Lucius Management Services: 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 Management Services
Largest movements
- Current investments +€72,501
new in 2025: €72,501
- Cash -€71,912
down €71,912 (-55.9%), from €128,584 to €56,672
mainly Contributions, distributions and other (-€254,708) and Current investments (-€72,501)
- Other debts +€165,992
up €165,992 (+225%), from €73,785 to €239,777
- Debts after one year -€66,832
down €66,832 (-24.9%), from €267,893 to €201,061
- Reserves -€53,937
down €53,937 (-17.6%), from €305,807 to €251,870
- Tax, wage and social debts -€36,747
down €36,747 (-65.8%), from €55,827 to €19,080
- Trade debts -€15,161
down €15,161 (-96.7%), from €15,686 to €525
- Gross operating margin +€76,776
up €76,776 (+33.0%), from €232,986 to €309,762
- Taxes +€17,368
up €17,368 (+28.3%), from €61,289 to €78,657
- Financial income +€8,161
new in 2025: €8,161
of which Non-recurring financial income: +€6,640
- Depreciation +€3,156
up €3,156 (+15.6%), from €20,211 to €23,367
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.
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 | €786,269 | €788,845 | +€2,576 | +0.3% |
| Fixed assets | 21/28 | €643,765 | €639,203 | -€4,562 | -0.7% |
| Tangible fixed assets | 22/27 | €643,765 | €639,203 | -€4,562 | -0.7% |
| Land and buildings | 22 | €603,927 | €604,066 | +€139 | 0.0% |
| Furniture and vehicles | 24 | €39,838 | €35,137 | -€4,701 | -11.8% |
| Current assets | 29/58 | €142,504 | €149,642 | +€7,138 | +5.0% |
| Amounts receivable within one year | 40/41 | €9,134 | €16,875 | +€7,741 | +84.7% |
| Other amounts receivable | 41 | €9,134 | €16,875 | +€7,741 | +84.7% |
| Current investments | 50/53 | - | €72,501 | +€72,501 | |
| Cash at bank and in hand | 54/58 | €128,584 | €56,672 | -€71,912 | -55.9% |
| Deferred charges and accrued income | 490/1 | €4,786 | €3,594 | -€1,192 | -24.9% |
| Total equity and liabilities | 10/49 | €786,269 | €788,845 | +€2,576 | +0.3% |
| Equity | 10/15 | €308,307 | €254,370 | -€53,937 | -17.5% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €305,807 | €251,870 | -€53,937 | -17.6% |
| Distributable reserves | 133 | €305,807 | €251,870 | -€53,937 | -17.6% |
| Amounts payable | 17/49 | €477,962 | €534,475 | +€56,513 | +11.8% |
| Amounts payable after more than one year | 17 | €267,893 | €201,061 | -€66,832 | -24.9% |
| Financial debts | 170/4 | €267,893 | €201,061 | -€66,832 | -24.9% |
| Amounts payable within one year | 42/48 | €210,069 | €331,690 | +€121,621 | +57.9% |
| Current portion of amounts payable after more than one year | 42 | €64,771 | €72,308 | +€7,537 | +11.6% |
| Trade debts | 44 | €15,686 | €525 | -€15,161 | -96.7% |
| Suppliers | 440/4 | €15,686 | €525 | -€15,161 | -96.7% |
| Taxes, remuneration and social security | 45 | €55,827 | €19,080 | -€36,747 | -65.8% |
| Taxes | 450/3 | €55,827 | €19,080 | -€36,747 | -65.8% |
| Other amounts payable | 47/48 | €73,785 | €239,777 | +€165,992 | +225% |
| Accrued charges and deferred income | 492/3 | - | €1,724 | +€1,724 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,211 | €23,367 | +€3,156 | +15.6% |
| Other operating charges | 640/8 | €823 | €1,088 | +€265 | +32.2% |
| Non-recurring operating charges | 66A | - | €508 | +€508 | |
| Gross operating margin | 9900 | €232,986 | €309,762 | +€76,776 | +33.0% |
| Operating profit (loss) | 9901 | €211,952 | €284,799 | +€72,847 | +34.4% |
| Financial income | 75/76B | - | €8,161 | +€8,161 | |
| Recurring financial income | 75 | - | €1,521 | +€1,521 | |
| Non-recurring financial income | 76B | - | €6,640 | +€6,640 | |
| Financial charges | 65/66B | €11,437 | €13,532 | +€2,095 | +18.3% |
| Recurring financial charges | 65 | €11,437 | €13,532 | +€2,095 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €200,515 | €279,428 | +€78,913 | +39.4% |
| Income taxes | 67/77 | €61,289 | €78,657 | +€17,368 | +28.3% |
| Profit (loss) for the period | 9904 | €139,226 | €200,771 | +€61,545 | +44.2% |
| Profit (loss) for the period to be appropriated | 9905 | €139,226 | €200,771 | +€61,545 | +44.2% |
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 17 October 2026 via checked.be.