LOUYS SECURITE: 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.
LOUYS SECURITE
Largest movements
- Cash +€10,216
up €10,216 (+29.1%), from €35,138 to €45,354
mainly Depreciation (+€6,853) and Receivables within one year (+€5,780)
- Receivables within one year -€5,780
down €5,780 (-11.5%), from €50,175 to €44,395
of which Trade receivables: -€5,222
- Tangible fixed assets +€4,307
up €4,307 (+18.8%), from €22,944 to €27,251
of which Furniture and vehicles: +€4,330
- Intangible fixed assets -€1,300
down €1,300 (-77.2%), from €1,685 to €385
- Other debts +€4,286
new in 2025: €4,286
- Trade debts +€4,122
up €4,122 (+81.6%), from €5,051 to €9,173
of which Suppliers: +€4,599
- Gross operating margin -€42,598
down €42,598 (-76.4%), from €55,747 to €13,149
- Taxes -€8,829
down €8,829 (-98.0%), from €9,012 to €182
- Other operating charges -€3,104
down €3,104 (-53.1%), from €5,848 to €2,745
- Write-downs -€2,624
no longer reported in 2025 (was €2,624)
- Depreciation +€1,364
up €1,364 (+24.8%), from €5,489 to €6,853
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 | €114,020 | €121,716 | +€7,696 | +6.7% |
| Fixed assets | 21/28 | €24,629 | €27,636 | +€3,007 | +12.2% |
| Intangible fixed assets | 21 | €1,685 | €385 | -€1,300 | -77.2% |
| Tangible fixed assets | 22/27 | €22,944 | €27,251 | +€4,307 | +18.8% |
| Land and buildings | 22 | €6,470 | €6,470 | -€0 | 0.0% |
| Plant, machinery and equipment | 23 | - | €0 | = | |
| Furniture and vehicles | 24 | €3,681 | €8,012 | +€4,330 | +118% |
| Other tangible fixed assets | 26 | €12,793 | €12,769 | -€23 | -0.2% |
| Current assets | 29/58 | €89,391 | €94,080 | +€4,689 | +5.2% |
| Stocks and contracts in progress | 3 | €2,624 | €2,353 | -€271 | -10.3% |
| Stocks | 30/36 | €2,624 | €2,353 | -€271 | -10.3% |
| Amounts receivable within one year | 40/41 | €50,175 | €44,395 | -€5,780 | -11.5% |
| Trade receivables | 40 | €21,311 | €16,089 | -€5,222 | -24.5% |
| Other amounts receivable | 41 | €28,864 | €28,306 | -€558 | -1.9% |
| Cash at bank and in hand | 54/58 | €35,138 | €45,354 | +€10,216 | +29.1% |
| Deferred charges and accrued income | 490/1 | €1,454 | €1,977 | +€523 | +36.0% |
| Total equity and liabilities | 10/49 | €114,020 | €121,716 | +€7,696 | +6.7% |
| Equity | 10/15 | €106,748 | €105,867 | -€881 | -0.8% |
| Contributions | 10/11 | €11,000 | €11,000 | = | 0.0% |
| Reserves | 13 | €93,000 | €93,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,000 | €3,000 | = | 0.0% |
| Distributable reserves | 133 | €90,000 | €90,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,748 | €1,867 | -€881 | -32.1% |
| Amounts payable | 17/49 | €7,271 | €15,848 | +€8,577 | +118% |
| Amounts payable within one year | 42/48 | €7,192 | €15,781 | +€8,589 | +119% |
| Trade debts | 44 | €5,051 | €9,173 | +€4,122 | +81.6% |
| Suppliers | 440/4 | €4,574 | €9,173 | +€4,599 | +101% |
| Bills of exchange payable | 441 | €476 | - | -€476 | |
| Taxes, remuneration and social security | 45 | €2,142 | €2,322 | +€180 | +8.4% |
| Taxes | 450/3 | €2,142 | €2,322 | +€180 | +8.4% |
| Other amounts payable | 47/48 | - | €4,286 | +€4,286 | |
| Accrued charges and deferred income | 492/3 | €79 | €67 | -€12 | -14.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,489 | €6,853 | +€1,364 | +24.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,624 | - | -€2,624 | |
| Other operating charges | 640/8 | €5,848 | €2,745 | -€3,104 | -53.1% |
| Gross operating margin | 9900 | €55,747 | €13,149 | -€42,598 | -76.4% |
| Operating profit (loss) | 9901 | €41,786 | €3,552 | -€38,234 | -91.5% |
| Financial income | 75/76B | €7 | €63 | +€55 | +755% |
| Recurring financial income | 75 | €7 | €63 | +€55 | +755% |
| Financial charges | 65/66B | €4,583 | €4,313 | -€270 | -5.9% |
| Recurring financial charges | 65 | €4,583 | €4,313 | -€270 | -5.9% |
| Profit (loss) for the period before taxes | 9903 | €37,210 | -€699 | -€37,908 | |
| Income taxes | 67/77 | €9,012 | €182 | -€8,829 | -98.0% |
| Profit (loss) for the period | 9904 | €28,198 | -€881 | -€29,079 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,198 | -€881 | -€29,079 |
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 31 October 2026 via checked.be.