LUGESCA: what changed
Two fiscal 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.
LUGESCA
Largest movements
- Current investments +€364,061
up €364,061 (+12.0%), from €3.0m to €3.4m
- Profit (loss) carried forward +€316,341
up €316,341 (+10.5%), from €3.0m to €3.3m
- Financial income +€342,466
up €342,466 (+374.3%), from €91,486 to €433,953
- Taxes +€37,073
up €37,073 (+11133.1%), from €333 to €37,406
- Other operating charges +€14,419
up €14,419 (+350.2%), from €4,118 to €18,536
- Financial charges +€10,872
up €10,872 (+441.1%), from €2,465 to €13,337
of which Financial charges: +€9,389
- Gross operating margin -€4,037
down €4,037 (-9.1%), from -€44,296 to -€48,332
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 | €3,137,113 | €3,463,629 | +€326,516 | +10.4% |
| Fixed assets | 21/28 | €2,013 | €2,013 | = | 0.0% |
| Financial fixed assets | 28 | €2,013 | €2,013 | = | 0.0% |
| Current assets | 29/58 | €3,135,100 | €3,461,616 | +€326,516 | +10.4% |
| Amounts receivable within one year | 40/41 | €21,046 | €13,369 | -€7,677 | -36.5% |
| Trade receivables | 40 | €6,389 | €1,290 | -€5,099 | -79.8% |
| Other amounts receivable | 41 | €14,657 | €12,078 | -€2,578 | -17.6% |
| Current investments | 50/53 | €3,036,707 | €3,400,768 | +€364,061 | +12.0% |
| Cash at bank and in hand | 54/58 | €77,147 | €47,345 | -€29,801 | -38.6% |
| Deferred charges and accrued income | 490/1 | €201 | €134 | -€67 | -33.4% |
| Total equity and liabilities | 10/49 | €3,137,113 | €3,463,629 | +€326,516 | +10.4% |
| Equity | 10/15 | €3,126,151 | €3,442,492 | +€316,341 | +10.1% |
| Contributions | 10/11 | €102,500 | €102,500 | = | 0.0% |
| Capital | 10 | €102,500 | €102,500 | = | 0.0% |
| Issued capital | 100 | €102,500 | €102,500 | = | 0.0% |
| Reserves | 13 | €10,250 | €10,250 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,250 | €10,250 | = | 0.0% |
| Legal reserve | 130 | €10,250 | €10,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,013,401 | €3,329,742 | +€316,341 | +10.5% |
| Amounts payable | 17/49 | €10,962 | €21,136 | +€10,175 | +92.8% |
| Amounts payable within one year | 42/48 | €5,626 | €21,136 | +€15,510 | +275.7% |
| Trade debts | 44 | €5,626 | €6,786 | +€1,160 | +20.6% |
| Suppliers | 440/4 | €5,626 | €6,786 | +€1,160 | +20.6% |
| Taxes, remuneration and social security | 45 | - | €14,350 | +€14,350 | |
| Taxes | 450/3 | - | €14,350 | +€14,350 | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €5,335 | €0 | -€5,335 | -100.0% |
| Other operating charges | 640/8 | €4,118 | €18,536 | +€14,419 | +350.2% |
| Gross operating margin | 9900 | -€44,296 | -€48,332 | -€4,037 | -9.1% |
| Operating profit (loss) | 9901 | -€48,413 | -€66,868 | -€18,455 | -38.1% |
| Financial income | 75/76B | €91,486 | €433,953 | +€342,466 | +374.3% |
| Recurring financial income | 75 | €91,486 | €433,953 | +€342,466 | +374.3% |
| Financial charges | 65/66B | €2,465 | €13,337 | +€10,872 | +441.1% |
| Recurring financial charges | 65 | €2,465 | €11,854 | +€9,389 | +380.9% |
| Non-recurring financial charges | 66B | - | €1,483 | +€1,483 | |
| Profit (loss) for the period before taxes | 9903 | €40,608 | €353,747 | +€313,139 | +771.1% |
| Income taxes | 67/77 | €333 | €37,406 | +€37,073 | +11133.1% |
| Profit (loss) for the period | 9904 | €40,275 | €316,341 | +€276,066 | +685.5% |
| Profit (loss) for the period to be appropriated | 9905 | €40,275 | €316,341 | +€276,066 | +685.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.