LUCERVIUM: 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.
LUCERVIUM
Largest movements
- Tangible fixed assets +€76,304
up €76,304 (+26081.4%), from €293 to €76,596
of which Furniture and vehicles: +€74,795
- Receivables within one year +€31,338
up €31,338 (+7436.1%), from €421 to €31,760
of which Trade receivables: +€31,760
- Cash +€6,249
up €6,249 (+405.9%), from €1,540 to €7,789
mainly Debts after one year (+€42,513) and Net result for the year (+€41,448)
- Debts after one year +€42,513
new in 2025: €42,513
- Reserves +€37,972
new in 2025: €37,972
- Tax, wage and social debts +€21,924
new in 2025: €21,924
- Current portion of long-term debt +€12,446
new in 2025: €12,446
- Profit (loss) carried forward +€3,477
no longer reported in 2025 (was -€3,477)
- Gross operating margin +€67,284
up €67,284, from -€3,077 to €64,207
- Taxes +€10,406
new in 2025: €10,406
- Depreciation +€9,549
new in 2025: €9,549
- Financial charges +€2,271
up €2,271 (+18213.6%), from €12 to €2,284
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 | €2,254 | €116,920 | +€114,666 | +5087.9% |
| Fixed assets | 21/28 | €293 | €76,596 | +€76,304 | +26081.4% |
| Tangible fixed assets | 22/27 | €293 | €76,596 | +€76,304 | +26081.4% |
| Plant, machinery and equipment | 23 | €293 | €1,801 | +€1,508 | +515.5% |
| Furniture and vehicles | 24 | - | €74,795 | +€74,795 | |
| Current assets | 29/58 | €1,961 | €40,324 | +€38,363 | +1956.1% |
| Amounts receivable within one year | 40/41 | €421 | €31,760 | +€31,338 | +7436.1% |
| Trade receivables | 40 | - | €31,760 | +€31,760 | |
| Other amounts receivable | 41 | €421 | - | -€421 | |
| Cash at bank and in hand | 54/58 | €1,540 | €7,789 | +€6,249 | +405.9% |
| Deferred charges and accrued income | 490/1 | - | €776 | +€776 | |
| Total equity and liabilities | 10/49 | €2,254 | €116,920 | +€114,666 | +5087.9% |
| Equity | 10/15 | -€1,477 | €39,972 | +€41,448 | |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | - | €37,972 | +€37,972 | |
| Distributable reserves | 133 | - | €37,972 | +€37,972 | |
| Profit (loss) carried forward | 14 | -€3,477 | - | +€3,477 | |
| Amounts payable | 17/49 | €3,730 | €76,948 | +€73,218 | +1962.8% |
| Amounts payable after more than one year | 17 | - | €42,513 | +€42,513 | |
| Financial debts | 170/4 | - | €42,513 | +€42,513 | |
| Amounts payable within one year | 42/48 | €3,730 | €34,425 | +€30,695 | +822.8% |
| Current portion of amounts payable after more than one year | 42 | - | €12,446 | +€12,446 | |
| Trade debts | 44 | €1,965 | €25 | -€1,940 | -98.7% |
| Suppliers | 440/4 | €1,965 | €25 | -€1,940 | -98.7% |
| Taxes, remuneration and social security | 45 | - | €21,924 | +€21,924 | |
| Taxes | 450/3 | - | €21,924 | +€21,924 | |
| Other amounts payable | 47/48 | €1,765 | €30 | -€1,735 | -98.3% |
| Accrued charges and deferred income | 492/3 | - | €10 | +€10 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €9,549 | +€9,549 | |
| Other operating charges | 640/8 | €387 | €520 | +€132 | +34.2% |
| Gross operating margin | 9900 | -€3,077 | €64,207 | +€67,284 | |
| Operating profit (loss) | 9901 | -€3,464 | €54,138 | +€57,602 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €12 | €2,284 | +€2,271 | +18213.6% |
| Recurring financial charges | 65 | €12 | €2,284 | +€2,271 | +18213.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,477 | €51,855 | +€55,331 | |
| Income taxes | 67/77 | - | €10,406 | +€10,406 | |
| Profit (loss) for the period | 9904 | -€3,477 | €41,448 | +€44,925 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,477 | €41,448 | +€44,925 |
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 3 October 2026 via checked.be.