LULUAR: 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.
LULUAR
Largest movements
- Intangible fixed assets -€36,800
down €36,800 (-53.2%), from €69,200 to €32,400
- Receivables within one year +€17,384
up €17,384 (+95.6%), from €18,182 to €35,566
of which Trade receivables: +€32,888
- Cash +€5,388
up €5,388 (+128%), from €4,221 to €9,609
mainly Investment in fixed assets (net) (+€26,000) and Trade debts (+€22,837)
- Stocks and contracts +€1,301
up €1,301 (+18.0%), from €7,239 to €8,540
- Other debts -€38,958
down €38,958 (-56.8%), from €68,616 to €29,658
- Trade debts +€22,837
up €22,837 (+572%), from €3,992 to €26,829
- Tax, wage and social debts +€9,086
up €9,086 (+50.7%), from €17,922 to €27,008
of which Remuneration and social security: +€5,705
- Profit (loss) carried forward -€5,787
down €5,787, from €3,407 to -€2,380
- Staff costs +€16,908
up €16,908 (+23.5%), from €71,841 to €88,749
- Gross operating margin +€8,555
up €8,555 (+9.8%), from €87,602 to €96,157
- Other operating charges +€2,086
up €2,086 (+588%), from €355 to €2,441
- Financial charges -€1,245
down €1,245, from €1,199 to -€46
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €98,937 | €86,115 | -€12,822 | -13.0% |
| Fixed assets | 21/28 | €69,200 | €32,400 | -€36,800 | -53.2% |
| Intangible fixed assets | 21 | €69,200 | €32,400 | -€36,800 | -53.2% |
| Current assets | 29/58 | €29,737 | €53,715 | +€23,978 | +80.6% |
| Stocks and contracts in progress | 3 | €7,239 | €8,540 | +€1,301 | +18.0% |
| Stocks | 30/36 | €7,239 | €8,540 | +€1,301 | +18.0% |
| Amounts receivable within one year | 40/41 | €18,182 | €35,566 | +€17,384 | +95.6% |
| Trade receivables | 40 | €2,678 | €35,566 | +€32,888 | +1,228% |
| Other amounts receivable | 41 | €15,504 | - | -€15,504 | |
| Cash at bank and in hand | 54/58 | €4,221 | €9,609 | +€5,388 | +128% |
| Deferred charges and accrued income | 490/1 | €95 | - | -€95 | |
| Total equity and liabilities | 10/49 | €98,937 | €86,115 | -€12,822 | -13.0% |
| Equity | 10/15 | €8,407 | €2,620 | -€5,787 | -68.8% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,407 | -€2,380 | -€5,787 | |
| Amounts payable | 17/49 | €90,530 | €83,495 | -€7,035 | -7.8% |
| Amounts payable within one year | 42/48 | €90,530 | €83,495 | -€7,035 | -7.8% |
| Trade debts | 44 | €3,992 | €26,829 | +€22,837 | +572% |
| Suppliers | 440/4 | €3,992 | €26,829 | +€22,837 | +572% |
| Taxes, remuneration and social security | 45 | €17,922 | €27,008 | +€9,086 | +50.7% |
| Taxes | 450/3 | €454 | €3,835 | +€3,381 | +745% |
| Remuneration and social security | 454/9 | €17,468 | €23,173 | +€5,705 | +32.7% |
| Other amounts payable | 47/48 | €68,616 | €29,658 | -€38,958 | -56.8% |
| Remuneration, social security and pensions | 62 | €71,841 | €88,749 | +€16,908 | +23.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,800 | €10,800 | = | 0.0% |
| Other operating charges | 640/8 | €355 | €2,441 | +€2,086 | +588% |
| Gross operating margin | 9900 | €87,602 | €96,157 | +€8,555 | +9.8% |
| Operating profit (loss) | 9901 | €4,606 | -€5,833 | -€10,439 | |
| Financial charges | 65/66B | €1,199 | -€46 | -€1,245 | |
| Recurring financial charges | 65 | €1,199 | -€46 | -€1,245 | |
| Profit (loss) for the period before taxes | 9903 | €3,407 | -€5,787 | -€9,194 | |
| Profit (loss) for the period | 9904 | €3,407 | -€5,787 | -€9,194 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,407 | -€5,787 | -€9,194 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.