LUCRATORI: 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.
LUCRATORI
Largest movements
- Cash -€13,013
down €13,013 (-29.9%), from €43,569 to €30,557
mainly Debts after one year (-€57,617) and Tax, wage and social debts (-€4,794)
- Receivables within one year -€6,063
down €6,063 (-96.7%), from €6,268 to €205
of which Trade receivables: -€6,050
- Debts after one year -€57,617
down €57,617 (-33.0%), from €174,346 to €116,729
- Reserves +€28,431
up €28,431 (+37.3%), from €76,310 to €104,742
- Other debts +€6,842
up €6,842 (+12.9%), from €52,918 to €59,760
- Tax, wage and social debts -€4,794
down €4,794 (-35.4%), from €13,530 to €8,736
- Gross operating margin +€20,055
up €20,055 (+49.2%), from €40,749 to €60,804
- Other operating charges +€6,179
up €6,179 (+389.0%), from €1,588 to €7,768
- Taxes +€3,284
up €3,284 (+34.3%), from €9,568 to €12,852
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 | €362,311 | €340,910 | -€21,400 | -5.9% |
| Fixed assets | 21/28 | €312,194 | €309,867 | -€2,326 | -0.7% |
| Tangible fixed assets | 22/27 | €12,194 | €9,867 | -€2,326 | -19.1% |
| Furniture and vehicles | 24 | €2,745 | €1,784 | -€962 | -35.0% |
| Other tangible fixed assets | 26 | €9,448 | €8,084 | -€1,365 | -14.4% |
| Financial fixed assets | 28 | €300,000 | €300,000 | = | 0.0% |
| Current assets | 29/58 | €50,117 | €31,043 | -€19,074 | -38.1% |
| Amounts receivable within one year | 40/41 | €6,268 | €205 | -€6,063 | -96.7% |
| Trade receivables | 40 | €6,050 | - | -€6,050 | |
| Other amounts receivable | 41 | €218 | €205 | -€13 | -6.1% |
| Cash at bank and in hand | 54/58 | €43,569 | €30,557 | -€13,013 | -29.9% |
| Deferred charges and accrued income | 490/1 | €279 | €281 | +€2 | +0.6% |
| Total equity and liabilities | 10/49 | €362,311 | €340,910 | -€21,400 | -5.9% |
| Equity | 10/15 | €78,810 | €107,242 | +€28,431 | +36.1% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €76,310 | €104,742 | +€28,431 | +37.3% |
| Distributable reserves | 133 | €76,310 | €104,742 | +€28,431 | +37.3% |
| Amounts payable | 17/49 | €283,500 | €233,668 | -€49,832 | -17.6% |
| Amounts payable after more than one year | 17 | €174,346 | €116,729 | -€57,617 | -33.0% |
| Financial debts | 170/4 | €174,346 | €116,729 | -€57,617 | -33.0% |
| Amounts payable within one year | 42/48 | €99,070 | €106,699 | +€7,629 | +7.7% |
| Current portion of amounts payable after more than one year | 42 | €32,128 | €32,617 | +€489 | +1.5% |
| Financial debts | 43 | - | €2,701 | +€2,701 | |
| Credit institutions | 430/8 | - | €2,701 | +€2,701 | |
| Trade debts | 44 | €493 | €2,885 | +€2,392 | +485.4% |
| Suppliers | 440/4 | €493 | €2,885 | +€2,392 | +485.4% |
| Taxes, remuneration and social security | 45 | €13,530 | €8,736 | -€4,794 | -35.4% |
| Taxes | 450/3 | €13,530 | €8,736 | -€4,794 | -35.4% |
| Other amounts payable | 47/48 | €52,918 | €59,760 | +€6,842 | +12.9% |
| Accrued charges and deferred income | 492/3 | €10,085 | €10,241 | +€156 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,835 | €2,326 | +€492 | +26.8% |
| Other operating charges | 640/8 | €1,588 | €7,768 | +€6,179 | +389.0% |
| Gross operating margin | 9900 | €40,749 | €60,804 | +€20,055 | +49.2% |
| Operating profit (loss) | 9901 | €37,326 | €50,711 | +€13,385 | +35.9% |
| Financial income | 75/76B | €354 | €0 | -€354 | -100.0% |
| Recurring financial income | 75 | €354 | €0 | -€354 | -100.0% |
| Financial charges | 65/66B | €8,662 | €8,094 | -€568 | -6.6% |
| Recurring financial charges | 65 | €8,662 | €8,094 | -€568 | -6.6% |
| Profit (loss) for the period before taxes | 9903 | €29,018 | €42,616 | +€13,598 | +46.9% |
| Income taxes | 67/77 | €9,568 | €12,852 | +€3,284 | +34.3% |
| Profit (loss) for the period | 9904 | €19,450 | €29,764 | +€10,314 | +53.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,450 | €29,764 | +€10,314 | +53.0% |
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 7 October 2026 via checked.be.