LUKA: 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.
LUKA
Largest movements
- Cash +€16,152
up €16,152 (+267.3%), from €6,043 to €22,196
mainly Other debts (+€16,528) and Trade debts (+€15,934)
- Tangible fixed assets -€5,729
down €5,729 (-19.3%), from €29,715 to €23,986
- Financial fixed assets +€848
up €848 (+50.8%), from €1,668 to €2,516
- Other debts +€16,528
new in 2025: €16,528
- Trade debts +€15,934
up €15,934 (+346.4%), from €4,600 to €20,534
- Profit (loss) carried forward -€9,203
down €9,203 (-85.0%), from -€10,825 to -€20,029
- Debts after one year -€8,106
down €8,106 (-55.9%), from €14,496 to €6,390
- Current portion of long-term debt -€4,303
down €4,303 (-34.7%), from €12,409 to €8,106
- Gross operating margin +€4,270
up €4,270 (+100.3%), from €4,257 to €8,527
- Depreciation +€3,892
up €3,892 (+57.9%), from €6,720 to €10,613
- Other operating charges +€1,295
up €1,295 (+103.6%), from €1,250 to €2,545
- Staff costs -€865
down €865 (-29.0%), from €2,985 to €2,120
- Financial charges +€587
up €587 (+36.9%), from €1,591 to €2,178
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 | €49,193 | €59,816 | +€10,623 | +21.6% |
| Fixed assets | 21/28 | €31,383 | €26,502 | -€4,881 | -15.6% |
| Tangible fixed assets | 22/27 | €29,715 | €23,986 | -€5,729 | -19.3% |
| Furniture and vehicles | 24 | €29,715 | €23,986 | -€5,729 | -19.3% |
| Financial fixed assets | 28 | €1,668 | €2,516 | +€848 | +50.8% |
| Current assets | 29/58 | €17,810 | €33,314 | +€15,505 | +87.1% |
| Stocks and contracts in progress | 3 | €450 | €400 | -€50 | -11.1% |
| Stocks | 30/36 | €450 | €400 | -€50 | -11.1% |
| Amounts receivable within one year | 40/41 | €10,795 | €10,307 | -€488 | -4.5% |
| Trade receivables | 40 | €6,284 | €6,398 | +€114 | +1.8% |
| Other amounts receivable | 41 | €4,511 | €3,908 | -€602 | -13.4% |
| Cash at bank and in hand | 54/58 | €6,043 | €22,196 | +€16,152 | +267.3% |
| Deferred charges and accrued income | 490/1 | €521 | €412 | -€109 | -21.0% |
| Total equity and liabilities | 10/49 | €49,193 | €59,816 | +€10,623 | +21.6% |
| Equity | 10/15 | €17,186 | €7,983 | -€9,203 | -53.6% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €21,814 | €21,814 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €19,955 | €19,955 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€10,825 | -€20,029 | -€9,203 | -85.0% |
| Amounts payable | 17/49 | €32,007 | €51,833 | +€19,827 | +61.9% |
| Amounts payable after more than one year | 17 | €14,496 | €6,390 | -€8,106 | -55.9% |
| Financial debts | 170/4 | €14,496 | €6,390 | -€8,106 | -55.9% |
| Amounts payable within one year | 42/48 | €17,510 | €45,443 | +€27,933 | +159.5% |
| Current portion of amounts payable after more than one year | 42 | €12,409 | €8,106 | -€4,303 | -34.7% |
| Trade debts | 44 | €4,600 | €20,534 | +€15,934 | +346.4% |
| Suppliers | 440/4 | €4,600 | €20,534 | +€15,934 | +346.4% |
| Taxes, remuneration and social security | 45 | €501 | €275 | -€226 | -45.2% |
| Taxes | 450/3 | €501 | €275 | -€226 | -45.2% |
| Other amounts payable | 47/48 | - | €16,528 | +€16,528 | |
| Remuneration, social security and pensions | 62 | €2,985 | €2,120 | -€865 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,720 | €10,613 | +€3,892 | +57.9% |
| Other operating charges | 640/8 | €1,250 | €2,545 | +€1,295 | +103.6% |
| Gross operating margin | 9900 | €4,257 | €8,527 | +€4,270 | +100.3% |
| Operating profit (loss) | 9901 | -€6,698 | -€6,751 | -€53 | -0.8% |
| Financial income | 75/76B | €504 | - | -€504 | |
| Recurring financial income | 75 | €504 | - | -€504 | |
| Financial charges | 65/66B | €1,591 | €2,178 | +€587 | +36.9% |
| Recurring financial charges | 65 | €1,591 | €2,178 | +€587 | +36.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,785 | -€8,928 | -€1,143 | -14.7% |
| Income taxes | 67/77 | €345 | €275 | -€71 | -20.4% |
| Profit (loss) for the period | 9904 | -€8,131 | -€9,203 | -€1,073 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,131 | -€9,203 | -€1,073 | -13.2% |
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 11 October 2026 via checked.be.