LYCKAS: 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.
LYCKAS
Largest movements
- Receivables within one year +€18,941
up €18,941 (+53.8%), from €35,189 to €54,131
of which Other amounts receivable: +€19,115
- Cash +€13,865
up €13,865 (+35.6%), from €38,994 to €52,859
mainly Net result for the year (+€47,346) and Depreciation (+€3,818)
- Tangible fixed assets +€8,391
up €8,391 (+29.7%), from €28,215 to €36,606
of which Land and buildings: +€7,781
- Reserves +€87,300
new in 2025: €87,300
- Profit (loss) carried forward -€39,954
down €39,954 (-99.3%), from €40,247 to €293
- Trade debts -€6,347
down €6,347 (-30.0%), from €21,179 to €14,833
- Tax, wage and social debts +€2,363
up €2,363 (+6.7%), from €35,258 to €37,620
- Other debts -€2,107
down €2,107 (-79.3%), from €2,657 to €550
- Gross operating margin +€32,128
up €32,128 (+57.4%), from €55,978 to €88,106
- Taxes +€19,549
up €19,549 (+214.6%), from €9,108 to €28,657
- Staff costs +€6,059
new in 2025: €6,059
- Depreciation +€1,996
up €1,996 (+109.6%), from €1,822 to €3,818
- Other operating charges +€1,310
up €1,310 (+154.3%), from €849 to €2,160
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 | €102,398 | €143,595 | +€41,197 | +40.2% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €28,215 | €36,606 | +€8,391 | +29.7% |
| Tangible fixed assets | 22/27 | €28,215 | €36,606 | +€8,391 | +29.7% |
| Land and buildings | 22 | €8,191 | €15,972 | +€7,781 | +95.0% |
| Furniture and vehicles | 24 | €20,023 | €20,634 | +€611 | +3.0% |
| Current assets | 29/58 | €74,183 | €106,990 | +€32,806 | +44.2% |
| Amounts receivable within one year | 40/41 | €35,189 | €54,131 | +€18,941 | +53.8% |
| Trade receivables | 40 | €35,189 | €35,016 | -€173 | -0.5% |
| Other amounts receivable | 41 | - | €19,115 | +€19,115 | |
| Cash at bank and in hand | 54/58 | €38,994 | €52,859 | +€13,865 | +35.6% |
| Total equity and liabilities | 10/49 | €102,398 | €143,595 | +€41,197 | +40.2% |
| Equity | 10/15 | €43,247 | €90,593 | +€47,346 | +109.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €87,300 | +€87,300 | |
| Distributable reserves | 133 | - | €87,300 | +€87,300 | |
| Profit (loss) carried forward | 14 | €40,247 | €293 | -€39,954 | -99.3% |
| Amounts payable | 17/49 | €59,151 | €53,003 | -€6,148 | -10.4% |
| Amounts payable within one year | 42/48 | €59,094 | €53,003 | -€6,091 | -10.3% |
| Trade debts | 44 | €21,179 | €14,833 | -€6,347 | -30.0% |
| Suppliers | 440/4 | €21,179 | €14,833 | -€6,347 | -30.0% |
| Taxes, remuneration and social security | 45 | €35,258 | €37,620 | +€2,363 | +6.7% |
| Taxes | 450/3 | €35,258 | €37,620 | +€2,363 | +6.7% |
| Other amounts payable | 47/48 | €2,657 | €550 | -€2,107 | -79.3% |
| Accrued charges and deferred income | 492/3 | €57 | - | -€57 | |
| Remuneration, social security and pensions | 62 | - | €6,059 | +€6,059 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,822 | €3,818 | +€1,996 | +109.6% |
| Other operating charges | 640/8 | €849 | €2,160 | +€1,310 | +154.3% |
| Gross operating margin | 9900 | €55,978 | €88,106 | +€32,128 | +57.4% |
| Operating profit (loss) | 9901 | €53,307 | €76,070 | +€22,764 | +42.7% |
| Financial income | 75/76B | €9 | €428 | +€419 | +4813.3% |
| Recurring financial income | 75 | €9 | €428 | +€419 | +4813.3% |
| Financial charges | 65/66B | €198 | €495 | +€297 | +149.9% |
| Recurring financial charges | 65 | €198 | €495 | +€297 | +149.9% |
| Profit (loss) for the period before taxes | 9903 | €53,117 | €76,003 | +€22,886 | +43.1% |
| Income taxes | 67/77 | €9,108 | €28,657 | +€19,549 | +214.6% |
| Profit (loss) for the period | 9904 | €44,009 | €47,346 | +€3,336 | +7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €44,009 | €47,346 | +€3,336 | +7.6% |
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 6 October 2026 via checked.be.