LOUVY-CONSULT: 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.
LOUVY-CONSULT
Largest movements
- Receivables within one year -€32,728
down €32,728 (-50.8%), from €64,410 to €31,682
of which Other amounts receivable: -€32,728
- Tangible fixed assets -€31,338
down €31,338 (-12.1%), from €258,241 to €226,903
of which Leasing and similar rights: -€20,468
- Cash +€10,504
up €10,504 (+32.0%), from €32,839 to €43,343
mainly Depreciation (+€37,344) and Receivables within one year (+€32,728)
- Current investments +€8,000
up €8,000 (+286%), from €2,800 to €10,800
- Profit (loss) carried forward -€39,947
down €39,947 (-37.9%), from €105,498 to €65,551
- Debts after one year -€36,909
down €36,909 (-23.0%), from €160,258 to €123,348
- Other debts +€20,159
up €20,159 (+68.4%), from €29,468 to €49,627
- Reserves +€19,750
up €19,750 (+445%), from €4,437 to €24,187
- Contributions -€8,600
down €8,600 (-46.2%), from €18,600 to €10,000
- Gross operating margin -€42,787
down €42,787 (-37.2%), from €115,164 to €72,377
- Depreciation +€8,644
up €8,644 (+30.1%), from €28,700 to €37,344
- Other operating charges -€7,589
down €7,589 (-73.1%), from €10,375 to €2,786
- Taxes -€7,368
down €7,368 (-44.8%), from €16,458 to €9,090
- Financial income +€1,566
up €1,566 (+99.0%), from €1,582 to €3,148
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 | €358,430 | €312,869 | -€45,562 | -12.7% |
| Fixed assets | 21/28 | €258,381 | €227,043 | -€31,338 | -12.1% |
| Tangible fixed assets | 22/27 | €258,241 | €226,903 | -€31,338 | -12.1% |
| Land and buildings | 22 | €135,825 | €131,731 | -€4,094 | -3.0% |
| Plant, machinery and equipment | 23 | €3,743 | €2,508 | -€1,235 | -33.0% |
| Furniture and vehicles | 24 | €5,107 | €3,289 | -€1,818 | -35.6% |
| Leasing and similar rights | 25 | €94,020 | €73,551 | -€20,468 | -21.8% |
| Other tangible fixed assets | 26 | €19,546 | €15,823 | -€3,723 | -19.0% |
| Financial fixed assets | 28 | €140 | €140 | = | 0.0% |
| Current assets | 29/58 | €100,049 | €85,825 | -€14,224 | -14.2% |
| Amounts receivable within one year | 40/41 | €64,410 | €31,682 | -€32,728 | -50.8% |
| Trade receivables | 40 | €30,623 | €30,623 | = | 0.0% |
| Other amounts receivable | 41 | €33,788 | €1,060 | -€32,728 | -96.9% |
| Current investments | 50/53 | €2,800 | €10,800 | +€8,000 | +286% |
| Cash at bank and in hand | 54/58 | €32,839 | €43,343 | +€10,504 | +32.0% |
| Total equity and liabilities | 10/49 | €358,430 | €312,869 | -€45,562 | -12.7% |
| Equity | 10/15 | €128,535 | €99,738 | -€28,797 | -22.4% |
| Contributions | 10/11 | €18,600 | €10,000 | -€8,600 | -46.2% |
| Reserves | 13 | €4,437 | €24,187 | +€19,750 | +445% |
| Distributable reserves | 133 | €4,437 | €24,187 | +€19,750 | +445% |
| Profit (loss) carried forward | 14 | €105,498 | €65,551 | -€39,947 | -37.9% |
| Amounts payable | 17/49 | €229,895 | €213,131 | -€16,765 | -7.3% |
| Amounts payable after more than one year | 17 | €160,258 | €123,348 | -€36,909 | -23.0% |
| Financial debts | 170/4 | €160,258 | €123,348 | -€36,909 | -23.0% |
| Amounts payable within one year | 42/48 | €69,638 | €89,783 | +€20,145 | +28.9% |
| Current portion of amounts payable after more than one year | 42 | €35,680 | €35,034 | -€646 | -1.8% |
| Financial debts | 43 | - | €70 | +€70 | |
| Credit institutions | 430/8 | - | €70 | +€70 | |
| Trade debts | 44 | €3 | €525 | +€522 | +17,459% |
| Suppliers | 440/4 | €3 | €525 | +€522 | +17,459% |
| Taxes, remuneration and social security | 45 | €4,488 | €4,527 | +€40 | +0.9% |
| Taxes | 450/3 | €4,488 | €4,527 | +€40 | +0.9% |
| Other amounts payable | 47/48 | €29,468 | €49,627 | +€20,159 | +68.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,700 | €37,344 | +€8,644 | +30.1% |
| Other operating charges | 640/8 | €10,375 | €2,786 | -€7,589 | -73.1% |
| Non-recurring operating charges | 66A | €2,695 | - | -€2,695 | |
| Gross operating margin | 9900 | €115,164 | €72,377 | -€42,787 | -37.2% |
| Operating profit (loss) | 9901 | €73,394 | €32,247 | -€41,147 | -56.1% |
| Financial income | 75/76B | €1,582 | €3,148 | +€1,566 | +99.0% |
| Recurring financial income | 75 | €1,582 | €3,148 | +€1,566 | +99.0% |
| Financial charges | 65/66B | €6,426 | €6,502 | +€76 | +1.2% |
| Recurring financial charges | 65 | €6,426 | €6,502 | +€76 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €68,550 | €28,893 | -€39,656 | -57.9% |
| Income taxes | 67/77 | €16,458 | €9,090 | -€7,368 | -44.8% |
| Profit (loss) for the period | 9904 | €52,092 | €19,803 | -€32,289 | -62.0% |
| Profit (loss) for the period to be appropriated | 9905 | €52,092 | €19,803 | -€32,289 | -62.0% |
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 19 October 2026 via checked.be.