LUCAS-AGRI: 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.
LUCAS-AGRI
Largest movements
- Tangible fixed assets -€16,401
down €16,401 (-13.7%), from €119,545 to €103,144
of which Land and buildings: -€10,683
- Cash -€7,754
down €7,754 (-12.9%), from €59,963 to €52,209
mainly Net result for the year (-€15,727) and Other debts (-€5,698)
- Profit (loss) carried forward -€15,076
down €15,076 (-16.9%), from -€89,265 to -€104,341
- Other debts -€5,698
down €5,698 (-10.4%), from €54,545 to €48,847
- Gross operating margin -€23,449
down €23,449 (-42.0%), from €55,872 to €32,423
- Staff costs +€19,530
up €19,530 (+171%), from €11,442 to €30,972
- Depreciation -€1,124
down €1,124 (-6.4%), from €17,525 to €16,401
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 | €189,630 | €164,958 | -€24,671 | -13.0% |
| Fixed assets | 21/28 | €119,545 | €103,144 | -€16,401 | -13.7% |
| Tangible fixed assets | 22/27 | €119,545 | €103,144 | -€16,401 | -13.7% |
| Land and buildings | 22 | €103,676 | €92,993 | -€10,683 | -10.3% |
| Plant, machinery and equipment | 23 | €4,283 | €1,865 | -€2,418 | -56.5% |
| Furniture and vehicles | 24 | €11,586 | €8,286 | -€3,300 | -28.5% |
| Current assets | 29/58 | €70,084 | €61,814 | -€8,270 | -11.8% |
| Stocks and contracts in progress | 3 | €1,605 | €1,126 | -€480 | -29.9% |
| Stocks | 30/36 | €1,605 | €1,126 | -€480 | -29.9% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €59,963 | €52,209 | -€7,754 | -12.9% |
| Deferred charges and accrued income | 490/1 | €8,517 | €8,480 | -€37 | -0.4% |
| Total equity and liabilities | 10/49 | €189,630 | €164,958 | -€24,671 | -13.0% |
| Equity | 10/15 | -€70,014 | -€85,741 | -€15,727 | -22.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €651 | €0 | -€651 | -100% |
| Distributable reserves | 133 | €651 | €0 | -€651 | -100% |
| Profit (loss) carried forward | 14 | -€89,265 | -€104,341 | -€15,076 | -16.9% |
| Amounts payable | 17/49 | €259,644 | €250,700 | -€8,944 | -3.4% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €59,644 | €50,700 | -€8,944 | -15.0% |
| Current portion of amounts payable after more than one year | 42 | €1,137 | €0 | -€1,137 | -100% |
| Trade debts | 44 | €580 | €0 | -€580 | -100% |
| Suppliers | 440/4 | €580 | €0 | -€580 | -100% |
| Taxes, remuneration and social security | 45 | €3,381 | €1,853 | -€1,528 | -45.2% |
| Taxes | 450/3 | €3,381 | €1,853 | -€1,528 | -45.2% |
| Other amounts payable | 47/48 | €54,545 | €48,847 | -€5,698 | -10.4% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €11,442 | €30,972 | +€19,530 | +171% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,525 | €16,401 | -€1,124 | -6.4% |
| Other operating charges | 640/8 | €902 | €840 | -€62 | -6.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €55,872 | €32,423 | -€23,449 | -42.0% |
| Operating profit (loss) | 9901 | €26,002 | -€15,791 | -€41,793 | |
| Financial income | 75/76B | €95 | €128 | +€32 | +34.0% |
| Recurring financial income | 75 | €95 | €128 | +€32 | +34.0% |
| Financial charges | 65/66B | €227 | €63 | -€163 | -72.0% |
| Recurring financial charges | 65 | €227 | €63 | -€163 | -72.0% |
| Profit (loss) for the period before taxes | 9903 | €25,871 | -€15,727 | -€41,598 | |
| Profit (loss) for the period | 9904 | €25,871 | -€15,727 | -€41,598 | |
| Profit (loss) for the period to be appropriated | 9905 | €25,871 | -€15,727 | -€41,598 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.