Luce Care: 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.
Luce Care
Largest movements
- Financial fixed assets +€450,000
up €450,000 (+4.2%), from €10.7m to €11.2m
- Current investments -€350,074
down €350,074 (-38.9%), from €900,074 to €550,000
- Receivables within one year -€267,228
down €267,228 (-88.4%), from €302,427 to €35,199
of which Other amounts receivable: -€297,787
- Debts after one year -€1.4m
down €1.4m (-28.9%), from €5.0m to €3.6m
- Reserves +€1.2m
up €1.2m (+25.1%), from €4.8m to €6.0m
- Financial income -€956,489
down €956,489 (-37.4%), from €2.6m to €1.6m
- Financial charges +€57,961
up €57,961 (+45.8%), from €126,506 to €184,467
- Gross operating margin -€33,000
down €33,000 (-20.1%), from -€164,011 to -€197,010
- Staff costs +€19,443
new in 2025: €19,443
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 | €12,083,561 | €11,899,932 | -€183,630 | -1.5% |
| Fixed assets | 21/28 | €10,712,989 | €11,166,940 | +€453,951 | +4.2% |
| Intangible fixed assets | 21 | €1,710 | €1,060 | -€650 | -38.0% |
| Tangible fixed assets | 22/27 | - | €4,601 | +€4,601 | |
| Plant, machinery and equipment | 23 | - | €4,601 | +€4,601 | |
| Financial fixed assets | 28 | €10,711,279 | €11,161,279 | +€450,000 | +4.2% |
| Current assets | 29/58 | €1,370,572 | €732,992 | -€637,580 | -46.5% |
| Amounts receivable within one year | 40/41 | €302,427 | €35,199 | -€267,228 | -88.4% |
| Trade receivables | 40 | - | €30,559 | +€30,559 | |
| Other amounts receivable | 41 | €302,427 | €4,640 | -€297,787 | -98.5% |
| Current investments | 50/53 | €900,074 | €550,000 | -€350,074 | -38.9% |
| Cash at bank and in hand | 54/58 | €166,809 | €138,478 | -€28,330 | -17.0% |
| Deferred charges and accrued income | 490/1 | €1,262 | €9,315 | +€8,052 | +638% |
| Total equity and liabilities | 10/49 | €12,083,561 | €11,899,932 | -€183,630 | -1.5% |
| Equity | 10/15 | €5,174,534 | €6,373,368 | +€1.2m | +23.2% |
| Contributions | 10/11 | €405,000 | €405,000 | = | 0.0% |
| Reserves | 13 | €4,769,534 | €5,968,368 | +€1.2m | +25.1% |
| Distributable reserves | 133 | €4,769,534 | €5,968,368 | +€1.2m | +25.1% |
| Amounts payable | 17/49 | €6,909,027 | €5,526,563 | -€1.4m | -20.0% |
| Amounts payable after more than one year | 17 | €5,008,496 | €3,561,589 | -€1.4m | -28.9% |
| Financial debts | 170/4 | €5,008,496 | €3,561,589 | -€1.4m | -28.9% |
| Amounts payable within one year | 42/48 | €1,868,644 | €1,933,181 | +€64,537 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €1,410,589 | €1,446,906 | +€36,317 | +2.6% |
| Trade debts | 44 | €22,069 | €25,972 | +€3,903 | +17.7% |
| Suppliers | 440/4 | €22,069 | €25,972 | +€3,903 | +17.7% |
| Taxes, remuneration and social security | 45 | €1,469 | €16,912 | +€15,443 | +1,052% |
| Taxes | 450/3 | €1,469 | €14,699 | +€13,230 | +901% |
| Remuneration and social security | 454/9 | - | €2,213 | +€2,213 | |
| Other amounts payable | 47/48 | €434,517 | €443,391 | +€8,873 | +2.0% |
| Accrued charges and deferred income | 492/3 | €31,887 | €31,793 | -€95 | -0.3% |
| Remuneration, social security and pensions | 62 | - | €19,443 | +€19,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €240 | €897 | +€657 | +273% |
| Other operating charges | 640/8 | €1,108 | €2,212 | +€1,104 | +99.6% |
| Gross operating margin | 9900 | -€164,011 | -€197,010 | -€33,000 | -20.1% |
| Operating profit (loss) | 9901 | -€165,359 | -€219,563 | -€54,204 | -32.8% |
| Financial income | 75/76B | €2,559,353 | €1,602,865 | -€956,489 | -37.4% |
| Recurring financial income | 75 | €2,559,353 | €1,602,865 | -€956,489 | -37.4% |
| Financial charges | 65/66B | €126,506 | €184,467 | +€57,961 | +45.8% |
| Recurring financial charges | 65 | €126,506 | €184,467 | +€57,961 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €2,267,488 | €1,198,834 | -€1.1m | -47.1% |
| Profit (loss) for the period | 9904 | €2,267,488 | €1,198,834 | -€1.1m | -47.1% |
| Profit (loss) for the period to be appropriated | 9905 | €2,267,488 | €1,198,834 | -€1.1m | -47.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.