LOUVIMAC: what changed
LOUVIMAC
Largest movements
- Tangible fixed assets -€552
down €552 (-28.7%), from €1,920 to €1,368
- Cash +€347
up €347 (+104%), from €332 to €679
mainly Tax, wage and social debts (+€4,664) and Other debts (+€2,988)
- Stocks and contracts -€222
down €222 (-2.4%), from €9,268 to €9,046
- Profit (loss) carried forward -€6,582
down €6,582 (-26.3%), from -€25,063 to -€31,644
- Tax, wage and social debts +€4,664
up €4,664 (+45.7%), from €10,214 to €14,879
of which Remuneration and social security: +€4,304
- Other debts +€2,988
up €2,988 (+23.7%), from €12,604 to €15,592
- Short-term financial debts -€1,138
down €1,138 (-26.2%), from €4,344 to €3,206
- Trade debts -€265
down €265 (-8.3%), from €3,172 to €2,907
- Staff costs +€4,525
up €4,525 (+15.8%), from €28,586 to €33,111
- Gross operating margin +€1,823
up €1,823 (+6.4%), from €28,672 to €30,496
- Financial charges +€678
up €678 (+38.5%), from €1,759 to €2,437
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,001 | €11,669 | -€333 | -2.8% |
| Fixed assets | 21/28 | €1,970 | €1,418 | -€552 | -28.0% |
| Tangible fixed assets | 22/27 | €1,920 | €1,368 | -€552 | -28.7% |
| Plant, machinery and equipment | 23 | €1,920 | €1,368 | -€552 | -28.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €10,031 | €10,250 | +€219 | +2.2% |
| Stocks and contracts in progress | 3 | €9,268 | €9,046 | -€222 | -2.4% |
| Stocks | 30/36 | €9,268 | €9,046 | -€222 | -2.4% |
| Cash at bank and in hand | 54/58 | €332 | €679 | +€347 | +104% |
| Deferred charges and accrued income | 490/1 | €431 | €525 | +€94 | +21.9% |
| Total equity and liabilities | 10/49 | €12,001 | €11,669 | -€333 | -2.8% |
| Equity | 10/15 | -€18,334 | -€24,915 | -€6,582 | -35.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €529 | €529 | = | 0.0% |
| Distributable reserves | 133 | €529 | €529 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,063 | -€31,644 | -€6,582 | -26.3% |
| Amounts payable | 17/49 | €30,335 | €36,584 | +€6,249 | +20.6% |
| Amounts payable within one year | 42/48 | €30,335 | €36,584 | +€6,249 | +20.6% |
| Financial debts | 43 | €4,344 | €3,206 | -€1,138 | -26.2% |
| Credit institutions | 430/8 | €4,344 | €3,206 | -€1,138 | -26.2% |
| Trade debts | 44 | €3,172 | €2,907 | -€265 | -8.3% |
| Suppliers | 440/4 | €3,172 | €2,907 | -€265 | -8.3% |
| Taxes, remuneration and social security | 45 | €10,214 | €14,879 | +€4,664 | +45.7% |
| Taxes | 450/3 | €3,793 | €4,153 | +€360 | +9.5% |
| Remuneration and social security | 454/9 | €6,422 | €10,726 | +€4,304 | +67.0% |
| Other amounts payable | 47/48 | €12,604 | €15,592 | +€2,988 | +23.7% |
| Remuneration, social security and pensions | 62 | €28,586 | €33,111 | +€4,525 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €414 | €552 | +€138 | +33.2% |
| Other operating charges | 640/8 | €617 | €801 | +€184 | +29.9% |
| Gross operating margin | 9900 | €28,672 | €30,496 | +€1,823 | +6.4% |
| Operating profit (loss) | 9901 | -€944 | -€3,968 | -€3,024 | -320% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €1,759 | €2,437 | +€678 | +38.5% |
| Recurring financial charges | 65 | €1,759 | €2,437 | +€678 | +38.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,702 | -€6,405 | -€3,704 | -137% |
| Income taxes | 67/77 | €174 | €176 | +€2 | +1.0% |
| Profit (loss) for the period | 9904 | -€2,876 | -€6,582 | -€3,705 | -129% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,876 | -€6,582 | -€3,705 | -129% |
Next steps
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.