LUKAS HEATING: 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.
LUKAS HEATING
Largest movements
- Tangible fixed assets +€11,625
new in 2025: €11,625
- Receivables within one year -€6,446
down €6,446 (-75.3%), from €8,558 to €2,112
of which Trade receivables: -€3,971
- Cash +€1,282
up €1,282 (+33.9%), from €3,785 to €5,067
mainly Net result for the year (+€8,349) and Receivables within one year (+€6,446)
- Deferred charges and accrued income +€249
new in 2025: €249
- Profit (loss) carried forward +€8,350
up €8,350, from -€341 to €8,009
- Trade debts -€1,412
down €1,412 (-76.1%), from €1,856 to €444
- Tax, wage and social debts -€228
down €228 (-10.2%), from €2,228 to €2,000
of which Taxes: -€228
- Gross operating margin +€18,586
up €18,586, from -€8,262 to €10,324
- Taxes -€1,770
no longer reported in 2025 (was €1,770)
- Depreciation -€1,680
down €1,680 (-71.1%), from €2,364 to €684
- Financial charges -€1,152
down €1,152 (-84.3%), from €1,366 to €214
- Staff costs -€261
no longer reported in 2025 (was €261)
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 | €12,343 | €19,053 | +€6,710 | +54.4% |
| Fixed assets | 21/28 | - | €11,625 | +€11,625 | |
| Tangible fixed assets | 22/27 | - | €11,625 | +€11,625 | |
| Furniture and vehicles | 24 | - | €11,625 | +€11,625 | |
| Current assets | 29/58 | €12,343 | €7,428 | -€4,915 | -39.8% |
| Amounts receivable within one year | 40/41 | €8,558 | €2,112 | -€6,446 | -75.3% |
| Trade receivables | 40 | €4,924 | €953 | -€3,971 | -80.6% |
| Other amounts receivable | 41 | €3,635 | €1,159 | -€2,476 | -68.1% |
| Cash at bank and in hand | 54/58 | €3,785 | €5,067 | +€1,282 | +33.9% |
| Deferred charges and accrued income | 490/1 | - | €249 | +€249 | |
| Total equity and liabilities | 10/49 | €12,343 | €19,053 | +€6,710 | +54.4% |
| Equity | 10/15 | €1,659 | €10,009 | +€8,350 | +503% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€341 | €8,009 | +€8,350 | |
| Amounts payable | 17/49 | €10,684 | €9,044 | -€1,640 | -15.4% |
| Amounts payable within one year | 42/48 | €10,684 | €9,044 | -€1,640 | -15.4% |
| Trade debts | 44 | €1,856 | €444 | -€1,412 | -76.1% |
| Suppliers | 440/4 | €1,856 | €444 | -€1,412 | -76.1% |
| Taxes, remuneration and social security | 45 | €2,228 | €2,000 | -€228 | -10.2% |
| Taxes | 450/3 | €228 | - | -€228 | |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €6,600 | €6,600 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €261 | - | -€261 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,364 | €684 | -€1,680 | -71.1% |
| Other operating charges | 640/8 | €831 | €1,077 | +€246 | +29.6% |
| Gross operating margin | 9900 | -€8,262 | €10,324 | +€18,586 | |
| Operating profit (loss) | 9901 | -€11,718 | €8,563 | +€20,281 | |
| Financial income | 75/76B | €7 | - | -€7 | |
| Recurring financial income | 75 | €7 | - | -€7 | |
| Financial charges | 65/66B | €1,366 | €214 | -€1,152 | -84.3% |
| Recurring financial charges | 65 | €1,366 | €214 | -€1,152 | -84.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,077 | €8,349 | +€21,426 | |
| Income taxes | 67/77 | €1,770 | - | -€1,770 | |
| Profit (loss) for the period | 9904 | -€14,847 | €8,349 | +€23,196 | |
| Profit (loss) for the period to be appropriated | 9905 | -€14,847 | €8,349 | +€23,196 |
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 19 October 2026 via checked.be.