LURO: 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.
LURO
Largest movements
- Cash -€2,005
down €2,005 (-47.2%), from €4,248 to €2,243
mainly Tax, wage and social debts (-€3,996) and Investment in fixed assets (net) (-€791)
- Receivables within one year +€587
up €587 (+1.8%), from €32,792 to €33,379
of which Trade receivables: +€5,361
- Tax, wage and social debts -€3,996
down €3,996 (-52.6%), from €7,596 to €3,600
- Profit (loss) carried forward +€3,336
up €3,336 (+63.3%), from €5,267 to €8,603
- Trade debts -€455
down €455 (-80.8%), from €563 to €108
- Gross operating margin +€6,497
up €6,497, from -€1,103 to €5,394
- Staff costs +€1,763
new in 2024: €1,763
- Taxes +€900
new in 2024: €900
- Financial income +€807
up €807 (+57.9%), from €1,395 to €2,203
- Other operating charges +€404
up €404 (+158.0%), from €256 to €659
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €38,457 | €37,342 | -€1,115 | -2.9% |
| Fixed assets | 21/28 | €1,417 | €1,720 | +€303 | +21.3% |
| Tangible fixed assets | 22/27 | €1,417 | €1,720 | +€303 | +21.3% |
| Plant, machinery and equipment | 23 | €1,417 | €1,720 | +€303 | +21.3% |
| Current assets | 29/58 | €37,040 | €35,622 | -€1,418 | -3.8% |
| Amounts receivable within one year | 40/41 | €32,792 | €33,379 | +€587 | +1.8% |
| Trade receivables | 40 | - | €5,361 | +€5,361 | |
| Other amounts receivable | 41 | €32,792 | €28,018 | -€4,774 | -14.6% |
| Cash at bank and in hand | 54/58 | €4,248 | €2,243 | -€2,005 | -47.2% |
| Total equity and liabilities | 10/49 | €38,457 | €37,342 | -€1,115 | -2.9% |
| Equity | 10/15 | €30,298 | €33,634 | +€3,336 | +11.0% |
| Contributions | 10/11 | €14,874 | €14,874 | = | 0.0% |
| Reserves | 13 | €10,158 | €10,158 | = | 0.0% |
| Non-distributable reserves | 130/1 | €903 | €903 | = | 0.0% |
| Reserves not available under the articles | 1311 | €903 | €903 | = | 0.0% |
| Distributable reserves | 133 | €9,255 | €9,255 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,267 | €8,603 | +€3,336 | +63.3% |
| Amounts payable | 17/49 | €8,159 | €3,708 | -€4,451 | -54.6% |
| Amounts payable within one year | 42/48 | €8,159 | €3,708 | -€4,451 | -54.6% |
| Trade debts | 44 | €563 | €108 | -€455 | -80.8% |
| Suppliers | 440/4 | €563 | €108 | -€455 | -80.8% |
| Taxes, remuneration and social security | 45 | €7,596 | €3,600 | -€3,996 | -52.6% |
| Taxes | 450/3 | €7,596 | €3,600 | -€3,996 | -52.6% |
| Remuneration, social security and pensions | 62 | - | €1,763 | +€1,763 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €364 | €489 | +€125 | +34.5% |
| Other operating charges | 640/8 | €256 | €659 | +€404 | +158.0% |
| Gross operating margin | 9900 | -€1,103 | €5,394 | +€6,497 | |
| Operating profit (loss) | 9901 | -€1,722 | €2,482 | +€4,204 | |
| Financial income | 75/76B | €1,395 | €2,203 | +€807 | +57.9% |
| Recurring financial income | 75 | €1,395 | €2,203 | +€807 | +57.9% |
| Financial charges | 65/66B | €229 | €449 | +€220 | +96.1% |
| Recurring financial charges | 65 | €229 | €449 | +€220 | +96.1% |
| Profit (loss) for the period before taxes | 9903 | -€556 | €4,236 | +€4,791 | |
| Income taxes | 67/77 | - | €900 | +€900 | |
| Profit (loss) for the period | 9904 | -€556 | €3,336 | +€3,892 | |
| Profit (loss) for the period to be appropriated | 9905 | -€556 | €3,336 | +€3,892 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.