LUPUS BELGIUM: 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.
LUPUS BELGIUM
Largest movements
- Cash +€2,706
new in 2025: €2,706
mainly Other debts (+€2,634) and Trade debts (+€2,488)
- Other debts +€2,634
up €2,634 (+111%), from €2,382 to €5,016
- Trade debts +€2,488
new in 2025: €2,488
- Profit (loss) carried forward -€2,416
down €2,416 (-63.9%), from -€3,782 to -€6,198
- Gross operating margin +€4,099
up €4,099 (+70.4%), from -€5,824 to -€1,725
- Other operating charges +€470
up €470 (+939%), from €50 to €520
- Financial charges -€321
down €321 (-65.2%), from €492 to €171
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 | €8,600 | €11,306 | +€2,706 | +31.5% |
| Current assets | 29/58 | €8,600 | €11,306 | +€2,706 | +31.5% |
| Amounts receivable within one year | 40/41 | €8,600 | €8,600 | = | 0.0% |
| Trade receivables | 40 | €5,000 | €5,000 | = | 0.0% |
| Other amounts receivable | 41 | €3,600 | €3,600 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €2,706 | +€2,706 | |
| Total equity and liabilities | 10/49 | €8,600 | €11,306 | +€2,706 | +31.5% |
| Equity | 10/15 | €6,218 | €3,802 | -€2,416 | -38.9% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,782 | -€6,198 | -€2,416 | -63.9% |
| Amounts payable | 17/49 | €2,382 | €7,504 | +€5,122 | +215% |
| Amounts payable within one year | 42/48 | €2,382 | €7,504 | +€5,122 | +215% |
| Trade debts | 44 | - | €2,488 | +€2,488 | |
| Suppliers | 440/4 | - | €2,488 | +€2,488 | |
| Other amounts payable | 47/48 | €2,382 | €5,016 | +€2,634 | +111% |
| Other operating charges | 640/8 | €50 | €520 | +€470 | +939% |
| Non-recurring operating charges | 66A | €1,160 | - | -€1,160 | |
| Gross operating margin | 9900 | -€5,824 | -€1,725 | +€4,099 | +70.4% |
| Operating profit (loss) | 9901 | -€7,034 | -€2,245 | +€4,790 | +68.1% |
| Financial charges | 65/66B | €492 | €171 | -€321 | -65.2% |
| Recurring financial charges | 65 | €492 | €171 | -€321 | -65.2% |
| Profit (loss) for the period before taxes | 9903 | -€7,527 | -€2,416 | +€5,111 | +67.9% |
| Profit (loss) for the period | 9904 | -€7,527 | -€2,416 | +€5,111 | +67.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,527 | -€2,416 | +€5,111 | +67.9% |
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 31 October 2026 via checked.be.