LUGUS IT: 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.
LUGUS IT
Largest movements
- Cash +€43,237
up €43,237 (+42.5%), from €101,700 to €144,937
mainly Net result for the year (+€76,024) and Receivables within one year (+€18,569)
- Receivables within one year -€18,569
down €18,569 (-94.6%), from €19,637 to €1,068
of which Trade receivables: -€19,637
- Deferred charges and accrued income +€15,747
up €15,747 (+942.8%), from €1,670 to €17,417
- Tangible fixed assets +€6,554
up €6,554 (+98.4%), from €6,662 to €13,217
of which Furniture and vehicles: +€3,494
- Profit (loss) carried forward +€75,191
up €75,191 (+86.4%), from €87,071 to €162,262
- Tax, wage and social debts -€28,334
down €28,334 (-76.8%), from €36,887 to €8,554
of which Taxes: -€28,484
- Gross operating margin -€10,881
down €10,881 (-9.6%), from €113,656 to €102,775
- Taxes -€3,397
down €3,397 (-14.5%), from €23,466 to €20,068
- Depreciation +€2,400
up €2,400 (+665.4%), from €361 to €2,760
- Financial charges +€1,986
up €1,986 (+102.5%), from €1,938 to €3,923
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 | €129,670 | €176,639 | +€46,969 | +36.2% |
| Fixed assets | 21/28 | €6,662 | €13,217 | +€6,554 | +98.4% |
| Tangible fixed assets | 22/27 | €6,662 | €13,217 | +€6,554 | +98.4% |
| Furniture and vehicles | 24 | €3,730 | €7,224 | +€3,494 | +93.7% |
| Other tangible fixed assets | 26 | €2,933 | €5,993 | +€3,060 | +104.3% |
| Current assets | 29/58 | €123,007 | €163,422 | +€40,415 | +32.9% |
| Amounts receivable within one year | 40/41 | €19,637 | €1,068 | -€18,569 | -94.6% |
| Trade receivables | 40 | €19,637 | - | -€19,637 | |
| Other amounts receivable | 41 | - | €1,068 | +€1,068 | |
| Cash at bank and in hand | 54/58 | €101,700 | €144,937 | +€43,237 | +42.5% |
| Deferred charges and accrued income | 490/1 | €1,670 | €17,417 | +€15,747 | +942.8% |
| Total equity and liabilities | 10/49 | €129,670 | €176,639 | +€46,969 | +36.2% |
| Equity | 10/15 | €87,571 | €162,762 | +€75,191 | +85.9% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €87,071 | €162,262 | +€75,191 | +86.4% |
| Amounts payable | 17/49 | €42,099 | €13,877 | -€28,222 | -67.0% |
| Amounts payable within one year | 42/48 | €42,099 | €13,877 | -€28,222 | -67.0% |
| Trade debts | 44 | €3,999 | €4,024 | +€25 | +0.6% |
| Suppliers | 440/4 | €3,999 | €4,024 | +€25 | +0.6% |
| Taxes, remuneration and social security | 45 | €36,887 | €8,554 | -€28,334 | -76.8% |
| Taxes | 450/3 | €34,612 | €6,129 | -€28,484 | -82.3% |
| Remuneration and social security | 454/9 | €2,275 | €2,425 | +€150 | +6.6% |
| Other amounts payable | 47/48 | €1,212 | €1,299 | +€87 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €361 | €2,760 | +€2,400 | +665.4% |
| Gross operating margin | 9900 | €113,656 | €102,775 | -€10,881 | -9.6% |
| Operating profit (loss) | 9901 | €113,295 | €100,015 | -€13,280 | -11.7% |
| Financial income | 75/76B | €38 | - | -€38 | |
| Recurring financial income | 75 | €38 | - | -€38 | |
| Financial charges | 65/66B | €1,938 | €3,923 | +€1,986 | +102.5% |
| Recurring financial charges | 65 | €1,938 | €3,923 | +€1,986 | +102.5% |
| Profit (loss) for the period before taxes | 9903 | €111,396 | €96,092 | -€15,304 | -13.7% |
| Income taxes | 67/77 | €23,466 | €20,068 | -€3,397 | -14.5% |
| Profit (loss) for the period | 9904 | €87,930 | €76,024 | -€11,906 | -13.5% |
| Profit (loss) for the period to be appropriated | 9905 | €87,930 | €76,024 | -€11,906 | -13.5% |
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 7 October 2026 via checked.be.