LUCCINI: 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.
LUCCINI
Largest movements
- Cash +€597,032
up €597,032 (+340.8%), from €175,187 to €772,219
mainly Net result for the year (+€286,494) and Investment in fixed assets (net) (+€275,855)
- Tangible fixed assets -€275,855
down €275,855 (-74.4%), from €370,660 to €94,805
- Receivables after one year -€220,000
down €220,000 (-100.0%), from €220,000 to €0
- Receivables within one year +€18,282
new in 2024: €18,282
- Reserves +€318,109
up €318,109 (+192.3%), from €165,410 to €483,518
of which Tax-exempt reserves: +€318,109
- Debts after one year -€193,075
down €193,075 (-82.6%), from €233,857 to €40,782
- Provisions +€106,036
up €106,036 (+204.6%), from €51,831 to €157,867
- Other debts -€47,671
down €47,671 (-67.2%), from €70,957 to €23,286
- Profit (loss) carried forward -€31,615
down €31,615 (-33.8%), from €93,456 to €61,841
- Gross operating margin +€218,211
up €218,211 (+113.4%), from €192,478 to €410,690
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.
Cash bridge derived
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 | €765,848 | €885,306 | +€119,459 | +15.6% |
| Fixed assets | 21/28 | €370,660 | €94,805 | -€275,855 | -74.4% |
| Tangible fixed assets | 22/27 | €370,660 | €94,805 | -€275,855 | -74.4% |
| Land and buildings | 22 | €370,660 | €94,805 | -€275,855 | -74.4% |
| Current assets | 29/58 | €395,187 | €790,501 | +€395,314 | +100.0% |
| Amounts receivable after more than one year | 29 | €220,000 | €0 | -€220,000 | -100.0% |
| Other amounts receivable | 291 | €220,000 | €0 | -€220,000 | -100.0% |
| Amounts receivable within one year | 40/41 | - | €18,282 | +€18,282 | |
| Other amounts receivable | 41 | - | €18,282 | +€18,282 | |
| Cash at bank and in hand | 54/58 | €175,187 | €772,219 | +€597,032 | +340.8% |
| Total equity and liabilities | 10/49 | €765,848 | €885,306 | +€119,459 | +15.6% |
| Equity | 10/15 | €358,023 | €644,517 | +€286,494 | +80.0% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Reserves | 13 | €165,410 | €483,518 | +€318,109 | +192.3% |
| Non-distributable reserves | 130/1 | €9,916 | €9,916 | = | 0.0% |
| Legal reserve | 130 | €9,916 | €9,916 | = | 0.0% |
| Tax-exempt reserves | 132 | €155,494 | €473,602 | +€318,109 | +204.6% |
| Profit (loss) carried forward | 14 | €93,456 | €61,841 | -€31,615 | -33.8% |
| Provisions and deferred taxes | 16 | €51,831 | €157,867 | +€106,036 | +204.6% |
| Deferred taxes | 168 | €51,831 | €157,867 | +€106,036 | +204.6% |
| Amounts payable | 17/49 | €355,993 | €82,922 | -€273,071 | -76.7% |
| Amounts payable after more than one year | 17 | €233,857 | €40,782 | -€193,075 | -82.6% |
| Financial debts | 170/4 | €233,857 | €40,782 | -€193,075 | -82.6% |
| Amounts payable within one year | 42/48 | €119,719 | €42,140 | -€77,578 | -64.8% |
| Current portion of amounts payable after more than one year | 42 | €16,126 | €16,964 | +€838 | +5.2% |
| Trade debts | 44 | €6,329 | €1,890 | -€4,439 | -70.1% |
| Suppliers | 440/4 | €6,329 | €1,890 | -€4,439 | -70.1% |
| Taxes, remuneration and social security | 45 | €26,307 | €0 | -€26,307 | -100.0% |
| Taxes | 450/3 | €26,307 | €0 | -€26,307 | -100.0% |
| Other amounts payable | 47/48 | €70,957 | €23,286 | -€47,671 | -67.2% |
| Accrued charges and deferred income | 492/3 | €2,418 | €0 | -€2,418 | -100.0% |
| Non-recurring operating income | 76A | €207,325 | €424,145 | +€216,819 | +104.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | €0 | -€0 | -100.0% |
| Other operating charges | 640/8 | €15,016 | €13,720 | -€1,296 | -8.6% |
| Gross operating margin | 9900 | €192,478 | €410,690 | +€218,211 | +113.4% |
| Operating profit (loss) | 9901 | €177,463 | €396,970 | +€219,507 | +123.7% |
| Financial income | 75/76B | €3,850 | €1 | -€3,849 | -100.0% |
| Recurring financial income | 75 | €3,850 | €1 | -€3,849 | -100.0% |
| Financial charges | 65/66B | €5,689 | €4,441 | -€1,248 | -21.9% |
| Recurring financial charges | 65 | €5,689 | €4,441 | -€1,248 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €175,623 | €392,530 | +€216,907 | +123.5% |
| Transfer to deferred taxes | 680 | €51,831 | €106,036 | +€54,205 | +104.6% |
| Profit (loss) for the period | 9904 | €123,792 | €286,494 | +€162,702 | +131.4% |
| Transfer to tax-exempt reserves | 689 | €155,494 | €318,109 | +€162,615 | +104.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,702 | -€31,615 | +€87 | +0.3% |
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 3 October 2026 via checked.be.