LUCAS INTERIM MANAGEMENT: what changed
LUCAS INTERIM MANAGEMENT
Largest movements
- Cash +€217,603
up €217,603 (+75.4%), from €288,623 to €506,226
mainly Other debts (+€286,274) and Current investments (+€100,000)
- Current investments -€100,000
down €100,000 (-100%), from €100,000 to €0
- Receivables within one year -€14,516
down €14,516 (-47.0%), from €30,891 to €16,375
of which Trade receivables: -€18,858
- Other debts +€286,274
up €286,274 (+190%), from €150,544 to €436,818
- Reserves -€222,362
down €222,362 (-100%), from €222,362 to €0
- Tax, wage and social debts +€38,662
up €38,662 (+140%), from €27,691 to €66,354
- Gross operating margin -€25,504
down €25,504 (-22.0%), from €116,099 to €90,595
- Taxes -€5,488
down €5,488 (-24.9%), from €22,015 to €16,527
- Financial income +€2,062
up €2,062 (+247%), from €833 to €2,895
- Financial charges +€1,747
up €1,747 (+17.1%), from €10,238 to €11,985
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 | €420,229 | €523,364 | +€103,135 | +24.5% |
| Current assets | 29/58 | €420,229 | €523,364 | +€103,135 | +24.5% |
| Amounts receivable within one year | 40/41 | €30,891 | €16,375 | -€14,516 | -47.0% |
| Trade receivables | 40 | €30,891 | €12,033 | -€18,858 | -61.0% |
| Other amounts receivable | 41 | - | €4,342 | +€4,342 | |
| Current investments | 50/53 | €100,000 | €0 | -€100,000 | -100% |
| Cash at bank and in hand | 54/58 | €288,623 | €506,226 | +€217,603 | +75.4% |
| Deferred charges and accrued income | 490/1 | €715 | €763 | +€47 | +6.6% |
| Total equity and liabilities | 10/49 | €420,229 | €523,364 | +€103,135 | +24.5% |
| Equity | 10/15 | €240,962 | €18,600 | -€222,362 | -92.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €222,362 | €0 | -€222,362 | -100% |
| Distributable reserves | 133 | €222,362 | €0 | -€222,362 | -100% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €179,267 | €504,764 | +€325,497 | +182% |
| Amounts payable within one year | 42/48 | €179,267 | €504,764 | +€325,497 | +182% |
| Trade debts | 44 | €1,032 | €1,592 | +€560 | +54.3% |
| Suppliers | 440/4 | €1,032 | €1,592 | +€560 | +54.3% |
| Taxes, remuneration and social security | 45 | €27,691 | €66,354 | +€38,662 | +140% |
| Taxes | 450/3 | €27,691 | €66,354 | +€38,662 | +140% |
| Other amounts payable | 47/48 | €150,544 | €436,818 | +€286,274 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €535 | €585 | +€50 | +9.4% |
| Gross operating margin | 9900 | €116,099 | €90,595 | -€25,504 | -22.0% |
| Operating profit (loss) | 9901 | €115,564 | €90,010 | -€25,554 | -22.1% |
| Financial income | 75/76B | €833 | €2,895 | +€2,062 | +247% |
| Recurring financial income | 75 | €833 | €2,895 | +€2,062 | +247% |
| Financial charges | 65/66B | €10,238 | €11,985 | +€1,747 | +17.1% |
| Recurring financial charges | 65 | €10,238 | €11,985 | +€1,747 | +17.1% |
| Profit (loss) for the period before taxes | 9903 | €106,159 | €80,919 | -€25,239 | -23.8% |
| Income taxes | 67/77 | €22,015 | €16,527 | -€5,488 | -24.9% |
| Profit (loss) for the period | 9904 | €84,144 | €64,393 | -€19,751 | -23.5% |
| Profit (loss) for the period to be appropriated | 9905 | €84,144 | €64,393 | -€19,751 | -23.5% |
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 4 November 2026 via checked.be.