LUCADVICE: 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.
LUCADVICE
Largest movements
- Cash +€76,529
up €76,529 (+38.4%), from €199,256 to €275,785
mainly Net result for the year (+€94,167) and Smaller working-capital items (+€6)
- Receivables within one year +€17,304
up €17,304 (+77.4%), from €22,347 to €39,650
of which Trade receivables: +€21,998
- Profit (loss) carried forward +€94,167
up €94,167 (+45.3%), from €207,999 to €302,166
No income-statement line moved by more than 1% of the activity.
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 | €222,194 | €316,024 | +€93,830 | +42.2% |
| Current assets | 29/58 | €222,194 | €316,024 | +€93,830 | +42.2% |
| Amounts receivable within one year | 40/41 | €22,347 | €39,650 | +€17,304 | +77.4% |
| Trade receivables | 40 | €17,642 | €39,640 | +€21,998 | +124.7% |
| Other amounts receivable | 41 | €4,705 | €10 | -€4,694 | -99.8% |
| Cash at bank and in hand | 54/58 | €199,256 | €275,785 | +€76,529 | +38.4% |
| Deferred charges and accrued income | 490/1 | €592 | €588 | -€3 | -0.6% |
| Total equity and liabilities | 10/49 | €222,194 | €316,024 | +€93,830 | +42.2% |
| Equity | 10/15 | €209,499 | €303,666 | +€94,167 | +44.9% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €207,999 | €302,166 | +€94,167 | +45.3% |
| Amounts payable | 17/49 | €12,695 | €12,357 | -€338 | -2.7% |
| Amounts payable within one year | 42/48 | €12,695 | €12,357 | -€338 | -2.7% |
| Trade debts | 44 | €1,895 | €1,875 | -€20 | -1.0% |
| Suppliers | 440/4 | €1,895 | €1,875 | -€20 | -1.0% |
| Taxes, remuneration and social security | 45 | €10,800 | €10,460 | -€341 | -3.2% |
| Taxes | 450/3 | €10,800 | €10,460 | -€341 | -3.2% |
| Other amounts payable | 47/48 | - | €22 | +€22 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €208 | €569 | +€361 | +173.3% |
| Gross operating margin | 9900 | €122,773 | €122,952 | +€179 | +0.1% |
| Operating profit (loss) | 9901 | €122,564 | €122,382 | -€182 | -0.1% |
| Financial charges | 65/66B | €2,706 | €2,362 | -€344 | -12.7% |
| Recurring financial charges | 65 | €2,706 | €2,362 | -€344 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €119,859 | €120,021 | +€162 | +0.1% |
| Income taxes | 67/77 | €25,660 | €25,853 | +€194 | +0.8% |
| Profit (loss) for the period | 9904 | €94,199 | €94,167 | -€31 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €94,199 | €94,167 | -€31 | 0.0% |
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.