BL LUX INVEST: 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.
BL LUX INVEST
Largest movements
- Tangible fixed assets -€340,018
no longer reported in 2025 (was €340,018)
- Receivables within one year -€5,997
down €5,997 (-89.4%), from €6,708 to €711
of which Trade receivables: -€6,353
- Cash +€4,065
up €4,065 (+89.7%), from €4,534 to €8,599
mainly Investment in fixed assets (net) (+€340,018) and Net result for the year (+€27,190)
- Debts after one year -€370,500
no longer reported in 2025 (was €370,500)
- Profit (loss) carried forward +€27,190
up €27,190 (+93.4%), from -€29,114 to -€1,924
- Gross operating margin +€36,408
up €36,408 (+898%), from €4,057 to €40,465
- Depreciation -€16,251
no longer reported in 2025 (was €16,251)
- Financial charges -€2,871
down €2,871 (-20.9%), from €13,746 to €10,876
- Other operating charges -€774
down €774 (-24.4%), from €3,173 to €2,399
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 | €351,773 | €9,310 | -€342,463 | -97.4% |
| Fixed assets | 21/28 | €340,018 | - | -€340,018 | |
| Tangible fixed assets | 22/27 | €340,018 | - | -€340,018 | |
| Land and buildings | 22 | €340,018 | - | -€340,018 | |
| Current assets | 29/58 | €11,755 | €9,310 | -€2,446 | -20.8% |
| Amounts receivable within one year | 40/41 | €6,708 | €711 | -€5,997 | -89.4% |
| Trade receivables | 40 | €6,353 | - | -€6,353 | |
| Other amounts receivable | 41 | €355 | €711 | +€355 | +100% |
| Cash at bank and in hand | 54/58 | €4,534 | €8,599 | +€4,065 | +89.7% |
| Deferred charges and accrued income | 490/1 | €514 | - | -€514 | |
| Total equity and liabilities | 10/49 | €351,773 | €9,310 | -€342,463 | -97.4% |
| Equity | 10/15 | -€19,114 | €8,076 | +€27,190 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,114 | -€1,924 | +€27,190 | +93.4% |
| Amounts payable | 17/49 | €370,887 | €1,234 | -€369,653 | -99.7% |
| Amounts payable after more than one year | 17 | €370,500 | - | -€370,500 | |
| Financial debts | 170/4 | €370,500 | - | -€370,500 | |
| Amounts payable within one year | 42/48 | €387 | €1,234 | +€847 | +219% |
| Trade debts | 44 | €387 | €1,234 | +€847 | +219% |
| Suppliers | 440/4 | €387 | €1,234 | +€847 | +219% |
| Non-recurring operating income | 76A | - | €21,982 | +€21,982 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,251 | - | -€16,251 | |
| Other operating charges | 640/8 | €3,173 | €2,399 | -€774 | -24.4% |
| Gross operating margin | 9900 | €4,057 | €40,465 | +€36,408 | +898% |
| Operating profit (loss) | 9901 | -€15,368 | €38,066 | +€53,434 | |
| Financial charges | 65/66B | €13,746 | €10,876 | -€2,871 | -20.9% |
| Recurring financial charges | 65 | €13,746 | €10,876 | -€2,871 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | -€29,114 | €27,190 | +€56,304 | |
| Profit (loss) for the period | 9904 | -€29,114 | €27,190 | +€56,304 | |
| Profit (loss) for the period to be appropriated | 9905 | -€29,114 | €27,190 | +€56,304 |
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 30 October 2026 via checked.be.