LUCAS Fabien: 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 Fabien
Largest movements
- Receivables within one year -€72,474
down €72,474 (-43.6%), from €166,237 to €93,763
of which Trade receivables: -€78,508
- Financial fixed assets -€59,450
down €59,450 (-57.3%), from €103,812 to €44,362
- Tangible fixed assets +€25,256
up €25,256 (+7.0%), from €359,843 to €385,099
of which Furniture and vehicles: +€34,651
- Cash +€23,270
up €23,270 (+12.3%), from €189,856 to €213,126
mainly Receivables within one year (+€72,474) and Depreciation (+€66,402)
- Deferred charges and accrued income -€11,689
down €11,689 (-67.8%), from €17,233 to €5,544
- Reserves -€57,258
down €57,258 (-54.1%), from €105,785 to €48,527
of which Distributable reserves: -€57,258
- Trade debts -€40,614
down €40,614 (-39.7%), from €102,298 to €61,685
- Tax, wage and social debts +€23,764
up €23,764 (+408%), from €5,823 to €29,587
of which Taxes: +€13,953
- Accrued charges and deferred income -€17,447
down €17,447 (-96.1%), from €18,147 to €700
- Debts after one year -€14,207
down €14,207 (-6.1%), from €232,521 to €218,314
- Depreciation +€40,113
up €40,113 (+153%), from €26,288 to €66,402
- Other operating charges -€18,958
down €18,958 (-49.2%), from €38,534 to €19,575
- Staff costs -€6,582
down €6,582 (-1.6%), from €407,089 to €400,507
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 | €859,076 | €759,247 | -€99,828 | -11.6% |
| Fixed assets | 21/28 | €463,655 | €429,462 | -€34,193 | -7.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €359,843 | €385,099 | +€25,256 | +7.0% |
| Land and buildings | 22 | €209,841 | €203,767 | -€6,074 | -2.9% |
| Plant, machinery and equipment | 23 | €7,853 | €4,532 | -€3,321 | -42.3% |
| Furniture and vehicles | 24 | €142,149 | €176,800 | +€34,651 | +24.4% |
| Financial fixed assets | 28 | €103,812 | €44,362 | -€59,450 | -57.3% |
| Current assets | 29/58 | €395,421 | €329,786 | -€65,635 | -16.6% |
| Stocks and contracts in progress | 3 | €22,095 | €17,353 | -€4,742 | -21.5% |
| Stocks | 30/36 | €22,095 | €17,353 | -€4,742 | -21.5% |
| Amounts receivable within one year | 40/41 | €166,237 | €93,763 | -€72,474 | -43.6% |
| Trade receivables | 40 | €152,345 | €73,837 | -€78,508 | -51.5% |
| Other amounts receivable | 41 | €13,892 | €19,925 | +€6,034 | +43.4% |
| Cash at bank and in hand | 54/58 | €189,856 | €213,126 | +€23,270 | +12.3% |
| Deferred charges and accrued income | 490/1 | €17,233 | €5,544 | -€11,689 | -67.8% |
| Total equity and liabilities | 10/49 | €859,076 | €759,247 | -€99,828 | -11.6% |
| Equity | 10/15 | €438,907 | €381,649 | -€57,258 | -13.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €105,785 | €48,527 | -€57,258 | -54.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €103,925 | €46,667 | -€57,258 | -55.1% |
| Profit (loss) carried forward | 14 | €320,722 | €320,722 | = | 0.0% |
| Amounts payable | 17/49 | €420,168 | €377,598 | -€42,570 | -10.1% |
| Amounts payable after more than one year | 17 | €232,521 | €218,314 | -€14,207 | -6.1% |
| Financial debts | 170/4 | €232,521 | €218,314 | -€14,207 | -6.1% |
| Amounts payable within one year | 42/48 | €169,500 | €158,584 | -€10,916 | -6.4% |
| Current portion of amounts payable after more than one year | 42 | €61,379 | €67,312 | +€5,933 | +9.7% |
| Trade debts | 44 | €102,298 | €61,685 | -€40,614 | -39.7% |
| Suppliers | 440/4 | €102,298 | €61,685 | -€40,614 | -39.7% |
| Taxes, remuneration and social security | 45 | €5,823 | €29,587 | +€23,764 | +408% |
| Taxes | 450/3 | €953 | €14,906 | +€13,953 | +1,465% |
| Remuneration and social security | 454/9 | €4,870 | €14,682 | +€9,811 | +201% |
| Other amounts payable | 47/48 | €0 | €0 | = | |
| Accrued charges and deferred income | 492/3 | €18,147 | €700 | -€17,447 | -96.1% |
| Remuneration, social security and pensions | 62 | €407,089 | €400,507 | -€6,582 | -1.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €26,288 | €66,402 | +€40,113 | +153% |
| Other operating charges | 640/8 | €38,534 | €19,575 | -€18,958 | -49.2% |
| Gross operating margin | 9900 | €503,728 | €508,334 | +€4,606 | +0.9% |
| Operating profit (loss) | 9901 | €31,817 | €21,850 | -€9,968 | -31.3% |
| Financial income | 75/76B | €2,392 | €1,490 | -€902 | -37.7% |
| Recurring financial income | 75 | €2,392 | €1,490 | -€902 | -37.7% |
| Financial charges | 65/66B | €10,297 | €11,820 | +€1,523 | +14.8% |
| Recurring financial charges | 65 | €10,297 | €11,820 | +€1,523 | +14.8% |
| Profit (loss) for the period before taxes | 9903 | €23,912 | €11,519 | -€12,392 | -51.8% |
| Income taxes | 67/77 | €7,956 | €5,076 | -€2,879 | -36.2% |
| Profit (loss) for the period | 9904 | €15,956 | €6,443 | -€9,513 | -59.6% |
| Profit (loss) for the period to be appropriated | 9905 | €15,956 | €6,443 | -€9,513 | -59.6% |
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 22 October 2026 via checked.be.