LUPE: 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.
LUPE
Largest movements
- Receivables within one year +€31,677
up €31,677 (+16.3%), from €193,862 to €225,540
of which Other amounts receivable: +€41,158
- Tangible fixed assets +€8,586
up €8,586 (+57.7%), from €14,885 to €23,471
of which Other tangible fixed assets: +€6,763
- Reserves +€43,900
up €43,900 (+15.6%), from €281,860 to €325,760
of which Distributable reserves: +€43,900
- Gross operating margin +€11,041
up €11,041 (+22.2%), from €49,788 to €60,828
- Taxes +€4,969
up €4,969 (+28.7%), from €17,322 to €22,292
- Financial income +€1,005
up €1,005 (+9.8%), from €10,207 to €11,212
- Financial charges -€880
down €880 (-82.8%), from €1,063 to €183
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €442,671 | €485,994 | +€43,324 | +9.8% |
| Fixed assets | 21/28 | €14,925 | €23,511 | +€8,586 | +57.5% |
| Tangible fixed assets | 22/27 | €14,885 | €23,471 | +€8,586 | +57.7% |
| Furniture and vehicles | 24 | €4,140 | €5,964 | +€1,824 | +44.0% |
| Other tangible fixed assets | 26 | €10,745 | €17,508 | +€6,763 | +62.9% |
| Financial fixed assets | 28 | €40 | €40 | = | 0.0% |
| Current assets | 29/58 | €427,746 | €462,483 | +€34,737 | +8.1% |
| Amounts receivable after more than one year | 29 | €230,000 | €230,000 | = | 0.0% |
| Other amounts receivable | 291 | €230,000 | €230,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €193,862 | €225,540 | +€31,677 | +16.3% |
| Trade receivables | 40 | €39,786 | €30,306 | -€9,480 | -23.8% |
| Other amounts receivable | 41 | €154,076 | €195,234 | +€41,158 | +26.7% |
| Cash at bank and in hand | 54/58 | €3,883 | €5,626 | +€1,743 | +44.9% |
| Deferred charges and accrued income | 490/1 | - | €1,317 | +€1,317 | |
| Total equity and liabilities | 10/49 | €442,671 | €485,994 | +€43,324 | +9.8% |
| Equity | 10/15 | €440,671 | €484,661 | +€43,991 | +10.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | €6,200 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €281,860 | €325,760 | +€43,900 | +15.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Distributable reserves | 133 | €280,000 | €323,900 | +€43,900 | +15.7% |
| Profit (loss) carried forward | 14 | €152,611 | €152,701 | +€91 | +0.1% |
| Amounts payable | 17/49 | €2,000 | €1,333 | -€667 | -33.4% |
| Amounts payable within one year | 42/48 | €2,000 | €1,333 | -€667 | -33.4% |
| Trade debts | 44 | - | €1,333 | +€1,333 | |
| Suppliers | 440/4 | - | €1,333 | +€1,333 | |
| Taxes, remuneration and social security | 45 | €2,000 | - | -€2,000 | |
| Taxes | 450/3 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,857 | €4,251 | +€394 | +10.2% |
| Other operating charges | 640/8 | €1,217 | €1,324 | +€107 | +8.8% |
| Non-recurring operating charges | 66A | €794 | - | -€794 | |
| Gross operating margin | 9900 | €49,788 | €60,828 | +€11,041 | +22.2% |
| Operating profit (loss) | 9901 | €43,920 | €55,254 | +€11,334 | +25.8% |
| Financial income | 75/76B | €10,207 | €11,212 | +€1,005 | +9.8% |
| Recurring financial income | 75 | €10,207 | €11,212 | +€1,005 | +9.8% |
| Financial charges | 65/66B | €1,063 | €183 | -€880 | -82.8% |
| Recurring financial charges | 65 | €1,063 | €183 | -€880 | -82.8% |
| Profit (loss) for the period before taxes | 9903 | €53,064 | €66,282 | +€13,218 | +24.9% |
| Income taxes | 67/77 | €17,322 | €22,292 | +€4,969 | +28.7% |
| Profit (loss) for the period | 9904 | €35,741 | €43,991 | +€8,249 | +23.1% |
| Profit (loss) for the period to be appropriated | 9905 | €35,741 | €43,991 | +€8,249 | +23.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.