LUC PHILIPS: 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.
LUC PHILIPS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Gross operating margin -€15,867
down €15,867 (-93.1%), from €17,044 to €1,177
- Financial charges -€3,557
down €3,557 (-99.2%), from €3,587 to €30
- Taxes -€3,023
down €3,023 (-93.2%), from €3,243 to €221
- Other operating charges -€967
down €967 (-74.2%), from €1,304 to €337
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,161,044 | €3,141,211 | -€19,833 | -0.6% |
| Fixed assets | 21/28 | €3,100,000 | €3,100,000 | = | 0.0% |
| Financial fixed assets | 28 | €3,100,000 | €3,100,000 | = | 0.0% |
| Current assets | 29/58 | €61,044 | €41,211 | -€19,833 | -32.5% |
| Amounts receivable within one year | 40/41 | €52,543 | €31,904 | -€20,638 | -39.3% |
| Trade receivables | 40 | €52,543 | €27,945 | -€24,598 | -46.8% |
| Other amounts receivable | 41 | - | €3,959 | +€3,959 | |
| Cash at bank and in hand | 54/58 | €8,501 | €9,306 | +€805 | +9.5% |
| Total equity and liabilities | 10/49 | €3,161,044 | €3,141,211 | -€19,833 | -0.6% |
| Equity | 10/15 | €2,859,503 | €2,860,092 | +€589 | 0.0% |
| Contributions | 10/11 | €1,562,400 | €1,562,400 | = | 0.0% |
| Reserves | 13 | €181,506 | €181,506 | = | 0.0% |
| Non-distributable reserves | 130/1 | €43,436 | €43,436 | = | 0.0% |
| Reserves not available under the articles | 1311 | €43,436 | €43,436 | = | 0.0% |
| Distributable reserves | 133 | €138,070 | €138,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,115,596 | €1,116,185 | +€589 | +0.1% |
| Amounts payable | 17/49 | €301,541 | €281,119 | -€20,422 | -6.8% |
| Amounts payable within one year | 42/48 | €301,541 | €281,119 | -€20,422 | -6.8% |
| Trade debts | 44 | €33,193 | €16,306 | -€16,887 | -50.9% |
| Suppliers | 440/4 | €33,193 | €16,306 | -€16,887 | -50.9% |
| Taxes, remuneration and social security | 45 | €6,999 | €3,464 | -€3,535 | -50.5% |
| Taxes | 450/3 | €6,999 | €3,464 | -€3,535 | -50.5% |
| Other amounts payable | 47/48 | €261,348 | €261,348 | = | 0.0% |
| Other operating charges | 640/8 | €1,304 | €337 | -€967 | -74.2% |
| Gross operating margin | 9900 | €17,044 | €1,177 | -€15,867 | -93.1% |
| Operating profit (loss) | 9901 | €15,740 | €840 | -€14,900 | -94.7% |
| Financial charges | 65/66B | €3,587 | €30 | -€3,557 | -99.2% |
| Recurring financial charges | 65 | €3,587 | €30 | -€3,557 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €12,153 | €810 | -€11,343 | -93.3% |
| Income taxes | 67/77 | €3,243 | €221 | -€3,023 | -93.2% |
| Profit (loss) for the period | 9904 | €8,910 | €589 | -€8,320 | -93.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,910 | €589 | -€8,320 | -93.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.