LUCONSTRUCT: 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.
LUCONSTRUCT
Largest movements
- Cash +€33,751
up €33,751 (+933%), from €3,617 to €37,368
mainly Trade debts (+€34,780) and Net result for the year (+€25,587)
- Receivables within one year +€7,672
up €7,672 (+8.6%), from €89,656 to €97,328
of which Other amounts receivable: +€40,108
- Tangible fixed assets +€3,907
up €3,907 (+96.5%), from €4,049 to €7,956
of which Plant, machinery and equipment: +€3,654
- Trade debts +€34,780
up €34,780 (+375%), from €9,283 to €44,063
- Profit (loss) carried forward +€19,587
up €19,587 (+38.7%), from €50,552 to €70,139
- Accrued charges and deferred income -€18,000
no longer reported in 2025 (was €18,000)
- Other debts +€6,000
new in 2025: €6,000
- Tax, wage and social debts +€3,325
up €3,325 (+19.0%), from €17,538 to €20,863
- Gross operating margin -€27,733
down €27,733 (-46.7%), from €59,395 to €31,662
- Taxes -€5,501
down €5,501 (-49.7%), from €11,077 to €5,576
- Other operating charges -€2,233
down €2,233 (-74.0%), from €3,017 to €784
- Depreciation +€1,394
up €1,394 (+68.6%), from €2,032 to €3,426
- Financial income +€1,299
up €1,299 (+48.2%), from €2,696 to €3,995
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 | €97,573 | €143,265 | +€45,692 | +46.8% |
| Fixed assets | 21/28 | €4,049 | €7,956 | +€3,907 | +96.5% |
| Tangible fixed assets | 22/27 | €4,049 | €7,956 | +€3,907 | +96.5% |
| Plant, machinery and equipment | 23 | - | €3,654 | +€3,654 | |
| Furniture and vehicles | 24 | €4,049 | €4,302 | +€253 | +6.2% |
| Current assets | 29/58 | €93,524 | €135,309 | +€41,785 | +44.7% |
| Amounts receivable within one year | 40/41 | €89,656 | €97,328 | +€7,672 | +8.6% |
| Trade receivables | 40 | €42,076 | €9,640 | -€32,436 | -77.1% |
| Other amounts receivable | 41 | €47,580 | €87,688 | +€40,108 | +84.3% |
| Cash at bank and in hand | 54/58 | €3,617 | €37,368 | +€33,751 | +933% |
| Deferred charges and accrued income | 490/1 | €251 | €613 | +€362 | +144% |
| Total equity and liabilities | 10/49 | €97,573 | €143,265 | +€45,692 | +46.8% |
| Equity | 10/15 | €52,752 | €72,339 | +€19,587 | +37.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €200 | €200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €200 | €200 | = | 0.0% |
| Legal reserve | 130 | €200 | €200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,552 | €70,139 | +€19,587 | +38.7% |
| Amounts payable | 17/49 | €44,821 | €70,926 | +€26,105 | +58.2% |
| Amounts payable within one year | 42/48 | €26,821 | €70,926 | +€44,105 | +164% |
| Trade debts | 44 | €9,283 | €44,063 | +€34,780 | +375% |
| Suppliers | 440/4 | €9,283 | €44,063 | +€34,780 | +375% |
| Taxes, remuneration and social security | 45 | €17,538 | €20,863 | +€3,325 | +19.0% |
| Taxes | 450/3 | €17,538 | €20,863 | +€3,325 | +19.0% |
| Other amounts payable | 47/48 | - | €6,000 | +€6,000 | |
| Accrued charges and deferred income | 492/3 | €18,000 | - | -€18,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,032 | €3,426 | +€1,394 | +68.6% |
| Other operating charges | 640/8 | €3,017 | €784 | -€2,233 | -74.0% |
| Gross operating margin | 9900 | €59,395 | €31,662 | -€27,733 | -46.7% |
| Operating profit (loss) | 9901 | €54,346 | €27,452 | -€26,894 | -49.5% |
| Financial income | 75/76B | €2,696 | €3,995 | +€1,299 | +48.2% |
| Recurring financial income | 75 | €2,696 | €3,995 | +€1,299 | +48.2% |
| Financial charges | 65/66B | €342 | €284 | -€58 | -17.0% |
| Recurring financial charges | 65 | €342 | €284 | -€58 | -17.0% |
| Profit (loss) for the period before taxes | 9903 | €56,700 | €31,163 | -€25,537 | -45.0% |
| Income taxes | 67/77 | €11,077 | €5,576 | -€5,501 | -49.7% |
| Profit (loss) for the period | 9904 | €45,623 | €25,587 | -€20,036 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €45,623 | €25,587 | -€20,036 | -43.9% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.