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LUCAVI: what changed

Two fiscal 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.

What changed

LUCAVI

BE 0807.603.489
NACE 70.200, Business and other management consultancy
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€20,299
2023 · -€10,612+€30,912
Equity
-€24,449
2023 · -€44,749+€20,299
Cash
€15,417
2023 · €10,786+€4,631
Balance sheet total
€219,404
2023 · €232,106-€12,702

Largest movements

2023 to 2024
Assets
  • Receivables within one year -€14,153

    no longer reported in 2024 (was €14,153)

  • Tangible fixed assets -€5,333

    down €5,333 (-2.7%), from €194,672 to €189,339

  • Cash +€4,631

    up €4,631 (+42.9%), from €10,786 to €15,417

    mainly Net result for the year (+€20,299) and Receivables within one year (+€14,153)

Equity and liabilities
  • Profit (loss) carried forward +€20,299

    up €20,299 (+34.6%), from -€58,749 to -€38,449

  • Debts after one year -€17,205

    down €17,205 (-7.5%), from €228,356 to €211,151

  • Other debts -€8,542

    down €8,542 (-67.9%), from €12,576 to €4,033

  • Trade debts -€5,750

    down €5,750 (-85.3%), from €6,744 to €995

  • Tax, wage and social debts -€2,530

    down €2,530 (-24.9%), from €10,162 to €7,633

    of which Remuneration and social security: -€2,717

Income statement
  • Depreciation -€26,053

    down €26,053 (-83.0%), from €31,387 to €5,333

  • Gross operating margin +€11,760

    up €11,760 (+41.1%), from €28,617 to €40,377

  • Financial charges +€5,167

    up €5,167 (+70.4%), from €7,340 to €12,507

  • Other operating charges +€1,523

    up €1,523 (+772.5%), from €197 to €1,720

From the 2023 result to the 2024 result

effect on the 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.

Result 2023 -€10,612
Gross operating margin +€11,760
Depreciation +€26,053
Other operating charges -€1,523
Financial income -€6
Financial charges -€5,167
Taxes -€207
Result 2024 €20,299

Cash bridge derived

cash 2023 to 2024

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.

From operations +€23,355
Investment -€2,002
Financing -€16,722
Cash 2023 €10,786
Net result for the year +€20,299
Depreciation +€5,333
Receivables within one year +€14,153
Deferred charges and accrued income -€151
Trade debts -€5,750
Tax, wage and social debts -€2,530
Other debts -€8,542
Accrued charges and deferred income +€543
Investment in fixed assets (net) -€2,000
Current investments -€2
Debts after one year -€17,205
Current portion of long-term debt +€483
Cash 2024 €15,417
Every line side by side 43 lines
Line Code 2023 2024 Change %
Total assets 20/58 €232,106 €219,404 -€12,702 -5.5%
Fixed assets 21/28 €205,932 €202,599 -€3,333 -1.6%
Tangible fixed assets 22/27 €194,672 €189,339 -€5,333 -2.7%
Land and buildings 22 €194,672 €189,339 -€5,333 -2.7%
Financial fixed assets 28 €11,260 €13,260 +€2,000 +17.8%
Current assets 29/58 €26,174 €16,805 -€9,368 -35.8%
Amounts receivable within one year 40/41 €14,153 - -€14,153
Trade receivables 40 €14,153 - -€14,153
Current investments 50/53 - €2 +€2
Cash at bank and in hand 54/58 €10,786 €15,417 +€4,631 +42.9%
Deferred charges and accrued income 490/1 €1,235 €1,386 +€151 +12.2%
Total equity and liabilities 10/49 €232,106 €219,404 -€12,702 -5.5%
Equity 10/15 -€44,749 -€24,449 +€20,299 +45.4%
Contributions 10/11 €9,000 €9,000 = 0.0%
Reserves 13 €5,000 €5,000 = 0.0%
Non-distributable reserves 130/1 €5,000 - -€5,000
Reserves not available under the articles 1311 €5,000 - -€5,000
Distributable reserves 133 - €5,000 +€5,000
Profit (loss) carried forward 14 -€58,749 -€38,449 +€20,299 +34.6%
Amounts payable 17/49 €276,854 €243,853 -€33,001 -11.9%
Amounts payable after more than one year 17 €228,356 €211,151 -€17,205 -7.5%
Financial debts 170/4 €228,356 €211,151 -€17,205 -7.5%
Amounts payable within one year 42/48 €46,204 €29,866 -€16,339 -35.4%
Current portion of amounts payable after more than one year 42 €16,722 €17,205 +€483 +2.9%
Trade debts 44 €6,744 €995 -€5,750 -85.3%
Suppliers 440/4 €6,744 €995 -€5,750 -85.3%
Taxes, remuneration and social security 45 €10,162 €7,633 -€2,530 -24.9%
Taxes 450/3 €7,445 €7,633 +€187 +2.5%
Remuneration and social security 454/9 €2,717 - -€2,717
Other amounts payable 47/48 €12,576 €4,033 -€8,542 -67.9%
Accrued charges and deferred income 492/3 €2,294 €2,836 +€543 +23.7%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €31,387 €5,333 -€26,053 -83.0%
Other operating charges 640/8 €197 €1,720 +€1,523 +772.5%
Gross operating margin 9900 €28,617 €40,377 +€11,760 +41.1%
Operating profit (loss) 9901 -€2,967 €33,324 +€36,291
Financial income 75/76B €16 €11 -€6 -34.4%
Recurring financial income 75 €16 €11 -€6 -34.4%
Financial charges 65/66B €7,340 €12,507 +€5,167 +70.4%
Recurring financial charges 65 €7,340 €12,507 +€5,167 +70.4%
Profit (loss) for the period before taxes 9903 -€10,291 €20,827 +€31,118
Income taxes 67/77 €321 €528 +€207 +64.5%
Profit (loss) for the period 9904 -€10,612 €20,299 +€30,912
Profit (loss) for the period to be appropriated 9905 -€10,612 €20,299 +€30,912

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.