LUTRA CONSULTING: 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.
LUTRA CONSULTING
Largest movements
- Current investments -€75,000
no longer reported in 2025 (was €75,000)
- Cash +€74,611
up €74,611 (+414%), from €18,031 to €92,642
mainly Current investments (+€75,000) and Other debts (+€60,379)
- Tangible fixed assets -€20,571
down €20,571 (-14.0%), from €146,536 to €125,965
of which Furniture and vehicles: -€11,520
- Receivables within one year +€17,237
up €17,237 (+319%), from €5,400 to €22,637
of which Trade receivables: +€15,742
- Profit (loss) carried forward -€63,953
down €63,953 (-80.9%), from €79,006 to €15,054
- Other debts +€60,379
up €60,379 (+157,238%), from €38 to €60,418
- Gross operating margin -€22,199
down €22,199 (-83.2%), from -€26,687 to -€48,886
- Depreciation -€9,387
down €9,387 (-37.1%), from €25,329 to €15,941
- Financial income +€861
up €861 (+82.4%), from €1,045 to €1,907
- Other operating charges -€490
down €490 (-50.0%), from €980 to €490
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 | €247,335 | €243,320 | -€4,015 | -1.6% |
| Fixed assets | 21/28 | €146,816 | €126,245 | -€20,571 | -14.0% |
| Tangible fixed assets | 22/27 | €146,536 | €125,965 | -€20,571 | -14.0% |
| Land and buildings | 22 | €124,919 | €115,868 | -€9,050 | -7.2% |
| Furniture and vehicles | 24 | €21,617 | €10,096 | -€11,520 | -53.3% |
| Financial fixed assets | 28 | €280 | €280 | = | 0.0% |
| Current assets | 29/58 | €100,519 | €117,076 | +€16,556 | +16.5% |
| Amounts receivable within one year | 40/41 | €5,400 | €22,637 | +€17,237 | +319% |
| Trade receivables | 40 | €898 | €16,640 | +€15,742 | +1,754% |
| Other amounts receivable | 41 | €4,502 | €5,997 | +€1,495 | +33.2% |
| Current investments | 50/53 | €75,000 | - | -€75,000 | |
| Cash at bank and in hand | 54/58 | €18,031 | €92,642 | +€74,611 | +414% |
| Deferred charges and accrued income | 490/1 | €2,089 | €1,797 | -€292 | -14.0% |
| Total equity and liabilities | 10/49 | €247,335 | €243,320 | -€4,015 | -1.6% |
| Equity | 10/15 | €245,790 | €181,838 | -€63,953 | -26.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €160,584 | €160,584 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €158,724 | €158,724 | = | 0.0% |
| Profit (loss) carried forward | 14 | €79,006 | €15,054 | -€63,953 | -80.9% |
| Amounts payable | 17/49 | €1,545 | €61,482 | +€59,938 | +3,881% |
| Amounts payable within one year | 42/48 | €1,195 | €61,482 | +€60,288 | +5,046% |
| Trade debts | 44 | €1,156 | €503 | -€653 | -56.5% |
| Suppliers | 440/4 | €1,156 | €503 | -€653 | -56.5% |
| Taxes, remuneration and social security | 45 | - | €561 | +€561 | |
| Taxes | 450/3 | - | €561 | +€561 | |
| Other amounts payable | 47/48 | €38 | €60,418 | +€60,379 | +157,238% |
| Accrued charges and deferred income | 492/3 | €350 | - | -€350 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,329 | €15,941 | -€9,387 | -37.1% |
| Other operating charges | 640/8 | €980 | €490 | -€490 | -50.0% |
| Gross operating margin | 9900 | -€26,687 | -€48,886 | -€22,199 | -83.2% |
| Operating profit (loss) | 9901 | -€52,995 | -€65,317 | -€12,322 | -23.3% |
| Financial income | 75/76B | €1,045 | €1,907 | +€861 | +82.4% |
| Recurring financial income | 75 | €1,045 | €1,907 | +€861 | +82.4% |
| Profit (loss) for the period before taxes | 9903 | -€51,950 | -€63,410 | -€11,460 | -22.1% |
| Income taxes | 67/77 | €518 | €542 | +€24 | +4.6% |
| Profit (loss) for the period | 9904 | -€52,468 | -€63,953 | -€11,484 | -21.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,468 | -€63,953 | -€11,484 | -21.9% |
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 22 October 2026 via checked.be.