LUBERCO: 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.
LUBERCO
Largest movements
- Cash -€142,442
down €142,442 (-97.7%), from €145,736 to €3,294
mainly Debts after one year (-€115,506) and Tax, wage and social debts (-€57,219)
- Tangible fixed assets -€75,007
down €75,007 (-7.1%), from €1.0m to €974,919
of which Land and buildings: -€75,007
- Receivables within one year +€20,890
up €20,890 (+178.8%), from €11,682 to €32,572
of which Other amounts receivable: +€17,747
- Debts after one year -€115,506
down €115,506 (-19.0%), from €607,714 to €492,209
- Tax, wage and social debts -€57,219
down €57,219 (-70.0%), from €81,784 to €24,565
of which Taxes: -€57,439
- Other debts -€47,704
down €47,704 (-14.4%), from €331,851 to €284,147
- Reserves +€28,436
up €28,436 (+3.4%), from €839,027 to €867,464
of which Distributable reserves: +€28,436
- Gross operating margin -€370,234
down €370,234 (-63.1%), from €586,315 to €216,081
- Taxes -€59,904
down €59,904 (-85.0%), from €70,495 to €10,592
- Financial charges -€11,451
down €11,451 (-36.9%), from €30,999 to €19,548
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 | €2,024,929 | €1,828,567 | -€196,362 | -9.7% |
| Fixed assets | 21/28 | €1,866,041 | €1,791,033 | -€75,007 | -4.0% |
| Tangible fixed assets | 22/27 | €1,049,927 | €974,919 | -€75,007 | -7.1% |
| Land and buildings | 22 | €1,049,927 | €974,919 | -€75,007 | -7.1% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €816,114 | €816,114 | = | 0.0% |
| Current assets | 29/58 | €158,889 | €37,534 | -€121,355 | -76.4% |
| Amounts receivable within one year | 40/41 | €11,682 | €32,572 | +€20,890 | +178.8% |
| Trade receivables | 40 | €11,682 | €14,826 | +€3,143 | +26.9% |
| Other amounts receivable | 41 | €0 | €17,747 | +€17,747 | |
| Cash at bank and in hand | 54/58 | €145,736 | €3,294 | -€142,442 | -97.7% |
| Deferred charges and accrued income | 490/1 | €1,470 | €1,668 | +€197 | +13.4% |
| Total equity and liabilities | 10/49 | €2,024,929 | €1,828,567 | -€196,362 | -9.7% |
| Equity | 10/15 | €859,027 | €887,464 | +€28,436 | +3.3% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €839,027 | €867,464 | +€28,436 | +3.4% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €829,027 | €857,464 | +€28,436 | +3.4% |
| Amounts payable | 17/49 | €1,165,902 | €941,103 | -€224,798 | -19.3% |
| Amounts payable after more than one year | 17 | €607,714 | €492,209 | -€115,506 | -19.0% |
| Financial debts | 170/4 | €607,714 | €492,209 | -€115,506 | -19.0% |
| Amounts payable within one year | 42/48 | €530,086 | €435,953 | -€94,133 | -17.8% |
| Current portion of amounts payable after more than one year | 42 | €114,508 | €125,086 | +€10,578 | +9.2% |
| Trade debts | 44 | €1,943 | €2,155 | +€212 | +10.9% |
| Suppliers | 440/4 | €1,943 | €2,155 | +€212 | +10.9% |
| Taxes, remuneration and social security | 45 | €81,784 | €24,565 | -€57,219 | -70.0% |
| Taxes | 450/3 | €73,420 | €15,981 | -€57,439 | -78.2% |
| Remuneration and social security | 454/9 | €8,364 | €8,584 | +€220 | +2.6% |
| Other amounts payable | 47/48 | €331,851 | €284,147 | -€47,704 | -14.4% |
| Accrued charges and deferred income | 492/3 | €28,101 | €12,942 | -€15,160 | -53.9% |
| Remuneration, social security and pensions | 62 | €61,792 | €63,831 | +€2,039 | +3.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,140 | €75,007 | -€2,133 | -2.8% |
| Other operating charges | 640/8 | €18,275 | €19,154 | +€880 | +4.8% |
| Gross operating margin | 9900 | €586,315 | €216,081 | -€370,234 | -63.1% |
| Operating profit (loss) | 9901 | €429,107 | €58,088 | -€371,020 | -86.5% |
| Financial income | 75/76B | €0 | €488 | +€488 | |
| Recurring financial income | 75 | €0 | €488 | +€488 | |
| Financial charges | 65/66B | €30,999 | €19,548 | -€11,451 | -36.9% |
| Recurring financial charges | 65 | €30,999 | €19,548 | -€11,451 | -36.9% |
| Profit (loss) for the period before taxes | 9903 | €398,108 | €39,028 | -€359,080 | -90.2% |
| Income taxes | 67/77 | €70,495 | €10,592 | -€59,904 | -85.0% |
| Profit (loss) for the period | 9904 | €327,613 | €28,436 | -€299,176 | -91.3% |
| Profit (loss) for the period to be appropriated | 9905 | €327,613 | €28,436 | -€299,176 | -91.3% |
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 8 October 2026 via checked.be.