SINT-LUKAS DESIGN: what changed
SINT-LUKAS DESIGN
Largest movements
- Receivables within one year +€18,253
up €18,253 (+39.1%), from €46,639 to €64,892
of which Trade receivables: +€32,663
- Cash +€8,325
up €8,325 (+20.2%), from €41,243 to €49,569
mainly Net result for the year (+€21,202) and Tax, wage and social debts (+€15,456)
- Tangible fixed assets -€5,591
down €5,591 (-85.5%), from €6,538 to €948
- Profit (loss) carried forward +€32,543
up €32,543, from -€2,469 to €30,073
- Current portion of long-term debt -€29,254
no longer reported in 2025 (was €29,254)
- Tax, wage and social debts +€15,456
up €15,456 (+229%), from €6,739 to €22,195
of which Taxes: +€9,373
- Trade debts +€9,366
up €9,366 (+88.5%), from €10,588 to €19,954
- Other debts -€6,738
down €6,738 (-65.5%), from €10,283 to €3,545
- Turnover -€33,488
down €33,488 (-27.7%), from €120,680 to €87,191
- Purchases and services -€19,850
down €19,850 (-25.1%), from €78,989 to €59,139
- Gross operating margin -€13,154
down €13,154 (-31.6%), from €41,691 to €28,537
- Provisions -€8,923
new in 2025: -€8,923
- Taxes +€8,871
new in 2025: €8,871
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €96,340 | €117,328 | +€20,987 | +21.8% |
| Fixed assets | 21/28 | €6,708 | €1,118 | -€5,591 | -83.3% |
| Tangible fixed assets | 22/27 | €6,538 | €948 | -€5,591 | -85.5% |
| Furniture and vehicles | 24 | €6,538 | €948 | -€5,591 | -85.5% |
| Financial fixed assets | 28 | €170 | €170 | = | 0.0% |
| Current assets | 29/58 | €89,632 | €116,210 | +€26,578 | +29.7% |
| Stocks and contracts in progress | 3 | €1,750 | €1,750 | = | 0.0% |
| Stocks | 30/36 | €1,750 | €1,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €46,639 | €64,892 | +€18,253 | +39.1% |
| Trade receivables | 40 | €32,229 | €64,892 | +€32,663 | +101% |
| Other amounts receivable | 41 | €14,410 | - | -€14,410 | |
| Cash at bank and in hand | 54/58 | €41,243 | €49,569 | +€8,325 | +20.2% |
| Total equity and liabilities | 10/49 | €96,340 | €117,328 | +€20,987 | +21.8% |
| Equity | 10/15 | €31,231 | €65,633 | +€34,403 | +110% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €27,500 | €29,360 | +€1,860 | +6.8% |
| Distributable reserves | 133 | €27,500 | €29,360 | +€1,860 | +6.8% |
| Profit (loss) carried forward | 14 | -€2,469 | €30,073 | +€32,543 | |
| Provisions and deferred taxes | 16 | €8,245 | €6,000 | -€2,245 | -27.2% |
| Provisions for liabilities and charges | 160/5 | €8,245 | €6,000 | -€2,245 | -27.2% |
| Other liabilities and charges | 164/5 | €8,245 | €6,000 | -€2,245 | -27.2% |
| Amounts payable | 17/49 | €56,865 | €45,694 | -€11,170 | -19.6% |
| Amounts payable within one year | 42/48 | €56,865 | €45,694 | -€11,170 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €29,254 | - | -€29,254 | |
| Trade debts | 44 | €10,588 | €19,954 | +€9,366 | +88.5% |
| Suppliers | 440/4 | €10,588 | €19,954 | +€9,366 | +88.5% |
| Taxes, remuneration and social security | 45 | €6,739 | €22,195 | +€15,456 | +229% |
| Taxes | 450/3 | - | €9,373 | +€9,373 | |
| Remuneration and social security | 454/9 | €6,739 | €12,821 | +€6,082 | +90.3% |
| Other amounts payable | 47/48 | €10,283 | €3,545 | -€6,738 | -65.5% |
| Turnover | 70 | €120,680 | €87,191 | -€33,488 | -27.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €78,989 | €59,139 | -€19,850 | -25.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,735 | €5,591 | -€3,144 | -36.0% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€8,923 | -€8,923 | |
| Other operating charges | 640/8 | - | €1,605 | +€1,605 | |
| Gross operating margin | 9900 | €41,691 | €28,537 | -€13,154 | -31.6% |
| Operating profit (loss) | 9901 | €32,956 | €30,264 | -€2,692 | -8.2% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €734 | €191 | -€543 | -73.9% |
| Recurring financial charges | 65 | €734 | €191 | -€543 | -73.9% |
| Profit (loss) for the period before taxes | 9903 | €32,225 | €30,073 | -€2,152 | -6.7% |
| Income taxes | 67/77 | - | €8,871 | +€8,871 | |
| Profit (loss) for the period | 9904 | €32,225 | €21,202 | -€11,022 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €32,225 | €21,202 | -€11,022 | -34.2% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.