Lukalina: what changed
What changed
Lukalina
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
filed annual accounts (NBB)
Net result for the year
€169,924
2024 · €33,832+€136,093
Equity
€296,207
2024 · €126,283+€169,924
Cash
€76,719
2024 · €5,522+€71,197
Balance sheet total
€601,026
2024 · €631,429-€30,403
Largest movements
Assets
- Tangible fixed assets -€127,857
down €127,857 (-20.7%), from €619,155 to €491,298
of which Land and buildings: -€127,369
- Cash +€71,197
up €71,197 (+1,289%), from €5,522 to €76,719
mainly Net result for the year (+€169,924) and Investment in fixed assets (net) (+€84,211)
- Receivables within one year +€26,789
up €26,789 (+21,847%), from €123 to €26,911
Equity and liabilities
- Reserves +€169,924
up €169,924 (+143%), from €118,719 to €288,644
of which Tax-exempt reserves: +€162,066
- Debts after one year -€151,421
down €151,421 (-48.6%), from €311,371 to €159,950
- Current portion of long-term debt -€53,072
down €53,072 (-63.5%), from €83,623 to €30,551
- Trade debts +€6,894
new in 2025: €6,894
Income statement
- Gross operating margin +€135,687
up €135,687 (+129%), from €104,941 to €240,627
- Depreciation -€6,454
down €6,454 (-12.9%), from €50,099 to €43,646
- Other operating charges +€5,450
up €5,450 (+75.0%), from €7,263 to €12,713
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€33,832
Gross operating margin
+€135,687
Depreciation
+€6,454
Other operating charges
-€5,450
Financial income
+€814
Financial charges
-€1,365
Taxes
-€47
Result 2025
€169,924
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€191,479
Investment
+€84,211
Financing
-€204,493
Cash 2024
€5,522
From operations (derived)
+€191,479
Net result for the year
+€169,924
Depreciation
+€43,646
Receivables within one year
-€26,789
Deferred charges and accrued income
+€532
Trade debts
+€6,894
Smaller working-capital items
+€350
Other debts
-€3,078
Investment (derived)
+€84,211
Investment in fixed assets (net)
+€84,211
Financing
-€204,493
Debts after one year
-€151,421
Current portion of long-term debt
-€53,072
Cash 2025
€76,719
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €631,429 | €601,026 | -€30,403 | -4.8% |
| Fixed assets | 21/28 | €619,155 | €491,298 | -€127,857 | -20.7% |
| Tangible fixed assets | 22/27 | €619,155 | €491,298 | -€127,857 | -20.7% |
| Land and buildings | 22 | €614,667 | €487,298 | -€127,369 | -20.7% |
| Plant, machinery and equipment | 23 | €4,488 | €4,001 | -€488 | -10.9% |
| Current assets | 29/58 | €12,274 | €109,728 | +€97,454 | +794% |
| Amounts receivable after more than one year | 29 | €850 | €850 | = | 0.0% |
| Trade receivables | 290 | €850 | €850 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €123 | €26,911 | +€26,789 | +21,847% |
| Other amounts receivable | 41 | €123 | €26,911 | +€26,789 | +21,847% |
| Cash at bank and in hand | 54/58 | €5,522 | €76,719 | +€71,197 | +1,289% |
| Deferred charges and accrued income | 490/1 | €5,779 | €5,248 | -€532 | -9.2% |
| Total equity and liabilities | 10/49 | €631,429 | €601,026 | -€30,403 | -4.8% |
| Equity | 10/15 | €126,283 | €296,207 | +€169,924 | +135% |
| Contributions | 10/11 | €7,564 | €7,564 | = | 0.0% |
| Reserves | 13 | €118,719 | €288,644 | +€169,924 | +143% |
| Tax-exempt reserves | 132 | - | €162,066 | +€162,066 | |
| Distributable reserves | 133 | €118,719 | €126,578 | +€7,859 | +6.6% |
| Amounts payable | 17/49 | €505,146 | €304,819 | -€200,327 | -39.7% |
| Amounts payable after more than one year | 17 | €311,371 | €159,950 | -€151,421 | -48.6% |
| Financial debts | 170/4 | €311,371 | €159,950 | -€151,421 | -48.6% |
| Amounts payable within one year | 42/48 | €191,878 | €142,669 | -€49,209 | -25.6% |
| Current portion of amounts payable after more than one year | 42 | €83,623 | €30,551 | -€53,072 | -63.5% |
| Trade debts | 44 | - | €6,894 | +€6,894 | |
| Suppliers | 440/4 | - | €6,894 | +€6,894 | |
| Taxes, remuneration and social security | 45 | - | €47 | +€47 | |
| Taxes | 450/3 | - | €47 | +€47 | |
| Other amounts payable | 47/48 | €108,255 | €105,177 | -€3,078 | -2.8% |
| Accrued charges and deferred income | 492/3 | €1,896 | €2,200 | +€304 | +16.0% |
| Non-recurring operating income | 76A | - | €162,066 | +€162,066 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,099 | €43,646 | -€6,454 | -12.9% |
| Other operating charges | 640/8 | €7,263 | €12,713 | +€5,450 | +75.0% |
| Gross operating margin | 9900 | €104,941 | €240,627 | +€135,687 | +129% |
| Operating profit (loss) | 9901 | €47,579 | €184,269 | +€136,690 | +287% |
| Financial income | 75/76B | €1 | €815 | +€814 | +81,440% |
| Recurring financial income | 75 | €1 | €815 | +€814 | +81,440% |
| Financial charges | 65/66B | €13,748 | €15,114 | +€1,365 | +9.9% |
| Recurring financial charges | 65 | €13,748 | €15,114 | +€1,365 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | €33,832 | €169,971 | +€136,139 | +402% |
| Income taxes | 67/77 | - | €47 | +€47 | |
| Profit (loss) for the period | 9904 | €33,832 | €169,924 | +€136,093 | +402% |
| Transfer to tax-exempt reserves | 689 | - | €162,066 | +€162,066 | |
| Profit (loss) for the period to be appropriated | 9905 | €33,832 | €7,859 | -€25,973 | -76.8% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.