LUCIE: 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.
LUCIE
Largest movements
- Tangible fixed assets -€4,624
down €4,624 (-5.3%), from €86,474 to €81,849
of which Land and buildings: -€4,230
- Cash +€4,502
up €4,502 (+43.8%), from €10,290 to €14,792
mainly Net result for the year (+€19,710) and Depreciation (+€5,365)
- Deferred charges and accrued income -€2,428
down €2,428 (-26.3%), from €9,240 to €6,813
- Receivables within one year +€1,924
up €1,924 (+28.7%), from €6,715 to €8,639
of which Trade receivables: +€1,285
- Reserves +€19,000
up €19,000 (+380.7%), from €4,991 to €23,991
- Debts after one year -€12,325
down €12,325 (-28.6%), from €43,137 to €30,812
- Trade debts -€8,112
down €8,112 (-90.3%), from €8,988 to €876
- Tax, wage and social debts +€2,129
up €2,129 (+10.5%), from €20,345 to €22,474
of which Taxes: +€6,529
- Other debts -€2,029
down €2,029 (-28.4%), from €7,139 to €5,111
- Gross operating margin +€28,189
up €28,189 (+42.9%), from €65,708 to €93,896
- Taxes +€4,954
up €4,954 (+3252.8%), from €152 to €5,107
- Other operating charges +€1,349
up €1,349 (+31.2%), from €4,323 to €5,673
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 | €117,256 | €116,630 | -€626 | -0.5% |
| Fixed assets | 21/28 | €88,010 | €83,386 | -€4,624 | -5.3% |
| Tangible fixed assets | 22/27 | €86,474 | €81,849 | -€4,624 | -5.3% |
| Land and buildings | 22 | €84,444 | €80,213 | -€4,230 | -5.0% |
| Plant, machinery and equipment | 23 | €614 | €1,577 | +€963 | +157.0% |
| Furniture and vehicles | 24 | €1,416 | €59 | -€1,357 | -95.9% |
| Financial fixed assets | 28 | €1,537 | €1,537 | = | 0.0% |
| Current assets | 29/58 | €29,245 | €33,243 | +€3,998 | +13.7% |
| Stocks and contracts in progress | 3 | €3,000 | €3,000 | = | 0.0% |
| Stocks | 30/36 | €3,000 | €3,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €6,715 | €8,639 | +€1,924 | +28.7% |
| Trade receivables | 40 | €2,305 | €3,589 | +€1,285 | +55.7% |
| Other amounts receivable | 41 | €4,410 | €5,050 | +€639 | +14.5% |
| Cash at bank and in hand | 54/58 | €10,290 | €14,792 | +€4,502 | +43.8% |
| Deferred charges and accrued income | 490/1 | €9,240 | €6,813 | -€2,428 | -26.3% |
| Total equity and liabilities | 10/49 | €117,256 | €116,630 | -€626 | -0.5% |
| Equity | 10/15 | €25,322 | €45,032 | +€19,710 | +77.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €4,991 | €23,991 | +€19,000 | +380.7% |
| Distributable reserves | 133 | €4,991 | €23,991 | +€19,000 | +380.7% |
| Profit (loss) carried forward | 14 | €1,731 | €2,441 | +€710 | +41.0% |
| Amounts payable | 17/49 | €91,933 | €71,597 | -€20,336 | -22.1% |
| Amounts payable after more than one year | 17 | €43,137 | €30,812 | -€12,325 | -28.6% |
| Financial debts | 170/4 | €43,137 | €30,812 | -€12,325 | -28.6% |
| Amounts payable within one year | 42/48 | €48,797 | €40,786 | -€8,011 | -16.4% |
| Current portion of amounts payable after more than one year | 42 | €12,325 | €12,325 | = | 0.0% |
| Trade debts | 44 | €8,988 | €876 | -€8,112 | -90.3% |
| Suppliers | 440/4 | €8,988 | €876 | -€8,112 | -90.3% |
| Taxes, remuneration and social security | 45 | €20,345 | €22,474 | +€2,129 | +10.5% |
| Taxes | 450/3 | €985 | €7,514 | +€6,529 | +663.0% |
| Remuneration and social security | 454/9 | €19,360 | €14,961 | -€4,399 | -22.7% |
| Other amounts payable | 47/48 | €7,139 | €5,111 | -€2,029 | -28.4% |
| Remuneration, social security and pensions | 62 | €55,366 | €55,550 | +€185 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,999 | €5,365 | +€366 | +7.3% |
| Other operating charges | 640/8 | €4,323 | €5,673 | +€1,349 | +31.2% |
| Gross operating margin | 9900 | €65,708 | €93,896 | +€28,189 | +42.9% |
| Operating profit (loss) | 9901 | €1,020 | €27,309 | +€26,289 | +2578.2% |
| Financial income | 75/76B | €481 | €669 | +€188 | +39.0% |
| Recurring financial income | 75 | €481 | €669 | +€188 | +39.0% |
| Financial charges | 65/66B | €3,336 | €3,161 | -€176 | -5.3% |
| Recurring financial charges | 65 | €3,336 | €3,161 | -€176 | -5.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,836 | €24,817 | +€26,653 | |
| Income taxes | 67/77 | €152 | €5,107 | +€4,954 | +3252.8% |
| Profit (loss) for the period | 9904 | -€1,988 | €19,710 | +€21,698 | |
| Profit (loss) for the period to be appropriated | 9905 | -€1,988 | €19,710 | +€21,698 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.