LUYCKX G&O: what changed
What changed
LUYCKX G&O
filed annual accounts (NBB)
Net result for the year
€85,857
2023 · €84,920+€937
Equity
€327,031
2023 · €241,174+€85,857
Cash
€57,523
2023 · €205,364-€147,841
Balance sheet total
€589,452
2023 · €535,209+€54,243
Largest movements
Assets
- Current investments +€250,313
new in 2024: €250,313
- Cash -€147,841
down €147,841 (-72.0%), from €205,364 to €57,523
mainly Current investments (-€250,313) and Debts after one year (-€31,828)
- Tangible fixed assets -€27,742
down €27,742 (-12.3%), from €226,366 to €198,624
of which Leasing and similar rights: -€21,582
- Receivables within one year -€21,047
down €21,047 (-20.8%), from €101,160 to €80,113
of which Trade receivables: -€23,675
Equity and liabilities
- Profit (loss) carried forward +€85,857
up €85,857 (+37.1%), from €231,174 to €317,031
- Debts after one year -€31,828
down €31,828 (-15.2%), from €209,099 to €177,271
- Other debts +€9,752
up €9,752 (+23.7%), from €41,124 to €50,876
Income statement
- Depreciation +€4,075
up €4,075 (+12.5%), from €32,594 to €36,669
- Financial charges +€2,681
up €2,681 (+6.7%), from €40,204 to €42,885
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€84,920
Gross operating margin
+€1,819
Depreciation
-€4,075
Other operating charges
+€234
Other operating items
+€3,281
Financial income
+€837
Financial charges
-€2,681
Taxes
+€1,522
Result 2024
€85,857
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€148,502
Investment
-€260,281
Financing
-€36,062
Cash 2023
€205,364
From operations (derived)
+€148,502
Net result for the year
+€85,857
Depreciation
+€36,669
Receivables within one year
+€21,047
Smaller working-capital items
+€428
Tax, wage and social debts
-€5,250
Other debts
+€9,752
Investment (derived)
-€260,281
Investment in fixed assets (net)
-€9,968
Current investments
-€250,313
Financing
-€36,062
Debts after one year
-€31,828
Current portion of long-term debt
-€4,234
Cash 2024
€57,523
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €535,209 | €589,452 | +€54,243 | +10.1% |
| Fixed assets | 21/28 | €228,186 | €201,485 | -€26,701 | -11.7% |
| Intangible fixed assets | 21 | €1,820 | €2,861 | +€1,041 | +57.2% |
| Tangible fixed assets | 22/27 | €226,366 | €198,624 | -€27,742 | -12.3% |
| Land and buildings | 22 | €119,570 | €113,396 | -€6,174 | -5.2% |
| Plant, machinery and equipment | 23 | €1,059 | €4,623 | +€3,564 | +336% |
| Furniture and vehicles | 24 | €4,131 | €1,517 | -€2,614 | -63.3% |
| Leasing and similar rights | 25 | €92,670 | €71,088 | -€21,582 | -23.3% |
| Assets under construction and advance payments | 27 | €8,936 | €8,000 | -€936 | -10.5% |
| Current assets | 29/58 | €307,023 | €387,967 | +€80,944 | +26.4% |
| Amounts receivable within one year | 40/41 | €101,160 | €80,113 | -€21,047 | -20.8% |
| Trade receivables | 40 | €100,998 | €77,323 | -€23,675 | -23.4% |
| Other amounts receivable | 41 | €162 | €2,790 | +€2,628 | +1,621% |
| Current investments | 50/53 | - | €250,313 | +€250,313 | |
| Cash at bank and in hand | 54/58 | €205,364 | €57,523 | -€147,841 | -72.0% |
| Deferred charges and accrued income | 490/1 | €499 | €18 | -€481 | -96.5% |
| Total equity and liabilities | 10/49 | €535,209 | €589,452 | +€54,243 | +10.1% |
| Equity | 10/15 | €241,174 | €327,031 | +€85,857 | +35.6% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €231,174 | €317,031 | +€85,857 | +37.1% |
| Amounts payable | 17/49 | €294,035 | €262,421 | -€31,614 | -10.8% |
| Amounts payable after more than one year | 17 | €209,099 | €177,271 | -€31,828 | -15.2% |
| Financial debts | 170/4 | €209,099 | €177,271 | -€31,828 | -15.2% |
| Amounts payable within one year | 42/48 | €84,936 | €85,150 | +€214 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €36,009 | €31,775 | -€4,234 | -11.8% |
| Trade debts | 44 | €53 | - | -€53 | |
| Suppliers | 440/4 | €53 | - | -€53 | |
| Taxes, remuneration and social security | 45 | €7,750 | €2,500 | -€5,250 | -67.7% |
| Taxes | 450/3 | €7,750 | €2,500 | -€5,250 | -67.7% |
| Other amounts payable | 47/48 | €41,124 | €50,876 | +€9,752 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,594 | €36,669 | +€4,075 | +12.5% |
| Other operating charges | 640/8 | €905 | €672 | -€234 | -25.8% |
| Non-recurring operating charges | 66A | €3,281 | - | -€3,281 | |
| Gross operating margin | 9900 | €186,742 | €188,561 | +€1,819 | +1.0% |
| Operating profit (loss) | 9901 | €149,963 | €151,220 | +€1,258 | +0.8% |
| Financial income | 75/76B | - | €837 | +€837 | |
| Recurring financial income | 75 | - | €837 | +€837 | |
| Financial charges | 65/66B | €40,204 | €42,885 | +€2,681 | +6.7% |
| Recurring financial charges | 65 | €40,204 | €42,885 | +€2,681 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | €109,758 | €109,172 | -€586 | -0.5% |
| Income taxes | 67/77 | €24,838 | €23,315 | -€1,522 | -6.1% |
| Profit (loss) for the period | 9904 | €84,920 | €85,857 | +€937 | +1.1% |
| Profit (loss) for the period to be appropriated | 9905 | €84,920 | €85,857 | +€937 | +1.1% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.