LUPCLIM: 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.
LUPCLIM
Largest movements
- Cash +€216,727
up €216,727 (+1,253%), from €17,291 to €234,018
mainly Net result for the year (+€133,242) and Tax, wage and social debts (+€46,110)
- Receivables within one year -€39,220
down €39,220 (-56.7%), from €69,232 to €30,012
of which Trade receivables: -€38,850
- Tangible fixed assets -€22,822
down €22,822 (-27.4%), from €83,410 to €60,589
of which Furniture and vehicles: -€21,921
- Profit (loss) carried forward +€62,654
up €62,654 (+93.2%), from €67,215 to €129,868
- Tax, wage and social debts +€46,110
up €46,110 (+144%), from €32,017 to €78,127
of which Taxes: +€46,810
- Trade debts +€23,556
up €23,556 (+131%), from €17,964 to €41,520
- Other debts +€22,366
up €22,366 (+42.6%), from €52,500 to €74,866
- Gross operating margin +€182,883
up €182,883 (+126%), from €145,603 to €328,486
- Taxes +€50,873
up €50,873 (+768%), from €6,626 to €57,498
- Other operating charges +€20,365
up €20,365 (+177%), from €11,511 to €31,876
- Staff costs +€8,324
up €8,324 (+11.7%), from €70,865 to €79,188
- Depreciation +€7,373
up €7,373 (+80.3%), from €9,178 to €16,551
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 | €172,696 | €327,381 | +€154,685 | +89.6% |
| Fixed assets | 21/28 | €86,172 | €63,351 | -€22,822 | -26.5% |
| Tangible fixed assets | 22/27 | €83,410 | €60,589 | -€22,822 | -27.4% |
| Land and buildings | 22 | €21,342 | €19,370 | -€1,972 | -9.2% |
| Plant, machinery and equipment | 23 | €13,328 | €14,399 | +€1,070 | +8.0% |
| Furniture and vehicles | 24 | €48,741 | €26,820 | -€21,921 | -45.0% |
| Financial fixed assets | 28 | €2,762 | €2,762 | = | 0.0% |
| Current assets | 29/58 | €86,523 | €264,030 | +€177,507 | +205% |
| Amounts receivable within one year | 40/41 | €69,232 | €30,012 | -€39,220 | -56.7% |
| Trade receivables | 40 | €63,670 | €24,820 | -€38,850 | -61.0% |
| Other amounts receivable | 41 | €5,562 | €5,192 | -€370 | -6.7% |
| Cash at bank and in hand | 54/58 | €17,291 | €234,018 | +€216,727 | +1,253% |
| Total equity and liabilities | 10/49 | €172,696 | €327,381 | +€154,685 | +89.6% |
| Equity | 10/15 | €70,215 | €132,868 | +€62,654 | +89.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €67,215 | €129,868 | +€62,654 | +93.2% |
| Amounts payable | 17/49 | €102,481 | €194,512 | +€92,031 | +89.8% |
| Amounts payable within one year | 42/48 | €102,481 | €194,512 | +€92,031 | +89.8% |
| Trade debts | 44 | €17,964 | €41,520 | +€23,556 | +131% |
| Suppliers | 440/4 | €17,964 | €41,520 | +€23,556 | +131% |
| Taxes, remuneration and social security | 45 | €32,017 | €78,127 | +€46,110 | +144% |
| Taxes | 450/3 | €21,313 | €68,123 | +€46,810 | +220% |
| Remuneration and social security | 454/9 | €10,704 | €10,004 | -€700 | -6.5% |
| Other amounts payable | 47/48 | €52,500 | €74,866 | +€22,366 | +42.6% |
| Non-recurring operating income | 76A | - | €579 | +€579 | |
| Remuneration, social security and pensions | 62 | €70,865 | €79,188 | +€8,324 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,178 | €16,551 | +€7,373 | +80.3% |
| Other operating charges | 640/8 | €11,511 | €31,876 | +€20,365 | +177% |
| Non-recurring operating charges | 66A | - | €9,340 | +€9,340 | |
| Gross operating margin | 9900 | €145,603 | €328,486 | +€182,883 | +126% |
| Operating profit (loss) | 9901 | €54,049 | €191,530 | +€137,481 | +254% |
| Financial income | 75/76B | €0 | €16 | +€15 | +3,768% |
| Recurring financial income | 75 | €0 | €16 | +€15 | +3,768% |
| Financial charges | 65/66B | €308 | €806 | +€498 | +161% |
| Recurring financial charges | 65 | €308 | €806 | +€498 | +161% |
| Profit (loss) for the period before taxes | 9903 | €53,741 | €190,740 | +€136,999 | +255% |
| Income taxes | 67/77 | €6,626 | €57,498 | +€50,873 | +768% |
| Profit (loss) for the period | 9904 | €47,115 | €133,242 | +€86,127 | +183% |
| Profit (loss) for the period to be appropriated | 9905 | €47,115 | €133,242 | +€86,127 | +183% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.