LUYCO: 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.
LUYCO
Largest movements
- Cash -€25,187
down €25,187 (-14.8%), from €170,698 to €145,511
mainly Contributions, distributions and other (-€33,500) and Debts after one year (-€18,623)
- Tangible fixed assets -€10,785
down €10,785 (-9.6%), from €112,702 to €101,917
of which Land and buildings: -€10,426
- Debts after one year -€18,623
down €18,623 (-79.6%), from €23,387 to €4,765
- Other debts -€14,000
down €14,000 (-83.3%), from €16,798 to €2,798
- Reserves -€6,595
down €6,595 (-4.0%), from €163,743 to €157,149
of which Distributable reserves: -€6,595
- Gross operating margin -€1,311
down €1,311 (-2.4%), from €54,836 to €53,525
- Financial charges -€659
down €659 (-32.8%), from €2,009 to €1,350
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 | €285,116 | €247,453 | -€37,664 | -13.2% |
| Fixed assets | 21/28 | €112,727 | €101,942 | -€10,785 | -9.6% |
| Tangible fixed assets | 22/27 | €112,702 | €101,917 | -€10,785 | -9.6% |
| Land and buildings | 22 | €111,373 | €100,947 | -€10,426 | -9.4% |
| Furniture and vehicles | 24 | €1,328 | €969 | -€359 | -27.0% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €172,390 | €145,511 | -€26,878 | -15.6% |
| Amounts receivable within one year | 40/41 | €1,691 | - | -€1,691 | |
| Other amounts receivable | 41 | €1,691 | - | -€1,691 | |
| Cash at bank and in hand | 54/58 | €170,698 | €145,511 | -€25,187 | -14.8% |
| Total equity and liabilities | 10/49 | €285,116 | €247,453 | -€37,664 | -13.2% |
| Equity | 10/15 | €225,243 | €218,649 | -€6,595 | -2.9% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €163,743 | €157,149 | -€6,595 | -4.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €157,593 | €150,999 | -€6,595 | -4.2% |
| Amounts payable | 17/49 | €59,873 | €28,804 | -€31,069 | -51.9% |
| Amounts payable after more than one year | 17 | €23,387 | €4,765 | -€18,623 | -79.6% |
| Financial debts | 170/4 | €23,387 | €4,765 | -€18,623 | -79.6% |
| Amounts payable within one year | 42/48 | €36,485 | €24,039 | -€12,446 | -34.1% |
| Current portion of amounts payable after more than one year | 42 | €17,942 | €18,623 | +€681 | +3.8% |
| Trade debts | 44 | - | €303 | +€303 | |
| Suppliers | 440/4 | - | €303 | +€303 | |
| Taxes, remuneration and social security | 45 | €1,746 | €2,316 | +€570 | +32.6% |
| Taxes | 450/3 | €1,746 | €2,316 | +€570 | +32.6% |
| Other amounts payable | 47/48 | €16,798 | €2,798 | -€14,000 | -83.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,785 | €10,785 | = | 0.0% |
| Other operating charges | 640/8 | €1,857 | €1,914 | +€56 | +3.0% |
| Gross operating margin | 9900 | €54,836 | €53,525 | -€1,311 | -2.4% |
| Operating profit (loss) | 9901 | €42,194 | €40,826 | -€1,368 | -3.2% |
| Financial charges | 65/66B | €2,009 | €1,350 | -€659 | -32.8% |
| Recurring financial charges | 65 | €2,009 | €1,350 | -€659 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | €40,185 | €39,476 | -€709 | -1.8% |
| Income taxes | 67/77 | €12,746 | €12,570 | -€176 | -1.4% |
| Profit (loss) for the period | 9904 | €27,438 | €26,905 | -€533 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,438 | €26,905 | -€533 | -1.9% |
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 7 October 2026 via checked.be.