LUTECA: what changed
LUTECA
Largest movements
- Receivables within one year +€22,356
up €22,356 (+165%), from €13,525 to €35,881
of which Trade receivables: +€21,780
- Tangible fixed assets -€5,146
down €5,146 (-35.7%), from €14,405 to €9,259
of which Furniture and vehicles: -€2,930
- Other debts +€49,297
up €49,297 (+231%), from €21,320 to €70,617
- Profit (loss) carried forward -€33,905
down €33,905 (-186%), from -€18,193 to -€52,098
- Tax, wage and social debts +€3,168
up €3,168 (+84.6%), from €3,744 to €6,912
of which Remuneration and social security: +€4,050
- Trade debts -€2,428
down €2,428 (-22.2%), from €10,937 to €8,510
- Short-term financial debts +€1,628
up €1,628 (+38.4%), from €4,238 to €5,866
- Gross operating margin -€28,630
down €28,630, from €28,358 to -€272
- Staff costs -€18,847
down €18,847 (-42.7%), from €44,115 to €25,268
- Taxes -€1,796
down €1,796 (-81.8%), from €2,195 to €399
- Depreciation -€1,372
down €1,372 (-21.0%), from €6,518 to €5,146
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €27,930 | €45,141 | +€17,211 | +61.6% |
| Fixed assets | 21/28 | €14,405 | €9,259 | -€5,146 | -35.7% |
| Tangible fixed assets | 22/27 | €14,405 | €9,259 | -€5,146 | -35.7% |
| Furniture and vehicles | 24 | €7,671 | €4,741 | -€2,930 | -38.2% |
| Leasing and similar rights | 25 | €6,734 | €4,518 | -€2,216 | -32.9% |
| Current assets | 29/58 | €13,525 | €35,881 | +€22,356 | +165% |
| Amounts receivable within one year | 40/41 | €13,525 | €35,881 | +€22,356 | +165% |
| Trade receivables | 40 | €13,525 | €35,305 | +€21,780 | +161% |
| Other amounts receivable | 41 | - | €576 | +€576 | |
| Total equity and liabilities | 10/49 | €27,930 | €45,141 | +€17,211 | +61.6% |
| Equity | 10/15 | -€15,993 | -€49,898 | -€33,905 | -212% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,193 | -€52,098 | -€33,905 | -186% |
| Amounts payable | 17/49 | €43,923 | €95,039 | +€51,116 | +116% |
| Amounts payable within one year | 42/48 | €43,923 | €95,039 | +€51,116 | +116% |
| Current portion of amounts payable after more than one year | 42 | €3,684 | €3,135 | -€549 | -14.9% |
| Financial debts | 43 | €4,238 | €5,866 | +€1,628 | +38.4% |
| Credit institutions | 430/8 | €4,238 | €5,866 | +€1,628 | +38.4% |
| Trade debts | 44 | €10,937 | €8,510 | -€2,428 | -22.2% |
| Suppliers | 440/4 | €10,937 | €8,510 | -€2,428 | -22.2% |
| Taxes, remuneration and social security | 45 | €3,744 | €6,912 | +€3,168 | +84.6% |
| Taxes | 450/3 | €882 | - | -€882 | |
| Remuneration and social security | 454/9 | €2,862 | €6,912 | +€4,050 | +142% |
| Other amounts payable | 47/48 | €21,320 | €70,617 | +€49,297 | +231% |
| Remuneration, social security and pensions | 62 | €44,115 | €25,268 | -€18,847 | -42.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,518 | €5,146 | -€1,372 | -21.0% |
| Other operating charges | 640/8 | €1,152 | €1,404 | +€252 | +21.9% |
| Gross operating margin | 9900 | €28,358 | -€272 | -€28,630 | |
| Operating profit (loss) | 9901 | -€23,427 | -€32,090 | -€8,663 | -37.0% |
| Financial income | 75/76B | €77 | €117 | +€40 | +52.2% |
| Recurring financial income | 75 | €77 | €117 | +€40 | +52.2% |
| Financial charges | 65/66B | €1,321 | €1,533 | +€212 | +16.0% |
| Recurring financial charges | 65 | €1,321 | €1,533 | +€212 | +16.0% |
| Profit (loss) for the period before taxes | 9903 | -€24,671 | -€33,506 | -€8,835 | -35.8% |
| Income taxes | 67/77 | €2,195 | €399 | -€1,796 | -81.8% |
| Profit (loss) for the period | 9904 | -€26,866 | -€33,905 | -€7,039 | -26.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€26,866 | -€33,905 | -€7,039 | -26.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.