LUGICHA: 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.
LUGICHA
Largest movements
- Tangible fixed assets -€23,043
down €23,043 (-6.0%), from €386,166 to €363,122
- Debts after one year -€15,541
down €15,541 (-7.8%), from €198,943 to €183,402
- Profit (loss) carried forward -€14,827
down €14,827 (-32.4%), from -€45,732 to -€60,558
- Other debts +€6,708
up €6,708 (+13.4%), from €50,138 to €56,846
- Gross operating margin -€14,960
down €14,960 (-44.9%), from €33,346 to €18,386
- Financial charges -€435
down €435 (-6.6%), from €6,645 to €6,209
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 | €394,288 | €372,524 | -€21,764 | -5.5% |
| Fixed assets | 21/28 | €386,314 | €363,271 | -€23,043 | -6.0% |
| Tangible fixed assets | 22/27 | €386,166 | €363,122 | -€23,043 | -6.0% |
| Land and buildings | 22 | €386,166 | €363,122 | -€23,043 | -6.0% |
| Financial fixed assets | 28 | €149 | €149 | = | 0.0% |
| Current assets | 29/58 | €7,974 | €9,253 | +€1,279 | +16.0% |
| Amounts receivable within one year | 40/41 | - | €1,265 | +€1,265 | |
| Trade receivables | 40 | - | €1,265 | +€1,265 | |
| Cash at bank and in hand | 54/58 | €7,974 | €7,988 | +€14 | +0.2% |
| Total equity and liabilities | 10/49 | €394,288 | €372,524 | -€21,764 | -5.5% |
| Equity | 10/15 | €90,234 | €75,408 | -€14,827 | -16.4% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €117,374 | €117,374 | = | 0.0% |
| Non-distributable reserves | 130/1 | €372 | €372 | = | 0.0% |
| Reserves not available under the articles | 1311 | €372 | €372 | = | 0.0% |
| Tax-exempt reserves | 132 | €117,002 | €117,002 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,732 | -€60,558 | -€14,827 | -32.4% |
| Provisions and deferred taxes | 16 | €39,001 | €39,001 | = | 0.0% |
| Deferred taxes | 168 | €39,001 | €39,001 | = | 0.0% |
| Amounts payable | 17/49 | €265,053 | €258,116 | -€6,937 | -2.6% |
| Amounts payable after more than one year | 17 | €198,943 | €183,402 | -€15,541 | -7.8% |
| Financial debts | 170/4 | €198,943 | €183,402 | -€15,541 | -7.8% |
| Amounts payable within one year | 42/48 | €66,111 | €74,195 | +€8,084 | +12.2% |
| Current portion of amounts payable after more than one year | 42 | €15,090 | €15,541 | +€451 | +3.0% |
| Trade debts | 44 | €883 | €1,808 | +€925 | +104.8% |
| Suppliers | 440/4 | €883 | €1,808 | +€925 | +104.8% |
| Other amounts payable | 47/48 | €50,138 | €56,846 | +€6,708 | +13.4% |
| Accrued charges and deferred income | 492/3 | - | €519 | +€519 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,043 | €23,043 | = | 0.0% |
| Other operating charges | 640/8 | €3,830 | €3,960 | +€130 | +3.4% |
| Gross operating margin | 9900 | €33,346 | €18,386 | -€14,960 | -44.9% |
| Operating profit (loss) | 9901 | €6,472 | -€8,617 | -€15,090 | |
| Financial income | 75/76B | €0 | €0 | -€0 | -37.5% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -37.5% |
| Financial charges | 65/66B | €6,645 | €6,209 | -€435 | -6.6% |
| Recurring financial charges | 65 | €6,645 | €6,209 | -€435 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | -€172 | -€14,827 | -€14,654 | -8513.1% |
| Profit (loss) for the period | 9904 | -€172 | -€14,827 | -€14,654 | -8513.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€172 | -€14,827 | -€14,654 | -8513.1% |
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 2 October 2026 via checked.be.