LUCAGRO: 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.
LUCAGRO
Largest movements
- Current investments +€67,723
up €67,723 (+9.2%), from €737,508 to €805,231
- Receivables within one year +€21,760
up €21,760 (+104%), from €20,971 to €42,730
of which Trade receivables: +€14,520
- Cash +€18,752
up €18,752 (+36.2%), from €51,854 to €70,606
mainly Net result for the year (+€104,929) and Depreciation (+€6,319)
- Reserves +€105,000
up €105,000 (+12.7%), from €828,000 to €933,000
- Financial income +€6,227
up €6,227 (+99.9%), from €6,234 to €12,461
- Gross operating margin +€4,923
up €4,923 (+3.9%), from €126,526 to €131,449
- Taxes +€1,382
up €1,382 (+4.6%), from €30,374 to €31,757
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 | €849,994 | €955,599 | +€105,605 | +12.4% |
| Fixed assets | 21/28 | €19,790 | €16,426 | -€3,364 | -17.0% |
| Tangible fixed assets | 22/27 | €19,790 | €16,426 | -€3,364 | -17.0% |
| Plant, machinery and equipment | 23 | €8,660 | €7,417 | -€1,242 | -14.3% |
| Furniture and vehicles | 24 | €11,130 | €9,008 | -€2,122 | -19.1% |
| Current assets | 29/58 | €830,204 | €939,174 | +€108,969 | +13.1% |
| Amounts receivable after more than one year | 29 | €17,000 | €17,000 | = | 0.0% |
| Other amounts receivable | 291 | €17,000 | €17,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,971 | €42,730 | +€21,760 | +104% |
| Trade receivables | 40 | - | €14,520 | +€14,520 | |
| Other amounts receivable | 41 | €20,971 | €28,210 | +€7,240 | +34.5% |
| Current investments | 50/53 | €737,508 | €805,231 | +€67,723 | +9.2% |
| Cash at bank and in hand | 54/58 | €51,854 | €70,606 | +€18,752 | +36.2% |
| Deferred charges and accrued income | 490/1 | €2,871 | €3,606 | +€734 | +25.6% |
| Total equity and liabilities | 10/49 | €849,994 | €955,599 | +€105,605 | +12.4% |
| Equity | 10/15 | €841,041 | €945,970 | +€104,929 | +12.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €828,000 | €933,000 | +€105,000 | +12.7% |
| Distributable reserves | 133 | €828,000 | €933,000 | +€105,000 | +12.7% |
| Profit (loss) carried forward | 14 | €641 | €570 | -€71 | -11.1% |
| Amounts payable | 17/49 | €8,953 | €9,629 | +€677 | +7.6% |
| Amounts payable within one year | 42/48 | €8,953 | €9,629 | +€677 | +7.6% |
| Trade debts | 44 | €1,397 | €2,155 | +€757 | +54.2% |
| Suppliers | 440/4 | €1,397 | €2,155 | +€757 | +54.2% |
| Taxes, remuneration and social security | 45 | €7,555 | €7,475 | -€80 | -1.1% |
| Taxes | 450/3 | €7,555 | €7,475 | -€80 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,317 | €6,319 | +€3 | 0.0% |
| Other operating charges | 640/8 | €885 | €873 | -€12 | -1.3% |
| Non-recurring operating charges | 66A | €58 | - | -€58 | |
| Gross operating margin | 9900 | €126,526 | €131,449 | +€4,923 | +3.9% |
| Operating profit (loss) | 9901 | €119,266 | €124,256 | +€4,990 | +4.2% |
| Financial income | 75/76B | €6,234 | €12,461 | +€6,227 | +99.9% |
| Recurring financial income | 75 | €6,234 | €12,461 | +€6,227 | +99.9% |
| Financial charges | 65/66B | €55 | €32 | -€23 | -41.8% |
| Recurring financial charges | 65 | €55 | €32 | -€23 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €125,445 | €136,685 | +€11,240 | +9.0% |
| Income taxes | 67/77 | €30,374 | €31,757 | +€1,382 | +4.6% |
| Profit (loss) for the period | 9904 | €95,071 | €104,929 | +€9,858 | +10.4% |
| Profit (loss) for the period to be appropriated | 9905 | €95,071 | €104,929 | +€9,858 | +10.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.