LUCIELA: 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.
LUCIELA
Largest movements
- Stocks and contracts -€21,234
down €21,234 (-60.9%), from €34,842 to €13,607
- Cash -€3,612
down €3,612 (-55.1%), from €6,553 to €2,941
mainly Other debts (-€100,670) and Net result for the year (-€20,702)
- Receivables within one year -€2,101
down €2,101 (-71.8%), from €2,925 to €825
of which Trade receivables: -€2,194
- Other debts -€100,670
no longer reported in 2025 (was €100,670)
- Debts after one year +€89,486
up €89,486 (+320.4%), from €27,928 to €117,414
- Profit (loss) carried forward -€20,702
down €20,702 (-25.0%), from -€82,743 to -€103,445
- Trade debts +€5,122
up €5,122 (+133.6%), from €3,833 to €8,955
- Tax, wage and social debts -€535
no longer reported in 2025 (was €535)
- Gross operating margin +€19,227
up €19,227 (+51.1%), from -€37,600 to -€18,373
- Financial charges -€936
down €936 (-28.7%), from €3,259 to €2,323
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 | €50,722 | €23,424 | -€27,299 | -53.8% |
| Fixed assets | 21/28 | €6,402 | €6,050 | -€352 | -5.5% |
| Intangible fixed assets | 21 | €1,271 | €1,271 | = | 0.0% |
| Tangible fixed assets | 22/27 | €5,132 | €4,780 | -€352 | -6.9% |
| Furniture and vehicles | 24 | €1,502 | €1,150 | -€352 | -23.4% |
| Assets under construction and advance payments | 27 | €3,630 | €3,630 | = | 0.0% |
| Current assets | 29/58 | €44,320 | €17,373 | -€26,947 | -60.8% |
| Stocks and contracts in progress | 3 | €34,842 | €13,607 | -€21,234 | -60.9% |
| Stocks | 30/36 | €34,842 | €13,607 | -€21,234 | -60.9% |
| Amounts receivable within one year | 40/41 | €2,925 | €825 | -€2,101 | -71.8% |
| Trade receivables | 40 | €2,925 | €731 | -€2,194 | -75.0% |
| Other amounts receivable | 41 | - | €94 | +€94 | |
| Cash at bank and in hand | 54/58 | €6,553 | €2,941 | -€3,612 | -55.1% |
| Total equity and liabilities | 10/49 | €50,722 | €23,424 | -€27,299 | -53.8% |
| Equity | 10/15 | -€82,243 | -€102,945 | -€20,702 | -25.2% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€82,743 | -€103,445 | -€20,702 | -25.0% |
| Amounts payable | 17/49 | €132,966 | €126,368 | -€6,597 | -5.0% |
| Amounts payable after more than one year | 17 | €27,928 | €117,414 | +€89,486 | +320.4% |
| Other amounts payable | 178/9 | €27,928 | €117,414 | +€89,486 | +320.4% |
| Amounts payable within one year | 42/48 | €105,038 | €8,955 | -€96,083 | -91.5% |
| Trade debts | 44 | €3,833 | €8,955 | +€5,122 | +133.6% |
| Suppliers | 440/4 | €3,833 | €8,955 | +€5,122 | +133.6% |
| Taxes, remuneration and social security | 45 | €535 | - | -€535 | |
| Taxes | 450/3 | €535 | - | -€535 | |
| Other amounts payable | 47/48 | €100,670 | - | -€100,670 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €257 | €352 | +€94 | +36.7% |
| Other operating charges | 640/8 | €64 | €211 | +€147 | +230.3% |
| Gross operating margin | 9900 | -€37,600 | -€18,373 | +€19,227 | +51.1% |
| Operating profit (loss) | 9901 | -€37,921 | -€18,935 | +€18,986 | +50.1% |
| Financial income | 75/76B | €213 | €556 | +€343 | +161.0% |
| Recurring financial income | 75 | €213 | €556 | +€343 | +161.0% |
| Financial charges | 65/66B | €3,259 | €2,323 | -€936 | -28.7% |
| Recurring financial charges | 65 | €3,259 | €2,323 | -€936 | -28.7% |
| Profit (loss) for the period before taxes | 9903 | -€40,966 | -€20,702 | +€20,265 | +49.5% |
| Profit (loss) for the period | 9904 | -€40,966 | -€20,702 | +€20,265 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,966 | -€20,702 | +€20,265 | +49.5% |
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 9 October 2026 via checked.be.