LUSIMMO: 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.
LUSIMMO
Largest movements
- Receivables within one year -€23,710
down €23,710 (-6.0%), from €392,853 to €369,143
of which Other amounts receivable: -€12,309
- Cash +€6,992
up €6,992 (+154.3%), from €4,532 to €11,524
mainly Receivables within one year (+€23,710) and Net result for the year (+€10,034)
- Tax, wage and social debts -€18,437
down €18,437 (-38.7%), from €47,694 to €29,257
of which Remuneration and social security: -€15,992
- Trade debts -€11,979
down €11,979 (-27.0%), from €44,363 to €32,384
- Reserves +€10,034
up €10,034 (+61.9%), from €16,200 to €26,234
of which Distributable reserves: +€10,034
- Gross operating margin +€71,986
up €71,986 (+63.4%), from €113,511 to €185,497
- Other operating charges +€16,000
up €16,000 (+783.8%), from €2,041 to €18,041
- Staff costs -€15,183
down €15,183 (-9.0%), from €168,847 to €153,664
- Financial income +€5,918
up €5,918 (+59181800.0%), from €0 to €5,918
- Taxes +€2,555
up €2,555 (+213.3%), from €1,198 to €3,753
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 | €406,409 | €388,551 | -€17,858 | -4.4% |
| Fixed assets | 21/28 | €9,025 | €6,484 | -€2,541 | -28.2% |
| Intangible fixed assets | 21 | €7,458 | €5,648 | -€1,810 | -24.3% |
| Tangible fixed assets | 22/27 | €1,461 | €730 | -€731 | -50.0% |
| Furniture and vehicles | 24 | €1,461 | €730 | -€731 | -50.0% |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €397,385 | €382,067 | -€15,318 | -3.9% |
| Amounts receivable within one year | 40/41 | €392,853 | €369,143 | -€23,710 | -6.0% |
| Trade receivables | 40 | €21,085 | €9,685 | -€11,401 | -54.1% |
| Other amounts receivable | 41 | €371,768 | €359,458 | -€12,309 | -3.3% |
| Cash at bank and in hand | 54/58 | €4,532 | €11,524 | +€6,992 | +154.3% |
| Deferred charges and accrued income | 490/1 | - | €1,400 | +€1,400 | |
| Total equity and liabilities | 10/49 | €406,409 | €388,551 | -€17,858 | -4.4% |
| Equity | 10/15 | €287,267 | €297,302 | +€10,034 | +3.5% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €16,200 | €26,234 | +€10,034 | +61.9% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | - | €10,034 | +€10,034 | |
| Profit (loss) carried forward | 14 | €209,067 | €209,067 | = | 0.0% |
| Amounts payable | 17/49 | €119,142 | €91,249 | -€27,893 | -23.4% |
| Amounts payable within one year | 42/48 | €119,142 | €91,249 | -€27,893 | -23.4% |
| Financial debts | 43 | €24,960 | €24,259 | -€702 | -2.8% |
| Credit institutions | 430/8 | €24,960 | €24,259 | -€702 | -2.8% |
| Trade debts | 44 | €44,363 | €32,384 | -€11,979 | -27.0% |
| Suppliers | 440/4 | €44,363 | €32,384 | -€11,979 | -27.0% |
| Taxes, remuneration and social security | 45 | €47,694 | €29,257 | -€18,437 | -38.7% |
| Taxes | 450/3 | €6,198 | €3,753 | -€2,445 | -39.4% |
| Remuneration and social security | 454/9 | €41,496 | €25,504 | -€15,992 | -38.5% |
| Other amounts payable | 47/48 | €2,125 | €5,350 | +€3,225 | +151.8% |
| Non-recurring operating income | 76A | - | €1,588 | +€1,588 | |
| Remuneration, social security and pensions | 62 | €168,847 | €153,664 | -€15,183 | -9.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,984 | €2,541 | -€1,443 | -36.2% |
| Other operating charges | 640/8 | €2,041 | €18,041 | +€16,000 | +783.8% |
| Gross operating margin | 9900 | €113,511 | €185,497 | +€71,986 | +63.4% |
| Operating profit (loss) | 9901 | -€61,361 | €11,251 | +€72,612 | |
| Financial income | 75/76B | €0 | €5,918 | +€5,918 | +59181800.0% |
| Recurring financial income | 75 | €0 | €5,918 | +€5,918 | +59181800.0% |
| Financial charges | 65/66B | €3,769 | €3,382 | -€387 | -10.3% |
| Recurring financial charges | 65 | €3,769 | €3,382 | -€387 | -10.3% |
| Profit (loss) for the period before taxes | 9903 | -€65,130 | €13,788 | +€78,917 | |
| Income taxes | 67/77 | €1,198 | €3,753 | +€2,555 | +213.3% |
| Profit (loss) for the period | 9904 | -€66,328 | €10,034 | +€76,362 | |
| Profit (loss) for the period to be appropriated | 9905 | -€66,328 | €10,034 | +€76,362 |
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 10 October 2026 via checked.be.