LUSTRE: 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.
LUSTRE
Largest movements
- Cash +€193,893
up €193,893 (+15740.1%), from €1,232 to €195,125
mainly Net result for the year (+€159,554) and Other debts (+€69,451)
- Tangible fixed assets +€75,514
up €75,514 (+585.3%), from €12,902 to €88,416
of which Furniture and vehicles: +€71,183
- Profit (loss) carried forward +€159,554
up €159,554, from -€6,010 to €153,544
- Other debts +€69,451
up €69,451 (+850.6%), from €8,165 to €77,616
- Tax, wage and social debts +€52,322
up €52,322 (+427.9%), from €12,229 to €64,551
of which Taxes: +€51,536
- Trade debts -€9,028
down €9,028 (-26.2%), from €34,453 to €25,425
- Gross operating margin +€181,790
up €181,790 (+184.6%), from €98,496 to €280,287
- Taxes +€49,524
new in 2025: €49,524
- Staff costs +€19,860
up €19,860 (+50.9%), from €39,031 to €58,892
- Depreciation +€6,054
up €6,054 (+178.9%), from €3,384 to €9,438
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 | €69,299 | €341,598 | +€272,299 | +392.9% |
| Fixed assets | 21/28 | €13,102 | €88,616 | +€75,514 | +576.4% |
| Tangible fixed assets | 22/27 | €12,902 | €88,416 | +€75,514 | +585.3% |
| Plant, machinery and equipment | 23 | - | €6,358 | +€6,358 | |
| Furniture and vehicles | 24 | €449 | €71,633 | +€71,183 | +15838.9% |
| Other tangible fixed assets | 26 | €12,453 | €10,425 | -€2,027 | -16.3% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €56,197 | €252,982 | +€196,786 | +350.2% |
| Amounts receivable within one year | 40/41 | €54,910 | €57,857 | +€2,947 | +5.4% |
| Trade receivables | 40 | €6,001 | €22,915 | +€16,914 | +281.9% |
| Other amounts receivable | 41 | €48,909 | €34,942 | -€13,967 | -28.6% |
| Cash at bank and in hand | 54/58 | €1,232 | €195,125 | +€193,893 | +15740.1% |
| Deferred charges and accrued income | 490/1 | €55 | - | -€55 | |
| Total equity and liabilities | 10/49 | €69,299 | €341,598 | +€272,299 | +392.9% |
| Equity | 10/15 | €14,450 | €174,004 | +€159,554 | +1104.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,010 | €153,544 | +€159,554 | |
| Amounts payable | 17/49 | €54,849 | €167,594 | +€112,745 | +205.6% |
| Amounts payable within one year | 42/48 | €54,849 | €167,594 | +€112,745 | +205.6% |
| Financial debts | 43 | €2 | €2 | = | 0.0% |
| Credit institutions | 430/8 | €2 | €2 | = | 0.0% |
| Trade debts | 44 | €34,453 | €25,425 | -€9,028 | -26.2% |
| Suppliers | 440/4 | €34,453 | €25,425 | -€9,028 | -26.2% |
| Taxes, remuneration and social security | 45 | €12,229 | €64,551 | +€52,322 | +427.9% |
| Taxes | 450/3 | €860 | €52,396 | +€51,536 | +5991.0% |
| Remuneration and social security | 454/9 | €11,369 | €12,155 | +€786 | +6.9% |
| Other amounts payable | 47/48 | €8,165 | €77,616 | +€69,451 | +850.6% |
| Remuneration, social security and pensions | 62 | €39,031 | €58,892 | +€19,860 | +50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,384 | €9,438 | +€6,054 | +178.9% |
| Other operating charges | 640/8 | €3,432 | €2,043 | -€1,389 | -40.5% |
| Gross operating margin | 9900 | €98,496 | €280,287 | +€181,790 | +184.6% |
| Operating profit (loss) | 9901 | €52,650 | €209,915 | +€157,265 | +298.7% |
| Financial income | 75/76B | €191 | €206 | +€15 | +8.0% |
| Recurring financial income | 75 | €191 | €206 | +€15 | +8.0% |
| Financial charges | 65/66B | €1,319 | €1,042 | -€277 | -21.0% |
| Recurring financial charges | 65 | €1,319 | €1,042 | -€277 | -21.0% |
| Profit (loss) for the period before taxes | 9903 | €51,521 | €209,078 | +€157,557 | +305.8% |
| Income taxes | 67/77 | - | €49,524 | +€49,524 | |
| Profit (loss) for the period | 9904 | €51,521 | €159,554 | +€108,033 | +209.7% |
| Profit (loss) for the period to be appropriated | 9905 | €51,521 | €159,554 | +€108,033 | +209.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.