LOUVI: 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.
LOUVI
Largest movements
- Receivables within one year +€8,822
up €8,822 (+117.5%), from €7,507 to €16,329
of which Trade receivables: +€8,827
- Cash +€6,084
up €6,084 (+16.7%), from €36,413 to €42,497
mainly Net result for the year (+€10,016) and Other debts (+€7,249)
- Other debts +€7,249
up €7,249 (+1098.3%), from €660 to €7,909
- Tax, wage and social debts +€4,679
up €4,679 (+166.9%), from €2,804 to €7,482
- Reserves +€3,339
up €3,339 (+21.0%), from €15,936 to €19,275
of which Distributable reserves: +€3,339
- Gross operating margin +€9,035
up €9,035 (+116.9%), from €7,727 to €16,762
- Taxes +€3,313
up €3,313 (+190.6%), from €1,738 to €5,051
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 | €45,106 | €60,132 | +€15,026 | +33.3% |
| Fixed assets | 21/28 | €334 | €122 | -€212 | -63.5% |
| Tangible fixed assets | 22/27 | €334 | €122 | -€212 | -63.5% |
| Furniture and vehicles | 24 | €334 | €122 | -€212 | -63.5% |
| Current assets | 29/58 | €44,772 | €60,010 | +€15,238 | +34.0% |
| Amounts receivable within one year | 40/41 | €7,507 | €16,329 | +€8,822 | +117.5% |
| Trade receivables | 40 | €7,502 | €16,329 | +€8,827 | +117.7% |
| Other amounts receivable | 41 | €5 | - | -€5 | |
| Cash at bank and in hand | 54/58 | €36,413 | €42,497 | +€6,084 | +16.7% |
| Deferred charges and accrued income | 490/1 | €851 | €1,184 | +€332 | +39.0% |
| Total equity and liabilities | 10/49 | €45,106 | €60,132 | +€15,026 | +33.3% |
| Equity | 10/15 | €40,668 | €44,007 | +€3,339 | +8.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €15,936 | €19,275 | +€3,339 | +21.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €14,076 | €17,415 | +€3,339 | +23.7% |
| Profit (loss) carried forward | 14 | €18,532 | €18,532 | = | 0.0% |
| Amounts payable | 17/49 | €4,438 | €16,125 | +€11,687 | +263.3% |
| Amounts payable within one year | 42/48 | €4,438 | €16,125 | +€11,687 | +263.3% |
| Trade debts | 44 | €975 | €734 | -€241 | -24.7% |
| Suppliers | 440/4 | €975 | €734 | -€241 | -24.7% |
| Taxes, remuneration and social security | 45 | €2,804 | €7,482 | +€4,679 | +166.9% |
| Taxes | 450/3 | €2,804 | €7,482 | +€4,679 | +166.9% |
| Other amounts payable | 47/48 | €660 | €7,909 | +€7,249 | +1098.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €212 | €212 | = | 0.0% |
| Other operating charges | 640/8 | €770 | €925 | +€156 | +20.2% |
| Gross operating margin | 9900 | €7,727 | €16,762 | +€9,035 | +116.9% |
| Operating profit (loss) | 9901 | €6,745 | €15,625 | +€8,879 | +131.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €629 | €559 | -€70 | -11.2% |
| Recurring financial charges | 65 | €629 | €559 | -€70 | -11.2% |
| Profit (loss) for the period before taxes | 9903 | €6,116 | €15,067 | +€8,951 | +146.4% |
| Income taxes | 67/77 | €1,738 | €5,051 | +€3,313 | +190.6% |
| Profit (loss) for the period | 9904 | €4,378 | €10,016 | +€5,638 | +128.8% |
| Profit (loss) for the period to be appropriated | 9905 | €4,378 | €10,016 | +€5,638 | +128.8% |
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 7 October 2026 via checked.be.