LUCOTOIT: 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.
LUCOTOIT
Largest movements
- Receivables within one year -€33,397
down €33,397 (-44.4%), from €75,141 to €41,744
of which Trade receivables: -€29,402
- Stocks and contracts +€5,872
up €5,872 (+24.5%), from €23,943 to €29,815
of which Stocks: +€5,872
- Tangible fixed assets -€3,679
down €3,679 (-100%), from €3,679 to €0
of which Plant, machinery and equipment: -€2,012
- Cash -€1,473
down €1,473 (-100%), from €1,473 to €0
mainly Trade debts (-€30,238) and Other debts (-€10,463)
- Deferred charges and accrued income +€1,445
up €1,445 (+243%), from €593 to €2,038
- Trade debts -€30,238
down €30,238 (-48.5%), from €62,283 to €32,045
- Other debts -€10,463
down €10,463 (-26.5%), from €39,480 to €29,017
- Short-term financial debts +€4,983
new in 2025: €4,983
- Tax, wage and social debts +€3,380
up €3,380 (+9,015%), from €37 to €3,417
of which Remuneration and social security: +€3,368
- Profit (loss) carried forward +€1,472
up €1,472 (+8.5%), from -€17,381 to -€15,909
- Staff costs +€22,060
up €22,060 (+24,049%), from €92 to €22,152
- Gross operating margin +€19,659
up €19,659 (+180%), from €10,920 to €30,579
- Depreciation -€1,850
down €1,850 (-33.5%), from €5,530 to €3,679
- Other operating charges -€695
down €695 (-24.0%), from €2,903 to €2,208
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 | €104,879 | €74,013 | -€30,866 | -29.4% |
| Fixed assets | 21/28 | €3,729 | €416 | -€3,313 | -88.8% |
| Tangible fixed assets | 22/27 | €3,679 | €0 | -€3,679 | -100% |
| Plant, machinery and equipment | 23 | €2,012 | €0 | -€2,012 | -100% |
| Furniture and vehicles | 24 | €1,667 | €0 | -€1,667 | -100% |
| Financial fixed assets | 28 | €50 | €416 | +€366 | +732% |
| Current assets | 29/58 | €101,150 | €73,597 | -€27,553 | -27.2% |
| Stocks and contracts in progress | 3 | €23,943 | €29,815 | +€5,872 | +24.5% |
| Stocks | 30/36 | €23,918 | €29,790 | +€5,872 | +24.6% |
| Contracts in progress | 37 | €25 | €25 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €75,141 | €41,744 | -€33,397 | -44.4% |
| Trade receivables | 40 | €56,892 | €27,490 | -€29,402 | -51.7% |
| Other amounts receivable | 41 | €18,248 | €14,254 | -€3,994 | -21.9% |
| Cash at bank and in hand | 54/58 | €1,473 | €0 | -€1,473 | -100% |
| Deferred charges and accrued income | 490/1 | €593 | €2,038 | +€1,445 | +243% |
| Total equity and liabilities | 10/49 | €104,879 | €74,013 | -€30,866 | -29.4% |
| Equity | 10/15 | €3,079 | €4,551 | +€1,472 | +47.8% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,381 | -€15,909 | +€1,472 | +8.5% |
| Amounts payable | 17/49 | €101,800 | €69,462 | -€32,338 | -31.8% |
| Amounts payable within one year | 42/48 | €101,800 | €69,462 | -€32,338 | -31.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | €0 | = | |
| Financial debts | 43 | - | €4,983 | +€4,983 | |
| Credit institutions | 430/8 | - | €4,983 | +€4,983 | |
| Trade debts | 44 | €62,283 | €32,045 | -€30,238 | -48.5% |
| Suppliers | 440/4 | €62,283 | €32,045 | -€30,238 | -48.5% |
| Taxes, remuneration and social security | 45 | €37 | €3,417 | +€3,380 | +9,015% |
| Taxes | 450/3 | €37 | €49 | +€11 | +30.4% |
| Remuneration and social security | 454/9 | €0 | €3,368 | +€3,368 | |
| Other amounts payable | 47/48 | €39,480 | €29,017 | -€10,463 | -26.5% |
| Remuneration, social security and pensions | 62 | €92 | €22,152 | +€22,060 | +24,049% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,530 | €3,679 | -€1,850 | -33.5% |
| Other operating charges | 640/8 | €2,903 | €2,208 | -€695 | -24.0% |
| Non-recurring operating charges | 66A | €413 | - | -€413 | |
| Gross operating margin | 9900 | €10,920 | €30,579 | +€19,659 | +180% |
| Operating profit (loss) | 9901 | €1,982 | €2,541 | +€559 | +28.2% |
| Financial income | 75/76B | €7 | €6 | -€1 | -18.6% |
| Recurring financial income | 75 | €7 | €6 | -€1 | -18.6% |
| Financial charges | 65/66B | €905 | €773 | -€132 | -14.6% |
| Recurring financial charges | 65 | €905 | €773 | -€132 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €1,084 | €1,773 | +€689 | +63.6% |
| Income taxes | 67/77 | €289 | €301 | +€13 | +4.4% |
| Profit (loss) for the period | 9904 | €796 | €1,472 | +€677 | +85.0% |
| Profit (loss) for the period to be appropriated | 9905 | €796 | €1,472 | +€677 | +85.0% |
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 17 October 2026 via checked.be.