Lucius Engineering: 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.
Lucius Engineering
Largest movements
- Financial fixed assets +€130,000
up €130,000 (+34,667%), from €375 to €130,375
- Intangible fixed assets -€76,228
down €76,228 (-93.5%), from €81,517 to €5,289
- Cash +€19,106
up €19,106 (+14.0%), from €136,248 to €155,354
mainly Net result for the year (+€86,089) and Tax, wage and social debts (+€14,615)
- Tangible fixed assets -€10,199
down €10,199 (-22.6%), from €45,181 to €34,982
of which Furniture and vehicles: -€11,159
- Receivables within one year -€6,553
down €6,553 (-34.2%), from €19,172 to €12,619
of which Other amounts receivable: -€6,787
- Reserves +€86,000
up €86,000 (+59.4%), from €144,660 to €230,660
- Other debts -€19,662
down €19,662 (-98.8%), from €19,906 to €243
- Investment grants -€14,774
no longer reported in 2025 (was €14,774)
- Tax, wage and social debts +€14,615
up €14,615 (+154%), from €9,502 to €24,117
- Debts after one year -€9,736
down €9,736 (-31.8%), from €30,573 to €20,837
- Financial income +€74,719
new in 2025: €74,719
- Gross operating margin -€28,757
down €28,757 (-35.9%), from €80,198 to €51,441
- Depreciation -€23,719
down €23,719 (-63.7%), from €37,217 to €13,498
- Taxes +€14,732
up €14,732 (+145%), from €10,159 to €24,891
- Write-downs -€1,006
down €1,006, from €503 to -€503
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.
Derived cash bridge
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 | €290,314 | €344,876 | +€54,562 | +18.8% |
| Fixed assets | 21/28 | €127,073 | €170,646 | +€43,573 | +34.3% |
| Intangible fixed assets | 21 | €81,517 | €5,289 | -€76,228 | -93.5% |
| Tangible fixed assets | 22/27 | €45,181 | €34,982 | -€10,199 | -22.6% |
| Plant, machinery and equipment | 23 | - | €960 | +€960 | |
| Furniture and vehicles | 24 | €45,181 | €34,022 | -€11,159 | -24.7% |
| Financial fixed assets | 28 | €375 | €130,375 | +€130,000 | +34,667% |
| Current assets | 29/58 | €163,240 | €174,229 | +€10,989 | +6.7% |
| Amounts receivable within one year | 40/41 | €19,172 | €12,619 | -€6,553 | -34.2% |
| Trade receivables | 40 | €10,738 | €10,972 | +€234 | +2.2% |
| Other amounts receivable | 41 | €8,434 | €1,647 | -€6,787 | -80.5% |
| Cash at bank and in hand | 54/58 | €136,248 | €155,354 | +€19,106 | +14.0% |
| Deferred charges and accrued income | 490/1 | €7,821 | €6,256 | -€1,564 | -20.0% |
| Total equity and liabilities | 10/49 | €290,314 | €344,876 | +€54,562 | +18.8% |
| Equity | 10/15 | €212,856 | €284,171 | +€71,315 | +33.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €144,660 | €230,660 | +€86,000 | +59.4% |
| Distributable reserves | 133 | €144,660 | €230,660 | +€86,000 | +59.4% |
| Profit (loss) carried forward | 14 | €47,221 | €47,311 | +€89 | +0.2% |
| Investment grants | 15 | €14,774 | - | -€14,774 | |
| Amounts payable | 17/49 | €77,458 | €60,705 | -€16,753 | -21.6% |
| Amounts payable after more than one year | 17 | €30,573 | €20,837 | -€9,736 | -31.8% |
| Financial debts | 170/4 | €30,573 | €20,837 | -€9,736 | -31.8% |
| Amounts payable within one year | 42/48 | €44,804 | €37,842 | -€6,962 | -15.5% |
| Current portion of amounts payable after more than one year | 42 | €9,307 | €9,736 | +€429 | +4.6% |
| Trade debts | 44 | €6,089 | €3,747 | -€2,343 | -38.5% |
| Suppliers | 440/4 | €6,089 | €3,747 | -€2,343 | -38.5% |
| Taxes, remuneration and social security | 45 | €9,502 | €24,117 | +€14,615 | +154% |
| Taxes | 450/3 | €9,502 | €24,117 | +€14,615 | +154% |
| Other amounts payable | 47/48 | €19,906 | €243 | -€19,662 | -98.8% |
| Accrued charges and deferred income | 492/3 | €2,082 | €2,026 | -€56 | -2.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,217 | €13,498 | -€23,719 | -63.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €503 | -€503 | -€1,006 | |
| Other operating charges | 640/8 | €547 | €509 | -€37 | -6.8% |
| Gross operating margin | 9900 | €80,198 | €51,441 | -€28,757 | -35.9% |
| Operating profit (loss) | 9901 | €41,932 | €37,937 | -€3,994 | -9.5% |
| Financial income | 75/76B | - | €74,719 | +€74,719 | |
| Recurring financial income | 75 | - | €74,719 | +€74,719 | |
| Financial charges | 65/66B | €2,085 | €1,675 | -€410 | -19.7% |
| Recurring financial charges | 65 | €2,085 | €1,675 | -€410 | -19.7% |
| Profit (loss) for the period before taxes | 9903 | €39,847 | €110,981 | +€71,134 | +179% |
| Income taxes | 67/77 | €10,159 | €24,891 | +€14,732 | +145% |
| Profit (loss) for the period | 9904 | €29,688 | €86,089 | +€56,402 | +190% |
| Profit (loss) for the period to be appropriated | 9905 | €29,688 | €86,089 | +€56,402 | +190% |
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 26 October 2026 via checked.be.