LUSATCO: 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.
LUSATCO
Largest movements
- Financial fixed assets -€661,000
down €661,000 (-22.7%), from €2.9m to €2.2m
- Cash -€99,922
down €99,922 (-59.1%), from €169,130 to €69,208
mainly Debts after one year (-€661,000) and Other debts (-€259,766)
- Current investments -€84,089
down €84,089 (-2.5%), from €3.4m to €3.3m
- Debts after one year -€661,000
down €661,000 (-20.3%), from €3.3m to €2.6m
of which Financial debts: -€661,000
- Other debts -€259,766
down €259,766 (-11.5%), from €2.3m to €2.0m
- Profit (loss) carried forward +€117,783
up €117,783 (+31.4%), from -€375,523 to -€257,740
- Financial income -€74,541
down €74,541 (-32.8%), from €227,301 to €152,761
- Gross operating margin -€32,959
down €32,959 (-47.2%), from €69,877 to €36,918
- Financial charges -€15,697
down €15,697 (-18.3%), from €85,652 to €69,955
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 | €7,226,359 | €6,328,096 | -€898,263 | -12.4% |
| Fixed assets | 21/28 | €2,907,000 | €2,246,000 | -€661,000 | -22.7% |
| Financial fixed assets | 28 | €2,907,000 | €2,246,000 | -€661,000 | -22.7% |
| Current assets | 29/58 | €4,319,359 | €4,082,096 | -€237,263 | -5.5% |
| Amounts receivable within one year | 40/41 | €761,265 | €708,012 | -€53,253 | -7.0% |
| Other amounts receivable | 41 | €761,265 | €708,012 | -€53,253 | -7.0% |
| Current investments | 50/53 | €3,388,965 | €3,304,876 | -€84,089 | -2.5% |
| Cash at bank and in hand | 54/58 | €169,130 | €69,208 | -€99,922 | -59.1% |
| Total equity and liabilities | 10/49 | €7,226,359 | €6,328,096 | -€898,263 | -12.4% |
| Equity | 10/15 | €922,373 | €1,040,157 | +€117,783 | +12.8% |
| Contributions | 10/11 | €1,289,294 | €1,289,294 | = | 0.0% |
| Capital | 10 | €625,835 | €625,835 | = | 0.0% |
| Issued capital | 100 | €625,835 | €625,835 | = | 0.0% |
| Outside capital | 11 | €663,459 | €663,459 | = | 0.0% |
| Share premium | 1100/10 | €663,459 | €663,459 | = | 0.0% |
| Reserves | 13 | €8,602 | €8,602 | = | 0.0% |
| Non-distributable reserves | 130/1 | €8,602 | €8,602 | = | 0.0% |
| Legal reserve | 130 | €8,602 | €8,602 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€375,523 | -€257,740 | +€117,783 | +31.4% |
| Amounts payable | 17/49 | €6,303,986 | €5,287,939 | -€1.0m | -16.1% |
| Amounts payable after more than one year | 17 | €3,259,578 | €2,598,578 | -€661,000 | -20.3% |
| Financial debts | 170/4 | €2,907,000 | €2,246,000 | -€661,000 | -22.7% |
| Other amounts payable | 178/9 | €352,578 | €352,578 | = | 0.0% |
| Amounts payable within one year | 42/48 | €2,979,556 | €2,665,082 | -€314,474 | -10.6% |
| Financial debts | 43 | €715,000 | €661,000 | -€54,000 | -7.6% |
| Other loans | 439 | €715,000 | €661,000 | -€54,000 | -7.6% |
| Trade debts | 44 | €2,215 | €1,507 | -€709 | -32.0% |
| Suppliers | 440/4 | €2,215 | €1,507 | -€709 | -32.0% |
| Other amounts payable | 47/48 | €2,262,341 | €2,002,575 | -€259,766 | -11.5% |
| Accrued charges and deferred income | 492/3 | €64,852 | €24,280 | -€40,572 | -62.6% |
| Other operating charges | 640/8 | €1,528 | €1,790 | +€262 | +17.2% |
| Gross operating margin | 9900 | €69,877 | €36,918 | -€32,959 | -47.2% |
| Operating profit (loss) | 9901 | €68,350 | €35,128 | -€33,221 | -48.6% |
| Financial income | 75/76B | €227,301 | €152,761 | -€74,541 | -32.8% |
| Recurring financial income | 75 | €227,301 | €152,761 | -€74,541 | -32.8% |
| Financial charges | 65/66B | €85,652 | €69,955 | -€15,697 | -18.3% |
| Recurring financial charges | 65 | €85,652 | €69,955 | -€15,697 | -18.3% |
| Profit (loss) for the period before taxes | 9903 | €209,999 | €117,934 | -€92,065 | -43.8% |
| Income taxes | 67/77 | €144 | €151 | +€7 | +4.7% |
| Profit (loss) for the period | 9904 | €209,855 | €117,783 | -€92,072 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €209,855 | €117,783 | -€92,072 | -43.9% |
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 7 October 2026 via checked.be.