ESOX LUCIUS: 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.
ESOX LUCIUS
Largest movements
- Intangible fixed assets +€97,278
up €97,278 (+132%), from €73,952 to €171,230
- Receivables after one year +€58,221
new in 2025: €58,221
- Financial fixed assets +€34,600
up €34,600 (+43.0%), from €80,500 to €115,100
- Receivables within one year -€11,734
down €11,734 (-25.8%), from €45,465 to €33,730
of which Trade receivables: -€21,807
- Profit (loss) carried forward +€99,451
up €99,451 (+38,641%), from €257 to €99,709
- Debts after one year +€51,273
up €51,273 (+70.8%), from €72,416 to €123,689
- Investment grants +€50,009
up €50,009 (+63.8%), from €78,414 to €128,422
- Trade debts -€35,670
down €35,670 (-79.1%), from €45,092 to €9,421
- Current portion of long-term debt +€15,238
up €15,238 (+176%), from €8,637 to €23,875
- Gross operating margin +€123,996
up €123,996 (+520%), from €23,867 to €147,863
- Depreciation +€39,109
up €39,109 (+982%), from €3,981 to €43,089
- Financial income +€29,237
up €29,237 (+5,987%), from €488 to €29,725
- Taxes +€20,227
up €20,227 (+405%), from €4,998 to €25,225
- Other operating charges -€6,636
down €6,636 (-82.3%), from €8,063 to €1,427
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 | €218,983 | €398,919 | +€179,937 | +82.2% |
| Fixed assets | 21/28 | €167,132 | €299,159 | +€132,027 | +79.0% |
| Intangible fixed assets | 21 | €73,952 | €171,230 | +€97,278 | +132% |
| Tangible fixed assets | 22/27 | €12,681 | €12,829 | +€148 | +1.2% |
| Land and buildings | 22 | €0 | - | = | |
| Furniture and vehicles | 24 | €12,681 | €11,363 | -€1,317 | -10.4% |
| Other tangible fixed assets | 26 | - | €1,466 | +€1,466 | |
| Financial fixed assets | 28 | €80,500 | €115,100 | +€34,600 | +43.0% |
| Current assets | 29/58 | €51,851 | €99,761 | +€47,910 | +92.4% |
| Amounts receivable after more than one year | 29 | - | €58,221 | +€58,221 | |
| Other amounts receivable | 291 | - | €58,221 | +€58,221 | |
| Amounts receivable within one year | 40/41 | €45,465 | €33,730 | -€11,734 | -25.8% |
| Trade receivables | 40 | €36,610 | €14,803 | -€21,807 | -59.6% |
| Other amounts receivable | 41 | €8,855 | €18,927 | +€10,072 | +114% |
| Cash at bank and in hand | 54/58 | €2,790 | €3,383 | +€593 | +21.3% |
| Deferred charges and accrued income | 490/1 | €3,597 | €4,427 | +€830 | +23.1% |
| Total equity and liabilities | 10/49 | €218,983 | €398,919 | +€179,937 | +82.2% |
| Equity | 10/15 | €83,671 | €233,131 | +€149,460 | +179% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | €257 | €99,709 | +€99,451 | +38,641% |
| Investment grants | 15 | €78,414 | €128,422 | +€50,009 | +63.8% |
| Amounts payable | 17/49 | €135,312 | €165,788 | +€30,476 | +22.5% |
| Amounts payable after more than one year | 17 | €72,416 | €123,689 | +€51,273 | +70.8% |
| Financial debts | 170/4 | €72,416 | €123,689 | +€51,273 | +70.8% |
| Amounts payable within one year | 42/48 | €62,852 | €42,091 | -€20,761 | -33.0% |
| Current portion of amounts payable after more than one year | 42 | €8,637 | €23,875 | +€15,238 | +176% |
| Trade debts | 44 | €45,092 | €9,421 | -€35,670 | -79.1% |
| Suppliers | 440/4 | €45,092 | €9,421 | -€35,670 | -79.1% |
| Taxes, remuneration and social security | 45 | €6,704 | €4,442 | -€2,262 | -33.7% |
| Taxes | 450/3 | €6,704 | €4,442 | -€2,262 | -33.7% |
| Other amounts payable | 47/48 | €2,419 | €4,353 | +€1,934 | +80.0% |
| Accrued charges and deferred income | 492/3 | €44 | €9 | -€35 | -80.5% |
| Remuneration, social security and pensions | 62 | €2,150 | €1,915 | -€235 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,981 | €43,089 | +€39,109 | +982% |
| Other operating charges | 640/8 | €8,063 | €1,427 | -€6,636 | -82.3% |
| Gross operating margin | 9900 | €23,867 | €147,863 | +€123,996 | +520% |
| Operating profit (loss) | 9901 | €9,673 | €101,432 | +€91,759 | +949% |
| Financial income | 75/76B | €488 | €29,725 | +€29,237 | +5,987% |
| Recurring financial income | 75 | €488 | €29,725 | +€29,237 | +5,987% |
| Financial charges | 65/66B | €5,498 | €6,481 | +€983 | +17.9% |
| Recurring financial charges | 65 | €5,498 | €6,481 | +€983 | +17.9% |
| Profit (loss) for the period before taxes | 9903 | €4,664 | €124,676 | +€120,012 | +2,573% |
| Income taxes | 67/77 | €4,998 | €25,225 | +€20,227 | +405% |
| Profit (loss) for the period | 9904 | -€334 | €99,451 | +€99,786 | |
| Profit (loss) for the period to be appropriated | 9905 | -€334 | €99,451 | +€99,786 |
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 27 October 2026 via checked.be.