Luko Trading: 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 Trading
Largest movements
- Cash +€1,450
up €1,450 (+1,824%), from €79 to €1,529
mainly Trade debts (+€1,055) and Tax, wage and social debts (+€284)
- Receivables within one year -€57
down €57 (-1.7%), from €3,312 to €3,255
of which Other amounts receivable: -€207
- Trade debts +€1,055
up €1,055 (+387%), from €273 to €1,328
- Tax, wage and social debts +€284
up €284 (+52.7%), from €539 to €823
- Profit (loss) carried forward +€53
up €53 (+4.9%), from €1,080 to €1,133
- Gross operating margin -€13,202
down €13,202 (-97.0%), from €13,609 to €406
- Depreciation -€11,000
no longer reported in 2025 (was €11,000)
- Taxes -€476
down €476 (-88.4%), from €539 to €63
- Financial charges -€401
down €401 (-72.4%), from €554 to €153
- Other operating charges -€298
down €298 (-68.4%), from €436 to €138
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 | €3,391 | €4,784 | +€1,393 | +41.1% |
| Current assets | 29/58 | €3,391 | €4,784 | +€1,393 | +41.1% |
| Amounts receivable within one year | 40/41 | €3,312 | €3,255 | -€57 | -1.7% |
| Trade receivables | 40 | €2,349 | €2,500 | +€150 | +6.4% |
| Other amounts receivable | 41 | €963 | €755 | -€207 | -21.5% |
| Cash at bank and in hand | 54/58 | €79 | €1,529 | +€1,450 | +1,824% |
| Total equity and liabilities | 10/49 | €3,391 | €4,784 | +€1,393 | +41.1% |
| Equity | 10/15 | €2,580 | €2,633 | +€53 | +2.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,080 | €1,133 | +€53 | +4.9% |
| Amounts payable | 17/49 | €812 | €2,151 | +€1,339 | +165% |
| Amounts payable within one year | 42/48 | €812 | €2,151 | +€1,339 | +165% |
| Trade debts | 44 | €273 | €1,328 | +€1,055 | +387% |
| Suppliers | 440/4 | €273 | €1,328 | +€1,055 | +387% |
| Taxes, remuneration and social security | 45 | €539 | €823 | +€284 | +52.7% |
| Taxes | 450/3 | €539 | €823 | +€284 | +52.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,000 | - | -€11,000 | |
| Other operating charges | 640/8 | €436 | €138 | -€298 | -68.4% |
| Gross operating margin | 9900 | €13,609 | €406 | -€13,202 | -97.0% |
| Operating profit (loss) | 9901 | €2,173 | €269 | -€1,904 | -87.6% |
| Financial charges | 65/66B | €554 | €153 | -€401 | -72.4% |
| Recurring financial charges | 65 | €554 | €153 | -€401 | -72.4% |
| Profit (loss) for the period before taxes | 9903 | €1,619 | €116 | -€1,503 | -92.8% |
| Income taxes | 67/77 | €539 | €63 | -€476 | -88.4% |
| Profit (loss) for the period | 9904 | €1,080 | €53 | -€1,026 | -95.1% |
| Profit (loss) for the period to be appropriated | 9905 | €1,080 | €53 | -€1,026 | -95.1% |
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 22 October 2026 via checked.be.