LUYCKX WOUTER: 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 WOUTER
Largest movements
- Tangible fixed assets +€28,925
up €28,925 (+100.2%), from €28,859 to €57,785
of which Furniture and vehicles: +€30,361
- Cash -€9,296
down €9,296 (-17.5%), from €53,074 to €43,778
mainly Investment in fixed assets (net) (-€39,358) and Receivables within one year (-€9,258)
- Receivables within one year +€9,258
up €9,258 (+20.3%), from €45,601 to €54,860
- Reserves +€25,133
up €25,133 (+29.8%), from €84,396 to €109,529
of which Distributable reserves: +€25,133
- Other debts +€12,532
up €12,532 (+109.7%), from €11,421 to €23,953
- Tax, wage and social debts -€5,647
down €5,647 (-37.5%), from €15,073 to €9,426
of which Taxes: -€5,568
- Trade debts -€2,070
down €2,070 (-47.6%), from €4,350 to €2,280
- Purchases and services +€31,903
up €31,903 (+40.4%), from €79,010 to €110,913
- Depreciation +€6,428
up €6,428 (+160.5%), from €4,004 to €10,433
- Taxes -€3,100
down €3,100 (-18.6%), from €16,686 to €13,587
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 | €127,737 | €157,686 | +€29,949 | +23.4% |
| Fixed assets | 21/28 | €28,859 | €57,785 | +€28,925 | +100.2% |
| Tangible fixed assets | 22/27 | €28,859 | €57,785 | +€28,925 | +100.2% |
| Plant, machinery and equipment | 23 | €1,523 | €1,176 | -€347 | -22.8% |
| Furniture and vehicles | 24 | €4,243 | €34,604 | +€30,361 | +715.5% |
| Other tangible fixed assets | 26 | €23,093 | €22,005 | -€1,089 | -4.7% |
| Current assets | 29/58 | €98,877 | €99,901 | +€1,023 | +1.0% |
| Amounts receivable within one year | 40/41 | €45,601 | €54,860 | +€9,258 | +20.3% |
| Trade receivables | 40 | €45,601 | €54,860 | +€9,258 | +20.3% |
| Cash at bank and in hand | 54/58 | €53,074 | €43,778 | -€9,296 | -17.5% |
| Deferred charges and accrued income | 490/1 | €202 | €1,263 | +€1,061 | +525.9% |
| Total equity and liabilities | 10/49 | €127,737 | €157,686 | +€29,949 | +23.4% |
| Equity | 10/15 | €96,893 | €122,027 | +€25,133 | +25.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €84,396 | €109,529 | +€25,133 | +29.8% |
| 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 | €82,536 | €107,669 | +€25,133 | +30.5% |
| Profit (loss) carried forward | 14 | €97 | €97 | = | 0.0% |
| Amounts payable | 17/49 | €30,844 | €35,659 | +€4,815 | +15.6% |
| Amounts payable within one year | 42/48 | €30,844 | €35,659 | +€4,815 | +15.6% |
| Trade debts | 44 | €4,350 | €2,280 | -€2,070 | -47.6% |
| Suppliers | 440/4 | €4,350 | €2,280 | -€2,070 | -47.6% |
| Taxes, remuneration and social security | 45 | €15,073 | €9,426 | -€5,647 | -37.5% |
| Taxes | 450/3 | €13,567 | €7,999 | -€5,568 | -41.0% |
| Remuneration and social security | 454/9 | €1,506 | €1,427 | -€79 | -5.2% |
| Other amounts payable | 47/48 | €11,421 | €23,953 | +€12,532 | +109.7% |
| Non-recurring operating income | 76A | - | €4,959 | +€4,959 | |
| Goods, raw materials, services and sundry goods | 60/61 | €79,010 | €110,913 | +€31,903 | +40.4% |
| Remuneration, social security and pensions | 62 | €7,136 | €7,310 | +€174 | +2.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,004 | €10,433 | +€6,428 | +160.5% |
| Other operating charges | 640/8 | €1,201 | €766 | -€435 | -36.2% |
| Gross operating margin | 9900 | €61,245 | €61,784 | +€538 | +0.9% |
| Operating profit (loss) | 9901 | €48,904 | €43,275 | -€5,629 | -11.5% |
| Financial income | 75/76B | €1 | €6 | +€5 | +484.5% |
| Recurring financial income | 75 | €1 | €6 | +€5 | +484.5% |
| Financial charges | 65/66B | €174 | €160 | -€15 | -8.3% |
| Recurring financial charges | 65 | €174 | €160 | -€15 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €48,731 | €43,121 | -€5,610 | -11.5% |
| Income taxes | 67/77 | €16,686 | €13,587 | -€3,100 | -18.6% |
| Profit (loss) for the period | 9904 | €32,044 | €29,534 | -€2,510 | -7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €32,044 | €29,534 | -€2,510 | -7.8% |
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 8 October 2026 via checked.be.