DOC LULU: 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.
DOC LULU
Largest movements
- Cash +€78,794
up €78,794 (+142%), from €55,412 to €134,206
mainly Net result for the year (+€48,633) and Depreciation (+€17,966)
- Intangible fixed assets -€15,000
down €15,000 (-11.1%), from €135,000 to €120,000
- Tangible fixed assets -€2,966
down €2,966 (-45.9%), from €6,461 to €3,495
- Profit (loss) carried forward +€47,800
up €47,800 (+157%), from €30,393 to €78,193
- Other debts +€8,118
up €8,118 (+5.2%), from €154,704 to €162,822
- Tax, wage and social debts +€3,331
up €3,331 (+21.9%), from €15,232 to €18,564
of which Taxes: +€4,605
- Gross operating margin +€17,044
up €17,044 (+20.2%), from €84,586 to €101,630
- Taxes +€1,605
up €1,605 (+13.2%), from €12,120 to €13,726
- Staff costs -€1,018
down €1,018 (-4.6%), from €22,066 to €21,048
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 | €204,686 | €264,784 | +€60,099 | +29.4% |
| Fixed assets | 21/28 | €141,461 | €123,495 | -€17,966 | -12.7% |
| Intangible fixed assets | 21 | €135,000 | €120,000 | -€15,000 | -11.1% |
| Tangible fixed assets | 22/27 | €6,461 | €3,495 | -€2,966 | -45.9% |
| Furniture and vehicles | 24 | €6,461 | €3,495 | -€2,966 | -45.9% |
| Current assets | 29/58 | €63,224 | €141,290 | +€78,065 | +123% |
| Amounts receivable within one year | 40/41 | €3,619 | €1,683 | -€1,937 | -53.5% |
| Trade receivables | 40 | €2,499 | €403 | -€2,096 | -83.9% |
| Other amounts receivable | 41 | €1,120 | €1,279 | +€160 | +14.3% |
| Cash at bank and in hand | 54/58 | €55,412 | €134,206 | +€78,794 | +142% |
| Deferred charges and accrued income | 490/1 | €4,193 | €5,401 | +€1,208 | +28.8% |
| Total equity and liabilities | 10/49 | €204,686 | €264,784 | +€60,099 | +29.4% |
| Equity | 10/15 | €33,393 | €81,193 | +€47,800 | +143% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,393 | €78,193 | +€47,800 | +157% |
| Amounts payable | 17/49 | €171,293 | €183,592 | +€12,299 | +7.2% |
| Amounts payable within one year | 42/48 | €170,973 | €183,592 | +€12,619 | +7.4% |
| Trade debts | 44 | €1,036 | €2,206 | +€1,170 | +113% |
| Suppliers | 440/4 | €1,036 | €2,206 | +€1,170 | +113% |
| Taxes, remuneration and social security | 45 | €15,232 | €18,564 | +€3,331 | +21.9% |
| Taxes | 450/3 | €12,276 | €16,881 | +€4,605 | +37.5% |
| Remuneration and social security | 454/9 | €2,957 | €1,683 | -€1,274 | -43.1% |
| Other amounts payable | 47/48 | €154,704 | €162,822 | +€8,118 | +5.2% |
| Accrued charges and deferred income | 492/3 | €320 | - | -€320 | |
| Remuneration, social security and pensions | 62 | €22,066 | €21,048 | -€1,018 | -4.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,439 | €17,966 | +€528 | +3.0% |
| Other operating charges | 640/8 | €827 | €414 | -€413 | -49.9% |
| Non-recurring operating charges | 66A | €1,000 | - | -€1,000 | |
| Gross operating margin | 9900 | €84,586 | €101,630 | +€17,044 | +20.2% |
| Operating profit (loss) | 9901 | €43,254 | €62,202 | +€18,947 | +43.8% |
| Financial income | 75/76B | €95 | €467 | +€372 | +391% |
| Recurring financial income | 75 | €95 | €467 | +€372 | +391% |
| Financial charges | 65/66B | €3 | €311 | +€307 | +8,983% |
| Recurring financial charges | 65 | €3 | €311 | +€307 | +8,983% |
| Profit (loss) for the period before taxes | 9903 | €43,346 | €62,358 | +€19,012 | +43.9% |
| Income taxes | 67/77 | €12,120 | €13,726 | +€1,605 | +13.2% |
| Profit (loss) for the period | 9904 | €31,226 | €48,633 | +€17,407 | +55.7% |
| Profit (loss) for the period to be appropriated | 9905 | €31,226 | €48,633 | +€17,407 | +55.7% |
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 17 October 2026 via checked.be.