Lukas Plancke: 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 Plancke
Largest movements
- Cash -€32,503
down €32,503 (-40.5%), from €80,352 to €47,849
mainly Contributions, distributions and other (-€248,000) and Receivables within one year (-€20,452)
- Receivables within one year +€20,452
up €20,452 (+24.0%), from €85,122 to €105,574
of which Trade receivables: +€34,301
- Tangible fixed assets -€17,817
down €17,817 (-32.7%), from €54,467 to €36,650
of which Furniture and vehicles: -€13,867
- Deferred charges and accrued income +€9,278
up €9,278 (+113%), from €8,241 to €17,520
- Current investments +€6,499
up €6,499 (+43.4%), from €14,962 to €21,461
- Reserves -€166,280
down €166,280 (-66.9%), from €248,650 to €82,370
- Other debts +€141,557
up €141,557 (+14,595%), from €970 to €142,527
- Current portion of long-term debt -€6,253
down €6,253 (-20.5%), from €30,456 to €24,203
- Tax, wage and social debts +€5,994
up €5,994 (+58.1%), from €10,318 to €16,312
- Trade debts +€3,412
up €3,412 (+60.2%), from €5,668 to €9,080
- Gross operating margin -€14,330
down €14,330 (-9.5%), from €150,465 to €136,135
- Taxes -€4,436
down €4,436 (-18.1%), from €24,570 to €20,134
- Depreciation +€2,692
up €2,692 (+8.6%), from €31,397 to €34,088
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 | €316,859 | €297,216 | -€19,643 | -6.2% |
| Fixed assets | 21/28 | €54,467 | €36,650 | -€17,817 | -32.7% |
| Tangible fixed assets | 22/27 | €54,467 | €36,650 | -€17,817 | -32.7% |
| Plant, machinery and equipment | 23 | €33,884 | €26,545 | -€7,339 | -21.7% |
| Furniture and vehicles | 24 | €20,584 | €6,716 | -€13,867 | -67.4% |
| Other tangible fixed assets | 26 | - | €3,389 | +€3,389 | |
| Current assets | 29/58 | €262,391 | €260,566 | -€1,825 | -0.7% |
| Amounts receivable after more than one year | 29 | €52,000 | €52,000 | = | 0.0% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €52,000 | €52,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €21,714 | €16,162 | -€5,552 | -25.6% |
| Stocks | 30/36 | €21,714 | €16,162 | -€5,552 | -25.6% |
| Amounts receivable within one year | 40/41 | €85,122 | €105,574 | +€20,452 | +24.0% |
| Trade receivables | 40 | €64,374 | €98,675 | +€34,301 | +53.3% |
| Other amounts receivable | 41 | €20,748 | €6,899 | -€13,849 | -66.7% |
| Current investments | 50/53 | €14,962 | €21,461 | +€6,499 | +43.4% |
| Cash at bank and in hand | 54/58 | €80,352 | €47,849 | -€32,503 | -40.5% |
| Deferred charges and accrued income | 490/1 | €8,241 | €17,520 | +€9,278 | +113% |
| Total equity and liabilities | 10/49 | €316,859 | €297,216 | -€19,643 | -6.2% |
| Equity | 10/15 | €250,650 | €84,370 | -€166,280 | -66.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €248,650 | €82,370 | -€166,280 | -66.9% |
| Distributable reserves | 133 | €248,650 | €82,370 | -€166,280 | -66.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €66,209 | €212,846 | +€146,637 | +221% |
| Amounts payable after more than one year | 17 | €18,471 | €20,550 | +€2,080 | +11.3% |
| Financial debts | 170/4 | €18,471 | €20,550 | +€2,080 | +11.3% |
| Amounts payable within one year | 42/48 | €47,738 | €192,296 | +€144,557 | +303% |
| Current portion of amounts payable after more than one year | 42 | €30,456 | €24,203 | -€6,253 | -20.5% |
| Financial debts | 43 | €326 | €173 | -€153 | -46.8% |
| Credit institutions | 430/8 | €0 | - | = | |
| Other loans | 439 | €326 | €173 | -€153 | -46.8% |
| Trade debts | 44 | €5,668 | €9,080 | +€3,412 | +60.2% |
| Suppliers | 440/4 | €5,668 | €9,080 | +€3,412 | +60.2% |
| Taxes, remuneration and social security | 45 | €10,318 | €16,312 | +€5,994 | +58.1% |
| Taxes | 450/3 | €10,318 | €16,312 | +€5,994 | +58.1% |
| Other amounts payable | 47/48 | €970 | €142,527 | +€141,557 | +14,595% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,397 | €34,088 | +€2,692 | +8.6% |
| Other operating charges | 640/8 | €968 | €984 | +€16 | +1.7% |
| Gross operating margin | 9900 | €150,465 | €136,135 | -€14,330 | -9.5% |
| Operating profit (loss) | 9901 | €118,101 | €101,063 | -€17,038 | -14.4% |
| Financial income | 75/76B | €1,945 | €2,558 | +€614 | +31.5% |
| Recurring financial income | 75 | €1,945 | €2,558 | +€614 | +31.5% |
| Financial charges | 65/66B | €1,588 | €1,767 | +€178 | +11.2% |
| Recurring financial charges | 65 | €1,588 | €1,767 | +€178 | +11.2% |
| Profit (loss) for the period before taxes | 9903 | €118,457 | €101,855 | -€16,603 | -14.0% |
| Income taxes | 67/77 | €24,570 | €20,134 | -€4,436 | -18.1% |
| Profit (loss) for the period | 9904 | €93,887 | €81,720 | -€12,167 | -13.0% |
| Profit (loss) for the period to be appropriated | 9905 | €93,887 | €81,720 | -€12,167 | -13.0% |
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 23 October 2026 via checked.be.