LUTINCO: 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.
LUTINCO
Largest movements
- Cash -€168,798
down €168,798 (-53.6%), from €314,805 to €146,007
mainly Tax, wage and social debts (-€116,459) and Receivables within one year (-€47,535)
- Receivables within one year +€47,535
up €47,535 (+22.5%), from €210,862 to €258,397
of which Other amounts receivable: +€43,935
- Tax, wage and social debts -€116,459
no longer reported in 2025 (was €116,459)
- Profit (loss) carried forward -€6,670
down €6,670 (-15.1%), from -€44,146 to -€50,816
- Gross operating margin +€202
up €202 (+3.6%), from -€5,585 to -€5,383
- Other operating charges -€201
down €201 (-16.4%), from €1,222 to €1,021
- Financial charges +€113
up €113 (+74.0%), from €153 to €266
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 | €531,005 | €405,511 | -€125,494 | -23.6% |
| Current assets | 29/58 | €531,005 | €405,511 | -€125,494 | -23.6% |
| Stocks and contracts in progress | 3 | €1,235 | €520 | -€715 | -57.9% |
| Stocks | 30/36 | €1,235 | €520 | -€715 | -57.9% |
| Amounts receivable within one year | 40/41 | €210,862 | €258,397 | +€47,535 | +22.5% |
| Trade receivables | 40 | €92,449 | €96,049 | +€3,600 | +3.9% |
| Other amounts receivable | 41 | €118,413 | €162,348 | +€43,935 | +37.1% |
| Cash at bank and in hand | 54/58 | €314,805 | €146,007 | -€168,798 | -53.6% |
| Deferred charges and accrued income | 490/1 | €4,103 | €587 | -€3,515 | -85.7% |
| Total equity and liabilities | 10/49 | €531,005 | €405,511 | -€125,494 | -23.6% |
| Equity | 10/15 | €373,736 | €367,067 | -€6,670 | -1.8% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €355,883 | €355,883 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €349,683 | €349,683 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€44,146 | -€50,816 | -€6,670 | -15.1% |
| Amounts payable | 17/49 | €157,269 | €38,444 | -€118,825 | -75.6% |
| Amounts payable within one year | 42/48 | €157,269 | €38,444 | -€118,825 | -75.6% |
| Trade debts | 44 | €40,809 | €37,894 | -€2,915 | -7.1% |
| Suppliers | 440/4 | €40,809 | €37,894 | -€2,915 | -7.1% |
| Advances received on contracts in progress | 46 | - | €550 | +€550 | |
| Taxes, remuneration and social security | 45 | €116,459 | - | -€116,459 | |
| Taxes | 450/3 | €116,459 | - | -€116,459 | |
| Other operating charges | 640/8 | €1,222 | €1,021 | -€201 | -16.4% |
| Gross operating margin | 9900 | -€5,585 | -€5,383 | +€202 | +3.6% |
| Operating profit (loss) | 9901 | -€6,806 | -€6,404 | +€402 | +5.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €153 | €266 | +€113 | +74.0% |
| Recurring financial charges | 65 | €153 | €266 | +€113 | +74.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,959 | -€6,670 | +€289 | +4.2% |
| Profit (loss) for the period | 9904 | -€6,959 | -€6,670 | +€289 | +4.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,959 | -€6,670 | +€289 | +4.2% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.