LUPOLOJ: 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.
LUPOLOJ
Largest movements
- Tangible fixed assets -€16,014
down €16,014 (-5.4%), from €297,234 to €281,220
- Cash -€6,722
down €6,722 (-56.8%), from €11,836 to €5,115
mainly Net result for the year (-€12,224) and Debts after one year (-€10,361)
- Profit (loss) carried forward -€12,224
down €12,224 (-7.5%), from -€162,066 to -€174,290
- Debts after one year -€10,361
down €10,361 (-27.2%), from €38,069 to €27,708
- Gross operating margin -€5,651
down €5,651 (-41.1%), from €13,761 to €8,109
- Other operating charges -€4,036
down €4,036 (-54.2%), from €7,441 to €3,405
- Depreciation -€1,062
down €1,062 (-6.2%), from €17,076 to €16,014
- Financial charges -€232
down €232 (-20.3%), from €1,147 to €915
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 | €482,779 | €460,066 | -€22,713 | -4.7% |
| Fixed assets | 21/28 | €297,234 | €281,220 | -€16,014 | -5.4% |
| Tangible fixed assets | 22/27 | €297,234 | €281,220 | -€16,014 | -5.4% |
| Land and buildings | 22 | €297,234 | €281,220 | -€16,014 | -5.4% |
| Financial fixed assets | 28 | €0 | - | = | |
| Current assets | 29/58 | €185,545 | €178,846 | -€6,699 | -3.6% |
| Amounts receivable within one year | 40/41 | €151,647 | €151,647 | = | 0.0% |
| Trade receivables | 40 | €151,647 | €151,647 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €11,836 | €5,115 | -€6,722 | -56.8% |
| Deferred charges and accrued income | 490/1 | €22,062 | €22,085 | +€23 | +0.1% |
| Total equity and liabilities | 10/49 | €482,779 | €460,066 | -€22,713 | -4.7% |
| Equity | 10/15 | -€149,666 | -€161,890 | -€12,224 | -8.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€162,066 | -€174,290 | -€12,224 | -7.5% |
| Amounts payable | 17/49 | €632,445 | €621,956 | -€10,489 | -1.7% |
| Amounts payable after more than one year | 17 | €38,069 | €27,708 | -€10,361 | -27.2% |
| Financial debts | 170/4 | €38,069 | €27,708 | -€10,361 | -27.2% |
| Amounts payable within one year | 42/48 | €85,059 | €84,931 | -€128 | -0.2% |
| Current portion of amounts payable after more than one year | 42 | €10,164 | €10,361 | +€198 | +1.9% |
| Trade debts | 44 | €1,714 | €1,389 | -€325 | -19.0% |
| Suppliers | 440/4 | €1,714 | €1,389 | -€325 | -19.0% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €73,181 | €73,181 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €509,318 | €509,318 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,076 | €16,014 | -€1,062 | -6.2% |
| Other operating charges | 640/8 | €7,441 | €3,405 | -€4,036 | -54.2% |
| Gross operating margin | 9900 | €13,761 | €8,109 | -€5,651 | -41.1% |
| Operating profit (loss) | 9901 | -€10,756 | -€11,309 | -€553 | -5.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €1,147 | €915 | -€232 | -20.3% |
| Recurring financial charges | 65 | €1,147 | €915 | -€232 | -20.3% |
| Profit (loss) for the period before taxes | 9903 | -€11,903 | -€12,224 | -€321 | -2.7% |
| Profit (loss) for the period | 9904 | -€11,903 | -€12,224 | -€321 | -2.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,903 | -€12,224 | -€321 | -2.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.