Luyckx Express: 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.
Luyckx Express
Largest movements
- Cash -€24,711
down €24,711 (-51.8%), from €47,715 to €23,004
mainly Other debts (-€14,774) and Receivables within one year (-€11,085)
- Receivables within one year +€11,085
up €11,085 (+135%), from €8,210 to €19,295
of which Trade receivables: +€12,051
- Tangible fixed assets -€6,055
down €6,055 (-4.0%), from €150,146 to €144,091
of which Land and buildings: -€5,934
- Other debts -€14,774
down €14,774 (-84.8%), from €17,421 to €2,647
- Debts after one year -€7,706
down €7,706 (-8.6%), from €89,382 to €81,676
- Reserves +€6,626
up €6,626 (+9.7%), from €68,293 to €74,919
- Trade debts -€2,807
down €2,807 (-38.9%), from €7,212 to €4,405
- Gross operating margin +€5,726
up €5,726 (+41.1%), from €13,946 to €19,673
- Taxes +€1,658
up €1,658 (+160%), from €1,034 to €2,691
- Other operating charges -€546
down €546 (-24.5%), from €2,230 to €1,684
- Financial charges +€457
up €457 (+18.2%), from €2,512 to €2,968
- Financial income +€197
up €197 (+127%), from €155 to €353
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 | €221,552 | €203,033 | -€18,520 | -8.4% |
| Fixed assets | 21/28 | €164,161 | €158,106 | -€6,055 | -3.7% |
| Tangible fixed assets | 22/27 | €150,146 | €144,091 | -€6,055 | -4.0% |
| Land and buildings | 22 | €149,879 | €143,945 | -€5,934 | -4.0% |
| Plant, machinery and equipment | 23 | €267 | €146 | -€122 | -45.5% |
| Financial fixed assets | 28 | €14,015 | €14,015 | = | 0.0% |
| Current assets | 29/58 | €57,391 | €44,927 | -€12,464 | -21.7% |
| Amounts receivable within one year | 40/41 | €8,210 | €19,295 | +€11,085 | +135% |
| Trade receivables | 40 | €7,244 | €19,295 | +€12,051 | +166% |
| Other amounts receivable | 41 | €966 | €0 | -€966 | -100% |
| Cash at bank and in hand | 54/58 | €47,715 | €23,004 | -€24,711 | -51.8% |
| Deferred charges and accrued income | 490/1 | €1,466 | €2,629 | +€1,162 | +79.3% |
| Total equity and liabilities | 10/49 | €221,552 | €203,033 | -€18,520 | -8.4% |
| Equity | 10/15 | €94,953 | €101,579 | +€6,626 | +7.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €68,293 | €74,919 | +€6,626 | +9.7% |
| Distributable reserves | 133 | €68,293 | €74,919 | +€6,626 | +9.7% |
| Profit (loss) carried forward | 14 | €8,060 | €8,060 | = | 0.0% |
| Amounts payable | 17/49 | €126,599 | €101,453 | -€25,146 | -19.9% |
| Amounts payable after more than one year | 17 | €89,382 | €81,676 | -€7,706 | -8.6% |
| Financial debts | 170/4 | €89,382 | €81,676 | -€7,706 | -8.6% |
| Amounts payable within one year | 42/48 | €37,218 | €19,778 | -€17,440 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €7,522 | €7,706 | +€184 | +2.4% |
| Financial debts | 43 | €1,076 | €72 | -€1,004 | -93.3% |
| Credit institutions | 430/8 | €1,076 | €72 | -€1,004 | -93.3% |
| Trade debts | 44 | €7,212 | €4,405 | -€2,807 | -38.9% |
| Suppliers | 440/4 | €7,212 | €4,405 | -€2,807 | -38.9% |
| Taxes, remuneration and social security | 45 | €3,987 | €4,947 | +€960 | +24.1% |
| Taxes | 450/3 | €3,987 | €4,947 | +€960 | +24.1% |
| Other amounts payable | 47/48 | €17,421 | €2,647 | -€14,774 | -84.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,055 | €6,055 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,230 | €1,684 | -€546 | -24.5% |
| Gross operating margin | 9900 | €13,946 | €19,673 | +€5,726 | +41.1% |
| Operating profit (loss) | 9901 | €5,661 | €11,933 | +€6,272 | +111% |
| Financial income | 75/76B | €155 | €353 | +€197 | +127% |
| Recurring financial income | 75 | €155 | €353 | +€197 | +127% |
| Financial charges | 65/66B | €2,512 | €2,968 | +€457 | +18.2% |
| Recurring financial charges | 65 | €2,512 | €2,968 | +€457 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €3,305 | €9,317 | +€6,013 | +182% |
| Income taxes | 67/77 | €1,034 | €2,691 | +€1,658 | +160% |
| Profit (loss) for the period | 9904 | €2,271 | €6,626 | +€4,355 | +192% |
| Profit (loss) for the period to be appropriated | 9905 | €2,271 | €6,626 | +€4,355 | +192% |
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 15 October 2026 via checked.be.