LUBRICHIM: 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.
LUBRICHIM
Largest movements
- Current assets -€84,640
down €84,640 (-71.6%), from €118,243 to €33,602
of which Receivables within one year: -€77,717
- Tangible fixed assets -€2,931
down €2,931 (-85.9%), from €3,411 to €480
- Financial fixed assets -€2,400
down €2,400 (-95.2%), from €2,520 to €120
- Debts within one year -€45,588
down €45,588 (-7.4%), from €617,589 to €572,001
- Profit (loss) carried forward -€41,869
down €41,869 (-6.7%), from -€625,390 to -€667,259
- Debts after one year -€2,514
no longer reported in 2019 (was €2,514)
- Gross operating margin +€14,542
up €14,542 (+27.1%), from -€53,591 to -€39,049
- Depreciation -€2,051
down €2,051 (-70.0%), from €2,931 to €880
From the 2018 result to the 2019 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,173 | €34,202 | -€89,971 | -72.5% |
| Fixed assets | 21/28 | €5,931 | €600 | -€5,331 | -89.9% |
| Tangible fixed assets | 22/27 | €3,411 | €480 | -€2,931 | -85.9% |
| Financial fixed assets | 28 | €2,520 | €120 | -€2,400 | -95.2% |
| Current assets | 29/58 | €118,243 | €33,602 | -€84,640 | -71.6% |
| Stocks and contracts in progress | 3 | €10,036 | €4,324 | -€5,712 | -56.9% |
| Amounts receivable within one year | 40/41 | €100,266 | €22,549 | -€77,717 | -77.5% |
| Cash at bank and in hand | 54/58 | €5,410 | €4,928 | -€482 | -8.9% |
| Total equity and liabilities | 10/49 | €124,173 | €34,202 | -€89,971 | -72.5% |
| Equity | 10/15 | -€495,930 | -€537,799 | -€41,869 | -8.4% |
| Contributions | 10/11 | €126,600 | €126,600 | = | 0.0% |
| Reserves | 13 | €2,860 | €2,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€625,390 | -€667,259 | -€41,869 | -6.7% |
| Amounts payable | 17/49 | €620,104 | €572,001 | -€48,102 | -7.8% |
| Amounts payable after more than one year | 17 | €2,514 | - | -€2,514 | |
| Amounts payable within one year | 42/48 | €617,589 | €572,001 | -€45,588 | -7.4% |
| Trade debts | 44 | €38,397 | €10,031 | -€28,367 | -73.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,931 | €880 | -€2,051 | -70.0% |
| Gross operating margin | 9900 | -€53,591 | -€39,049 | +€14,542 | +27.1% |
| Operating profit (loss) | 9901 | -€59,656 | -€40,336 | +€19,320 | +32.4% |
| Recurring financial income | 75 | €866 | €219 | -€647 | -74.8% |
| Recurring financial charges | 65 | €6,621 | €3,639 | -€2,982 | -45.0% |
| Profit (loss) for the period before taxes | 9903 | -€65,411 | -€41,869 | +€23,542 | +36.0% |
| Profit (loss) for the period | 9904 | -€65,411 | -€41,869 | +€23,542 | +36.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€65,411 | -€41,869 | +€23,542 | +36.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.