LUCMA: 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.
LUCMA
Largest movements
- Receivables within one year -€6,922
down €6,922 (-67.5%), from €10,256 to €3,334
of which Trade receivables: -€7,405
- Tangible fixed assets +€5,654
new in 2025: €5,654
- Deferred charges and accrued income +€258
new in 2025: €258
- Trade debts -€708
down €708 (-31.8%), from €2,227 to €1,518
- Other debts -€558
down €558 (-15.7%), from €3,553 to €2,995
- Tax, wage and social debts +€219
up €219 (+22.5%), from €976 to €1,196
- Gross operating margin -€3,777
down €3,777 (-66.8%), from €5,651 to €1,874
- Financial income +€1,175
new in 2025: €1,175
- Taxes -€757
down €757 (-77.5%), from €976 to €219
- Depreciation +€735
up €735 (+65.1%), from €1,129 to €1,864
- Other operating charges +€682
new in 2025: €682
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 | €10,256 | €9,311 | -€945 | -9.2% |
| Fixed assets | 21/28 | - | €5,654 | +€5,654 | |
| Tangible fixed assets | 22/27 | - | €5,654 | +€5,654 | |
| Furniture and vehicles | 24 | - | €5,654 | +€5,654 | |
| Current assets | 29/58 | €10,256 | €3,657 | -€6,599 | -64.3% |
| Amounts receivable within one year | 40/41 | €10,256 | €3,334 | -€6,922 | -67.5% |
| Trade receivables | 40 | €9,583 | €2,178 | -€7,405 | -77.3% |
| Other amounts receivable | 41 | €672 | €1,156 | +€483 | +71.9% |
| Cash at bank and in hand | 54/58 | €0 | €65 | +€65 | +17,933% |
| Deferred charges and accrued income | 490/1 | - | €258 | +€258 | |
| Total equity and liabilities | 10/49 | €10,256 | €9,311 | -€945 | -9.2% |
| Equity | 10/15 | €3,500 | €3,602 | +€102 | +2.9% |
| Profit (loss) carried forward | 14 | €3,500 | €3,602 | +€102 | +2.9% |
| Amounts payable | 17/49 | €6,756 | €5,709 | -€1,047 | -15.5% |
| Amounts payable within one year | 42/48 | €6,756 | €5,709 | -€1,047 | -15.5% |
| Trade debts | 44 | €2,227 | €1,518 | -€708 | -31.8% |
| Suppliers | 440/4 | €2,227 | €1,518 | -€708 | -31.8% |
| Taxes, remuneration and social security | 45 | €976 | €1,196 | +€219 | +22.5% |
| Taxes | 450/3 | €976 | €1,196 | +€219 | +22.5% |
| Other amounts payable | 47/48 | €3,553 | €2,995 | -€558 | -15.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,129 | €1,864 | +€735 | +65.1% |
| Other operating charges | 640/8 | - | €682 | +€682 | |
| Gross operating margin | 9900 | €5,651 | €1,874 | -€3,777 | -66.8% |
| Operating profit (loss) | 9901 | €4,521 | -€672 | -€5,193 | |
| Financial income | 75/76B | - | €1,175 | +€1,175 | |
| Recurring financial income | 75 | - | €1,175 | +€1,175 | |
| Financial charges | 65/66B | €45 | €182 | +€138 | +308% |
| Recurring financial charges | 65 | €45 | €182 | +€138 | +308% |
| Profit (loss) for the period before taxes | 9903 | €4,477 | €321 | -€4,156 | -92.8% |
| Income taxes | 67/77 | €976 | €219 | -€757 | -77.5% |
| Profit (loss) for the period | 9904 | €3,500 | €102 | -€3,399 | -97.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,500 | €102 | -€3,399 | -97.1% |
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 15 October 2026 via checked.be.