LUCSIM: 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.
LUCSIM
Largest movements
- Cash +€82,905
up €82,905 (+36.6%), from €226,681 to €309,586
mainly Net result for the year (+€78,269) and Tax, wage and social debts (+€7,365)
- Receivables after one year +€6,000
up €6,000 (+50.0%), from €12,000 to €18,000
- Receivables within one year -€5,981
down €5,981 (-15.9%), from €37,733 to €31,751
- Reserves +€75,000
up €75,000 (+50.0%), from €150,000 to €225,000
- Tax, wage and social debts +€7,365
up €7,365 (+16.1%), from €45,845 to €53,209
- Other debts -€4,880
down €4,880 (-81.9%), from €5,959 to €1,078
- Taxes +€2,036
up €2,036 (+7.3%), from €27,964 to €30,000
- Gross operating margin +€1,763
up €1,763 (+1.7%), from €106,127 to €107,890
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,414 | €359,337 | +€82,923 | +30.0% |
| Current assets | 29/58 | €276,414 | €359,337 | +€82,923 | +30.0% |
| Amounts receivable after more than one year | 29 | €12,000 | €18,000 | +€6,000 | +50.0% |
| Trade receivables | 290 | €12,000 | €18,000 | +€6,000 | +50.0% |
| Amounts receivable within one year | 40/41 | €37,733 | €31,751 | -€5,981 | -15.9% |
| Trade receivables | 40 | €37,733 | €31,751 | -€5,981 | -15.9% |
| Cash at bank and in hand | 54/58 | €226,681 | €309,586 | +€82,905 | +36.6% |
| Total equity and liabilities | 10/49 | €276,414 | €359,337 | +€82,923 | +30.0% |
| Equity | 10/15 | €218,308 | €296,578 | +€78,269 | +35.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Capital | 10 | €2,500 | €2,500 | = | 0.0% |
| Issued capital | 100 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €150,000 | €225,000 | +€75,000 | +50.0% |
| Distributable reserves | 133 | €150,000 | €225,000 | +€75,000 | +50.0% |
| Profit (loss) carried forward | 14 | €65,808 | €69,078 | +€3,269 | +5.0% |
| Amounts payable | 17/49 | €58,106 | €62,760 | +€4,654 | +8.0% |
| Amounts payable within one year | 42/48 | €58,106 | €62,760 | +€4,654 | +8.0% |
| Trade debts | 44 | €6,303 | €8,472 | +€2,169 | +34.4% |
| Suppliers | 440/4 | €6,303 | €8,472 | +€2,169 | +34.4% |
| Taxes, remuneration and social security | 45 | €45,845 | €53,209 | +€7,365 | +16.1% |
| Taxes | 450/3 | €45,845 | €53,209 | +€7,365 | +16.1% |
| Other amounts payable | 47/48 | €5,959 | €1,078 | -€4,880 | -81.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €624 | - | -€624 | |
| Gross operating margin | 9900 | €106,127 | €107,890 | +€1,763 | +1.7% |
| Operating profit (loss) | 9901 | €105,503 | €107,890 | +€2,387 | +2.3% |
| Financial income | 75/76B | €1,592 | €828 | -€764 | -48.0% |
| Recurring financial income | 75 | €1,592 | €828 | -€764 | -48.0% |
| Financial charges | 65/66B | €441 | €449 | +€8 | +1.7% |
| Recurring financial charges | 65 | €441 | €449 | +€8 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €106,654 | €108,269 | +€1,616 | +1.5% |
| Income taxes | 67/77 | €27,964 | €30,000 | +€2,036 | +7.3% |
| Profit (loss) for the period | 9904 | €78,690 | €78,269 | -€420 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €78,690 | €78,269 | -€420 | -0.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.