Lugerco: 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.
Lugerco
Largest movements
- Tangible fixed assets +€16,306
up €16,306 (+103.3%), from €15,784 to €32,091
of which Furniture and vehicles: +€13,924
- Receivables within one year +€8,124
up €8,124 (+11.6%), from €69,825 to €77,948
of which Other amounts receivable: +€5,222
- Reserves +€22,949
up €22,949 (+5.8%), from €392,943 to €415,893
- Tax, wage and social debts +€5,041
up €5,041 (+55.4%), from €9,098 to €14,139
- Gross operating margin -€178,409
down €178,409 (-82.6%), from €215,987 to €37,578
- Taxes -€47,321
down €47,321 (-80.7%), from €58,660 to €11,339
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 | €424,521 | €451,683 | +€27,162 | +6.4% |
| Fixed assets | 21/28 | €15,784 | €32,091 | +€16,306 | +103.3% |
| Tangible fixed assets | 22/27 | €15,784 | €32,091 | +€16,306 | +103.3% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €15,784 | €18,166 | +€2,382 | +15.1% |
| Furniture and vehicles | 24 | €0 | €13,924 | +€13,924 | |
| Current assets | 29/58 | €408,737 | €419,592 | +€10,856 | +2.7% |
| Amounts receivable within one year | 40/41 | €69,825 | €77,948 | +€8,124 | +11.6% |
| Trade receivables | 40 | €30,896 | €33,797 | +€2,901 | +9.4% |
| Other amounts receivable | 41 | €38,929 | €44,151 | +€5,222 | +13.4% |
| Cash at bank and in hand | 54/58 | €338,912 | €341,644 | +€2,732 | +0.8% |
| Total equity and liabilities | 10/49 | €424,521 | €451,683 | +€27,162 | +6.4% |
| Equity | 10/15 | €412,943 | €435,893 | +€22,949 | +5.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €392,943 | €415,893 | +€22,949 | +5.8% |
| Distributable reserves | 133 | €392,943 | €415,893 | +€22,949 | +5.8% |
| Amounts payable | 17/49 | €11,578 | €15,790 | +€4,213 | +36.4% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €11,578 | €15,790 | +€4,213 | +36.4% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,480 | €1,651 | -€829 | -33.4% |
| Suppliers | 440/4 | €2,480 | €1,651 | -€829 | -33.4% |
| Taxes, remuneration and social security | 45 | €9,098 | €14,139 | +€5,041 | +55.4% |
| Taxes | 450/3 | €9,098 | €14,139 | +€5,041 | +55.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,827 | €3,861 | +€1,035 | +36.6% |
| Other operating charges | 640/8 | €3,144 | €2,746 | -€399 | -12.7% |
| Non-recurring operating charges | 66A | €28,396 | €0 | -€28,396 | -100.0% |
| Gross operating margin | 9900 | €215,987 | €37,578 | -€178,409 | -82.6% |
| Operating profit (loss) | 9901 | €181,621 | €30,971 | -€150,649 | -82.9% |
| Financial income | 75/76B | €2,475 | €3,433 | +€958 | +38.7% |
| Recurring financial income | 75 | €2,475 | €3,433 | +€958 | +38.7% |
| Financial charges | 65/66B | €861 | €115 | -€746 | -86.6% |
| Recurring financial charges | 65 | €861 | €115 | -€746 | -86.6% |
| Profit (loss) for the period before taxes | 9903 | €183,234 | €34,288 | -€148,946 | -81.3% |
| Transfer from deferred taxes | 780 | €0 | - | = | |
| Income taxes | 67/77 | €58,660 | €11,339 | -€47,321 | -80.7% |
| Profit (loss) for the period | 9904 | €124,574 | €22,949 | -€101,625 | -81.6% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €124,574 | €22,949 | -€101,625 | -81.6% |
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 12 October 2026 via checked.be.