LUCIDO: 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.
LUCIDO
Largest movements
- Cash +€40,561
up €40,561 (+13,689%), from €296 to €40,857
mainly Net result for the year (+€96,025) and Depreciation (+€7,436)
- Tangible fixed assets +€31,479
up €31,479 (+105%), from €30,097 to €61,576
of which Other tangible fixed assets: +€32,532
- Receivables within one year +€11,778
up €11,778 (+87.2%), from €13,504 to €25,282
of which Trade receivables: +€11,013
- Intangible fixed assets +€4,000
up €4,000 (+80.0%), from €5,000 to €9,000
- Reserves +€93,500
up €93,500 (+241%), from €38,835 to €132,335
- Tax, wage and social debts -€4,425
down €4,425 (-69.7%), from €6,351 to €1,927
- Other debts -€1,667
down €1,667 (-66.7%), from €2,500 to €833
- Trade debts +€1,488
up €1,488 (+669%), from €223 to €1,711
- Gross operating margin +€83,600
up €83,600 (+173%), from €48,292 to €131,892
- Taxes +€17,099
up €17,099 (+174%), from €9,827 to €26,927
- Depreciation +€7,436
new in 2025: €7,436
- Financial charges +€1,408
new in 2025: €1,408
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 | €50,409 | €139,305 | +€88,896 | +176% |
| Fixed assets | 21/28 | €35,097 | €70,576 | +€35,479 | +101% |
| Intangible fixed assets | 21 | €5,000 | €9,000 | +€4,000 | +80.0% |
| Tangible fixed assets | 22/27 | €30,097 | €61,576 | +€31,479 | +105% |
| Furniture and vehicles | 24 | €3,359 | €2,306 | -€1,053 | -31.3% |
| Other tangible fixed assets | 26 | €26,738 | €59,270 | +€32,532 | +122% |
| Current assets | 29/58 | €15,312 | €68,729 | +€53,418 | +349% |
| Amounts receivable within one year | 40/41 | €13,504 | €25,282 | +€11,778 | +87.2% |
| Trade receivables | 40 | €13,504 | €24,517 | +€11,013 | +81.6% |
| Other amounts receivable | 41 | - | €765 | +€765 | |
| Cash at bank and in hand | 54/58 | €296 | €40,857 | +€40,561 | +13,689% |
| Deferred charges and accrued income | 490/1 | €1,512 | €2,590 | +€1,079 | +71.4% |
| Total equity and liabilities | 10/49 | €50,409 | €139,305 | +€88,896 | +176% |
| Equity | 10/15 | €41,335 | €134,835 | +€93,500 | +226% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €38,835 | €132,335 | +€93,500 | +241% |
| Distributable reserves | 133 | €38,835 | €132,335 | +€93,500 | +241% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €9,074 | €4,470 | -€4,604 | -50.7% |
| Amounts payable within one year | 42/48 | €9,074 | €4,470 | -€4,604 | -50.7% |
| Trade debts | 44 | €223 | €1,711 | +€1,488 | +669% |
| Suppliers | 440/4 | €223 | €1,711 | +€1,488 | +669% |
| Taxes, remuneration and social security | 45 | €6,351 | €1,927 | -€4,425 | -69.7% |
| Taxes | 450/3 | €6,351 | €1,927 | -€4,425 | -69.7% |
| Other amounts payable | 47/48 | €2,500 | €833 | -€1,667 | -66.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €7,436 | +€7,436 | |
| Other operating charges | 640/8 | - | €96 | +€96 | |
| Gross operating margin | 9900 | €48,292 | €131,892 | +€83,600 | +173% |
| Operating profit (loss) | 9901 | €48,292 | €124,360 | +€76,068 | +158% |
| Financial income | 75/76B | €370 | €0 | -€370 | -100.0% |
| Recurring financial income | 75 | €370 | €0 | -€370 | -100.0% |
| Financial charges | 65/66B | - | €1,408 | +€1,408 | |
| Recurring financial charges | 65 | - | €1,408 | +€1,408 | |
| Profit (loss) for the period before taxes | 9903 | €48,662 | €122,952 | +€74,290 | +153% |
| Income taxes | 67/77 | €9,827 | €26,927 | +€17,099 | +174% |
| Profit (loss) for the period | 9904 | €38,835 | €96,025 | +€57,190 | +147% |
| Profit (loss) for the period to be appropriated | 9905 | €38,835 | €96,025 | +€57,190 | +147% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.