LuTe Management: 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.
LuTe Management
Largest movements
- Cash +€4,639
up €4,639 (+3.1%), from €152,069 to €156,708
mainly Net result for the year (+€17,150) and Depreciation (+€60)
- Profit (loss) carried forward +€17,150
up €17,150 (+12.7%), from €134,704 to €151,854
- Tax, wage and social debts -€10,938
down €10,938 (-47.5%), from €23,049 to €12,111
of which Taxes: -€8,464
- Gross operating margin -€19,580
down €19,580 (-43.8%), from €44,719 to €25,139
- Taxes -€3,057
down €3,057 (-34.1%), from €8,951 to €5,894
- Other operating charges -€568
down €568 (-58.7%), from €968 to €400
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 | €166,923 | €171,557 | +€4,634 | +2.8% |
| Fixed assets | 21/28 | €60 | - | -€60 | |
| Tangible fixed assets | 22/27 | €60 | - | -€60 | |
| Plant, machinery and equipment | 23 | €60 | - | -€60 | |
| Current assets | 29/58 | €166,863 | €171,557 | +€4,693 | +2.8% |
| Amounts receivable within one year | 40/41 | €14,794 | €14,848 | +€54 | +0.4% |
| Trade receivables | 40 | €9,680 | €9,680 | = | 0.0% |
| Other amounts receivable | 41 | €5,114 | €5,168 | +€54 | +1.1% |
| Cash at bank and in hand | 54/58 | €152,069 | €156,708 | +€4,639 | +3.1% |
| Total equity and liabilities | 10/49 | €166,923 | €171,557 | +€4,634 | +2.8% |
| Equity | 10/15 | €141,704 | €158,854 | +€17,150 | +12.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €134,704 | €151,854 | +€17,150 | +12.7% |
| Amounts payable | 17/49 | €25,219 | €12,703 | -€12,517 | -49.6% |
| Amounts payable within one year | 42/48 | €25,219 | €12,703 | -€12,517 | -49.6% |
| Trade debts | 44 | €2,170 | €592 | -€1,579 | -72.7% |
| Suppliers | 440/4 | €2,170 | €592 | -€1,579 | -72.7% |
| Taxes, remuneration and social security | 45 | €23,049 | €12,111 | -€10,938 | -47.5% |
| Taxes | 450/3 | €20,575 | €12,111 | -€8,464 | -41.1% |
| Remuneration and social security | 454/9 | €2,474 | - | -€2,474 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €270 | €60 | -€210 | -77.8% |
| Other operating charges | 640/8 | €968 | €400 | -€568 | -58.7% |
| Gross operating margin | 9900 | €44,719 | €25,139 | -€19,580 | -43.8% |
| Operating profit (loss) | 9901 | €43,482 | €24,679 | -€18,803 | -43.2% |
| Financial income | 75/76B | €0 | €117 | +€117 | +145,650% |
| Recurring financial income | 75 | €0 | €117 | +€117 | +145,650% |
| Financial charges | 65/66B | €1,880 | €1,752 | -€128 | -6.8% |
| Recurring financial charges | 65 | €1,880 | €1,752 | -€128 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €41,602 | €23,044 | -€18,558 | -44.6% |
| Income taxes | 67/77 | €8,951 | €5,894 | -€3,057 | -34.1% |
| Profit (loss) for the period | 9904 | €32,651 | €17,150 | -€15,501 | -47.5% |
| Profit (loss) for the period to be appropriated | 9905 | €32,651 | €17,150 | -€15,501 | -47.5% |
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 21 October 2026 via checked.be.