Lukos 24: what changed
Two fiscal 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.
Lukos 24
Largest movements
- Current investments -€688,725
down €688,725 (-53.0%), from €1.3m to €611,275
- Tangible fixed assets -€25,247
down €25,247 (-22.9%), from €110,305 to €85,058
of which Furniture and vehicles: -€24,237
- Deferred charges and accrued income -€23,648
down €23,648 (-68.0%), from €34,778 to €11,130
- Debts after one year -€600,000
down €600,000 (-100.0%), from €600,000 to €0
- Current portion of long-term debt -€200,000
down €200,000 (-100.0%), from €200,000 to €0
- Reserves +€95,554
up €95,554 (+18.7%), from €511,798 to €607,351
of which Distributable reserves: +€95,554
- Financial charges -€26,033
down €26,033 (-47.0%), from €55,364 to €29,331
- Financial income -€21,626
down €21,626 (-29.7%), from €72,886 to €51,260
of which Financial income: -€18,477
- Gross operating margin +€16,448
up €16,448 (+13.4%), from €122,775 to €139,223
- Taxes +€5,362
up €5,362 (+16.0%), from €33,587 to €38,949
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.
Cash bridge derived
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 | €1,506,908 | €780,636 | -€726,273 | -48.2% |
| Fixed assets | 21/28 | €110,305 | €85,058 | -€25,247 | -22.9% |
| Tangible fixed assets | 22/27 | €110,305 | €85,058 | -€25,247 | -22.9% |
| Land and buildings | 22 | €42,990 | €41,980 | -€1,010 | -2.3% |
| Furniture and vehicles | 24 | €67,315 | €43,078 | -€24,237 | -36.0% |
| Current assets | 29/58 | €1,396,604 | €695,578 | -€701,026 | -50.2% |
| Amounts receivable within one year | 40/41 | €21,841 | €29,525 | +€7,685 | +35.2% |
| Trade receivables | 40 | €21,841 | €26,313 | +€4,473 | +20.5% |
| Other amounts receivable | 41 | €0 | €3,212 | +€3,212 | |
| Current investments | 50/53 | €1,300,000 | €611,275 | -€688,725 | -53.0% |
| Cash at bank and in hand | 54/58 | €39,985 | €43,648 | +€3,663 | +9.2% |
| Deferred charges and accrued income | 490/1 | €34,778 | €11,130 | -€23,648 | -68.0% |
| Total equity and liabilities | 10/49 | €1,506,908 | €780,636 | -€726,273 | -48.2% |
| Equity | 10/15 | €530,348 | €625,901 | +€95,554 | +18.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €511,798 | €607,351 | +€95,554 | +18.7% |
| Tax-exempt reserves | 132 | €19,446 | €19,446 | = | 0.0% |
| Distributable reserves | 133 | €492,352 | €587,905 | +€95,554 | +19.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €976,561 | €154,734 | -€821,826 | -84.2% |
| Amounts payable after more than one year | 17 | €600,000 | €0 | -€600,000 | -100.0% |
| Financial debts | 170/4 | €600,000 | €0 | -€600,000 | -100.0% |
| Amounts payable within one year | 42/48 | €357,353 | €145,332 | -€212,021 | -59.3% |
| Current portion of amounts payable after more than one year | 42 | €200,000 | €0 | -€200,000 | -100.0% |
| Trade debts | 44 | €4,774 | €3,530 | -€1,244 | -26.1% |
| Suppliers | 440/4 | €4,774 | €3,530 | -€1,244 | -26.1% |
| Taxes, remuneration and social security | 45 | €23,976 | €15,879 | -€8,097 | -33.8% |
| Taxes | 450/3 | €20,846 | €12,749 | -€8,097 | -38.8% |
| Remuneration and social security | 454/9 | €3,130 | €3,130 | = | 0.0% |
| Other amounts payable | 47/48 | €128,603 | €125,923 | -€2,680 | -2.1% |
| Accrued charges and deferred income | 492/3 | €19,208 | €9,402 | -€9,805 | -51.0% |
| Non-recurring operating income | 76A | €12,000 | €0 | -€12,000 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,234 | €25,247 | +€13 | +0.1% |
| Other operating charges | 640/8 | €821 | €1,402 | +€581 | +70.9% |
| Gross operating margin | 9900 | €122,775 | €139,223 | +€16,448 | +13.4% |
| Operating profit (loss) | 9901 | €96,720 | €112,574 | +€15,853 | +16.4% |
| Financial income | 75/76B | €72,886 | €51,260 | -€21,626 | -29.7% |
| Recurring financial income | 75 | €69,737 | €51,260 | -€18,477 | -26.5% |
| Non-recurring financial income | 76B | €3,149 | €0 | -€3,149 | -100.0% |
| Financial charges | 65/66B | €55,364 | €29,331 | -€26,033 | -47.0% |
| Recurring financial charges | 65 | €55,364 | €29,331 | -€26,033 | -47.0% |
| Profit (loss) for the period before taxes | 9903 | €114,242 | €134,502 | +€20,260 | +17.7% |
| Income taxes | 67/77 | €33,587 | €38,949 | +€5,362 | +16.0% |
| Profit (loss) for the period | 9904 | €80,655 | €95,554 | +€14,899 | +18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €80,655 | €95,554 | +€14,899 | +18.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.