LOYALPAY: 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
LOYALPAY
NACE 62.200, Computer consultancy and computer facilities management
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€80
2024 · €5,401-€5,321
Equity
€76,412
2024 · €76,332+€80
Cash
€310,097
2024 · €151,684+€158,413
Balance sheet total
€7.6m
2024 · €7.0m+€615,256
Largest movements
Assets
- Tangible fixed assets +€817,909
up €817,909 (+1215.5%), from €67,289 to €885,199
of which Assets under construction and advance payments: +€825,335
- Intangible fixed assets -€405,371
down €405,371 (-11.1%), from €3.7m to €3.3m
- Cash +€158,413
up €158,413 (+104.4%), from €151,684 to €310,097
mainly Trade debts (+€510,603) and Depreciation (+€454,296)
Equity and liabilities
- Trade debts +€510,603
up €510,603 (+35.2%), from €1.5m to €2.0m
- Other debts +€215,390
up €215,390 (+4.1%), from €5.3m to €5.5m
Income statement
- Turnover -€2.7m
no longer reported in 2025 (was €2.7m)
- Services and other goods -€1.7m
no longer reported in 2025 (was €1.7m)
- Other operating income -€987,329
no longer reported in 2025 (was €987,329)
- Gross operating margin +€927,270
new in 2025: €927,270
- Goods and materials -€754,681
no longer reported in 2025 (was €754,681)
of which Purchases: -€836,606
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.
Result 2024
€5,401
Turnover
-€2.7m
Other operating income
-€987,329
Goods and materials
+€754,681
Services and other goods
+€1.7m
Staff costs
+€229,080
Depreciation
-€84,411
Write-downs
+€110,051
Other operating charges
-€725
Other operating items
+€927,270
Financial income
+€54,363
Financial charges
-€35,320
Taxes
-€3,886
Result 2025
€80
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.
From operations
+€1.0m
Investment
-€866,835
Financing
€0
Cash 2024
€151,684
From operations (derived)
+€1.0m
Net result for the year
+€80
Depreciation
+€454,296
Stocks and contracts
-€12,275
Receivables within one year
-€29,211
Deferred charges and accrued income
-€2,817
Trade debts
+€510,603
Tax, wage and social debts
-€70,309
Other debts
+€215,390
Accrued charges and deferred income
-€40,509
Investment (derived)
-€866,835
Investment in fixed assets (net)
-€866,835
Cash 2025
€310,097
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,951,027 | €7,566,282 | +€615,256 | +8.9% |
| Fixed assets | 21/28 | €3,733,368 | €4,145,906 | +€412,539 | +11.1% |
| Intangible fixed assets | 21 | €3,666,078 | €3,260,708 | -€405,371 | -11.1% |
| Tangible fixed assets | 22/27 | €67,289 | €885,199 | +€817,909 | +1215.5% |
| Land and buildings | 22 | €1,835 | €1,165 | -€670 | -36.5% |
| Furniture and vehicles | 24 | €15,454 | €8,698 | -€6,756 | -43.7% |
| Assets under construction and advance payments | 27 | €50,000 | €875,335 | +€825,335 | +1650.7% |
| Current assets | 29/58 | €3,217,659 | €3,420,376 | +€202,717 | +6.3% |
| Stocks and contracts in progress | 3 | €314,747 | €327,022 | +€12,275 | +3.9% |
| Stocks | 30/36 | €314,747 | €327,022 | +€12,275 | +3.9% |
| Goods purchased for resale | 34 | €314,747 | - | -€314,747 | |
| Amounts receivable within one year | 40/41 | €2,711,478 | €2,740,690 | +€29,211 | +1.1% |
| Trade receivables | 40 | €1,693,650 | €949,816 | -€743,834 | -43.9% |
| Other amounts receivable | 41 | €1,017,828 | €1,790,874 | +€773,046 | +76.0% |
| Cash at bank and in hand | 54/58 | €151,684 | €310,097 | +€158,413 | +104.4% |
| Deferred charges and accrued income | 490/1 | €39,750 | €42,567 | +€2,817 | +7.1% |
| Total equity and liabilities | 10/49 | €6,951,027 | €7,566,282 | +€615,256 | +8.9% |
| Equity | 10/15 | €76,332 | €76,412 | +€80 | +0.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €889 | €893 | +€4 | +0.5% |
| Non-distributable reserves | 130/1 | €889 | €893 | +€4 | +0.5% |
| Legal reserve | 130 | €889 | €893 | +€4 | +0.5% |
| Profit (loss) carried forward | 14 | €13,944 | €14,020 | +€76 | +0.5% |
| Amounts payable | 17/49 | €6,874,694 | €7,489,870 | +€615,176 | +8.9% |
| Amounts payable within one year | 42/48 | €6,821,651 | €7,477,335 | +€655,684 | +9.6% |
| Trade debts | 44 | €1,451,570 | €1,962,173 | +€510,603 | +35.2% |
| Suppliers | 440/4 | €1,451,570 | €1,962,173 | +€510,603 | +35.2% |
| Taxes, remuneration and social security | 45 | €118,651 | €48,342 | -€70,309 | -59.3% |
| Taxes | 450/3 | €81,358 | €17,281 | -€64,077 | -78.8% |
| Remuneration and social security | 454/9 | €37,293 | €31,061 | -€6,232 | -16.7% |
| Other amounts payable | 47/48 | €5,251,430 | €5,466,821 | +€215,390 | +4.1% |
| Accrued charges and deferred income | 492/3 | €53,043 | €12,534 | -€40,509 | -76.4% |
| Operating income | 70/76A | €3,637,584 | - | -€3.6m | |
| Turnover | 70 | €2,650,255 | - | -€2.7m | |
| Other operating income | 74 | €987,329 | - | -€987,329 | |
| Operating charges | 60/66A | €3,433,497 | - | -€3.4m | |
| Goods for resale, raw materials and consumables | 60 | €754,681 | - | -€754,681 | |
| Purchases | 600/8 | €836,606 | - | -€836,606 | |
| Change in stocks: decrease (increase) | 609 | -€81,924 | - | +€81,924 | |
| Services and other goods | 61 | €1,681,159 | - | -€1.7m | |
| Remuneration, social security and pensions | 62 | €533,851 | €304,772 | -€229,080 | -42.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €369,886 | €454,296 | +€84,411 | +22.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €92,952 | -€17,099 | -€110,051 | |
| Other operating charges | 640/8 | €968 | €1,692 | +€725 | +74.9% |
| Gross operating margin | 9900 | - | €927,270 | +€927,270 | |
| Operating profit (loss) | 9901 | €204,087 | €183,609 | -€20,478 | -10.0% |
| Financial income | 75/76B | €4,202 | €58,565 | +€54,363 | +1293.9% |
| Recurring financial income | 75 | €4,202 | €58,565 | +€54,363 | +1293.9% |
| Income from current assets | 751 | €4,019 | - | -€4,019 | |
| Other financial income | 752/9 | €182 | - | -€182 | |
| Financial charges | 65/66B | €201,778 | €237,098 | +€35,320 | +17.5% |
| Recurring financial charges | 65 | €201,778 | €237,098 | +€35,320 | +17.5% |
| Debt charges | 650 | €194,052 | - | -€194,052 | |
| Other financial charges | 652/9 | €7,726 | - | -€7,726 | |
| Profit (loss) for the period before taxes | 9903 | €6,511 | €5,076 | -€1,435 | -22.0% |
| Income taxes | 67/77 | €1,109 | €4,996 | +€3,886 | +350.3% |
| Taxes | 670/3 | €1,109 | - | -€1,109 | |
| Profit (loss) for the period | 9904 | €5,401 | €80 | -€5,321 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €5,401 | €80 | -€5,321 | -98.5% |
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 11 October 2026 via checked.be.