Lucoform: 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.
Lucoform
Largest movements
- Cash +€9,332
up €9,332 (+60.8%), from €15,345 to €24,677
mainly Net result for the year (+€9,022) and Tax, wage and social debts (+€5,057)
- Receivables within one year +€2,284
up €2,284 (+31814.3%), from €7 to €2,291
of which Trade receivables: +€2,291
- Tangible fixed assets -€289
down €289 (-36.4%), from €795 to €506
- Reserves +€8,172
up €8,172 (+158.7%), from €5,151 to €13,323
- Tax, wage and social debts +€5,057
up €5,057 (+209.8%), from €2,410 to €7,468
of which Taxes: +€2,557
- Other debts -€1,801
down €1,801 (-33.0%), from €5,461 to €3,660
- Gross operating margin +€4,642
up €4,642 (+51.2%), from €9,074 to €13,716
- Taxes +€1,464
up €1,464 (+67.8%), from €2,161 to €3,625
- Depreciation +€217
up €217 (+300.0%), from €72 to €289
- Financial income +€149
new in 2025: €149
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 | €16,147 | €27,474 | +€11,327 | +70.1% |
| Fixed assets | 21/28 | €795 | €506 | -€289 | -36.4% |
| Tangible fixed assets | 22/27 | €795 | €506 | -€289 | -36.4% |
| Furniture and vehicles | 24 | €795 | €506 | -€289 | -36.4% |
| Current assets | 29/58 | €15,352 | €26,968 | +€11,616 | +75.7% |
| Amounts receivable within one year | 40/41 | €7 | €2,291 | +€2,284 | +31814.3% |
| Trade receivables | 40 | - | €2,291 | +€2,291 | |
| Other amounts receivable | 41 | €7 | - | -€7 | |
| Cash at bank and in hand | 54/58 | €15,345 | €24,677 | +€9,332 | +60.8% |
| Total equity and liabilities | 10/49 | €16,147 | €27,474 | +€11,327 | +70.1% |
| Equity | 10/15 | €8,151 | €16,323 | +€8,172 | +100.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €5,151 | €13,323 | +€8,172 | +158.7% |
| Distributable reserves | 133 | €5,151 | €13,323 | +€8,172 | +158.7% |
| Amounts payable | 17/49 | €7,996 | €11,151 | +€3,155 | +39.5% |
| Amounts payable within one year | 42/48 | €7,996 | €11,151 | +€3,155 | +39.5% |
| Trade debts | 44 | €125 | €23 | -€102 | -81.5% |
| Suppliers | 440/4 | €125 | €23 | -€102 | -81.5% |
| Taxes, remuneration and social security | 45 | €2,410 | €7,468 | +€5,057 | +209.8% |
| Taxes | 450/3 | €2,410 | €4,968 | +€2,557 | +106.1% |
| Remuneration and social security | 454/9 | - | €2,500 | +€2,500 | |
| Other amounts payable | 47/48 | €5,461 | €3,660 | -€1,801 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72 | €289 | +€217 | +300.0% |
| Other operating charges | 640/8 | €473 | €545 | +€72 | +15.3% |
| Gross operating margin | 9900 | €9,074 | €13,716 | +€4,642 | +51.2% |
| Operating profit (loss) | 9901 | €8,529 | €12,882 | +€4,353 | +51.0% |
| Financial income | 75/76B | - | €149 | +€149 | |
| Recurring financial income | 75 | - | €149 | +€149 | |
| Financial charges | 65/66B | €384 | €384 | -€0 | 0.0% |
| Recurring financial charges | 65 | €384 | €384 | -€0 | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €8,145 | €12,647 | +€4,502 | +55.3% |
| Income taxes | 67/77 | €2,161 | €3,625 | +€1,464 | +67.8% |
| Profit (loss) for the period | 9904 | €5,984 | €9,022 | +€3,038 | +50.8% |
| Profit (loss) for the period to be appropriated | 9905 | €5,984 | €9,022 | +€3,038 | +50.8% |
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 11 October 2026 via checked.be.