LURADEL: 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.
LURADEL
Largest movements
- Receivables within one year +€13,520
up €13,520 (+84.1%), from €16,070 to €29,590
of which Trade receivables: +€15,070
- Tangible fixed assets -€4,873
down €4,873 (-3.0%), from €161,255 to €156,382
of which Land and buildings: -€3,593
- Other debts +€5,237
up €5,237 (+3.7%), from €140,706 to €145,943
- Reserves +€4,529
up €4,529 (+21.8%), from €20,774 to €25,303
of which Distributable reserves: +€4,529
- Gross operating margin +€13,269
up €13,269 (+538%), from €2,468 to €15,737
- Taxes +€453
new in 2025: €453
- Depreciation +€432
up €432 (+4.4%), from €9,810 to €10,243
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 | €182,312 | €191,008 | +€8,696 | +4.8% |
| Fixed assets | 21/28 | €161,255 | €156,382 | -€4,873 | -3.0% |
| Tangible fixed assets | 22/27 | €161,255 | €156,382 | -€4,873 | -3.0% |
| Land and buildings | 22 | €91,433 | €87,840 | -€3,593 | -3.9% |
| Furniture and vehicles | 24 | €10,494 | €10,494 | = | 0.0% |
| Other tangible fixed assets | 26 | €59,329 | €58,049 | -€1,280 | -2.2% |
| Current assets | 29/58 | €21,057 | €34,625 | +€13,569 | +64.4% |
| Amounts receivable within one year | 40/41 | €16,070 | €29,590 | +€13,520 | +84.1% |
| Trade receivables | 40 | €14,520 | €29,590 | +€15,070 | +104% |
| Other amounts receivable | 41 | €1,550 | - | -€1,550 | |
| Cash at bank and in hand | 54/58 | €4,986 | €4,391 | -€595 | -11.9% |
| Deferred charges and accrued income | 490/1 | - | €645 | +€645 | |
| Total equity and liabilities | 10/49 | €182,312 | €191,008 | +€8,696 | +4.8% |
| Equity | 10/15 | €39,374 | €43,903 | +€4,529 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €20,774 | €25,303 | +€4,529 | +21.8% |
| 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 | €18,914 | €23,443 | +€4,529 | +23.9% |
| Amounts payable | 17/49 | €142,938 | €147,104 | +€4,166 | +2.9% |
| Amounts payable within one year | 42/48 | €142,938 | €147,104 | +€4,166 | +2.9% |
| Trade debts | 44 | €28 | - | -€28 | |
| Suppliers | 440/4 | €28 | - | -€28 | |
| Taxes, remuneration and social security | 45 | €2,204 | €1,162 | -€1,042 | -47.3% |
| Taxes | 450/3 | €2,204 | €1,162 | -€1,042 | -47.3% |
| Other amounts payable | 47/48 | €140,706 | €145,943 | +€5,237 | +3.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,810 | €10,243 | +€432 | +4.4% |
| Other operating charges | 640/8 | €424 | €400 | -€25 | -5.8% |
| Gross operating margin | 9900 | €2,468 | €15,737 | +€13,269 | +538% |
| Operating profit (loss) | 9901 | -€7,766 | €5,095 | +€12,861 | |
| Financial charges | 65/66B | €162 | €113 | -€49 | -30.4% |
| Recurring financial charges | 65 | €162 | €113 | -€49 | -30.4% |
| Profit (loss) for the period before taxes | 9903 | -€7,928 | €4,982 | +€12,910 | |
| Income taxes | 67/77 | - | €453 | +€453 | |
| Profit (loss) for the period | 9904 | -€7,928 | €4,529 | +€12,457 | |
| Profit (loss) for the period to be appropriated | 9905 | -€7,928 | €4,529 | +€12,457 |
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 21 October 2026 via checked.be.