SRL Arnaud Louagé: what changed
What changed
SRL Arnaud Louagé
filed annual accounts (NBB)
Net result for the year
€57,089
2024 · €59,872-€2,783
Equity
€159,238
2024 · €102,149+€57,089
Cash
€148,266
2024 · €56,722+€91,544
Balance sheet total
€199,903
2024 · €171,121+€28,783
Largest movements
Assets
- Cash +€91,544
up €91,544 (+161%), from €56,722 to €148,266
mainly Net result for the year (+€57,089) and Current investments (+€55,000)
- Current investments -€55,000
no longer reported in 2025 (was €55,000)
- Tangible fixed assets -€9,537
down €9,537 (-32.7%), from €29,196 to €19,658
of which Furniture and vehicles: -€9,136
- Deferred charges and accrued income +€2,204
up €2,204 (+52.9%), from €4,168 to €6,371
Equity and liabilities
- Profit (loss) carried forward +€57,089
new in 2025: €57,089
- Tax, wage and social debts -€18,883
down €18,883 (-43.7%), from €43,239 to €24,356
of which Taxes: -€16,383
- Debts after one year -€10,749
no longer reported in 2025 (was €10,749)
Income statement
- Gross operating margin -€10,957
down €10,957 (-11.7%), from €93,589 to €82,632
- Taxes -€8,063
down €8,063 (-34.7%), from €23,202 to €15,139
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€59,872
Gross operating margin
-€10,957
Depreciation
-€513
Other operating charges
-€407
Financial income
+€618
Financial charges
+€412
Taxes
+€8,063
Result 2025
€57,089
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€48,479
Investment
+€54,379
Financing
-€11,315
Cash 2024
€56,722
From operations (derived)
+€48,479
Net result for the year
+€57,089
Depreciation
+€10,158
Receivables within one year
+€427
Deferred charges and accrued income
-€2,204
Trade debts
+€714
Tax, wage and social debts
-€18,883
Other debts
+€1,194
Accrued charges and deferred income
-€16
Investment (derived)
+€54,379
Investment in fixed assets (net)
-€621
Current investments
+€55,000
Financing
-€11,315
Debts after one year
-€10,749
Current portion of long-term debt
-€566
Cash 2025
€148,266
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €171,121 | €199,903 | +€28,783 | +16.8% |
| Fixed assets | 21/28 | €29,196 | €19,658 | -€9,537 | -32.7% |
| Tangible fixed assets | 22/27 | €29,196 | €19,658 | -€9,537 | -32.7% |
| Furniture and vehicles | 24 | €27,607 | €18,471 | -€9,136 | -33.1% |
| Other tangible fixed assets | 26 | €1,589 | €1,188 | -€401 | -25.2% |
| Current assets | 29/58 | €141,925 | €180,245 | +€38,320 | +27.0% |
| Amounts receivable within one year | 40/41 | €26,035 | €25,608 | -€427 | -1.6% |
| Trade receivables | 40 | €26,035 | €22,517 | -€3,518 | -13.5% |
| Other amounts receivable | 41 | - | €3,091 | +€3,091 | |
| Current investments | 50/53 | €55,000 | - | -€55,000 | |
| Cash at bank and in hand | 54/58 | €56,722 | €148,266 | +€91,544 | +161% |
| Deferred charges and accrued income | 490/1 | €4,168 | €6,371 | +€2,204 | +52.9% |
| Total equity and liabilities | 10/49 | €171,121 | €199,903 | +€28,783 | +16.8% |
| Equity | 10/15 | €102,149 | €159,238 | +€57,089 | +55.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €101,149 | €101,149 | = | 0.0% |
| Distributable reserves | 133 | €101,149 | €101,149 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €57,089 | +€57,089 | |
| Amounts payable | 17/49 | €68,971 | €40,665 | -€28,306 | -41.0% |
| Amounts payable after more than one year | 17 | €10,749 | - | -€10,749 | |
| Financial debts | 170/4 | €10,749 | - | -€10,749 | |
| Amounts payable within one year | 42/48 | €58,024 | €40,482 | -€17,541 | -30.2% |
| Current portion of amounts payable after more than one year | 42 | €11,315 | €10,749 | -€566 | -5.0% |
| Trade debts | 44 | €577 | €1,291 | +€714 | +124% |
| Suppliers | 440/4 | €577 | €1,291 | +€714 | +124% |
| Taxes, remuneration and social security | 45 | €43,239 | €24,356 | -€18,883 | -43.7% |
| Taxes | 450/3 | €40,739 | €24,356 | -€16,383 | -40.2% |
| Remuneration and social security | 454/9 | €2,500 | - | -€2,500 | |
| Other amounts payable | 47/48 | €2,893 | €4,086 | +€1,194 | +41.3% |
| Accrued charges and deferred income | 492/3 | €199 | €183 | -€16 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,646 | €10,158 | +€513 | +5.3% |
| Other operating charges | 640/8 | €233 | €639 | +€407 | +175% |
| Gross operating margin | 9900 | €93,589 | €82,632 | -€10,957 | -11.7% |
| Operating profit (loss) | 9901 | €83,710 | €71,834 | -€11,876 | -14.2% |
| Financial income | 75/76B | €455 | €1,072 | +€618 | +136% |
| Recurring financial income | 75 | €455 | €1,072 | +€618 | +136% |
| Financial charges | 65/66B | €1,091 | €679 | -€412 | -37.8% |
| Recurring financial charges | 65 | €1,091 | €679 | -€412 | -37.8% |
| Profit (loss) for the period before taxes | 9903 | €83,074 | €72,228 | -€10,846 | -13.1% |
| Income taxes | 67/77 | €23,202 | €15,139 | -€8,063 | -34.7% |
| Profit (loss) for the period | 9904 | €59,872 | €57,089 | -€2,783 | -4.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,872 | €57,089 | -€2,783 | -4.6% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.