LUSITECH: 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.
LUSITECH
Largest movements
- Cash +€36,172
up €36,172 (+7.5%), from €479,704 to €515,876
mainly Net result for the year (+€26,560) and Tax, wage and social debts (+€6,071)
- Reserves +€26,470
up €26,470 (+8.1%), from €326,497 to €352,967
of which Distributable reserves: +€28,500
- Financial income -€267,200
down €267,200 (-99.5%), from €268,460 to €1,259
of which Non-recurring financial income: -€268,456
- Taxes -€81,021
down €81,021 (-88.0%), from €92,089 to €11,068
- Gross operating margin +€44,644
up €44,644 (+28.6%), from €155,923 to €200,568
- Other operating charges -€25,064
down €25,064 (-84.7%), from €29,609 to €4,545
- Staff costs +€20,458
up €20,458 (+15.3%), from €133,633 to €154,090
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 | €656,939 | €694,382 | +€37,443 | +5.7% |
| Fixed assets | 21/28 | €142,398 | €136,371 | -€6,026 | -4.2% |
| Tangible fixed assets | 22/27 | €140,395 | €134,369 | -€6,026 | -4.3% |
| Land and buildings | 22 | €139,082 | €133,845 | -€5,237 | -3.8% |
| Furniture and vehicles | 24 | €1,313 | €524 | -€789 | -60.1% |
| Financial fixed assets | 28 | €2,003 | €2,003 | = | 0.0% |
| Current assets | 29/58 | €514,541 | €558,011 | +€43,470 | +8.4% |
| Amounts receivable within one year | 40/41 | €34,837 | €40,603 | +€5,765 | +16.5% |
| Trade receivables | 40 | €24,958 | €31,940 | +€6,982 | +28.0% |
| Other amounts receivable | 41 | €9,879 | €8,663 | -€1,216 | -12.3% |
| Cash at bank and in hand | 54/58 | €479,704 | €515,876 | +€36,172 | +7.5% |
| Deferred charges and accrued income | 490/1 | - | €1,532 | +€1,532 | |
| Total equity and liabilities | 10/49 | €656,939 | €694,382 | +€37,443 | +5.7% |
| Equity | 10/15 | €630,777 | €657,338 | +€26,560 | +4.2% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Capital | 10 | €70,000 | €70,000 | = | 0.0% |
| Issued capital | 100 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €326,497 | €352,967 | +€26,470 | +8.1% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Legal reserve | 130 | €7,000 | €7,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €35,322 | €33,292 | -€2,030 | -5.7% |
| Distributable reserves | 133 | €284,175 | €312,675 | +€28,500 | +10.0% |
| Profit (loss) carried forward | 14 | €234,281 | €234,371 | +€90 | 0.0% |
| Provisions and deferred taxes | 16 | €11,755 | €11,079 | -€676 | -5.7% |
| Deferred taxes | 168 | €11,755 | €11,079 | -€676 | -5.7% |
| Amounts payable | 17/49 | €14,406 | €25,965 | +€11,559 | +80.2% |
| Amounts payable within one year | 42/48 | €14,015 | €25,965 | +€11,950 | +85.3% |
| Trade debts | 44 | €6,168 | €12,048 | +€5,879 | +95.3% |
| Suppliers | 440/4 | €6,168 | €12,048 | +€5,879 | +95.3% |
| Taxes, remuneration and social security | 45 | €7,847 | €13,918 | +€6,071 | +77.4% |
| Taxes | 450/3 | €1,322 | €13,918 | +€12,596 | +952.8% |
| Remuneration and social security | 454/9 | €6,525 | €0 | -€6,525 | -100.0% |
| Accrued charges and deferred income | 492/3 | €391 | €0 | -€391 | -100.0% |
| Remuneration, social security and pensions | 62 | €133,633 | €154,090 | +€20,458 | +15.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,598 | €6,026 | -€572 | -8.7% |
| Other operating charges | 640/8 | €29,609 | €4,545 | -€25,064 | -84.7% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €155,923 | €200,568 | +€44,644 | +28.6% |
| Operating profit (loss) | 9901 | -€13,916 | €35,843 | +€49,759 | |
| Financial income | 75/76B | €268,460 | €1,259 | -€267,200 | -99.5% |
| Recurring financial income | 75 | €3 | €1,259 | +€1,256 | +38293.3% |
| Non-recurring financial income | 76B | €268,456 | €0 | -€268,456 | -100.0% |
| Financial charges | 65/66B | - | €150 | +€150 | |
| Recurring financial charges | 65 | - | €150 | +€150 | |
| Profit (loss) for the period before taxes | 9903 | €254,543 | €36,952 | -€217,591 | -85.5% |
| Transfer from deferred taxes | 780 | €58,057 | €676 | -€57,382 | -98.8% |
| Income taxes | 67/77 | €92,089 | €11,068 | -€81,021 | -88.0% |
| Profit (loss) for the period | 9904 | €220,512 | €26,560 | -€193,951 | -88.0% |
| Transfer from tax-exempt reserves | 789 | €19,322 | €2,030 | -€17,292 | -89.5% |
| Profit (loss) for the period to be appropriated | 9905 | €239,833 | €28,590 | -€211,243 | -88.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.