LUTIMMO BUILD: 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.
LUTIMMO BUILD
Largest movements
- Receivables within one year +€212,236
up €212,236 (+434%), from €48,849 to €261,085
of which Trade receivables: +€215,682
- Financial fixed assets -€150,000
no longer reported in 2025 (was €150,000)
- Cash +€144,353
up €144,353 (+55.1%), from €262,157 to €406,510
mainly Investment in fixed assets (net) (+€150,000) and Trade debts (+€112,387)
- Tangible fixed assets -€14,090
down €14,090 (-4.0%), from €352,450 to €338,360
of which Land and buildings: -€10,219
- Trade debts +€112,387
up €112,387 (+118%), from €95,642 to €208,029
- Reserves +€70,000
up €70,000 (+44.2%), from €158,533 to €228,533
of which Distributable reserves: +€70,000
- Profit (loss) carried forward +€38,490
up €38,490 (+13.8%), from €278,239 to €316,729
- Other debts -€34,728
down €34,728 (-78.3%), from €44,364 to €9,636
- Accrued charges and deferred income +€20,000
new in 2025: €20,000
- Financial income +€38,819
up €38,819 (+2,707%), from €1,434 to €40,253
of which Non-recurring financial income: +€36,000
- Taxes +€2,522
up €2,522 (+7.8%), from €32,387 to €34,909
- Gross operating margin +€2,152
up €2,152 (+1.1%), from €188,134 to €190,286
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 | €833,456 | €1,035,955 | +€202,499 | +24.3% |
| Fixed assets | 21/28 | €502,450 | €338,360 | -€164,090 | -32.7% |
| Tangible fixed assets | 22/27 | €352,450 | €338,360 | -€14,090 | -4.0% |
| Land and buildings | 22 | €344,082 | €333,863 | -€10,219 | -3.0% |
| Plant, machinery and equipment | 23 | €1,338 | €310 | -€1,028 | -76.8% |
| Other tangible fixed assets | 26 | €7,030 | €4,187 | -€2,843 | -40.4% |
| Financial fixed assets | 28 | €150,000 | - | -€150,000 | |
| Current assets | 29/58 | €331,006 | €697,595 | +€366,589 | +111% |
| Amounts receivable after more than one year | 29 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Other amounts receivable | 291 | €20,000 | €30,000 | +€10,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €48,849 | €261,085 | +€212,236 | +434% |
| Trade receivables | 40 | €29,260 | €244,942 | +€215,682 | +737% |
| Other amounts receivable | 41 | €19,589 | €16,143 | -€3,446 | -17.6% |
| Cash at bank and in hand | 54/58 | €262,157 | €406,510 | +€144,353 | +55.1% |
| Total equity and liabilities | 10/49 | €833,456 | €1,035,955 | +€202,499 | +24.3% |
| Equity | 10/15 | €437,772 | €546,262 | +€108,490 | +24.8% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €158,533 | €228,533 | +€70,000 | +44.2% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Tax-exempt reserves | 132 | €28,433 | €28,433 | = | 0.0% |
| Distributable reserves | 133 | €130,000 | €200,000 | +€70,000 | +53.8% |
| Profit (loss) carried forward | 14 | €278,239 | €316,729 | +€38,490 | +13.8% |
| Amounts payable | 17/49 | €395,684 | €489,693 | +€94,009 | +23.8% |
| Amounts payable after more than one year | 17 | €183,066 | €188,812 | +€5,746 | +3.1% |
| Financial debts | 170/4 | €183,066 | €148,812 | -€34,254 | -18.7% |
| Other amounts payable | 178/9 | - | €40,000 | +€40,000 | |
| Amounts payable within one year | 42/48 | €212,618 | €280,881 | +€68,263 | +32.1% |
| Current portion of amounts payable after more than one year | 42 | €48,985 | €47,201 | -€1,784 | -3.6% |
| Trade debts | 44 | €95,642 | €208,029 | +€112,387 | +118% |
| Suppliers | 440/4 | €95,642 | €208,029 | +€112,387 | +118% |
| Taxes, remuneration and social security | 45 | €23,627 | €16,015 | -€7,612 | -32.2% |
| Taxes | 450/3 | €14,997 | €6,104 | -€8,893 | -59.3% |
| Remuneration and social security | 454/9 | €8,630 | €9,911 | +€1,281 | +14.8% |
| Other amounts payable | 47/48 | €44,364 | €9,636 | -€34,728 | -78.3% |
| Accrued charges and deferred income | 492/3 | - | €20,000 | +€20,000 | |
| Remuneration, social security and pensions | 62 | €61,654 | €61,873 | +€219 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,351 | €14,090 | -€261 | -1.8% |
| Other operating charges | 640/8 | €159 | €1,554 | +€1,395 | +877% |
| Gross operating margin | 9900 | €188,134 | €190,286 | +€2,152 | +1.1% |
| Operating profit (loss) | 9901 | €111,970 | €112,769 | +€799 | +0.7% |
| Financial income | 75/76B | €1,434 | €40,253 | +€38,819 | +2,707% |
| Recurring financial income | 75 | €1,434 | €4,253 | +€2,819 | +197% |
| Non-recurring financial income | 76B | - | €36,000 | +€36,000 | |
| Financial charges | 65/66B | €10,327 | €9,623 | -€704 | -6.8% |
| Recurring financial charges | 65 | €10,327 | €9,623 | -€704 | -6.8% |
| Profit (loss) for the period before taxes | 9903 | €103,077 | €143,399 | +€40,322 | +39.1% |
| Income taxes | 67/77 | €32,387 | €34,909 | +€2,522 | +7.8% |
| Profit (loss) for the period | 9904 | €70,690 | €108,490 | +€37,800 | +53.5% |
| Profit (loss) for the period to be appropriated | 9905 | €70,690 | €108,490 | +€37,800 | +53.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.