LUC ABSIL: 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.
LUC ABSIL
Largest movements
- Tangible fixed assets -€14,228
down €14,228 (-29.6%), from €48,063 to €33,835
- Cash +€8,015
up €8,015 (+13.1%), from €61,378 to €69,393
mainly Depreciation (+€14,228) and Net result for the year (+€13,170)
- Receivables within one year +€1,750
new in 2025: €1,750
- Other debts -€3,000
down €3,000 (-20.0%), from €15,000 to €12,000
- Trade debts -€2,574
no longer reported in 2025 (was €2,574)
- Reserves +€1,170
up €1,170 (+1.9%), from €60,643 to €61,813
- Gross operating margin -€17,783
down €17,783 (-34.8%), from €51,170 to €33,387
- Depreciation +€4,658
up €4,658 (+48.7%), from €9,570 to €14,228
- Taxes -€3,637
down €3,637 (-41.8%), from €8,692 to €5,055
- Other operating charges -€1,018
down €1,018 (-50.7%), from €2,007 to €989
From the 31-12-2024 result to the 31-12-2025 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 31-12-2024 and 31-12-2025 balance sheets and the 31-12-2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 31-12-2024 | 31-12-2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €109,441 | €104,978 | -€4,463 | -4.1% |
| Fixed assets | 21/28 | €48,063 | €33,835 | -€14,228 | -29.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €48,063 | €33,835 | -€14,228 | -29.6% |
| Furniture and vehicles | 24 | €48,063 | €33,835 | -€14,228 | -29.6% |
| Current assets | 29/58 | €61,378 | €71,143 | +€9,765 | +15.9% |
| Amounts receivable within one year | 40/41 | - | €1,750 | +€1,750 | |
| Other amounts receivable | 41 | - | €1,750 | +€1,750 | |
| Cash at bank and in hand | 54/58 | €61,378 | €69,393 | +€8,015 | +13.1% |
| Total equity and liabilities | 10/49 | €109,441 | €104,978 | -€4,463 | -4.1% |
| Equity | 10/15 | €82,643 | €83,813 | +€1,170 | +1.4% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €60,643 | €61,813 | +€1,170 | +1.9% |
| Distributable reserves | 133 | €60,643 | €61,813 | +€1,170 | +1.9% |
| Amounts payable | 17/49 | €26,798 | €21,165 | -€5,633 | -21.0% |
| Amounts payable within one year | 42/48 | €26,798 | €21,165 | -€5,633 | -21.0% |
| Trade debts | 44 | €2,574 | - | -€2,574 | |
| Suppliers | 440/4 | €2,574 | - | -€2,574 | |
| Taxes, remuneration and social security | 45 | €9,224 | €9,165 | -€59 | -0.6% |
| Taxes | 450/3 | €9,224 | €9,165 | -€59 | -0.6% |
| Other amounts payable | 47/48 | €15,000 | €12,000 | -€3,000 | -20.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,570 | €14,228 | +€4,658 | +48.7% |
| Other operating charges | 640/8 | €2,007 | €989 | -€1,018 | -50.7% |
| Gross operating margin | 9900 | €51,170 | €33,387 | -€17,783 | -34.8% |
| Operating profit (loss) | 9901 | €39,593 | €18,170 | -€21,423 | -54.1% |
| Financial income | 75/76B | €693 | €193 | -€500 | -72.1% |
| Recurring financial income | 75 | €693 | €193 | -€500 | -72.1% |
| Financial charges | 65/66B | €141 | €138 | -€3 | -1.8% |
| Recurring financial charges | 65 | €141 | €138 | -€3 | -1.8% |
| Profit (loss) for the period before taxes | 9903 | €40,145 | €18,225 | -€21,920 | -54.6% |
| Income taxes | 67/77 | €8,692 | €5,055 | -€3,637 | -41.8% |
| Profit (loss) for the period | 9904 | €31,454 | €13,170 | -€18,284 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,454 | €13,170 | -€18,284 | -58.1% |
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 22 October 2026 via checked.be.