Lucienne: 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.
Lucienne
Largest movements
- Cash -€24,121
down €24,121 (-75.1%), from €32,097 to €7,976
mainly Net result for the year (-€43,840) and Investment in fixed assets (net) (-€17,720)
- Tangible fixed assets -€18,290
down €18,290 (-2.4%), from €748,373 to €730,083
- Profit (loss) carried forward -€43,840
down €43,840 (-30.9%), from -€141,771 to -€185,610
- Depreciation -€1,817
down €1,817 (-4.8%), from €37,826 to €36,009
- Gross operating margin +€1,113
up €1,113 (+74.2%), from -€1,501 to -€388
- Other operating charges +€650
up €650 (+9.7%), from €6,717 to €7,367
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 | €780,470 | €738,059 | -€42,410 | -5.4% |
| Fixed assets | 21/28 | €748,373 | €730,083 | -€18,290 | -2.4% |
| Tangible fixed assets | 22/27 | €748,373 | €730,083 | -€18,290 | -2.4% |
| Land and buildings | 22 | €748,373 | €730,083 | -€18,290 | -2.4% |
| Current assets | 29/58 | €32,097 | €7,976 | -€24,121 | -75.1% |
| Cash at bank and in hand | 54/58 | €32,097 | €7,976 | -€24,121 | -75.1% |
| Total equity and liabilities | 10/49 | €780,470 | €738,059 | -€42,410 | -5.4% |
| Equity | 10/15 | €358,229 | €314,390 | -€43,840 | -12.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€141,771 | -€185,610 | -€43,840 | -30.9% |
| Amounts payable | 17/49 | €422,241 | €423,670 | +€1,429 | +0.3% |
| Amounts payable after more than one year | 17 | €421,514 | €421,404 | -€110 | 0.0% |
| Other amounts payable | 178/9 | €421,514 | €421,404 | -€110 | 0.0% |
| Amounts payable within one year | 42/48 | €727 | €2,138 | +€1,411 | +194.2% |
| Trade debts | 44 | €727 | €2,138 | +€1,411 | +194.2% |
| Suppliers | 440/4 | €727 | €2,138 | +€1,411 | +194.2% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,826 | €36,009 | -€1,817 | -4.8% |
| Other operating charges | 640/8 | €6,717 | €7,367 | +€650 | +9.7% |
| Gross operating margin | 9900 | -€1,501 | -€388 | +€1,113 | +74.2% |
| Operating profit (loss) | 9901 | -€46,044 | -€43,765 | +€2,280 | +5.0% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€46,118 | -€43,840 | +€2,278 | +4.9% |
| Profit (loss) for the period | 9904 | -€46,118 | -€43,840 | +€2,278 | +4.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€46,118 | -€43,840 | +€2,278 | +4.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.