LOY: what changed
Two fiscal 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.
LOY
Largest movements
- Tangible fixed assets -€48,686
down €48,686 (-4.4%), from €1.1m to €1.1m
- Debts after one year -€144,438
down €144,438 (-11.1%), from €1.3m to €1.2m
- Profit (loss) carried forward +€76,153
up €76,153 (+29.5%), from -€257,824 to -€181,670
- Financial income +€3,204
new in 2025: €3,204
of which Financial income: +€3,204
- Gross operating margin +€3,183
up €3,183 (+1.7%), from €186,885 to €190,068
- Financial charges -€2,200
down €2,200 (-9.0%), from €24,488 to €22,289
- Taxes +€2,119
up €2,119 (+8.1%), from €26,148 to €28,267
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 | €2,233,685 | €2,186,156 | -€47,529 | -2.1% |
| Fixed assets | 21/28 | €2,201,723 | €2,153,037 | -€48,686 | -2.2% |
| Tangible fixed assets | 22/27 | €1,101,723 | €1,053,037 | -€48,686 | -4.4% |
| Land and buildings | 22 | €1,101,723 | €1,053,037 | -€48,686 | -4.4% |
| Financial fixed assets | 28 | €1,100,000 | €1,100,000 | = | 0.0% |
| Current assets | 29/58 | €31,962 | €33,119 | +€1,157 | +3.6% |
| Amounts receivable within one year | 40/41 | €21,367 | €21,367 | = | 0.0% |
| Other amounts receivable | 41 | €21,367 | €21,367 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,595 | €11,752 | +€1,157 | +10.9% |
| Total equity and liabilities | 10/49 | €2,233,685 | €2,186,156 | -€47,529 | -2.1% |
| Equity | 10/15 | €602,890 | €679,044 | +€76,153 | +12.6% |
| Contributions | 10/11 | €826,000 | €826,000 | = | 0.0% |
| Capital | 10 | €826,000 | €826,000 | = | 0.0% |
| Issued capital | 100 | €826,000 | €826,000 | = | 0.0% |
| Reserves | 13 | €34,714 | €34,714 | = | 0.0% |
| Non-distributable reserves | 130/1 | €34,714 | €34,714 | = | 0.0% |
| Legal reserve | 130 | €34,714 | €34,714 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€257,824 | -€181,670 | +€76,153 | +29.5% |
| Amounts payable | 17/49 | €1,630,794 | €1,507,112 | -€123,682 | -7.6% |
| Amounts payable after more than one year | 17 | €1,300,017 | €1,155,579 | -€144,438 | -11.1% |
| Financial debts | 170/4 | €1,300,017 | €1,155,579 | -€144,438 | -11.1% |
| Amounts payable within one year | 42/48 | €330,777 | €351,533 | +€20,756 | +6.3% |
| Current portion of amounts payable after more than one year | 42 | €142,107 | €144,438 | +€2,331 | +1.6% |
| Taxes, remuneration and social security | 45 | €45,590 | €54,015 | +€8,425 | +18.5% |
| Taxes | 450/3 | €45,590 | €54,015 | +€8,425 | +18.5% |
| Other amounts payable | 47/48 | €143,080 | €153,080 | +€10,000 | +7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,620 | €57,465 | -€156 | -0.3% |
| Other operating charges | 640/8 | €8,821 | €9,098 | +€277 | +3.1% |
| Gross operating margin | 9900 | €186,885 | €190,068 | +€3,183 | +1.7% |
| Operating profit (loss) | 9901 | €120,444 | €123,505 | +€3,062 | +2.5% |
| Financial income | 75/76B | - | €3,204 | +€3,204 | |
| Recurring financial income | 75 | - | €3,204 | +€3,204 | |
| Non-recurring financial income | 76B | - | €3,204 | +€3,204 | |
| Financial charges | 65/66B | €24,488 | €22,289 | -€2,200 | -9.0% |
| Recurring financial charges | 65 | €24,488 | €22,289 | -€2,200 | -9.0% |
| Profit (loss) for the period before taxes | 9903 | €95,955 | €104,421 | +€8,465 | +8.8% |
| Income taxes | 67/77 | €26,148 | €28,267 | +€2,119 | +8.1% |
| Profit (loss) for the period | 9904 | €69,808 | €76,153 | +€6,346 | +9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €69,808 | €76,153 | +€6,346 | +9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.