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LUCKINOX: 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.

What changed

LUCKINOX

BE 0807.663.372
NACE 25.110, Manufacture of metal structures and parts of structures
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€14,271
2024 · €138,658-€152,929
Equity
€138,248
2024 · €238,543-€100,295
Cash
€36,736
2024 · €76,418-€39,682
Balance sheet total
€235,315
2024 · €252,906-€17,591

Largest movements

2024 to 2025
Assets
  • Cash -€39,682

    down €39,682 (-51.9%), from €76,418 to €36,736

    mainly Contributions, distributions and other (-€86,024) and Current investments (-€25,000)

  • Current investments +€25,000

    up €25,000 (+16.7%), from €150,000 to €175,000

  • Tangible fixed assets -€2,892

    down €2,892 (-20.6%), from €14,027 to €11,135

    of which Plant, machinery and equipment: -€1,834

Equity and liabilities
  • Reserves -€85,851

    down €85,851 (-38.2%), from €224,843 to €138,992

  • Other debts +€85,794

    up €85,794 (+23936.8%), from €358 to €86,153

  • Profit (loss) carried forward -€14,271

    new in 2025: -€14,271

  • Trade debts -€3,328

    down €3,328 (-86.5%), from €3,849 to €521

Income statement
  • Gross operating margin -€219,110

    down €219,110, from €208,935 to -€10,175

  • Taxes -€63,517

    down €63,517 (-99.6%), from €63,756 to €238

  • Depreciation -€2,921

    down €2,921 (-45.5%), from €6,415 to €3,494

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €138,658
Gross operating margin -€219,110
Depreciation +€2,921
Other operating charges +€713
Other operating items -€179
Financial income -€1,030
Financial charges +€239
Taxes +€63,517
Result 2025 -€14,271

Cash bridge derived

cash 2024 to 2025

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.

From operations +€71,944
Investment -€25,602
Financing -€86,024
Cash 2024 €76,418
Net result for the year -€14,271
Depreciation +€3,494
Receivables within one year +€655
Deferred charges and accrued income -€638
Trade debts -€3,328
Tax, wage and social debts +€237
Other debts +€85,794
Investment in fixed assets (net) -€602
Current investments -€25,000
Contributions, distributions and other -€86,024
Cash 2025 €36,736
Every line side by side 41 lines
Line Code 2024 2025 Change %
Total assets 20/58 €252,906 €235,315 -€17,591 -7.0%
Fixed assets 21/28 €14,027 €11,135 -€2,892 -20.6%
Tangible fixed assets 22/27 €14,027 €11,135 -€2,892 -20.6%
Land and buildings 22 €10,911 €9,457 -€1,454 -13.3%
Plant, machinery and equipment 23 €3,052 €1,218 -€1,834 -60.1%
Furniture and vehicles 24 €64 €459 +€395 +615.5%
Current assets 29/58 €238,878 €224,180 -€14,698 -6.2%
Amounts receivable within one year 40/41 €9,860 €9,205 -€655 -6.6%
Trade receivables 40 €9,765 €3,707 -€6,058 -62.0%
Other amounts receivable 41 €94 €5,498 +€5,404 +5721.6%
Current investments 50/53 €150,000 €175,000 +€25,000 +16.7%
Cash at bank and in hand 54/58 €76,418 €36,736 -€39,682 -51.9%
Deferred charges and accrued income 490/1 €2,601 €3,239 +€638 +24.5%
Total equity and liabilities 10/49 €252,906 €235,315 -€17,591 -7.0%
Equity 10/15 €238,543 €138,248 -€100,295 -42.0%
Contributions 10/11 €12,400 €12,400 = 0.0%
Reserves 13 €224,843 €138,992 -€85,851 -38.2%
Distributable reserves 133 €224,843 €138,992 -€85,851 -38.2%
Profit (loss) carried forward 14 - -€14,271 -€14,271
Investment grants 15 €1,300 €1,127 -€173 -13.3%
Amounts payable 17/49 €14,363 €97,067 +€82,704 +575.8%
Amounts payable within one year 42/48 €14,363 €97,067 +€82,704 +575.8%
Trade debts 44 €3,849 €521 -€3,328 -86.5%
Suppliers 440/4 €3,849 €521 -€3,328 -86.5%
Taxes, remuneration and social security 45 €10,156 €10,393 +€237 +2.3%
Taxes 450/3 €10,156 €10,393 +€237 +2.3%
Other amounts payable 47/48 €358 €86,153 +€85,794 +23936.8%
Non-recurring operating income 76A €202,080 - -€202,080
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,415 €3,494 -€2,921 -45.5%
Other operating charges 640/8 €3,989 €3,276 -€713 -17.9%
Non-recurring operating charges 66A - €179 +€179
Gross operating margin 9900 €208,935 -€10,175 -€219,110
Operating profit (loss) 9901 €198,531 -€17,124 -€215,656
Financial income 75/76B €4,165 €3,135 -€1,030 -24.7%
Recurring financial income 75 €4,165 €3,135 -€1,030 -24.7%
Financial charges 65/66B €283 €43 -€239 -84.6%
Recurring financial charges 65 €283 €43 -€239 -84.6%
Profit (loss) for the period before taxes 9903 €202,414 -€14,033 -€216,447
Income taxes 67/77 €63,756 €238 -€63,517 -99.6%
Profit (loss) for the period 9904 €138,658 -€14,271 -€152,929
Profit (loss) for the period to be appropriated 9905 €138,658 -€14,271 -€152,929

Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.