FERME LUCAS: 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.
FERME LUCAS
Largest movements
- Receivables within one year -€60,748
down €60,748 (-52.4%), from €115,944 to €55,195
- Stocks and contracts +€59,361
up €59,361 (+20.5%), from €290,177 to €349,538
- Tangible fixed assets -€22,970
down €22,970 (-15.5%), from €148,486 to €125,515
of which Plant, machinery and equipment: -€14,339
- Trade debts -€20,670
down €20,670 (-89.0%), from €23,234 to €2,564
- Debts after one year -€11,924
down €11,924 (-42.8%), from €27,879 to €15,955
- Other debts +€11,000
up €11,000 (+64.0%), from €17,177 to €28,177
- Reserves +€10,000
up €10,000 (+13.0%), from €76,859 to €86,859
of which Distributable reserves: +€10,000
- Tax, wage and social debts -€8,426
down €8,426 (-11.0%), from €76,409 to €67,983
of which Taxes: -€7,561
- Gross operating margin -€26,548
down €26,548 (-13.1%), from €202,420 to €175,872
- Depreciation -€14,844
down €14,844 (-38.4%), from €38,639 to €23,796
- Staff costs +€14,840
up €14,840 (+13.6%), from €109,108 to €123,948
- Other operating charges -€3,831
down €3,831 (-54.7%), from €7,004 to €3,173
- Taxes -€3,759
down €3,759 (-30.6%), from €12,286 to €8,527
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 | €618,631 | €596,626 | -€22,005 | -3.6% |
| Fixed assets | 21/28 | €148,486 | €125,515 | -€22,970 | -15.5% |
| Tangible fixed assets | 22/27 | €148,486 | €125,515 | -€22,970 | -15.5% |
| Plant, machinery and equipment | 23 | €133,314 | €118,974 | -€14,339 | -10.8% |
| Furniture and vehicles | 24 | €15,172 | €6,541 | -€8,631 | -56.9% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Current assets | 29/58 | €470,145 | €471,110 | +€965 | +0.2% |
| Stocks and contracts in progress | 3 | €290,177 | €349,538 | +€59,361 | +20.5% |
| Stocks | 30/36 | €290,177 | €349,538 | +€59,361 | +20.5% |
| Amounts receivable within one year | 40/41 | €115,944 | €55,195 | -€60,748 | -52.4% |
| Trade receivables | 40 | €115,944 | €55,195 | -€60,748 | -52.4% |
| Cash at bank and in hand | 54/58 | €61,848 | €62,599 | +€751 | +1.2% |
| Deferred charges and accrued income | 490/1 | €2,176 | €3,777 | +€1,601 | +73.6% |
| Total equity and liabilities | 10/49 | €618,631 | €596,626 | -€22,005 | -3.6% |
| Equity | 10/15 | €457,941 | €468,114 | +€10,173 | +2.2% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €76,859 | €86,859 | +€10,000 | +13.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €76,859 | €86,859 | +€10,000 | +13.0% |
| Profit (loss) carried forward | 14 | €374,884 | €375,057 | +€173 | 0.0% |
| Amounts payable | 17/49 | €160,690 | €128,512 | -€32,178 | -20.0% |
| Amounts payable after more than one year | 17 | €27,879 | €15,955 | -€11,924 | -42.8% |
| Financial debts | 170/4 | €27,879 | €15,955 | -€11,924 | -42.8% |
| Amounts payable within one year | 42/48 | €132,811 | €111,065 | -€21,745 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €15,991 | €12,342 | -€3,649 | -22.8% |
| Trade debts | 44 | €23,234 | €2,564 | -€20,670 | -89.0% |
| Suppliers | 440/4 | €23,234 | €2,564 | -€20,670 | -89.0% |
| Taxes, remuneration and social security | 45 | €76,409 | €67,983 | -€8,426 | -11.0% |
| Taxes | 450/3 | €52,273 | €44,712 | -€7,561 | -14.5% |
| Remuneration and social security | 454/9 | €24,135 | €23,271 | -€865 | -3.6% |
| Other amounts payable | 47/48 | €17,177 | €28,177 | +€11,000 | +64.0% |
| Accrued charges and deferred income | 492/3 | - | €1,492 | +€1,492 | |
| Remuneration, social security and pensions | 62 | €109,108 | €123,948 | +€14,840 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,639 | €23,796 | -€14,844 | -38.4% |
| Other operating charges | 640/8 | €7,004 | €3,173 | -€3,831 | -54.7% |
| Gross operating margin | 9900 | €202,420 | €175,872 | -€26,548 | -13.1% |
| Operating profit (loss) | 9901 | €47,668 | €24,955 | -€22,713 | -47.6% |
| Financial income | 75/76B | €1,783 | €2,857 | +€1,073 | +60.2% |
| Recurring financial income | 75 | €1,783 | €2,857 | +€1,073 | +60.2% |
| Financial charges | 65/66B | €8,277 | €9,111 | +€834 | +10.1% |
| Recurring financial charges | 65 | €8,277 | €9,111 | +€834 | +10.1% |
| Profit (loss) for the period before taxes | 9903 | €41,175 | €18,701 | -€22,474 | -54.6% |
| Income taxes | 67/77 | €12,286 | €8,527 | -€3,759 | -30.6% |
| Profit (loss) for the period | 9904 | €28,889 | €10,173 | -€18,716 | -64.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,889 | €10,173 | -€18,716 | -64.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.