LOUVIC VENTURES: what changed
LOUVIC VENTURES
Largest movements
- Cash +€44,442
up €44,442 (+647%), from €6,872 to €51,314
mainly Contributions, distributions and other (+€50,000) and Debts after one year (+€17,206)
- Intangible fixed assets +€10,960
new in 2025: €10,960
- Tangible fixed assets -€1,942
no longer reported in 2025 (was €1,942)
- Contributions +€50,000
up €50,000 (+1,250%), from €4,000 to €54,000
- Debts after one year +€17,206
new in 2025: €17,206
- Profit (loss) carried forward -€11,953
down €11,953, from €6,868 to -€5,084
- Tax, wage and social debts -€1,881
down €1,881 (-75.7%), from €2,483 to €602
- Gross operating margin -€13,844
down €13,844, from €2,498 to -€11,346
- Depreciation -€1,020
no longer reported in 2025 (was €1,020)
- Taxes -€427
down €427 (-88.3%), from €483 to €56
- Financial charges +€374
up €374 (+498%), from €75 to €449
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,201 | €68,322 | +€53,120 | +349% |
| Fixed assets | 21/28 | €1,942 | €10,960 | +€9,018 | +464% |
| Intangible fixed assets | 21 | - | €10,960 | +€10,960 | |
| Tangible fixed assets | 22/27 | €1,942 | - | -€1,942 | |
| Furniture and vehicles | 24 | €1,942 | - | -€1,942 | |
| Current assets | 29/58 | €13,259 | €57,361 | +€44,102 | +333% |
| Amounts receivable within one year | 40/41 | €5,675 | €5,305 | -€369 | -6.5% |
| Trade receivables | 40 | €432 | €4,362 | +€3,930 | +910% |
| Other amounts receivable | 41 | €5,243 | €943 | -€4,299 | -82.0% |
| Cash at bank and in hand | 54/58 | €6,872 | €51,314 | +€44,442 | +647% |
| Deferred charges and accrued income | 490/1 | €712 | €742 | +€30 | +4.2% |
| Total equity and liabilities | 10/49 | €15,201 | €68,322 | +€53,120 | +349% |
| Equity | 10/15 | €10,868 | €48,916 | +€38,047 | +350% |
| Contributions | 10/11 | €4,000 | €54,000 | +€50,000 | +1,250% |
| Contributions outside capital | 11 | €4,000 | €54,000 | +€50,000 | +1,250% |
| Other | 1109/19 | €4,000 | €54,000 | +€50,000 | +1,250% |
| Profit (loss) carried forward | 14 | €6,868 | -€5,084 | -€11,953 | |
| Amounts payable | 17/49 | €4,333 | €19,406 | +€15,073 | +348% |
| Amounts payable after more than one year | 17 | - | €17,206 | +€17,206 | |
| Other amounts payable | 178/9 | - | €17,206 | +€17,206 | |
| Amounts payable within one year | 42/48 | €4,333 | €2,200 | -€2,133 | -49.2% |
| Trade debts | 44 | €1,850 | €1,598 | -€252 | -13.6% |
| Suppliers | 440/4 | €1,850 | €1,598 | -€252 | -13.6% |
| Taxes, remuneration and social security | 45 | €2,483 | €602 | -€1,881 | -75.7% |
| Taxes | 450/3 | €2,483 | €602 | -€1,881 | -75.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,020 | - | -€1,020 | |
| Other operating charges | 640/8 | €159 | €101 | -€58 | -36.6% |
| Gross operating margin | 9900 | €2,498 | -€11,346 | -€13,844 | |
| Operating profit (loss) | 9901 | €1,319 | -€11,447 | -€12,766 | |
| Financial income | 75/76B | €79 | - | -€79 | |
| Recurring financial income | 75 | €79 | - | -€79 | |
| Financial charges | 65/66B | €75 | €449 | +€374 | +498% |
| Recurring financial charges | 65 | €75 | €449 | +€374 | +498% |
| Profit (loss) for the period before taxes | 9903 | €1,322 | -€11,896 | -€13,219 | |
| Income taxes | 67/77 | €483 | €56 | -€427 | -88.3% |
| Profit (loss) for the period | 9904 | €839 | -€11,953 | -€12,792 | |
| Profit (loss) for the period to be appropriated | 9905 | €839 | -€11,953 | -€12,792 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.