LU-Tec: 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.
LU-Tec
Largest movements
- Tangible fixed assets +€91,824
up €91,824 (+15.5%), from €593,316 to €685,140
of which Land and buildings: +€92,306
- Financial fixed assets +€23,750
up €23,750 (+17.3%), from €137,574 to €161,324
- Debts after one year +€152,755
up €152,755 (+48.7%), from €313,689 to €466,444
- Short-term financial debts -€83,226
no longer reported in 2025 (was €83,226)
- Tax, wage and social debts +€13,387
up €13,387 (+187.6%), from €7,137 to €20,524
of which Taxes: +€13,637
- Gross operating margin +€39,624
up €39,624 (+106.6%), from €37,177 to €76,801
- Depreciation +€12,362
up €12,362 (+35.2%), from €35,146 to €47,508
- Financial charges +€8,228
up €8,228 (+174.8%), from €4,708 to €12,936
- Taxes +€6,239
up €6,239 (+722.9%), from €863 to €7,102
- Financial income -€5,296
no longer reported in 2025 (was €5,296)
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.
Cash bridge derived
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 | €746,692 | €857,609 | +€110,917 | +14.9% |
| Fixed assets | 21/28 | €730,890 | €846,464 | +€115,574 | +15.8% |
| Tangible fixed assets | 22/27 | €593,316 | €685,140 | +€91,824 | +15.5% |
| Land and buildings | 22 | €591,616 | €683,922 | +€92,306 | +15.6% |
| Furniture and vehicles | 24 | €1,700 | €1,218 | -€482 | -28.4% |
| Financial fixed assets | 28 | €137,574 | €161,324 | +€23,750 | +17.3% |
| Current assets | 29/58 | €15,802 | €11,145 | -€4,657 | -29.5% |
| Amounts receivable within one year | 40/41 | €5,200 | €8,542 | +€3,342 | +64.3% |
| Trade receivables | 40 | €5,200 | €8,542 | +€3,342 | +64.3% |
| Cash at bank and in hand | 54/58 | €10,602 | €2,505 | -€8,097 | -76.4% |
| Deferred charges and accrued income | 490/1 | - | €98 | +€98 | |
| Total equity and liabilities | 10/49 | €746,692 | €857,609 | +€110,917 | +14.9% |
| Equity | 10/15 | €83,108 | €91,315 | +€8,207 | +9.9% |
| Contributions | 10/11 | €9,573 | €9,573 | = | 0.0% |
| Reserves | 13 | €73,535 | €81,742 | +€8,207 | +11.2% |
| Tax-exempt reserves | 132 | €24,500 | €24,500 | = | 0.0% |
| Distributable reserves | 133 | €49,035 | €57,242 | +€8,207 | +16.7% |
| Amounts payable | 17/49 | €663,584 | €766,294 | +€102,710 | +15.5% |
| Amounts payable after more than one year | 17 | €313,689 | €466,444 | +€152,755 | +48.7% |
| Financial debts | 170/4 | €313,689 | €466,444 | +€152,755 | +48.7% |
| Amounts payable within one year | 42/48 | €349,895 | €299,850 | -€50,045 | -14.3% |
| Current portion of amounts payable after more than one year | 42 | €22,185 | €29,481 | +€7,296 | +32.9% |
| Financial debts | 43 | €83,226 | - | -€83,226 | |
| Credit institutions | 430/8 | €83,226 | - | -€83,226 | |
| Trade debts | 44 | €3,540 | €9,279 | +€5,739 | +162.1% |
| Suppliers | 440/4 | €3,540 | €9,279 | +€5,739 | +162.1% |
| Taxes, remuneration and social security | 45 | €7,137 | €20,524 | +€13,387 | +187.6% |
| Taxes | 450/3 | €6,887 | €20,524 | +€13,637 | +198.0% |
| Remuneration and social security | 454/9 | €250 | - | -€250 | |
| Other amounts payable | 47/48 | €233,807 | €240,566 | +€6,759 | +2.9% |
| Non-recurring operating income | 76A | - | €32,149 | +€32,149 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,146 | €47,508 | +€12,362 | +35.2% |
| Other operating charges | 640/8 | €1,264 | €1,048 | -€216 | -17.1% |
| Gross operating margin | 9900 | €37,177 | €76,801 | +€39,624 | +106.6% |
| Operating profit (loss) | 9901 | €767 | €28,245 | +€27,478 | +3582.5% |
| Financial income | 75/76B | €5,296 | - | -€5,296 | |
| Recurring financial income | 75 | €5,296 | - | -€5,296 | |
| Financial charges | 65/66B | €4,708 | €12,936 | +€8,228 | +174.8% |
| Recurring financial charges | 65 | €4,708 | €12,936 | +€8,228 | +174.8% |
| Profit (loss) for the period before taxes | 9903 | €1,355 | €15,309 | +€13,954 | +1029.8% |
| Income taxes | 67/77 | €863 | €7,102 | +€6,239 | +722.9% |
| Profit (loss) for the period | 9904 | €492 | €8,207 | +€7,715 | +1568.1% |
| Profit (loss) for the period to be appropriated | 9905 | €492 | €8,207 | +€7,715 | +1568.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.