LUANCA: 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.
LUANCA
Largest movements
- Cash +€3,190
up €3,190 (+15.6%), from €20,395 to €23,585
mainly Net result for the year (+€9,104) and Trade debts (+€2,592)
- Deferred charges and accrued income +€2,927
up €2,927 (+391%), from €749 to €3,676
- Receivables within one year -€940
down €940 (-83.9%), from €1,121 to €180
of which Other amounts receivable: -€776
- Tangible fixed assets -€808
down €808 (-5.5%), from €14,764 to €13,957
- Profit (loss) carried forward +€9,104
up €9,104 (+15.0%), from -€60,894 to -€51,790
- Other debts -€7,514
down €7,514 (-39.6%), from €18,958 to €11,444
- Trade debts +€2,592
up €2,592 (+261%), from €993 to €3,584
- Gross operating margin +€11,968
up €11,968, from -€1,695 to €10,273
- Depreciation -€474
down €474 (-37.0%), from €1,281 to €808
- Other operating charges -€122
no longer reported in 2025 (was €122)
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 | €37,078 | €41,447 | +€4,369 | +11.8% |
| Fixed assets | 21/28 | €14,814 | €14,006 | -€808 | -5.5% |
| Tangible fixed assets | 22/27 | €14,764 | €13,957 | -€808 | -5.5% |
| Land and buildings | 22 | €14,764 | €13,957 | -€808 | -5.5% |
| Financial fixed assets | 28 | €49 | €49 | = | 0.0% |
| Current assets | 29/58 | €22,264 | €27,441 | +€5,176 | +23.2% |
| Amounts receivable within one year | 40/41 | €1,121 | €180 | -€940 | -83.9% |
| Trade receivables | 40 | €345 | €180 | -€165 | -47.7% |
| Other amounts receivable | 41 | €776 | - | -€776 | |
| Cash at bank and in hand | 54/58 | €20,395 | €23,585 | +€3,190 | +15.6% |
| Deferred charges and accrued income | 490/1 | €749 | €3,676 | +€2,927 | +391% |
| Total equity and liabilities | 10/49 | €37,078 | €41,447 | +€4,369 | +11.8% |
| Equity | 10/15 | -€46,993 | -€37,889 | +€9,104 | +19.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,501 | €1,501 | = | 0.0% |
| Distributable reserves | 133 | €1,501 | €1,501 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,894 | -€51,790 | +€9,104 | +15.0% |
| Amounts payable | 17/49 | €84,071 | €79,335 | -€4,735 | -5.6% |
| Amounts payable after more than one year | 17 | €60,000 | €60,000 | = | 0.0% |
| Financial debts | 170/4 | €60,000 | €60,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €24,071 | €19,155 | -€4,916 | -20.4% |
| Trade debts | 44 | €993 | €3,584 | +€2,592 | +261% |
| Suppliers | 440/4 | €993 | €3,584 | +€2,592 | +261% |
| Advances received on contracts in progress | 46 | €3,881 | €3,881 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €239 | €247 | +€7 | +3.0% |
| Taxes | 450/3 | €239 | €247 | +€7 | +3.0% |
| Other amounts payable | 47/48 | €18,958 | €11,444 | -€7,514 | -39.6% |
| Accrued charges and deferred income | 492/3 | - | €180 | +€180 | |
| Non-recurring operating income | 76A | - | €91 | +€91 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,281 | €808 | -€474 | -37.0% |
| Other operating charges | 640/8 | €122 | - | -€122 | |
| Gross operating margin | 9900 | -€1,695 | €10,273 | +€11,968 | |
| Operating profit (loss) | 9901 | -€3,098 | €9,466 | +€12,564 | |
| Financial income | 75/76B | €68 | €94 | +€27 | +39.5% |
| Recurring financial income | 75 | €68 | €94 | +€27 | +39.5% |
| Financial charges | 65/66B | €368 | €330 | -€38 | -10.2% |
| Recurring financial charges | 65 | €368 | €330 | -€38 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,399 | €9,229 | +€12,628 | |
| Income taxes | 67/77 | €122 | €125 | +€4 | +2.9% |
| Profit (loss) for the period | 9904 | -€3,521 | €9,104 | +€12,625 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,521 | €9,104 | +€12,625 |
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 17 October 2026 via checked.be.