LUST ARCHITECTURE: 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.
LUST ARCHITECTURE
Largest movements
- Cash +€35,130
up €35,130 (+118%), from €29,856 to €64,986
mainly Receivables within one year (+€17,788) and Net result for the year (+€16,890)
- Receivables within one year -€17,788
down €17,788 (-38.1%), from €46,730 to €28,942
of which Trade receivables: -€22,191
- Tangible fixed assets -€8,033
down €8,033 (-67.7%), from €11,859 to €3,827
of which Furniture and vehicles: -€7,821
- Profit (loss) carried forward +€16,890
up €16,890 (+27.4%), from €61,588 to €78,478
- Debts after one year -€4,999
down €4,999 (-74.4%), from €6,715 to €1,716
- Tax, wage and social debts -€3,563
down €3,563 (-24.1%), from €14,756 to €11,193
of which Remuneration and social security: -€3,500
- Trade debts +€1,430
up €1,430 (+213%), from €673 to €2,103
- Gross operating margin -€23,429
down €23,429 (-41.8%), from €56,018 to €32,589
- Taxes -€4,680
down €4,680 (-45.5%), from €10,289 to €5,609
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 | €90,759 | €100,489 | +€9,730 | +10.7% |
| Fixed assets | 21/28 | €11,859 | €3,827 | -€8,033 | -67.7% |
| Tangible fixed assets | 22/27 | €11,859 | €3,827 | -€8,033 | -67.7% |
| Plant, machinery and equipment | 23 | €729 | €517 | -€212 | -29.1% |
| Furniture and vehicles | 24 | €11,130 | €3,310 | -€7,821 | -70.3% |
| Current assets | 29/58 | €78,900 | €96,662 | +€17,762 | +22.5% |
| Amounts receivable within one year | 40/41 | €46,730 | €28,942 | -€17,788 | -38.1% |
| Trade receivables | 40 | €46,730 | €24,539 | -€22,191 | -47.5% |
| Other amounts receivable | 41 | - | €4,403 | +€4,403 | |
| Cash at bank and in hand | 54/58 | €29,856 | €64,986 | +€35,130 | +118% |
| Deferred charges and accrued income | 490/1 | €2,314 | €2,734 | +€420 | +18.2% |
| Total equity and liabilities | 10/49 | €90,759 | €100,489 | +€9,730 | +10.7% |
| Equity | 10/15 | €63,588 | €80,478 | +€16,890 | +26.6% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,588 | €78,478 | +€16,890 | +27.4% |
| Amounts payable | 17/49 | €27,172 | €20,011 | -€7,161 | -26.4% |
| Amounts payable after more than one year | 17 | €6,715 | €1,716 | -€4,999 | -74.4% |
| Financial debts | 170/4 | €6,715 | €1,716 | -€4,999 | -74.4% |
| Amounts payable within one year | 42/48 | €20,456 | €18,295 | -€2,162 | -10.6% |
| Current portion of amounts payable after more than one year | 42 | €4,781 | €4,999 | +€218 | +4.6% |
| Trade debts | 44 | €673 | €2,103 | +€1,430 | +213% |
| Suppliers | 440/4 | €673 | €2,103 | +€1,430 | +213% |
| Taxes, remuneration and social security | 45 | €14,756 | €11,193 | -€3,563 | -24.1% |
| Taxes | 450/3 | €11,256 | €11,193 | -€63 | -0.6% |
| Remuneration and social security | 454/9 | €3,500 | - | -€3,500 | |
| Other amounts payable | 47/48 | €247 | - | -€247 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,824 | €9,133 | +€309 | +3.5% |
| Other operating charges | 640/8 | €409 | €336 | -€73 | -17.8% |
| Gross operating margin | 9900 | €56,018 | €32,589 | -€23,429 | -41.8% |
| Operating profit (loss) | 9901 | €46,784 | €23,120 | -€23,664 | -50.6% |
| Financial charges | 65/66B | €796 | €621 | -€175 | -22.0% |
| Recurring financial charges | 65 | €796 | €621 | -€175 | -22.0% |
| Profit (loss) for the period before taxes | 9903 | €45,989 | €22,500 | -€23,489 | -51.1% |
| Income taxes | 67/77 | €10,289 | €5,609 | -€4,680 | -45.5% |
| Profit (loss) for the period | 9904 | €35,700 | €16,890 | -€18,810 | -52.7% |
| Profit (loss) for the period to be appropriated | 9905 | €35,700 | €16,890 | -€18,810 | -52.7% |
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 13 October 2026 via checked.be.