LUBRICANTS SERVICES: 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.
LUBRICANTS SERVICES
Largest movements
- Cash +€57,940
up €57,940 (+111%), from €52,272 to €110,211
mainly Net result for the year (+€65,528) and Depreciation (+€15,659)
- Tangible fixed assets -€15,659
down €15,659 (-34.1%), from €45,893 to €30,234
of which Leasing and similar rights: -€13,113
- Receivables within one year +€12,294
up €12,294 (+14.3%), from €85,753 to €98,047
of which Other amounts receivable: +€9,237
- Receivables after one year -€8,800
down €8,800 (-12.8%), from €68,800 to €60,000
- Stocks and contracts +€7,350
up €7,350 (+11.8%), from €62,464 to €69,814
- Reserves +€56,261
up €56,261 (+27.8%), from €202,648 to €258,909
- Debts after one year -€15,004
down €15,004 (-58.0%), from €25,851 to €10,847
- Other debts +€10,000
up €10,000 (+25.0%), from €40,000 to €50,000
- Taxes +€7,636
up €7,636 (+99.7%), from €7,663 to €15,299
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 | €319,719 | €373,105 | +€53,386 | +16.7% |
| Fixed assets | 21/28 | €45,893 | €30,234 | -€15,659 | -34.1% |
| Tangible fixed assets | 22/27 | €45,893 | €30,234 | -€15,659 | -34.1% |
| Plant, machinery and equipment | 23 | €1,683 | €1,474 | -€209 | -12.4% |
| Furniture and vehicles | 24 | €2,660 | €479 | -€2,182 | -82.0% |
| Leasing and similar rights | 25 | €40,668 | €27,555 | -€13,113 | -32.2% |
| Other tangible fixed assets | 26 | €882 | €727 | -€155 | -17.6% |
| Current assets | 29/58 | €273,826 | €342,870 | +€69,045 | +25.2% |
| Amounts receivable after more than one year | 29 | €68,800 | €60,000 | -€8,800 | -12.8% |
| Other amounts receivable | 291 | €68,800 | €60,000 | -€8,800 | -12.8% |
| Stocks and contracts in progress | 3 | €62,464 | €69,814 | +€7,350 | +11.8% |
| Stocks | 30/36 | €62,464 | €69,814 | +€7,350 | +11.8% |
| Amounts receivable within one year | 40/41 | €85,753 | €98,047 | +€12,294 | +14.3% |
| Trade receivables | 40 | €57,263 | €60,320 | +€3,058 | +5.3% |
| Other amounts receivable | 41 | €28,490 | €37,727 | +€9,237 | +32.4% |
| Cash at bank and in hand | 54/58 | €52,272 | €110,211 | +€57,940 | +111% |
| Deferred charges and accrued income | 490/1 | €4,537 | €4,797 | +€260 | +5.7% |
| Total equity and liabilities | 10/49 | €319,719 | €373,105 | +€53,386 | +16.7% |
| Equity | 10/15 | €235,084 | €291,346 | +€56,261 | +23.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €202,648 | €258,909 | +€56,261 | +27.8% |
| Distributable reserves | 133 | €202,648 | €258,909 | +€56,261 | +27.8% |
| Profit (loss) carried forward | 14 | €26,237 | €26,237 | = | 0.0% |
| Amounts payable | 17/49 | €84,634 | €81,759 | -€2,875 | -3.4% |
| Amounts payable after more than one year | 17 | €25,851 | €10,847 | -€15,004 | -58.0% |
| Financial debts | 170/4 | €25,851 | €10,847 | -€15,004 | -58.0% |
| Amounts payable within one year | 42/48 | €58,783 | €70,912 | +€12,129 | +20.6% |
| Current portion of amounts payable after more than one year | 42 | €14,273 | €15,004 | +€731 | +5.1% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €777 | €2,346 | +€1,569 | +202% |
| Suppliers | 440/4 | €777 | €2,346 | +€1,569 | +202% |
| Taxes, remuneration and social security | 45 | €3,733 | €3,562 | -€172 | -4.6% |
| Taxes | 450/3 | €3,733 | €3,562 | -€172 | -4.6% |
| Other amounts payable | 47/48 | €40,000 | €50,000 | +€10,000 | +25.0% |
| Non-recurring operating income | 76A | €33,500 | €33,500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,659 | €15,659 | +€0 | 0.0% |
| Gross operating margin | 9900 | €96,517 | €96,449 | -€68 | -0.1% |
| Operating profit (loss) | 9901 | €80,859 | €80,790 | -€69 | -0.1% |
| Financial income | 75/76B | €3,046 | €2,971 | -€75 | -2.5% |
| Recurring financial income | 75 | €3,046 | €2,971 | -€75 | -2.5% |
| Financial charges | 65/66B | €3,662 | €2,935 | -€727 | -19.9% |
| Recurring financial charges | 65 | €3,662 | €2,935 | -€727 | -19.9% |
| Profit (loss) for the period before taxes | 9903 | €80,243 | €80,827 | +€584 | +0.7% |
| Income taxes | 67/77 | €7,663 | €15,299 | +€7,636 | +99.7% |
| Profit (loss) for the period | 9904 | €72,580 | €65,528 | -€7,052 | -9.7% |
| Profit (loss) for the period to be appropriated | 9905 | €72,580 | €65,528 | -€7,052 | -9.7% |
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 23 October 2026 via checked.be.