LUCIAN CONSTRUCT: 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.
LUCIAN CONSTRUCT
Largest movements
- Receivables within one year +€10,511
up €10,511 (+44.8%), from €23,445 to €33,956
- Cash -€2,194
down €2,194 (-74.2%), from €2,958 to €764
mainly Receivables within one year (-€10,511) and Tax, wage and social debts (-€3,477)
- Deferred charges and accrued income +€496
up €496 (+373.9%), from €133 to €629
- Profit (loss) carried forward +€11,443
up €11,443 (+378.4%), from €3,024 to €14,467
- Tax, wage and social debts -€3,477
down €3,477 (-43.9%), from €7,916 to €4,439
- Trade debts +€848
up €848 (+142.4%), from €595 to €1,443
- Gross operating margin +€10,152
up €10,152 (+136.8%), from €7,420 to €17,572
- Taxes +€2,402
up €2,402 (+235.8%), from €1,019 to €3,420
- Depreciation -€1,150
no longer reported in 2025 (was €1,150)
- Financial charges +€619
up €619 (+90.3%), from €685 to €1,304
- Other operating charges -€516
down €516 (-26.9%), from €1,921 to €1,405
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 | €26,535 | €35,349 | +€8,814 | +33.2% |
| Current assets | 29/58 | €26,535 | €35,349 | +€8,814 | +33.2% |
| Amounts receivable within one year | 40/41 | €23,445 | €33,956 | +€10,511 | +44.8% |
| Other amounts receivable | 41 | €23,445 | €33,956 | +€10,511 | +44.8% |
| Cash at bank and in hand | 54/58 | €2,958 | €764 | -€2,194 | -74.2% |
| Deferred charges and accrued income | 490/1 | €133 | €629 | +€496 | +373.9% |
| Total equity and liabilities | 10/49 | €26,535 | €35,349 | +€8,814 | +33.2% |
| Equity | 10/15 | €18,024 | €29,467 | +€11,443 | +63.5% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,024 | €14,467 | +€11,443 | +378.4% |
| Amounts payable | 17/49 | €8,511 | €5,882 | -€2,629 | -30.9% |
| Amounts payable within one year | 42/48 | €8,511 | €5,882 | -€2,629 | -30.9% |
| Trade debts | 44 | €595 | €1,443 | +€848 | +142.4% |
| Suppliers | 440/4 | €595 | €1,443 | +€848 | +142.4% |
| Taxes, remuneration and social security | 45 | €7,916 | €4,439 | -€3,477 | -43.9% |
| Taxes | 450/3 | €7,916 | €4,439 | -€3,477 | -43.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,150 | - | -€1,150 | |
| Other operating charges | 640/8 | €1,921 | €1,405 | -€516 | -26.9% |
| Gross operating margin | 9900 | €7,420 | €17,572 | +€10,152 | +136.8% |
| Operating profit (loss) | 9901 | €4,349 | €16,168 | +€11,819 | +271.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €685 | €1,304 | +€619 | +90.3% |
| Recurring financial charges | 65 | €685 | €1,304 | +€619 | +90.3% |
| Profit (loss) for the period before taxes | 9903 | €3,663 | €14,864 | +€11,200 | +305.7% |
| Income taxes | 67/77 | €1,019 | €3,420 | +€2,402 | +235.8% |
| Profit (loss) for the period | 9904 | €2,645 | €11,443 | +€8,798 | +332.7% |
| Profit (loss) for the period to be appropriated | 9905 | €2,645 | €11,443 | +€8,798 | +332.7% |
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 10 October 2026 via checked.be.