LUCHENS: 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.
LUCHENS
Largest movements
- Receivables within one year +€50,007
up €50,007 (+57.4%), from €87,128 to €137,135
of which Trade receivables: +€43,678
- Receivables after one year -€23,664
down €23,664 (-83.7%), from €28,260 to €4,596
- Cash +€9,095
up €9,095 (+17.8%), from €51,091 to €60,186
mainly Net result for the year (+€45,576) and Receivables after one year (+€23,664)
- Reserves +€20,316
up €20,316 (+16.9%), from €120,346 to €140,662
of which Distributable reserves: +€20,316
- Trade debts +€10,062
up €10,062 (+275.2%), from €3,656 to €13,718
- Tax, wage and social debts +€7,263
up €7,263 (+28.4%), from €25,577 to €32,840
- Gross operating margin +€35,878
up €35,878 (+124.7%), from €28,777 to €64,655
- Taxes +€10,745
up €10,745 (+100.4%), from €10,700 to €21,446
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 | €166,479 | €204,119 | +€37,640 | +22.6% |
| Fixed assets | 21/28 | - | €952 | +€952 | |
| Tangible fixed assets | 22/27 | - | €952 | +€952 | |
| Furniture and vehicles | 24 | - | €952 | +€952 | |
| Current assets | 29/58 | €166,479 | €203,167 | +€36,688 | +22.0% |
| Amounts receivable after more than one year | 29 | €28,260 | €4,596 | -€23,664 | -83.7% |
| Other amounts receivable | 291 | €28,260 | €4,596 | -€23,664 | -83.7% |
| Stocks and contracts in progress | 3 | - | €1,250 | +€1,250 | |
| Stocks | 30/36 | - | €1,250 | +€1,250 | |
| Amounts receivable within one year | 40/41 | €87,128 | €137,135 | +€50,007 | +57.4% |
| Trade receivables | 40 | €15,673 | €59,352 | +€43,678 | +278.7% |
| Other amounts receivable | 41 | €71,455 | €77,783 | +€6,328 | +8.9% |
| Cash at bank and in hand | 54/58 | €51,091 | €60,186 | +€9,095 | +17.8% |
| Total equity and liabilities | 10/49 | €166,479 | €204,119 | +€37,640 | +22.6% |
| Equity | 10/15 | €137,246 | €157,562 | +€20,316 | +14.8% |
| Contributions | 10/11 | €16,900 | €16,900 | = | 0.0% |
| Reserves | 13 | €120,346 | €140,662 | +€20,316 | +16.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €124 | €124 | = | 0.0% |
| Distributable reserves | 133 | €118,361 | €138,677 | +€20,316 | +17.2% |
| Amounts payable | 17/49 | €29,233 | €46,557 | +€17,325 | +59.3% |
| Amounts payable within one year | 42/48 | €29,233 | €46,557 | +€17,325 | +59.3% |
| Trade debts | 44 | €3,656 | €13,718 | +€10,062 | +275.2% |
| Suppliers | 440/4 | €3,656 | €13,718 | +€10,062 | +275.2% |
| Taxes, remuneration and social security | 45 | €25,577 | €32,840 | +€7,263 | +28.4% |
| Taxes | 450/3 | €25,577 | €32,840 | +€7,263 | +28.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €299 | +€299 | |
| Other operating charges | 640/8 | €1,795 | €2,282 | +€486 | +27.1% |
| Gross operating margin | 9900 | €28,777 | €64,655 | +€35,878 | +124.7% |
| Operating profit (loss) | 9901 | €26,982 | €62,074 | +€35,092 | +130.1% |
| Financial income | 75/76B | €5,177 | €5,097 | -€80 | -1.5% |
| Recurring financial income | 75 | €5,177 | €5,097 | -€80 | -1.5% |
| Financial charges | 65/66B | €155 | €149 | -€5 | -3.5% |
| Recurring financial charges | 65 | €155 | €149 | -€5 | -3.5% |
| Profit (loss) for the period before taxes | 9903 | €32,004 | €67,022 | +€35,018 | +109.4% |
| Income taxes | 67/77 | €10,700 | €21,446 | +€10,745 | +100.4% |
| Profit (loss) for the period | 9904 | €21,304 | €45,576 | +€24,272 | +113.9% |
| Profit (loss) for the period to be appropriated | 9905 | €21,304 | €45,576 | +€24,272 | +113.9% |
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 4 October 2026 via checked.be.