LUTOYA: 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.
LUTOYA
Largest movements
- Tangible fixed assets -€51,306
down €51,306 (-7.1%), from €719,449 to €668,142
of which Land and buildings: -€35,238
- Cash +€16,085
up €16,085 (+31.2%), from €51,627 to €67,712
mainly Depreciation (+€49,195) and Stocks and contracts (+€12,244)
- Receivables within one year +€13,813
up €13,813 (+28.9%), from €47,743 to €61,556
of which Trade receivables: +€13,995
- Stocks and contracts -€12,244
down €12,244 (-66.5%), from €18,418 to €6,173
- Debts after one year -€43,499
down €43,499 (-6.7%), from €649,065 to €605,566
- Gross operating margin -€24,336
down €24,336 (-15.1%), from €160,920 to €136,584
- Staff costs +€9,964
up €9,964 (+18.7%), from €53,300 to €63,264
- Taxes -€8,340
down €8,340 (-66.3%), from €12,586 to €4,246
- Depreciation -€1,811
down €1,811 (-3.6%), from €51,006 to €49,195
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 | €841,795 | €805,600 | -€36,195 | -4.3% |
| Fixed assets | 21/28 | €719,449 | €668,142 | -€51,306 | -7.1% |
| Tangible fixed assets | 22/27 | €719,449 | €668,142 | -€51,306 | -7.1% |
| Land and buildings | 22 | €666,721 | €631,483 | -€35,238 | -5.3% |
| Plant, machinery and equipment | 23 | €50,378 | €36,616 | -€13,762 | -27.3% |
| Furniture and vehicles | 24 | €2,350 | €43 | -€2,306 | -98.2% |
| Current assets | 29/58 | €122,347 | €137,458 | +€15,111 | +12.4% |
| Stocks and contracts in progress | 3 | €18,418 | €6,173 | -€12,244 | -66.5% |
| Stocks | 30/36 | €18,418 | €6,173 | -€12,244 | -66.5% |
| Amounts receivable within one year | 40/41 | €47,743 | €61,556 | +€13,813 | +28.9% |
| Trade receivables | 40 | €43,396 | €57,391 | +€13,995 | +32.3% |
| Other amounts receivable | 41 | €4,347 | €4,165 | -€183 | -4.2% |
| Cash at bank and in hand | 54/58 | €51,627 | €67,712 | +€16,085 | +31.2% |
| Deferred charges and accrued income | 490/1 | €4,559 | €2,017 | -€2,542 | -55.8% |
| Total equity and liabilities | 10/49 | €841,795 | €805,600 | -€36,195 | -4.3% |
| Equity | 10/15 | €66,744 | €72,977 | +€6,233 | +9.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €60,544 | €66,777 | +€6,233 | +10.3% |
| Distributable reserves | 133 | €60,544 | €66,777 | +€6,233 | +10.3% |
| Amounts payable | 17/49 | €775,051 | €732,623 | -€42,428 | -5.5% |
| Amounts payable after more than one year | 17 | €649,065 | €605,566 | -€43,499 | -6.7% |
| Financial debts | 170/4 | €649,065 | €605,566 | -€43,499 | -6.7% |
| Amounts payable within one year | 42/48 | €125,986 | €127,057 | +€1,071 | +0.8% |
| Current portion of amounts payable after more than one year | 42 | €38,570 | €39,190 | +€620 | +1.6% |
| Trade debts | 44 | €62,635 | €59,421 | -€3,214 | -5.1% |
| Suppliers | 440/4 | €62,635 | €59,421 | -€3,214 | -5.1% |
| Taxes, remuneration and social security | 45 | €16,828 | €17,318 | +€491 | +2.9% |
| Taxes | 450/3 | €2,886 | - | -€2,886 | |
| Remuneration and social security | 454/9 | €13,942 | €17,318 | +€3,377 | +24.2% |
| Other amounts payable | 47/48 | €7,954 | €11,128 | +€3,174 | +39.9% |
| Non-recurring operating income | 76A | - | €389 | +€389 | |
| Remuneration, social security and pensions | 62 | €53,300 | €63,264 | +€9,964 | +18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,006 | €49,195 | -€1,811 | -3.6% |
| Other operating charges | 640/8 | €2,639 | €3,632 | +€993 | +37.6% |
| Gross operating margin | 9900 | €160,920 | €136,584 | -€24,336 | -15.1% |
| Operating profit (loss) | 9901 | €53,974 | €20,493 | -€33,481 | -62.0% |
| Financial income | 75/76B | €62 | €667 | +€605 | +983% |
| Recurring financial income | 75 | €62 | €667 | +€605 | +983% |
| Financial charges | 65/66B | €10,406 | €10,681 | +€275 | +2.6% |
| Recurring financial charges | 65 | €10,406 | €10,681 | +€275 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €43,629 | €10,478 | -€33,151 | -76.0% |
| Income taxes | 67/77 | €12,586 | €4,246 | -€8,340 | -66.3% |
| Profit (loss) for the period | 9904 | €31,043 | €6,233 | -€24,810 | -79.9% |
| Profit (loss) for the period to be appropriated | 9905 | €31,043 | €6,233 | -€24,810 | -79.9% |
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 15 October 2026 via checked.be.