Van Luchene: 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.
Van Luchene
Largest movements
- Tangible fixed assets +€50,032
up €50,032 (+491.3%), from €10,183 to €60,215
of which Leasing and similar rights: +€39,297
- Receivables within one year -€32,169
down €32,169 (-19.6%), from €164,325 to €132,156
of which Other amounts receivable: -€66,601
- Cash -€6,273
down €6,273 (-24.4%), from €25,753 to €19,480
mainly Investment in fixed assets (net) (-€54,169) and Trade debts (-€26,425)
- Stocks and contracts +€5,342
up €5,342 (+33.7%), from €15,867 to €21,209
- Debts after one year +€31,439
new in 2025: €31,439
- Trade debts -€26,425
down €26,425 (-72.4%), from €36,482 to €10,057
- Reserves +€24,173
up €24,173 (+15.5%), from €156,017 to €180,190
of which Distributable reserves: +€24,173
- Other debts -€22,500
down €22,500 (-100.0%), from €22,500 to €0
- Current portion of long-term debt +€7,422
new in 2025: €7,422
- Gross operating margin -€9,478
down €9,478 (-8.4%), from €113,495 to €104,017
- Taxes +€2,916
up €2,916 (+45.4%), from €6,420 to €9,336
- Staff costs -€2,229
down €2,229 (-3.4%), from €65,577 to €63,348
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 | €227,267 | €242,316 | +€15,049 | +6.6% |
| Fixed assets | 21/28 | €10,233 | €60,265 | +€50,032 | +488.9% |
| Tangible fixed assets | 22/27 | €10,183 | €60,215 | +€50,032 | +491.3% |
| Plant, machinery and equipment | 23 | €10,183 | €11,759 | +€1,576 | +15.5% |
| Furniture and vehicles | 24 | - | €9,159 | +€9,159 | |
| Leasing and similar rights | 25 | - | €39,297 | +€39,297 | |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €217,034 | €182,051 | -€34,983 | -16.1% |
| Stocks and contracts in progress | 3 | €15,867 | €21,209 | +€5,342 | +33.7% |
| Stocks | 30/36 | €15,867 | €21,209 | +€5,342 | +33.7% |
| Amounts receivable within one year | 40/41 | €164,325 | €132,156 | -€32,169 | -19.6% |
| Trade receivables | 40 | €58,589 | €93,020 | +€34,432 | +58.8% |
| Other amounts receivable | 41 | €105,736 | €39,136 | -€66,601 | -63.0% |
| Cash at bank and in hand | 54/58 | €25,753 | €19,480 | -€6,273 | -24.4% |
| Deferred charges and accrued income | 490/1 | €11,089 | €9,206 | -€1,883 | -17.0% |
| Total equity and liabilities | 10/49 | €227,267 | €242,316 | +€15,049 | +6.6% |
| Equity | 10/15 | €162,517 | €186,690 | +€24,173 | +14.9% |
| Contributions | 10/11 | €6,500 | €6,500 | = | 0.0% |
| Reserves | 13 | €156,017 | €180,190 | +€24,173 | +15.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €156,017 | €180,190 | +€24,173 | +15.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €64,750 | €55,626 | -€9,124 | -14.1% |
| Amounts payable after more than one year | 17 | - | €31,439 | +€31,439 | |
| Financial debts | 170/4 | - | €31,439 | +€31,439 | |
| Amounts payable within one year | 42/48 | €64,366 | €23,777 | -€40,589 | -63.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,422 | +€7,422 | |
| Trade debts | 44 | €36,482 | €10,057 | -€26,425 | -72.4% |
| Suppliers | 440/4 | €36,482 | €10,057 | -€26,425 | -72.4% |
| Taxes, remuneration and social security | 45 | €5,384 | €6,297 | +€913 | +17.0% |
| Taxes | 450/3 | €1,364 | €2,653 | +€1,289 | +94.5% |
| Remuneration and social security | 454/9 | €4,020 | €3,645 | -€376 | -9.3% |
| Other amounts payable | 47/48 | €22,500 | €0 | -€22,500 | -100.0% |
| Accrued charges and deferred income | 492/3 | €384 | €410 | +€26 | +6.8% |
| Non-recurring operating income | 76A | - | €4,888 | +€4,888 | |
| Remuneration, social security and pensions | 62 | €65,577 | €63,348 | -€2,229 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,567 | €4,137 | +€569 | +16.0% |
| Other operating charges | 640/8 | €2,676 | €2,389 | -€287 | -10.7% |
| Gross operating margin | 9900 | €113,495 | €104,017 | -€9,478 | -8.4% |
| Operating profit (loss) | 9901 | €41,674 | €34,143 | -€7,531 | -18.1% |
| Financial income | 75/76B | €1,305 | €1,058 | -€247 | -18.9% |
| Recurring financial income | 75 | €1,305 | €1,058 | -€247 | -18.9% |
| Financial charges | 65/66B | €764 | €1,693 | +€929 | +121.6% |
| Recurring financial charges | 65 | €764 | €1,693 | +€929 | +121.6% |
| Profit (loss) for the period before taxes | 9903 | €42,216 | €33,508 | -€8,707 | -20.6% |
| Income taxes | 67/77 | €6,420 | €9,336 | +€2,916 | +45.4% |
| Profit (loss) for the period | 9904 | €35,796 | €24,173 | -€11,624 | -32.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,796 | €24,173 | -€11,624 | -32.5% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.