LuYo: 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.
LuYo
Largest movements
- Current investments +€122,947
up €122,947 (+46.8%), from €262,559 to €385,506
- Tangible fixed assets -€76,193
down €76,193 (-2.5%), from €3.0m to €2.9m
of which Land and buildings: -€75,752
- Cash +€38,807
up €38,807 (+15.5%), from €250,207 to €289,014
mainly Net result for the year (+€101,239) and Depreciation (+€76,193)
- Reserves +€101,239
up €101,239 (+28.7%), from €353,333 to €454,572
- Debts after one year -€39,071
down €39,071 (-31.1%), from €125,734 to €86,663
- Gross operating margin +€11,723
up €11,723 (+5.3%), from €222,694 to €234,417
- Taxes +€4,588
up €4,588 (+10.8%), from €42,675 to €47,263
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 | €3,536,062 | €3,615,055 | +€78,993 | +2.2% |
| Fixed assets | 21/28 | €2,990,000 | €2,913,806 | -€76,193 | -2.5% |
| Tangible fixed assets | 22/27 | €2,990,000 | €2,913,806 | -€76,193 | -2.5% |
| Land and buildings | 22 | €2,989,154 | €2,913,402 | -€75,752 | -2.5% |
| Plant, machinery and equipment | 23 | €846 | €404 | -€442 | -52.2% |
| Current assets | 29/58 | €546,062 | €701,249 | +€155,187 | +28.4% |
| Amounts receivable within one year | 40/41 | €31,841 | €26,602 | -€5,239 | -16.5% |
| Trade receivables | 40 | - | €1,298 | +€1,298 | |
| Other amounts receivable | 41 | €31,841 | €25,305 | -€6,536 | -20.5% |
| Current investments | 50/53 | €262,559 | €385,506 | +€122,947 | +46.8% |
| Cash at bank and in hand | 54/58 | €250,207 | €289,014 | +€38,807 | +15.5% |
| Deferred charges and accrued income | 490/1 | €1,455 | €126 | -€1,329 | -91.3% |
| Total equity and liabilities | 10/49 | €3,536,062 | €3,615,055 | +€78,993 | +2.2% |
| Equity | 10/15 | €3,340,673 | €3,441,913 | +€101,239 | +3.0% |
| Contributions | 10/11 | €2,987,341 | €2,987,341 | = | 0.0% |
| Reserves | 13 | €353,333 | €454,572 | +€101,239 | +28.7% |
| Distributable reserves | 133 | €353,333 | €454,572 | +€101,239 | +28.7% |
| Amounts payable | 17/49 | €195,389 | €173,143 | -€22,246 | -11.4% |
| Amounts payable after more than one year | 17 | €125,734 | €86,663 | -€39,071 | -31.1% |
| Financial debts | 170/4 | €125,734 | €86,663 | -€39,071 | -31.1% |
| Amounts payable within one year | 42/48 | €56,038 | €72,434 | +€16,395 | +29.3% |
| Current portion of amounts payable after more than one year | 42 | €38,498 | €39,071 | +€573 | +1.5% |
| Trade debts | 44 | €178 | - | -€178 | |
| Suppliers | 440/4 | €178 | - | -€178 | |
| Taxes, remuneration and social security | 45 | €17,363 | €33,362 | +€16,000 | +92.2% |
| Taxes | 450/3 | €17,363 | €33,362 | +€16,000 | +92.2% |
| Accrued charges and deferred income | 492/3 | €13,616 | €14,046 | +€430 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,193 | €76,193 | -€0 | 0.0% |
| Other operating charges | 640/8 | €12,237 | €12,618 | +€381 | +3.1% |
| Gross operating margin | 9900 | €222,694 | €234,417 | +€11,723 | +5.3% |
| Operating profit (loss) | 9901 | €134,263 | €145,606 | +€11,343 | +8.4% |
| Financial income | 75/76B | €4,036 | €5,174 | +€1,138 | +28.2% |
| Recurring financial income | 75 | €4,036 | €5,174 | +€1,138 | +28.2% |
| Financial charges | 65/66B | €3,074 | €2,278 | -€797 | -25.9% |
| Recurring financial charges | 65 | €3,074 | €2,278 | -€797 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | €135,225 | €148,503 | +€13,277 | +9.8% |
| Income taxes | 67/77 | €42,675 | €47,263 | +€4,588 | +10.8% |
| Profit (loss) for the period | 9904 | €92,550 | €101,239 | +€8,689 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €92,550 | €101,239 | +€8,689 | +9.4% |
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 29 September 2026 via checked.be.