LUCCO: 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.
LUCCO
Largest movements
- Cash +€302,978
up €302,978 (+78.9%), from €383,841 to €686,819
mainly Net result for the year (+€477,179) and Trade debts (+€3,016)
- Receivables within one year +€51,051
up €51,051 (+170.7%), from €29,902 to €80,953
of which Other amounts receivable: +€44,565
- Reserves +€437,146
up €437,146 (+39.3%), from €1.1m to €1.5m
- Tax, wage and social debts -€51,744
down €51,744 (-82.0%), from €63,072 to €11,328
of which Taxes: -€48,665
- Other debts -€28,832
no longer reported in 2025 (was €28,832)
- Gross operating margin +€315,457
up €315,457 (+86.4%), from €364,928 to €680,385
- Taxes +€101,989
up €101,989 (+87.4%), from €116,719 to €218,709
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.
Cash bridge derived
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 | €1,215,436 | €1,575,383 | +€359,946 | +29.6% |
| Fixed assets | 21/28 | €293,740 | €296,641 | +€2,901 | +1.0% |
| Tangible fixed assets | 22/27 | €293,660 | €296,561 | +€2,901 | +1.0% |
| Land and buildings | 22 | €291,208 | €290,374 | -€834 | -0.3% |
| Furniture and vehicles | 24 | €2,452 | €6,187 | +€3,735 | +152.3% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €921,696 | €1,278,742 | +€357,045 | +38.7% |
| Amounts receivable after more than one year | 29 | €498,688 | €498,688 | = | 0.0% |
| Other amounts receivable | 291 | €498,688 | €498,688 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €29,902 | €80,953 | +€51,051 | +170.7% |
| Trade receivables | 40 | €26,621 | €33,108 | +€6,487 | +24.4% |
| Other amounts receivable | 41 | €3,281 | €47,845 | +€44,565 | +1358.3% |
| Cash at bank and in hand | 54/58 | €383,841 | €686,819 | +€302,978 | +78.9% |
| Deferred charges and accrued income | 490/1 | €9,266 | €12,282 | +€3,016 | +32.5% |
| Total equity and liabilities | 10/49 | €1,215,436 | €1,575,383 | +€359,946 | +29.6% |
| Equity | 10/15 | €1,117,913 | €1,555,059 | +€437,146 | +39.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,111,713 | €1,548,859 | +€437,146 | +39.3% |
| Distributable reserves | 133 | €1,111,713 | €1,548,859 | +€437,146 | +39.3% |
| Amounts payable | 17/49 | €97,523 | €20,323 | -€77,200 | -79.2% |
| Amounts payable within one year | 42/48 | €97,523 | €19,963 | -€77,560 | -79.5% |
| Trade debts | 44 | €5,619 | €8,635 | +€3,016 | +53.7% |
| Suppliers | 440/4 | €5,619 | €8,635 | +€3,016 | +53.7% |
| Taxes, remuneration and social security | 45 | €63,072 | €11,328 | -€51,744 | -82.0% |
| Taxes | 450/3 | €57,374 | €8,709 | -€48,665 | -84.8% |
| Remuneration and social security | 454/9 | €5,698 | €2,620 | -€3,079 | -54.0% |
| Other amounts payable | 47/48 | €28,832 | - | -€28,832 | |
| Accrued charges and deferred income | 492/3 | - | €360 | +€360 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,757 | €2,949 | +€192 | +7.0% |
| Other operating charges | 640/8 | €1,215 | €1,138 | -€77 | -6.3% |
| Gross operating margin | 9900 | €364,928 | €680,385 | +€315,457 | +86.4% |
| Operating profit (loss) | 9901 | €360,957 | €676,299 | +€315,342 | +87.4% |
| Financial income | 75/76B | €14,961 | €19,953 | +€4,991 | +33.4% |
| Recurring financial income | 75 | €14,961 | €19,953 | +€4,991 | +33.4% |
| Financial charges | 65/66B | €1,609 | €363 | -€1,246 | -77.4% |
| Recurring financial charges | 65 | €1,609 | €363 | -€1,246 | -77.4% |
| Profit (loss) for the period before taxes | 9903 | €374,309 | €695,888 | +€321,579 | +85.9% |
| Income taxes | 67/77 | €116,719 | €218,709 | +€101,989 | +87.4% |
| Profit (loss) for the period | 9904 | €257,590 | €477,179 | +€219,590 | +85.2% |
| Profit (loss) for the period to be appropriated | 9905 | €257,590 | €477,179 | +€219,590 | +85.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.