Coating Service Luc: what changed
Coating Service Luc
Largest movements
- Receivables within one year +€114,411
up €114,411 (+272%), from €42,109 to €156,521
of which Trade receivables: +€92,117
- Deferred charges and accrued income -€44,548
down €44,548 (-73.4%), from €60,691 to €16,143
- Tangible fixed assets +€23,966
up €23,966 (+3.9%), from €614,130 to €638,097
of which Furniture and vehicles: +€35,496
- Cash -€22,641
down €22,641 (-12.6%), from €180,180 to €157,539
mainly Contributions, distributions and other (-€265,191) and Investment in fixed assets (net) (-€114,859)
- Debts after one year +€165,522
up €165,522 (+50.1%), from €330,419 to €495,941
- Other debts -€74,826
down €74,826 (-70.8%), from €105,680 to €30,854
- Current portion of long-term debt +€64,402
up €64,402 (+94.8%), from €67,965 to €132,367
- Reserves -€59,535
down €59,535 (-22.4%), from €265,191 to €205,656
- Tax, wage and social debts -€33,041
down €33,041 (-44.4%), from €74,354 to €41,314
- Gross operating margin -€123,756
down €123,756 (-25.5%), from €485,911 to €362,155
- Taxes -€41,868
down €41,868 (-46.5%), from €90,080 to €48,212
- Other operating charges -€6,535
down €6,535 (-44.6%), from €14,641 to €8,106
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €897,111 | €968,299 | +€71,189 | +7.9% |
| Fixed assets | 21/28 | €614,130 | €638,097 | +€23,966 | +3.9% |
| Tangible fixed assets | 22/27 | €614,130 | €638,097 | +€23,966 | +3.9% |
| Land and buildings | 22 | €430,223 | €406,414 | -€23,809 | -5.5% |
| Plant, machinery and equipment | 23 | €72,266 | €84,545 | +€12,279 | +17.0% |
| Furniture and vehicles | 24 | €111,641 | €147,138 | +€35,496 | +31.8% |
| Current assets | 29/58 | €282,980 | €330,202 | +€47,222 | +16.7% |
| Amounts receivable within one year | 40/41 | €42,109 | €156,521 | +€114,411 | +272% |
| Trade receivables | 40 | €41,240 | €133,357 | +€92,117 | +223% |
| Other amounts receivable | 41 | €869 | €23,164 | +€22,294 | +2,564% |
| Cash at bank and in hand | 54/58 | €180,180 | €157,539 | -€22,641 | -12.6% |
| Deferred charges and accrued income | 490/1 | €60,691 | €16,143 | -€44,548 | -73.4% |
| Total equity and liabilities | 10/49 | €897,111 | €968,299 | +€71,189 | +7.9% |
| Equity | 10/15 | €283,791 | €224,256 | -€59,535 | -21.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €265,191 | €205,656 | -€59,535 | -22.4% |
| Distributable reserves | 133 | €265,191 | €205,656 | -€59,535 | -22.4% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €613,320 | €744,043 | +€130,723 | +21.3% |
| Amounts payable after more than one year | 17 | €330,419 | €495,941 | +€165,522 | +50.1% |
| Financial debts | 170/4 | €330,419 | €495,941 | +€165,522 | +50.1% |
| Amounts payable within one year | 42/48 | €282,901 | €248,102 | -€34,799 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €67,965 | €132,367 | +€64,402 | +94.8% |
| Trade debts | 44 | €34,902 | €43,568 | +€8,666 | +24.8% |
| Suppliers | 440/4 | €34,902 | €43,568 | +€8,666 | +24.8% |
| Taxes, remuneration and social security | 45 | €74,354 | €41,314 | -€33,041 | -44.4% |
| Taxes | 450/3 | €74,354 | €41,314 | -€33,041 | -44.4% |
| Other amounts payable | 47/48 | €105,680 | €30,854 | -€74,826 | -70.8% |
| Non-recurring operating income | 76A | €22,447 | €11,695 | -€10,753 | -47.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,224 | €90,893 | +€2,669 | +3.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,522 | -€1,522 | |
| Other operating charges | 640/8 | €14,641 | €8,106 | -€6,535 | -44.6% |
| Gross operating margin | 9900 | €485,911 | €362,155 | -€123,756 | -25.5% |
| Operating profit (loss) | 9901 | €383,046 | €264,678 | -€118,368 | -30.9% |
| Financial income | 75/76B | €2,098 | €46 | -€2,053 | -97.8% |
| Recurring financial income | 75 | €2,098 | €46 | -€2,053 | -97.8% |
| Financial charges | 65/66B | €9,703 | €10,856 | +€1,153 | +11.9% |
| Recurring financial charges | 65 | €9,703 | €10,856 | +€1,153 | +11.9% |
| Profit (loss) for the period before taxes | 9903 | €375,441 | €253,868 | -€121,573 | -32.4% |
| Income taxes | 67/77 | €90,080 | €48,212 | -€41,868 | -46.5% |
| Profit (loss) for the period | 9904 | €285,362 | €205,656 | -€79,705 | -27.9% |
| Profit (loss) for the period to be appropriated | 9905 | €285,362 | €205,656 | -€79,705 | -27.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.