LOUVYST: 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.
LOUVYST
Largest movements
- Cash +€18,934
up €18,934 (+29.4%), from €64,427 to €83,362
mainly Net result for the year (+€14,084) and Receivables within one year (+€7,429)
- Receivables within one year -€7,429
down €7,429 (-27.6%), from €26,919 to €19,489
of which Trade receivables: -€7,925
- Tangible fixed assets +€3,491
up €3,491 (+41.6%), from €8,388 to €11,879
of which Furniture and vehicles: +€4,449
- Profit (loss) carried forward +€14,084
up €14,084 (+157%), from €8,986 to €23,070
- Trade debts +€6,367
up €6,367 (+510%), from €1,248 to €7,615
- Other debts -€5,745
down €5,745 (-45.4%), from €12,641 to €6,896
- Depreciation -€1,702
down €1,702 (-32.7%), from €5,201 to €3,499
- Gross operating margin +€534
up €534 (+2.1%), from €24,868 to €25,402
- Taxes -€495
down €495 (-8.3%), from €5,938 to €5,443
- Financial charges -€335
down €335 (-25.1%), from €1,335 to €1,000
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 | €104,086 | €119,767 | +€15,681 | +15.1% |
| Fixed assets | 21/28 | €8,388 | €11,879 | +€3,491 | +41.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €8,388 | €11,879 | +€3,491 | +41.6% |
| Plant, machinery and equipment | 23 | €6,942 | €5,984 | -€958 | -13.8% |
| Furniture and vehicles | 24 | €1,446 | €5,894 | +€4,449 | +308% |
| Current assets | 29/58 | €95,698 | €107,888 | +€12,190 | +12.7% |
| Amounts receivable within one year | 40/41 | €26,919 | €19,489 | -€7,429 | -27.6% |
| Trade receivables | 40 | €26,856 | €18,932 | -€7,925 | -29.5% |
| Other amounts receivable | 41 | €62 | €557 | +€495 | +797% |
| Cash at bank and in hand | 54/58 | €64,427 | €83,362 | +€18,934 | +29.4% |
| Deferred charges and accrued income | 490/1 | €4,352 | €5,038 | +€685 | +15.7% |
| Total equity and liabilities | 10/49 | €104,086 | €119,767 | +€15,681 | +15.1% |
| Equity | 10/15 | €79,944 | €94,027 | +€14,084 | +17.6% |
| Contributions | 10/11 | €1 | €1 | = | 0.0% |
| Reserves | 13 | €70,957 | €70,957 | = | 0.0% |
| Distributable reserves | 133 | €70,957 | €70,957 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,986 | €23,070 | +€14,084 | +157% |
| Amounts payable | 17/49 | €24,142 | €25,740 | +€1,598 | +6.6% |
| Amounts payable after more than one year | 17 | €10,000 | €10,000 | = | 0.0% |
| Other amounts payable | 178/9 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,129 | €15,723 | +€1,594 | +11.3% |
| Trade debts | 44 | €1,248 | €7,615 | +€6,367 | +510% |
| Suppliers | 440/4 | €1,248 | €7,615 | +€6,367 | +510% |
| Taxes, remuneration and social security | 45 | €241 | €1,212 | +€972 | +404% |
| Taxes | 450/3 | €241 | €212 | -€28 | -11.7% |
| Remuneration and social security | 454/9 | €0 | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €12,641 | €6,896 | -€5,745 | -45.4% |
| Accrued charges and deferred income | 492/3 | €13 | €17 | +€4 | +32.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,201 | €3,499 | -€1,702 | -32.7% |
| Other operating charges | 640/8 | €1,281 | €1,378 | +€97 | +7.6% |
| Gross operating margin | 9900 | €24,868 | €25,402 | +€534 | +2.1% |
| Operating profit (loss) | 9901 | €18,386 | €20,526 | +€2,140 | +11.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,335 | €1,000 | -€335 | -25.1% |
| Recurring financial charges | 65 | €1,335 | €1,000 | -€335 | -25.1% |
| Profit (loss) for the period before taxes | 9903 | €17,051 | €19,526 | +€2,475 | +14.5% |
| Income taxes | 67/77 | €5,938 | €5,443 | -€495 | -8.3% |
| Profit (loss) for the period | 9904 | €11,113 | €14,084 | +€2,970 | +26.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,113 | €14,084 | +€2,970 | +26.7% |
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 15 October 2026 via checked.be.