LUKO: 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.
LUKO
Largest movements
- Cash +€10,852
up €10,852 (+13.0%), from €83,195 to €94,047
mainly Other debts (+€50,929) and Receivables within one year (+€5,398)
- Receivables within one year -€5,398
down €5,398 (-43.3%), from €12,464 to €7,067
of which Other amounts receivable: -€7,500
- Tangible fixed assets -€3,605
down €3,605 (-17.4%), from €20,729 to €17,123
of which Land and buildings: -€2,641
- Other debts +€50,929
up €50,929 (+911%), from €5,592 to €56,520
- Profit (loss) carried forward -€24,382
down €24,382 (-208%), from -€11,710 to -€36,092
- Tax, wage and social debts -€16,912
down €16,912 (-81.9%), from €20,652 to €3,740
of which Remuneration and social security: -€16,107
- Trade debts -€7,656
down €7,656 (-81.6%), from €9,381 to €1,725
- Gross operating margin -€2,774
down €2,774 (-18.0%), from -€15,439 to -€18,213
- Depreciation -€249
down €249 (-6.5%), from €3,855 to €3,605
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 | €118,573 | €120,464 | +€1,891 | +1.6% |
| Fixed assets | 21/28 | €20,864 | €17,258 | -€3,605 | -17.3% |
| Tangible fixed assets | 22/27 | €20,729 | €17,123 | -€3,605 | -17.4% |
| Land and buildings | 22 | €17,169 | €14,527 | -€2,641 | -15.4% |
| Plant, machinery and equipment | 23 | €1,789 | €1,288 | -€501 | -28.0% |
| Furniture and vehicles | 24 | €1,771 | €1,308 | -€463 | -26.2% |
| Financial fixed assets | 28 | €135 | €135 | = | 0.0% |
| Current assets | 29/58 | €97,710 | €103,206 | +€5,496 | +5.6% |
| Amounts receivable within one year | 40/41 | €12,464 | €7,067 | -€5,398 | -43.3% |
| Trade receivables | 40 | €4,964 | €7,067 | +€2,102 | +42.3% |
| Other amounts receivable | 41 | €7,500 | €0 | -€7,500 | -100% |
| Cash at bank and in hand | 54/58 | €83,195 | €94,047 | +€10,852 | +13.0% |
| Deferred charges and accrued income | 490/1 | €2,050 | €2,092 | +€42 | +2.1% |
| Total equity and liabilities | 10/49 | €118,573 | €120,464 | +€1,891 | +1.6% |
| Equity | 10/15 | €82,031 | €57,649 | -€24,382 | -29.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €75,141 | €75,141 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €75,141 | €75,141 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,710 | -€36,092 | -€24,382 | -208% |
| Amounts payable | 17/49 | €36,542 | €62,815 | +€26,273 | +71.9% |
| Amounts payable within one year | 42/48 | €35,625 | €61,985 | +€26,360 | +74.0% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €9,381 | €1,725 | -€7,656 | -81.6% |
| Suppliers | 440/4 | €9,381 | €1,725 | -€7,656 | -81.6% |
| Taxes, remuneration and social security | 45 | €20,652 | €3,740 | -€16,912 | -81.9% |
| Taxes | 450/3 | €4,545 | €3,740 | -€805 | -17.7% |
| Remuneration and social security | 454/9 | €16,107 | €0 | -€16,107 | -100% |
| Other amounts payable | 47/48 | €5,592 | €56,520 | +€50,929 | +911% |
| Accrued charges and deferred income | 492/3 | €918 | €830 | -€88 | -9.6% |
| Non-recurring operating income | 76A | €13,480 | €18,350 | +€4,870 | +36.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,855 | €3,605 | -€249 | -6.5% |
| Other operating charges | 640/8 | €2,043 | €2,110 | +€67 | +3.3% |
| Gross operating margin | 9900 | -€15,439 | -€18,213 | -€2,774 | -18.0% |
| Operating profit (loss) | 9901 | -€21,337 | -€23,929 | -€2,592 | -12.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €526 | €453 | -€73 | -13.8% |
| Recurring financial charges | 65 | €526 | €453 | -€73 | -13.8% |
| Profit (loss) for the period before taxes | 9903 | -€21,863 | -€24,382 | -€2,519 | -11.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€21,863 | -€24,382 | -€2,519 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,863 | -€24,382 | -€2,519 | -11.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.