Pierre Lootens: 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.
Pierre Lootens
Largest movements
- Receivables within one year +€32,423
up €32,423 (+4,646%), from €698 to €33,121
of which Trade receivables: +€32,623
- Cash -€30,375
down €30,375 (-68.1%), from €44,610 to €14,235
mainly Receivables within one year (-€32,423) and Net result for the year (-€9,778)
- Trade debts +€12,281
up €12,281 (+7,375%), from €167 to €12,448
- Profit (loss) carried forward -€9,778
new in 2025: -€9,778
- Short-term financial debts -€836
down €836 (-100%), from €836 to €0
- Gross operating margin -€50,198
down €50,198, from €43,638 to -€6,560
- Taxes -€8,438
down €8,438 (-98.2%), from €8,595 to €156
- Financial income +€994
up €994 (+6,628%), from €15 to €1,009
- Financial charges -€589
down €589 (-20.7%), from €2,846 to €2,257
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 | €47,053 | €48,840 | +€1,787 | +3.8% |
| Fixed assets | 21/28 | €1,159 | €937 | -€222 | -19.2% |
| Tangible fixed assets | 22/27 | €1,159 | €937 | -€222 | -19.2% |
| Furniture and vehicles | 24 | €1,159 | €937 | -€222 | -19.2% |
| Current assets | 29/58 | €45,894 | €47,903 | +€2,010 | +4.4% |
| Amounts receivable within one year | 40/41 | €698 | €33,121 | +€32,423 | +4,646% |
| Trade receivables | 40 | - | €32,623 | +€32,623 | |
| Other amounts receivable | 41 | €698 | €498 | -€200 | -28.6% |
| Cash at bank and in hand | 54/58 | €44,610 | €14,235 | -€30,375 | -68.1% |
| Deferred charges and accrued income | 490/1 | €586 | €547 | -€39 | -6.7% |
| Total equity and liabilities | 10/49 | €47,053 | €48,840 | +€1,787 | +3.8% |
| Equity | 10/15 | €31,725 | €21,947 | -€9,778 | -30.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €31,625 | €31,625 | = | 0.0% |
| Distributable reserves | 133 | €31,625 | €31,625 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,778 | -€9,778 | |
| Amounts payable | 17/49 | €15,327 | €26,893 | +€11,566 | +75.5% |
| Amounts payable within one year | 42/48 | €15,241 | €26,869 | +€11,628 | +76.3% |
| Financial debts | 43 | €836 | €0 | -€836 | -100% |
| Credit institutions | 430/8 | €836 | €0 | -€836 | -100% |
| Trade debts | 44 | €167 | €12,448 | +€12,281 | +7,375% |
| Suppliers | 440/4 | €167 | €12,448 | +€12,281 | +7,375% |
| Taxes, remuneration and social security | 45 | €12,733 | €12,895 | +€162 | +1.3% |
| Taxes | 450/3 | €9,199 | €9,330 | +€131 | +1.4% |
| Remuneration and social security | 454/9 | €3,534 | €3,565 | +€31 | +0.9% |
| Other amounts payable | 47/48 | €1,506 | €1,526 | +€20 | +1.3% |
| Accrued charges and deferred income | 492/3 | €86 | €24 | -€62 | -71.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88 | €263 | +€175 | +200% |
| Other operating charges | 640/8 | €500 | €393 | -€107 | -21.4% |
| Non-recurring operating charges | 66A | - | €1,159 | +€1,159 | |
| Gross operating margin | 9900 | €43,638 | -€6,560 | -€50,198 | |
| Operating profit (loss) | 9901 | €43,051 | -€8,374 | -€51,425 | |
| Financial income | 75/76B | €15 | €1,009 | +€994 | +6,628% |
| Recurring financial income | 75 | €15 | €1,009 | +€994 | +6,628% |
| Financial charges | 65/66B | €2,846 | €2,257 | -€589 | -20.7% |
| Recurring financial charges | 65 | €2,846 | €2,257 | -€589 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €40,220 | -€9,622 | -€49,842 | |
| Income taxes | 67/77 | €8,595 | €156 | -€8,438 | -98.2% |
| Profit (loss) for the period | 9904 | €31,625 | -€9,778 | -€41,404 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,625 | -€9,778 | -€41,404 |
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 26 October 2026 via checked.be.