ST LUCQ: 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.
ST LUCQ
Largest movements
- Receivables within one year +€7,082
up €7,082 (+244%), from €2,903 to €9,985
of which Trade receivables: +€5,468
- Cash +€3,691
up €3,691 (+5.6%), from €65,384 to €69,075
mainly Depreciation (+€12,804) and Other debts (+€7,886)
- Other debts +€7,886
up €7,886 (+21.7%), from €36,271 to €44,157
- Reserves +€6,695
up €6,695 (+16.5%), from €40,550 to €47,245
- Tax, wage and social debts -€1,120
down €1,120 (-33.4%), from €3,351 to €2,231
- Gross operating margin -€7,260
down €7,260 (-21.9%), from €33,189 to €25,930
- Financial charges -€3,447
down €3,447 (-52.9%), from €6,511 to €3,064
- Taxes -€1,543
down €1,543 (-37.4%), from €4,126 to €2,584
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 | €98,624 | €110,476 | +€11,852 | +12.0% |
| Fixed assets | 21/28 | €29,573 | €30,600 | +€1,027 | +3.5% |
| Tangible fixed assets | 22/27 | €29,573 | €30,600 | +€1,027 | +3.5% |
| Plant, machinery and equipment | 23 | €1,100 | €6,280 | +€5,180 | +471% |
| Furniture and vehicles | 24 | €28,472 | €24,320 | -€4,152 | -14.6% |
| Current assets | 29/58 | €69,051 | €79,875 | +€10,824 | +15.7% |
| Amounts receivable within one year | 40/41 | €2,903 | €9,985 | +€7,082 | +244% |
| Trade receivables | 40 | €2,148 | €7,616 | +€5,468 | +255% |
| Other amounts receivable | 41 | €755 | €2,369 | +€1,614 | +214% |
| Cash at bank and in hand | 54/58 | €65,384 | €69,075 | +€3,691 | +5.6% |
| Deferred charges and accrued income | 490/1 | €765 | €815 | +€50 | +6.6% |
| Total equity and liabilities | 10/49 | €98,624 | €110,476 | +€11,852 | +12.0% |
| Equity | 10/15 | €53,803 | €59,669 | +€5,866 | +10.9% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €40,550 | €47,245 | +€6,695 | +16.5% |
| Distributable reserves | 133 | €40,550 | €47,245 | +€6,695 | +16.5% |
| Profit (loss) carried forward | 14 | €8,253 | €7,424 | -€829 | -10.0% |
| Amounts payable | 17/49 | €44,821 | €50,807 | +€5,986 | +13.4% |
| Amounts payable within one year | 42/48 | €41,959 | €48,019 | +€6,060 | +14.4% |
| Trade debts | 44 | €2,336 | €1,631 | -€706 | -30.2% |
| Suppliers | 440/4 | €2,336 | €1,631 | -€706 | -30.2% |
| Taxes, remuneration and social security | 45 | €3,351 | €2,231 | -€1,120 | -33.4% |
| Taxes | 450/3 | €3,351 | €2,231 | -€1,120 | -33.4% |
| Other amounts payable | 47/48 | €36,271 | €44,157 | +€7,886 | +21.7% |
| Accrued charges and deferred income | 492/3 | €2,863 | €2,788 | -€75 | -2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,108 | €12,804 | -€304 | -2.3% |
| Other operating charges | 640/8 | €631 | €780 | +€149 | +23.5% |
| Gross operating margin | 9900 | €33,189 | €25,930 | -€7,260 | -21.9% |
| Operating profit (loss) | 9901 | €19,451 | €12,346 | -€7,105 | -36.5% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €6,511 | €3,064 | -€3,447 | -52.9% |
| Recurring financial charges | 65 | €6,511 | €3,064 | -€3,447 | -52.9% |
| Profit (loss) for the period before taxes | 9903 | €12,940 | €9,283 | -€3,657 | -28.3% |
| Income taxes | 67/77 | €4,126 | €2,584 | -€1,543 | -37.4% |
| Profit (loss) for the period | 9904 | €8,814 | €6,699 | -€2,115 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,814 | €6,699 | -€2,115 | -24.0% |
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 13 October 2026 via checked.be.