GREG LUCAS: 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.
GREG LUCAS
Largest movements
- Cash +€2,385
up €2,385 (+88.0%), from €2,709 to €5,093
mainly Net result for the year (+€2,850) and Tax, wage and social debts (+€2,801)
- Receivables after one year -€2,333
down €2,333 (-14.3%), from €16,333 to €14,000
- Receivables within one year +€1,582
up €1,582, from €0 to €1,582
- Profit (loss) carried forward +€4,710
up €4,710, from -€4,610 to €100
- Tax, wage and social debts +€2,801
up €2,801 (+270.3%), from €1,036 to €3,837
- Other debts -€2,562
down €2,562 (-38.9%), from €6,581 to €4,019
- Reserves -€1,860
down €1,860 (-100.0%), from €1,860 to €0
- Trade debts -€1,313
down €1,313 (-45.4%), from €2,890 to €1,577
- Gross operating margin +€10,027
up €10,027, from -€3,375 to €6,652
- Taxes +€2,801
up €2,801 (+1503.5%), from €186 to €2,987
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 | €20,271 | €22,046 | +€1,775 | +8.8% |
| Fixed assets | 21/28 | €300 | €300 | = | 0.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €19,971 | €21,746 | +€1,775 | +8.9% |
| Amounts receivable after more than one year | 29 | €16,333 | €14,000 | -€2,333 | -14.3% |
| Other amounts receivable | 291 | €16,333 | €14,000 | -€2,333 | -14.3% |
| Amounts receivable within one year | 40/41 | €0 | €1,582 | +€1,582 | |
| Trade receivables | 40 | €0 | €1,582 | +€1,582 | |
| Cash at bank and in hand | 54/58 | €2,709 | €5,093 | +€2,385 | +88.0% |
| Deferred charges and accrued income | 490/1 | €929 | €1,070 | +€141 | +15.2% |
| Total equity and liabilities | 10/49 | €20,271 | €22,046 | +€1,775 | +8.8% |
| Equity | 10/15 | €9,650 | €12,500 | +€2,850 | +29.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €0 | -€1,860 | -100.0% |
| Non-distributable reserves | 130/1 | €1,860 | €0 | -€1,860 | -100.0% |
| Reserves not available under the articles | 1311 | €1,860 | €0 | -€1,860 | -100.0% |
| Profit (loss) carried forward | 14 | -€4,610 | €100 | +€4,710 | |
| Amounts payable | 17/49 | €10,621 | €9,546 | -€1,075 | -10.1% |
| Amounts payable within one year | 42/48 | €10,507 | €9,432 | -€1,075 | -10.2% |
| Trade debts | 44 | €2,890 | €1,577 | -€1,313 | -45.4% |
| Suppliers | 440/4 | €2,890 | €1,577 | -€1,313 | -45.4% |
| Taxes, remuneration and social security | 45 | €1,036 | €3,837 | +€2,801 | +270.3% |
| Taxes | 450/3 | €1,036 | €3,837 | +€2,801 | +270.3% |
| Other amounts payable | 47/48 | €6,581 | €4,019 | -€2,562 | -38.9% |
| Accrued charges and deferred income | 492/3 | €113 | €113 | = | 0.0% |
| Other operating charges | 640/8 | €1,181 | €1,211 | +€30 | +2.5% |
| Gross operating margin | 9900 | -€3,375 | €6,652 | +€10,027 | |
| Operating profit (loss) | 9901 | -€4,556 | €5,441 | +€9,997 | |
| Financial income | 75/76B | €515 | €450 | -€65 | -12.7% |
| Recurring financial income | 75 | €515 | €450 | -€65 | -12.7% |
| Financial charges | 65/66B | €59 | €54 | -€5 | -8.5% |
| Recurring financial charges | 65 | €59 | €54 | -€5 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | -€4,100 | €5,837 | +€9,937 | |
| Income taxes | 67/77 | €186 | €2,987 | +€2,801 | +1503.5% |
| Profit (loss) for the period | 9904 | -€4,286 | €2,850 | +€7,136 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,286 | €2,850 | +€7,136 |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.