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 -€84,961
down €84,961 (-67.9%), from €125,162 to €40,201
mainly Current investments (-€70,000) and Investment in fixed assets (net) (-€22,454)
- Current investments +€70,000
up €70,000, from €0 to €70,000
- Tangible fixed assets +€17,439
up €17,439 (+224.7%), from €7,763 to €25,202
of which Other tangible fixed assets: +€18,539
- Receivables within one year -€6,349
down €6,349 (-30.7%), from €20,650 to €14,301
of which Other amounts receivable: -€4,565
- Stocks and contracts +€6,262
up €6,262 (+59.1%), from €10,588 to €16,850
- Other debts +€20,587
new in 2025: €20,587
- Trade debts -€13,010
down €13,010 (-88.0%), from €14,777 to €1,768
- Reserves -€8,903
down €8,903 (-6.0%), from €147,326 to €138,423
- Tax, wage and social debts +€2,264
up €2,264 (+41855.3%), from €5 to €2,270
- Gross operating margin +€15,619
up €15,619 (+229.4%), from €6,808 to €22,426
- Taxes +€3,448
up €3,448 (+371.9%), from €927 to €4,376
- Depreciation +€1,414
up €1,414 (+39.3%), from €3,601 to €5,015
- Financial income -€1,314
down €1,314 (-96.2%), from €1,366 to €52
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 | €168,308 | €169,248 | +€940 | +0.6% |
| Fixed assets | 21/28 | €7,763 | €25,202 | +€17,439 | +224.7% |
| Tangible fixed assets | 22/27 | €7,763 | €25,202 | +€17,439 | +224.7% |
| Land and buildings | 22 | €949 | €727 | -€221 | -23.3% |
| Plant, machinery and equipment | 23 | €1,351 | €0 | -€1,351 | -100.0% |
| Furniture and vehicles | 24 | €5,463 | €5,935 | +€472 | +8.6% |
| Other tangible fixed assets | 26 | - | €18,539 | +€18,539 | |
| Current assets | 29/58 | €160,546 | €144,046 | -€16,500 | -10.3% |
| Stocks and contracts in progress | 3 | €10,588 | €16,850 | +€6,262 | +59.1% |
| Stocks | 30/36 | €10,588 | €16,850 | +€6,262 | +59.1% |
| Amounts receivable within one year | 40/41 | €20,650 | €14,301 | -€6,349 | -30.7% |
| Trade receivables | 40 | €6,859 | €5,075 | -€1,784 | -26.0% |
| Other amounts receivable | 41 | €13,791 | €9,226 | -€4,565 | -33.1% |
| Current investments | 50/53 | €0 | €70,000 | +€70,000 | |
| Cash at bank and in hand | 54/58 | €125,162 | €40,201 | -€84,961 | -67.9% |
| Deferred charges and accrued income | 490/1 | €4,146 | €2,694 | -€1,452 | -35.0% |
| Total equity and liabilities | 10/49 | €168,308 | €169,248 | +€940 | +0.6% |
| Equity | 10/15 | €153,526 | €144,623 | -€8,903 | -5.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €147,326 | €138,423 | -€8,903 | -6.0% |
| Distributable reserves | 133 | €147,326 | €138,423 | -€8,903 | -6.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €14,783 | €24,625 | +€9,842 | +66.6% |
| Amounts payable within one year | 42/48 | €14,783 | €24,625 | +€9,842 | +66.6% |
| Trade debts | 44 | €14,777 | €1,768 | -€13,010 | -88.0% |
| Suppliers | 440/4 | €14,777 | €1,768 | -€13,010 | -88.0% |
| Taxes, remuneration and social security | 45 | €5 | €2,270 | +€2,264 | +41855.3% |
| Taxes | 450/3 | €5 | €2,270 | +€2,264 | +41855.3% |
| Other amounts payable | 47/48 | - | €20,587 | +€20,587 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,601 | €5,015 | +€1,414 | +39.3% |
| Other operating charges | 640/8 | €1,105 | €1,007 | -€98 | -8.9% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €6,808 | €22,426 | +€15,619 | +229.4% |
| Operating profit (loss) | 9901 | €2,101 | €16,404 | +€14,303 | +680.6% |
| Financial income | 75/76B | €1,366 | €52 | -€1,314 | -96.2% |
| Recurring financial income | 75 | €1,366 | €52 | -€1,314 | -96.2% |
| Financial charges | 65/66B | €449 | €396 | -€53 | -11.9% |
| Recurring financial charges | 65 | €449 | €396 | -€53 | -11.9% |
| Profit (loss) for the period before taxes | 9903 | €3,018 | €16,060 | +€13,042 | +432.2% |
| Income taxes | 67/77 | €927 | €4,376 | +€3,448 | +371.9% |
| Profit (loss) for the period | 9904 | €2,091 | €11,685 | +€9,594 | +458.9% |
| Profit (loss) for the period to be appropriated | 9905 | €2,091 | €11,685 | +€9,594 | +458.9% |
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 30 September 2026 via checked.be.