LLUGANI: what changed
Two fiscal 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.
LLUGANI
Largest movements
- Receivables within one year +€20,266
up €20,266 (+81.3%), from €24,937 to €45,203
of which Trade receivables: +€21,536
- Reserves +€17,500
up €17,500 (+146.8%), from €11,918 to €29,418
- Tax, wage and social debts +€4,668
up €4,668 (+156.7%), from €2,979 to €7,648
- Advances received -€1,800
down €1,800 (-100.0%), from €1,800 to €0
- Trade debts -€1,215
down €1,215 (-34.0%), from €3,568 to €2,354
- Other debts +€582
new in 2024: €582
- Gross operating margin +€7,238
up €7,238 (+47.8%), from €15,156 to €22,394
- Taxes +€1,467
up €1,467 (+49.3%), from €2,979 to €4,447
From the 2023 result to the 2024 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.
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €25,265 | €45,289 | +€20,023 | +79.3% |
| Current assets | 29/58 | €25,265 | €45,289 | +€20,023 | +79.3% |
| Amounts receivable within one year | 40/41 | €24,937 | €45,203 | +€20,266 | +81.3% |
| Trade receivables | 40 | €22,681 | €44,217 | +€21,536 | +95.0% |
| Other amounts receivable | 41 | €2,256 | €986 | -€1,270 | -56.3% |
| Cash at bank and in hand | 54/58 | €328 | €85 | -€243 | -74.0% |
| Total equity and liabilities | 10/49 | €25,265 | €45,289 | +€20,023 | +79.3% |
| Equity | 10/15 | €16,918 | €34,705 | +€17,787 | +105.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €11,918 | €29,418 | +€17,500 | +146.8% |
| Distributable reserves | 133 | €11,918 | €29,418 | +€17,500 | +146.8% |
| Profit (loss) carried forward | 14 | - | €287 | +€287 | |
| Amounts payable | 17/49 | €8,348 | €10,583 | +€2,236 | +26.8% |
| Amounts payable within one year | 42/48 | €8,348 | €10,583 | +€2,236 | +26.8% |
| Trade debts | 44 | €3,568 | €2,354 | -€1,215 | -34.0% |
| Suppliers | 440/4 | €3,568 | €2,354 | -€1,215 | -34.0% |
| Advances received on contracts in progress | 46 | €1,800 | €0 | -€1,800 | -100.0% |
| Taxes, remuneration and social security | 45 | €2,979 | €7,648 | +€4,668 | +156.7% |
| Taxes | 450/3 | €2,979 | €7,648 | +€4,668 | +156.7% |
| Other amounts payable | 47/48 | - | €582 | +€582 | |
| Gross operating margin | 9900 | €15,156 | €22,394 | +€7,238 | +47.8% |
| Operating profit (loss) | 9901 | €15,156 | €22,394 | +€7,238 | +47.8% |
| Financial charges | 65/66B | €259 | €159 | -€99 | -38.3% |
| Recurring financial charges | 65 | €259 | €159 | -€99 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €14,897 | €22,234 | +€7,337 | +49.3% |
| Income taxes | 67/77 | €2,979 | €4,447 | +€1,467 | +49.3% |
| Profit (loss) for the period | 9904 | €11,918 | €17,787 | +€5,870 | +49.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,918 | €17,787 | +€5,870 | +49.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.