LUTIMMO: 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.
LUTIMMO
Largest movements
- Cash +€125,352
up €125,352 (+127.3%), from €98,464 to €223,816
mainly Net result for the year (+€106,205) and Depreciation (+€40,796)
- Tangible fixed assets -€40,796
down €40,796 (-6.0%), from €682,387 to €641,591
of which Land and buildings: -€30,840
- Receivables within one year +€21,223
up €21,223 (+270.7%), from €7,840 to €29,063
of which Trade receivables: +€21,711
- Profit (loss) carried forward +€106,205
up €106,205 (+7.6%), from €1.4m to €1.5m
- Purchases and services -€13,077
down €13,077 (-28.7%), from €45,490 to €32,413
- Gross operating margin +€8,846
up €8,846 (+4.1%), from €215,765 to €224,611
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 | €1,809,318 | €1,915,264 | +€105,946 | +5.9% |
| Fixed assets | 21/28 | €1,085,691 | €1,044,895 | -€40,796 | -3.8% |
| Tangible fixed assets | 22/27 | €682,387 | €641,591 | -€40,796 | -6.0% |
| Land and buildings | 22 | €651,468 | €620,628 | -€30,840 | -4.7% |
| Plant, machinery and equipment | 23 | €5,346 | €4,451 | -€895 | -16.7% |
| Furniture and vehicles | 24 | €13,186 | €4,124 | -€9,062 | -68.7% |
| Other tangible fixed assets | 26 | €12,388 | €12,388 | -€0 | 0.0% |
| Financial fixed assets | 28 | €403,305 | €403,305 | -€0 | 0.0% |
| Current assets | 29/58 | €723,626 | €870,368 | +€146,742 | +20.3% |
| Amounts receivable within one year | 40/41 | €7,840 | €29,063 | +€21,223 | +270.7% |
| Trade receivables | 40 | €6,800 | €28,511 | +€21,711 | +319.3% |
| Other amounts receivable | 41 | €1,040 | €552 | -€488 | -46.9% |
| Current investments | 50/53 | €600,000 | €600,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €98,464 | €223,816 | +€125,352 | +127.3% |
| Deferred charges and accrued income | 490/1 | €17,322 | €17,490 | +€168 | +1.0% |
| Total equity and liabilities | 10/49 | €1,809,318 | €1,915,264 | +€105,946 | +5.9% |
| Equity | 10/15 | - | €1,908,421 | +€1.9m | |
| Contributions | 10/11 | €372,000 | €372,000 | = | 0.0% |
| Capital | 10 | €372,000 | €372,000 | = | 0.0% |
| Issued capital | 100 | €372,000 | €372,000 | = | 0.0% |
| Reserves | 13 | €37,200 | €37,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €37,200 | €37,200 | = | 0.0% |
| Legal reserve | 130 | €37,200 | €37,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,393,016 | €1,499,221 | +€106,205 | +7.6% |
| Amounts payable | 17/49 | €7,102 | €6,843 | -€259 | -3.6% |
| Amounts payable within one year | 42/48 | €7,102 | €6,843 | -€259 | -3.6% |
| Trade debts | 44 | €1,215 | €4,843 | +€3,628 | +298.6% |
| Suppliers | 440/4 | €1,215 | €4,843 | +€3,628 | +298.6% |
| Taxes, remuneration and social security | 45 | €5,887 | €2,000 | -€3,887 | -66.0% |
| Taxes | 450/3 | €5,887 | €2,000 | -€3,887 | -66.0% |
| Turnover | 70 | €257,467 | €257,024 | -€443 | -0.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €45,490 | €32,413 | -€13,077 | -28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,796 | €40,796 | +€0 | 0.0% |
| Other operating charges | 640/8 | €59,024 | €60,871 | +€1,847 | +3.1% |
| Gross operating margin | 9900 | €215,765 | €224,611 | +€8,846 | +4.1% |
| Operating profit (loss) | 9901 | €115,945 | €122,943 | +€6,998 | +6.0% |
| Financial income | 75/76B | €19,260 | €19,260 | = | 0.0% |
| Recurring financial income | 75 | €19,260 | €19,260 | = | 0.0% |
| Financial charges | 65/66B | €1,521 | - | -€1,521 | |
| Recurring financial charges | 65 | €1,521 | - | -€1,521 | |
| Profit (loss) for the period before taxes | 9903 | €133,684 | €142,203 | +€8,519 | +6.4% |
| Income taxes | 67/77 | €34,307 | €35,999 | +€1,692 | +4.9% |
| Profit (loss) for the period | 9904 | €99,377 | €106,205 | +€6,828 | +6.9% |
| Profit (loss) for the period to be appropriated | 9905 | €99,377 | €106,205 | +€6,828 | +6.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.