Beenhouwerij Luc: 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.
Beenhouwerij Luc
Largest movements
- Tangible fixed assets +€256,181
up €256,181 (+94.1%), from €272,338 to €528,519
of which Land and buildings: +€264,217
- Cash -€28,972
down €28,972 (-25.6%), from €113,337 to €84,364
mainly Investment in fixed assets (net) (-€318,113) and Contributions, distributions and other (-€76,511)
- Receivables within one year -€13,347
down €13,347 (-47.7%), from €27,953 to €14,606
of which Trade receivables: -€12,968
- Receivables after one year -€9,000
down €9,000 (-50.0%), from €18,000 to €9,000
- Debts after one year +€233,087
up €233,087 (+214%), from €108,857 to €341,944
- Other debts -€36,273
down €36,273 (-98.3%), from €36,918 to €645
- Current portion of long-term debt +€25,306
up €25,306 (+169%), from €15,009 to €40,315
- Trade debts -€16,761
down €16,761 (-44.1%), from €37,981 to €21,220
- Gross operating margin +€34,591
up €34,591 (+9.9%), from €350,689 to €385,280
- Financial charges +€17,099
up €17,099 (+343%), from €4,989 to €22,087
- Depreciation +€9,341
up €9,341 (+17.9%), from €52,305 to €61,646
- Staff costs +€6,581
up €6,581 (+3.5%), from €186,163 to €192,745
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 | €438,137 | €647,901 | +€209,764 | +47.9% |
| Fixed assets | 21/28 | €272,849 | €529,316 | +€256,467 | +94.0% |
| Tangible fixed assets | 22/27 | €272,338 | €528,519 | +€256,181 | +94.1% |
| Land and buildings | 22 | €203,046 | €467,263 | +€264,217 | +130% |
| Plant, machinery and equipment | 23 | €57,618 | €59,612 | +€1,994 | +3.5% |
| Furniture and vehicles | 24 | €11,675 | €1,644 | -€10,030 | -85.9% |
| Financial fixed assets | 28 | €511 | €797 | +€287 | +56.1% |
| Current assets | 29/58 | €165,288 | €118,585 | -€46,703 | -28.3% |
| Amounts receivable after more than one year | 29 | €18,000 | €9,000 | -€9,000 | -50.0% |
| Other amounts receivable | 291 | €18,000 | €9,000 | -€9,000 | -50.0% |
| Stocks and contracts in progress | 3 | €2,884 | €2,612 | -€272 | -9.4% |
| Stocks | 30/36 | €2,884 | €2,612 | -€272 | -9.4% |
| Amounts receivable within one year | 40/41 | €27,953 | €14,606 | -€13,347 | -47.7% |
| Trade receivables | 40 | €25,416 | €12,448 | -€12,968 | -51.0% |
| Other amounts receivable | 41 | €2,537 | €2,157 | -€380 | -15.0% |
| Current investments | 50/53 | - | €5,400 | +€5,400 | |
| Cash at bank and in hand | 54/58 | €113,337 | €84,364 | -€28,972 | -25.6% |
| Deferred charges and accrued income | 490/1 | €3,115 | €2,603 | -€512 | -16.4% |
| Total equity and liabilities | 10/49 | €438,137 | €647,901 | +€209,764 | +47.9% |
| Equity | 10/15 | €213,105 | €213,122 | +€18 | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,505 | €194,522 | +€18 | 0.0% |
| Distributable reserves | 133 | €194,505 | €194,522 | +€18 | 0.0% |
| Amounts payable | 17/49 | €225,033 | €434,779 | +€209,747 | +93.2% |
| Amounts payable after more than one year | 17 | €108,857 | €341,944 | +€233,087 | +214% |
| Financial debts | 170/4 | €108,857 | €341,944 | +€233,087 | +214% |
| Amounts payable within one year | 42/48 | €116,175 | €92,835 | -€23,341 | -20.1% |
| Current portion of amounts payable after more than one year | 42 | €15,009 | €40,315 | +€25,306 | +169% |
| Trade debts | 44 | €37,981 | €21,220 | -€16,761 | -44.1% |
| Suppliers | 440/4 | €37,981 | €21,220 | -€16,761 | -44.1% |
| Taxes, remuneration and social security | 45 | €26,268 | €30,655 | +€4,387 | +16.7% |
| Taxes | 450/3 | €7,184 | €12,566 | +€5,381 | +74.9% |
| Remuneration and social security | 454/9 | €19,083 | €18,089 | -€994 | -5.2% |
| Other amounts payable | 47/48 | €36,918 | €645 | -€36,273 | -98.3% |
| Non-recurring operating income | 76A | - | €10,151 | +€10,151 | |
| Remuneration, social security and pensions | 62 | €186,163 | €192,745 | +€6,581 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,305 | €61,646 | +€9,341 | +17.9% |
| Other operating charges | 640/8 | €2,666 | €3,038 | +€372 | +14.0% |
| Gross operating margin | 9900 | €350,689 | €385,280 | +€34,591 | +9.9% |
| Operating profit (loss) | 9901 | €109,556 | €127,852 | +€18,296 | +16.7% |
| Financial income | 75/76B | €537 | €285 | -€251 | -46.9% |
| Recurring financial income | 75 | €537 | €285 | -€251 | -46.9% |
| Financial charges | 65/66B | €4,989 | €22,087 | +€17,099 | +343% |
| Recurring financial charges | 65 | €4,989 | €22,087 | +€17,099 | +343% |
| Profit (loss) for the period before taxes | 9903 | €105,103 | €106,050 | +€946 | +0.9% |
| Income taxes | 67/77 | €30,065 | €29,521 | -€544 | -1.8% |
| Profit (loss) for the period | 9904 | €75,038 | €76,528 | +€1,490 | +2.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,038 | €76,528 | +€1,490 | +2.0% |
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 27 October 2026 via checked.be.