LUCANJA: 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.
LUCANJA
Largest movements
- Cash -€210,522
down €210,522 (-100.0%), from €210,555 to €33
mainly Tax, wage and social debts (-€317,037) and Investment in fixed assets (net) (-€158,100)
- Tangible fixed assets +€79,736
up €79,736 (+3.1%), from €2.6m to €2.7m
of which Land and buildings: +€80,583
- Stocks and contracts +€67,665
up €67,665 (+29.7%), from €228,141 to €295,806
- Tax, wage and social debts -€317,037
down €317,037 (-56.2%), from €563,798 to €246,761
- Other debts +€249,500
up €249,500 (+173%), from €144,224 to €393,724
- Short-term financial debts +€104,837
up €104,837 (+22.8%), from €459,300 to €564,137
of which Credit institutions: +€104,837
- Profit (loss) carried forward -€89,718
down €89,718 (-5.2%), from €1.7m to €1.6m
- Financial income -€1.2m
down €1.2m (-100.0%), from €1.2m to €2
of which Non-recurring financial income: -€1.2m
- Gross operating margin +€340,394
up €340,394, from -€266,558 to €73,836
- Taxes -€242,696
down €242,696 (-97.5%), from €248,957 to €6,261
- Financial charges -€108,086
down €108,086 (-51.5%), from €209,838 to €101,752
of which Non-recurring financial charges: -€152,000
- Depreciation -€71,729
down €71,729 (-47.5%), from €150,993 to €79,264
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,190,391 | €6,157,653 | -€32,738 | -0.5% |
| Fixed assets | 21/28 | €3,147,775 | €3,226,611 | +€78,836 | +2.5% |
| Tangible fixed assets | 22/27 | €2,598,097 | €2,677,833 | +€79,736 | +3.1% |
| Land and buildings | 22 | €2,596,293 | €2,676,877 | +€80,583 | +3.1% |
| Plant, machinery and equipment | 23 | €1,804 | €957 | -€847 | -47.0% |
| Financial fixed assets | 28 | €549,678 | €548,778 | -€900 | -0.2% |
| Current assets | 29/58 | €3,042,616 | €2,931,042 | -€111,574 | -3.7% |
| Stocks and contracts in progress | 3 | €228,141 | €295,806 | +€67,665 | +29.7% |
| Stocks | 30/36 | €228,141 | €295,806 | +€67,665 | +29.7% |
| Amounts receivable within one year | 40/41 | €2,601,054 | €2,633,116 | +€32,062 | +1.2% |
| Trade receivables | 40 | €20,000 | - | -€20,000 | |
| Other amounts receivable | 41 | €2,581,054 | €2,633,116 | +€52,062 | +2.0% |
| Cash at bank and in hand | 54/58 | €210,555 | €33 | -€210,522 | -100.0% |
| Deferred charges and accrued income | 490/1 | €2,867 | €2,087 | -€780 | -27.2% |
| Total equity and liabilities | 10/49 | €6,190,391 | €6,157,653 | -€32,738 | -0.5% |
| Equity | 10/15 | €3,401,755 | €3,293,103 | -€108,652 | -3.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €1,624,351 | €1,605,417 | -€18,934 | -1.2% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €671,543 | €652,609 | -€18,934 | -2.8% |
| Distributable reserves | 133 | €946,608 | €946,608 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,715,404 | €1,625,686 | -€89,718 | -5.2% |
| Provisions and deferred taxes | 16 | €431,099 | €421,632 | -€9,467 | -2.2% |
| Provisions for liabilities and charges | 160/5 | €63,576 | €63,576 | = | 0.0% |
| Environmental obligations | 163 | €63,576 | €63,576 | = | 0.0% |
| Deferred taxes | 168 | €367,523 | €358,055 | -€9,467 | -2.6% |
| Amounts payable | 17/49 | €2,357,538 | €2,442,919 | +€85,381 | +3.6% |
| Amounts payable after more than one year | 17 | €1,009,320 | €1,017,794 | +€8,474 | +0.8% |
| Financial debts | 170/4 | €1,009,320 | €1,017,794 | +€8,474 | +0.8% |
| Amounts payable within one year | 42/48 | €1,348,218 | €1,425,125 | +€76,907 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €173,177 | €151,129 | -€22,048 | -12.7% |
| Financial debts | 43 | €459,300 | €564,137 | +€104,837 | +22.8% |
| Credit institutions | 430/8 | €448,000 | €552,837 | +€104,837 | +23.4% |
| Other loans | 439 | €11,300 | €11,300 | = | 0.0% |
| Trade debts | 44 | €2,369 | €36,874 | +€34,504 | +1,456% |
| Suppliers | 440/4 | €2,369 | €36,874 | +€34,504 | +1,456% |
| Advances received on contracts in progress | 46 | €5,350 | €32,500 | +€27,150 | +507% |
| Taxes, remuneration and social security | 45 | €563,798 | €246,761 | -€317,037 | -56.2% |
| Taxes | 450/3 | €563,798 | €246,761 | -€317,037 | -56.2% |
| Other amounts payable | 47/48 | €144,224 | €393,724 | +€249,500 | +173% |
| Non-recurring operating income | 76A | €327 | - | -€327 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,993 | €79,264 | -€71,729 | -47.5% |
| Other operating charges | 640/8 | €12,708 | €4,680 | -€8,028 | -63.2% |
| Gross operating margin | 9900 | -€266,558 | €73,836 | +€340,394 | |
| Operating profit (loss) | 9901 | -€430,260 | -€10,109 | +€420,151 | +97.7% |
| Financial income | 75/76B | €1,236,725 | €2 | -€1.2m | -100.0% |
| Recurring financial income | 75 | €2,947 | €2 | -€2,945 | -99.9% |
| Non-recurring financial income | 76B | €1,233,779 | - | -€1.2m | |
| Financial charges | 65/66B | €209,838 | €101,752 | -€108,086 | -51.5% |
| Recurring financial charges | 65 | €57,838 | €101,752 | +€43,914 | +75.9% |
| Non-recurring financial charges | 66B | €152,000 | - | -€152,000 | |
| Profit (loss) for the period before taxes | 9903 | €596,628 | -€111,858 | -€708,486 | |
| Transfer from deferred taxes | 780 | €123,864 | €9,467 | -€114,397 | -92.4% |
| Income taxes | 67/77 | €248,957 | €6,261 | -€242,696 | -97.5% |
| Profit (loss) for the period | 9904 | €471,535 | -€108,652 | -€580,187 | |
| Transfer from tax-exempt reserves | 789 | €247,728 | €18,934 | -€228,794 | -92.4% |
| Profit (loss) for the period to be appropriated | 9905 | €719,263 | -€89,718 | -€808,981 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.