LUC PRODAN: 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 PRODAN
Largest movements
- Receivables within one year +€22,424
up €22,424 (+216.9%), from €10,336 to €32,760
of which Other amounts receivable: +€25,121
- Deferred charges and accrued income -€19,945
no longer reported in 2025 (was €19,945)
- Profit (loss) carried forward +€25,492
up €25,492 (+11.0%), from -€232,074 to -€206,582
- Other debts -€22,794
down €22,794 (-100.0%), from €22,794 to €0
- Trade debts -€5,029
down €5,029 (-78.9%), from €6,373 to €1,344
- Debts after one year +€4,876
up €4,876 (+3.2%), from €151,883 to €156,759
- Depreciation -€18,332
no longer reported in 2025 (was €18,332)
- Gross operating margin -€426
down €426 (-4.4%), from €9,669 to €9,243
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,361 | €32,777 | +€2,416 | +8.0% |
| Fixed assets | 21/28 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €30,361 | €32,777 | +€2,416 | +8.0% |
| Amounts receivable within one year | 40/41 | €10,336 | €32,760 | +€22,424 | +216.9% |
| Trade receivables | 40 | €2,697 | - | -€2,697 | |
| Other amounts receivable | 41 | €7,639 | €32,760 | +€25,121 | +328.9% |
| Cash at bank and in hand | 54/58 | €80 | €17 | -€63 | -79.0% |
| Deferred charges and accrued income | 490/1 | €19,945 | - | -€19,945 | |
| Total equity and liabilities | 10/49 | €30,361 | €32,777 | +€2,416 | +8.0% |
| Equity | 10/15 | -€153,074 | -€127,582 | +€25,492 | +16.7% |
| Contributions | 10/11 | €79,000 | €79,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€232,074 | -€206,582 | +€25,492 | +11.0% |
| Amounts payable | 17/49 | €183,435 | €160,359 | -€23,076 | -12.6% |
| Amounts payable after more than one year | 17 | €151,883 | €156,759 | +€4,876 | +3.2% |
| Financial debts | 170/4 | €151,883 | €156,759 | +€4,876 | +3.2% |
| Amounts payable within one year | 42/48 | €31,553 | €3,600 | -€27,953 | -88.6% |
| Financial debts | 43 | €24 | €0 | -€24 | -100.0% |
| Credit institutions | 430/8 | €24 | €0 | -€24 | -100.0% |
| Trade debts | 44 | €6,373 | €1,344 | -€5,029 | -78.9% |
| Suppliers | 440/4 | €6,373 | €1,344 | -€5,029 | -78.9% |
| Taxes, remuneration and social security | 45 | €2,361 | €2,256 | -€105 | -4.5% |
| Taxes | 450/3 | €2,361 | €2,256 | -€105 | -4.5% |
| Other amounts payable | 47/48 | €22,794 | €0 | -€22,794 | -100.0% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,332 | - | -€18,332 | |
| Other operating charges | 640/8 | €0 | - | = | |
| Gross operating margin | 9900 | €9,669 | €9,243 | -€426 | -4.4% |
| Operating profit (loss) | 9901 | -€8,663 | €9,243 | +€17,905 | |
| Financial charges | 65/66B | €50 | €113 | +€63 | +125.2% |
| Recurring financial charges | 65 | €50 | €113 | +€63 | +125.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,713 | €9,129 | +€17,842 | |
| Income taxes | 67/77 | €1,142 | €1,138 | -€4 | -0.4% |
| Profit (loss) for the period | 9904 | -€9,855 | €7,992 | +€17,847 | |
| Profit (loss) for the period to be appropriated | 9905 | -€9,855 | €7,992 | +€17,847 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.