LUGAMIE: 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.
LUGAMIE
Largest movements
- Current investments +€58,954
up €58,954 (+80.5%), from €73,209 to €132,163
- Cash -€53,955
down €53,955 (-19.3%), from €279,055 to €225,100
mainly Contributions, distributions and other (-€490,000) and Current investments (-€58,954)
- Other debts +€212,781
up €212,781 (+30,641%), from €694 to €213,475
- Reserves -€190,956
down €190,956 (-27.8%), from €686,878 to €495,922
- Tax, wage and social debts -€9,301
down €9,301 (-18.0%), from €51,671 to €42,369
- Depreciation +€10,347
up €10,347 (+61.8%), from €16,731 to €27,078
- Financial income -€5,866
down €5,866 (-77.1%), from €7,607 to €1,741
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 | €757,325 | €769,730 | +€12,405 | +1.6% |
| Fixed assets | 21/28 | €364,073 | €369,332 | +€5,260 | +1.4% |
| Tangible fixed assets | 22/27 | €364,073 | €369,332 | +€5,260 | +1.4% |
| Land and buildings | 22 | €303,553 | €323,357 | +€19,804 | +6.5% |
| Plant, machinery and equipment | 23 | €1,359 | €505 | -€854 | -62.9% |
| Furniture and vehicles | 24 | €56,459 | €43,081 | -€13,377 | -23.7% |
| Other tangible fixed assets | 26 | €2,702 | €2,389 | -€312 | -11.6% |
| Current assets | 29/58 | €393,252 | €400,398 | +€7,146 | +1.8% |
| Amounts receivable within one year | 40/41 | €40,021 | €42,065 | +€2,044 | +5.1% |
| Trade receivables | 40 | €37,389 | €38,511 | +€1,122 | +3.0% |
| Other amounts receivable | 41 | €2,632 | €3,554 | +€923 | +35.1% |
| Current investments | 50/53 | €73,209 | €132,163 | +€58,954 | +80.5% |
| Cash at bank and in hand | 54/58 | €279,055 | €225,100 | -€53,955 | -19.3% |
| Deferred charges and accrued income | 490/1 | €968 | €1,070 | +€103 | +10.6% |
| Total equity and liabilities | 10/49 | €757,325 | €769,730 | +€12,405 | +1.6% |
| Equity | 10/15 | €691,878 | €500,922 | -€190,956 | -27.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €686,878 | €495,922 | -€190,956 | -27.8% |
| Distributable reserves | 133 | €686,878 | €495,922 | -€190,956 | -27.8% |
| Amounts payable | 17/49 | €65,447 | €268,808 | +€203,361 | +311% |
| Amounts payable within one year | 42/48 | €54,603 | €257,978 | +€203,375 | +372% |
| Trade debts | 44 | €2,238 | €2,133 | -€104 | -4.7% |
| Suppliers | 440/4 | €2,238 | €2,133 | -€104 | -4.7% |
| Taxes, remuneration and social security | 45 | €51,671 | €42,369 | -€9,301 | -18.0% |
| Taxes | 450/3 | €51,671 | €42,369 | -€9,301 | -18.0% |
| Other amounts payable | 47/48 | €694 | €213,475 | +€212,781 | +30,641% |
| Accrued charges and deferred income | 492/3 | €10,844 | €10,830 | -€14 | -0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,731 | €27,078 | +€10,347 | +61.8% |
| Other operating charges | 640/8 | €67 | €67 | +€0 | +0.1% |
| Gross operating margin | 9900 | €423,126 | €422,536 | -€590 | -0.1% |
| Operating profit (loss) | 9901 | €406,328 | €395,390 | -€10,937 | -2.7% |
| Financial income | 75/76B | €7,607 | €1,741 | -€5,866 | -77.1% |
| Recurring financial income | 75 | €7,607 | €1,741 | -€5,866 | -77.1% |
| Financial charges | 65/66B | €1,025 | €1,135 | +€110 | +10.8% |
| Recurring financial charges | 65 | €1,025 | €1,135 | +€110 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €412,910 | €395,996 | -€16,914 | -4.1% |
| Income taxes | 67/77 | €99,650 | €96,952 | -€2,698 | -2.7% |
| Profit (loss) for the period | 9904 | €313,260 | €299,044 | -€14,216 | -4.5% |
| Profit (loss) for the period to be appropriated | 9905 | €313,260 | €299,044 | -€14,216 | -4.5% |
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 31 October 2026 via checked.be.