FERRO LUSTO: 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.
FERRO LUSTO
Largest movements
- Cash +€22,705
up €22,705 (+78.9%), from €28,786 to €51,491
mainly Net result for the year (+€35,625) and Current investments (+€20,054)
- Current investments -€20,054
down €20,054 (-27.3%), from €73,500 to €53,447
- Tangible fixed assets -€12,332
down €12,332 (-5.9%), from €209,834 to €197,501
of which Land and buildings: -€8,665
- Current portion of long-term debt -€11,502
down €11,502 (-72.4%), from €15,877 to €4,375
- Tax, wage and social debts +€9,114
up €9,114 (+71.3%), from €12,782 to €21,895
- Gross operating margin -€19,979
down €19,979 (-20.3%), from €98,227 to €78,248
- Depreciation -€4,105
down €4,105 (-23.5%), from €17,462 to €13,357
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 | €360,440 | €354,638 | -€5,803 | -1.6% |
| Fixed assets | 21/28 | €209,834 | €197,501 | -€12,332 | -5.9% |
| Tangible fixed assets | 22/27 | €209,834 | €197,501 | -€12,332 | -5.9% |
| Land and buildings | 22 | €201,232 | €192,567 | -€8,665 | -4.3% |
| Furniture and vehicles | 24 | €8,602 | €4,934 | -€3,668 | -42.6% |
| Current assets | 29/58 | €150,607 | €157,136 | +€6,530 | +4.3% |
| Amounts receivable within one year | 40/41 | €45,427 | €48,928 | +€3,501 | +7.7% |
| Trade receivables | 40 | €44,154 | €47,984 | +€3,831 | +8.7% |
| Other amounts receivable | 41 | €1,273 | €943 | -€330 | -25.9% |
| Current investments | 50/53 | €73,500 | €53,447 | -€20,054 | -27.3% |
| Cash at bank and in hand | 54/58 | €28,786 | €51,491 | +€22,705 | +78.9% |
| Deferred charges and accrued income | 490/1 | €2,894 | €3,271 | +€378 | +13.0% |
| Total equity and liabilities | 10/49 | €360,440 | €354,638 | -€5,803 | -1.6% |
| Equity | 10/15 | €196,586 | €193,210 | -€3,375 | -1.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,360 | €118,960 | -€3,400 | -2.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €122,360 | €118,960 | -€3,400 | -2.8% |
| Profit (loss) carried forward | 14 | €55,626 | €55,650 | +€25 | 0.0% |
| Amounts payable | 17/49 | €163,855 | €161,427 | -€2,427 | -1.5% |
| Amounts payable after more than one year | 17 | €62,699 | €62,699 | = | 0.0% |
| Financial debts | 170/4 | €62,699 | €62,699 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,155 | €98,728 | -€2,427 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €15,877 | €4,375 | -€11,502 | -72.4% |
| Trade debts | 44 | €8,104 | €7,104 | -€1,000 | -12.3% |
| Suppliers | 440/4 | €8,104 | €7,104 | -€1,000 | -12.3% |
| Taxes, remuneration and social security | 45 | €12,782 | €21,895 | +€9,114 | +71.3% |
| Taxes | 450/3 | €12,782 | €21,895 | +€9,114 | +71.3% |
| Other amounts payable | 47/48 | €64,393 | €65,354 | +€961 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,462 | €13,357 | -€4,105 | -23.5% |
| Other operating charges | 640/8 | €4,222 | €3,704 | -€518 | -12.3% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €98,227 | €78,248 | -€19,979 | -20.3% |
| Operating profit (loss) | 9901 | €76,543 | €61,186 | -€15,356 | -20.1% |
| Financial income | 75/76B | €1,207 | €376 | -€831 | -68.8% |
| Recurring financial income | 75 | €1,207 | €376 | -€831 | -68.8% |
| Financial charges | 65/66B | €6,530 | €5,815 | -€715 | -11.0% |
| Recurring financial charges | 65 | €6,530 | €5,815 | -€715 | -11.0% |
| Profit (loss) for the period before taxes | 9903 | €71,219 | €55,748 | -€15,472 | -21.7% |
| Income taxes | 67/77 | €20,929 | €20,123 | -€806 | -3.9% |
| Profit (loss) for the period | 9904 | €50,290 | €35,625 | -€14,665 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €50,290 | €35,625 | -€14,665 | -29.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.