Luts Solutions & Services: what changed
Two fiscal 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.
Luts Solutions & Services
Largest movements
- Cash +€5,006
up €5,006 (+10.6%), from €47,297 to €52,303
mainly Net result for the year (+€23,105) and Depreciation (+€3,926)
- Tangible fixed assets +€3,490
up €3,490 (+63.3%), from €5,511 to €9,001
- Receivables after one year +€1,877
up €1,877 (+2.2%), from €85,296 to €87,173
- Reserves +€23,105
up €23,105 (+17.5%), from €132,071 to €155,177
- Tax, wage and social debts -€14,566
down €14,566 (-93.6%), from €15,566 to €1,000
- Gross operating margin -€24,892
down €24,892 (-42.7%), from €58,255 to €33,363
- Taxes -€5,251
down €5,251 (-43.3%), from €12,135 to €6,884
- Depreciation +€1,356
up €1,356 (+52.8%), from €2,569 to €3,926
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 | €155,282 | €164,634 | +€9,352 | +6.0% |
| Fixed assets | 21/28 | €5,511 | €9,001 | +€3,490 | +63.3% |
| Tangible fixed assets | 22/27 | €5,511 | €9,001 | +€3,490 | +63.3% |
| Furniture and vehicles | 24 | €5,511 | €9,001 | +€3,490 | +63.3% |
| Current assets | 29/58 | €149,770 | €155,633 | +€5,862 | +3.9% |
| Amounts receivable after more than one year | 29 | €85,296 | €87,173 | +€1,877 | +2.2% |
| Other amounts receivable | 291 | €85,296 | €87,173 | +€1,877 | +2.2% |
| Amounts receivable within one year | 40/41 | €17,177 | €16,157 | -€1,020 | -5.9% |
| Trade receivables | 40 | €17,177 | €11,979 | -€5,198 | -30.3% |
| Other amounts receivable | 41 | - | €4,178 | +€4,178 | |
| Cash at bank and in hand | 54/58 | €47,297 | €52,303 | +€5,006 | +10.6% |
| Total equity and liabilities | 10/49 | €155,282 | €164,634 | +€9,352 | +6.0% |
| Equity | 10/15 | €134,571 | €157,677 | +€23,105 | +17.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €132,071 | €155,177 | +€23,105 | +17.5% |
| Distributable reserves | 133 | €132,071 | €155,177 | +€23,105 | +17.5% |
| Amounts payable | 17/49 | €20,710 | €6,957 | -€13,753 | -66.4% |
| Amounts payable within one year | 42/48 | €20,710 | €6,957 | -€13,753 | -66.4% |
| Trade debts | 44 | €291 | €81 | -€210 | -72.1% |
| Suppliers | 440/4 | €291 | €81 | -€210 | -72.1% |
| Taxes, remuneration and social security | 45 | €15,566 | €1,000 | -€14,566 | -93.6% |
| Taxes | 450/3 | €15,566 | €1,000 | -€14,566 | -93.6% |
| Other amounts payable | 47/48 | €4,854 | €5,876 | +€1,023 | +21.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,569 | €3,926 | +€1,356 | +52.8% |
| Other operating charges | 640/8 | €320 | €835 | +€514 | +160.7% |
| Gross operating margin | 9900 | €58,255 | €33,363 | -€24,892 | -42.7% |
| Operating profit (loss) | 9901 | €55,366 | €28,602 | -€26,763 | -48.3% |
| Financial income | 75/76B | €1,841 | €1,877 | +€35 | +1.9% |
| Recurring financial income | 75 | €1,841 | €1,877 | +€35 | +1.9% |
| Financial charges | 65/66B | €643 | €489 | -€154 | -23.9% |
| Recurring financial charges | 65 | €643 | €489 | -€154 | -23.9% |
| Profit (loss) for the period before taxes | 9903 | €56,563 | €29,989 | -€26,574 | -47.0% |
| Income taxes | 67/77 | €12,135 | €6,884 | -€5,251 | -43.3% |
| Profit (loss) for the period | 9904 | €44,429 | €23,105 | -€21,323 | -48.0% |
| Profit (loss) for the period to be appropriated | 9905 | €44,429 | €23,105 | -€21,323 | -48.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.