Pascal Lucchese: 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.
Pascal Lucchese
Largest movements
- Cash +€44,889
up €44,889 (+163.4%), from €27,466 to €72,356
mainly Net result for the year (+€38,216) and Tax, wage and social debts (+€14,853)
- Tangible fixed assets +€7,436
new in 2025: €7,436
- Profit (loss) carried forward +€38,216
up €38,216 (+3165.6%), from €1,207 to €39,424
- Tax, wage and social debts +€14,853
up €14,853 (+204.3%), from €7,270 to €22,123
of which Taxes: +€11,673
- Trade debts -€806
down €806 (-17.2%), from €4,691 to €3,885
- Turnover +€114,342
up €114,342 (+319.6%), from €35,774 to €150,116
- Purchases and services +€67,211
up €67,211 (+195.7%), from €34,344 to €101,555
- Gross operating margin +€48,830
up €48,830 (+2422.6%), from €2,016 to €50,845
- Taxes +€9,951
up €9,951 (+2400.8%), from €414 to €10,365
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 | €28,202 | €80,465 | +€52,263 | +185.3% |
| Fixed assets | 21/28 | - | €7,436 | +€7,436 | |
| Tangible fixed assets | 22/27 | - | €7,436 | +€7,436 | |
| Furniture and vehicles | 24 | - | €7,436 | +€7,436 | |
| Current assets | 29/58 | €28,202 | €73,029 | +€44,827 | +158.9% |
| Cash at bank and in hand | 54/58 | €27,466 | €72,356 | +€44,889 | +163.4% |
| Deferred charges and accrued income | 490/1 | €736 | €673 | -€62 | -8.5% |
| Total equity and liabilities | 10/49 | €28,202 | €80,465 | +€52,263 | +185.3% |
| Equity | 10/15 | €16,207 | €54,424 | +€38,216 | +235.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,207 | €39,424 | +€38,216 | +3165.6% |
| Amounts payable | 17/49 | €11,995 | €26,042 | +€14,047 | +117.1% |
| Amounts payable within one year | 42/48 | €11,995 | €26,042 | +€14,047 | +117.1% |
| Trade debts | 44 | €4,691 | €3,885 | -€806 | -17.2% |
| Suppliers | 440/4 | €4,691 | €3,885 | -€806 | -17.2% |
| Taxes, remuneration and social security | 45 | €7,270 | €22,123 | +€14,853 | +204.3% |
| Taxes | 450/3 | €7,270 | €18,943 | +€11,673 | +160.6% |
| Remuneration and social security | 454/9 | - | €3,180 | +€3,180 | |
| Other amounts payable | 47/48 | €34 | €34 | = | 0.0% |
| Turnover | 70 | €35,774 | €150,116 | +€114,342 | +319.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €34,344 | €101,555 | +€67,211 | +195.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €802 | +€802 | |
| Other operating charges | 640/8 | €387 | €1,212 | +€825 | +212.9% |
| Gross operating margin | 9900 | €2,016 | €50,845 | +€48,830 | +2422.6% |
| Operating profit (loss) | 9901 | €1,628 | €48,831 | +€47,203 | +2899.1% |
| Financial charges | 65/66B | €6 | €250 | +€243 | +3750.9% |
| Recurring financial charges | 65 | €6 | €250 | +€243 | +3750.9% |
| Profit (loss) for the period before taxes | 9903 | €1,622 | €48,582 | +€46,960 | +2895.7% |
| Income taxes | 67/77 | €414 | €10,365 | +€9,951 | +2400.8% |
| Profit (loss) for the period | 9904 | €1,207 | €38,216 | +€37,009 | +3065.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,207 | €38,216 | +€37,009 | +3065.6% |
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.