LUCIMED: 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.
LUCIMED
Largest movements
- Current investments +€956,560
up €956,560 (+877.8%), from €108,977 to €1.1m
- Receivables within one year +€824,441
up €824,441 (+103.4%), from €797,327 to €1.6m
of which Trade receivables: +€781,739
- Deferred charges and accrued income +€547,587
up €547,587 (+2354.7%), from €23,256 to €570,843
- Cash -€416,624
down €416,624 (-44.0%), from €947,824 to €531,201
mainly Current investments (-€956,560) and Receivables within one year (-€824,441)
- Stocks and contracts -€370,735
down €370,735 (-33.3%), from €1.1m to €743,016
- Profit (loss) carried forward +€932,856
up €932,856 (+62.6%), from €1.5m to €2.4m
- Trade debts +€548,683
up €548,683 (+50.4%), from €1.1m to €1.6m
- Tax, wage and social debts +€277,222
up €277,222 (+275.9%), from €100,497 to €377,719
of which Taxes: +€261,821
- Turnover -€3.8m
no longer reported in 2025 (was €3.8m)
- Gross operating margin +€1.0m
up €1.0m (+227.6%), from €456,622 to €1.5m
- Taxes +€283,548
up €283,548 (+367.1%), from €77,248 to €360,796
- Purchases and services +€85,978
up €85,978 (+2.4%), from €3.7m to €3.7m
- Financial charges +€40,939
up €40,939 (+101.4%), from €40,374 to €81,313
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 | €3,084,205 | €4,808,878 | +€1.7m | +55.9% |
| Fixed assets | 21/28 | €93,070 | €276,512 | +€183,442 | +197.1% |
| Intangible fixed assets | 21 | €38,686 | €146,041 | +€107,355 | +277.5% |
| Tangible fixed assets | 22/27 | €50,785 | €126,872 | +€76,087 | +149.8% |
| Plant, machinery and equipment | 23 | €41,546 | €123,558 | +€82,012 | +197.4% |
| Furniture and vehicles | 24 | €9,238 | €3,313 | -€5,925 | -64.1% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €2,991,135 | €4,532,365 | +€1.5m | +51.5% |
| Stocks and contracts in progress | 3 | €1,113,751 | €743,016 | -€370,735 | -33.3% |
| Stocks | 30/36 | €1,113,751 | €743,016 | -€370,735 | -33.3% |
| Amounts receivable within one year | 40/41 | €797,327 | €1,621,769 | +€824,441 | +103.4% |
| Trade receivables | 40 | €455,104 | €1,236,843 | +€781,739 | +171.8% |
| Other amounts receivable | 41 | €342,223 | €384,926 | +€42,702 | +12.5% |
| Current investments | 50/53 | €108,977 | €1,065,537 | +€956,560 | +877.8% |
| Cash at bank and in hand | 54/58 | €947,824 | €531,201 | -€416,624 | -44.0% |
| Deferred charges and accrued income | 490/1 | €23,256 | €570,843 | +€547,587 | +2354.7% |
| Total equity and liabilities | 10/49 | €3,084,205 | €4,808,878 | +€1.7m | +55.9% |
| Equity | 10/15 | €1,698,301 | €2,631,157 | +€932,856 | +54.9% |
| Contributions | 10/11 | €190,000 | €190,000 | = | 0.0% |
| Capital | 10 | €190,000 | €190,000 | = | 0.0% |
| Issued capital | 100 | €190,000 | €190,000 | = | 0.0% |
| Reserves | 13 | €19,000 | €19,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,000 | €19,000 | = | 0.0% |
| Legal reserve | 130 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,489,301 | €2,422,157 | +€932,856 | +62.6% |
| Amounts payable | 17/49 | €1,385,904 | €2,177,721 | +€791,816 | +57.1% |
| Amounts payable within one year | 42/48 | €1,210,071 | €2,014,477 | +€804,406 | +66.5% |
| Trade debts | 44 | €1,088,075 | €1,636,758 | +€548,683 | +50.4% |
| Suppliers | 440/4 | €1,088,075 | €1,636,758 | +€548,683 | +50.4% |
| Advances received on contracts in progress | 46 | €21,499 | - | -€21,499 | |
| Taxes, remuneration and social security | 45 | €100,497 | €377,719 | +€277,222 | +275.9% |
| Taxes | 450/3 | €99,953 | €361,774 | +€261,821 | +261.9% |
| Remuneration and social security | 454/9 | €544 | €15,945 | +€15,401 | +2832.1% |
| Accrued charges and deferred income | 492/3 | €175,834 | €163,244 | -€12,590 | -7.2% |
| Turnover | 70 | €3,776,925 | - | -€3.8m | |
| Goods, raw materials, services and sundry goods | 60/61 | €3,656,261 | €3,742,239 | +€85,978 | +2.4% |
| Remuneration, social security and pensions | 62 | €108,056 | €76,538 | -€31,518 | -29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,599 | €35,525 | +€4,926 | +16.1% |
| Other operating charges | 640/8 | €2,387 | €15,567 | +€13,180 | +552.1% |
| Non-recurring operating charges | 66A | €14,963 | - | -€14,963 | |
| Gross operating margin | 9900 | €456,622 | €1,495,723 | +€1.0m | +227.6% |
| Operating profit (loss) | 9901 | €300,616 | €1,368,094 | +€1.1m | +355.1% |
| Financial income | 75/76B | €10,260 | €6,872 | -€3,389 | -33.0% |
| Recurring financial income | 75 | €10,260 | €6,872 | -€3,389 | -33.0% |
| Financial charges | 65/66B | €40,374 | €81,313 | +€40,939 | +101.4% |
| Recurring financial charges | 65 | €40,374 | €81,313 | +€40,939 | +101.4% |
| Profit (loss) for the period before taxes | 9903 | €270,503 | €1,293,652 | +€1.0m | +378.2% |
| Income taxes | 67/77 | €77,248 | €360,796 | +€283,548 | +367.1% |
| Profit (loss) for the period | 9904 | €193,255 | €932,856 | +€739,602 | +382.7% |
| Profit (loss) for the period to be appropriated | 9905 | €193,255 | €932,856 | +€739,602 | +382.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.