Lucumbus: 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.
Lucumbus
Largest movements
- Receivables within one year +€80,849
up €80,849 (+78.4%), from €103,159 to €184,008
of which Trade receivables: +€84,409
- Cash -€32,730
down €32,730 (-11.8%), from €277,603 to €244,873
mainly Receivables within one year (-€80,849) and Trade debts (-€8,166)
- Reserves +€53,787
up €53,787 (+18.7%), from €288,269 to €342,056
- Trade debts -€8,166
down €8,166 (-9.6%), from €84,889 to €76,723
- Gross operating margin +€37,062
up €37,062 (+55.7%), from €66,588 to €103,650
- Write-downs +€30,372
up €30,372, from €0 to €30,372
- Taxes +€2,269
up €2,269 (+13.9%), from €16,299 to €18,568
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 | €384,121 | €431,931 | +€47,810 | +12.4% |
| Fixed assets | 21/28 | €2,480 | €1,662 | -€818 | -33.0% |
| Tangible fixed assets | 22/27 | €1,145 | €327 | -€818 | -71.4% |
| Furniture and vehicles | 24 | €1,145 | €327 | -€818 | -71.4% |
| Financial fixed assets | 28 | €1,335 | €1,335 | = | 0.0% |
| Current assets | 29/58 | €381,641 | €430,269 | +€48,628 | +12.7% |
| Amounts receivable within one year | 40/41 | €103,159 | €184,008 | +€80,849 | +78.4% |
| Trade receivables | 40 | €93,813 | €178,222 | +€84,409 | +90.0% |
| Other amounts receivable | 41 | €9,346 | €5,786 | -€3,561 | -38.1% |
| Cash at bank and in hand | 54/58 | €277,603 | €244,873 | -€32,730 | -11.8% |
| Deferred charges and accrued income | 490/1 | €879 | €1,388 | +€509 | +57.9% |
| Total equity and liabilities | 10/49 | €384,121 | €431,931 | +€47,810 | +12.4% |
| Equity | 10/15 | €294,469 | €348,256 | +€53,787 | +18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €288,269 | €342,056 | +€53,787 | +18.7% |
| Distributable reserves | 133 | €288,269 | €342,056 | +€53,787 | +18.7% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €89,652 | €83,675 | -€5,977 | -6.7% |
| Amounts payable within one year | 42/48 | €89,652 | €83,675 | -€5,977 | -6.7% |
| Trade debts | 44 | €84,889 | €76,723 | -€8,166 | -9.6% |
| Suppliers | 440/4 | €84,889 | €76,723 | -€8,166 | -9.6% |
| Taxes, remuneration and social security | 45 | €4,068 | €6,419 | +€2,351 | +57.8% |
| Taxes | 450/3 | €4,068 | €6,419 | +€2,351 | +57.8% |
| Other amounts payable | 47/48 | €694 | €532 | -€162 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,239 | €818 | -€421 | -34.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €30,372 | +€30,372 | |
| Other operating charges | 640/8 | €1,241 | €740 | -€501 | -40.4% |
| Gross operating margin | 9900 | €66,588 | €103,650 | +€37,062 | +55.7% |
| Operating profit (loss) | 9901 | €64,108 | €71,721 | +€7,613 | +11.9% |
| Financial income | 75/76B | €721 | €724 | +€3 | +0.4% |
| Recurring financial income | 75 | €721 | €724 | +€3 | +0.4% |
| Financial charges | 65/66B | €103 | €89 | -€14 | -13.4% |
| Recurring financial charges | 65 | €103 | €89 | -€14 | -13.4% |
| Profit (loss) for the period before taxes | 9903 | €64,726 | €72,355 | +€7,629 | +11.8% |
| Income taxes | 67/77 | €16,299 | €18,568 | +€2,269 | +13.9% |
| Profit (loss) for the period | 9904 | €48,427 | €53,787 | +€5,360 | +11.1% |
| Profit (loss) for the period to be appropriated | 9905 | €48,427 | €53,787 | +€5,360 | +11.1% |
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 18 October 2026 via checked.be.