LUCIVA: 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.
LUCIVA
Largest movements
- Cash +€18,133
up €18,133 (+47.8%), from €37,932 to €56,065
mainly Depreciation (+€20,410) and Other debts (+€16,115)
- Tangible fixed assets -€6,741
down €6,741 (-7.5%), from €90,272 to €83,531
of which Leasing and similar rights: -€17,931
- Receivables within one year -€2,184
down €2,184 (-12.3%), from €17,770 to €15,586
of which Trade receivables: -€1,275
- Other debts +€16,115
up €16,115 (+381%), from €4,228 to €20,343
- Debts after one year -€12,249
down €12,249 (-25.0%), from €48,931 to €36,682
- Trade debts +€4,093
up €4,093 (+547%), from €748 to €4,841
- Tax, wage and social debts +€2,801
up €2,801 (+55.0%), from €5,092 to €7,893
- Reserves -€2,200
down €2,200 (-3.6%), from €61,260 to €59,060
- Depreciation +€17,081
up €17,081 (+513%), from €3,329 to €20,410
- Gross operating margin +€12,501
up €12,501 (+40.8%), from €30,664 to €43,166
- Taxes -€1,994
down €1,994 (-29.8%), from €6,691 to €4,697
- Other operating charges -€1,991
down €1,991 (-44.3%), from €4,489 to €2,498
- Financial charges +€1,367
up €1,367 (+243%), from €563 to €1,930
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 | €151,288 | €160,290 | +€9,002 | +6.0% |
| Fixed assets | 21/28 | €90,272 | €83,531 | -€6,741 | -7.5% |
| Tangible fixed assets | 22/27 | €90,272 | €83,531 | -€6,741 | -7.5% |
| Plant, machinery and equipment | 23 | €1,977 | €10,331 | +€8,353 | +422% |
| Leasing and similar rights | 25 | €87,205 | €69,274 | -€17,931 | -20.6% |
| Other tangible fixed assets | 26 | €1,090 | €3,926 | +€2,837 | +260% |
| Current assets | 29/58 | €61,016 | €76,759 | +€15,743 | +25.8% |
| Stocks and contracts in progress | 3 | €628 | €2,006 | +€1,379 | +220% |
| Stocks | 30/36 | €628 | €2,006 | +€1,379 | +220% |
| Amounts receivable within one year | 40/41 | €17,770 | €15,586 | -€2,184 | -12.3% |
| Trade receivables | 40 | €15,559 | €14,284 | -€1,275 | -8.2% |
| Other amounts receivable | 41 | €2,211 | €1,303 | -€908 | -41.1% |
| Cash at bank and in hand | 54/58 | €37,932 | €56,065 | +€18,133 | +47.8% |
| Deferred charges and accrued income | 490/1 | €4,687 | €3,101 | -€1,585 | -33.8% |
| Total equity and liabilities | 10/49 | €151,288 | €160,290 | +€9,002 | +6.0% |
| Equity | 10/15 | €80,387 | €78,282 | -€2,105 | -2.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €61,260 | €59,060 | -€2,200 | -3.6% |
| Distributable reserves | 133 | €61,260 | €59,060 | -€2,200 | -3.6% |
| Profit (loss) carried forward | 14 | €527 | €622 | +€95 | +18.0% |
| Amounts payable | 17/49 | €70,901 | €82,008 | +€11,107 | +15.7% |
| Amounts payable after more than one year | 17 | €48,931 | €36,682 | -€12,249 | -25.0% |
| Financial debts | 170/4 | €48,931 | €36,682 | -€12,249 | -25.0% |
| Amounts payable within one year | 42/48 | €21,970 | €45,327 | +€23,356 | +106% |
| Current portion of amounts payable after more than one year | 42 | €11,902 | €12,249 | +€347 | +2.9% |
| Trade debts | 44 | €748 | €4,841 | +€4,093 | +547% |
| Suppliers | 440/4 | €748 | €4,841 | +€4,093 | +547% |
| Taxes, remuneration and social security | 45 | €5,092 | €7,893 | +€2,801 | +55.0% |
| Taxes | 450/3 | €5,092 | €7,893 | +€2,801 | +55.0% |
| Other amounts payable | 47/48 | €4,228 | €20,343 | +€16,115 | +381% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,329 | €20,410 | +€17,081 | +513% |
| Other operating charges | 640/8 | €4,489 | €2,498 | -€1,991 | -44.3% |
| Gross operating margin | 9900 | €30,664 | €43,166 | +€12,501 | +40.8% |
| Operating profit (loss) | 9901 | €22,846 | €20,257 | -€2,589 | -11.3% |
| Financial income | 75/76B | €682 | €266 | -€417 | -61.1% |
| Recurring financial income | 75 | €682 | €266 | -€417 | -61.1% |
| Financial charges | 65/66B | €563 | €1,930 | +€1,367 | +243% |
| Recurring financial charges | 65 | €563 | €1,930 | +€1,367 | +243% |
| Profit (loss) for the period before taxes | 9903 | €22,965 | €18,592 | -€4,373 | -19.0% |
| Income taxes | 67/77 | €6,691 | €4,697 | -€1,994 | -29.8% |
| Profit (loss) for the period | 9904 | €16,274 | €13,895 | -€2,379 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,274 | €13,895 | -€2,379 | -14.6% |
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 24 October 2026 via checked.be.