LUYKS DANNY: 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.
LUYKS DANNY
Largest movements
- Receivables after one year -€62,000
down €62,000 (-100%), from €62,000 to €0
- Receivables within one year -€37,792
down €37,792 (-62.1%), from €60,869 to €23,077
of which Trade receivables: -€31,226
- Stocks and contracts -€26,821
down €26,821 (-100%), from €26,821 to €0
- Cash -€16,836
down €16,836 (-28.7%), from €58,680 to €41,844
mainly Debts after one year (-€48,689) and Other debts (-€39,454)
- Debts after one year -€48,689
down €48,689 (-37.0%), from €131,689 to €83,000
of which Financial debts: -€49,389
- Other debts -€39,454
down €39,454 (-96.0%), from €41,091 to €1,637
- Trade debts -€26,329
down €26,329 (-88.9%), from €29,618 to €3,289
- Profit (loss) carried forward -€18,102
down €18,102, from €9,384 to -€8,718
- Current portion of long-term debt -€8,832
down €8,832 (-100%), from €8,832 to €0
- Gross operating margin -€50,023
down €50,023, from €48,425 to -€1,598
- Write-downs +€12,068
new in 2025: €12,068
- Depreciation -€2,622
down €2,622 (-100%), from €2,622 to €0
- Other operating charges -€1,339
down €1,339 (-39.2%), from €3,414 to €2,075
- Financial income -€1,205
down €1,205 (-51.7%), from €2,329 to €1,125
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 | €339,120 | €197,938 | -€141,181 | -41.6% |
| Fixed assets | 21/28 | €25,371 | €25,160 | -€210 | -0.8% |
| Tangible fixed assets | 22/27 | €25,371 | €25,160 | -€210 | -0.8% |
| Land and buildings | 22 | €25,160 | €25,160 | = | 0.0% |
| Plant, machinery and equipment | 23 | €210 | €0 | -€210 | -100% |
| Current assets | 29/58 | €313,749 | €172,778 | -€140,971 | -44.9% |
| Amounts receivable after more than one year | 29 | €62,000 | €0 | -€62,000 | -100% |
| Other amounts receivable | 291 | €62,000 | €0 | -€62,000 | -100% |
| Stocks and contracts in progress | 3 | €26,821 | €0 | -€26,821 | -100% |
| Stocks | 30/36 | €26,821 | €0 | -€26,821 | -100% |
| Amounts receivable within one year | 40/41 | €60,869 | €23,077 | -€37,792 | -62.1% |
| Trade receivables | 40 | €48,947 | €17,721 | -€31,226 | -63.8% |
| Other amounts receivable | 41 | €11,922 | €5,356 | -€6,566 | -55.1% |
| Current investments | 50/53 | €104,500 | €104,704 | +€204 | +0.2% |
| Cash at bank and in hand | 54/58 | €58,680 | €41,844 | -€16,836 | -28.7% |
| Deferred charges and accrued income | 490/1 | €878 | €3,154 | +€2,275 | +259% |
| Total equity and liabilities | 10/49 | €339,120 | €197,938 | -€141,181 | -41.6% |
| Equity | 10/15 | €127,321 | €109,219 | -€18,102 | -14.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €99,337 | €99,337 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,110 | €13,110 | = | 0.0% |
| Reserves not available under the articles | 1311 | €13,110 | €13,110 | = | 0.0% |
| Tax-exempt reserves | 132 | €66,227 | €66,227 | = | 0.0% |
| Distributable reserves | 133 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,384 | -€8,718 | -€18,102 | |
| Amounts payable | 17/49 | €211,799 | €88,719 | -€123,079 | -58.1% |
| Amounts payable after more than one year | 17 | €131,689 | €83,000 | -€48,689 | -37.0% |
| Financial debts | 170/4 | €71,389 | €22,000 | -€49,389 | -69.2% |
| Other amounts payable | 178/9 | €60,300 | €61,000 | +€700 | +1.2% |
| Amounts payable within one year | 42/48 | €79,993 | €5,719 | -€74,273 | -92.9% |
| Current portion of amounts payable after more than one year | 42 | €8,832 | €0 | -€8,832 | -100% |
| Trade debts | 44 | €29,618 | €3,289 | -€26,329 | -88.9% |
| Suppliers | 440/4 | €29,618 | €3,289 | -€26,329 | -88.9% |
| Taxes, remuneration and social security | 45 | €452 | €793 | +€341 | +75.4% |
| Taxes | 450/3 | €452 | €793 | +€341 | +75.4% |
| Other amounts payable | 47/48 | €41,091 | €1,637 | -€39,454 | -96.0% |
| Accrued charges and deferred income | 492/3 | €117 | €0 | -€117 | -100% |
| Non-recurring operating income | 76A | - | €2,380 | +€2,380 | |
| Remuneration, social security and pensions | 62 | €67 | €0 | -€67 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,622 | €0 | -€2,622 | -100% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,068 | +€12,068 | |
| Other operating charges | 640/8 | €3,414 | €2,075 | -€1,339 | -39.2% |
| Gross operating margin | 9900 | €48,425 | -€1,598 | -€50,023 | |
| Operating profit (loss) | 9901 | €42,323 | -€15,740 | -€58,062 | |
| Financial income | 75/76B | €2,329 | €1,125 | -€1,205 | -51.7% |
| Recurring financial income | 75 | €2,329 | €1,125 | -€1,205 | -51.7% |
| Financial charges | 65/66B | €3,394 | €3,487 | +€93 | +2.8% |
| Recurring financial charges | 65 | €3,394 | €3,487 | +€93 | +2.8% |
| Profit (loss) for the period before taxes | 9903 | €41,259 | -€18,102 | -€59,360 | |
| Income taxes | 67/77 | €530 | €0 | -€530 | -100% |
| Profit (loss) for the period | 9904 | €40,729 | -€18,102 | -€58,830 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,729 | -€18,102 | -€58,830 |
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 31 October 2026 via checked.be.