LUCAN: what changed
LUCAN
Largest movements
- Receivables within one year +€219,197
up €219,197 (+40.9%), from €536,219 to €755,416
of which Other amounts receivable: +€163,087
- Cash -€95,968
down €95,968 (-36.8%), from €260,854 to €164,886
mainly Receivables within one year (-€219,197) and Trade debts (-€8,136)
- Tangible fixed assets -€43,377
down €43,377 (-12.3%), from €351,247 to €307,870
of which Land and buildings: -€26,379
- Stocks and contracts -€13,300
down €13,300 (-63.3%), from €21,000 to €7,700
- Profit (loss) carried forward +€76,813
up €76,813 (+6.9%), from €1.1m to €1.2m
- Turnover +€50,793
up €50,793 (+4.9%), from €1.0m to €1.1m
- Gross operating margin +€39,546
up €39,546 (+4.7%), from €841,674 to €881,220
- Purchases and services -€24,000
down €24,000 (-8.4%), from €286,337 to €262,337
- Taxes +€14,527
up €14,527 (+105%), from €13,855 to €28,381
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,169,320 | €1,235,872 | +€66,552 | +5.7% |
| Fixed assets | 21/28 | €351,247 | €307,870 | -€43,377 | -12.3% |
| Tangible fixed assets | 22/27 | €351,247 | €307,870 | -€43,377 | -12.3% |
| Land and buildings | 22 | €279,824 | €253,445 | -€26,379 | -9.4% |
| Plant, machinery and equipment | 23 | €6,599 | €6,770 | +€171 | +2.6% |
| Furniture and vehicles | 24 | €64,824 | €47,655 | -€17,169 | -26.5% |
| Current assets | 29/58 | €818,073 | €928,002 | +€109,929 | +13.4% |
| Stocks and contracts in progress | 3 | €21,000 | €7,700 | -€13,300 | -63.3% |
| Contracts in progress | 37 | €21,000 | €7,700 | -€13,300 | -63.3% |
| Amounts receivable within one year | 40/41 | €536,219 | €755,416 | +€219,197 | +40.9% |
| Trade receivables | 40 | €289,593 | €345,703 | +€56,110 | +19.4% |
| Other amounts receivable | 41 | €246,626 | €409,713 | +€163,087 | +66.1% |
| Cash at bank and in hand | 54/58 | €260,854 | €164,886 | -€95,968 | -36.8% |
| Total equity and liabilities | 10/49 | €1,169,320 | €1,235,872 | +€66,552 | +5.7% |
| Equity | 10/15 | €1,109,394 | €1,186,207 | +€76,813 | +6.9% |
| Contributions | 10/11 | €3,171 | €3,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,106,223 | €1,183,036 | +€76,813 | +6.9% |
| Amounts payable | 17/49 | €59,927 | €49,666 | -€10,261 | -17.1% |
| Amounts payable within one year | 42/48 | €59,927 | €49,666 | -€10,261 | -17.1% |
| Trade debts | 44 | €32,675 | €24,538 | -€8,136 | -24.9% |
| Suppliers | 440/4 | €32,675 | €24,538 | -€8,136 | -24.9% |
| Taxes, remuneration and social security | 45 | €27,252 | €25,127 | -€2,125 | -7.8% |
| Taxes | 450/3 | €334 | - | -€334 | |
| Remuneration and social security | 454/9 | €26,918 | €25,127 | -€1,791 | -6.7% |
| Turnover | 70 | €1,040,567 | €1,091,360 | +€50,793 | +4.9% |
| Goods, raw materials, services and sundry goods | 60/61 | €286,337 | €262,337 | -€24,000 | -8.4% |
| Remuneration, social security and pensions | 62 | €734,171 | €724,656 | -€9,515 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €51,062 | €47,620 | -€3,443 | -6.7% |
| Other operating charges | 640/8 | €11,465 | €9,224 | -€2,242 | -19.6% |
| Gross operating margin | 9900 | €841,674 | €881,220 | +€39,546 | +4.7% |
| Operating profit (loss) | 9901 | €44,976 | €99,721 | +€54,745 | +122% |
| Financial income | 75/76B | €4,442 | €7,118 | +€2,676 | +60.3% |
| Recurring financial income | 75 | €4,442 | €7,118 | +€2,676 | +60.3% |
| Financial charges | 65/66B | €1,608 | €1,644 | +€37 | +2.3% |
| Recurring financial charges | 65 | €1,608 | €1,644 | +€37 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €47,810 | €105,194 | +€57,384 | +120% |
| Income taxes | 67/77 | €13,855 | €28,381 | +€14,527 | +105% |
| Profit (loss) for the period | 9904 | €33,956 | €76,813 | +€42,857 | +126% |
| Profit (loss) for the period to be appropriated | 9905 | €33,956 | €76,813 | +€42,857 | +126% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.