LUBACO: 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.
What changed
LUBACO
NACE 47.820, Retail sale of motor vehicle parts and accessories
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€54,646
2024 · €73,665-€19,020
Equity
€563,258
2024 · €563,258
Cash
€153,228
2024 · €116,074+€37,154
Balance sheet total
€746,880
2024 · €709,295+€37,584
Largest movements
Assets
- Cash +€37,154
up €37,154 (+32.0%), from €116,074 to €153,228
mainly Net result for the year (+€54,646) and Other debts (+€54,646)
- Tangible fixed assets +€10,037
up €10,037 (+3.2%), from €309,893 to €319,930
of which Furniture and vehicles: +€16,800
- Stocks and contracts -€9,002
down €9,002 (-4.8%), from €185,607 to €176,605
Equity and liabilities
- Other debts +€54,646
new in 2025: €54,646
- Trade debts -€15,707
down €15,707 (-14.5%), from €108,016 to €92,309
Income statement
- Turnover +€143,555
up €143,555 (+13.5%), from €1.1m to €1.2m
- Services and other goods +€112,065
up €112,065 (+76.6%), from €146,226 to €258,292
- Goods and materials +€93,467
up €93,467 (+14.2%), from €660,125 to €753,592
of which Purchases: +€72,386
- Staff costs -€81,172
down €81,172 (-50.6%), from €160,431 to €79,259
- Write-downs +€24,138
up €24,138, from -€17,232 to €6,906
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.
Result 2024
€73,665
Turnover
+€143,555
Other operating income
-€1,124
Goods and materials
-€93,467
Services and other goods
-€112,065
Staff costs
+€81,172
Depreciation
+€681
Write-downs
-€24,138
Other operating charges
-€347
Other operating items
+€1,000
Financial income
-€1,083
Financial charges
+€2,393
Taxes
-€15,597
Result 2025
€54,646
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.
From operations
+€133,318
Investment
-€41,518
Financing
-€54,646
Cash 2024
€116,074
From operations (derived)
+€133,318
Net result for the year
+€54,646
Depreciation
+€33,522
Stocks and contracts
+€9,002
Receivables within one year
+€944
Deferred charges and accrued income
-€2,380
Trade debts
-€15,707
Tax, wage and social debts
-€6,334
Other debts
+€54,646
Accrued charges and deferred income
+€4,980
Investment (derived)
-€41,518
Investment in fixed assets (net)
-€41,518
Financing
-€54,646
Contributions, distributions and other
-€54,646
Cash 2025
€153,228
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €709,295 | €746,880 | +€37,584 | +5.3% |
| Fixed assets | 21/28 | €314,369 | €322,365 | +€7,996 | +2.5% |
| Intangible fixed assets | 21 | €3,741 | €1,701 | -€2,041 | -54.5% |
| Tangible fixed assets | 22/27 | €309,893 | €319,930 | +€10,037 | +3.2% |
| Land and buildings | 22 | €260,485 | €261,220 | +€736 | +0.3% |
| Plant, machinery and equipment | 23 | €18,122 | €14,204 | -€3,918 | -21.6% |
| Furniture and vehicles | 24 | - | €16,800 | +€16,800 | |
| Other tangible fixed assets | 26 | €31,287 | €27,705 | -€3,581 | -11.4% |
| Financial fixed assets | 28 | €735 | €735 | = | 0.0% |
| Other financial fixed assets | 284/8 | €735 | €735 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €735 | €735 | = | 0.0% |
| Current assets | 29/58 | €394,926 | €424,515 | +€29,589 | +7.5% |
| Stocks and contracts in progress | 3 | €185,607 | €176,605 | -€9,002 | -4.8% |
| Stocks | 30/36 | €185,607 | €176,605 | -€9,002 | -4.8% |
| Goods purchased for resale | 34 | €185,607 | €176,605 | -€9,002 | -4.8% |
| Amounts receivable within one year | 40/41 | €83,662 | €82,717 | -€944 | -1.1% |
| Trade receivables | 40 | €83,662 | €77,564 | -€6,098 | -7.3% |
| Other amounts receivable | 41 | - | €5,154 | +€5,154 | |
| Cash at bank and in hand | 54/58 | €116,074 | €153,228 | +€37,154 | +32.0% |
| Deferred charges and accrued income | 490/1 | €9,583 | €11,964 | +€2,380 | +24.8% |
| Total equity and liabilities | 10/49 | €709,295 | €746,880 | +€37,584 | +5.3% |
| Equity | 10/15 | €563,258 | €563,258 | = | 0.0% |
| Contributions | 10/11 | €369,539 | €369,539 | = | 0.0% |
| Reserves | 13 | €177,412 | €177,412 | = | 0.0% |
| Non-distributable reserves | 130/1 | €36,954 | €36,954 | = | 0.0% |
| Reserves not available under the articles | 1311 | €36,954 | €36,954 | = | 0.0% |
| Tax-exempt reserves | 132 | €140,458 | €140,458 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,307 | €16,307 | = | 0.0% |
| Amounts payable | 17/49 | €146,038 | €183,622 | +€37,584 | +25.7% |
| Amounts payable within one year | 42/48 | €146,038 | €178,642 | +€32,604 | +22.3% |
| Trade debts | 44 | €108,016 | €92,309 | -€15,707 | -14.5% |
| Suppliers | 440/4 | €108,016 | €92,309 | -€15,707 | -14.5% |
| Taxes, remuneration and social security | 45 | €38,022 | €31,688 | -€6,334 | -16.7% |
| Taxes | 450/3 | €19,378 | €21,537 | +€2,159 | +11.1% |
| Remuneration and social security | 454/9 | €18,644 | €10,150 | -€8,494 | -45.6% |
| Other amounts payable | 47/48 | - | €54,646 | +€54,646 | |
| Accrued charges and deferred income | 492/3 | - | €4,980 | +€4,980 | |
| Operating income | 70/76A | €1,065,618 | €1,209,049 | +€143,431 | +13.5% |
| Turnover | 70 | €1,062,607 | €1,206,162 | +€143,555 | +13.5% |
| Other operating income | 74 | €3,011 | €1,887 | -€1,124 | -37.3% |
| Non-recurring operating income | 76A | - | €1,000 | +€1,000 | |
| Operating charges | 60/66A | €991,491 | €1,139,655 | +€148,164 | +14.9% |
| Goods for resale, raw materials and consumables | 60 | €660,125 | €753,592 | +€93,467 | +14.2% |
| Purchases | 600/8 | €677,422 | €749,808 | +€72,386 | +10.7% |
| Change in stocks: decrease (increase) | 609 | -€17,297 | €3,784 | +€21,081 | |
| Services and other goods | 61 | €146,226 | €258,292 | +€112,065 | +76.6% |
| Remuneration, social security and pensions | 62 | €160,431 | €79,259 | -€81,172 | -50.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,203 | €33,522 | -€681 | -2.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€17,232 | €6,906 | +€24,138 | |
| Other operating charges | 640/8 | €7,737 | €8,083 | +€347 | +4.5% |
| Operating profit (loss) | 9901 | €74,127 | €69,394 | -€4,733 | -6.4% |
| Financial income | 75/76B | €5,579 | €4,495 | -€1,083 | -19.4% |
| Recurring financial income | 75 | €5,579 | €4,495 | -€1,083 | -19.4% |
| Other financial income | 752/9 | €5,579 | €4,495 | -€1,083 | -19.4% |
| Financial charges | 65/66B | €6,040 | €3,647 | -€2,393 | -39.6% |
| Recurring financial charges | 65 | €6,040 | €3,647 | -€2,393 | -39.6% |
| Debt charges | 650 | €4,001 | €3,211 | -€789 | -19.7% |
| Other financial charges | 652/9 | €2,039 | €435 | -€1,604 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €73,665 | €70,243 | -€3,423 | -4.6% |
| Income taxes | 67/77 | - | €15,597 | +€15,597 | |
| Taxes | 670/3 | - | €15,597 | +€15,597 | |
| Profit (loss) for the period | 9904 | €73,665 | €54,646 | -€19,020 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €73,665 | €54,646 | -€19,020 | -25.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.