Lucover: 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.
Lucover
Largest movements
- Current investments -€55,232
down €55,232 (-39.2%), from €140,736 to €85,505
- Cash -€34,110
down €34,110 (-39.8%), from €85,748 to €51,638
mainly Contributions, distributions and other (-€212,820) and Receivables within one year (-€8,844)
- Receivables within one year +€8,844
up €8,844 (+39.4%), from €22,473 to €31,317
of which Other amounts receivable: +€10,354
- Deferred charges and accrued income +€7,462
up €7,462 (+201.9%), from €3,696 to €11,159
- Tangible fixed assets +€4,544
new in 2025: €4,544
- Reserves -€165,898
down €165,898 (-100.0%), from €165,898 to €0
- Other debts +€89,285
up €89,285 (+113.7%), from €78,535 to €167,820
- Tax, wage and social debts +€7,916
up €7,916 (+206.1%), from €3,841 to €11,757
- Gross operating margin -€41,790
down €41,790 (-39.9%), from €104,697 to €62,907
- Taxes -€9,569
down €9,569 (-34.9%), from €27,391 to €17,822
- Financial income +€6,228
up €6,228 (+469.6%), from €1,326 to €7,554
- Financial charges +€2,412
up €2,412 (+119.8%), from €2,014 to €4,426
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 | €252,654 | €184,163 | -€68,491 | -27.1% |
| Fixed assets | 21/28 | - | €4,544 | +€4,544 | |
| Tangible fixed assets | 22/27 | - | €4,544 | +€4,544 | |
| Furniture and vehicles | 24 | - | €4,544 | +€4,544 | |
| Current assets | 29/58 | €252,654 | €179,619 | -€73,036 | -28.9% |
| Amounts receivable within one year | 40/41 | €22,473 | €31,317 | +€8,844 | +39.4% |
| Trade receivables | 40 | €22,023 | €20,513 | -€1,510 | -6.9% |
| Other amounts receivable | 41 | €450 | €10,804 | +€10,354 | +2301.1% |
| Current investments | 50/53 | €140,736 | €85,505 | -€55,232 | -39.2% |
| Cash at bank and in hand | 54/58 | €85,748 | €51,638 | -€34,110 | -39.8% |
| Deferred charges and accrued income | 490/1 | €3,696 | €11,159 | +€7,462 | +201.9% |
| Total equity and liabilities | 10/49 | €252,654 | €184,163 | -€68,491 | -27.1% |
| Equity | 10/15 | €168,898 | €3,000 | -€165,898 | -98.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €165,898 | €0 | -€165,898 | -100.0% |
| Distributable reserves | 133 | €165,898 | €0 | -€165,898 | -100.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €83,756 | €181,163 | +€97,407 | +116.3% |
| Amounts payable within one year | 42/48 | €83,756 | €181,163 | +€97,407 | +116.3% |
| Trade debts | 44 | €1,380 | €1,586 | +€205 | +14.9% |
| Suppliers | 440/4 | €1,380 | €1,586 | +€205 | +14.9% |
| Taxes, remuneration and social security | 45 | €3,841 | €11,757 | +€7,916 | +206.1% |
| Taxes | 450/3 | €3,841 | €11,757 | +€7,916 | +206.1% |
| Other amounts payable | 47/48 | €78,535 | €167,820 | +€89,285 | +113.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €786 | +€786 | |
| Other operating charges | 640/8 | €837 | €505 | -€332 | -39.6% |
| Gross operating margin | 9900 | €104,697 | €62,907 | -€41,790 | -39.9% |
| Operating profit (loss) | 9901 | €103,860 | €61,615 | -€42,244 | -40.7% |
| Financial income | 75/76B | €1,326 | €7,554 | +€6,228 | +469.6% |
| Recurring financial income | 75 | €1,326 | €7,554 | +€6,228 | +469.6% |
| Financial charges | 65/66B | €2,014 | €4,426 | +€2,412 | +119.8% |
| Recurring financial charges | 65 | €2,014 | €4,426 | +€2,412 | +119.8% |
| Profit (loss) for the period before taxes | 9903 | €103,172 | €64,744 | -€38,428 | -37.2% |
| Income taxes | 67/77 | €27,391 | €17,822 | -€9,569 | -34.9% |
| Profit (loss) for the period | 9904 | €75,781 | €46,922 | -€28,859 | -38.1% |
| Profit (loss) for the period to be appropriated | 9905 | €75,781 | €46,922 | -€28,859 | -38.1% |
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 30 September 2026 via checked.be.