At Luce Briers: 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.
At Luce Briers
Largest movements
- Cash +€23,733
up €23,733 (+32.2%), from €73,759 to €97,492
mainly Net result for the year (+€16,794) and Tax, wage and social debts (+€3,327)
- Receivables within one year -€1,960
down €1,960 (-63.2%), from €3,104 to €1,143
of which Trade receivables: -€1,960
- Reserves +€16,794
up €16,794 (+35.7%), from €47,050 to €63,844
- Tax, wage and social debts +€3,327
up €3,327 (+70.2%), from €4,739 to €8,065
- Other debts +€2,228
up €2,228 (+54.3%), from €4,100 to €6,328
- Trade debts -€1,126
down €1,126 (-65.8%), from €1,711 to €585
- Gross operating margin +€5,569
up €5,569 (+25.2%), from €22,061 to €27,630
- Taxes +€1,313
up €1,313 (+17.1%), from €7,675 to €8,988
- Other operating charges +€573
up €573 (+94.9%), from €604 to €1,177
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 | €78,813 | €100,036 | +€21,223 | +26.9% |
| Fixed assets | 21/28 | €1,122 | €519 | -€604 | -53.8% |
| Tangible fixed assets | 22/27 | €1,122 | €519 | -€604 | -53.8% |
| Furniture and vehicles | 24 | €1,122 | €519 | -€604 | -53.8% |
| Current assets | 29/58 | €77,690 | €99,518 | +€21,827 | +28.1% |
| Amounts receivable within one year | 40/41 | €3,104 | €1,143 | -€1,960 | -63.2% |
| Trade receivables | 40 | €3,104 | €1,143 | -€1,960 | -63.2% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €73,759 | €97,492 | +€23,733 | +32.2% |
| Deferred charges and accrued income | 490/1 | €828 | €883 | +€55 | +6.6% |
| Total equity and liabilities | 10/49 | €78,813 | €100,036 | +€21,223 | +26.9% |
| Equity | 10/15 | €66,487 | €83,281 | +€16,794 | +25.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €47,050 | €63,844 | +€16,794 | +35.7% |
| Distributable reserves | 133 | €47,050 | €63,844 | +€16,794 | +35.7% |
| Profit (loss) carried forward | 14 | €7,037 | €7,037 | = | 0.0% |
| Amounts payable | 17/49 | €12,326 | €16,756 | +€4,430 | +35.9% |
| Amounts payable within one year | 42/48 | €12,274 | €16,703 | +€4,429 | +36.1% |
| Trade debts | 44 | €1,711 | €585 | -€1,126 | -65.8% |
| Suppliers | 440/4 | €1,711 | €585 | -€1,126 | -65.8% |
| Advances received on contracts in progress | 46 | €1,724 | €1,724 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €4,739 | €8,065 | +€3,327 | +70.2% |
| Taxes | 450/3 | €4,739 | €8,065 | +€3,327 | +70.2% |
| Other amounts payable | 47/48 | €4,100 | €6,328 | +€2,228 | +54.3% |
| Accrued charges and deferred income | 492/3 | €52 | €53 | +€1 | +2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €604 | €604 | = | 0.0% |
| Other operating charges | 640/8 | €604 | €1,177 | +€573 | +94.9% |
| Gross operating margin | 9900 | €22,061 | €27,630 | +€5,569 | +25.2% |
| Operating profit (loss) | 9901 | €20,853 | €25,848 | +€4,996 | +24.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €73 | €67 | -€6 | -8.2% |
| Recurring financial charges | 65 | €73 | €67 | -€6 | -8.2% |
| Profit (loss) for the period before taxes | 9903 | €20,780 | €25,782 | +€5,002 | +24.1% |
| Income taxes | 67/77 | €7,675 | €8,988 | +€1,313 | +17.1% |
| Profit (loss) for the period | 9904 | €13,105 | €16,794 | +€3,689 | +28.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,105 | €16,794 | +€3,689 | +28.1% |
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 21 October 2026 via checked.be.