LUTJEHARMS: 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.
LUTJEHARMS
Largest movements
- Receivables within one year +€75,860
up €75,860 (+154%), from €49,272 to €125,132
of which Trade receivables: +€62,647
- Tangible fixed assets +€35,201
up €35,201 (+6.8%), from €517,092 to €552,294
of which Furniture and vehicles: +€55,039
- Deferred charges and accrued income -€13,855
down €13,855 (-59.8%), from €23,174 to €9,319
- Profit (loss) carried forward +€57,937
up €57,937 (+30.1%), from -€192,458 to -€134,521
- Debts after one year +€25,816
up €25,816 (+6.0%), from €426,977 to €452,793
- Tax, wage and social debts +€22,092
up €22,092 (+132%), from €16,741 to €38,832
of which Remuneration and social security: +€23,336
- Other debts -€10,599
down €10,599 (-26.4%), from €40,118 to €29,518
- Gross operating margin +€163,447
up €163,447 (+53.1%), from €307,651 to €471,098
- Staff costs +€79,997
up €79,997 (+34.8%), from €230,150 to €310,147
- Other operating charges +€8,188
up €8,188 (+65.5%), from €12,492 to €20,679
- Depreciation +€4,908
up €4,908 (+8.0%), from €61,407 to €66,315
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 | €777,116 | €871,940 | +€94,824 | +12.2% |
| Fixed assets | 21/28 | €523,076 | €552,345 | +€29,269 | +5.6% |
| Intangible fixed assets | 21 | €5,984 | €52 | -€5,932 | -99.1% |
| Tangible fixed assets | 22/27 | €517,092 | €552,294 | +€35,201 | +6.8% |
| Land and buildings | 22 | €494,988 | €475,198 | -€19,790 | -4.0% |
| Plant, machinery and equipment | 23 | €14,601 | €14,554 | -€47 | -0.3% |
| Furniture and vehicles | 24 | €7,503 | €62,542 | +€55,039 | +734% |
| Current assets | 29/58 | €254,040 | €319,595 | +€65,555 | +25.8% |
| Stocks and contracts in progress | 3 | €121,146 | €121,146 | = | 0.0% |
| Stocks | 30/36 | €121,146 | €121,146 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €49,272 | €125,132 | +€75,860 | +154% |
| Trade receivables | 40 | €49,136 | €111,783 | +€62,647 | +127% |
| Other amounts receivable | 41 | €136 | €13,349 | +€13,213 | +9,743% |
| Cash at bank and in hand | 54/58 | €60,448 | €63,998 | +€3,550 | +5.9% |
| Deferred charges and accrued income | 490/1 | €23,174 | €9,319 | -€13,855 | -59.8% |
| Total equity and liabilities | 10/49 | €777,116 | €871,940 | +€94,824 | +12.2% |
| Equity | 10/15 | €36,942 | €94,879 | +€57,937 | +157% |
| Contributions | 10/11 | €229,400 | €229,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€192,458 | -€134,521 | +€57,937 | +30.1% |
| Amounts payable | 17/49 | €740,174 | €777,061 | +€36,887 | +5.0% |
| Amounts payable after more than one year | 17 | €426,977 | €452,793 | +€25,816 | +6.0% |
| Financial debts | 170/4 | €426,977 | €452,793 | +€25,816 | +6.0% |
| Amounts payable within one year | 42/48 | €313,196 | €324,268 | +€11,071 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €36,838 | €35,879 | -€959 | -2.6% |
| Financial debts | 43 | €124,422 | €124,469 | +€47 | 0.0% |
| Credit institutions | 430/8 | €124,422 | €124,469 | +€47 | 0.0% |
| Trade debts | 44 | €95,078 | €95,569 | +€490 | +0.5% |
| Suppliers | 440/4 | €95,078 | €95,569 | +€490 | +0.5% |
| Taxes, remuneration and social security | 45 | €16,741 | €38,832 | +€22,092 | +132% |
| Taxes | 450/3 | €5,908 | €4,665 | -€1,244 | -21.0% |
| Remuneration and social security | 454/9 | €10,832 | €34,168 | +€23,336 | +215% |
| Other amounts payable | 47/48 | €40,118 | €29,518 | -€10,599 | -26.4% |
| Non-recurring operating income | 76A | €15,000 | €1,138 | -€13,862 | -92.4% |
| Remuneration, social security and pensions | 62 | €230,150 | €310,147 | +€79,997 | +34.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,407 | €66,315 | +€4,908 | +8.0% |
| Other operating charges | 640/8 | €12,492 | €20,679 | +€8,188 | +65.5% |
| Gross operating margin | 9900 | €307,651 | €471,098 | +€163,447 | +53.1% |
| Operating profit (loss) | 9901 | €3,603 | €73,957 | +€70,355 | +1,953% |
| Financial income | 75/76B | €40 | €1,658 | +€1,618 | +4,032% |
| Recurring financial income | 75 | €40 | €1,658 | +€1,618 | +4,032% |
| Financial charges | 65/66B | €21,872 | €17,537 | -€4,334 | -19.8% |
| Recurring financial charges | 65 | €21,872 | €17,537 | -€4,334 | -19.8% |
| Profit (loss) for the period before taxes | 9903 | -€18,229 | €58,078 | +€76,307 | |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€18,229 | €57,937 | +€76,166 | |
| Profit (loss) for the period to be appropriated | 9905 | -€18,229 | €57,937 | +€76,166 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.