LUBRI GROUP: what changed
What changed
LUBRI GROUP
NACE 20.590, Manufacture of chemicals and chemical products
filed annual accounts (NBB)
Net result for the year
€139,494
2024 · €55,226+€84,268
Equity
€557,956
2024 · €418,462+€139,494
Cash
€52,966
2024 · €43,257+€9,709
Balance sheet total
€1.1m
2024 · €959,958+€109,799
Largest movements
Assets
- Receivables after one year +€300,000
new in 2025: €300,000
- Stocks and contracts -€140,168
down €140,168 (-32.3%), from €433,868 to €293,700
- Tangible fixed assets -€44,650
down €44,650 (-47.8%), from €93,399 to €48,749
of which Furniture and vehicles: -€22,333
- Receivables within one year -€40,433
down €40,433 (-11.0%), from €368,311 to €327,878
of which Other amounts receivable: -€102,130
- Current investments +€34,024
up €34,024 (+1,353%), from €2,515 to €36,540
Equity and liabilities
- Profit (loss) carried forward +€139,494
up €139,494 (+39.8%), from €350,291 to €489,786
- Trade debts -€20,677
down €20,677 (-29.6%), from €69,774 to €49,097
Income statement
- Gross operating margin +€76,088
up €76,088 (+17.1%), from €445,454 to €521,542
- Financial income +€6,148
up €6,148 (+207%), from €2,970 to €9,118
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€55,226
Gross operating margin
+€76,088
Staff costs
+€82
Depreciation
+€1,012
Other operating charges
+€125
Financial income
+€6,148
Financial charges
+€876
Taxes
-€62
Result 2025
€139,494
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€53,382
Investment
-€34,024
Financing
-€9,649
Cash 2024
€43,257
From operations (derived)
+€53,382
Net result for the year
+€139,494
Depreciation
+€52,650
Receivables after one year
-€300,000
Stocks and contracts
+€140,168
Receivables within one year
+€40,433
Deferred charges and accrued income
+€683
Trade debts
-€20,677
Tax, wage and social debts
+€1,825
Other debts
-€1,195
Investment (derived)
-€34,024
Current investments
-€34,024
Financing
-€9,649
Debts after one year
-€2,245
Current portion of long-term debt
-€7,403
Cash 2025
€52,966
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €959,958 | €1,069,757 | +€109,799 | +11.4% |
| Fixed assets | 21/28 | €105,344 | €52,694 | -€52,650 | -50.0% |
| Intangible fixed assets | 21 | €11,945 | €3,945 | -€8,000 | -67.0% |
| Tangible fixed assets | 22/27 | €93,399 | €48,749 | -€44,650 | -47.8% |
| Land and buildings | 22 | €52,387 | €34,925 | -€17,462 | -33.3% |
| Plant, machinery and equipment | 23 | €7,062 | €2,208 | -€4,854 | -68.7% |
| Furniture and vehicles | 24 | €33,950 | €11,617 | -€22,333 | -65.8% |
| Current assets | 29/58 | €854,613 | €1,017,062 | +€162,449 | +19.0% |
| Amounts receivable after more than one year | 29 | - | €300,000 | +€300,000 | |
| Other amounts receivable | 291 | - | €300,000 | +€300,000 | |
| Stocks and contracts in progress | 3 | €433,868 | €293,700 | -€140,168 | -32.3% |
| Stocks | 30/36 | €433,868 | €293,700 | -€140,168 | -32.3% |
| Amounts receivable within one year | 40/41 | €368,311 | €327,878 | -€40,433 | -11.0% |
| Trade receivables | 40 | €222,071 | €283,768 | +€61,697 | +27.8% |
| Other amounts receivable | 41 | €146,240 | €44,110 | -€102,130 | -69.8% |
| Current investments | 50/53 | €2,515 | €36,540 | +€34,024 | +1,353% |
| Cash at bank and in hand | 54/58 | €43,257 | €52,966 | +€9,709 | +22.4% |
| Deferred charges and accrued income | 490/1 | €6,662 | €5,979 | -€683 | -10.3% |
| Total equity and liabilities | 10/49 | €959,958 | €1,069,757 | +€109,799 | +11.4% |
| Equity | 10/15 | €418,462 | €557,956 | +€139,494 | +33.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | €350,291 | €489,786 | +€139,494 | +39.8% |
| Amounts payable | 17/49 | €541,496 | €511,800 | -€29,695 | -5.5% |
| Amounts payable after more than one year | 17 | €392,245 | €390,000 | -€2,245 | -0.6% |
| Financial debts | 170/4 | €2,245 | - | -€2,245 | |
| Other amounts payable | 178/9 | €390,000 | €390,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €149,250 | €121,800 | -€27,450 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €9,649 | €2,245 | -€7,403 | -76.7% |
| Trade debts | 44 | €69,774 | €49,097 | -€20,677 | -29.6% |
| Suppliers | 440/4 | €69,774 | €49,097 | -€20,677 | -29.6% |
| Taxes, remuneration and social security | 45 | €61,727 | €63,553 | +€1,825 | +3.0% |
| Taxes | 450/3 | €13,877 | €15,887 | +€2,010 | +14.5% |
| Remuneration and social security | 454/9 | €47,850 | €47,665 | -€185 | -0.4% |
| Other amounts payable | 47/48 | €8,100 | €6,905 | -€1,195 | -14.7% |
| Remuneration, social security and pensions | 62 | €315,063 | €314,980 | -€82 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €53,662 | €52,650 | -€1,012 | -1.9% |
| Other operating charges | 640/8 | €22,179 | €22,055 | -€125 | -0.6% |
| Gross operating margin | 9900 | €445,454 | €521,542 | +€76,088 | +17.1% |
| Operating profit (loss) | 9901 | €54,550 | €131,857 | +€77,307 | +142% |
| Financial income | 75/76B | €2,970 | €9,118 | +€6,148 | +207% |
| Recurring financial income | 75 | €2,970 | €9,118 | +€6,148 | +207% |
| Financial charges | 65/66B | €1,377 | €502 | -€876 | -63.6% |
| Recurring financial charges | 65 | €1,377 | €502 | -€876 | -63.6% |
| Profit (loss) for the period before taxes | 9903 | €56,143 | €140,474 | +€84,331 | +150% |
| Income taxes | 67/77 | €917 | €979 | +€62 | +6.8% |
| Profit (loss) for the period | 9904 | €55,226 | €139,494 | +€84,268 | +153% |
| Profit (loss) for the period to be appropriated | 9905 | €55,226 | €139,494 | +€84,268 | +153% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.