LUBENI: 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.
LUBENI
Largest movements
- Receivables within one year +€81,110
up €81,110 (+92.7%), from €87,540 to €168,651
of which Other amounts receivable: +€71,016
- Tangible fixed assets +€41,348
up €41,348 (+440.6%), from €9,385 to €50,733
of which Leasing and similar rights: +€36,790
- Current investments +€30,000
up €30,000 (+109.1%), from €27,500 to €57,500
- Profit (loss) carried forward +€122,831
up €122,831 (+77.5%), from €158,425 to €281,256
- Debts after one year +€31,467
new in 2025: €31,467
- Tax, wage and social debts -€14,992
down €14,992 (-98.7%), from €15,192 to €200
of which Taxes: -€15,192
- Trade debts +€6,563
up €6,563 (+67.3%), from €9,758 to €16,322
- Current portion of long-term debt +€6,429
new in 2025: €6,429
- Financial income +€2,690
up €2,690 (+171.6%), from €1,568 to €4,258
- Other operating charges +€2,055
up €2,055 (+504.1%), from €408 to €2,463
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 | €184,958 | €336,674 | +€151,715 | +82.0% |
| Fixed assets | 21/28 | €9,385 | €50,733 | +€41,348 | +440.6% |
| Tangible fixed assets | 22/27 | €9,385 | €50,733 | +€41,348 | +440.6% |
| Furniture and vehicles | 24 | €9,385 | €2,489 | -€6,896 | -73.5% |
| Leasing and similar rights | 25 | - | €36,790 | +€36,790 | |
| Other tangible fixed assets | 26 | - | €11,454 | +€11,454 | |
| Current assets | 29/58 | €175,574 | €285,941 | +€110,367 | +62.9% |
| Amounts receivable within one year | 40/41 | €87,540 | €168,651 | +€81,110 | +92.7% |
| Trade receivables | 40 | €41,177 | €51,272 | +€10,094 | +24.5% |
| Other amounts receivable | 41 | €46,363 | €117,379 | +€71,016 | +153.2% |
| Current investments | 50/53 | €27,500 | €57,500 | +€30,000 | +109.1% |
| Cash at bank and in hand | 54/58 | €60,349 | €59,608 | -€742 | -1.2% |
| Deferred charges and accrued income | 490/1 | €184 | €183 | -€1 | -0.6% |
| Total equity and liabilities | 10/49 | €184,958 | €336,674 | +€151,715 | +82.0% |
| Equity | 10/15 | €159,425 | €282,256 | +€122,831 | +77.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,425 | €281,256 | +€122,831 | +77.5% |
| Amounts payable | 17/49 | €25,534 | €54,418 | +€28,884 | +113.1% |
| Amounts payable after more than one year | 17 | - | €31,467 | +€31,467 | |
| Financial debts | 170/4 | - | €31,467 | +€31,467 | |
| Amounts payable within one year | 42/48 | €25,534 | €22,951 | -€2,583 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | - | €6,429 | +€6,429 | |
| Trade debts | 44 | €9,758 | €16,322 | +€6,563 | +67.3% |
| Suppliers | 440/4 | €9,758 | €16,322 | +€6,563 | +67.3% |
| Taxes, remuneration and social security | 45 | €15,192 | €200 | -€14,992 | -98.7% |
| Taxes | 450/3 | €15,192 | €0 | -€15,192 | -100.0% |
| Remuneration and social security | 454/9 | - | €200 | +€200 | |
| Other amounts payable | 47/48 | €583 | €0 | -€583 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,051 | €4,451 | +€1,400 | +45.9% |
| Other operating charges | 640/8 | €408 | €2,463 | +€2,055 | +504.1% |
| Non-recurring operating charges | 66A | - | €2,475 | +€2,475 | |
| Gross operating margin | 9900 | €164,089 | €165,468 | +€1,380 | +0.8% |
| Operating profit (loss) | 9901 | €160,630 | €156,079 | -€4,550 | -2.8% |
| Financial income | 75/76B | €1,568 | €4,258 | +€2,690 | +171.6% |
| Recurring financial income | 75 | €1,568 | €4,258 | +€2,690 | +171.6% |
| Financial charges | 65/66B | €135 | €978 | +€843 | +624.1% |
| Recurring financial charges | 65 | €135 | €978 | +€843 | +624.1% |
| Profit (loss) for the period before taxes | 9903 | €162,063 | €159,360 | -€2,703 | -1.7% |
| Income taxes | 67/77 | €36,942 | €36,528 | -€414 | -1.1% |
| Profit (loss) for the period | 9904 | €125,120 | €122,831 | -€2,289 | -1.8% |
| Profit (loss) for the period to be appropriated | 9905 | €125,120 | €122,831 | -€2,289 | -1.8% |
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 11 October 2026 via checked.be.