LUTON: 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.
LUTON
Largest movements
- Receivables within one year +€17,584
up €17,584 (+798%), from €2,203 to €19,787
of which Other amounts receivable: +€15,044
- Intangible fixed assets -€7,777
down €7,777 (-12.2%), from €63,799 to €56,022
- Cash +€4,116
up €4,116 (+17.7%), from €23,251 to €27,367
mainly Net result for the year (+€25,506) and Tax, wage and social debts (+€21,937)
- Tangible fixed assets -€1,433
down €1,433 (-4.5%), from €32,090 to €30,657
of which Plant, machinery and equipment: -€2,700
- Other debts -€35,000
down €35,000 (-60.9%), from €57,450 to €22,450
- Profit (loss) carried forward +€25,506
up €25,506 (+76.8%), from €33,218 to €58,724
- Tax, wage and social debts +€21,937
up €21,937 (+123%), from €17,880 to €39,817
of which Remuneration and social security: +€11,870
- Staff costs +€50,274
up €50,274 (+113%), from €44,440 to €94,715
- Gross operating margin +€47,007
up €47,007 (+49.3%), from €95,396 to €142,403
- Depreciation +€6,377
up €6,377 (+76.3%), from €8,361 to €14,738
- Taxes -€1,638
down €1,638 (-18.1%), from €9,063 to €7,425
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €124,133 | €137,745 | +€13,613 | +11.0% |
| Fixed assets | 21/28 | €95,889 | €86,679 | -€9,210 | -9.6% |
| Intangible fixed assets | 21 | €63,799 | €56,022 | -€7,777 | -12.2% |
| Tangible fixed assets | 22/27 | €32,090 | €30,657 | -€1,433 | -4.5% |
| Plant, machinery and equipment | 23 | €12,598 | €9,898 | -€2,700 | -21.4% |
| Other tangible fixed assets | 26 | €19,493 | €20,759 | +€1,267 | +6.5% |
| Current assets | 29/58 | €28,244 | €51,066 | +€22,823 | +80.8% |
| Stocks and contracts in progress | 3 | €1,338 | €1,589 | +€251 | +18.7% |
| Stocks | 30/36 | €1,338 | €1,589 | +€251 | +18.7% |
| Amounts receivable within one year | 40/41 | €2,203 | €19,787 | +€17,584 | +798% |
| Trade receivables | 40 | €2,203 | €4,743 | +€2,540 | +115% |
| Other amounts receivable | 41 | - | €15,044 | +€15,044 | |
| Cash at bank and in hand | 54/58 | €23,251 | €27,367 | +€4,116 | +17.7% |
| Deferred charges and accrued income | 490/1 | €1,451 | €2,324 | +€872 | +60.1% |
| Total equity and liabilities | 10/49 | €124,133 | €137,745 | +€13,613 | +11.0% |
| Equity | 10/15 | €43,218 | €68,724 | +€25,506 | +59.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €33,218 | €58,724 | +€25,506 | +76.8% |
| Amounts payable | 17/49 | €80,915 | €69,022 | -€11,893 | -14.7% |
| Amounts payable within one year | 42/48 | €80,915 | €69,022 | -€11,893 | -14.7% |
| Trade debts | 44 | €5,585 | €6,755 | +€1,170 | +20.9% |
| Suppliers | 440/4 | €5,585 | €6,755 | +€1,170 | +20.9% |
| Taxes, remuneration and social security | 45 | €17,880 | €39,817 | +€21,937 | +123% |
| Taxes | 450/3 | €9,996 | €20,063 | +€10,067 | +101% |
| Remuneration and social security | 454/9 | €7,883 | €19,753 | +€11,870 | +151% |
| Other amounts payable | 47/48 | €57,450 | €22,450 | -€35,000 | -60.9% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €44,440 | €94,715 | +€50,274 | +113% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,361 | €14,738 | +€6,377 | +76.3% |
| Other operating charges | 640/8 | €233 | - | -€233 | |
| Gross operating margin | 9900 | €95,396 | €142,403 | +€47,007 | +49.3% |
| Operating profit (loss) | 9901 | €42,362 | €32,950 | -€9,412 | -22.2% |
| Financial charges | 65/66B | €81 | €19 | -€62 | -76.1% |
| Recurring financial charges | 65 | €81 | €19 | -€62 | -76.1% |
| Profit (loss) for the period before taxes | 9903 | €42,281 | €32,931 | -€9,350 | -22.1% |
| Income taxes | 67/77 | €9,063 | €7,425 | -€1,638 | -18.1% |
| Profit (loss) for the period | 9904 | €33,218 | €25,506 | -€7,712 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,218 | €25,506 | -€7,712 | -23.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.