Loyens Projects: 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.
Loyens Projects
Largest movements
- Stocks and contracts -€207,000
down €207,000 (-100%), from €207,000 to €0
- Cash +€54,429
up €54,429 (+138%), from €39,441 to €93,870
mainly Stocks and contracts (+€207,000) and Trade debts (+€25,742)
- Receivables within one year -€19,870
down €19,870 (-56.3%), from €35,304 to €15,434
of which Other amounts receivable: -€21,021
- Tangible fixed assets -€7,513
down €7,513 (-23.7%), from €31,649 to €24,136
- Other debts -€209,891
down €209,891 (-95.9%), from €218,856 to €8,966
- Trade debts +€25,742
up €25,742, from €0 to €25,742
- Profit (loss) carried forward +€9,736
up €9,736 (+13.5%), from €72,152 to €81,888
- Accrued charges and deferred income -€6,000
down €6,000 (-33.3%), from €18,000 to €12,000
- Gross operating margin +€6,567
up €6,567 (+31.3%), from €20,964 to €27,532
- Depreciation +€3,135
up €3,135 (+71.6%), from €4,377 to €7,513
- Other operating charges +€2,440
up €2,440 (+704%), from €347 to €2,786
- Financial charges -€2,356
down €2,356 (-30.5%), from €7,733 to €5,376
- Taxes +€1,547
new in 2025: €1,547
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 | €313,394 | €133,440 | -€179,954 | -57.4% |
| Fixed assets | 21/28 | €31,649 | €24,136 | -€7,513 | -23.7% |
| Tangible fixed assets | 22/27 | €31,649 | €24,136 | -€7,513 | -23.7% |
| Plant, machinery and equipment | 23 | €31,649 | €24,136 | -€7,513 | -23.7% |
| Current assets | 29/58 | €281,745 | €109,304 | -€172,442 | -61.2% |
| Stocks and contracts in progress | 3 | €207,000 | €0 | -€207,000 | -100% |
| Contracts in progress | 37 | €207,000 | €0 | -€207,000 | -100% |
| Amounts receivable within one year | 40/41 | €35,304 | €15,434 | -€19,870 | -56.3% |
| Trade receivables | 40 | €694 | €1,845 | +€1,151 | +166% |
| Other amounts receivable | 41 | €34,610 | €13,588 | -€21,021 | -60.7% |
| Cash at bank and in hand | 54/58 | €39,441 | €93,870 | +€54,429 | +138% |
| Total equity and liabilities | 10/49 | €313,394 | €133,440 | -€179,954 | -57.4% |
| Equity | 10/15 | €74,652 | €84,388 | +€9,736 | +13.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €72,152 | €81,888 | +€9,736 | +13.5% |
| Amounts payable | 17/49 | €238,742 | €49,052 | -€189,690 | -79.5% |
| Amounts payable within one year | 42/48 | €220,742 | €37,052 | -€183,690 | -83.2% |
| Trade debts | 44 | €0 | €25,742 | +€25,742 | |
| Suppliers | 440/4 | €0 | €25,742 | +€25,742 | |
| Taxes, remuneration and social security | 45 | €1,886 | €2,345 | +€459 | +24.3% |
| Taxes | 450/3 | €1,886 | €2,345 | +€459 | +24.3% |
| Other amounts payable | 47/48 | €218,856 | €8,966 | -€209,891 | -95.9% |
| Accrued charges and deferred income | 492/3 | €18,000 | €12,000 | -€6,000 | -33.3% |
| Remuneration, social security and pensions | 62 | €0 | €574 | +€574 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,377 | €7,513 | +€3,135 | +71.6% |
| Other operating charges | 640/8 | €347 | €2,786 | +€2,440 | +704% |
| Gross operating margin | 9900 | €20,964 | €27,532 | +€6,567 | +31.3% |
| Operating profit (loss) | 9901 | €16,240 | €16,659 | +€418 | +2.6% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €7,733 | €5,376 | -€2,356 | -30.5% |
| Recurring financial charges | 65 | €7,733 | €5,376 | -€2,356 | -30.5% |
| Profit (loss) for the period before taxes | 9903 | €8,508 | €11,282 | +€2,775 | +32.6% |
| Income taxes | 67/77 | - | €1,547 | +€1,547 | |
| Profit (loss) for the period | 9904 | €8,508 | €9,736 | +€1,228 | +14.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,508 | €9,736 | +€1,228 | +14.4% |
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 17 October 2026 via checked.be.