LUC IMMO: 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.
LUC IMMO
Largest movements
- Tangible fixed assets +€1.0m
up €1.0m (+86.8%), from €1.2m to €2.2m
- Debts after one year +€648,456
up €648,456 (+67.2%), from €965,438 to €1.6m
- Other debts +€460,898
up €460,898 (+94.9%), from €485,702 to €946,600
- Profit (loss) carried forward -€123,329
down €123,329 (-17.8%), from -€694,507 to -€817,836
- Current portion of long-term debt +€36,519
up €36,519 (+147.3%), from €24,794 to €61,312
- Depreciation +€31,815
up €31,815 (+99.6%), from €31,957 to €63,772
- Financial charges +€17,930
up €17,930 (+56.2%), from €31,900 to €49,830
- Gross operating margin +€3,442
up €3,442 (+37.1%), from -€9,270 to -€5,829
- Financial income +€121
up €121 (+1208800.0%), from €0 to €121
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 | €1,209,826 | €2,255,277 | +€1.0m | +86.4% |
| Fixed assets | 21/28 | €1,198,975 | €2,240,148 | +€1.0m | +86.8% |
| Tangible fixed assets | 22/27 | €1,198,975 | €2,240,148 | +€1.0m | +86.8% |
| Land and buildings | 22 | €1,198,975 | €2,240,148 | +€1.0m | +86.8% |
| Current assets | 29/58 | €10,851 | €15,129 | +€4,278 | +39.4% |
| Amounts receivable within one year | 40/41 | €8,425 | €11,447 | +€3,022 | +35.9% |
| Trade receivables | 40 | €8,425 | €8,947 | +€522 | +6.2% |
| Other amounts receivable | 41 | €0 | €2,500 | +€2,500 | |
| Cash at bank and in hand | 54/58 | €855 | €3,368 | +€2,513 | +294.0% |
| Deferred charges and accrued income | 490/1 | €1,572 | €314 | -€1,257 | -80.0% |
| Total equity and liabilities | 10/49 | €1,209,826 | €2,255,277 | +€1.0m | +86.4% |
| Equity | 10/15 | -€271,674 | -€395,003 | -€123,329 | -45.4% |
| Contributions | 10/11 | €422,833 | €422,833 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€694,507 | -€817,836 | -€123,329 | -17.8% |
| Amounts payable | 17/49 | €1,481,499 | €2,650,280 | +€1.2m | +78.9% |
| Amounts payable after more than one year | 17 | €965,438 | €1,613,894 | +€648,456 | +67.2% |
| Financial debts | 170/4 | €965,438 | €1,613,894 | +€648,456 | +67.2% |
| Amounts payable within one year | 42/48 | €516,061 | €1,036,386 | +€520,325 | +100.8% |
| Current portion of amounts payable after more than one year | 42 | €24,794 | €61,312 | +€36,519 | +147.3% |
| Trade debts | 44 | €3,666 | €20,344 | +€16,678 | +454.9% |
| Suppliers | 440/4 | €3,666 | €20,344 | +€16,678 | +454.9% |
| Taxes, remuneration and social security | 45 | €1,899 | €8,130 | +€6,231 | +328.2% |
| Taxes | 450/3 | €1,899 | €8,130 | +€6,231 | +328.2% |
| Other amounts payable | 47/48 | €485,702 | €946,600 | +€460,898 | +94.9% |
| Non-recurring operating income | 76A | - | €2,227 | +€2,227 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,957 | €63,772 | +€31,815 | +99.6% |
| Other operating charges | 640/8 | €3,935 | €4,019 | +€84 | +2.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€9,270 | -€5,829 | +€3,442 | +37.1% |
| Operating profit (loss) | 9901 | -€45,163 | -€73,620 | -€28,457 | -63.0% |
| Financial income | 75/76B | €0 | €121 | +€121 | +1208800.0% |
| Recurring financial income | 75 | €0 | €121 | +€121 | +1208800.0% |
| Financial charges | 65/66B | €31,900 | €49,830 | +€17,930 | +56.2% |
| Recurring financial charges | 65 | €31,900 | €49,830 | +€17,930 | +56.2% |
| Profit (loss) for the period before taxes | 9903 | -€77,063 | -€123,329 | -€46,266 | -60.0% |
| Profit (loss) for the period | 9904 | -€77,063 | -€123,329 | -€46,266 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€77,063 | -€123,329 | -€46,266 | -60.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.