LUGUS STUDIOS: 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.
LUGUS STUDIOS
Largest movements
- Cash +€574,178
up €574,178 (+66.5%), from €863,377 to €1.4m
mainly Net result for the year (+€838,670) and Other debts (+€625,294)
- Receivables within one year +€284,990
up €284,990 (+510%), from €55,845 to €340,835
of which Trade receivables: +€162,378
- Financial fixed assets +€133,728
up €133,728 (+64.6%), from €207,026 to €340,754
- Deferred charges and accrued income -€120,108
down €120,108 (-91.8%), from €130,802 to €10,695
- Other debts +€625,294
up €625,294 (+546%), from €114,613 to €739,908
- Reserves +€107,670
up €107,670 (+10.7%), from €1.0m to €1.1m
of which Distributable reserves: +€107,670
- Short-term financial debts +€97,627
up €97,627 (+149%), from €65,440 to €163,067
- Accrued charges and deferred income +€77,650
up €77,650 (+665%), from €11,677 to €89,328
- Tax, wage and social debts -€48,128
down €48,128 (-32.7%), from €146,975 to €98,847
of which Taxes: -€54,141
- Gross operating margin +€458,128
up €458,128 (+46.6%), from €982,536 to €1.4m
- Staff costs +€39,236
up €39,236 (+11.3%), from €346,802 to €386,037
- Taxes +€30,223
up €30,223 (+17.2%), from €175,482 to €205,705
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 | €1,362,615 | €2,223,547 | +€860,932 | +63.2% |
| Fixed assets | 21/28 | €312,590 | €434,462 | +€121,872 | +39.0% |
| Intangible fixed assets | 21 | €1,379 | €436 | -€943 | -68.4% |
| Tangible fixed assets | 22/27 | €104,186 | €93,272 | -€10,914 | -10.5% |
| Plant, machinery and equipment | 23 | €3,602 | €1,912 | -€1,690 | -46.9% |
| Furniture and vehicles | 24 | €12,023 | €11,847 | -€176 | -1.5% |
| Other tangible fixed assets | 26 | €88,562 | €79,513 | -€9,048 | -10.2% |
| Financial fixed assets | 28 | €207,026 | €340,754 | +€133,728 | +64.6% |
| Current assets | 29/58 | €1,050,024 | €1,789,085 | +€739,060 | +70.4% |
| Amounts receivable within one year | 40/41 | €55,845 | €340,835 | +€284,990 | +510% |
| Trade receivables | 40 | €10,878 | €173,257 | +€162,378 | +1,493% |
| Other amounts receivable | 41 | €44,967 | €167,579 | +€122,611 | +273% |
| Cash at bank and in hand | 54/58 | €863,377 | €1,437,555 | +€574,178 | +66.5% |
| Deferred charges and accrued income | 490/1 | €130,802 | €10,695 | -€120,108 | -91.8% |
| Total equity and liabilities | 10/49 | €1,362,615 | €2,223,547 | +€860,932 | +63.2% |
| Equity | 10/15 | €1,016,072 | €1,123,742 | +€107,670 | +10.6% |
| Contributions | 10/11 | €10,400 | €10,400 | = | 0.0% |
| Reserves | 13 | €1,005,672 | €1,113,342 | +€107,670 | +10.7% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,005,672 | €1,113,342 | +€107,670 | +10.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €346,542 | €1,099,805 | +€753,262 | +217% |
| Amounts payable within one year | 42/48 | €334,865 | €1,010,477 | +€675,612 | +202% |
| Financial debts | 43 | €65,440 | €163,067 | +€97,627 | +149% |
| Credit institutions | 430/8 | €65,440 | €163,067 | +€97,627 | +149% |
| Trade debts | 44 | €7,837 | €8,656 | +€819 | +10.5% |
| Suppliers | 440/4 | €7,837 | €8,656 | +€819 | +10.5% |
| Taxes, remuneration and social security | 45 | €146,975 | €98,847 | -€48,128 | -32.7% |
| Taxes | 450/3 | €65,129 | €10,988 | -€54,141 | -83.1% |
| Remuneration and social security | 454/9 | €81,847 | €87,859 | +€6,012 | +7.3% |
| Other amounts payable | 47/48 | €114,613 | €739,908 | +€625,294 | +546% |
| Accrued charges and deferred income | 492/3 | €11,677 | €89,328 | +€77,650 | +665% |
| Non-recurring operating income | 76A | €6,612 | €0 | -€6,612 | -100% |
| Remuneration, social security and pensions | 62 | €346,802 | €386,037 | +€39,236 | +11.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,299 | €17,923 | +€8,624 | +92.7% |
| Other operating charges | 640/8 | €6,278 | €1,174 | -€5,104 | -81.3% |
| Non-recurring operating charges | 66A | €0 | €819 | +€819 | |
| Gross operating margin | 9900 | €982,536 | €1,440,664 | +€458,128 | +46.6% |
| Operating profit (loss) | 9901 | €620,158 | €1,034,711 | +€414,553 | +66.8% |
| Financial income | 75/76B | €5,747 | €14,421 | +€8,674 | +151% |
| Recurring financial income | 75 | €5,747 | €14,421 | +€8,674 | +151% |
| Financial charges | 65/66B | €3,825 | €4,757 | +€932 | +24.4% |
| Recurring financial charges | 65 | €3,825 | €4,757 | +€932 | +24.4% |
| Profit (loss) for the period before taxes | 9903 | €622,080 | €1,044,375 | +€422,295 | +67.9% |
| Income taxes | 67/77 | €175,482 | €205,705 | +€30,223 | +17.2% |
| Profit (loss) for the period | 9904 | €446,598 | €838,670 | +€392,072 | +87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €446,598 | €838,670 | +€392,072 | +87.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.