LUYCKX: 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.
LUYCKX
Largest movements
- Cash -€181,301
down €181,301 (-76.1%), from €238,216 to €56,915
mainly Investment in fixed assets (net) (-€154,523) and Other debts (-€27,408)
- Tangible fixed assets +€143,920
up €143,920 (+64.3%), from €223,938 to €367,858
of which Land and buildings: +€147,677
- Receivables within one year -€25,813
down €25,813 (-61.7%), from €41,815 to €16,002
of which Other amounts receivable: -€25,697
- Other debts -€27,408
down €27,408 (-60.0%), from €45,688 to €18,280
- Reserves -€25,813
down €25,813 (-13.0%), from €197,825 to €172,012
of which Distributable reserves: -€25,813
- Profit (loss) carried forward -€5,717
down €5,717 (-2.4%), from €235,954 to €230,237
- Purchases and services -€138,082
down €138,082 (-94.2%), from €146,621 to €8,539
- Gross operating margin -€42,862
down €42,862 (-87.8%), from €48,826 to €5,964
- Depreciation -€8,326
down €8,326 (-44.0%), from €18,930 to €10,603
- Taxes -€7,718
no longer reported in 2025 (was €7,718)
- Other operating charges -€1,080
down €1,080 (-51.2%), from €2,110 to €1,030
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 | €504,914 | €440,900 | -€64,014 | -12.7% |
| Fixed assets | 21/28 | €223,938 | €367,858 | +€143,920 | +64.3% |
| Tangible fixed assets | 22/27 | €223,938 | €367,858 | +€143,920 | +64.3% |
| Land and buildings | 22 | €215,413 | €363,090 | +€147,677 | +68.6% |
| Plant, machinery and equipment | 23 | €159 | €10 | -€149 | -93.6% |
| Furniture and vehicles | 24 | €8,310 | €4,757 | -€3,553 | -42.8% |
| Other tangible fixed assets | 26 | €56 | - | -€56 | |
| Current assets | 29/58 | €280,976 | €73,043 | -€207,934 | -74.0% |
| Amounts receivable within one year | 40/41 | €41,815 | €16,002 | -€25,813 | -61.7% |
| Trade receivables | 40 | €116 | - | -€116 | |
| Other amounts receivable | 41 | €41,700 | €16,002 | -€25,697 | -61.6% |
| Cash at bank and in hand | 54/58 | €238,216 | €56,915 | -€181,301 | -76.1% |
| Deferred charges and accrued income | 490/1 | €945 | €126 | -€819 | -86.7% |
| Total equity and liabilities | 10/49 | €504,914 | €440,900 | -€64,014 | -12.7% |
| Equity | 10/15 | €452,378 | €420,848 | -€31,530 | -7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €197,825 | €172,012 | -€25,813 | -13.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €195,965 | €170,152 | -€25,813 | -13.2% |
| Profit (loss) carried forward | 14 | €235,954 | €230,237 | -€5,717 | -2.4% |
| Amounts payable | 17/49 | €52,536 | €20,052 | -€32,484 | -61.8% |
| Amounts payable within one year | 42/48 | €52,536 | €20,052 | -€32,484 | -61.8% |
| Trade debts | 44 | €4,589 | €481 | -€4,107 | -89.5% |
| Suppliers | 440/4 | €4,589 | €481 | -€4,107 | -89.5% |
| Taxes, remuneration and social security | 45 | €2,259 | €1,291 | -€968 | -42.9% |
| Taxes | 450/3 | €2,259 | €1,291 | -€968 | -42.9% |
| Other amounts payable | 47/48 | €45,688 | €18,280 | -€27,408 | -60.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €146,621 | €8,539 | -€138,082 | -94.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,930 | €10,603 | -€8,326 | -44.0% |
| Other operating charges | 640/8 | €2,110 | €1,030 | -€1,080 | -51.2% |
| Gross operating margin | 9900 | €48,826 | €5,964 | -€42,862 | -87.8% |
| Operating profit (loss) | 9901 | €27,786 | -€5,669 | -€33,455 | |
| Financial income | 75/76B | €0 | €2 | +€2 | +24000.0% |
| Recurring financial income | 75 | €0 | €2 | +€2 | +24000.0% |
| Financial charges | 65/66B | €239 | €50 | -€189 | -79.1% |
| Recurring financial charges | 65 | €239 | €50 | -€189 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | €27,547 | -€5,717 | -€33,264 | |
| Income taxes | 67/77 | €7,718 | - | -€7,718 | |
| Profit (loss) for the period | 9904 | €19,829 | -€5,717 | -€25,546 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,829 | -€5,717 | -€25,546 |
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.