Luctra: 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.
Luctra
Largest movements
- Receivables within one year +€10,433
up €10,433 (+102.7%), from €10,163 to €20,596
of which Trade receivables: +€10,735
- Stocks and contracts -€9,159
down €9,159 (-67.2%), from €13,628 to €4,469
- Tangible fixed assets +€6,589
up €6,589 (+120.7%), from €5,460 to €12,050
of which Furniture and vehicles: +€11,243
- Cash +€5,309
up €5,309 (+117.4%), from €4,522 to €9,832
mainly Other debts (+€18,501) and Stocks and contracts (+€9,159)
- Deferred charges and accrued income -€5,088
down €5,088 (-70.0%), from €7,272 to €2,184
- Other debts +€18,501
up €18,501, from €0 to €18,501
- Trade debts -€7,657
down €7,657 (-61.7%), from €12,404 to €4,748
- Profit (loss) carried forward -€3,568
down €3,568, from €2,475 to -€1,093
- Accrued charges and deferred income +€814
up €814 (+190.1%), from €428 to €1,243
- Gross operating margin +€10,831
up €10,831, from -€1,556 to €9,275
- Depreciation +€1,316
up €1,316 (+30.8%), from €4,269 to €5,585
- Financial charges +€819
up €819 (+148.6%), from €552 to €1,371
- Other operating charges -€99
down €99 (-6.9%), from €1,431 to €1,332
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €41,046 | €49,130 | +€8,084 | +19.7% |
| Fixed assets | 21/28 | €5,460 | €12,050 | +€6,589 | +120.7% |
| Tangible fixed assets | 22/27 | €5,460 | €12,050 | +€6,589 | +120.7% |
| Plant, machinery and equipment | 23 | €532 | €0 | -€532 | -100.0% |
| Furniture and vehicles | 24 | €806 | €12,050 | +€11,243 | +1394.4% |
| Other tangible fixed assets | 26 | €4,122 | €0 | -€4,122 | -100.0% |
| Current assets | 29/58 | €35,586 | €37,081 | +€1,495 | +4.2% |
| Stocks and contracts in progress | 3 | €13,628 | €4,469 | -€9,159 | -67.2% |
| Stocks | 30/36 | €13,628 | €4,469 | -€9,159 | -67.2% |
| Amounts receivable within one year | 40/41 | €10,163 | €20,596 | +€10,433 | +102.7% |
| Trade receivables | 40 | €8,944 | €19,679 | +€10,735 | +120.0% |
| Other amounts receivable | 41 | €1,219 | €918 | -€302 | -24.7% |
| Cash at bank and in hand | 54/58 | €4,522 | €9,832 | +€5,309 | +117.4% |
| Deferred charges and accrued income | 490/1 | €7,272 | €2,184 | -€5,088 | -70.0% |
| Total equity and liabilities | 10/49 | €41,046 | €49,130 | +€8,084 | +19.7% |
| Equity | 10/15 | €27,882 | €24,314 | -€3,568 | -12.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €13,006 | €13,006 | = | 0.0% |
| Distributable reserves | 133 | €13,006 | €13,006 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,475 | -€1,093 | -€3,568 | |
| Amounts payable | 17/49 | €13,165 | €24,817 | +€11,652 | +88.5% |
| Amounts payable within one year | 42/48 | €12,736 | €23,574 | +€10,838 | +85.1% |
| Trade debts | 44 | €12,404 | €4,748 | -€7,657 | -61.7% |
| Suppliers | 440/4 | €12,404 | €4,748 | -€7,657 | -61.7% |
| Taxes, remuneration and social security | 45 | €332 | €326 | -€6 | -1.9% |
| Taxes | 450/3 | €332 | €326 | -€6 | -1.9% |
| Other amounts payable | 47/48 | €0 | €18,501 | +€18,501 | |
| Accrued charges and deferred income | 492/3 | €428 | €1,243 | +€814 | +190.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,269 | €5,585 | +€1,316 | +30.8% |
| Other operating charges | 640/8 | €1,431 | €1,332 | -€99 | -6.9% |
| Non-recurring operating charges | 66A | - | €4,346 | +€4,346 | |
| Gross operating margin | 9900 | -€1,556 | €9,275 | +€10,831 | |
| Operating profit (loss) | 9901 | -€7,256 | -€1,988 | +€5,268 | +72.6% |
| Financial income | 75/76B | €136 | €116 | -€19 | -14.3% |
| Recurring financial income | 75 | €136 | €116 | -€19 | -14.3% |
| Financial charges | 65/66B | €552 | €1,371 | +€819 | +148.6% |
| Recurring financial charges | 65 | €552 | €1,371 | +€819 | +148.6% |
| Profit (loss) for the period before taxes | 9903 | -€7,672 | -€3,242 | +€4,430 | +57.7% |
| Income taxes | 67/77 | €332 | €326 | -€6 | -1.9% |
| Profit (loss) for the period | 9904 | -€8,004 | -€3,568 | +€4,436 | +55.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,004 | -€3,568 | +€4,436 | +55.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.