LUG & CO: 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.
LUG & CO
Largest movements
- Cash +€35,808
up €35,808 (+258.0%), from €13,878 to €49,686
mainly Net result for the year (+€20,220) and Tax, wage and social debts (+€8,121)
- Receivables within one year -€6,893
down €6,893 (-71.1%), from €9,697 to €2,803
of which Other amounts receivable: -€5,632
- Tangible fixed assets -€679
no longer reported in 2025 (was €679)
- Profit (loss) carried forward +€20,220
up €20,220 (+113.7%), from €17,780 to €38,000
- Tax, wage and social debts +€8,121
up €8,121 (+1468.6%), from €553 to €8,674
of which Taxes: +€5,121
- Gross operating margin +€23,204
up €23,204 (+514.9%), from €4,506 to €27,710
- Taxes +€5,121
up €5,121 (+926.1%), from €553 to €5,674
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 | €24,254 | €52,490 | +€28,236 | +116.4% |
| Fixed assets | 21/28 | €679 | - | -€679 | |
| Tangible fixed assets | 22/27 | €679 | - | -€679 | |
| Furniture and vehicles | 24 | €679 | - | -€679 | |
| Current assets | 29/58 | €23,575 | €52,490 | +€28,914 | +122.6% |
| Amounts receivable within one year | 40/41 | €9,697 | €2,803 | -€6,893 | -71.1% |
| Trade receivables | 40 | €2,904 | €1,642 | -€1,262 | -43.4% |
| Other amounts receivable | 41 | €6,793 | €1,161 | -€5,632 | -82.9% |
| Cash at bank and in hand | 54/58 | €13,878 | €49,686 | +€35,808 | +258.0% |
| Total equity and liabilities | 10/49 | €24,254 | €52,490 | +€28,236 | +116.4% |
| Equity | 10/15 | €22,780 | €43,000 | +€20,220 | +88.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €17,780 | €38,000 | +€20,220 | +113.7% |
| Amounts payable | 17/49 | €1,473 | €9,490 | +€8,016 | +544.1% |
| Amounts payable within one year | 42/48 | €1,473 | €9,490 | +€8,016 | +544.1% |
| Trade debts | 44 | €151 | €47 | -€105 | -69.0% |
| Suppliers | 440/4 | €151 | €47 | -€105 | -69.0% |
| Taxes, remuneration and social security | 45 | €553 | €8,674 | +€8,121 | +1468.6% |
| Taxes | 450/3 | €553 | €5,674 | +€5,121 | +926.1% |
| Remuneration and social security | 454/9 | - | €3,000 | +€3,000 | |
| Other amounts payable | 47/48 | €769 | €769 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €182 | +€182 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €814 | €679 | -€135 | -16.6% |
| Gross operating margin | 9900 | €4,506 | €27,710 | +€23,204 | +514.9% |
| Operating profit (loss) | 9901 | €3,692 | €26,850 | +€23,157 | +627.1% |
| Financial income | 75/76B | €20 | €28 | +€9 | +43.9% |
| Recurring financial income | 75 | €20 | €28 | +€9 | +43.9% |
| Financial charges | 65/66B | €1,080 | €985 | -€95 | -8.8% |
| Recurring financial charges | 65 | €1,080 | €985 | -€95 | -8.8% |
| Profit (loss) for the period before taxes | 9903 | €2,632 | €25,893 | +€23,261 | +883.6% |
| Income taxes | 67/77 | €553 | €5,674 | +€5,121 | +926.1% |
| Profit (loss) for the period | 9904 | €2,079 | €20,220 | +€18,140 | +872.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,079 | €20,220 | +€18,140 | +872.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.