LYS LOUVAIN DEVELOPMENT: 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.
LYS LOUVAIN DEVELOPMENT
Largest movements
- Financial fixed assets +€237,278
up €237,278 (+4,126%), from €5,750 to €243,028
- Receivables within one year +€99,111
up €99,111 (+319%), from €31,109 to €130,221
of which Other amounts receivable: +€102,456
- Cash +€33,378
up €33,378 (+145%), from €23,058 to €56,435
mainly Other debts (+€393,273) and Depreciation (+€52,289)
- Other debts +€393,273
up €393,273 (+78.2%), from €502,721 to €895,994
- Profit (loss) carried forward -€41,937
down €41,937 (-34.6%), from -€121,230 to -€163,167
- Depreciation +€20,927
up €20,927 (+66.7%), from €31,363 to €52,289
- Gross operating margin -€19,191
down €19,191 (-56.5%), from €33,960 to €14,769
- Other operating charges -€16,682
down €16,682 (-79.7%), from €20,942 to €4,259
- Write-downs +€8,475
no longer reported in 2025 (was -€8,475)
- Financial income -€1,591
down €1,591 (-98.2%), from €1,621 to €30
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 | €435,923 | €791,110 | +€355,187 | +81.5% |
| Fixed assets | 21/28 | €375,104 | €598,927 | +€223,823 | +59.7% |
| Intangible fixed assets | 21 | €5,704 | - | -€5,704 | |
| Tangible fixed assets | 22/27 | €363,649 | €355,898 | -€7,751 | -2.1% |
| Furniture and vehicles | 24 | €363,649 | €355,898 | -€7,751 | -2.1% |
| Financial fixed assets | 28 | €5,750 | €243,028 | +€237,278 | +4,126% |
| Current assets | 29/58 | €60,819 | €192,183 | +€131,364 | +216% |
| Amounts receivable within one year | 40/41 | €31,109 | €130,221 | +€99,111 | +319% |
| Trade receivables | 40 | €9,045 | €5,701 | -€3,344 | -37.0% |
| Other amounts receivable | 41 | €22,064 | €124,520 | +€102,456 | +464% |
| Cash at bank and in hand | 54/58 | €23,058 | €56,435 | +€33,378 | +145% |
| Deferred charges and accrued income | 490/1 | €6,652 | €5,527 | -€1,125 | -16.9% |
| Total equity and liabilities | 10/49 | €435,923 | €791,110 | +€355,187 | +81.5% |
| Equity | 10/15 | -€71,230 | -€113,167 | -€41,937 | -58.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€121,230 | -€163,167 | -€41,937 | -34.6% |
| Amounts payable | 17/49 | €507,153 | €904,277 | +€397,125 | +78.3% |
| Amounts payable within one year | 42/48 | €507,153 | €904,277 | +€397,125 | +78.3% |
| Trade debts | 44 | €4,175 | €4,658 | +€482 | +11.6% |
| Suppliers | 440/4 | €4,175 | €4,658 | +€482 | +11.6% |
| Advances received on contracts in progress | 46 | - | €3,500 | +€3,500 | |
| Taxes, remuneration and social security | 45 | €256 | €125 | -€131 | -51.0% |
| Taxes | 450/3 | €256 | €125 | -€131 | -51.0% |
| Other amounts payable | 47/48 | €502,721 | €895,994 | +€393,273 | +78.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,363 | €52,289 | +€20,927 | +66.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€8,475 | - | +€8,475 | |
| Other operating charges | 640/8 | €20,942 | €4,259 | -€16,682 | -79.7% |
| Gross operating margin | 9900 | €33,960 | €14,769 | -€19,191 | -56.5% |
| Operating profit (loss) | 9901 | -€9,870 | -€41,780 | -€31,910 | -323% |
| Financial income | 75/76B | €1,621 | €30 | -€1,591 | -98.2% |
| Recurring financial income | 75 | €1,621 | €30 | -€1,591 | -98.2% |
| Financial charges | 65/66B | €285 | €187 | -€97 | -34.2% |
| Recurring financial charges | 65 | €285 | €187 | -€97 | -34.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,534 | -€41,937 | -€33,404 | -391% |
| Income taxes | 67/77 | €131 | - | -€131 | |
| Profit (loss) for the period | 9904 | -€8,664 | -€41,937 | -€33,273 | -384% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,664 | -€41,937 | -€33,273 | -384% |
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 19 October 2026 via checked.be.