LUDO FOQUÉ: 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.
LUDO FOQUÉ
Largest movements
- Receivables within one year -€7,204
down €7,204 (-22.6%), from €31,822 to €24,618
of which Trade receivables: -€7,426
- Trade debts -€9,643
down €9,643 (-88.4%), from €10,912 to €1,270
- Gross operating margin -€2,204
down €2,204 (-2.2%), from €100,359 to €98,155
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 | €403,664 | €397,888 | -€5,776 | -1.4% |
| Fixed assets | 21/28 | €369,000 | €369,000 | = | 0.0% |
| Financial fixed assets | 28 | €369,000 | €369,000 | = | 0.0% |
| Current assets | 29/58 | €34,664 | €28,888 | -€5,776 | -16.7% |
| Amounts receivable within one year | 40/41 | €31,822 | €24,618 | -€7,204 | -22.6% |
| Trade receivables | 40 | €31,822 | €24,396 | -€7,426 | -23.3% |
| Other amounts receivable | 41 | - | €222 | +€222 | |
| Cash at bank and in hand | 54/58 | €1,207 | €2,446 | +€1,239 | +103% |
| Deferred charges and accrued income | 490/1 | €1,635 | €1,824 | +€189 | +11.6% |
| Total equity and liabilities | 10/49 | €403,664 | €397,888 | -€5,776 | -1.4% |
| Equity | 10/15 | €137,529 | €137,459 | -€70 | -0.1% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €115,128 | €115,128 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Distributable reserves | 133 | €113,273 | €113,273 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,851 | €3,781 | -€70 | -1.8% |
| Amounts payable | 17/49 | €266,135 | €260,429 | -€5,706 | -2.1% |
| Amounts payable within one year | 42/48 | €266,135 | €260,429 | -€5,706 | -2.1% |
| Trade debts | 44 | €10,912 | €1,270 | -€9,643 | -88.4% |
| Suppliers | 440/4 | €10,912 | €1,270 | -€9,643 | -88.4% |
| Taxes, remuneration and social security | 45 | €8,353 | €9,033 | +€680 | +8.1% |
| Taxes | 450/3 | €8,353 | €9,033 | +€680 | +8.1% |
| Other amounts payable | 47/48 | €246,870 | €250,127 | +€3,257 | +1.3% |
| Other operating charges | 640/8 | €1,492 | €1,309 | -€183 | -12.3% |
| Gross operating margin | 9900 | €100,359 | €98,155 | -€2,204 | -2.2% |
| Operating profit (loss) | 9901 | €98,867 | €96,846 | -€2,021 | -2.0% |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €98,837 | €96,816 | -€2,021 | -2.0% |
| Income taxes | 67/77 | €27,710 | €26,886 | -€824 | -3.0% |
| Profit (loss) for the period | 9904 | €71,127 | €69,930 | -€1,197 | -1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €71,127 | €69,930 | -€1,197 | -1.7% |
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 27 October 2026 via checked.be.