LUCA: 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.
LUCA
Largest movements
- Tangible fixed assets -€67,082
down €67,082 (-14.4%), from €466,048 to €398,967
of which Land and buildings: -€66,889
- Receivables within one year +€10,110
up €10,110 (+72.7%), from €13,900 to €24,010
of which Other amounts receivable: +€9,810
- Cash +€5,978
up €5,978 (+8.0%), from €75,045 to €81,023
mainly Depreciation (+€67,082) and Net result for the year (+€13,502)
- Debts after one year -€48,442
down €48,442 (-16.8%), from €288,940 to €240,498
- Other debts +€12,644
up €12,644 (+83.7%), from €15,098 to €27,742
- Reserves -€10,624
down €10,624 (-6.0%), from €178,046 to €167,422
- Tax, wage and social debts -€5,562
no longer reported in 2025 (was €5,562)
- Gross operating margin -€5,696
down €5,696 (-5.6%), from €101,845 to €96,149
- Taxes -€1,513
down €1,513 (-19.4%), from €7,814 to €6,301
- Financial charges -€1,325
down €1,325 (-12.8%), from €10,364 to €9,039
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.
Derived cash bridge
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 | €554,993 | €504,000 | -€50,993 | -9.2% |
| Fixed assets | 21/28 | €466,048 | €398,967 | -€67,082 | -14.4% |
| Tangible fixed assets | 22/27 | €466,048 | €398,967 | -€67,082 | -14.4% |
| Land and buildings | 22 | €465,855 | €398,967 | -€66,889 | -14.4% |
| Furniture and vehicles | 24 | €193 | - | -€193 | |
| Current assets | 29/58 | €88,945 | €105,033 | +€16,088 | +18.1% |
| Amounts receivable within one year | 40/41 | €13,900 | €24,010 | +€10,110 | +72.7% |
| Trade receivables | 40 | €7,900 | €8,200 | +€300 | +3.8% |
| Other amounts receivable | 41 | €6,000 | €15,810 | +€9,810 | +164% |
| Cash at bank and in hand | 54/58 | €75,045 | €81,023 | +€5,978 | +8.0% |
| Total equity and liabilities | 10/49 | €554,993 | €504,000 | -€50,993 | -9.2% |
| Equity | 10/15 | €196,646 | €186,022 | -€10,624 | -5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €178,046 | €167,422 | -€10,624 | -6.0% |
| Distributable reserves | 133 | €178,046 | €167,422 | -€10,624 | -6.0% |
| Amounts payable | 17/49 | €358,347 | €317,978 | -€40,369 | -11.3% |
| Amounts payable after more than one year | 17 | €288,940 | €240,498 | -€48,442 | -16.8% |
| Financial debts | 170/4 | €288,940 | €240,498 | -€48,442 | -16.8% |
| Amounts payable within one year | 42/48 | €69,407 | €77,479 | +€8,072 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €47,693 | €48,442 | +€749 | +1.6% |
| Trade debts | 44 | €1,055 | €1,296 | +€241 | +22.8% |
| Suppliers | 440/4 | €1,055 | €1,296 | +€241 | +22.8% |
| Taxes, remuneration and social security | 45 | €5,562 | - | -€5,562 | |
| Taxes | 450/3 | €5,562 | - | -€5,562 | |
| Other amounts payable | 47/48 | €15,098 | €27,742 | +€12,644 | +83.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,094 | €67,082 | -€12 | 0.0% |
| Other operating charges | 640/8 | €141 | €226 | +€85 | +60.8% |
| Gross operating margin | 9900 | €101,845 | €96,149 | -€5,696 | -5.6% |
| Operating profit (loss) | 9901 | €34,610 | €28,841 | -€5,769 | -16.7% |
| Financial charges | 65/66B | €10,364 | €9,039 | -€1,325 | -12.8% |
| Recurring financial charges | 65 | €10,364 | €9,039 | -€1,325 | -12.8% |
| Profit (loss) for the period before taxes | 9903 | €24,246 | €19,802 | -€4,443 | -18.3% |
| Income taxes | 67/77 | €7,814 | €6,301 | -€1,513 | -19.4% |
| Profit (loss) for the period | 9904 | €16,432 | €13,502 | -€2,930 | -17.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,432 | €13,502 | -€2,930 | -17.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.