46,333 | €96,433 | +€50,100 | +108.1% |
| Trade receivables | 40 | €14,760 | €64,760 | +€50,000 | +338.8% |
| Other amounts receivable | 41 | €31,573 | €31,673 | +€100 | +0.3% |
| Cash at bank and in hand | 54/58 | €4,227 | €13,512 | +€9,285 | +219.7% |
| Total equity and liabilities | 10/49 | €171,857 | €222,716 | +€50,859 | +29.6% |
| Equity | 10/15 | -€103,034 | -€120,439 | -€17,405 | -16.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,634 | -€139,039 | -€17,405 | -14.3% |
| Amounts payable | 17/49 | €274,892 | €343,155 | +€68,264 | +24.8% |
| Amounts payable after more than one year | 17 | €78,143 | €70,818 | -€7,326 | -9.4% |
| Financial debts | 170/4 | €78,143 | €70,818 | -€7,326 | -9.4% |
| Amounts payable within one year | 42/48 | €196,748 | €272,338 | +€75,590 | +38.4% |
| Current portion of amounts payable after more than one year | 42 | €6,968 | €7,326 | +€358 | +5.1% |
| Trade debts | 44 | €39,696 | €27,859 | -€11,837 | -29.8% |
| Suppliers | 440/4 | €39,696 | €27,859 | -€11,837 | -29.8% |
| Taxes, remuneration and social security | 45 | €36,216 | €34,716 | -€1,500 | -4.1% |
| Taxes | 450/3 | €26,712 | €25,412 | -€1,300 | -4.9% |
| Remuneration and social security | 454/9 | €9,504 | €9,304 | -€200 | -2.1% |
| Other amounts payable | 47/48 | €113,869 | €202,437 | +€88,568 | +77.8% |
| Turnover | 70 | €238,589 | €4,400 | -€234,189 | -98.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €142,741 | €3,844 | -€138,896 | -97.3% |
| Remuneration, social security and pensions | 62 | €104,750 | - | -€104,750 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,526 | €8,526 | = | 0.0% |
| Other operating charges | 640/8 | €847 | €2,058 | +€1,211 | +142.9% |
| Gross operating margin | 9900 | €95,848 | €556 | -€95,293 | -99.4% |
| Operating profit (loss) | 9901 | -€18,275 | -€10,029 | +€8,246 | +45.1% |
| Financial charges | 65/66B | €6,072 | €4,331 | -€1,741 | -28.7% |
| Recurring financial charges | 65 | €6,072 | €4,331 | -€1,741 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€24,347 | -€14,360 | +€9,987 | +41.0% |
| Income taxes | 67/77 | €912 | €3,045 | +€2,133 | +233.8% |
| Profit (loss) for the period | 9904 | -€25,260 | -€17,405 | +€7,855 | +31.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,260 | -€17,405 | +€7,855 | +31.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.