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 +€245,197
up €245,197 (+47.0%), from €522,202 to €767,399
mainly Current investments (+€125,000) and Other debts (+€114,404)
- Current investments -€125,000
no longer reported in 2025 (was €125,000)
- Stocks and contracts +€36,700
up €36,700 (+59.2%), from €61,950 to €98,650
- Tangible fixed assets -€26,935
down €26,935 (-28.0%), from €96,139 to €69,204
of which Land and buildings: -€15,096
- Deferred charges and accrued income -€16,642
down €16,642 (-98.7%), from €16,862 to €220
- Other debts +€114,404
up €114,404 (+186.1%), from €61,482 to €175,886
- Reserves -€32,066
down €32,066 (-4.2%), from €760,427 to €728,361
- Trade debts +€22,159
up €22,159 (+5082.3%), from €436 to €22,595
- Gross operating margin +€19,649
up €19,649 (+13.0%), from €151,543 to €171,192
- Financial charges +€2,376
up €2,376 (+94.0%), from €2,527 to €4,903
- Taxes -€2,373
down €2,373 (-6.6%), from €35,736 to €33,363
- Financial income -€1,998
down €1,998 (-34.1%), from €5,854 to €3,856
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 | €865,648 | €966,266 | +€100,618 | +11.6% |
| Fixed assets | 21/28 | €96,139 | €69,204 | -€26,935 | -28.0% |
| Tangible fixed assets | 22/27 | €96,139 | €69,204 | -€26,935 | -28.0% |
| Land and buildings | 22 | €51,653 | €36,557 | -€15,096 | -29.2% |
| Plant, machinery and equipment | 23 | €6,912 | €4,020 | -€2,892 | -41.8% |
| Furniture and vehicles | 24 | €37,574 | €28,627 | -€8,947 | -23.8% |
| Current assets | 29/58 | €769,509 | €897,062 | +€127,553 | +16.6% |
| Stocks and contracts in progress | 3 | €61,950 | €98,650 | +€36,700 | +59.2% |
| Stocks | 30/36 | €61,950 | €98,650 | +€36,700 | +59.2% |
| Amounts receivable within one year | 40/41 | €43,495 | €30,793 | -€12,702 | -29.2% |
| Trade receivables | 40 | €5,414 | €23,699 | +€18,285 | +337.7% |
| Other amounts receivable | 41 | €38,081 | €7,094 | -€30,987 | -81.4% |
| Current investments | 50/53 | €125,000 | - | -€125,000 | |
| Cash at bank and in hand | 54/58 | €522,202 | €767,399 | +€245,197 | +47.0% |
| Deferred charges and accrued income | 490/1 | €16,862 | €220 | -€16,642 | -98.7% |
| Total equity and liabilities | 10/49 | €865,648 | €966,266 | +€100,618 | +11.6% |
| Equity | 10/15 | €785,216 | €753,150 | -€32,066 | -4.1% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €760,427 | €728,361 | -€32,066 | -4.2% |
| Distributable reserves | 133 | €760,427 | €728,361 | -€32,066 | -4.2% |
| Amounts payable | 17/49 | €80,432 | €213,116 | +€132,684 | +165.0% |
| Amounts payable within one year | 42/48 | €80,432 | €213,116 | +€132,684 | +165.0% |
| Trade debts | 44 | €436 | €22,595 | +€22,159 | +5082.3% |
| Suppliers | 440/4 | €436 | €22,595 | +€22,159 | +5082.3% |
| Taxes, remuneration and social security | 45 | €18,514 | €14,635 | -€3,879 | -21.0% |
| Taxes | 450/3 | €16,208 | €12,318 | -€3,890 | -24.0% |
| Remuneration and social security | 454/9 | €2,306 | €2,317 | +€11 | +0.5% |
| Other amounts payable | 47/48 | €61,482 | €175,886 | +€114,404 | +186.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,245 | €29,378 | +€1,133 | +4.0% |
| Other operating charges | 640/8 | €1,384 | €1,448 | +€64 | +4.6% |
| Non-recurring operating charges | 66A | - | €37,934 | +€37,934 | |
| Gross operating margin | 9900 | €151,543 | €171,192 | +€19,649 | +13.0% |
| Operating profit (loss) | 9901 | €121,914 | €102,432 | -€19,482 | -16.0% |
| Financial income | 75/76B | €5,854 | €3,856 | -€1,998 | -34.1% |
| Recurring financial income | 75 | €5,854 | €3,856 | -€1,998 | -34.1% |
| Financial charges | 65/66B | €2,527 | €4,903 | +€2,376 | +94.0% |
| Recurring financial charges | 65 | €2,527 | €4,903 | +€2,376 | +94.0% |
| Profit (loss) for the period before taxes | 9903 | €125,241 | €101,385 | -€23,856 | -19.0% |
| Income taxes | 67/77 | €35,736 | €33,363 | -€2,373 | -6.6% |
| Profit (loss) for the period | 9904 | €89,505 | €68,022 | -€21,483 | -24.0% |
| Profit (loss) for the period to be appropriated | 9905 | €89,505 | €68,022 | -€21,483 | -24.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.