LUCOS ENGINEERING: 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.
LUCOS ENGINEERING
Largest movements
- Receivables within one year +€12,475
up €12,475 (+47.7%), from €26,125 to €38,600
of which Trade receivables: +€8,729
- Tangible fixed assets -€12,259
down €12,259 (-28.2%), from €43,402 to €31,143
- Cash +€11,631
up €11,631 (+5.3%), from €219,200 to €230,831
mainly Net result for the year (+€60,323) and Depreciation (+€12,259)
- Reserves +€4,390
up €4,390 (+1.6%), from €271,350 to €275,741
- Other debts +€3,896
up €3,896 (+467.7%), from €833 to €4,729
- Staff costs +€14,656
up €14,656 (+71.1%), from €20,607 to €35,263
- Taxes -€4,161
down €4,161 (-11.7%), from €35,609 to €31,448
- Gross operating margin +€1,501
up €1,501 (+1.1%), from €140,003 to €141,504
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 | €290,754 | €302,928 | +€12,174 | +4.2% |
| Fixed assets | 21/28 | €43,402 | €31,143 | -€12,259 | -28.2% |
| Tangible fixed assets | 22/27 | €43,402 | €31,143 | -€12,259 | -28.2% |
| Furniture and vehicles | 24 | €43,402 | €31,143 | -€12,259 | -28.2% |
| Current assets | 29/58 | €247,352 | €271,785 | +€24,433 | +9.9% |
| Amounts receivable within one year | 40/41 | €26,125 | €38,600 | +€12,475 | +47.7% |
| Trade receivables | 40 | €16,319 | €25,048 | +€8,729 | +53.5% |
| Other amounts receivable | 41 | €9,807 | €13,552 | +€3,745 | +38.2% |
| Cash at bank and in hand | 54/58 | €219,200 | €230,831 | +€11,631 | +5.3% |
| Deferred charges and accrued income | 490/1 | €2,026 | €2,354 | +€328 | +16.2% |
| Total equity and liabilities | 10/49 | €290,754 | €302,928 | +€12,174 | +4.2% |
| Equity | 10/15 | €283,750 | €288,141 | +€4,390 | +1.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €271,350 | €275,741 | +€4,390 | +1.6% |
| Distributable reserves | 133 | €271,350 | €275,741 | +€4,390 | +1.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €7,004 | €14,787 | +€7,784 | +111.1% |
| Amounts payable within one year | 42/48 | €7,004 | €14,787 | +€7,784 | +111.1% |
| Trade debts | 44 | €770 | €3,668 | +€2,898 | +376.3% |
| Suppliers | 440/4 | €770 | €3,668 | +€2,898 | +376.3% |
| Taxes, remuneration and social security | 45 | €5,401 | €6,391 | +€990 | +18.3% |
| Taxes | 450/3 | €37 | €993 | +€956 | +2555.5% |
| Remuneration and social security | 454/9 | €5,363 | €5,398 | +€35 | +0.6% |
| Other amounts payable | 47/48 | €833 | €4,729 | +€3,896 | +467.7% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €20,607 | €35,263 | +€14,656 | +71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,266 | €12,259 | -€7 | -0.1% |
| Other operating charges | 640/8 | €3,150 | €2,081 | -€1,069 | -33.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €140,003 | €141,504 | +€1,501 | +1.1% |
| Operating profit (loss) | 9901 | €103,980 | €91,901 | -€12,078 | -11.6% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €190 | €131 | -€59 | -31.0% |
| Recurring financial charges | 65 | €190 | €131 | -€59 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €103,790 | €91,771 | -€12,019 | -11.6% |
| Income taxes | 67/77 | €35,609 | €31,448 | -€4,161 | -11.7% |
| Profit (loss) for the period | 9904 | €68,180 | €60,323 | -€7,857 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €68,180 | €60,323 | -€7,857 | -11.5% |
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 1 October 2026 via checked.be.