Nicolas Loozen: 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.
Nicolas Loozen
Largest movements
- Tangible fixed assets +€28,091
new in 2025: €28,091
of which Furniture and vehicles: +€27,498
- Cash -€10,040
down €10,040 (-3.4%), from €299,380 to €289,340
mainly Contributions, distributions and other (-€132,367) and Investment in fixed assets (net) (-€29,866)
- Receivables within one year +€8,594
up €8,594 (+64.3%), from €13,364 to €21,958
of which Other amounts receivable: +€5,186
- Other debts +€21,445
up €21,445 (+19.1%), from €112,052 to €133,497
- Tax, wage and social debts +€4,661
up €4,661 (+23.8%), from €19,590 to €24,250
- Gross operating margin +€35,742
up €35,742 (+25.9%), from €137,971 to €173,712
- Taxes +€8,178
up €8,178 (+27.6%), from €29,636 to €37,814
- Depreciation +€1,775
new in 2025: €1,775
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 | €353,041 | €379,392 | +€26,350 | +7.5% |
| Fixed assets | 21/28 | - | €28,091 | +€28,091 | |
| Tangible fixed assets | 22/27 | - | €28,091 | +€28,091 | |
| Plant, machinery and equipment | 23 | - | €593 | +€593 | |
| Furniture and vehicles | 24 | - | €27,498 | +€27,498 | |
| Current assets | 29/58 | €353,041 | €351,301 | -€1,741 | -0.5% |
| Amounts receivable within one year | 40/41 | €13,364 | €21,958 | +€8,594 | +64.3% |
| Trade receivables | 40 | - | €3,408 | +€3,408 | |
| Other amounts receivable | 41 | €13,364 | €18,550 | +€5,186 | +38.8% |
| Current investments | 50/53 | €39,668 | €39,668 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €299,380 | €289,340 | -€10,040 | -3.4% |
| Deferred charges and accrued income | 490/1 | €630 | €334 | -€295 | -46.9% |
| Total equity and liabilities | 10/49 | €353,041 | €379,392 | +€26,350 | +7.5% |
| Equity | 10/15 | €220,211 | €220,211 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €210,211 | €210,211 | = | 0.0% |
| Distributable reserves | 133 | €210,211 | €210,211 | = | 0.0% |
| Amounts payable | 17/49 | €132,831 | €159,181 | +€26,350 | +19.8% |
| Amounts payable within one year | 42/48 | €132,831 | €159,181 | +€26,350 | +19.8% |
| Trade debts | 44 | €1,189 | €1,434 | +€245 | +20.6% |
| Suppliers | 440/4 | €1,189 | €1,434 | +€245 | +20.6% |
| Taxes, remuneration and social security | 45 | €19,590 | €24,250 | +€4,661 | +23.8% |
| Taxes | 450/3 | €19,590 | €24,250 | +€4,661 | +23.8% |
| Other amounts payable | 47/48 | €112,052 | €133,497 | +€21,445 | +19.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,775 | +€1,775 | |
| Other operating charges | 640/8 | €387 | €578 | +€191 | +49.3% |
| Gross operating margin | 9900 | €137,971 | €173,712 | +€35,742 | +25.9% |
| Operating profit (loss) | 9901 | €137,583 | €171,359 | +€33,775 | +24.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,199 | €1,178 | -€21 | -1.8% |
| Recurring financial charges | 65 | €1,199 | €1,178 | -€21 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €136,384 | €170,181 | +€33,797 | +24.8% |
| Income taxes | 67/77 | €29,636 | €37,814 | +€8,178 | +27.6% |
| Profit (loss) for the period | 9904 | €106,748 | €132,367 | +€25,619 | +24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €106,748 | €132,367 | +€25,619 | +24.0% |
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 20 October 2026 via checked.be.