LUWIBO: 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.
LUWIBO
Largest movements
- Tangible fixed assets -€9,459
down €9,459 (-7.7%), from €122,460 to €113,002
of which Land and buildings: -€10,229
- Other debts -€6,820
down €6,820 (-13.0%), from €52,382 to €45,562
- Trade debts -€4,743
no longer reported in 2025 (was €4,743)
- Profit (loss) carried forward +€1,666
up €1,666 (+12.1%), from -€13,750 to -€12,084
- Depreciation +€220
up €220 (+2.2%), from €10,229 to €10,450
- Gross operating margin -€211
down €211 (-1.4%), from €15,101 to €14,890
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 | €123,375 | €113,478 | -€9,897 | -8.0% |
| Fixed assets | 21/28 | €122,460 | €113,002 | -€9,459 | -7.7% |
| Tangible fixed assets | 22/27 | €122,460 | €113,002 | -€9,459 | -7.7% |
| Land and buildings | 22 | €122,460 | €112,231 | -€10,229 | -8.4% |
| Plant, machinery and equipment | 23 | - | €771 | +€771 | |
| Current assets | 29/58 | €915 | €477 | -€438 | -47.9% |
| Cash at bank and in hand | 54/58 | €915 | €477 | -€438 | -47.9% |
| Total equity and liabilities | 10/49 | €123,375 | €113,478 | -€9,897 | -8.0% |
| Equity | 10/15 | €66,250 | €67,916 | +€1,666 | +2.5% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Capital | 10 | €80,000 | €80,000 | = | 0.0% |
| Issued capital | 100 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,750 | -€12,084 | +€1,666 | +12.1% |
| Amounts payable | 17/49 | €57,125 | €45,562 | -€11,563 | -20.2% |
| Amounts payable within one year | 42/48 | €57,125 | €45,562 | -€11,563 | -20.2% |
| Trade debts | 44 | €4,743 | - | -€4,743 | |
| Suppliers | 440/4 | €4,743 | - | -€4,743 | |
| Other amounts payable | 47/48 | €52,382 | €45,562 | -€6,820 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,229 | €10,450 | +€220 | +2.2% |
| Other operating charges | 640/8 | €2,663 | €2,736 | +€73 | +2.7% |
| Gross operating margin | 9900 | €15,101 | €14,890 | -€211 | -1.4% |
| Operating profit (loss) | 9901 | €2,209 | €1,705 | -€504 | -22.8% |
| Financial charges | 65/66B | €38 | €39 | +€1 | +2.6% |
| Recurring financial charges | 65 | €38 | €39 | +€1 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €2,171 | €1,666 | -€505 | -23.3% |
| Profit (loss) for the period | 9904 | €2,171 | €1,666 | -€505 | -23.3% |
| Profit (loss) for the period to be appropriated | 9905 | €2,171 | €1,666 | -€505 | -23.3% |
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 14 October 2026 via checked.be.