Luqui's: 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.
Luqui's
Largest movements
- Cash +€50,428
up €50,428 (+3311.1%), from €1,523 to €51,951
mainly Trade debts (+€84,632) and Contributions, distributions and other (+€73,338)
- Receivables within one year +€22,106
up €22,106 (+599.7%), from €3,686 to €25,792
of which Trade receivables: +€24,255
- Tangible fixed assets +€6,181
up €6,181 (+123.6%), from €5,000 to €11,181
- Formation expenses -€1,307
no longer reported in 2025 (was €1,307)
- Trade debts +€84,632
up €84,632 (+3502.6%), from €2,416 to €87,048
of which Suppliers: +€84,632
- Revaluation surpluses -€5,000
no longer reported in 2025 (was €5,000)
- Profit (loss) carried forward -€1,519
down €1,519 (-72.3%), from €2,101 to €582
- Purchases and services +€164,644
new in 2025: €164,644
- Gross operating margin -€95,483
down €95,483, from €19,866 to -€75,617
- Turnover +€89,027
new in 2025: €89,027
- Financial charges -€46,129
no longer reported in 2025 (was €46,129)
- Financial income -€28,364
no longer reported in 2025 (was €28,364)
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 | €11,516 | €88,924 | +€77,408 | +672.2% |
| Formation expenses | 20 | €1,307 | - | -€1,307 | |
| Fixed assets | 21/28 | €5,000 | €11,181 | +€6,181 | +123.6% |
| Tangible fixed assets | 22/27 | €5,000 | €11,181 | +€6,181 | +123.6% |
| Plant, machinery and equipment | 23 | €5,000 | €11,181 | +€6,181 | +123.6% |
| Current assets | 29/58 | €5,209 | €77,743 | +€72,534 | +1392.4% |
| Amounts receivable within one year | 40/41 | €3,686 | €25,792 | +€22,106 | +599.7% |
| Trade receivables | 40 | €1,537 | €25,792 | +€24,255 | +1577.7% |
| Other amounts receivable | 41 | €2,149 | - | -€2,149 | |
| Cash at bank and in hand | 54/58 | €1,523 | €51,951 | +€50,428 | +3311.1% |
| Total equity and liabilities | 10/49 | €11,516 | €88,924 | +€77,408 | +672.2% |
| Equity | 10/15 | €7,101 | €582 | -€6,519 | -91.8% |
| Revaluation surpluses | 12 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €2,101 | €582 | -€1,519 | -72.3% |
| Amounts payable | 17/49 | €4,415 | €88,342 | +€83,927 | +1900.9% |
| Amounts payable within one year | 42/48 | €4,415 | €88,342 | +€83,927 | +1900.9% |
| Current portion of amounts payable after more than one year | 42 | €420 | - | -€420 | |
| Trade debts | 44 | €2,416 | €87,048 | +€84,632 | +3502.6% |
| Suppliers | 440/4 | - | €84,632 | +€84,632 | |
| Bills of exchange payable | 441 | €2,416 | €2,416 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €1,579 | €1,294 | -€285 | -18.1% |
| Taxes | 450/3 | €1,579 | €1,294 | -€285 | -18.1% |
| Turnover | 70 | - | €89,027 | +€89,027 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €164,644 | +€164,644 | |
| Other operating charges | 640/8 | - | €4,240 | +€4,240 | |
| Gross operating margin | 9900 | €19,866 | -€75,617 | -€95,483 | |
| Operating profit (loss) | 9901 | €19,866 | -€79,857 | -€99,723 | |
| Financial income | 75/76B | €28,364 | - | -€28,364 | |
| Recurring financial income | 75 | €28,364 | - | -€28,364 | |
| Financial charges | 65/66B | €46,129 | - | -€46,129 | |
| Recurring financial charges | 65 | €46,129 | - | -€46,129 | |
| Profit (loss) for the period before taxes | 9903 | €2,101 | -€79,857 | -€81,959 | |
| Profit (loss) for the period | 9904 | €2,101 | -€79,857 | -€81,959 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,101 | -€79,857 | -€81,959 |
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 4 October 2026 via checked.be.