LUCNANCE: 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.
LUCNANCE
Largest movements
- Intangible fixed assets -€13,700
down €13,700 (-100.0%), from €13,700 to €0
- Deferred charges and accrued income -€5,825
down €5,825 (-100.0%), from €5,825 to €0
- Cash +€5,182
up €5,182 (+40.7%), from €12,726 to €17,909
mainly Depreciation (+€16,280) and Deferred charges and accrued income (+€5,825)
- Tangible fixed assets -€2,580
down €2,580 (-44.3%), from €5,817 to €3,237
- Receivables within one year +€1,546
up €1,546 (+288.5%), from €536 to €2,082
of which Other amounts receivable: +€1,112
- Trade debts -€6,469
down €6,469 (-100.0%), from €6,469 to €0
- Profit (loss) carried forward -€5,567
down €5,567 (-35.5%), from -€15,661 to -€21,228
- Debts after one year -€3,217
down €3,217 (-74.8%), from €4,302 to €1,085
- Gross operating margin -€2,316
down €2,316 (-15.9%), from €14,556 to €12,240
- Financial charges -€480
down €480 (-33.8%), from €1,421 to €941
- Other operating charges -€146
down €146 (-20.0%), from €732 to €585
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 | €60,820 | €46,208 | -€14,613 | -24.0% |
| Fixed assets | 21/28 | €19,517 | €3,237 | -€16,280 | -83.4% |
| Intangible fixed assets | 21 | €13,700 | €0 | -€13,700 | -100.0% |
| Tangible fixed assets | 22/27 | €5,817 | €3,237 | -€2,580 | -44.3% |
| Plant, machinery and equipment | 23 | €5,817 | €3,237 | -€2,580 | -44.3% |
| Current assets | 29/58 | €41,303 | €42,970 | +€1,667 | +4.0% |
| Stocks and contracts in progress | 3 | €22,216 | €22,980 | +€764 | +3.4% |
| Stocks | 30/36 | €22,216 | €22,980 | +€764 | +3.4% |
| Amounts receivable within one year | 40/41 | €536 | €2,082 | +€1,546 | +288.5% |
| Trade receivables | 40 | - | €434 | +€434 | |
| Other amounts receivable | 41 | €536 | €1,648 | +€1,112 | +207.5% |
| Cash at bank and in hand | 54/58 | €12,726 | €17,909 | +€5,182 | +40.7% |
| Deferred charges and accrued income | 490/1 | €5,825 | €0 | -€5,825 | -100.0% |
| Total equity and liabilities | 10/49 | €60,820 | €46,208 | -€14,613 | -24.0% |
| Equity | 10/15 | €42,897 | €37,330 | -€5,567 | -13.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €39,958 | €39,958 | = | 0.0% |
| Distributable reserves | 133 | €39,958 | €39,958 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,661 | -€21,228 | -€5,567 | -35.5% |
| Amounts payable | 17/49 | €17,923 | €8,878 | -€9,046 | -50.5% |
| Amounts payable after more than one year | 17 | €4,302 | €1,085 | -€3,217 | -74.8% |
| Financial debts | 170/4 | €4,302 | €1,085 | -€3,217 | -74.8% |
| Amounts payable within one year | 42/48 | €13,621 | €7,792 | -€5,829 | -42.8% |
| Current portion of amounts payable after more than one year | 42 | €3,159 | €3,217 | +€58 | +1.8% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €6,469 | €0 | -€6,469 | -100.0% |
| Suppliers | 440/4 | €6,469 | €0 | -€6,469 | -100.0% |
| Taxes, remuneration and social security | 45 | €50 | €50 | = | 0.0% |
| Taxes | 450/3 | €50 | €50 | = | 0.0% |
| Other amounts payable | 47/48 | €3,944 | €4,526 | +€582 | +14.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,280 | €16,280 | = | 0.0% |
| Other operating charges | 640/8 | €732 | €585 | -€146 | -20.0% |
| Gross operating margin | 9900 | €14,556 | €12,240 | -€2,316 | -15.9% |
| Operating profit (loss) | 9901 | -€2,456 | -€4,626 | -€2,170 | -88.4% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €1,421 | €941 | -€480 | -33.8% |
| Recurring financial charges | 65 | €1,421 | €941 | -€480 | -33.8% |
| Profit (loss) for the period before taxes | 9903 | -€3,877 | -€5,567 | -€1,690 | -43.6% |
| Profit (loss) for the period | 9904 | -€3,877 | -€5,567 | -€1,690 | -43.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,877 | -€5,567 | -€1,690 | -43.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.