LUTTIX: 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.
LUTTIX
Largest movements
- Cash -€3,176
down €3,176 (-52.9%), from €6,005 to €2,829
mainly Investment in fixed assets (net) (-€2,261) and Net result for the year (-€1,584)
- Receivables within one year +€886
up €886 (+4.2%), from €21,022 to €21,908
of which Other amounts receivable: +€886
- Tangible fixed assets +€589
up €589 (+7.7%), from €7,640 to €8,229
of which Plant, machinery and equipment: +€1,270
- Profit (loss) carried forward -€1,584
down €1,584 (-11.6%), from €13,601 to €12,017
- Gross operating margin +€1,328
up €1,328 (+92.6%), from -€1,434 to -€106
- Other operating charges +€421
up €421 (+2,339%), from €18 to €439
- Depreciation +€151
up €151 (+9.9%), from €1,521 to €1,672
- Financial income +€47
up €47 (+6.0%), from €787 to €834
- Financial charges -€24
down €24 (-10.7%), from €225 to €201
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 | €34,667 | €32,966 | -€1,701 | -4.9% |
| Fixed assets | 21/28 | €7,640 | €8,229 | +€589 | +7.7% |
| Tangible fixed assets | 22/27 | €7,640 | €8,229 | +€589 | +7.7% |
| Land and buildings | 22 | €4,910 | €4,229 | -€681 | -13.9% |
| Plant, machinery and equipment | 23 | €2,730 | €4,000 | +€1,270 | +46.5% |
| Current assets | 29/58 | €27,027 | €24,737 | -€2,290 | -8.5% |
| Amounts receivable within one year | 40/41 | €21,022 | €21,908 | +€886 | +4.2% |
| Trade receivables | 40 | €2,620 | €2,620 | = | 0.0% |
| Other amounts receivable | 41 | €18,402 | €19,288 | +€886 | +4.8% |
| Cash at bank and in hand | 54/58 | €6,005 | €2,829 | -€3,176 | -52.9% |
| Total equity and liabilities | 10/49 | €34,667 | €32,966 | -€1,701 | -4.9% |
| Equity | 10/15 | €33,621 | €32,037 | -€1,584 | -4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,420 | €1,420 | = | 0.0% |
| Distributable reserves | 133 | €1,420 | €1,420 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,601 | €12,017 | -€1,584 | -11.6% |
| Amounts payable | 17/49 | €1,046 | €929 | -€117 | -11.2% |
| Amounts payable within one year | 42/48 | €1,046 | €929 | -€117 | -11.2% |
| Trade debts | 44 | €1,046 | €929 | -€117 | -11.2% |
| Suppliers | 440/4 | €1,046 | €929 | -€117 | -11.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,521 | €1,672 | +€151 | +9.9% |
| Other operating charges | 640/8 | €18 | €439 | +€421 | +2,339% |
| Gross operating margin | 9900 | -€1,434 | -€106 | +€1,328 | +92.6% |
| Operating profit (loss) | 9901 | -€2,973 | -€2,217 | +€756 | +25.4% |
| Financial income | 75/76B | €787 | €834 | +€47 | +6.0% |
| Recurring financial income | 75 | €787 | €834 | +€47 | +6.0% |
| Financial charges | 65/66B | €225 | €201 | -€24 | -10.7% |
| Recurring financial charges | 65 | €225 | €201 | -€24 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,411 | -€1,584 | +€827 | +34.3% |
| Profit (loss) for the period | 9904 | -€2,411 | -€1,584 | +€827 | +34.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,411 | -€1,584 | +€827 | +34.3% |
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 13 October 2026 via checked.be.