LUP-DISTRIPAJOT: what changed
LUP-DISTRIPAJOT
Largest movements
- Cash +€29,174
up €29,174 (+20.1%), from €145,457 to €174,631
mainly Investment in fixed assets (net) (+€12,095) and Receivables within one year (+€8,838)
- Tangible fixed assets -€12,311
down €12,311 (-89.4%), from €13,772 to €1,461
- Receivables within one year -€8,838
down €8,838 (-19.2%), from €46,049 to €37,210
of which Trade receivables: -€6,314
- Stocks and contracts +€6,263
up €6,263 (+69.9%), from €8,958 to €15,222
- Other debts +€8,581
up €8,581 (+5.9%), from €145,589 to €154,170
- Trade debts +€3,990
up €3,990 (+10.1%), from €39,608 to €43,598
- Taxes -€2,364
down €2,364 (-83.4%), from €2,835 to €471
- Gross operating margin +€1,818
up €1,818 (+15.7%), from €11,611 to €13,429
- Other operating charges -€853
down €853 (-62.8%), from €1,359 to €506
- Depreciation -€429
down €429 (-66.5%), from €645 to €216
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €240,065 | €252,560 | +€12,495 | +5.2% |
| Fixed assets | 21/28 | €23,772 | €11,461 | -€12,311 | -51.8% |
| Tangible fixed assets | 22/27 | €13,772 | €1,461 | -€12,311 | -89.4% |
| Furniture and vehicles | 24 | €13,772 | €1,461 | -€12,311 | -89.4% |
| Financial fixed assets | 28 | €10,000 | €10,000 | = | 0.0% |
| Current assets | 29/58 | €216,293 | €241,098 | +€24,805 | +11.5% |
| Stocks and contracts in progress | 3 | €8,958 | €15,222 | +€6,263 | +69.9% |
| Stocks | 30/36 | €8,958 | €15,222 | +€6,263 | +69.9% |
| Amounts receivable within one year | 40/41 | €46,049 | €37,210 | -€8,838 | -19.2% |
| Trade receivables | 40 | €41,339 | €35,025 | -€6,314 | -15.3% |
| Other amounts receivable | 41 | €4,710 | €2,186 | -€2,524 | -53.6% |
| Current investments | 50/53 | €14,035 | €14,035 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €145,457 | €174,631 | +€29,174 | +20.1% |
| Deferred charges and accrued income | 490/1 | €1,794 | €0 | -€1,794 | -100% |
| Total equity and liabilities | 10/49 | €240,065 | €252,560 | +€12,495 | +5.2% |
| Equity | 10/15 | €50,948 | €52,060 | +€1,112 | +2.2% |
| Contributions | 10/11 | €8,676 | €8,676 | = | 0.0% |
| Reserves | 13 | €42,244 | €43,344 | +€1,100 | +2.6% |
| Distributable reserves | 133 | €42,244 | €43,344 | +€1,100 | +2.6% |
| Profit (loss) carried forward | 14 | €27 | €40 | +€12 | +44.7% |
| Amounts payable | 17/49 | €189,117 | €200,500 | +€11,383 | +6.0% |
| Amounts payable within one year | 42/48 | €186,817 | €197,875 | +€11,058 | +5.9% |
| Trade debts | 44 | €39,608 | €43,598 | +€3,990 | +10.1% |
| Suppliers | 440/4 | €39,608 | €43,598 | +€3,990 | +10.1% |
| Taxes, remuneration and social security | 45 | €1,620 | €107 | -€1,513 | -93.4% |
| Taxes | 450/3 | €1,620 | €107 | -€1,513 | -93.4% |
| Other amounts payable | 47/48 | €145,589 | €154,170 | +€8,581 | +5.9% |
| Accrued charges and deferred income | 492/3 | €2,300 | €2,625 | +€325 | +14.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €645 | €216 | -€429 | -66.5% |
| Other operating charges | 640/8 | €1,359 | €506 | -€853 | -62.8% |
| Non-recurring operating charges | 66A | - | €11,095 | +€11,095 | |
| Gross operating margin | 9900 | €11,611 | €13,429 | +€1,818 | +15.7% |
| Operating profit (loss) | 9901 | €9,607 | €1,613 | -€7,994 | -83.2% |
| Financial income | 75/76B | €988 | €981 | -€7 | -0.7% |
| Recurring financial income | 75 | €988 | €981 | -€7 | -0.7% |
| Financial charges | 65/66B | €982 | €1,011 | +€29 | +2.9% |
| Recurring financial charges | 65 | €982 | €1,011 | +€29 | +2.9% |
| Profit (loss) for the period before taxes | 9903 | €9,613 | €1,583 | -€8,030 | -83.5% |
| Income taxes | 67/77 | €2,835 | €471 | -€2,364 | -83.4% |
| Profit (loss) for the period | 9904 | €6,777 | €1,112 | -€5,665 | -83.6% |
| Profit (loss) for the period to be appropriated | 9905 | €6,777 | €1,112 | -€5,665 | -83.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.