LUHKEE: 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.
LUHKEE
Largest movements
- Stocks and contracts +€27,000
up €27,000 (+41.5%), from €65,000 to €92,000
- Tangible fixed assets +€12,959
up €12,959 (+368.5%), from €3,517 to €16,476
- Cash +€11,329
up €11,329 (+218.4%), from €5,187 to €16,516
mainly Advances received (+€74,159) and Debts after one year (+€20,000)
- Receivables within one year +€3,120
up €3,120 (+23.6%), from €13,224 to €16,344
of which Other amounts receivable: +€7,431
- Advances received +€74,159
new in 2025: €74,159
- Debts after one year +€20,000
up €20,000 (+100.0%), from €20,000 to €40,000
- Trade debts -€19,209
down €19,209 (-83.8%), from €22,932 to €3,723
- Profit (loss) carried forward -€15,622
down €15,622 (-38.7%), from -€40,347 to -€55,968
- Other debts -€4,577
down €4,577 (-5.8%), from €79,000 to €74,423
- Gross operating margin -€71,803
down €71,803, from €62,707 to -€9,096
- Depreciation +€2,931
up €2,931 (+208.0%), from €1,409 to €4,341
- Other operating charges +€802
up €802 (+81.7%), from €981 to €1,783
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.
Cash bridge derived
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 | €86,928 | €141,337 | +€54,409 | +62.6% |
| Fixed assets | 21/28 | €3,517 | €16,476 | +€12,959 | +368.5% |
| Tangible fixed assets | 22/27 | €3,517 | €16,476 | +€12,959 | +368.5% |
| Plant, machinery and equipment | 23 | €3,517 | €16,476 | +€12,959 | +368.5% |
| Current assets | 29/58 | €83,411 | €124,860 | +€41,449 | +49.7% |
| Stocks and contracts in progress | 3 | €65,000 | €92,000 | +€27,000 | +41.5% |
| Stocks | 30/36 | €65,000 | €92,000 | +€27,000 | +41.5% |
| Amounts receivable within one year | 40/41 | €13,224 | €16,344 | +€3,120 | +23.6% |
| Trade receivables | 40 | €5,617 | €1,306 | -€4,311 | -76.7% |
| Other amounts receivable | 41 | €7,607 | €15,038 | +€7,431 | +97.7% |
| Cash at bank and in hand | 54/58 | €5,187 | €16,516 | +€11,329 | +218.4% |
| Total equity and liabilities | 10/49 | €86,928 | €141,337 | +€54,409 | +62.6% |
| Equity | 10/15 | -€35,347 | -€50,968 | -€15,622 | -44.2% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€40,347 | -€55,968 | -€15,622 | -38.7% |
| Amounts payable | 17/49 | €122,274 | €192,305 | +€70,031 | +57.3% |
| Amounts payable after more than one year | 17 | €20,000 | €40,000 | +€20,000 | +100.0% |
| Financial debts | 170/4 | €20,000 | €40,000 | +€20,000 | +100.0% |
| Amounts payable within one year | 42/48 | €101,932 | €152,305 | +€50,373 | +49.4% |
| Trade debts | 44 | €22,932 | €3,723 | -€19,209 | -83.8% |
| Suppliers | 440/4 | €22,932 | €3,723 | -€19,209 | -83.8% |
| Advances received on contracts in progress | 46 | - | €74,159 | +€74,159 | |
| Other amounts payable | 47/48 | €79,000 | €74,423 | -€4,577 | -5.8% |
| Accrued charges and deferred income | 492/3 | €343 | - | -€343 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,409 | €4,341 | +€2,931 | +208.0% |
| Other operating charges | 640/8 | €981 | €1,783 | +€802 | +81.7% |
| Gross operating margin | 9900 | €62,707 | -€9,096 | -€71,803 | |
| Operating profit (loss) | 9901 | €60,317 | -€15,220 | -€75,536 | |
| Financial income | 75/76B | €1 | €78 | +€78 | +10214.5% |
| Recurring financial income | 75 | €1 | €78 | +€78 | +10214.5% |
| Financial charges | 65/66B | €225 | €481 | +€256 | +113.5% |
| Recurring financial charges | 65 | €225 | €481 | +€256 | +113.5% |
| Profit (loss) for the period before taxes | 9903 | €60,092 | -€15,622 | -€75,714 | |
| Profit (loss) for the period | 9904 | €60,092 | -€15,622 | -€75,714 | |
| Profit (loss) for the period to be appropriated | 9905 | €60,092 | -€15,622 | -€75,714 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.