Luka Consult: 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 Consult
Largest movements
- Receivables within one year +€139,822
up €139,822 (+166%), from €84,114 to €223,937
of which Trade receivables: +€145,377
- Cash +€19,566
up €19,566 (+192%), from €10,166 to €29,731
mainly Trade debts (+€114,051) and Net result for the year (+€31,509)
- Deferred charges and accrued income +€5,337
up €5,337 (+345%), from €1,547 to €6,884
- Trade debts +€114,051
up €114,051 (+146%), from €78,243 to €192,294
- Reserves +€18,592
up €18,592 (+60.8%), from €30,561 to €49,153
- Tax, wage and social debts +€13,166
up €13,166 (+6,379%), from €206 to €13,372
- Profit (loss) carried forward +€12,918
up €12,918, from -€12,918 to €0
- Other debts +€5,367
new in 2025: €5,367
- Gross operating margin +€59,912
up €59,912, from -€6,507 to €53,405
- Taxes +€13,166
up €13,166 (+6,379%), from €206 to €13,372
- Financial charges +€2,823
up €2,823 (+61.9%), from €4,561 to €7,384
- Depreciation +€713
up €713 (+168%), from €425 to €1,137
- Other operating charges -€686
down €686 (-47.9%), from €1,431 to €745
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.
Derived cash bridge
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 | €99,648 | €264,039 | +€164,391 | +165% |
| Fixed assets | 21/28 | €3,822 | €3,487 | -€334 | -8.7% |
| Tangible fixed assets | 22/27 | €2,967 | €2,441 | -€526 | -17.7% |
| Furniture and vehicles | 24 | €2,967 | €2,441 | -€526 | -17.7% |
| Financial fixed assets | 28 | €855 | €1,046 | +€192 | +22.4% |
| Current assets | 29/58 | €95,827 | €260,552 | +€164,725 | +172% |
| Amounts receivable within one year | 40/41 | €84,114 | €223,937 | +€139,822 | +166% |
| Trade receivables | 40 | €72,608 | €217,985 | +€145,377 | +200% |
| Other amounts receivable | 41 | €11,507 | €5,952 | -€5,555 | -48.3% |
| Cash at bank and in hand | 54/58 | €10,166 | €29,731 | +€19,566 | +192% |
| Deferred charges and accrued income | 490/1 | €1,547 | €6,884 | +€5,337 | +345% |
| Total equity and liabilities | 10/49 | €99,648 | €264,039 | +€164,391 | +165% |
| Equity | 10/15 | €20,144 | €51,653 | +€31,509 | +156% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €30,561 | €49,153 | +€18,592 | +60.8% |
| Distributable reserves | 133 | €30,561 | €49,153 | +€18,592 | +60.8% |
| Profit (loss) carried forward | 14 | -€12,918 | €0 | +€12,918 | |
| Amounts payable | 17/49 | €79,505 | €212,386 | +€132,881 | +167% |
| Amounts payable within one year | 42/48 | €79,505 | €212,386 | +€132,881 | +167% |
| Financial debts | 43 | €1,056 | €1,353 | +€297 | +28.1% |
| Credit institutions | 430/8 | €1,056 | €1,353 | +€297 | +28.1% |
| Trade debts | 44 | €78,243 | €192,294 | +€114,051 | +146% |
| Suppliers | 440/4 | €78,243 | €192,294 | +€114,051 | +146% |
| Taxes, remuneration and social security | 45 | €206 | €13,372 | +€13,166 | +6,379% |
| Taxes | 450/3 | €206 | €13,372 | +€13,166 | +6,379% |
| Other amounts payable | 47/48 | - | €5,367 | +€5,367 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €425 | €1,137 | +€713 | +168% |
| Other operating charges | 640/8 | €1,431 | €745 | -€686 | -47.9% |
| Gross operating margin | 9900 | -€6,507 | €53,405 | +€59,912 | |
| Operating profit (loss) | 9901 | -€8,363 | €51,523 | +€59,886 | |
| Financial income | 75/76B | €213 | €743 | +€530 | +249% |
| Recurring financial income | 75 | €213 | €743 | +€530 | +249% |
| Financial charges | 65/66B | €4,561 | €7,384 | +€2,823 | +61.9% |
| Recurring financial charges | 65 | €4,561 | €7,384 | +€2,823 | +61.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,711 | €44,882 | +€57,593 | |
| Income taxes | 67/77 | €206 | €13,372 | +€13,166 | +6,379% |
| Profit (loss) for the period | 9904 | -€12,918 | €31,509 | +€44,427 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,918 | €31,509 | +€44,427 |
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 18 October 2026 via checked.be.