LOUVIMAC: 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.
LOUVIMAC
Largest movements
- Tangible fixed assets -€552
down €552 (-28.7%), from €1,920 to €1,368
- Cash +€347
up €347 (+104%), from €332 to €679
mainly Tax, wage and social debts (+€4,664) and Other debts (+€2,988)
- Stocks and contracts -€222
down €222 (-2.4%), from €9,268 to €9,046
- Profit (loss) carried forward -€6,582
down €6,582 (-26.3%), from -€25,063 to -€31,644
- Tax, wage and social debts +€4,664
up €4,664 (+45.7%), from €10,214 to €14,879
of which Remuneration and social security: +€4,304
- Other debts +€2,988
up €2,988 (+23.7%), from €12,604 to €15,592
- Short-term financial debts -€1,138
down €1,138 (-26.2%), from €4,344 to €3,206
- Trade debts -€265
down €265 (-8.3%), from €3,172 to €2,907
- Staff costs +€4,525
up €4,525 (+15.8%), from €28,586 to €33,111
- Gross operating margin +€1,823
up €1,823 (+6.4%), from €28,672 to €30,496
- Financial charges +€678
up €678 (+38.5%), from €1,759 to €2,437
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 | €12,001 | €11,669 | -€333 | -2.8% |
| Fixed assets | 21/28 | €1,970 | €1,418 | -€552 | -28.0% |
| Tangible fixed assets | 22/27 | €1,920 | €1,368 | -€552 | -28.7% |
| Plant, machinery and equipment | 23 | €1,920 | €1,368 | -€552 | -28.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €10,031 | €10,250 | +€219 | +2.2% |
| Stocks and contracts in progress | 3 | €9,268 | €9,046 | -€222 | -2.4% |
| Stocks | 30/36 | €9,268 | €9,046 | -€222 | -2.4% |
| Cash at bank and in hand | 54/58 | €332 | €679 | +€347 | +104% |
| Deferred charges and accrued income | 490/1 | €431 | €525 | +€94 | +21.9% |
| Total equity and liabilities | 10/49 | €12,001 | €11,669 | -€333 | -2.8% |
| Equity | 10/15 | -€18,334 | -€24,915 | -€6,582 | -35.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €529 | €529 | = | 0.0% |
| Distributable reserves | 133 | €529 | €529 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,063 | -€31,644 | -€6,582 | -26.3% |
| Amounts payable | 17/49 | €30,335 | €36,584 | +€6,249 | +20.6% |
| Amounts payable within one year | 42/48 | €30,335 | €36,584 | +€6,249 | +20.6% |
| Financial debts | 43 | €4,344 | €3,206 | -€1,138 | -26.2% |
| Credit institutions | 430/8 | €4,344 | €3,206 | -€1,138 | -26.2% |
| Trade debts | 44 | €3,172 | €2,907 | -€265 | -8.3% |
| Suppliers | 440/4 | €3,172 | €2,907 | -€265 | -8.3% |
| Taxes, remuneration and social security | 45 | €10,214 | €14,879 | +€4,664 | +45.7% |
| Taxes | 450/3 | €3,793 | €4,153 | +€360 | +9.5% |
| Remuneration and social security | 454/9 | €6,422 | €10,726 | +€4,304 | +67.0% |
| Other amounts payable | 47/48 | €12,604 | €15,592 | +€2,988 | +23.7% |
| Remuneration, social security and pensions | 62 | €28,586 | €33,111 | +€4,525 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €552 | +€138 | +33.2% |
| Other operating charges | 640/8 | €617 | €801 | +€184 | +29.9% |
| Gross operating margin | 9900 | €28,672 | €30,496 | +€1,823 | +6.4% |
| Operating profit (loss) | 9901 | -€944 | -€3,968 | -€3,024 | -320% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,759 | €2,437 | +€678 | +38.5% |
| Recurring financial charges | 65 | €1,759 | €2,437 | +€678 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,702 | -€6,405 | -€3,704 | -137% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€2,876 | -€6,582 | -€3,705 | -129% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,876 | -€6,582 | -€3,705 | -129% |
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 14 October 2026 via checked.be.