AbstractMetal‐containing liquid crystals such as Ln(III) complexes possess unique structural, liquid‐crystalline (LC), optical, and magnetic properties and represent modern cutting‐edge multifunctional materials. Application of mesogenic Ln(III) complexes is hindered by their nontrivial structure–property relationships. These relationships, in turn, depend on various factors, including insufficiently studied physicochemical processes. Although a proper Ln(III) element and the respective ligand environment are selected prior to synthesis of such complexes, the structural features of the coordination polyhedra, especially upon photoexcitation, are not uniquely defined. Therefore, this work focuses on the development of theoretical approaches to creating multifunctional materials represented by highly luminescent mesogenic Eu(III) complexes with β‐diketones and Lewis bases. The relationships between their structure, the parameters of Voronoi–Dirichlet polyhedra, the luminescence efficiency, and the LC properties were considered. The calculated excited states and intramolecular energy transfer rates were used to determine intramolecular energy transfer channels. The LC behavior of the studied materials was shown to mainly depend on the ligand environment, whereas their optical properties were found to be mostly governed by the coordination polyhedra.