Louyet Ath: 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.
What changed
Louyet Ath
NACE 47.811, Retail sale of cars and light vans (up to 3.5 tonnes)
financial year 2024 compared with 2023filed annual accounts (NBB)
Net result for the year
€337,623
2023 · €24,922+€312,700
Equity
€1.4m
2023 · €1.1m+€337,623
Cash
€39,439
2023 · €34,491+€4,948
Balance sheet total
€9.5m
2023 · €10.0m-€475,639
Largest movements
Assets
- Stocks and contracts -€497,039
down €497,039 (-9.7%), from €5.1m to €4.6m
of which Stocks: -€476,430
- Receivables within one year +€214,294
up €214,294 (+7.6%), from €2.8m to €3.0m
of which Trade receivables: +€815,300
- Tangible fixed assets -€174,161
down €174,161 (-13.2%), from €1.3m to €1.1m
of which Land and buildings: -€143,867
Equity and liabilities
- Trade debts -€811,736
down €811,736 (-13.8%), from €5.9m to €5.1m
- Reserves +€337,623
up €337,623 (+33.8%), from €999,514 to €1.3m
of which Distributable reserves: +€343,116
- Tax, wage and social debts +€240,006
up €240,006 (+81.2%), from €295,586 to €535,592
of which Taxes: +€207,624
- Debts after one year -€180,946
down €180,946 (-85.6%), from €211,502 to €30,556
Income statement
- Goods and materials +€3.1m
up €3.1m (+15.1%), from €20.2m to €23.2m
of which Change in stocks: decrease (increase): +€2.6m
- Turnover +€2.7m
up €2.7m (+12.6%), from €21.3m to €23.9m
- Other operating income +€867,333
up €867,333 (+42.3%), from €2.0m to €2.9m
From the 2023 result to the 2024 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.
Result 2023
€24,922
Turnover
+€2.7m
Other operating income
+€867,333
Goods and materials
-€3.1m
Services and other goods
+€120,821
Staff costs
-€137,445
Depreciation
-€11,678
Write-downs
-€20,538
Other operating charges
+€2,785
Other operating items
+€2,415
Financial income
-€836
Financial charges
-€33,965
Taxes
-€105,297
Result 2024
€337,623
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€260,912
Investment
-€23,054
Financing
-€232,910
Cash 2023
€34,491
From operations (derived)
+€260,912
Net result for the year
+€337,623
Depreciation
+€197,215
Stocks and contracts
+€497,039
Receivables within one year
-€214,294
Deferred charges and accrued income
+€23,680
Provisions
-€2,707
Trade debts
-€811,736
Tax, wage and social debts
+€240,006
Advances received
+€3,645
Accrued charges and deferred income
-€9,560
Investment (derived)
-€23,054
Investment in fixed assets (net)
-€23,054
Financing
-€232,910
Debts after one year
-€180,946
Current portion of long-term debt
-€29,387
Short-term financial debts
-€22,576
Cash 2024
€39,439
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,968,019 | €9,492,380 | -€475,639 | -4.8% |
| Fixed assets | 21/28 | €1,946,611 | €1,772,450 | -€174,161 | -8.9% |
| Tangible fixed assets | 22/27 | €1,321,597 | €1,147,436 | -€174,161 | -13.2% |
| Land and buildings | 22 | €1,169,298 | €1,025,431 | -€143,867 | -12.3% |
| Plant, machinery and equipment | 23 | €32,409 | €55,042 | +€22,633 | +69.8% |
| Furniture and vehicles | 24 | €119,890 | €66,963 | -€52,928 | -44.1% |
| Financial fixed assets | 28 | €625,014 | €625,014 | = | 0.0% |
| Affiliated companies | 280/1 | €625,014 | €625,014 | = | 0.0% |
| Participating interests | 280 | €625,014 | €625,014 | = | 0.0% |
| Current assets | 29/58 | €8,021,409 | €7,719,931 | -€301,478 | -3.8% |
| Stocks and contracts in progress | 3 | €5,117,289 | €4,620,250 | -€497,039 | -9.7% |
| Stocks | 30/36 | €5,036,319 | €4,559,889 | -€476,430 | -9.5% |
| Goods purchased for resale | 34 | €5,036,319 | €4,559,889 | -€476,430 | -9.5% |
| Contracts in progress | 37 | €80,970 | €60,361 | -€20,609 | -25.5% |
| Amounts receivable within one year | 40/41 | €2,809,731 | €3,024,024 | +€214,294 | +7.6% |
| Trade receivables | 40 | €1,842,518 | €2,657,818 | +€815,300 | +44.2% |
| Other amounts receivable | 41 | €967,212 | €366,206 | -€601,006 | -62.1% |
| Cash at bank and in hand | 54/58 | €34,491 | €39,439 | +€4,948 | +14.3% |
| Deferred charges and accrued income | 490/1 | €59,898 | €36,217 | -€23,680 | -39.5% |
| Total equity and liabilities | 10/49 | €9,968,019 | €9,492,380 | -€475,639 | -4.8% |
| Equity | 10/15 | €1,061,514 | €1,399,136 | +€337,623 | +31.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €999,514 | €1,337,136 | +€337,623 | +33.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,200 | +€3 | 0.0% |
| Legal reserve | 130 | €6,197 | €6,200 | +€3 | 0.0% |
| Tax-exempt reserves | 132 | €40,734 | €35,238 | -€5,496 | -13.5% |
| Distributable reserves | 133 | €952,582 | €1,295,698 | +€343,116 | +36.0% |
| Provisions and deferred taxes | 16 | €10,828 | €8,121 | -€2,707 | -25.0% |
| Deferred taxes | 168 | €10,828 | €8,121 | -€2,707 | -25.0% |
| Amounts payable | 17/49 | €8,895,678 | €8,085,123 | -€810,555 | -9.1% |
| Amounts payable after more than one year | 17 | €211,502 | €30,556 | -€180,946 | -85.6% |
| Financial debts | 170/4 | €211,502 | €30,556 | -€180,946 | -85.6% |
| Credit institutions | 173 | €211,502 | €30,556 | -€180,946 | -85.6% |
| Amounts payable within one year | 42/48 | €8,674,616 | €8,054,567 | -€620,048 | -7.1% |
| Current portion of amounts payable after more than one year | 42 | €210,333 | €180,946 | -€29,387 | -14.0% |
| Financial debts | 43 | €1,938,519 | €1,915,942 | -€22,576 | -1.2% |
| Credit institutions | 430/8 | €1,938,519 | €1,915,942 | -€22,576 | -1.2% |
| Trade debts | 44 | €5,881,557 | €5,069,822 | -€811,736 | -13.8% |
| Suppliers | 440/4 | €5,881,557 | €5,069,822 | -€811,736 | -13.8% |
| Advances received on contracts in progress | 46 | €347,799 | €351,444 | +€3,645 | +1.0% |
| Taxes, remuneration and social security | 45 | €295,586 | €535,592 | +€240,006 | +81.2% |
| Taxes | 450/3 | €130,838 | €338,461 | +€207,624 | +159% |
| Remuneration and social security | 454/9 | €164,748 | €197,130 | +€32,382 | +19.7% |
| Other amounts payable | 47/48 | €821 | €821 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €9,560 | - | -€9,560 | |
| Operating income | 70/76A | €23,313,771 | €26,862,957 | +€3.5m | +15.2% |
| Turnover | 70 | €21,264,650 | €23,946,503 | +€2.7m | +12.6% |
| Other operating income | 74 | €2,049,121 | €2,916,454 | +€867,333 | +42.3% |
| Operating charges | 60/66A | €23,121,860 | €26,218,247 | +€3.1m | +13.4% |
| Goods for resale, raw materials and consumables | 60 | €20,160,387 | €23,213,133 | +€3.1m | +15.1% |
| Purchases | 600/8 | €22,235,228 | €22,715,989 | +€480,762 | +2.2% |
| Change in stocks: decrease (increase) | 609 | -€2,074,841 | €497,144 | +€2.6m | |
| Services and other goods | 61 | €1,339,774 | €1,218,953 | -€120,821 | -9.0% |
| Remuneration, social security and pensions | 62 | €1,383,547 | €1,520,993 | +€137,445 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €185,538 | €197,215 | +€11,678 | +6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€21,589 | -€1,051 | +€20,538 | +95.1% |
| Other operating charges | 640/8 | €71,788 | €69,003 | -€2,785 | -3.9% |
| Non-recurring operating charges | 66A | €2,415 | - | -€2,415 | |
| Operating profit (loss) | 9901 | €191,911 | €644,710 | +€452,798 | +236% |
| Financial income | 75/76B | €3,138 | €2,302 | -€836 | -26.6% |
| Recurring financial income | 75 | €3,138 | €2,302 | -€836 | -26.6% |
| Income from current assets | 751 | €3,138 | €2,302 | -€836 | -26.6% |
| Financial charges | 65/66B | €135,295 | €169,260 | +€33,965 | +25.1% |
| Recurring financial charges | 65 | €135,295 | €169,260 | +€33,965 | +25.1% |
| Debt charges | 650 | €114,251 | €153,579 | +€39,328 | +34.4% |
| Other financial charges | 652/9 | €21,044 | €15,681 | -€5,363 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €59,755 | €477,752 | +€417,997 | +700% |
| Transfer from deferred taxes | 780 | €2,707 | €2,707 | = | 0.0% |
| Income taxes | 67/77 | €37,539 | €142,836 | +€105,297 | +280% |
| Taxes | 670/3 | €37,539 | €142,836 | +€105,297 | +280% |
| Profit (loss) for the period | 9904 | €24,922 | €337,623 | +€312,700 | +1,255% |
| Transfer from tax-exempt reserves | 789 | €5,496 | €5,496 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €30,418 | €343,119 | +€312,700 | +1,028% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.