E.LUQUE: what changed
Two fiscal 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.
E.LUQUE
Largest movements
- Cash +€10,732
up €10,732 (+26.4%), from €40,665 to €51,397
mainly Other debts (+€53,694) and Net result for the year (+€45,525)
- Tangible fixed assets -€8,519
down €8,519 (-8.6%), from €98,866 to €90,347
- Other debts +€53,694
up €53,694 (+114.0%), from €47,090 to €100,783
- Profit (loss) carried forward -€42,066
down €42,066 (-100.0%), from €42,066 to €0
- Debts after one year -€10,630
down €10,630 (-31.5%), from €33,700 to €23,070
- Gross operating margin +€4,773
up €4,773 (+7.0%), from €68,007 to €72,780
- Taxes +€1,270
up €1,270 (+8.3%), from €15,226 to €16,496
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.
Cash bridge derived
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 | €155,314 | €158,202 | +€2,889 | +1.9% |
| Fixed assets | 21/28 | €98,866 | €90,347 | -€8,519 | -8.6% |
| Tangible fixed assets | 22/27 | €98,866 | €90,347 | -€8,519 | -8.6% |
| Land and buildings | 22 | €98,866 | €90,347 | -€8,519 | -8.6% |
| Current assets | 29/58 | €56,448 | €67,855 | +€11,408 | +20.2% |
| Amounts receivable within one year | 40/41 | €5,881 | €6,534 | +€653 | +11.1% |
| Trade receivables | 40 | €1,107 | - | -€1,107 | |
| Other amounts receivable | 41 | €4,774 | €6,534 | +€1,760 | +36.9% |
| Cash at bank and in hand | 54/58 | €40,665 | €51,397 | +€10,732 | +26.4% |
| Deferred charges and accrued income | 490/1 | €9,902 | €9,924 | +€22 | +0.2% |
| Total equity and liabilities | 10/49 | €155,314 | €158,202 | +€2,889 | +1.9% |
| Equity | 10/15 | €62,526 | €20,460 | -€42,066 | -67.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,066 | €0 | -€42,066 | -100.0% |
| Amounts payable | 17/49 | €92,788 | €137,742 | +€44,954 | +48.4% |
| Amounts payable after more than one year | 17 | €33,700 | €23,070 | -€10,630 | -31.5% |
| Financial debts | 170/4 | €33,700 | €23,070 | -€10,630 | -31.5% |
| Amounts payable within one year | 42/48 | €58,988 | €114,595 | +€55,607 | +94.3% |
| Current portion of amounts payable after more than one year | 42 | €11,203 | €11,503 | +€301 | +2.7% |
| Trade debts | 44 | €693 | €1,798 | +€1,105 | +159.4% |
| Suppliers | 440/4 | €693 | €1,798 | +€1,105 | +159.4% |
| Taxes, remuneration and social security | 45 | €3 | €511 | +€507 | +16263.8% |
| Taxes | 450/3 | €3 | €511 | +€507 | +16263.8% |
| Other amounts payable | 47/48 | €47,090 | €100,783 | +€53,694 | +114.0% |
| Accrued charges and deferred income | 492/3 | €99 | €76 | -€23 | -23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,519 | €8,519 | +€0 | 0.0% |
| Other operating charges | 640/8 | €986 | €1,009 | +€23 | +2.3% |
| Gross operating margin | 9900 | €68,007 | €72,780 | +€4,773 | +7.0% |
| Operating profit (loss) | 9901 | €58,501 | €63,251 | +€4,750 | +8.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,668 | €1,230 | -€438 | -26.3% |
| Recurring financial charges | 65 | €1,668 | €1,230 | -€438 | -26.3% |
| Profit (loss) for the period before taxes | 9903 | €56,834 | €62,022 | +€5,188 | +9.1% |
| Income taxes | 67/77 | €15,226 | €16,496 | +€1,270 | +8.3% |
| Profit (loss) for the period | 9904 | €41,608 | €45,525 | +€3,918 | +9.4% |
| Profit (loss) for the period to be appropriated | 9905 | €41,608 | €45,525 | +€3,918 | +9.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.