LUCIANO: 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.
LUCIANO
Largest movements
- Tangible fixed assets -€14,204
down €14,204 (-3.8%), from €376,995 to €362,791
of which Land and buildings: -€15,518
- Cash +€13,727
up €13,727 (+64.9%), from €21,149 to €34,876
mainly Depreciation (+€34,681) and Current portion of long-term debt (+€4,320)
- Debts after one year -€7,677
down €7,677 (-4.2%), from €183,248 to €175,571
of which Financial debts: -€6,647
- Current portion of long-term debt +€4,320
up €4,320 (+30.2%), from €14,303 to €18,623
- Gross operating margin +€2,141
up €2,141 (+4.3%), from €49,386 to €51,527
- Other operating charges +€2,092
up €2,092 (+47.0%), from €4,450 to €6,542
- Taxes +€826
up €826 (+78.9%), from €1,047 to €1,873
- Depreciation -€624
down €624 (-1.8%), from €35,305 to €34,681
- Financial charges -€547
down €547 (-12.7%), from €4,297 to €3,750
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.
Derived cash bridge
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 | €409,742 | €404,263 | -€5,480 | -1.3% |
| Fixed assets | 21/28 | €377,397 | €363,193 | -€14,204 | -3.8% |
| Tangible fixed assets | 22/27 | €376,995 | €362,791 | -€14,204 | -3.8% |
| Land and buildings | 22 | €347,160 | €331,642 | -€15,518 | -4.5% |
| Plant, machinery and equipment | 23 | €25,741 | €16,165 | -€9,577 | -37.2% |
| Furniture and vehicles | 24 | €4,093 | €14,984 | +€10,891 | +266% |
| Financial fixed assets | 28 | €403 | €403 | = | 0.0% |
| Current assets | 29/58 | €32,345 | €41,069 | +€8,724 | +27.0% |
| Stocks and contracts in progress | 3 | €5,498 | €3,653 | -€1,844 | -33.5% |
| Stocks | 30/36 | €5,498 | €3,653 | -€1,844 | -33.5% |
| Amounts receivable within one year | 40/41 | €5,311 | €2,139 | -€3,172 | -59.7% |
| Trade receivables | 40 | €2,690 | €657 | -€2,032 | -75.6% |
| Other amounts receivable | 41 | €2,621 | €1,482 | -€1,140 | -43.5% |
| Cash at bank and in hand | 54/58 | €21,149 | €34,876 | +€13,727 | +64.9% |
| Deferred charges and accrued income | 490/1 | €388 | €400 | +€13 | +3.3% |
| Total equity and liabilities | 10/49 | €409,742 | €404,263 | -€5,480 | -1.3% |
| Equity | 10/15 | €203,983 | €204,661 | +€678 | +0.3% |
| Contributions | 10/11 | €76,847 | €76,847 | = | 0.0% |
| Capital | 10 | €76,847 | €76,847 | = | 0.0% |
| Issued capital | 100 | €76,847 | €76,847 | = | 0.0% |
| Reserves | 13 | €7,685 | €7,685 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,685 | €7,685 | = | 0.0% |
| Legal reserve | 130 | €7,685 | €7,685 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,451 | €120,130 | +€678 | +0.6% |
| Amounts payable | 17/49 | €205,759 | €199,601 | -€6,158 | -3.0% |
| Amounts payable after more than one year | 17 | €183,248 | €175,571 | -€7,677 | -4.2% |
| Financial debts | 170/4 | €83,113 | €76,466 | -€6,647 | -8.0% |
| Other amounts payable | 178/9 | €100,135 | €99,105 | -€1,030 | -1.0% |
| Amounts payable within one year | 42/48 | €21,498 | €24,030 | +€2,533 | +11.8% |
| Current portion of amounts payable after more than one year | 42 | €14,303 | €18,623 | +€4,320 | +30.2% |
| Trade debts | 44 | €2,879 | €2,182 | -€698 | -24.2% |
| Suppliers | 440/4 | €2,879 | €2,182 | -€698 | -24.2% |
| Taxes, remuneration and social security | 45 | €4,316 | €3,226 | -€1,090 | -25.2% |
| Taxes | 450/3 | €1,747 | €2,573 | +€826 | +47.3% |
| Remuneration and social security | 454/9 | €2,569 | €653 | -€1,916 | -74.6% |
| Accrued charges and deferred income | 492/3 | €1,014 | - | -€1,014 | |
| Non-recurring operating income | 76A | €2,967 | €761 | -€2,207 | -74.4% |
| Remuneration, social security and pensions | 62 | €4,007 | €3,925 | -€82 | -2.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,305 | €34,681 | -€624 | -1.8% |
| Other operating charges | 640/8 | €4,450 | €6,542 | +€2,092 | +47.0% |
| Non-recurring operating charges | 66A | - | €84 | +€84 | |
| Gross operating margin | 9900 | €49,386 | €51,527 | +€2,141 | +4.3% |
| Operating profit (loss) | 9901 | €5,624 | €6,295 | +€671 | +11.9% |
| Financial income | 75/76B | - | €7 | +€7 | |
| Recurring financial income | 75 | - | €7 | +€7 | |
| Financial charges | 65/66B | €4,297 | €3,750 | -€547 | -12.7% |
| Recurring financial charges | 65 | €4,297 | €3,750 | -€547 | -12.7% |
| Profit (loss) for the period before taxes | 9903 | €1,327 | €2,551 | +€1,224 | +92.3% |
| Income taxes | 67/77 | €1,047 | €1,873 | +€826 | +78.9% |
| Profit (loss) for the period | 9904 | €280 | €678 | +€398 | +142% |
| Profit (loss) for the period to be appropriated | 9905 | €280 | €678 | +€398 | +142% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.