LUKE OUT: 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.
LUKE OUT
Largest movements
- Receivables within one year +€13,869
up €13,869 (+68.9%), from €20,120 to €33,988
of which Trade receivables: +€16,093
- Tangible fixed assets +€8,141
up €8,141 (+5,532%), from €147 to €8,288
of which Furniture and vehicles: +€8,288
- Cash +€1,132
up €1,132 (+25.4%), from €4,451 to €5,583
mainly Net result for the year (+€12,775) and Other debts (+€7,855)
- Reserves +€12,775
up €12,775 (+109%), from €11,715 to €24,491
- Other debts +€7,855
up €7,855 (+131%), from €6,009 to €13,863
- Tax, wage and social debts +€1,970
new in 2025: €1,970
- Gross operating margin +€12,257
up €12,257 (+173%), from €7,069 to €19,326
- Taxes +€3,823
up €3,823 (+595%), from €642 to €4,465
- Depreciation -€572
down €572 (-54.8%), from €1,044 to €472
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 | €24,785 | €47,859 | +€23,074 | +93.1% |
| Fixed assets | 21/28 | €147 | €8,288 | +€8,141 | +5,532% |
| Tangible fixed assets | 22/27 | €147 | €8,288 | +€8,141 | +5,532% |
| Furniture and vehicles | 24 | - | €8,288 | +€8,288 | |
| Other tangible fixed assets | 26 | €147 | - | -€147 | |
| Current assets | 29/58 | €24,638 | €39,571 | +€14,933 | +60.6% |
| Amounts receivable within one year | 40/41 | €20,120 | €33,988 | +€13,869 | +68.9% |
| Trade receivables | 40 | €15,204 | €31,297 | +€16,093 | +106% |
| Other amounts receivable | 41 | €4,916 | €2,691 | -€2,225 | -45.3% |
| Cash at bank and in hand | 54/58 | €4,451 | €5,583 | +€1,132 | +25.4% |
| Deferred charges and accrued income | 490/1 | €68 | - | -€68 | |
| Total equity and liabilities | 10/49 | €24,785 | €47,859 | +€23,074 | +93.1% |
| Equity | 10/15 | €17,913 | €30,688 | +€12,775 | +71.3% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €11,715 | €24,491 | +€12,775 | +109% |
| Distributable reserves | 133 | €11,715 | €24,491 | +€12,775 | +109% |
| Amounts payable | 17/49 | €6,873 | €17,171 | +€10,299 | +150% |
| Amounts payable within one year | 42/48 | €6,873 | €17,171 | +€10,299 | +150% |
| Trade debts | 44 | €864 | €1,338 | +€474 | +54.8% |
| Suppliers | 440/4 | €864 | €1,338 | +€474 | +54.8% |
| Taxes, remuneration and social security | 45 | - | €1,970 | +€1,970 | |
| Taxes | 450/3 | - | €1,970 | +€1,970 | |
| Other amounts payable | 47/48 | €6,009 | €13,863 | +€7,855 | +131% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,044 | €472 | -€572 | -54.8% |
| Other operating charges | 640/8 | €1,178 | €1,211 | +€33 | +2.8% |
| Gross operating margin | 9900 | €7,069 | €19,326 | +€12,257 | +173% |
| Operating profit (loss) | 9901 | €4,847 | €17,643 | +€12,796 | +264% |
| Financial income | 75/76B | €180 | - | -€180 | |
| Recurring financial income | 75 | €180 | - | -€180 | |
| Financial charges | 65/66B | €580 | €402 | -€178 | -30.6% |
| Recurring financial charges | 65 | €580 | €402 | -€178 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | €4,447 | €17,241 | +€12,794 | +288% |
| Income taxes | 67/77 | €642 | €4,465 | +€3,823 | +595% |
| Profit (loss) for the period | 9904 | €3,804 | €12,775 | +€8,971 | +236% |
| Profit (loss) for the period to be appropriated | 9905 | €3,804 | €12,775 | +€8,971 | +236% |
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 16 October 2026 via checked.be.