LUKA: 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.
LUKA
Largest movements
- Tangible fixed assets -€16,899
down €16,899 (-15.7%), from €107,493 to €90,594
of which Furniture and vehicles: -€11,270
- Cash +€15,121
up €15,121 (+10.2%), from €148,395 to €163,516
mainly Net result for the year (+€67,185) and Depreciation (+€32,650)
- Deferred charges and accrued income +€8,000
up €8,000 (+50.4%), from €15,861 to €23,862
- Receivables within one year -€3,971
down €3,971 (-20.8%), from €19,068 to €15,098
- Tax, wage and social debts -€31,114
down €31,114 (-42.3%), from €73,469 to €42,355
of which Remuneration and social security: -€44,483
- Other debts +€23,089
up €23,089 (+57.1%), from €40,419 to €63,508
- Reserves +€13,715
up €13,715 (+8.4%), from €162,755 to €176,470
- Staff costs -€130,789
down €130,789 (-44.9%), from €291,295 to €160,506
- Gross operating margin -€66,616
down €66,616 (-18.9%), from €351,823 to €285,207
- Taxes +€16,090
up €16,090 (+190.4%), from €8,450 to €24,540
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 | €291,403 | €293,630 | +€2,226 | +0.8% |
| Fixed assets | 21/28 | €107,878 | €90,954 | -€16,924 | -15.7% |
| Tangible fixed assets | 22/27 | €107,493 | €90,594 | -€16,899 | -15.7% |
| Plant, machinery and equipment | 23 | €21,129 | €11,041 | -€10,088 | -47.7% |
| Furniture and vehicles | 24 | €59,262 | €47,992 | -€11,270 | -19.0% |
| Other tangible fixed assets | 26 | €27,102 | €31,561 | +€4,459 | +16.5% |
| Financial fixed assets | 28 | €385 | €360 | -€25 | -6.5% |
| Current assets | 29/58 | €183,525 | €202,675 | +€19,150 | +10.4% |
| Stocks and contracts in progress | 3 | €200 | €200 | = | 0.0% |
| Stocks | 30/36 | €200 | €200 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €19,068 | €15,098 | -€3,971 | -20.8% |
| Other amounts receivable | 41 | €19,068 | €15,098 | -€3,971 | -20.8% |
| Cash at bank and in hand | 54/58 | €148,395 | €163,516 | +€15,121 | +10.2% |
| Deferred charges and accrued income | 490/1 | €15,861 | €23,862 | +€8,000 | +50.4% |
| Total equity and liabilities | 10/49 | €291,403 | €293,630 | +€2,226 | +0.8% |
| Equity | 10/15 | €168,955 | €182,670 | +€13,715 | +8.1% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €162,755 | €176,470 | +€13,715 | +8.4% |
| Distributable reserves | 133 | €162,755 | €176,470 | +€13,715 | +8.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €122,448 | €110,959 | -€11,489 | -9.4% |
| Amounts payable within one year | 42/48 | €120,692 | €110,323 | -€10,369 | -8.6% |
| Trade debts | 44 | €6,804 | €4,460 | -€2,344 | -34.4% |
| Suppliers | 440/4 | €6,804 | €4,460 | -€2,344 | -34.4% |
| Taxes, remuneration and social security | 45 | €73,469 | €42,355 | -€31,114 | -42.3% |
| Taxes | 450/3 | €1,133 | €14,502 | +€13,369 | +1179.8% |
| Remuneration and social security | 454/9 | €72,336 | €27,853 | -€44,483 | -61.5% |
| Other amounts payable | 47/48 | €40,419 | €63,508 | +€23,089 | +57.1% |
| Accrued charges and deferred income | 492/3 | €1,757 | €636 | -€1,120 | -63.8% |
| Non-recurring operating income | 76A | - | €10,744 | +€10,744 | |
| Remuneration, social security and pensions | 62 | €291,295 | €160,506 | -€130,789 | -44.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,348 | €32,650 | +€3,303 | +11.3% |
| Other operating charges | 640/8 | €2,267 | €852 | -€1,415 | -62.4% |
| Gross operating margin | 9900 | €351,823 | €285,207 | -€66,616 | -18.9% |
| Operating profit (loss) | 9901 | €28,913 | €91,198 | +€62,285 | +215.4% |
| Financial income | 75/76B | €943 | €883 | -€60 | -6.3% |
| Recurring financial income | 75 | €943 | €883 | -€60 | -6.3% |
| Financial charges | 65/66B | €1,391 | €356 | -€1,036 | -74.4% |
| Recurring financial charges | 65 | €1,391 | €356 | -€1,036 | -74.4% |
| Profit (loss) for the period before taxes | 9903 | €28,464 | €91,725 | +€63,261 | +222.2% |
| Income taxes | 67/77 | €8,450 | €24,540 | +€16,090 | +190.4% |
| Profit (loss) for the period | 9904 | €20,014 | €67,185 | +€47,171 | +235.7% |
| Profit (loss) for the period to be appropriated | 9905 | €20,014 | €67,185 | +€47,171 | +235.7% |
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 3 October 2026 via checked.be.