LUZITUFRA: 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.
LUZITUFRA
Largest movements
- Tangible fixed assets -€93,759
down €93,759 (-100%), from €93,759 to €0
- Cash +€38,835
up €38,835 (+18.3%), from €211,959 to €250,794
mainly Investment in fixed assets (net) (+€93,759) and Receivables within one year (+€7,700)
- Receivables within one year -€7,700
down €7,700 (-55.0%), from €14,005 to €6,305
of which Other amounts receivable: -€6,009
- Reserves -€35,989
down €35,989 (-26.9%), from €133,558 to €97,569
- Other debts -€32,670
down €32,670 (-18.4%), from €177,882 to €145,212
- Tax, wage and social debts +€6,022
up €6,022, from €0 to €6,022
- Other operating charges +€66,773
up €66,773 (+13,213%), from €505 to €67,278
- Depreciation -€13,394
down €13,394 (-100%), from €13,394 to €0
- Gross operating margin +€11,345
up €11,345 (+56.8%), from €19,981 to €31,326
- Taxes -€1,511
down €1,511 (-100%), from €1,511 to €0
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 | €319,722 | €257,099 | -€62,623 | -19.6% |
| Fixed assets | 21/28 | €93,759 | €0 | -€93,759 | -100% |
| Tangible fixed assets | 22/27 | €93,759 | €0 | -€93,759 | -100% |
| Plant, machinery and equipment | 23 | €93,759 | €0 | -€93,759 | -100% |
| Current assets | 29/58 | €225,964 | €257,099 | +€31,135 | +13.8% |
| Amounts receivable within one year | 40/41 | €14,005 | €6,305 | -€7,700 | -55.0% |
| Trade receivables | 40 | €2,707 | €1,016 | -€1,691 | -62.5% |
| Other amounts receivable | 41 | €11,298 | €5,289 | -€6,009 | -53.2% |
| Cash at bank and in hand | 54/58 | €211,959 | €250,794 | +€38,835 | +18.3% |
| Total equity and liabilities | 10/49 | €319,722 | €257,099 | -€62,623 | -19.6% |
| Equity | 10/15 | €141,618 | €105,629 | -€35,989 | -25.4% |
| Contributions | 10/11 | €8,060 | €8,060 | = | 0.0% |
| Reserves | 13 | €133,558 | €97,569 | -€35,989 | -26.9% |
| Distributable reserves | 133 | €133,558 | €97,569 | -€35,989 | -26.9% |
| Amounts payable | 17/49 | €178,105 | €151,470 | -€26,635 | -15.0% |
| Amounts payable within one year | 42/48 | €178,105 | €151,470 | -€26,635 | -15.0% |
| Trade debts | 44 | €223 | €236 | +€13 | +6.0% |
| Suppliers | 440/4 | €223 | €236 | +€13 | +6.0% |
| Taxes, remuneration and social security | 45 | €0 | €6,022 | +€6,022 | |
| Taxes | 450/3 | €0 | €6,022 | +€6,022 | |
| Other amounts payable | 47/48 | €177,882 | €145,212 | -€32,670 | -18.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,394 | €0 | -€13,394 | -100% |
| Other operating charges | 640/8 | €505 | €67,278 | +€66,773 | +13,213% |
| Gross operating margin | 9900 | €19,981 | €31,326 | +€11,345 | +56.8% |
| Operating profit (loss) | 9901 | €6,081 | -€35,953 | -€42,034 | |
| Financial charges | 65/66B | €36 | €36 | -€0 | 0.0% |
| Recurring financial charges | 65 | €36 | €36 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €6,045 | -€35,989 | -€42,034 | |
| Income taxes | 67/77 | €1,511 | €0 | -€1,511 | -100% |
| Profit (loss) for the period | 9904 | €4,534 | -€35,989 | -€40,523 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,534 | -€35,989 | -€40,523 |
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 19 October 2026 via checked.be.