MERCKX LUC: 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.
MERCKX LUC
Largest movements
- Receivables within one year -€156,432
down €156,432 (-40.0%), from €391,262 to €234,830
of which Trade receivables: -€149,305
- Cash -€36,170
down €36,170 (-28.8%), from €125,616 to €89,447
mainly Other debts (-€153,942) and Trade debts (-€87,467)
- Stocks and contracts -€20,690
down €20,690 (-22.7%), from €91,250 to €70,560
- Tangible fixed assets +€13,722
up €13,722 (+28.7%), from €47,839 to €61,561
of which Furniture and vehicles: +€24,920
- Other debts -€153,942
down €153,942 (-45.7%), from €336,740 to €182,798
- Trade debts -€87,467
down €87,467 (-44.3%), from €197,435 to €109,968
- Reserves +€21,750
up €21,750 (+24.6%), from €88,360 to €110,110
- Debts after one year +€21,741
up €21,741 (+89.4%), from €24,326 to €46,067
- Staff costs +€24,805
up €24,805 (+7.8%), from €316,937 to €341,742
- Financial charges -€9,958
down €9,958 (-41.6%), from €23,961 to €14,003
- Gross operating margin +€8,999
up €8,999 (+2.2%), from €401,816 to €410,815
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 | €719,267 | €520,001 | -€199,266 | -27.7% |
| Fixed assets | 21/28 | €106,675 | €120,396 | +€13,722 | +12.9% |
| Tangible fixed assets | 22/27 | €47,839 | €61,561 | +€13,722 | +28.7% |
| Plant, machinery and equipment | 23 | €36,808 | €25,610 | -€11,198 | -30.4% |
| Furniture and vehicles | 24 | €11,031 | €35,950 | +€24,920 | +226% |
| Financial fixed assets | 28 | €58,836 | €58,836 | = | 0.0% |
| Current assets | 29/58 | €612,592 | €399,605 | -€212,988 | -34.8% |
| Stocks and contracts in progress | 3 | €91,250 | €70,560 | -€20,690 | -22.7% |
| Stocks | 30/36 | €91,250 | €70,560 | -€20,690 | -22.7% |
| Amounts receivable within one year | 40/41 | €391,262 | €234,830 | -€156,432 | -40.0% |
| Trade receivables | 40 | €362,864 | €213,559 | -€149,305 | -41.1% |
| Other amounts receivable | 41 | €28,399 | €21,271 | -€7,128 | -25.1% |
| Cash at bank and in hand | 54/58 | €125,616 | €89,447 | -€36,170 | -28.8% |
| Deferred charges and accrued income | 490/1 | €4,463 | €4,768 | +€304 | +6.8% |
| Total equity and liabilities | 10/49 | €719,267 | €520,001 | -€199,266 | -27.7% |
| Equity | 10/15 | €129,365 | €151,119 | +€21,754 | +16.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €88,360 | €110,110 | +€21,750 | +24.6% |
| Distributable reserves | 133 | €88,360 | €110,110 | +€21,750 | +24.6% |
| Profit (loss) carried forward | 14 | €34,805 | €34,809 | +€4 | 0.0% |
| Amounts payable | 17/49 | €589,902 | €368,882 | -€221,020 | -37.5% |
| Amounts payable after more than one year | 17 | €24,326 | €46,067 | +€21,741 | +89.4% |
| Financial debts | 170/4 | €24,326 | €46,067 | +€21,741 | +89.4% |
| Amounts payable within one year | 42/48 | €564,711 | €322,539 | -€242,173 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €5,713 | €6,113 | +€401 | +7.0% |
| Trade debts | 44 | €197,435 | €109,968 | -€87,467 | -44.3% |
| Suppliers | 440/4 | €197,435 | €109,968 | -€87,467 | -44.3% |
| Taxes, remuneration and social security | 45 | €24,824 | €23,660 | -€1,164 | -4.7% |
| Taxes | 450/3 | €15,572 | €13,109 | -€2,463 | -15.8% |
| Remuneration and social security | 454/9 | €9,252 | €10,551 | +€1,299 | +14.0% |
| Other amounts payable | 47/48 | €336,740 | €182,798 | -€153,942 | -45.7% |
| Accrued charges and deferred income | 492/3 | €865 | €276 | -€588 | -68.0% |
| Remuneration, social security and pensions | 62 | €316,937 | €341,742 | +€24,805 | +7.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,366 | €19,093 | +€1,727 | +9.9% |
| Other operating charges | 640/8 | €2,071 | €1,737 | -€334 | -16.1% |
| Gross operating margin | 9900 | €401,816 | €410,815 | +€8,999 | +2.2% |
| Operating profit (loss) | 9901 | €65,443 | €48,243 | -€17,199 | -26.3% |
| Financial income | 75/76B | €594 | €256 | -€338 | -56.8% |
| Recurring financial income | 75 | €594 | €256 | -€338 | -56.8% |
| Financial charges | 65/66B | €23,961 | €14,003 | -€9,958 | -41.6% |
| Recurring financial charges | 65 | €23,961 | €14,003 | -€9,958 | -41.6% |
| Profit (loss) for the period before taxes | 9903 | €42,076 | €34,497 | -€7,579 | -18.0% |
| Income taxes | 67/77 | €15,394 | €12,743 | -€2,651 | -17.2% |
| Profit (loss) for the period | 9904 | €26,682 | €21,754 | -€4,928 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | €26,682 | €21,754 | -€4,928 | -18.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.