LUFIMA: 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.
LUFIMA
Largest movements
- Cash -€11,214
down €11,214 (-77.0%), from €14,566 to €3,352
mainly Net result for the year (-€15,817) and Receivables within one year (-€5,668)
- Tangible fixed assets -€8,889
down €8,889 (-48.7%), from €18,263 to €9,374
of which Plant, machinery and equipment: -€8,584
- Stocks and contracts -€7,020
down €7,020 (-17.9%), from €39,136 to €32,115
- Receivables within one year +€5,668
up €5,668 (+7.6%), from €74,448 to €80,116
of which Other amounts receivable: +€4,530
- Deferred charges and accrued income -€2,095
no longer reported in 2025 (was €2,095)
- Reserves -€15,817
down €15,817 (-3.3%), from €478,516 to €462,698
of which Distributable reserves: -€15,817
- Tax, wage and social debts -€4,568
down €4,568 (-92.2%), from €4,954 to €386
- Trade debts -€1,808
down €1,808 (-68.4%), from €2,644 to €836
- Depreciation -€6,248
down €6,248 (-38.4%), from €16,251 to €10,003
- Gross operating margin -€4,594
down €4,594, from €2,287 to -€2,307
- Other operating charges +€753
up €753 (+37.1%), from €2,028 to €2,781
- Financial charges +€505
up €505 (+228%), from €221 to €727
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 | €152,947 | €129,396 | -€23,551 | -15.4% |
| Fixed assets | 21/28 | €22,703 | €13,814 | -€8,889 | -39.2% |
| Tangible fixed assets | 22/27 | €18,263 | €9,374 | -€8,889 | -48.7% |
| Land and buildings | 22 | €457 | €152 | -€305 | -66.7% |
| Plant, machinery and equipment | 23 | €17,805 | €9,221 | -€8,584 | -48.2% |
| Financial fixed assets | 28 | €4,440 | €4,440 | = | 0.0% |
| Current assets | 29/58 | €130,244 | €115,583 | -€14,662 | -11.3% |
| Stocks and contracts in progress | 3 | €39,136 | €32,115 | -€7,020 | -17.9% |
| Stocks | 30/36 | €39,136 | €32,115 | -€7,020 | -17.9% |
| Amounts receivable within one year | 40/41 | €74,448 | €80,116 | +€5,668 | +7.6% |
| Trade receivables | 40 | €1,787 | €2,925 | +€1,138 | +63.7% |
| Other amounts receivable | 41 | €72,661 | €77,191 | +€4,530 | +6.2% |
| Cash at bank and in hand | 54/58 | €14,566 | €3,352 | -€11,214 | -77.0% |
| Deferred charges and accrued income | 490/1 | €2,095 | - | -€2,095 | |
| Total equity and liabilities | 10/49 | €152,947 | €129,396 | -€23,551 | -15.4% |
| Equity | 10/15 | €141,466 | €125,649 | -€15,817 | -11.2% |
| Contributions | 10/11 | €400,000 | €400,000 | = | 0.0% |
| Capital | 10 | €400,000 | €400,000 | = | 0.0% |
| Issued capital | 100 | €400,000 | €400,000 | = | 0.0% |
| Reserves | 13 | €478,516 | €462,698 | -€15,817 | -3.3% |
| Non-distributable reserves | 130/1 | €40,000 | €40,000 | = | 0.0% |
| Legal reserve | 130 | €40,000 | €40,000 | = | 0.0% |
| Distributable reserves | 133 | €438,516 | €422,698 | -€15,817 | -3.6% |
| Profit (loss) carried forward | 14 | -€737,050 | -€737,050 | = | 0.0% |
| Amounts payable | 17/49 | €11,481 | €3,748 | -€7,733 | -67.4% |
| Amounts payable after more than one year | 17 | €2,325 | €940 | -€1,386 | -59.6% |
| Financial debts | 170/4 | €2,325 | €940 | -€1,386 | -59.6% |
| Amounts payable within one year | 42/48 | €9,156 | €2,808 | -€6,348 | -69.3% |
| Current portion of amounts payable after more than one year | 42 | €1,357 | €1,386 | +€28 | +2.1% |
| Trade debts | 44 | €2,644 | €836 | -€1,808 | -68.4% |
| Suppliers | 440/4 | €2,644 | €836 | -€1,808 | -68.4% |
| Taxes, remuneration and social security | 45 | €4,954 | €386 | -€4,568 | -92.2% |
| Taxes | 450/3 | €4,954 | €386 | -€4,568 | -92.2% |
| Other amounts payable | 47/48 | €200 | €200 | = | 0.0% |
| Non-recurring operating income | 76A | €9,042 | - | -€9,042 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,251 | €10,003 | -€6,248 | -38.4% |
| Other operating charges | 640/8 | €2,028 | €2,781 | +€753 | +37.1% |
| Gross operating margin | 9900 | €2,287 | -€2,307 | -€4,594 | |
| Operating profit (loss) | 9901 | -€15,992 | -€15,091 | +€901 | +5.6% |
| Financial income | 75/76B | €2 | €0 | -€2 | -95.0% |
| Recurring financial income | 75 | €2 | €0 | -€2 | -95.0% |
| Financial charges | 65/66B | €221 | €727 | +€505 | +228% |
| Recurring financial charges | 65 | €221 | €727 | +€505 | +228% |
| Profit (loss) for the period before taxes | 9903 | -€16,211 | -€15,817 | +€393 | +2.4% |
| Profit (loss) for the period | 9904 | -€16,211 | -€15,817 | +€393 | +2.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,211 | -€15,817 | +€393 | +2.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.