LUPPO: 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.
LUPPO
Largest movements
- Tangible fixed assets -€21,299
down €21,299 (-82.9%), from €25,705 to €4,406
of which Furniture and vehicles: -€21,299
- Profit (loss) carried forward -€15,532
down €15,532 (-15.2%), from -€102,005 to -€117,537
- Debts after one year -€3,823
down €3,823 (-3.6%), from €106,366 to €102,543
- Trade debts -€2,029
no longer reported in 2025 (was €2,029)
- Other operating charges -€1,186
down €1,186 (-90.8%), from €1,306 to €120
- Gross operating margin +€1,155
up €1,155 (+36.8%), from -€3,143 to -€1,987
- Financial charges -€61
down €61 (-32.7%), from €188 to €126
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 | €25,817 | €4,432 | -€21,385 | -82.8% |
| Fixed assets | 21/28 | €25,705 | €4,406 | -€21,299 | -82.9% |
| Tangible fixed assets | 22/27 | €25,705 | €4,406 | -€21,299 | -82.9% |
| Plant, machinery and equipment | 23 | €80 | €80 | = | 0.0% |
| Furniture and vehicles | 24 | €25,625 | €4,326 | -€21,299 | -83.1% |
| Current assets | 29/58 | €111 | €26 | -€86 | -77.0% |
| Cash at bank and in hand | 54/58 | €111 | €26 | -€86 | -77.0% |
| Total equity and liabilities | 10/49 | €25,817 | €4,432 | -€21,385 | -82.8% |
| Equity | 10/15 | -€82,578 | -€98,111 | -€15,532 | -18.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €827 | €827 | = | 0.0% |
| Distributable reserves | 133 | €827 | €827 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€102,005 | -€117,537 | -€15,532 | -15.2% |
| Amounts payable | 17/49 | €108,395 | €102,543 | -€5,852 | -5.4% |
| Amounts payable after more than one year | 17 | €106,366 | €102,543 | -€3,823 | -3.6% |
| Financial debts | 170/4 | €106,366 | €102,543 | -€3,823 | -3.6% |
| Amounts payable within one year | 42/48 | €2,029 | - | -€2,029 | |
| Trade debts | 44 | €2,029 | - | -€2,029 | |
| Suppliers | 440/4 | €2,029 | - | -€2,029 | |
| Other operating charges | 640/8 | €1,306 | €120 | -€1,186 | -90.8% |
| Non-recurring operating charges | 66A | - | €13,299 | +€13,299 | |
| Gross operating margin | 9900 | -€3,143 | -€1,987 | +€1,155 | +36.8% |
| Operating profit (loss) | 9901 | -€4,449 | -€15,406 | -€10,957 | -246.3% |
| Financial charges | 65/66B | €188 | €126 | -€61 | -32.7% |
| Recurring financial charges | 65 | €188 | €126 | -€61 | -32.7% |
| Profit (loss) for the period before taxes | 9903 | -€4,637 | -€15,532 | -€10,896 | -235.0% |
| Profit (loss) for the period | 9904 | -€4,637 | -€15,532 | -€10,896 | -235.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,637 | -€15,532 | -€10,896 | -235.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.