CROMMEN LUTGARDE: what changed
CROMMEN LUTGARDE
Largest movements
- Cash +€198,455
up €198,455 (+173%), from €114,779 to €313,234
mainly Net result for the year (+€90,975) and Current investments (+€76,000)
- Current investments -€76,000
down €76,000 (-33.6%), from €225,976 to €149,976
- Receivables within one year +€8,335
up €8,335 (+91.0%), from €9,159 to €17,494
of which Trade receivables: +€8,923
- Tangible fixed assets -€8,034
down €8,034 (-25.5%), from €31,497 to €23,463
of which Furniture and vehicles: -€7,091
- Other debts +€60,407
up €60,407 (+1,130%), from €5,345 to €65,751
- Reserves +€37,975
up €37,975 (+10.5%), from €363,093 to €401,068
of which Distributable reserves: +€37,975
- Tax, wage and social debts +€24,374
up €24,374 (+360%), from €6,772 to €31,146
- Gross operating margin +€52,544
up €52,544 (+60.1%), from €87,452 to €139,995
- Taxes +€17,511
up €17,511 (+61.2%), from €28,623 to €46,134
- Depreciation +€2,934
up €2,934 (+57.5%), from €5,101 to €8,034
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 | €381,410 | €504,166 | +€122,756 | +32.2% |
| Fixed assets | 21/28 | €31,497 | €23,463 | -€8,034 | -25.5% |
| Tangible fixed assets | 22/27 | €31,497 | €23,463 | -€8,034 | -25.5% |
| Land and buildings | 22 | €1,887 | €943 | -€943 | -50.0% |
| Furniture and vehicles | 24 | €29,611 | €22,520 | -€7,091 | -23.9% |
| Current assets | 29/58 | €349,913 | €480,703 | +€130,790 | +37.4% |
| Amounts receivable within one year | 40/41 | €9,159 | €17,494 | +€8,335 | +91.0% |
| Trade receivables | 40 | €8,571 | €17,494 | +€8,923 | +104% |
| Other amounts receivable | 41 | €588 | - | -€588 | |
| Current investments | 50/53 | €225,976 | €149,976 | -€76,000 | -33.6% |
| Cash at bank and in hand | 54/58 | €114,779 | €313,234 | +€198,455 | +173% |
| Total equity and liabilities | 10/49 | €381,410 | €504,166 | +€122,756 | +32.2% |
| Equity | 10/15 | €369,293 | €407,268 | +€37,975 | +10.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €363,093 | €401,068 | +€37,975 | +10.5% |
| Non-distributable reserves | 130/1 | €5,189 | €5,189 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,189 | €5,189 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,976 | €4,976 | = | 0.0% |
| Distributable reserves | 133 | €352,929 | €390,903 | +€37,975 | +10.8% |
| Amounts payable | 17/49 | €12,117 | €96,898 | +€84,781 | +700% |
| Amounts payable within one year | 42/48 | €12,117 | €96,898 | +€84,781 | +700% |
| Taxes, remuneration and social security | 45 | €6,772 | €31,146 | +€24,374 | +360% |
| Taxes | 450/3 | €6,772 | €31,146 | +€24,374 | +360% |
| Other amounts payable | 47/48 | €5,345 | €65,751 | +€60,407 | +1,130% |
| Non-recurring operating income | 76A | €9,500 | - | -€9,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,101 | €8,034 | +€2,934 | +57.5% |
| Other operating charges | 640/8 | €351 | €291 | -€60 | -17.1% |
| Gross operating margin | 9900 | €87,452 | €139,995 | +€52,544 | +60.1% |
| Operating profit (loss) | 9901 | €82,000 | €131,670 | +€49,670 | +60.6% |
| Financial income | 75/76B | €6,170 | €5,644 | -€526 | -8.5% |
| Recurring financial income | 75 | €6,170 | €5,644 | -€526 | -8.5% |
| Financial charges | 65/66B | €597 | €206 | -€391 | -65.5% |
| Recurring financial charges | 65 | €597 | €206 | -€391 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | €87,573 | €137,108 | +€49,535 | +56.6% |
| Income taxes | 67/77 | €28,623 | €46,134 | +€17,511 | +61.2% |
| Profit (loss) for the period | 9904 | €58,950 | €90,975 | +€32,025 | +54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €58,950 | €90,975 | +€32,025 | +54.3% |
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.