LUPPENS: 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.
LUPPENS
Largest movements
- Cash +€10,034
up €10,034 (+166.3%), from €6,035 to €16,069
mainly Net result for the year (+€12,174) and Depreciation (+€7,507)
- Tangible fixed assets -€7,507
down €7,507 (-32.1%), from €23,362 to €15,854
of which Plant, machinery and equipment: -€6,429
- Receivables within one year +€4,726
up €4,726 (+7.4%), from €64,065 to €68,791
of which Trade receivables: +€8,794
- Reserves +€10,508
up €10,508 (+16.1%), from €65,175 to €75,683
of which Distributable reserves: +€10,508
- Other debts -€2,172
down €2,172 (-11.6%), from €18,774 to €16,602
- Gross operating margin +€13,007
up €13,007 (+154.3%), from €8,431 to €21,438
- Taxes +€1,245
up €1,245 (+553.5%), from €225 to €1,469
- Financial charges -€234
down €234 (-40.2%), from €583 to €349
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.
Cash bridge derived
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 | €95,028 | €102,481 | +€7,453 | +7.8% |
| Fixed assets | 21/28 | €24,899 | €17,391 | -€7,507 | -30.2% |
| Tangible fixed assets | 22/27 | €23,362 | €15,854 | -€7,507 | -32.1% |
| Land and buildings | 22 | €11,517 | €10,438 | -€1,079 | -9.4% |
| Plant, machinery and equipment | 23 | €11,845 | €5,416 | -€6,429 | -54.3% |
| Financial fixed assets | 28 | €1,537 | €1,537 | = | 0.0% |
| Current assets | 29/58 | €70,129 | €85,089 | +€14,960 | +21.3% |
| Amounts receivable within one year | 40/41 | €64,065 | €68,791 | +€4,726 | +7.4% |
| Trade receivables | 40 | €59,957 | €68,751 | +€8,794 | +14.7% |
| Other amounts receivable | 41 | €4,108 | €40 | -€4,068 | -99.0% |
| Cash at bank and in hand | 54/58 | €6,035 | €16,069 | +€10,034 | +166.3% |
| Deferred charges and accrued income | 490/1 | €29 | €229 | +€200 | +689.1% |
| Total equity and liabilities | 10/49 | €95,028 | €102,481 | +€7,453 | +7.8% |
| Equity | 10/15 | €71,621 | €82,128 | +€10,508 | +14.7% |
| Contributions | 10/11 | €6,445 | €6,445 | = | 0.0% |
| Reserves | 13 | €65,175 | €75,683 | +€10,508 | +16.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €63,315 | €73,823 | +€10,508 | +16.6% |
| Amounts payable | 17/49 | €23,407 | €20,352 | -€3,055 | -13.1% |
| Amounts payable within one year | 42/48 | €23,295 | €20,312 | -€2,983 | -12.8% |
| Trade debts | 44 | €838 | €494 | -€345 | -41.1% |
| Suppliers | 440/4 | €838 | €494 | -€345 | -41.1% |
| Taxes, remuneration and social security | 45 | €3,683 | €3,216 | -€466 | -12.7% |
| Taxes | 450/3 | €3,683 | €3,216 | -€466 | -12.7% |
| Other amounts payable | 47/48 | €18,774 | €16,602 | -€2,172 | -11.6% |
| Accrued charges and deferred income | 492/3 | €112 | €40 | -€72 | -64.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,603 | €7,507 | -€96 | -1.3% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.4% |
| Gross operating margin | 9900 | €8,431 | €21,438 | +€13,007 | +154.3% |
| Operating profit (loss) | 9901 | €710 | €13,810 | +€13,101 | +1846.2% |
| Financial income | 75/76B | €300 | €182 | -€118 | -39.4% |
| Recurring financial income | 75 | €300 | €182 | -€118 | -39.4% |
| Financial charges | 65/66B | €583 | €349 | -€234 | -40.2% |
| Recurring financial charges | 65 | €583 | €349 | -€234 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €426 | €13,643 | +€13,217 | +3099.1% |
| Income taxes | 67/77 | €225 | €1,469 | +€1,245 | +553.5% |
| Profit (loss) for the period | 9904 | €202 | €12,174 | +€11,972 | +5937.7% |
| Profit (loss) for the period to be appropriated | 9905 | €202 | €12,174 | +€11,972 | +5937.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.