KRIS LUYCKX: 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.
KRIS LUYCKX
Largest movements
- Cash +€57,432
up €57,432 (+45.9%), from €125,080 to €182,513
mainly Other debts (+€25,130) and Depreciation (+€21,018)
- Tangible fixed assets -€21,018
down €21,018 (-42.8%), from €49,140 to €28,122
of which Furniture and vehicles: -€18,273
- Receivables within one year -€5,280
down €5,280 (-40.3%), from €13,096 to €7,816
of which Trade receivables: -€4,564
- Other debts +€25,130
up €25,130 (+31.3%), from €80,271 to €105,400
- Reserves +€7,151
up €7,151 (+7.8%), from €92,257 to €99,408
- Tax, wage and social debts -€2,836
down €2,836 (-71.3%), from €3,979 to €1,143
- Gross operating margin +€23,127
up €23,127 (+188%), from €12,320 to €35,446
- Financial charges +€1,958
up €1,958 (+41.8%), from €4,687 to €6,645
- Depreciation +€1,691
up €1,691 (+8.8%), from €19,327 to €21,018
- Financial income +€1,530
new in 2025: €1,530
- Taxes +€967
up €967 (+466%), from €208 to €1,175
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 | €187,576 | €219,013 | +€31,437 | +16.8% |
| Fixed assets | 21/28 | €49,140 | €28,122 | -€21,018 | -42.8% |
| Tangible fixed assets | 22/27 | €49,140 | €28,122 | -€21,018 | -42.8% |
| Plant, machinery and equipment | 23 | €8,202 | €5,458 | -€2,745 | -33.5% |
| Furniture and vehicles | 24 | €40,938 | €22,664 | -€18,273 | -44.6% |
| Current assets | 29/58 | €138,436 | €190,891 | +€52,456 | +37.9% |
| Amounts receivable within one year | 40/41 | €13,096 | €7,816 | -€5,280 | -40.3% |
| Trade receivables | 40 | €6,304 | €1,739 | -€4,564 | -72.4% |
| Other amounts receivable | 41 | €6,792 | €6,077 | -€716 | -10.5% |
| Cash at bank and in hand | 54/58 | €125,080 | €182,513 | +€57,432 | +45.9% |
| Deferred charges and accrued income | 490/1 | €259 | €563 | +€303 | +117% |
| Total equity and liabilities | 10/49 | €187,576 | €219,013 | +€31,437 | +16.8% |
| Equity | 10/15 | €98,457 | €105,608 | +€7,151 | +7.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €92,257 | €99,408 | +€7,151 | +7.8% |
| Distributable reserves | 133 | €92,257 | €99,408 | +€7,151 | +7.8% |
| Amounts payable | 17/49 | €89,119 | €113,405 | +€24,286 | +27.3% |
| Amounts payable within one year | 42/48 | €84,579 | €106,832 | +€22,253 | +26.3% |
| Trade debts | 44 | €329 | €289 | -€41 | -12.3% |
| Suppliers | 440/4 | €329 | €289 | -€41 | -12.3% |
| Taxes, remuneration and social security | 45 | €3,979 | €1,143 | -€2,836 | -71.3% |
| Taxes | 450/3 | €3,979 | €1,143 | -€2,836 | -71.3% |
| Other amounts payable | 47/48 | €80,271 | €105,400 | +€25,130 | +31.3% |
| Accrued charges and deferred income | 492/3 | €4,540 | €6,573 | +€2,033 | +44.8% |
| Non-recurring operating income | 76A | €1,300 | €0 | -€1,300 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,327 | €21,018 | +€1,691 | +8.8% |
| Other operating charges | 640/8 | €899 | €987 | +€88 | +9.8% |
| Gross operating margin | 9900 | €12,320 | €35,446 | +€23,127 | +188% |
| Operating profit (loss) | 9901 | -€7,906 | €13,441 | +€21,347 | |
| Financial income | 75/76B | - | €1,530 | +€1,530 | |
| Recurring financial income | 75 | - | €1,530 | +€1,530 | |
| Financial charges | 65/66B | €4,687 | €6,645 | +€1,958 | +41.8% |
| Recurring financial charges | 65 | €4,687 | €6,645 | +€1,958 | +41.8% |
| Profit (loss) for the period before taxes | 9903 | -€12,593 | €8,326 | +€20,919 | |
| Income taxes | 67/77 | €208 | €1,175 | +€967 | +466% |
| Profit (loss) for the period | 9904 | -€12,801 | €7,151 | +€19,952 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,801 | €7,151 | +€19,952 |
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 31 October 2026 via checked.be.