Lubo: 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.
Lubo
Largest movements
- Cash +€14,199
up €14,199 (+18.0%), from €79,090 to €93,289
mainly Net result for the year (+€15,767) and Depreciation (+€10,933)
- Tangible fixed assets -€10,933
down €10,933 (-6.7%), from €164,375 to €153,442
of which Land and buildings: -€9,413
- Reserves +€15,767
up €15,767 (+13.6%), from €115,852 to €131,619
- Debts after one year -€9,586
down €9,586 (-8.3%), from €114,826 to €105,240
- Gross operating margin +€2,838
up €2,838 (+8.6%), from €32,901 to €35,739
- Other operating charges -€2,697
down €2,697 (-69.4%), from €3,886 to €1,189
- Taxes +€2,386
up €2,386 (+67.4%), from €3,540 to €5,926
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 | €251,551 | €255,473 | +€3,922 | +1.6% |
| Fixed assets | 21/28 | €164,375 | €153,442 | -€10,933 | -6.7% |
| Tangible fixed assets | 22/27 | €164,375 | €153,442 | -€10,933 | -6.7% |
| Land and buildings | 22 | €155,388 | €145,975 | -€9,413 | -6.1% |
| Plant, machinery and equipment | 23 | €8,987 | €7,467 | -€1,520 | -16.9% |
| Current assets | 29/58 | €87,176 | €102,031 | +€14,855 | +17.0% |
| Amounts receivable within one year | 40/41 | €6,037 | €5,696 | -€341 | -5.7% |
| Trade receivables | 40 | €576 | €576 | = | 0.0% |
| Other amounts receivable | 41 | €5,461 | €5,120 | -€341 | -6.2% |
| Cash at bank and in hand | 54/58 | €79,090 | €93,289 | +€14,199 | +18.0% |
| Deferred charges and accrued income | 490/1 | €2,048 | €3,046 | +€998 | +48.7% |
| Total equity and liabilities | 10/49 | €251,551 | €255,473 | +€3,922 | +1.6% |
| Equity | 10/15 | €122,102 | €137,869 | +€15,767 | +12.9% |
| Contributions | 10/11 | €6,250 | €6,250 | = | 0.0% |
| Reserves | 13 | €115,852 | €131,619 | +€15,767 | +13.6% |
| Distributable reserves | 133 | €115,852 | €131,619 | +€15,767 | +13.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €129,448 | €117,603 | -€11,845 | -9.2% |
| Amounts payable after more than one year | 17 | €114,826 | €105,240 | -€9,586 | -8.3% |
| Financial debts | 170/4 | €114,826 | €105,240 | -€9,586 | -8.3% |
| Amounts payable within one year | 42/48 | €14,623 | €12,363 | -€2,259 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €9,441 | €9,586 | +€144 | +1.5% |
| Trade debts | 44 | €2,909 | €2,374 | -€535 | -18.4% |
| Suppliers | 440/4 | €2,909 | €2,374 | -€535 | -18.4% |
| Taxes, remuneration and social security | 45 | €2,272 | €404 | -€1,869 | -82.2% |
| Taxes | 450/3 | €2,272 | €404 | -€1,869 | -82.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,036 | €10,933 | -€102 | -0.9% |
| Other operating charges | 640/8 | €3,886 | €1,189 | -€2,697 | -69.4% |
| Gross operating margin | 9900 | €32,901 | €35,739 | +€2,838 | +8.6% |
| Operating profit (loss) | 9901 | €17,979 | €23,617 | +€5,638 | +31.4% |
| Financial income | 75/76B | €29 | €101 | +€72 | +250.8% |
| Recurring financial income | 75 | €29 | €101 | +€72 | +250.8% |
| Financial charges | 65/66B | €2,154 | €2,025 | -€129 | -6.0% |
| Recurring financial charges | 65 | €2,154 | €2,025 | -€129 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €15,854 | €21,693 | +€5,839 | +36.8% |
| Income taxes | 67/77 | €3,540 | €5,926 | +€2,386 | +67.4% |
| Profit (loss) for the period | 9904 | €12,314 | €15,767 | +€3,453 | +28.0% |
| Profit (loss) for the period to be appropriated | 9905 | €12,314 | €15,767 | +€3,453 | +28.0% |
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 10 October 2026 via checked.be.