LOY ELEC: 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.
LOY ELEC
Largest movements
- Cash +€53,932
up €53,932 (+99.7%), from €54,104 to €108,036
mainly Net result for the year (+€42,258) and Tax, wage and social debts (+€12,412)
- Tangible fixed assets -€4,000
down €4,000 (-33.8%), from €11,823 to €7,823
of which Furniture and vehicles: -€3,667
- Profit (loss) carried forward +€42,258
up €42,258 (+114%), from €37,029 to €79,287
- Tax, wage and social debts +€12,412
up €12,412 (+131%), from €9,478 to €21,890
- Other debts -€10,916
down €10,916 (-67.9%), from €16,082 to €5,166
- Debts after one year +€4,184
new in 2025: €4,184
- Current portion of long-term debt +€3,701
new in 2025: €3,701
- Gross operating margin +€14,723
up €14,723 (+31.7%), from €46,490 to €61,213
- Depreciation +€3,823
up €3,823 (+2,160%), from €177 to €4,000
- Staff costs +€1,886
new in 2025: €1,886
- Other operating charges +€1,729
up €1,729 (+8,645%), from €20 to €1,749
- Taxes +€1,501
up €1,501 (+16.2%), from €9,257 to €10,758
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 | €67,139 | €116,739 | +€49,600 | +73.9% |
| Fixed assets | 21/28 | €11,823 | €7,823 | -€4,000 | -33.8% |
| Tangible fixed assets | 22/27 | €11,823 | €7,823 | -€4,000 | -33.8% |
| Plant, machinery and equipment | 23 | €985 | €652 | -€333 | -33.8% |
| Furniture and vehicles | 24 | €10,838 | €7,171 | -€3,667 | -33.8% |
| Current assets | 29/58 | €55,316 | €108,916 | +€53,600 | +96.9% |
| Amounts receivable within one year | 40/41 | €1,212 | €880 | -€332 | -27.4% |
| Trade receivables | 40 | €1,212 | €880 | -€332 | -27.4% |
| Cash at bank and in hand | 54/58 | €54,104 | €108,036 | +€53,932 | +99.7% |
| Total equity and liabilities | 10/49 | €67,139 | €116,739 | +€49,600 | +73.9% |
| Equity | 10/15 | €39,029 | €81,287 | +€42,258 | +108% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,029 | €79,287 | +€42,258 | +114% |
| Amounts payable | 17/49 | €28,110 | €35,452 | +€7,342 | +26.1% |
| Amounts payable after more than one year | 17 | - | €4,184 | +€4,184 | |
| Financial debts | 170/4 | - | €4,184 | +€4,184 | |
| Amounts payable within one year | 42/48 | €28,110 | €31,268 | +€3,158 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | - | €3,701 | +€3,701 | |
| Trade debts | 44 | €2,550 | €511 | -€2,039 | -80.0% |
| Suppliers | 440/4 | €2,550 | €511 | -€2,039 | -80.0% |
| Taxes, remuneration and social security | 45 | €9,478 | €21,890 | +€12,412 | +131% |
| Taxes | 450/3 | €9,478 | €21,890 | +€12,412 | +131% |
| Other amounts payable | 47/48 | €16,082 | €5,166 | -€10,916 | -67.9% |
| Remuneration, social security and pensions | 62 | - | €1,886 | +€1,886 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €177 | €4,000 | +€3,823 | +2,160% |
| Other operating charges | 640/8 | €20 | €1,749 | +€1,729 | +8,645% |
| Gross operating margin | 9900 | €46,490 | €61,213 | +€14,723 | +31.7% |
| Operating profit (loss) | 9901 | €46,293 | €53,578 | +€7,285 | +15.7% |
| Financial charges | 65/66B | €7 | €562 | +€555 | +7,929% |
| Recurring financial charges | 65 | €7 | €562 | +€555 | +7,929% |
| Profit (loss) for the period before taxes | 9903 | €46,286 | €53,016 | +€6,730 | +14.5% |
| Income taxes | 67/77 | €9,257 | €10,758 | +€1,501 | +16.2% |
| Profit (loss) for the period | 9904 | €37,029 | €42,258 | +€5,229 | +14.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,029 | €42,258 | +€5,229 | +14.1% |
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.