LUCILLE: 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.
LUCILLE
Largest movements
- Cash +€13,908
up €13,908 (+270.2%), from €5,147 to €19,056
mainly Advances received (+€22,471) and Stocks and contracts (+€7,510)
- Receivables within one year +€13,120
up €13,120 (+170.4%), from €7,698 to €20,818
of which Trade receivables: +€13,120
- Stocks and contracts -€7,510
down €7,510 (-11.4%), from €65,824 to €58,314
- Tangible fixed assets -€2,808
down €2,808 (-12.2%), from €22,951 to €20,143
of which Other tangible fixed assets: -€2,212
- Advances received +€22,471
new in 2025: €22,471
- Debts after one year -€17,664
down €17,664 (-45.4%), from €38,942 to €21,278
- Other debts +€3,248
up €3,248 (+13.0%), from €24,930 to €28,178
- Profit (loss) carried forward +€1,876
up €1,876 (+14.0%), from -€13,351 to -€11,475
- Accrued charges and deferred income +€1,868
up €1,868 (+95.5%), from €1,956 to €3,824
- Gross operating margin -€16,995
down €16,995 (-72.3%), from €23,521 to €6,526
- Write-downs -€12,242
down €12,242, from €8,409 to -€3,833
- Other operating charges +€567
up €567 (+403.6%), from €141 to €708
- Financial income -€337
down €337 (-95.6%), from €352 to €16
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 | €108,688 | €124,528 | +€15,840 | +14.6% |
| Fixed assets | 21/28 | €26,951 | €24,143 | -€2,808 | -10.4% |
| Tangible fixed assets | 22/27 | €22,951 | €20,143 | -€2,808 | -12.2% |
| Land and buildings | 22 | €1,832 | €1,603 | -€229 | -12.5% |
| Plant, machinery and equipment | 23 | €2,948 | €2,581 | -€367 | -12.4% |
| Other tangible fixed assets | 26 | €18,171 | €15,958 | -€2,212 | -12.2% |
| Financial fixed assets | 28 | €4,000 | €4,000 | = | 0.0% |
| Current assets | 29/58 | €81,737 | €100,385 | +€18,649 | +22.8% |
| Stocks and contracts in progress | 3 | €65,824 | €58,314 | -€7,510 | -11.4% |
| Stocks | 30/36 | €65,824 | €58,314 | -€7,510 | -11.4% |
| Amounts receivable within one year | 40/41 | €7,698 | €20,818 | +€13,120 | +170.4% |
| Trade receivables | 40 | €7,689 | €20,809 | +€13,120 | +170.6% |
| Other amounts receivable | 41 | €9 | €9 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €5,147 | €19,056 | +€13,908 | +270.2% |
| Deferred charges and accrued income | 490/1 | €3,068 | €2,197 | -€870 | -28.4% |
| Total equity and liabilities | 10/49 | €108,688 | €124,528 | +€15,840 | +14.6% |
| Equity | 10/15 | €16,649 | €18,525 | +€1,876 | +11.3% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,351 | -€11,475 | +€1,876 | +14.0% |
| Amounts payable | 17/49 | €92,039 | €106,004 | +€13,965 | +15.2% |
| Amounts payable after more than one year | 17 | €38,942 | €21,278 | -€17,664 | -45.4% |
| Financial debts | 170/4 | €38,942 | €21,278 | -€17,664 | -45.4% |
| Amounts payable within one year | 42/48 | €51,141 | €80,902 | +€29,761 | +58.2% |
| Current portion of amounts payable after more than one year | 42 | €17,149 | €17,664 | +€514 | +3.0% |
| Trade debts | 44 | €1,205 | €3,013 | +€1,809 | +150.2% |
| Suppliers | 440/4 | €1,205 | €3,013 | +€1,809 | +150.2% |
| Advances received on contracts in progress | 46 | - | €22,471 | +€22,471 | |
| Taxes, remuneration and social security | 45 | €7,857 | €9,575 | +€1,718 | +21.9% |
| Taxes | 450/3 | €7,857 | €7,310 | -€547 | -7.0% |
| Remuneration and social security | 454/9 | - | €2,265 | +€2,265 | |
| Other amounts payable | 47/48 | €24,930 | €28,178 | +€3,248 | +13.0% |
| Accrued charges and deferred income | 492/3 | €1,956 | €3,824 | +€1,868 | +95.5% |
| Remuneration, social security and pensions | 62 | €88 | - | -€88 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,764 | €2,808 | +€45 | +1.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,409 | -€3,833 | -€12,242 | |
| Other operating charges | 640/8 | €141 | €708 | +€567 | +403.6% |
| Gross operating margin | 9900 | €23,521 | €6,526 | -€16,995 | -72.3% |
| Operating profit (loss) | 9901 | €12,119 | €6,842 | -€5,276 | -43.5% |
| Financial income | 75/76B | €352 | €16 | -€337 | -95.6% |
| Recurring financial income | 75 | €352 | €16 | -€337 | -95.6% |
| Financial charges | 65/66B | €5,120 | €4,983 | -€138 | -2.7% |
| Recurring financial charges | 65 | €5,120 | €4,983 | -€138 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | €7,351 | €1,876 | -€5,475 | -74.5% |
| Profit (loss) for the period | 9904 | €7,351 | €1,876 | -€5,475 | -74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,351 | €1,876 | -€5,475 | -74.5% |
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 6 October 2026 via checked.be.