LUCENTIUM: 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.
LUCENTIUM
Largest movements
- Cash -€130,091
down €130,091 (-45.6%), from €285,062 to €154,971
mainly Net result for the year (-€209,581) and Tax, wage and social debts (-€22,804)
- Current investments -€103,887
down €103,887 (-73.2%), from €141,853 to €37,966
- Profit (loss) carried forward -€209,581
down €209,581 (-580%), from -€36,143 to -€245,723
- Tax, wage and social debts -€22,804
no longer reported in 2024 (was €22,804)
- Financial charges +€104,020
up €104,020 (+19,340%), from €538 to €104,558
of which Non-recurring financial charges: +€103,887
- Gross operating margin +€41,960
up €41,960 (+79.3%), from -€52,921 to -€10,960
- Taxes -€10,250
down €10,250 (-9.9%), from €103,786 to €93,536
- Financial income +€693
up €693 (+170%), from €408 to €1,101
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.
Derived cash bridge
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 | €471,013 | €237,304 | -€233,709 | -49.6% |
| Fixed assets | 21/28 | €1,880 | €433 | -€1,447 | -77.0% |
| Tangible fixed assets | 22/27 | €1,880 | €433 | -€1,447 | -77.0% |
| Furniture and vehicles | 24 | €1,880 | €433 | -€1,447 | -77.0% |
| Current assets | 29/58 | €469,133 | €236,871 | -€232,262 | -49.5% |
| Amounts receivable within one year | 40/41 | €42,218 | €43,934 | +€1,716 | +4.1% |
| Other amounts receivable | 41 | €42,218 | €43,934 | +€1,716 | +4.1% |
| Current investments | 50/53 | €141,853 | €37,966 | -€103,887 | -73.2% |
| Cash at bank and in hand | 54/58 | €285,062 | €154,971 | -€130,091 | -45.6% |
| Total equity and liabilities | 10/49 | €471,013 | €237,304 | -€233,709 | -49.6% |
| Equity | 10/15 | €442,759 | €233,178 | -€209,581 | -47.3% |
| Contributions | 10/11 | €14,500 | €14,500 | = | 0.0% |
| Capital | 10 | €14,500 | - | -€14,500 | |
| Issued capital | 100 | €14,500 | - | -€14,500 | |
| Reserves | 13 | €464,402 | €464,402 | = | 0.0% |
| 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 | €462,542 | €462,542 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€36,143 | -€245,723 | -€209,581 | -580% |
| Amounts payable | 17/49 | €28,254 | €4,126 | -€24,128 | -85.4% |
| Amounts payable within one year | 42/48 | €28,254 | €4,126 | -€24,128 | -85.4% |
| Trade debts | 44 | €1,428 | €103 | -€1,325 | -92.8% |
| Suppliers | 440/4 | €1,428 | €103 | -€1,325 | -92.8% |
| Taxes, remuneration and social security | 45 | €22,804 | - | -€22,804 | |
| Taxes | 450/3 | €22,804 | - | -€22,804 | |
| Other amounts payable | 47/48 | €4,022 | €4,022 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,772 | €1,447 | -€325 | -18.3% |
| Other operating charges | 640/8 | - | €180 | +€180 | |
| Gross operating margin | 9900 | -€52,921 | -€10,960 | +€41,960 | +79.3% |
| Operating profit (loss) | 9901 | -€54,693 | -€12,588 | +€42,105 | +77.0% |
| Financial income | 75/76B | €408 | €1,101 | +€693 | +170% |
| Recurring financial income | 75 | €408 | €1,101 | +€693 | +170% |
| Financial charges | 65/66B | €538 | €104,558 | +€104,020 | +19,340% |
| Recurring financial charges | 65 | €538 | €671 | +€134 | +24.8% |
| Non-recurring financial charges | 66B | - | €103,887 | +€103,887 | |
| Profit (loss) for the period before taxes | 9903 | -€54,823 | -€116,045 | -€61,222 | -112% |
| Income taxes | 67/77 | €103,786 | €93,536 | -€10,250 | -9.9% |
| Profit (loss) for the period | 9904 | -€158,609 | -€209,581 | -€50,972 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€158,609 | -€209,581 | -€50,972 | -32.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.