LOXHET ANDRE: 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.
LOXHET ANDRE
Largest movements
- Cash +€26,510
up €26,510 (+51.9%), from €51,076 to €77,586
mainly Trade debts (+€28,497) and Net result for the year (+€8,070)
- Deferred charges and accrued income -€7,561
down €7,561 (-41.2%), from €18,340 to €10,779
- Tangible fixed assets -€4,647
down €4,647 (-35.4%), from €13,128 to €8,481
of which Furniture and vehicles: -€3,009
- Trade debts +€28,497
up €28,497 (+199.1%), from €14,314 to €42,812
- Tax, wage and social debts -€12,448
down €12,448 (-81.2%), from €15,328 to €2,880
of which Remuneration and social security: -€10,504
- Profit (loss) carried forward +€8,070
up €8,070 (+14.3%), from €56,624 to €64,693
- Other debts -€6,451
down €6,451 (-17.9%), from €35,981 to €29,530
- Accrued charges and deferred income -€2,636
no longer reported in 2025 (was €2,636)
- Gross operating margin +€38,169
up €38,169 (+14.8%), from €257,587 to €295,755
- Staff costs +€36,335
up €36,335 (+15.3%), from €236,854 to €273,189
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.
Cash bridge derived
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 | €155,832 | €168,485 | +€12,652 | +8.1% |
| Fixed assets | 21/28 | €13,253 | €8,606 | -€4,647 | -35.1% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €13,128 | €8,481 | -€4,647 | -35.4% |
| Plant, machinery and equipment | 23 | €9,686 | €8,048 | -€1,638 | -16.9% |
| Furniture and vehicles | 24 | €3,442 | €433 | -€3,009 | -87.4% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €125 | €125 | = | 0.0% |
| Current assets | 29/58 | €142,580 | €159,878 | +€17,299 | +12.1% |
| Amounts receivable within one year | 40/41 | €73,163 | €71,514 | -€1,650 | -2.3% |
| Trade receivables | 40 | €65,001 | €63,420 | -€1,581 | -2.4% |
| Other amounts receivable | 41 | €8,162 | €8,094 | -€68 | -0.8% |
| Cash at bank and in hand | 54/58 | €51,076 | €77,586 | +€26,510 | +51.9% |
| Deferred charges and accrued income | 490/1 | €18,340 | €10,779 | -€7,561 | -41.2% |
| Total equity and liabilities | 10/49 | €155,832 | €168,485 | +€12,652 | +8.1% |
| Equity | 10/15 | €79,584 | €87,653 | +€8,070 | +10.1% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €2,500 | €2,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €56,624 | €64,693 | +€8,070 | +14.3% |
| Amounts payable | 17/49 | €76,249 | €80,831 | +€4,583 | +6.0% |
| Amounts payable after more than one year | 17 | €5,610 | €3,101 | -€2,509 | -44.7% |
| Financial debts | 170/4 | €5,610 | €3,101 | -€2,509 | -44.7% |
| Amounts payable within one year | 42/48 | €68,003 | €77,731 | +€9,728 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €2,380 | €2,509 | +€129 | +5.4% |
| Trade debts | 44 | €14,314 | €42,812 | +€28,497 | +199.1% |
| Suppliers | 440/4 | €14,314 | €42,812 | +€28,497 | +199.1% |
| Taxes, remuneration and social security | 45 | €15,328 | €2,880 | -€12,448 | -81.2% |
| Taxes | 450/3 | €3,494 | €1,550 | -€1,944 | -55.6% |
| Remuneration and social security | 454/9 | €11,834 | €1,330 | -€10,504 | -88.8% |
| Other amounts payable | 47/48 | €35,981 | €29,530 | -€6,451 | -17.9% |
| Accrued charges and deferred income | 492/3 | €2,636 | - | -€2,636 | |
| Remuneration, social security and pensions | 62 | €236,854 | €273,189 | +€36,335 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,093 | €4,647 | -€1,446 | -23.7% |
| Other operating charges | 640/8 | €1,646 | €704 | -€942 | -57.2% |
| Gross operating margin | 9900 | €257,587 | €295,755 | +€38,169 | +14.8% |
| Operating profit (loss) | 9901 | €12,994 | €17,216 | +€4,222 | +32.5% |
| Financial income | 75/76B | €50 | €8 | -€42 | -83.8% |
| Recurring financial income | 75 | €0 | €8 | +€8 | +1945.0% |
| Non-recurring financial income | 76B | €50 | - | -€50 | |
| Financial charges | 65/66B | €4,816 | €5,102 | +€285 | +5.9% |
| Recurring financial charges | 65 | €4,816 | €5,102 | +€285 | +5.9% |
| Profit (loss) for the period before taxes | 9903 | €8,228 | €12,122 | +€3,894 | +47.3% |
| Income taxes | 67/77 | €2,531 | €4,053 | +€1,521 | +60.1% |
| Profit (loss) for the period | 9904 | €5,696 | €8,070 | +€2,373 | +41.7% |
| Profit (loss) for the period to be appropriated | 9905 | €5,696 | €8,070 | +€2,373 | +41.7% |
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 9 October 2026 via checked.be.