SEMPRE LUCENTE JEWELS: 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.
SEMPRE LUCENTE JEWELS
Largest movements
- Receivables within one year +€497,867
up €497,867 (+219%), from €227,000 to €724,867
of which Trade receivables: +€506,174
- Cash -€130,981
down €130,981 (-87.0%), from €150,595 to €19,614
mainly Receivables within one year (-€497,867) and Stocks and contracts (-€66,058)
- Stocks and contracts +€66,058
up €66,058 (+185%), from €35,776 to €101,833
- Trade debts +€396,109
up €396,109 (+180%), from €219,848 to €615,957
- Short-term financial debts +€75,000
new in 2025: €75,000
- Debts after one year -€50,000
down €50,000 (-100%), from €50,000 to €0
- Taxes -€5,535
down €5,535 (-54.6%), from €10,134 to €4,599
- Financial charges +€4,944
up €4,944 (+2,145%), from €231 to €5,175
- Depreciation +€4,450
up €4,450 (+177%), from €2,509 to €6,959
- Gross operating margin +€3,475
up €3,475 (+17.9%), from €19,435 to €22,910
- Other operating charges +€362
up €362 (+44.8%), from €808 to €1,170
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 | €434,573 | €865,399 | +€430,826 | +99.1% |
| Fixed assets | 21/28 | €21,202 | €19,085 | -€2,117 | -10.0% |
| Tangible fixed assets | 22/27 | €21,202 | €19,085 | -€2,117 | -10.0% |
| Plant, machinery and equipment | 23 | €2,788 | €2,230 | -€558 | -20.0% |
| Furniture and vehicles | 24 | €14,202 | €9,498 | -€4,704 | -33.1% |
| Other tangible fixed assets | 26 | €4,212 | €7,356 | +€3,145 | +74.7% |
| Current assets | 29/58 | €413,371 | €846,314 | +€432,943 | +105% |
| Stocks and contracts in progress | 3 | €35,776 | €101,833 | +€66,058 | +185% |
| Stocks | 30/36 | €35,776 | €101,833 | +€66,058 | +185% |
| Amounts receivable within one year | 40/41 | €227,000 | €724,867 | +€497,867 | +219% |
| Trade receivables | 40 | €159,376 | €665,550 | +€506,174 | +318% |
| Other amounts receivable | 41 | €67,624 | €59,317 | -€8,307 | -12.3% |
| Cash at bank and in hand | 54/58 | €150,595 | €19,614 | -€130,981 | -87.0% |
| Total equity and liabilities | 10/49 | €434,573 | €865,399 | +€430,826 | +99.1% |
| Equity | 10/15 | €156,316 | €161,323 | +€5,007 | +3.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €137,716 | €142,723 | +€5,007 | +3.6% |
| Distributable reserves | 133 | €137,716 | €142,723 | +€5,007 | +3.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €278,257 | €704,076 | +€425,819 | +153% |
| Amounts payable after more than one year | 17 | €50,000 | €0 | -€50,000 | -100% |
| Other amounts payable | 178/9 | €50,000 | €0 | -€50,000 | -100% |
| Amounts payable within one year | 42/48 | €228,257 | €700,439 | +€472,182 | +207% |
| Financial debts | 43 | - | €75,000 | +€75,000 | |
| Credit institutions | 430/8 | - | €75,000 | +€75,000 | |
| Trade debts | 44 | €219,848 | €615,957 | +€396,109 | +180% |
| Suppliers | 440/4 | €219,848 | €615,957 | +€396,109 | +180% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €8,410 | €9,482 | +€1,072 | +12.8% |
| Accrued charges and deferred income | 492/3 | - | €3,637 | +€3,637 | |
| Non-recurring operating income | 76A | - | €32,265 | +€32,265 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,509 | €6,959 | +€4,450 | +177% |
| Other operating charges | 640/8 | €808 | €1,170 | +€362 | +44.8% |
| Gross operating margin | 9900 | €19,435 | €22,910 | +€3,475 | +17.9% |
| Operating profit (loss) | 9901 | €16,117 | €14,781 | -€1,336 | -8.3% |
| Financial income | 75/76B | €15 | €0 | -€15 | -98.0% |
| Recurring financial income | 75 | €15 | €0 | -€15 | -98.0% |
| Financial charges | 65/66B | €231 | €5,175 | +€4,944 | +2,145% |
| Recurring financial charges | 65 | €231 | €5,175 | +€4,944 | +2,145% |
| Profit (loss) for the period before taxes | 9903 | €15,902 | €9,606 | -€6,296 | -39.6% |
| Income taxes | 67/77 | €10,134 | €4,599 | -€5,535 | -54.6% |
| Profit (loss) for the period | 9904 | €5,768 | €5,007 | -€761 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,768 | €5,007 | -€761 | -13.2% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.