LUCYLE: 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.
LUCYLE
Largest movements
- Tangible fixed assets -€3,216
down €3,216 (-20.2%), from €15,928 to €12,712
of which Plant, machinery and equipment: -€2,186
- Cash +€3,020
up €3,020 (+13.5%), from €22,318 to €25,337
mainly Net result for the year (+€6,822) and Depreciation (+€3,971)
- Stocks and contracts +€523
up €523 (+749%), from €70 to €593
- Other debts -€13,512
down €13,512 (-81.8%), from €16,522 to €3,010
- Profit (loss) carried forward +€6,822
up €6,822 (+43.6%), from €15,631 to €22,454
- Trade debts +€3,285
up €3,285 (+1,166%), from €282 to €3,567
- Advances received +€3,065
new in 2025: €3,065
- Tax, wage and social debts +€424
up €424 (+8.8%), from €4,837 to €5,261
- Gross operating margin -€11,999
down €11,999 (-47.2%), from €25,439 to €13,440
- Taxes -€3,325
down €3,325 (-60.2%), from €5,522 to €2,198
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 | €39,272 | €39,356 | +€85 | +0.2% |
| Fixed assets | 21/28 | €15,928 | €12,712 | -€3,216 | -20.2% |
| Tangible fixed assets | 22/27 | €15,928 | €12,712 | -€3,216 | -20.2% |
| Land and buildings | 22 | €7,413 | €6,579 | -€834 | -11.2% |
| Plant, machinery and equipment | 23 | €8,119 | €5,933 | -€2,186 | -26.9% |
| Furniture and vehicles | 24 | €397 | €200 | -€196 | -49.5% |
| Current assets | 29/58 | €23,343 | €26,644 | +€3,301 | +14.1% |
| Stocks and contracts in progress | 3 | €70 | €593 | +€523 | +749% |
| Stocks | 30/36 | €70 | €593 | +€523 | +749% |
| Amounts receivable within one year | 40/41 | €461 | €337 | -€125 | -27.0% |
| Trade receivables | 40 | €461 | €34 | -€427 | -92.5% |
| Other amounts receivable | 41 | - | €302 | +€302 | |
| Cash at bank and in hand | 54/58 | €22,318 | €25,337 | +€3,020 | +13.5% |
| Deferred charges and accrued income | 490/1 | €494 | €376 | -€118 | -23.8% |
| Total equity and liabilities | 10/49 | €39,272 | €39,356 | +€85 | +0.2% |
| Equity | 10/15 | €17,631 | €24,454 | +€6,822 | +38.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,631 | €22,454 | +€6,822 | +43.6% |
| Amounts payable | 17/49 | €21,640 | €14,903 | -€6,738 | -31.1% |
| Amounts payable within one year | 42/48 | €21,640 | €14,903 | -€6,738 | -31.1% |
| Trade debts | 44 | €282 | €3,567 | +€3,285 | +1,166% |
| Suppliers | 440/4 | €282 | €3,567 | +€3,285 | +1,166% |
| Advances received on contracts in progress | 46 | - | €3,065 | +€3,065 | |
| Taxes, remuneration and social security | 45 | €4,837 | €5,261 | +€424 | +8.8% |
| Taxes | 450/3 | €4,837 | €5,261 | +€424 | +8.8% |
| Other amounts payable | 47/48 | €16,522 | €3,010 | -€13,512 | -81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,802 | €3,971 | +€169 | +4.4% |
| Other operating charges | 640/8 | €148 | €91 | -€57 | -38.7% |
| Gross operating margin | 9900 | €25,439 | €13,440 | -€11,999 | -47.2% |
| Operating profit (loss) | 9901 | €21,489 | €9,378 | -€12,110 | -56.4% |
| Financial income | 75/76B | €0 | €38 | +€37 | +20,744% |
| Recurring financial income | 75 | €0 | €38 | +€37 | +20,744% |
| Financial charges | 65/66B | €335 | €396 | +€60 | +18.0% |
| Recurring financial charges | 65 | €335 | €396 | +€60 | +18.0% |
| Profit (loss) for the period before taxes | 9903 | €21,153 | €9,020 | -€12,133 | -57.4% |
| Income taxes | 67/77 | €5,522 | €2,198 | -€3,325 | -60.2% |
| Profit (loss) for the period | 9904 | €15,631 | €6,822 | -€8,809 | -56.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,631 | €6,822 | -€8,809 | -56.4% |
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 14 October 2026 via checked.be.