LUTI IT: what changed
LUTI IT
Largest movements
- Cash +€26,420
up €26,420 (+875%), from €3,020 to €29,440
mainly Tax, wage and social debts (+€15,465) and Receivables within one year (+€11,165)
- Receivables within one year -€11,165
down €11,165 (-55.1%), from €20,254 to €9,088
of which Trade receivables: -€9,931
- Tangible fixed assets -€1,238
down €1,238 (-7.5%), from €16,428 to €15,190
of which Furniture and vehicles: -€3,579
- Tax, wage and social debts +€15,465
up €15,465 (+1,347%), from €1,148 to €16,612
of which Remuneration and social security: +€16,538
- Trade debts +€7,291
up €7,291 (+627%), from €1,163 to €8,454
- Other debts -€5,946
down €5,946 (-23.5%), from €25,298 to €19,352
- Profit (loss) carried forward -€3,309
down €3,309 (-7.7%), from -€42,978 to -€46,287
- Staff costs +€9,699
new in 2025: €9,699
- Taxes -€1,718
down €1,718 (-95.8%), from €1,793 to €75
- Depreciation +€1,618
up €1,618 (+38.3%), from €4,222 to €5,840
- Gross operating margin -€1,188
down €1,188 (-6.2%), from €19,041 to €17,854
- Other operating charges -€455
down €455 (-7.8%), from €5,865 to €5,410
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
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €40,726 | €54,227 | +€13,501 | +33.2% |
| Fixed assets | 21/28 | €16,428 | €15,190 | -€1,238 | -7.5% |
| Tangible fixed assets | 22/27 | €16,428 | €15,190 | -€1,238 | -7.5% |
| Land and buildings | 22 | - | €3,299 | +€3,299 | |
| Furniture and vehicles | 24 | €9,640 | €6,061 | -€3,579 | -37.1% |
| Other tangible fixed assets | 26 | €6,788 | €5,830 | -€958 | -14.1% |
| Current assets | 29/58 | €24,298 | €39,037 | +€14,739 | +60.7% |
| Amounts receivable within one year | 40/41 | €20,254 | €9,088 | -€11,165 | -55.1% |
| Trade receivables | 40 | €17,631 | €7,700 | -€9,931 | -56.3% |
| Other amounts receivable | 41 | €2,623 | €1,388 | -€1,235 | -47.1% |
| Cash at bank and in hand | 54/58 | €3,020 | €29,440 | +€26,420 | +875% |
| Deferred charges and accrued income | 490/1 | €1,024 | €508 | -€516 | -50.4% |
| Total equity and liabilities | 10/49 | €40,726 | €54,227 | +€13,501 | +33.2% |
| Equity | 10/15 | €13,117 | €9,808 | -€3,309 | -25.2% |
| Contributions | 10/11 | €33,400 | €33,400 | = | 0.0% |
| Reserves | 13 | €22,695 | €22,695 | = | 0.0% |
| Distributable reserves | 133 | €22,695 | €22,695 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,978 | -€46,287 | -€3,309 | -7.7% |
| Amounts payable | 17/49 | €27,609 | €44,419 | +€16,810 | +60.9% |
| Amounts payable within one year | 42/48 | €27,609 | €44,419 | +€16,810 | +60.9% |
| Trade debts | 44 | €1,163 | €8,454 | +€7,291 | +627% |
| Suppliers | 440/4 | €1,163 | €8,454 | +€7,291 | +627% |
| Taxes, remuneration and social security | 45 | €1,148 | €16,612 | +€15,465 | +1,347% |
| Taxes | 450/3 | €1,148 | €75 | -€1,073 | -93.5% |
| Remuneration and social security | 454/9 | - | €16,538 | +€16,538 | |
| Other amounts payable | 47/48 | €25,298 | €19,352 | -€5,946 | -23.5% |
| Remuneration, social security and pensions | 62 | - | €9,699 | +€9,699 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,222 | €5,840 | +€1,618 | +38.3% |
| Other operating charges | 640/8 | €5,865 | €5,410 | -€455 | -7.8% |
| Gross operating margin | 9900 | €19,041 | €17,854 | -€1,188 | -6.2% |
| Operating profit (loss) | 9901 | €8,955 | -€3,094 | -€12,049 | |
| Financial income | 75/76B | €4 | €3 | -€1 | -18.7% |
| Recurring financial income | 75 | €4 | €3 | -€1 | -18.7% |
| Financial charges | 65/66B | €261 | €143 | -€118 | -45.1% |
| Recurring financial charges | 65 | €261 | €143 | -€118 | -45.1% |
| Profit (loss) for the period before taxes | 9903 | €8,698 | -€3,234 | -€11,932 | |
| Income taxes | 67/77 | €1,793 | €75 | -€1,718 | -95.8% |
| Profit (loss) for the period | 9904 | €6,905 | -€3,309 | -€10,214 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,905 | -€3,309 | -€10,214 |
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 1 November 2026 via checked.be.