LUKAVIK: 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.
What changed
LUKAVIK
NACE 82.990, Other business support services
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€137,132
2024 · €189,387-€52,255
Equity
€1.8m
2024 · €1.7m+€135,466
Cash
€40,512
2024 · €44,872-€4,360
Balance sheet total
€2.3m
2024 · €2.3m-€47,763
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Reserves +€135,466
up €135,466 (+8.2%), from €1.6m to €1.8m
- Debts after one year -€98,581
down €98,581 (-39.4%), from €250,256 to €151,675
- Other debts -€59,050
down €59,050 (-25.7%), from €230,137 to €171,087
- Tax, wage and social debts -€25,040
down €25,040 (-35.4%), from €70,689 to €45,648
of which Taxes: -€25,040
Income statement
- Gross operating margin -€94,709
down €94,709 (-28.5%), from €331,771 to €237,062
- Taxes -€26,008
down €26,008 (-31.1%), from €83,566 to €57,558
- Depreciation -€20,417
down €20,417 (-83.1%), from €24,563 to €4,145
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.
Result 2024
€189,387
Gross operating margin
-€94,709
Depreciation
+€20,417
Other operating charges
-€451
Other operating items
-€1,947
Financial income
+€621
Financial charges
-€2,196
Taxes
+€26,008
Result 2025
€137,132
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€90,630
Investment
+€18,186
Financing
-€113,177
Cash 2024
€44,872
From operations (derived)
+€90,630
Net result for the year
+€137,132
Depreciation
+€4,145
Receivables within one year
+€21,968
Deferred charges and accrued income
-€897
Trade debts
-€588
Tax, wage and social debts
-€25,040
Other debts
-€59,050
Accrued charges and deferred income
+€12,960
Investment (derived)
+€18,186
Investment in fixed assets (net)
+€18,186
Financing
-€113,177
Debts after one year
-€98,581
Current portion of long-term debt
+€403
Short-term financial debts
-€13,333
Contributions, distributions and other
-€1,666
Cash 2025
€40,512
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,325,680 | €2,277,917 | -€47,763 | -2.1% |
| Fixed assets | 21/28 | €2,169,666 | €2,147,334 | -€22,332 | -1.0% |
| Tangible fixed assets | 22/27 | €164,613 | €157,282 | -€7,332 | -4.5% |
| Land and buildings | 22 | €161,427 | €157,282 | -€4,145 | -2.6% |
| Furniture and vehicles | 24 | €3,186 | €0 | -€3,186 | -100% |
| Financial fixed assets | 28 | €2,005,052 | €1,990,052 | -€15,000 | -0.7% |
| Current assets | 29/58 | €156,014 | €130,583 | -€25,431 | -16.3% |
| Amounts receivable within one year | 40/41 | €110,684 | €88,716 | -€21,968 | -19.8% |
| Trade receivables | 40 | €433 | €0 | -€433 | -100% |
| Other amounts receivable | 41 | €110,251 | €88,716 | -€21,535 | -19.5% |
| Cash at bank and in hand | 54/58 | €44,872 | €40,512 | -€4,360 | -9.7% |
| Deferred charges and accrued income | 490/1 | €458 | €1,354 | +€897 | +196% |
| Total equity and liabilities | 10/49 | €2,325,680 | €2,277,917 | -€47,763 | -2.1% |
| Equity | 10/15 | €1,661,857 | €1,797,323 | +€135,466 | +8.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,643,257 | €1,778,723 | +€135,466 | +8.2% |
| Distributable reserves | 133 | €1,643,257 | €1,778,723 | +€135,466 | +8.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €663,822 | €480,594 | -€183,228 | -27.6% |
| Amounts payable after more than one year | 17 | €250,256 | €151,675 | -€98,581 | -39.4% |
| Financial debts | 170/4 | €250,256 | €151,675 | -€98,581 | -39.4% |
| Amounts payable within one year | 42/48 | €413,567 | €315,959 | -€97,608 | -23.6% |
| Current portion of amounts payable after more than one year | 42 | €98,177 | €98,581 | +€403 | +0.4% |
| Financial debts | 43 | €13,333 | €0 | -€13,333 | -100% |
| Credit institutions | 430/8 | €13,333 | €0 | -€13,333 | -100% |
| Trade debts | 44 | €1,231 | €643 | -€588 | -47.7% |
| Suppliers | 440/4 | €1,231 | €643 | -€588 | -47.7% |
| Taxes, remuneration and social security | 45 | €70,689 | €45,648 | -€25,040 | -35.4% |
| Taxes | 450/3 | €68,894 | €43,853 | -€25,040 | -36.3% |
| Remuneration and social security | 454/9 | €1,795 | €1,795 | = | 0.0% |
| Other amounts payable | 47/48 | €230,137 | €171,087 | -€59,050 | -25.7% |
| Accrued charges and deferred income | 492/3 | €0 | €12,960 | +€12,960 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,563 | €4,145 | -€20,417 | -83.1% |
| Other operating charges | 640/8 | €1,650 | €2,100 | +€451 | +27.3% |
| Non-recurring operating charges | 66A | €0 | €1,947 | +€1,947 | |
| Gross operating margin | 9900 | €331,771 | €237,062 | -€94,709 | -28.5% |
| Operating profit (loss) | 9901 | €305,558 | €228,870 | -€76,688 | -25.1% |
| Financial income | 75/76B | €0 | €621 | +€621 | |
| Recurring financial income | 75 | €0 | €621 | +€621 | |
| Financial charges | 65/66B | €32,605 | €34,801 | +€2,196 | +6.7% |
| Recurring financial charges | 65 | €32,605 | €23,691 | -€8,914 | -27.3% |
| Non-recurring financial charges | 66B | - | €11,110 | +€11,110 | |
| Profit (loss) for the period before taxes | 9903 | €272,953 | €194,689 | -€78,263 | -28.7% |
| Income taxes | 67/77 | €83,566 | €57,558 | -€26,008 | -31.1% |
| Profit (loss) for the period | 9904 | €189,387 | €137,132 | -€52,255 | -27.6% |
| Profit (loss) for the period to be appropriated | 9905 | €189,387 | €137,132 | -€52,255 | -27.6% |
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 15 October 2026 via checked.be.