LUBERICK: 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.
LUBERICK
Largest movements
- Cash -€23,926
down €23,926 (-86.5%), from €27,648 to €3,722
mainly Current portion of long-term debt (-€38,156) and Short-term financial debts (-€27,632)
- Tangible fixed assets -€20,726
down €20,726 (-6.2%), from €334,134 to €313,408
- Current portion of long-term debt -€38,156
down €38,156 (-83.7%), from €45,567 to €7,411
- Short-term financial debts -€27,632
down €27,632 (-93.9%), from €29,419 to €1,787
- Reserves +€24,366
up €24,366 (+10.5%), from €232,817 to €257,183
- Debts after one year -€7,965
down €7,965 (-44.0%), from €18,092 to €10,127
of which Financial debts: -€7,411
- Other debts +€5,000
new in 2025: €5,000
- Financial charges -€1,773
down €1,773 (-48.0%), from €3,696 to €1,924
- Other operating charges -€1,039
down €1,039 (-25.7%), from €4,045 to €3,007
- Taxes +€858
up €858 (+11.8%), from €7,264 to €8,122
- Gross operating margin +€619
up €619 (+1.1%), from €57,525 to €58,144
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 | €361,782 | €317,640 | -€44,142 | -12.2% |
| Fixed assets | 21/28 | €334,134 | €313,408 | -€20,726 | -6.2% |
| Tangible fixed assets | 22/27 | €334,134 | €313,408 | -€20,726 | -6.2% |
| Land and buildings | 22 | €334,134 | €313,408 | -€20,726 | -6.2% |
| Current assets | 29/58 | €27,648 | €4,233 | -€23,415 | -84.7% |
| Amounts receivable within one year | 40/41 | €0 | €511 | +€511 | |
| Trade receivables | 40 | - | €511 | +€511 | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €27,648 | €3,722 | -€23,926 | -86.5% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €361,782 | €317,640 | -€44,142 | -12.2% |
| Equity | 10/15 | €251,367 | €275,733 | +€24,366 | +9.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €232,817 | €257,183 | +€24,366 | +10.5% |
| Distributable reserves | 133 | €232,817 | €257,183 | +€24,366 | +10.5% |
| Amounts payable | 17/49 | €110,415 | €41,907 | -€68,508 | -62.0% |
| Amounts payable after more than one year | 17 | €18,092 | €10,127 | -€7,965 | -44.0% |
| Financial debts | 170/4 | €7,411 | €0 | -€7,411 | -100% |
| Other amounts payable | 178/9 | €10,681 | €10,127 | -€554 | -5.2% |
| Amounts payable within one year | 42/48 | €76,647 | €16,037 | -€60,609 | -79.1% |
| Current portion of amounts payable after more than one year | 42 | €45,567 | €7,411 | -€38,156 | -83.7% |
| Financial debts | 43 | €29,419 | €1,787 | -€27,632 | -93.9% |
| Credit institutions | 430/8 | €29,419 | €1,787 | -€27,632 | -93.9% |
| Trade debts | 44 | €501 | €453 | -€48 | -9.6% |
| Suppliers | 440/4 | €501 | €453 | -€48 | -9.6% |
| Taxes, remuneration and social security | 45 | €1,160 | €1,386 | +€227 | +19.5% |
| Taxes | 450/3 | €1,160 | €1,386 | +€227 | +19.5% |
| Other amounts payable | 47/48 | - | €5,000 | +€5,000 | |
| Accrued charges and deferred income | 492/3 | €15,676 | €15,743 | +€67 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,726 | €20,726 | = | 0.0% |
| Other operating charges | 640/8 | €4,045 | €3,007 | -€1,039 | -25.7% |
| Gross operating margin | 9900 | €57,525 | €58,144 | +€619 | +1.1% |
| Operating profit (loss) | 9901 | €32,754 | €34,411 | +€1,658 | +5.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €3,696 | €1,924 | -€1,773 | -48.0% |
| Recurring financial charges | 65 | €3,696 | €1,924 | -€1,773 | -48.0% |
| Profit (loss) for the period before taxes | 9903 | €29,057 | €32,488 | +€3,431 | +11.8% |
| Income taxes | 67/77 | €7,264 | €8,122 | +€858 | +11.8% |
| Profit (loss) for the period | 9904 | €21,793 | €24,366 | +€2,573 | +11.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,793 | €24,366 | +€2,573 | +11.8% |
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 18 October 2026 via checked.be.