Lukas De Graeve: what changed
What changed
Lukas De Graeve
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€63,884
2024 · €55,152+€8,731
Equity
€237,759
2024 · €223,012+€14,747
Cash
€212,970
2024 · €279,972-€67,002
Balance sheet total
€511,180
2024 · €589,762-€78,581
Largest movements
Assets
- Cash -€67,002
down €67,002 (-23.9%), from €279,972 to €212,970
mainly Other debts (-€57,853) and Contributions, distributions and other (-€49,137)
- Tangible fixed assets -€24,425
down €24,425 (-9.5%), from €255,985 to €231,560
of which Furniture and vehicles: -€31,466
- Receivables within one year +€24,131
up €24,131 (+74.5%), from €32,389 to €56,520
- Deferred charges and accrued income -€11,285
down €11,285 (-52.7%), from €21,415 to €10,131
Equity and liabilities
- Other debts -€57,853
down €57,853 (-42.7%), from €135,645 to €77,792
- Debts after one year -€24,745
down €24,745 (-14.8%), from €166,735 to €141,990
- Reserves +€14,747
up €14,747 (+7.0%), from €210,612 to €225,359
- Trade debts -€13,298
down €13,298 (-87.2%), from €15,252 to €1,954
Income statement
- Write-downs -€8,989
down €8,989 (-85.3%), from €10,533 to €1,544
- Financial charges -€3,231
down €3,231 (-36.8%), from €8,784 to €5,553
- Taxes +€2,822
up €2,822 (+12.0%), from €23,436 to €26,258
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
€55,152
Gross operating margin
+€974
Depreciation
-€1,074
Write-downs
+€8,989
Other operating charges
-€124
Financial income
-€443
Financial charges
+€3,231
Taxes
-€2,822
Result 2025
€63,884
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
+€28,064
Investment
-€19,850
Financing
-€75,217
Cash 2024
€279,972
From operations (derived)
+€28,064
Net result for the year
+€63,884
Depreciation
+€44,275
Receivables within one year
-€24,131
Deferred charges and accrued income
+€11,285
Trade debts
-€13,298
Tax, wage and social debts
+€5,708
Other debts
-€57,853
Accrued charges and deferred income
-€1,805
Investment (derived)
-€19,850
Investment in fixed assets (net)
-€19,850
Financing
-€75,217
Debts after one year
-€24,745
Current portion of long-term debt
-€2,972
Short-term financial debts
+€1,637
Contributions, distributions and other
-€49,137
Cash 2025
€212,970
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €589,762 | €511,180 | -€78,581 | -13.3% |
| Fixed assets | 21/28 | €255,985 | €231,560 | -€24,425 | -9.5% |
| Tangible fixed assets | 22/27 | €255,985 | €231,560 | -€24,425 | -9.5% |
| Land and buildings | 22 | €122,172 | €113,445 | -€8,727 | -7.1% |
| Plant, machinery and equipment | 23 | €2,386 | €651 | -€1,734 | -72.7% |
| Furniture and vehicles | 24 | €120,215 | €88,750 | -€31,466 | -26.2% |
| Other tangible fixed assets | 26 | €11,212 | €28,714 | +€17,501 | +156% |
| Current assets | 29/58 | €333,777 | €279,620 | -€54,156 | -16.2% |
| Amounts receivable within one year | 40/41 | €32,389 | €56,520 | +€24,131 | +74.5% |
| Trade receivables | 40 | €32,389 | €56,520 | +€24,131 | +74.5% |
| Cash at bank and in hand | 54/58 | €279,972 | €212,970 | -€67,002 | -23.9% |
| Deferred charges and accrued income | 490/1 | €21,415 | €10,131 | -€11,285 | -52.7% |
| Total equity and liabilities | 10/49 | €589,762 | €511,180 | -€78,581 | -13.3% |
| Equity | 10/15 | €223,012 | €237,759 | +€14,747 | +6.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €210,612 | €225,359 | +€14,747 | +7.0% |
| Distributable reserves | 133 | €210,612 | €225,359 | +€14,747 | +7.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €366,750 | €273,421 | -€93,328 | -25.4% |
| Amounts payable after more than one year | 17 | €166,735 | €141,990 | -€24,745 | -14.8% |
| Financial debts | 170/4 | €166,735 | €141,990 | -€24,745 | -14.8% |
| Amounts payable within one year | 42/48 | €197,007 | €130,229 | -€66,778 | -33.9% |
| Current portion of amounts payable after more than one year | 42 | €27,717 | €24,745 | -€2,972 | -10.7% |
| Financial debts | 43 | €3,391 | €5,028 | +€1,637 | +48.3% |
| Credit institutions | 430/8 | €3,391 | €5,028 | +€1,637 | +48.3% |
| Trade debts | 44 | €15,252 | €1,954 | -€13,298 | -87.2% |
| Suppliers | 440/4 | €15,252 | €1,954 | -€13,298 | -87.2% |
| Taxes, remuneration and social security | 45 | €15,001 | €20,710 | +€5,708 | +38.1% |
| Taxes | 450/3 | €15,001 | €20,710 | +€5,708 | +38.1% |
| Other amounts payable | 47/48 | €135,645 | €77,792 | -€57,853 | -42.7% |
| Accrued charges and deferred income | 492/3 | €3,008 | €1,203 | -€1,805 | -60.0% |
| Non-recurring operating income | 76A | €1,500 | €0 | -€1,500 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,201 | €44,275 | +€1,074 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €10,533 | €1,544 | -€8,989 | -85.3% |
| Other operating charges | 640/8 | €4,217 | €4,341 | +€124 | +2.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €144,865 | €145,838 | +€974 | +0.7% |
| Operating profit (loss) | 9901 | €86,914 | €95,678 | +€8,764 | +10.1% |
| Financial income | 75/76B | €459 | €16 | -€443 | -96.5% |
| Recurring financial income | 75 | €459 | €16 | -€443 | -96.5% |
| Financial charges | 65/66B | €8,784 | €5,553 | -€3,231 | -36.8% |
| Recurring financial charges | 65 | €8,784 | €5,553 | -€3,231 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €78,589 | €90,142 | +€11,553 | +14.7% |
| Income taxes | 67/77 | €23,436 | €26,258 | +€2,822 | +12.0% |
| Profit (loss) for the period | 9904 | €55,152 | €63,884 | +€8,731 | +15.8% |
| Profit (loss) for the period to be appropriated | 9905 | €55,152 | €63,884 | +€8,731 | +15.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.