LUANCLO: 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.
LUANCLO
Largest movements
- Tangible fixed assets -€38,049
down €38,049 (-3.6%), from €1.1m to €1.0m
- Other debts -€25,986
down €25,986 (-11.9%), from €218,650 to €192,663
- Reserves -€14,563
down €14,563 (-6.4%), from €227,697 to €213,135
- Profit (loss) carried forward +€11,034
up €11,034 (+15.1%), from -€73,044 to -€62,010
- Gross operating margin +€11,920
up €11,920 (+47.3%), from €25,215 to €37,135
- Other operating charges +€7,891
up €7,891 (+77.4%), from €10,195 to €18,086
- Depreciation +€7,327
up €7,327 (+28.2%), from €26,009 to €33,336
- Financial income +€3,452
up €3,452 (+228.2%), from €1,513 to €4,964
- Taxes -€450
no longer reported in 2022 (was €450)
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,094,744 | €1,054,892 | -€39,853 | -3.6% |
| Fixed assets | 21/28 | €1,061,600 | €1,023,551 | -€38,049 | -3.6% |
| Tangible fixed assets | 22/27 | €1,061,600 | €1,023,551 | -€38,049 | -3.6% |
| Land and buildings | 22 | €1,061,600 | €1,023,551 | -€38,049 | -3.6% |
| Current assets | 29/58 | €33,144 | €31,341 | -€1,803 | -5.4% |
| Amounts receivable within one year | 40/41 | €964 | - | -€964 | |
| Other amounts receivable | 41 | €964 | - | -€964 | |
| Current investments | 50/53 | €0 | - | -€0 | |
| Cash at bank and in hand | 54/58 | €29,566 | €31,341 | +€1,775 | +6.0% |
| Deferred charges and accrued income | 490/1 | €2,614 | - | -€2,614 | |
| Total equity and liabilities | 10/49 | €1,094,744 | €1,054,892 | -€39,853 | -3.6% |
| Equity | 10/15 | €625,899 | €622,370 | -€3,529 | -0.6% |
| Contributions | 10/11 | €471,246 | €471,246 | = | 0.0% |
| Capital | 10 | €471,246 | €471,246 | = | 0.0% |
| Issued capital | 100 | €471,246 | €471,246 | = | 0.0% |
| Reserves | 13 | €227,697 | €213,135 | -€14,563 | -6.4% |
| Tax-exempt reserves | 132 | €227,697 | €213,135 | -€14,563 | -6.4% |
| Profit (loss) carried forward | 14 | -€73,044 | -€62,010 | +€11,034 | +15.1% |
| Provisions and deferred taxes | 16 | €97,925 | €94,080 | -€3,846 | -3.9% |
| Deferred taxes | 168 | €97,925 | €94,080 | -€3,846 | -3.9% |
| Amounts payable | 17/49 | €370,920 | €338,442 | -€32,478 | -8.8% |
| Amounts payable after more than one year | 17 | €140,000 | €140,000 | = | 0.0% |
| Financial debts | 170/4 | €140,000 | €140,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €219,636 | €196,942 | -€22,694 | -10.3% |
| Trade debts | 44 | €986 | €4,279 | +€3,292 | +333.8% |
| Suppliers | 440/4 | €986 | - | -€986 | |
| Bills of exchange payable | 441 | - | €4,279 | +€4,279 | |
| Other amounts payable | 47/48 | €218,650 | €192,663 | -€25,986 | -11.9% |
| Accrued charges and deferred income | 492/3 | €11,284 | €1,500 | -€9,784 | -86.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,009 | €33,336 | +€7,327 | +28.2% |
| Other operating charges | 640/8 | €10,195 | €18,086 | +€7,891 | +77.4% |
| Gross operating margin | 9900 | €25,215 | €37,135 | +€11,920 | +47.3% |
| Operating profit (loss) | 9901 | -€10,989 | -€14,288 | -€3,299 | -30.0% |
| Financial income | 75/76B | €1,513 | €4,964 | +€3,452 | +228.2% |
| Recurring financial income | 75 | €1,513 | €4,964 | +€3,452 | +228.2% |
| Financial charges | 65/66B | €212 | €76 | -€136 | -64.0% |
| Recurring financial charges | 65 | €212 | €76 | -€136 | -64.0% |
| Profit (loss) for the period before taxes | 9903 | -€9,689 | -€9,400 | +€289 | +3.0% |
| Transfer from deferred taxes | 780 | €2,102 | €14,562 | +€12,460 | +592.7% |
| Income taxes | 67/77 | €450 | - | -€450 | |
| Profit (loss) for the period | 9904 | -€8,036 | €5,162 | +€13,198 | |
| Transfer from tax-exempt reserves | 789 | €6,307 | €5,948 | -€359 | -5.7% |
| Transfer to tax-exempt reserves | 689 | - | €76 | +€76 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,729 | €11,034 | +€12,763 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.