LUBANA: what changed
Two financial 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.
LUBANA
Largest movements
- Stocks and contracts +€18,772
up €18,772 (+68.7%), from €27,332 to €46,104
- Cash +€5,334
up €5,334 (+799%), from €668 to €6,001
mainly Trade debts (+€19,278) and Depreciation (+€3,305)
- Tangible fixed assets -€2,639
down €2,639 (-35.3%), from €7,467 to €4,828
of which Furniture and vehicles: -€2,249
- Receivables within one year -€1,007
down €1,007 (-6.5%), from €15,393 to €14,386
of which Other amounts receivable: -€2,547
- Trade debts +€19,278
up €19,278 (+1,163%), from €1,657 to €20,936
- Profit (loss) carried forward +€1,494
up €1,494 (+4.9%), from €30,243 to €31,737
- Other debts -€1,321
no longer reported in 2025 (was €1,321)
- Purchases and services -€78,660
down €78,660 (-14.7%), from €534,849 to €456,189
- Turnover -€75,145
down €75,145 (-13.9%), from €540,861 to €465,716
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.
Derived cash bridge
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 | €59,657 | €79,450 | +€19,793 | +33.2% |
| Fixed assets | 21/28 | €16,264 | €12,959 | -€3,305 | -20.3% |
| Intangible fixed assets | 21 | €3,553 | €2,886 | -€667 | -18.8% |
| Tangible fixed assets | 22/27 | €7,467 | €4,828 | -€2,639 | -35.3% |
| Plant, machinery and equipment | 23 | €315 | - | -€315 | |
| Furniture and vehicles | 24 | €6,688 | €4,439 | -€2,249 | -33.6% |
| Other tangible fixed assets | 26 | €464 | €389 | -€75 | -16.2% |
| Financial fixed assets | 28 | €5,245 | €5,245 | = | 0.0% |
| Current assets | 29/58 | €43,393 | €66,491 | +€23,098 | +53.2% |
| Stocks and contracts in progress | 3 | €27,332 | €46,104 | +€18,772 | +68.7% |
| Stocks | 30/36 | €27,332 | €46,104 | +€18,772 | +68.7% |
| Amounts receivable within one year | 40/41 | €15,393 | €14,386 | -€1,007 | -6.5% |
| Trade receivables | 40 | €3,177 | €4,717 | +€1,540 | +48.5% |
| Other amounts receivable | 41 | €12,216 | €9,670 | -€2,547 | -20.8% |
| Cash at bank and in hand | 54/58 | €668 | €6,001 | +€5,334 | +799% |
| Total equity and liabilities | 10/49 | €59,657 | €79,450 | +€19,793 | +33.2% |
| Equity | 10/15 | €51,103 | €52,197 | +€1,094 | +2.1% |
| Contributions | 10/11 | €19,000 | €18,600 | -€400 | -2.1% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,243 | €31,737 | +€1,494 | +4.9% |
| Amounts payable | 17/49 | €8,554 | €27,254 | +€18,699 | +219% |
| Amounts payable within one year | 42/48 | €8,554 | €27,254 | +€18,699 | +219% |
| Trade debts | 44 | €1,657 | €20,936 | +€19,278 | +1,163% |
| Suppliers | 440/4 | €1,657 | €20,936 | +€19,278 | +1,163% |
| Taxes, remuneration and social security | 45 | €5,575 | €6,318 | +€743 | +13.3% |
| Taxes | 450/3 | €2,335 | €1,782 | -€553 | -23.7% |
| Remuneration and social security | 454/9 | €3,240 | €4,537 | +€1,296 | +40.0% |
| Other amounts payable | 47/48 | €1,321 | - | -€1,321 | |
| Turnover | 70 | €540,861 | €465,716 | -€75,145 | -13.9% |
| Non-recurring operating income | 76A | €8,711 | - | -€8,711 | |
| Goods, raw materials, services and sundry goods | 60/61 | €534,849 | €456,189 | -€78,660 | -14.7% |
| Remuneration, social security and pensions | 62 | €5,350 | €2,889 | -€2,461 | -46.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,762 | €3,305 | +€1,544 | +87.6% |
| Other operating charges | 640/8 | €6,840 | €5,812 | -€1,028 | -15.0% |
| Gross operating margin | 9900 | €19,364 | €15,577 | -€3,786 | -19.6% |
| Operating profit (loss) | 9901 | €5,412 | €3,572 | -€1,840 | -34.0% |
| Financial charges | 65/66B | €1,219 | €1,449 | +€230 | +18.9% |
| Recurring financial charges | 65 | €1,219 | €1,449 | +€230 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €4,193 | €2,123 | -€2,070 | -49.4% |
| Income taxes | 67/77 | €1,228 | €629 | -€599 | -48.8% |
| Profit (loss) for the period | 9904 | €2,965 | €1,494 | -€1,471 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,965 | €1,494 | -€1,471 | -49.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.