LUKAS INVEST: what changed
LUKAS INVEST
Largest movements
- Cash -€9,554
down €9,554 (-8.7%), from €109,478 to €99,924
mainly Contributions, distributions and other (-€138,500) and Debts after one year (-€10,000)
- Tangible fixed assets -€3,641
down €3,641 (-18.2%), from €19,953 to €16,312
of which Other tangible fixed assets: -€2,121
- Reserves -€72,771
down €72,771 (-83.9%), from €86,759 to €13,987
- Other debts +€69,314
up €69,314 (+2,265%), from €3,060 to €72,374
- Debts after one year -€10,000
down €10,000 (-82.1%), from €12,180 to €2,180
- Gross operating margin -€1,940
down €1,940 (-2.1%), from €90,518 to €88,578
- Financial charges -€1,385
down €1,385 (-51.6%), from €2,683 to €1,298
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €130,125 | €116,792 | -€13,332 | -10.2% |
| Fixed assets | 21/28 | €19,953 | €16,312 | -€3,641 | -18.2% |
| Tangible fixed assets | 22/27 | €19,953 | €16,312 | -€3,641 | -18.2% |
| Furniture and vehicles | 24 | €3,257 | €1,737 | -€1,519 | -46.7% |
| Other tangible fixed assets | 26 | €16,696 | €14,575 | -€2,121 | -12.7% |
| Current assets | 29/58 | €110,172 | €100,480 | -€9,692 | -8.8% |
| Amounts receivable within one year | 40/41 | €290 | €133 | -€157 | -54.2% |
| Trade receivables | 40 | €290 | €133 | -€157 | -54.2% |
| Cash at bank and in hand | 54/58 | €109,478 | €99,924 | -€9,554 | -8.7% |
| Deferred charges and accrued income | 490/1 | €404 | €423 | +€20 | +4.8% |
| Total equity and liabilities | 10/49 | €130,125 | €116,792 | -€13,332 | -10.2% |
| Equity | 10/15 | €87,759 | €14,987 | -€72,771 | -82.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €86,759 | €13,987 | -€72,771 | -83.9% |
| Distributable reserves | 133 | €86,759 | €13,987 | -€72,771 | -83.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €42,366 | €101,805 | +€59,439 | +140% |
| Amounts payable after more than one year | 17 | €12,180 | €2,180 | -€10,000 | -82.1% |
| Other amounts payable | 178/9 | €12,180 | €2,180 | -€10,000 | -82.1% |
| Amounts payable within one year | 42/48 | €29,886 | €99,325 | +€69,439 | +232% |
| Trade debts | 44 | €227 | €194 | -€33 | -14.5% |
| Suppliers | 440/4 | €227 | €194 | -€33 | -14.5% |
| Taxes, remuneration and social security | 45 | €26,599 | €26,757 | +€158 | +0.6% |
| Taxes | 450/3 | €25,669 | €25,827 | +€158 | +0.6% |
| Remuneration and social security | 454/9 | €930 | €930 | = | 0.0% |
| Other amounts payable | 47/48 | €3,060 | €72,374 | +€69,314 | +2,265% |
| Accrued charges and deferred income | 492/3 | €300 | €300 | = | 0.0% |
| Non-recurring operating income | 76A | €16 | €0 | -€16 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,345 | €3,641 | +€295 | +8.8% |
| Other operating charges | 640/8 | €748 | €528 | -€220 | -29.4% |
| Gross operating margin | 9900 | €90,518 | €88,578 | -€1,940 | -2.1% |
| Operating profit (loss) | 9901 | €86,426 | €84,410 | -€2,016 | -2.3% |
| Financial income | 75/76B | €33 | €543 | +€510 | +1,526% |
| Recurring financial income | 75 | €33 | €543 | +€510 | +1,526% |
| Financial charges | 65/66B | €2,683 | €1,298 | -€1,385 | -51.6% |
| Recurring financial charges | 65 | €2,683 | €1,298 | -€1,385 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €83,776 | €83,655 | -€121 | -0.1% |
| Income taxes | 67/77 | €17,714 | €17,927 | +€213 | +1.2% |
| Profit (loss) for the period | 9904 | €66,063 | €65,729 | -€334 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,063 | €65,729 | -€334 | -0.5% |
Next steps
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 2 November 2026 via checked.be.