LUCCREATIEF: 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.
LUCCREATIEF
Largest movements
- Cash +€140,151
up €140,151 (+382%), from €36,648 to €176,799
mainly Receivables within one year (+€61,638) and Net result for the year (+€60,917)
- Receivables within one year -€61,638
down €61,638 (-73.1%), from €84,339 to €22,701
of which Trade receivables: -€79,654
- Deferred charges and accrued income +€4,957
new in 2025: €4,957
- Reserves +€60,917
up €60,917 (+125%), from €48,765 to €109,682
of which Distributable reserves: +€60,917
- Tax, wage and social debts +€37,891
up €37,891 (+181%), from €20,884 to €58,775
- Other debts -€20,425
no longer reported in 2025 (was €20,425)
- Trade debts +€3,949
up €3,949 (+186%), from €2,127 to €6,076
- Gross operating margin +€76,239
up €76,239 (+469%), from €16,250 to €92,489
- Taxes +€26,116
up €26,116 (+680%), from €3,838 to €29,954
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 | €124,768 | €207,101 | +€82,333 | +66.0% |
| Fixed assets | 21/28 | €3,781 | €2,644 | -€1,137 | -30.1% |
| Tangible fixed assets | 22/27 | €2,281 | €1,144 | -€1,137 | -49.8% |
| Plant, machinery and equipment | 23 | €2,281 | €1,144 | -€1,137 | -49.8% |
| Financial fixed assets | 28 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €120,987 | €204,456 | +€83,469 | +69.0% |
| Amounts receivable within one year | 40/41 | €84,339 | €22,701 | -€61,638 | -73.1% |
| Trade receivables | 40 | €79,654 | - | -€79,654 | |
| Other amounts receivable | 41 | €4,685 | €22,701 | +€18,016 | +385% |
| Cash at bank and in hand | 54/58 | €36,648 | €176,799 | +€140,151 | +382% |
| Deferred charges and accrued income | 490/1 | - | €4,957 | +€4,957 | |
| Total equity and liabilities | 10/49 | €124,768 | €207,101 | +€82,333 | +66.0% |
| Equity | 10/15 | €81,332 | €142,249 | +€60,917 | +74.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €48,765 | €109,682 | +€60,917 | +125% |
| 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 | €46,905 | €107,822 | +€60,917 | +130% |
| Profit (loss) carried forward | 14 | €26,367 | €26,367 | = | 0.0% |
| Amounts payable | 17/49 | €43,436 | €64,852 | +€21,416 | +49.3% |
| Amounts payable within one year | 42/48 | €43,436 | €64,852 | +€21,416 | +49.3% |
| Trade debts | 44 | €2,127 | €6,076 | +€3,949 | +186% |
| Suppliers | 440/4 | €2,127 | €6,076 | +€3,949 | +186% |
| Taxes, remuneration and social security | 45 | €20,884 | €58,775 | +€37,891 | +181% |
| Taxes | 450/3 | €20,884 | €58,775 | +€37,891 | +181% |
| Other amounts payable | 47/48 | €20,425 | - | -€20,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,810 | €1,137 | -€673 | -37.2% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | €16,250 | €92,489 | +€76,239 | +469% |
| Operating profit (loss) | 9901 | €14,322 | €91,232 | +€76,910 | +537% |
| Financial charges | 65/66B | €248 | €362 | +€113 | +45.6% |
| Recurring financial charges | 65 | €248 | €362 | +€113 | +45.6% |
| Profit (loss) for the period before taxes | 9903 | €14,074 | €90,871 | +€76,797 | +546% |
| Income taxes | 67/77 | €3,838 | €29,954 | +€26,116 | +680% |
| Profit (loss) for the period | 9904 | €10,235 | €60,917 | +€50,681 | +495% |
| Profit (loss) for the period to be appropriated | 9905 | €10,235 | €60,917 | +€50,681 | +495% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.