Résidence Louise: 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.
Résidence Louise
Largest movements
- Receivables within one year -€1.7m
down €1.7m (-99.6%), from €1.7m to €6,694
of which Other amounts receivable: -€1.6m
- Tangible fixed assets -€191,672
down €191,672 (-8.8%), from €2.2m to €2.0m
of which Land and buildings: -€182,762
- Cash -€41,162
down €41,162 (-76.9%), from €53,506 to €12,344
mainly Debts after one year (-€1.4m) and Other debts (-€242,383)
- Debts after one year -€1.4m
down €1.4m (-47.0%), from €3.1m to €1.6m
of which Financial debts: -€1.4m
- Other debts -€242,383
down €242,383 (-95.6%), from €253,603 to €11,220
- Short-term financial debts -€173,329
no longer reported in 2025 (was €173,329)
- Profit (loss) carried forward -€71,485
down €71,485 (-11.0%), from -€650,296 to -€721,781
- Financial income -€183,155
down €183,155 (-82.0%), from €223,263 to €40,108
of which Financial income: -€173,928
- Gross operating margin -€109,013
down €109,013 (-28.1%), from €387,941 to €278,928
- Financial charges -€21,568
down €21,568 (-12.0%), from €179,109 to €157,541
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 | €3,963,681 | €1,997,745 | -€2.0m | -49.6% |
| Fixed assets | 21/28 | €2,170,380 | €1,978,708 | -€191,672 | -8.8% |
| Tangible fixed assets | 22/27 | €2,170,380 | €1,978,708 | -€191,672 | -8.8% |
| Land and buildings | 22 | €2,134,921 | €1,952,159 | -€182,762 | -8.6% |
| Other tangible fixed assets | 26 | €35,459 | €26,548 | -€8,910 | -25.1% |
| Current assets | 29/58 | €1,793,301 | €19,037 | -€1.8m | -98.9% |
| Amounts receivable within one year | 40/41 | €1,738,056 | €6,694 | -€1.7m | -99.6% |
| Trade receivables | 40 | €98,071 | €6,694 | -€91,377 | -93.2% |
| Other amounts receivable | 41 | €1,639,985 | - | -€1.6m | |
| Cash at bank and in hand | 54/58 | €53,506 | €12,344 | -€41,162 | -76.9% |
| Deferred charges and accrued income | 490/1 | €1,740 | - | -€1,740 | |
| Total equity and liabilities | 10/49 | €3,963,681 | €1,997,745 | -€2.0m | -49.6% |
| Equity | 10/15 | €412,704 | €309,644 | -€103,060 | -25.0% |
| Contributions | 10/11 | €142,539 | €142,539 | = | 0.0% |
| Capital | 10 | €142,539 | €142,539 | = | 0.0% |
| Issued capital | 100 | €142,539 | €142,539 | = | 0.0% |
| Revaluation surpluses | 12 | €828,950 | €797,375 | -€31,575 | -3.8% |
| Reserves | 13 | €91,512 | €91,512 | = | 0.0% |
| Non-distributable reserves | 130/1 | €17,144 | €17,144 | = | 0.0% |
| Reserves not available under the articles | 1311 | €17,144 | €17,144 | = | 0.0% |
| Distributable reserves | 133 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€650,296 | -€721,781 | -€71,485 | -11.0% |
| Amounts payable | 17/49 | €3,550,976 | €1,688,101 | -€1.9m | -52.5% |
| Amounts payable after more than one year | 17 | €3,055,447 | €1,619,021 | -€1.4m | -47.0% |
| Financial debts | 170/4 | €3,053,347 | €1,619,021 | -€1.4m | -47.0% |
| Other amounts payable | 178/9 | €2,100 | - | -€2,100 | |
| Amounts payable within one year | 42/48 | €456,927 | €22,236 | -€434,691 | -95.1% |
| Financial debts | 43 | €173,329 | - | -€173,329 | |
| Credit institutions | 430/8 | €173,329 | - | -€173,329 | |
| Trade debts | 44 | €29,995 | €10,408 | -€19,587 | -65.3% |
| Suppliers | 440/4 | €29,995 | €10,408 | -€19,587 | -65.3% |
| Taxes, remuneration and social security | 45 | - | €608 | +€608 | |
| Taxes | 450/3 | - | €608 | +€608 | |
| Other amounts payable | 47/48 | €253,603 | €11,220 | -€242,383 | -95.6% |
| Accrued charges and deferred income | 492/3 | €38,602 | €46,843 | +€8,241 | +21.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €215,634 | €218,221 | +€2,586 | +1.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €704 | +€704 | |
| Other operating charges | 640/8 | €43,583 | €45,630 | +€2,047 | +4.7% |
| Gross operating margin | 9900 | €387,941 | €278,928 | -€109,013 | -28.1% |
| Operating profit (loss) | 9901 | €128,724 | €14,374 | -€114,350 | -88.8% |
| Financial income | 75/76B | €223,263 | €40,108 | -€183,155 | -82.0% |
| Recurring financial income | 75 | €214,035 | €40,108 | -€173,928 | -81.3% |
| Non-recurring financial income | 76B | €9,227 | - | -€9,227 | |
| Financial charges | 65/66B | €179,109 | €157,541 | -€21,568 | -12.0% |
| Recurring financial charges | 65 | €179,109 | €157,541 | -€21,568 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €172,877 | -€103,060 | -€275,937 | |
| Profit (loss) for the period | 9904 | €172,877 | -€103,060 | -€275,937 | |
| Transfer from tax-exempt reserves | 789 | €31,575 | €31,575 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €204,452 | -€71,485 | -€275,937 |
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 31 October 2026 via checked.be.