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
- Receivables within one year +€35,831
up €35,831 (+805.9%), from €4,446 to €40,277
- Stocks and contracts -€2,533
down €2,533 (-100.0%), from €2,533 to €0
- Tangible fixed assets -€766
down €766 (-2.5%), from €30,682 to €29,916
of which Land and buildings: -€503
- Other debts +€15,029
up €15,029 (+15.4%), from €97,422 to €112,451
- Trade debts +€11,139
new in 2025: €11,139
- Profit (loss) carried forward +€7,062
up €7,062 (+4.5%), from -€156,433 to -€149,371
- Gross operating margin +€18,399
up €18,399, from -€7,264 to €11,135
- Other operating charges +€487
up €487 (+17.7%), from €2,746 to €3,233
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 | €37,700 | €70,524 | +€32,824 | +87.1% |
| Fixed assets | 21/28 | €30,682 | €29,916 | -€766 | -2.5% |
| Tangible fixed assets | 22/27 | €30,682 | €29,916 | -€766 | -2.5% |
| Land and buildings | 22 | €30,157 | €29,654 | -€503 | -1.7% |
| Plant, machinery and equipment | 23 | €525 | €262 | -€263 | -50.1% |
| Current assets | 29/58 | €7,018 | €40,608 | +€33,590 | +478.6% |
| Stocks and contracts in progress | 3 | €2,533 | €0 | -€2,533 | -100.0% |
| Stocks | 30/36 | €2,533 | €0 | -€2,533 | -100.0% |
| Amounts receivable within one year | 40/41 | €4,446 | €40,277 | +€35,831 | +805.9% |
| Other amounts receivable | 41 | €4,446 | €40,277 | +€35,831 | +805.9% |
| Cash at bank and in hand | 54/58 | €39 | €330 | +€291 | +747.3% |
| Total equity and liabilities | 10/49 | €37,700 | €70,524 | +€32,824 | +87.1% |
| Equity | 10/15 | -€60,133 | -€53,071 | +€7,062 | +11.7% |
| Contributions | 10/11 | €94,200 | €94,200 | -€0 | 0.0% |
| Capital | 10 | €94,200 | €94,200 | -€0 | 0.0% |
| Issued capital | 100 | €94,200 | €94,200 | -€0 | 0.0% |
| Reserves | 13 | €2,100 | €2,100 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,100 | €2,100 | = | 0.0% |
| Legal reserve | 130 | €2,100 | €2,100 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€156,433 | -€149,371 | +€7,062 | +4.5% |
| Amounts payable | 17/49 | €97,833 | €123,595 | +€25,762 | +26.3% |
| Amounts payable within one year | 42/48 | €97,833 | €123,595 | +€25,762 | +26.3% |
| Trade debts | 44 | - | €11,139 | +€11,139 | |
| Suppliers | 440/4 | - | €11,139 | +€11,139 | |
| Taxes, remuneration and social security | 45 | €411 | €5 | -€406 | -98.9% |
| Taxes | 450/3 | €411 | €5 | -€406 | -98.9% |
| Other amounts payable | 47/48 | €97,422 | €112,451 | +€15,029 | +15.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €766 | €766 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,746 | €3,233 | +€487 | +17.7% |
| Gross operating margin | 9900 | -€7,264 | €11,135 | +€18,399 | |
| Operating profit (loss) | 9901 | -€10,776 | €7,136 | +€17,912 | |
| Financial income | 75/76B | €68 | €0 | -€68 | -100.0% |
| Recurring financial income | 75 | €68 | €0 | -€68 | -100.0% |
| Financial charges | 65/66B | €38 | €74 | +€36 | +95.1% |
| Recurring financial charges | 65 | €38 | €74 | +€36 | +95.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,746 | €7,062 | +€17,808 | |
| Profit (loss) for the period | 9904 | -€10,746 | €7,062 | +€17,808 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,746 | €7,062 | +€17,808 |
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.