Lubacom: 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.
Lubacom
Largest movements
- Tangible fixed assets -€68,819
down €68,819 (-3.1%), from €2.2m to €2.2m
- Other debts -€60,297
down €60,297 (-31.7%), from €190,281 to €129,983
- Debts after one year -€22,755
down €22,755 (-1.2%), from €1.8m to €1.8m
- Gross operating margin +€52,558
up €52,558 (+71.6%), from €73,370 to €125,928
- Other operating charges -€1,438
down €1,438 (-13.3%), from €10,830 to €9,391
- Depreciation +€1,402
up €1,402 (+1.7%), from €84,788 to €86,190
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 | €2,242,220 | €2,176,181 | -€66,040 | -2.9% |
| Fixed assets | 21/28 | €2,238,467 | €2,169,648 | -€68,819 | -3.1% |
| Tangible fixed assets | 22/27 | €2,238,467 | €2,169,648 | -€68,819 | -3.1% |
| Land and buildings | 22 | €2,238,467 | €2,169,648 | -€68,819 | -3.1% |
| Current assets | 29/58 | €3,753 | €6,533 | +€2,780 | +74.1% |
| Cash at bank and in hand | 54/58 | €3,753 | €5,591 | +€1,838 | +49.0% |
| Deferred charges and accrued income | 490/1 | - | €942 | +€942 | |
| Total equity and liabilities | 10/49 | €2,242,220 | €2,176,181 | -€66,040 | -2.9% |
| Equity | 10/15 | €108,887 | €123,323 | +€14,436 | +13.3% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €91,712 | €86,722 | -€4,990 | -5.4% |
| Tax-exempt reserves | 132 | €89,812 | €84,822 | -€4,990 | -5.6% |
| Distributable reserves | 133 | €1,900 | €1,900 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,825 | €17,601 | +€19,426 | |
| Provisions and deferred taxes | 16 | €21,448 | €20,257 | -€1,192 | -5.6% |
| Deferred taxes | 168 | €21,448 | €20,257 | -€1,192 | -5.6% |
| Amounts payable | 17/49 | €2,111,885 | €2,032,601 | -€79,284 | -3.8% |
| Amounts payable after more than one year | 17 | €1,849,862 | €1,827,107 | -€22,755 | -1.2% |
| Financial debts | 170/4 | €1,849,862 | €1,827,107 | -€22,755 | -1.2% |
| Amounts payable within one year | 42/48 | €262,023 | €203,124 | -€58,899 | -22.5% |
| Current portion of amounts payable after more than one year | 42 | €70,260 | €71,255 | +€995 | +1.4% |
| Trade debts | 44 | €1,483 | €1,886 | +€403 | +27.2% |
| Suppliers | 440/4 | €1,483 | €1,886 | +€403 | +27.2% |
| Other amounts payable | 47/48 | €190,281 | €129,983 | -€60,297 | -31.7% |
| Accrued charges and deferred income | 492/3 | - | €2,369 | +€2,369 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,788 | €86,190 | +€1,402 | +1.7% |
| Other operating charges | 640/8 | €10,830 | €9,391 | -€1,438 | -13.3% |
| Gross operating margin | 9900 | €73,370 | €125,928 | +€52,558 | +71.6% |
| Operating profit (loss) | 9901 | -€22,248 | €30,347 | +€52,595 | |
| Financial charges | 65/66B | €18,228 | €17,102 | -€1,127 | -6.2% |
| Recurring financial charges | 65 | €18,228 | €17,102 | -€1,127 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | -€40,477 | €13,245 | +€53,721 | |
| Transfer from deferred taxes | 780 | €1,192 | €1,192 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€39,285 | €14,436 | +€53,721 | |
| Transfer from tax-exempt reserves | 789 | €4,990 | €4,990 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,296 | €19,426 | +€53,721 |
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.