LUC VAN CANEGHEM: what changed
LUC VAN CANEGHEM
Largest movements
- Cash +€68,166
up €68,166 (+60.3%), from €112,955 to €181,121
mainly Current investments (+€59,558) and Net result for the year (+€44,619)
- Current investments -€59,558
down €59,558 (-38.6%), from €154,169 to €94,611
- Receivables within one year +€9,818
up €9,818 (+40.0%), from €24,573 to €34,391
of which Trade receivables: +€7,796
- Reserves +€16,360
up €16,360 (+6.1%), from €268,575 to €284,935
of which Distributable reserves: +€16,360
- Gross operating margin -€5,947
down €5,947 (-8.4%), from €71,040 to €65,093
- Taxes -€1,529
down €1,529 (-8.1%), from €18,930 to €17,400
- Financial income +€1,411
up €1,411 (+251%), from €562 to €1,973
- Other operating charges +€1,188
up €1,188 (+251%), from €473 to €1,661
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 | €299,632 | €317,149 | +€17,517 | +5.8% |
| Fixed assets | 21/28 | €4,914 | €2,925 | -€1,989 | -40.5% |
| Tangible fixed assets | 22/27 | €4,914 | €2,925 | -€1,989 | -40.5% |
| Furniture and vehicles | 24 | €4,914 | €2,925 | -€1,989 | -40.5% |
| Current assets | 29/58 | €294,719 | €314,224 | +€19,506 | +6.6% |
| Amounts receivable within one year | 40/41 | €24,573 | €34,391 | +€9,818 | +40.0% |
| Trade receivables | 40 | €17,367 | €25,163 | +€7,796 | +44.9% |
| Other amounts receivable | 41 | €7,206 | €9,228 | +€2,022 | +28.1% |
| Current investments | 50/53 | €154,169 | €94,611 | -€59,558 | -38.6% |
| Cash at bank and in hand | 54/58 | €112,955 | €181,121 | +€68,166 | +60.3% |
| Deferred charges and accrued income | 490/1 | €3,021 | €4,101 | +€1,080 | +35.8% |
| Total equity and liabilities | 10/49 | €299,632 | €317,149 | +€17,517 | +5.8% |
| Equity | 10/15 | €281,054 | €297,422 | +€16,369 | +5.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €268,575 | €284,935 | +€16,360 | +6.1% |
| Non-distributable reserves | 130/1 | €1,935 | €1,935 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,935 | €1,935 | = | 0.0% |
| Distributable reserves | 133 | €266,640 | €283,000 | +€16,360 | +6.1% |
| Profit (loss) carried forward | 14 | €79 | €87 | +€9 | +11.1% |
| Amounts payable | 17/49 | €18,579 | €19,727 | +€1,148 | +6.2% |
| Amounts payable within one year | 42/48 | €18,579 | €19,727 | +€1,148 | +6.2% |
| Trade debts | 44 | €205 | €658 | +€453 | +221% |
| Suppliers | 440/4 | €205 | €658 | +€453 | +221% |
| Taxes, remuneration and social security | 45 | €18,374 | €19,069 | +€695 | +3.8% |
| Taxes | 450/3 | €18,374 | €19,069 | +€695 | +3.8% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,488 | €2,537 | +€49 | +2.0% |
| Other operating charges | 640/8 | €473 | €1,661 | +€1,188 | +251% |
| Gross operating margin | 9900 | €71,040 | €65,093 | -€5,947 | -8.4% |
| Operating profit (loss) | 9901 | €68,078 | €60,895 | -€7,184 | -10.6% |
| Financial income | 75/76B | €562 | €1,973 | +€1,411 | +251% |
| Recurring financial income | 75 | €562 | €1,973 | +€1,411 | +251% |
| Financial charges | 65/66B | €1,010 | €848 | -€162 | -16.0% |
| Recurring financial charges | 65 | €1,010 | €848 | -€162 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €67,630 | €62,019 | -€5,611 | -8.3% |
| Income taxes | 67/77 | €18,930 | €17,400 | -€1,529 | -8.1% |
| Profit (loss) for the period | 9904 | €48,701 | €44,619 | -€4,082 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €48,701 | €44,619 | -€4,082 | -8.4% |
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 6 November 2026 via checked.be.