Lutze Process Belux: 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.
Lutze Process Belux
Largest movements
- Deferred charges and accrued income +€430,525
new in 2025: €430,525
- Stocks and contracts -€42,038
down €42,038 (-35.3%), from €119,179 to €77,141
- Short-term financial debts +€147,511
up €147,511 (+73.9%), from €199,619 to €347,130
- Advances received +€142,373
up €142,373 (+37.4%), from €380,536 to €522,909
- Profit (loss) carried forward +€110,123
up €110,123 (+34.8%), from €316,421 to €426,544
- Trade debts -€79,274
down €79,274 (-20.0%), from €397,215 to €317,941
- Tax, wage and social debts +€39,631
up €39,631 (+17.6%), from €225,452 to €265,082
of which Remuneration and social security: +€52,172
- Gross operating margin +€120,528
up €120,528 (+16.0%), from €751,734 to €872,262
- Staff costs +€45,520
up €45,520 (+6.8%), from €667,886 to €713,406
- Financial income +€23,794
up €23,794 (+113%), from €21,000 to €44,794
- Taxes +€19,433
up €19,433 (+104%), from €18,755 to €38,187
- Other operating charges -€14,213
down €14,213 (-83.9%), from €16,934 to €2,721
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,632,588 | €1,993,167 | +€360,579 | +22.1% |
| Fixed assets | 21/28 | €16,148 | €5,773 | -€10,374 | -64.2% |
| Tangible fixed assets | 22/27 | €15,986 | €5,611 | -€10,374 | -64.9% |
| Plant, machinery and equipment | 23 | €5,527 | €2,319 | -€3,208 | -58.1% |
| Furniture and vehicles | 24 | €10,459 | €3,293 | -€7,166 | -68.5% |
| Financial fixed assets | 28 | €162 | €162 | = | 0.0% |
| Current assets | 29/58 | €1,616,440 | €1,987,393 | +€370,953 | +22.9% |
| Stocks and contracts in progress | 3 | €119,179 | €77,141 | -€42,038 | -35.3% |
| Stocks | 30/36 | €119,179 | €77,141 | -€42,038 | -35.3% |
| Amounts receivable within one year | 40/41 | €1,497,261 | €1,479,727 | -€17,533 | -1.2% |
| Trade receivables | 40 | €1,089,607 | €450,973 | -€638,634 | -58.6% |
| Other amounts receivable | 41 | €407,654 | €1,028,754 | +€621,100 | +152% |
| Deferred charges and accrued income | 490/1 | - | €430,525 | +€430,525 | |
| Total equity and liabilities | 10/49 | €1,632,588 | €1,993,167 | +€360,579 | +22.1% |
| Equity | 10/15 | €320,483 | €430,606 | +€110,123 | +34.4% |
| Contributions | 10/11 | €4,062 | €4,062 | = | 0.0% |
| Profit (loss) carried forward | 14 | €316,421 | €426,544 | +€110,123 | +34.8% |
| Provisions and deferred taxes | 16 | €91,283 | €91,283 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €91,283 | €91,283 | = | 0.0% |
| Other liabilities and charges | 164/5 | €91,283 | €91,283 | = | 0.0% |
| Amounts payable | 17/49 | €1,220,822 | €1,471,278 | +€250,456 | +20.5% |
| Amounts payable after more than one year | 17 | €18,000 | €18,000 | = | 0.0% |
| Other amounts payable | 178/9 | €18,000 | €18,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,202,822 | €1,453,278 | +€250,456 | +20.8% |
| Financial debts | 43 | €199,619 | €347,130 | +€147,511 | +73.9% |
| Other loans | 439 | €199,619 | €347,130 | +€147,511 | +73.9% |
| Trade debts | 44 | €397,215 | €317,941 | -€79,274 | -20.0% |
| Suppliers | 440/4 | €397,215 | €317,941 | -€79,274 | -20.0% |
| Advances received on contracts in progress | 46 | €380,536 | €522,909 | +€142,373 | +37.4% |
| Taxes, remuneration and social security | 45 | €225,452 | €265,082 | +€39,631 | +17.6% |
| Taxes | 450/3 | €118,153 | €105,611 | -€12,541 | -10.6% |
| Remuneration and social security | 454/9 | €107,299 | €159,471 | +€52,172 | +48.6% |
| Other amounts payable | 47/48 | - | €215 | +€215 | |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €667,886 | €713,406 | +€45,520 | +6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,890 | €10,374 | -€1,515 | -12.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,523 | €11,955 | +€10,432 | +685% |
| Other operating charges | 640/8 | €16,934 | €2,721 | -€14,213 | -83.9% |
| Gross operating margin | 9900 | €751,734 | €872,262 | +€120,528 | +16.0% |
| Operating profit (loss) | 9901 | €53,501 | €133,806 | +€80,304 | +150% |
| Financial income | 75/76B | €21,000 | €44,794 | +€23,794 | +113% |
| Recurring financial income | 75 | €21,000 | €44,794 | +€23,794 | +113% |
| Financial charges | 65/66B | €22,879 | €30,289 | +€7,410 | +32.4% |
| Recurring financial charges | 65 | €22,879 | €30,289 | +€7,410 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €51,622 | €148,311 | +€96,689 | +187% |
| Income taxes | 67/77 | €18,755 | €38,187 | +€19,433 | +104% |
| Profit (loss) for the period | 9904 | €32,867 | €110,123 | +€77,256 | +235% |
| Profit (loss) for the period to be appropriated | 9905 | €32,867 | €110,123 | +€77,256 | +235% |
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 20 October 2026 via checked.be.