LUC BURY: what changed
LUC BURY
Largest movements
- Stocks and contracts -€8,617
down €8,617 (-5.5%), from €156,326 to €147,708
of which Stocks: -€26,017
- Tangible fixed assets +€8,123
up €8,123 (+4.3%), from €187,745 to €195,868
of which Furniture and vehicles: +€10,569
- Cash -€6,473
down €6,473 (-33.9%), from €19,117 to €12,644
mainly Investment in fixed assets (net) (-€39,478) and Trade debts (-€18,118)
- Deferred charges and accrued income -€4,818
down €4,818 (-45.3%), from €10,627 to €5,809
- Receivables within one year +€4,535
up €4,535 (+5.8%), from €78,389 to €82,924
of which Trade receivables: +€8,767
- Profit (loss) carried forward +€20,667
up €20,667 (+78.0%), from -€26,484 to -€5,817
- Trade debts -€18,118
down €18,118 (-18.4%), from €98,626 to €80,508
- Debts after one year -€9,250
down €9,250 (-56.7%), from €16,323 to €7,074
- Tax, wage and social debts +€7,724
up €7,724 (+87.2%), from €8,854 to €16,578
of which Remuneration and social security: +€6,526
- Other debts -€6,755
down €6,755 (-7.2%), from €93,650 to €86,895
- Gross operating margin +€68,879
up €68,879 (+79.4%), from €86,734 to €155,613
- Financial charges -€4,527
down €4,527 (-34.3%), from €13,192 to €8,665
- Depreciation -€3,271
down €3,271 (-9.4%), from €34,626 to €31,355
- Staff costs +€2,106
up €2,106 (+3.0%), from €70,653 to €72,759
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €452,204 | €444,953 | -€7,251 | -1.6% |
| Fixed assets | 21/28 | €187,745 | €195,868 | +€8,123 | +4.3% |
| Tangible fixed assets | 22/27 | €187,745 | €195,868 | +€8,123 | +4.3% |
| Land and buildings | 22 | €124,923 | €124,588 | -€334 | -0.3% |
| Plant, machinery and equipment | 23 | €16,219 | €7,270 | -€8,950 | -55.2% |
| Furniture and vehicles | 24 | €30,812 | €41,380 | +€10,569 | +34.3% |
| Other tangible fixed assets | 26 | €15,792 | €22,630 | +€6,837 | +43.3% |
| Current assets | 29/58 | €264,459 | €249,085 | -€15,374 | -5.8% |
| Stocks and contracts in progress | 3 | €156,326 | €147,708 | -€8,617 | -5.5% |
| Stocks | 30/36 | €151,326 | €125,308 | -€26,017 | -17.2% |
| Contracts in progress | 37 | €5,000 | €22,400 | +€17,400 | +348% |
| Amounts receivable within one year | 40/41 | €78,389 | €82,924 | +€4,535 | +5.8% |
| Trade receivables | 40 | €53,375 | €62,142 | +€8,767 | +16.4% |
| Other amounts receivable | 41 | €25,014 | €20,781 | -€4,233 | -16.9% |
| Cash at bank and in hand | 54/58 | €19,117 | €12,644 | -€6,473 | -33.9% |
| Deferred charges and accrued income | 490/1 | €10,627 | €5,809 | -€4,818 | -45.3% |
| Total equity and liabilities | 10/49 | €452,204 | €444,953 | -€7,251 | -1.6% |
| Equity | 10/15 | €140,174 | €160,841 | +€20,667 | +14.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €104,685 | €104,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €98,487 | €98,487 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,484 | -€5,817 | +€20,667 | +78.0% |
| Amounts payable | 17/49 | €312,030 | €284,112 | -€27,919 | -8.9% |
| Amounts payable after more than one year | 17 | €16,323 | €7,074 | -€9,250 | -56.7% |
| Financial debts | 170/4 | €16,323 | €7,074 | -€9,250 | -56.7% |
| Amounts payable within one year | 42/48 | €295,707 | €277,038 | -€18,669 | -6.3% |
| Current portion of amounts payable after more than one year | 42 | €9,046 | €9,250 | +€204 | +2.3% |
| Financial debts | 43 | €85,531 | €83,807 | -€1,724 | -2.0% |
| Credit institutions | 430/8 | €85,531 | €83,807 | -€1,724 | -2.0% |
| Trade debts | 44 | €98,626 | €80,508 | -€18,118 | -18.4% |
| Suppliers | 440/4 | €98,626 | €80,508 | -€18,118 | -18.4% |
| Taxes, remuneration and social security | 45 | €8,854 | €16,578 | +€7,724 | +87.2% |
| Taxes | 450/3 | €8,063 | €9,261 | +€1,198 | +14.9% |
| Remuneration and social security | 454/9 | €791 | €7,317 | +€6,526 | +825% |
| Other amounts payable | 47/48 | €93,650 | €86,895 | -€6,755 | -7.2% |
| Remuneration, social security and pensions | 62 | €70,653 | €72,759 | +€2,106 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,626 | €31,355 | -€3,271 | -9.4% |
| Other operating charges | 640/8 | €25,413 | €24,434 | -€979 | -3.9% |
| Gross operating margin | 9900 | €86,734 | €155,613 | +€68,879 | +79.4% |
| Operating profit (loss) | 9901 | -€43,959 | €27,064 | +€71,023 | |
| Financial income | 75/76B | €2,218 | €2,625 | +€407 | +18.4% |
| Recurring financial income | 75 | €2,218 | €2,625 | +€407 | +18.4% |
| Financial charges | 65/66B | €13,192 | €8,665 | -€4,527 | -34.3% |
| Recurring financial charges | 65 | €13,192 | €8,665 | -€4,527 | -34.3% |
| Profit (loss) for the period before taxes | 9903 | -€54,933 | €21,024 | +€75,958 | |
| Income taxes | 67/77 | €377 | €357 | -€20 | -5.3% |
| Profit (loss) for the period | 9904 | -€55,310 | €20,667 | +€75,978 | |
| Profit (loss) for the period to be appropriated | 9905 | -€55,310 | €20,667 | +€75,978 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.