LOUVEATALY: 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.
LOUVEATALY
Largest movements
- Cash -€21,859
down €21,859 (-87.0%), from €25,118 to €3,258
mainly Advances received (-€42,000) and Trade debts (-€9,141)
- Receivables within one year -€21,545
down €21,545 (-29.3%), from €73,557 to €52,012
of which Trade receivables: -€21,545
- Tangible fixed assets -€3,874
down €3,874 (-23.8%), from €16,260 to €12,386
- Advances received -€42,000
no longer reported in 2025 (was €42,000)
- Trade debts -€9,141
down €9,141 (-21.7%), from €42,177 to €33,036
- Profit (loss) carried forward +€7,894
up €7,894 (+46.5%), from -€16,962 to -€9,068
- Tax, wage and social debts -€2,300
down €2,300 (-34.9%), from €6,585 to €4,285
of which Taxes: -€2,317
- Gross operating margin -€39,161
down €39,161 (-67.4%), from €58,085 to €18,924
- Depreciation -€4,048
down €4,048 (-51.1%), from €7,921 to €3,874
- Other operating charges +€1,151
up €1,151 (+28.4%), from €4,047 to €5,198
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 | €134,934 | €88,634 | -€46,300 | -34.3% |
| Fixed assets | 21/28 | €23,010 | €19,136 | -€3,874 | -16.8% |
| Tangible fixed assets | 22/27 | €16,260 | €12,386 | -€3,874 | -23.8% |
| Plant, machinery and equipment | 23 | €16,260 | €12,386 | -€3,874 | -23.8% |
| Financial fixed assets | 28 | €6,750 | €6,750 | = | 0.0% |
| Current assets | 29/58 | €111,924 | €69,498 | -€42,426 | -37.9% |
| Stocks and contracts in progress | 3 | €13,250 | €14,228 | +€978 | +7.4% |
| Stocks | 30/36 | €13,250 | €14,228 | +€978 | +7.4% |
| Amounts receivable within one year | 40/41 | €73,557 | €52,012 | -€21,545 | -29.3% |
| Trade receivables | 40 | €73,497 | €51,952 | -€21,545 | -29.3% |
| Other amounts receivable | 41 | €60 | €60 | = | 0.0% |
| Current investments | 50/53 | - | €0 | +€0 | |
| Cash at bank and in hand | 54/58 | €25,118 | €3,258 | -€21,859 | -87.0% |
| Total equity and liabilities | 10/49 | €134,934 | €88,634 | -€46,300 | -34.3% |
| Equity | 10/15 | -€6,962 | €932 | +€7,894 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,962 | -€9,068 | +€7,894 | +46.5% |
| Amounts payable | 17/49 | €141,896 | €87,702 | -€54,194 | -38.2% |
| Amounts payable within one year | 42/48 | €141,896 | €87,702 | -€54,194 | -38.2% |
| Trade debts | 44 | €42,177 | €33,036 | -€9,141 | -21.7% |
| Suppliers | 440/4 | €42,177 | €33,036 | -€9,141 | -21.7% |
| Advances received on contracts in progress | 46 | €42,000 | - | -€42,000 | |
| Taxes, remuneration and social security | 45 | €6,585 | €4,285 | -€2,300 | -34.9% |
| Taxes | 450/3 | €4,585 | €2,268 | -€2,317 | -50.5% |
| Remuneration and social security | 454/9 | €2,000 | €2,017 | +€17 | +0.9% |
| Other amounts payable | 47/48 | €51,133 | €50,381 | -€753 | -1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,921 | €3,874 | -€4,048 | -51.1% |
| Other operating charges | 640/8 | €4,047 | €5,198 | +€1,151 | +28.4% |
| Gross operating margin | 9900 | €58,085 | €18,924 | -€39,161 | -67.4% |
| Operating profit (loss) | 9901 | €46,117 | €9,852 | -€36,265 | -78.6% |
| Financial income | 75/76B | €0 | €0 | +€0 | +20.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +20.0% |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €2,109 | €1,958 | -€151 | -7.1% |
| Recurring financial charges | 65 | €2,109 | €1,958 | -€151 | -7.1% |
| Profit (loss) for the period before taxes | 9903 | €44,008 | €7,894 | -€36,114 | -82.1% |
| Profit (loss) for the period | 9904 | €44,008 | €7,894 | -€36,114 | -82.1% |
| Profit (loss) for the period to be appropriated | 9905 | €44,008 | €7,894 | -€36,114 | -82.1% |
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 28 October 2026 via checked.be.