Lust Sweet & Salty: 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 Sweet & Salty
Largest movements
- Cash -€65,861
down €65,861 (-100.0%), from €65,865 to €4
mainly Trade debts (-€57,150) and Receivables within one year (-€56,927)
- Receivables within one year +€56,927
up €56,927 (+1,215%), from €4,687 to €61,614
of which Other amounts receivable: +€53,940
- Formation expenses -€7,501
down €7,501 (-20.0%), from €37,506 to €30,005
- Tangible fixed assets -€5,998
down €5,998 (-23.2%), from €25,863 to €19,865
of which Other tangible fixed assets: -€4,706
- Trade debts -€57,150
down €57,150 (-89.9%), from €63,574 to €6,424
- Profit (loss) carried forward +€12,105
up €12,105 (+26.9%), from -€44,976 to -€32,871
- Short-term financial debts +€10,996
up €10,996 (+69.2%), from €15,883 to €26,879
- Tax, wage and social debts +€9,032
up €9,032 (+43.0%), from €20,983 to €30,015
of which Taxes: +€8,897
- Current portion of long-term debt +€4,194
new in 2025: €4,194
- Taxes +€18,375
new in 2025: €18,375
- Gross operating margin -€11,671
down €11,671 (-11.8%), from €98,914 to €87,243
- Financial charges +€9,022
up €9,022 (+73.7%), from €12,244 to €21,265
of which Financial charges: +€6,556
- Staff costs +€8,325
up €8,325 (+66.5%), from €12,524 to €20,849
- Depreciation +€6,924
up €6,924 (+105%), from €6,575 to €13,499
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 | €142,920 | €120,488 | -€22,433 | -15.7% |
| Formation expenses | 20 | €37,506 | €30,005 | -€7,501 | -20.0% |
| Fixed assets | 21/28 | €34,863 | €28,865 | -€5,998 | -17.2% |
| Tangible fixed assets | 22/27 | €25,863 | €19,865 | -€5,998 | -23.2% |
| Plant, machinery and equipment | 23 | €975 | €429 | -€546 | -56.0% |
| Furniture and vehicles | 24 | €1,475 | €729 | -€745 | -50.6% |
| Other tangible fixed assets | 26 | €23,413 | €18,707 | -€4,706 | -20.1% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €70,552 | €61,618 | -€8,933 | -12.7% |
| Amounts receivable within one year | 40/41 | €4,687 | €61,614 | +€56,927 | +1,215% |
| Trade receivables | 40 | - | €2,988 | +€2,988 | |
| Other amounts receivable | 41 | €4,687 | €58,626 | +€53,940 | +1,151% |
| Cash at bank and in hand | 54/58 | €65,865 | €4 | -€65,861 | -100.0% |
| Total equity and liabilities | 10/49 | €142,920 | €120,488 | -€22,433 | -15.7% |
| Equity | 10/15 | -€13,537 | -€1,432 | +€12,105 | +89.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,839 | €12,839 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,839 | €12,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,976 | -€32,871 | +€12,105 | +26.9% |
| Amounts payable | 17/49 | €156,457 | €121,920 | -€34,537 | -22.1% |
| Amounts payable after more than one year | 17 | €56,017 | €54,409 | -€1,609 | -2.9% |
| Financial debts | 170/4 | €56,017 | €54,409 | -€1,609 | -2.9% |
| Amounts payable within one year | 42/48 | €100,440 | €67,511 | -€32,928 | -32.8% |
| Current portion of amounts payable after more than one year | 42 | - | €4,194 | +€4,194 | |
| Financial debts | 43 | €15,883 | €26,879 | +€10,996 | +69.2% |
| Credit institutions | 430/8 | €15,883 | €26,879 | +€10,996 | +69.2% |
| Trade debts | 44 | €63,574 | €6,424 | -€57,150 | -89.9% |
| Suppliers | 440/4 | €63,574 | €6,424 | -€57,150 | -89.9% |
| Taxes, remuneration and social security | 45 | €20,983 | €30,015 | +€9,032 | +43.0% |
| Taxes | 450/3 | €20,983 | €29,880 | +€8,897 | +42.4% |
| Remuneration and social security | 454/9 | - | €135 | +€135 | |
| Remuneration, social security and pensions | 62 | €12,524 | €20,849 | +€8,325 | +66.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,575 | €13,499 | +€6,924 | +105% |
| Other operating charges | 640/8 | €6,395 | €1,250 | -€5,145 | -80.5% |
| Gross operating margin | 9900 | €98,914 | €87,243 | -€11,671 | -11.8% |
| Operating profit (loss) | 9901 | €73,420 | €51,645 | -€21,775 | -29.7% |
| Financial income | 75/76B | €95 | €100 | +€5 | +5.3% |
| Recurring financial income | 75 | €95 | €100 | +€5 | +5.3% |
| Financial charges | 65/66B | €12,244 | €21,265 | +€9,022 | +73.7% |
| Recurring financial charges | 65 | €12,244 | €18,800 | +€6,556 | +53.5% |
| Non-recurring financial charges | 66B | - | €2,466 | +€2,466 | |
| Profit (loss) for the period before taxes | 9903 | €61,271 | €30,479 | -€30,792 | -50.3% |
| Income taxes | 67/77 | - | €18,375 | +€18,375 | |
| Profit (loss) for the period | 9904 | €61,271 | €12,105 | -€49,166 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €61,271 | €12,105 | -€49,166 | -80.2% |
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 24 October 2026 via checked.be.