Luceos: 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.
Luceos
Largest movements
- Intangible fixed assets +€39,167
new in 2025: €39,167
- Stocks and contracts +€23,064
new in 2025: €23,064
- Receivables within one year -€16,496
down €16,496 (-99.3%), from €16,605 to €109
of which Other amounts receivable: -€16,441
- Cash +€12,236
up €12,236 (+1870.7%), from €654 to €12,890
mainly Other debts (+€59,766) and Receivables within one year (+€16,496)
- Current investments -€6,313
down €6,313 (-97.5%), from €6,477 to €163
- Other debts +€59,766
new in 2025: €59,766
- Profit (loss) carried forward -€15,900
down €15,900 (-71.7%), from €22,184 to €6,285
- Trade debts +€8,599
new in 2025: €8,599
- Tax, wage and social debts -€1,906
down €1,906 (-80.0%), from €2,381 to €475
of which Taxes: -€2,312
- Gross operating margin -€21,474
down €21,474, from €8,802 to -€12,673
- Other operating charges -€682
down €682 (-85.7%), from €796 to €114
- Staff costs +€670
new in 2025: €670
- Depreciation +€493
up €493 (+145.3%), from €339 to €833
- Taxes +€129
up €129, from -€3 to €127
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 | €26,565 | €77,125 | +€50,560 | +190.3% |
| Fixed assets | 21/28 | €1,293 | €39,167 | +€37,874 | +2929.7% |
| Intangible fixed assets | 21 | - | €39,167 | +€39,167 | |
| Tangible fixed assets | 22/27 | €1,293 | - | -€1,293 | |
| Furniture and vehicles | 24 | €1,293 | - | -€1,293 | |
| Current assets | 29/58 | €25,273 | €37,958 | +€12,685 | +50.2% |
| Stocks and contracts in progress | 3 | - | €23,064 | +€23,064 | |
| Stocks | 30/36 | - | €23,064 | +€23,064 | |
| Amounts receivable within one year | 40/41 | €16,605 | €109 | -€16,496 | -99.3% |
| Trade receivables | 40 | €55 | - | -€55 | |
| Other amounts receivable | 41 | €16,550 | €109 | -€16,441 | -99.3% |
| Current investments | 50/53 | €6,477 | €163 | -€6,313 | -97.5% |
| Cash at bank and in hand | 54/58 | €654 | €12,890 | +€12,236 | +1870.7% |
| Deferred charges and accrued income | 490/1 | €1,537 | €1,732 | +€195 | +12.7% |
| Total equity and liabilities | 10/49 | €26,565 | €77,125 | +€50,560 | +190.3% |
| Equity | 10/15 | €24,184 | €8,285 | -€15,900 | -65.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,184 | €6,285 | -€15,900 | -71.7% |
| Amounts payable | 17/49 | €2,381 | €68,840 | +€66,459 | +2791.1% |
| Amounts payable within one year | 42/48 | €2,381 | €68,840 | +€66,459 | +2791.1% |
| Trade debts | 44 | - | €8,599 | +€8,599 | |
| Suppliers | 440/4 | - | €8,599 | +€8,599 | |
| Taxes, remuneration and social security | 45 | €2,381 | €475 | -€1,906 | -80.0% |
| Taxes | 450/3 | €2,381 | €69 | -€2,312 | -97.1% |
| Remuneration and social security | 454/9 | - | €406 | +€406 | |
| Other amounts payable | 47/48 | - | €59,766 | +€59,766 | |
| Remuneration, social security and pensions | 62 | - | €670 | +€670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €339 | €833 | +€493 | +145.3% |
| Other operating charges | 640/8 | €796 | €114 | -€682 | -85.7% |
| Non-recurring operating charges | 66A | €18,248 | €1,293 | -€16,955 | -92.9% |
| Gross operating margin | 9900 | €8,802 | -€12,673 | -€21,474 | |
| Operating profit (loss) | 9901 | -€10,582 | -€15,583 | -€5,001 | -47.3% |
| Financial income | 75/76B | €20 | €42 | +€22 | +110.1% |
| Recurring financial income | 75 | €20 | €42 | +€22 | +110.1% |
| Financial charges | 65/66B | €157 | €233 | +€76 | +48.2% |
| Recurring financial charges | 65 | €157 | €233 | +€76 | +48.2% |
| Profit (loss) for the period before taxes | 9903 | -€10,719 | -€15,773 | -€5,054 | -47.2% |
| Income taxes | 67/77 | -€3 | €127 | +€129 | |
| Profit (loss) for the period | 9904 | -€10,716 | -€15,900 | -€5,184 | -48.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,716 | -€15,900 | -€5,184 | -48.4% |
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.