BST LUXEMBOURG: what changed
What changed
BST LUXEMBOURG
NACE 46.872, Wholesale trade
filed annual accounts (NBB)
Net result for the year
-€552,469
2024 · -€62,989-€489,480
Equity
€4.3m
2024 · €4.9m-€552,469
Cash
€1,585
2024 · €4,320-€2,735
Balance sheet total
€4.8m
2024 · €5.6m-€889,687
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-42.0%), from €3.0m to €1.7m
of which Other amounts receivable: -€921,959
- Stocks and contracts +€461,633
up €461,633 (+106%), from €434,291 to €895,924
- Tangible fixed assets -€74,639
down €74,639 (-3.4%), from €2.2m to €2.1m
of which Plant, machinery and equipment: -€56,660
Equity and liabilities
- Profit (loss) carried forward -€552,469
down €552,469 (-28.7%), from €1.9m to €1.4m
- Trade debts -€282,508
down €282,508 (-42.4%), from €665,965 to €383,457
Income statement
- Turnover -€5.4m
down €5.4m (-31.4%), from €17.3m to €11.9m
- Goods and materials -€4.3m
down €4.3m (-29.1%), from €14.8m to €10.5m
of which Purchases: -€2.9m
- Services and other goods -€524,152
down €524,152 (-32.1%), from €1.6m to €1.1m
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.
Result 2024
-€62,989
Turnover
-€5.4m
Other operating income
-€85,237
Goods and materials
+€4.3m
Services and other goods
+€524,152
Staff costs
+€109,628
Depreciation
-€30,053
Other operating charges
-€8,111
Other operating items
+€155,961
Financial income
-€22,660
Financial charges
-€2,957
Taxes
-€1,998
Result 2025
-€552,469
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€219,935
Investment
-€222,670
Financing
+€0
Cash 2024
€4,320
From operations (derived)
+€219,935
Net result for the year
-€552,469
Depreciation
+€297,309
Stocks and contracts
-€461,633
Receivables within one year
+€1.3m
Deferred charges and accrued income
+€21,464
Trade debts
-€282,508
Tax, wage and social debts
-€40,920
Accrued charges and deferred income
-€13,790
Investment (derived)
-€222,670
Investment in fixed assets (net)
-€222,670
Financing
+€0
Contributions, distributions and other
+€0
Cash 2025
€1,585
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,647,379 | €4,757,692 | -€889,687 | -15.8% |
| Fixed assets | 21/28 | €2,207,841 | €2,133,202 | -€74,639 | -3.4% |
| Tangible fixed assets | 22/27 | €2,194,191 | €2,119,552 | -€74,639 | -3.4% |
| Land and buildings | 22 | €943,864 | €931,474 | -€12,390 | -1.3% |
| Plant, machinery and equipment | 23 | €685,956 | €629,296 | -€56,660 | -8.3% |
| Furniture and vehicles | 24 | €407,137 | €437,282 | +€30,145 | +7.4% |
| Assets under construction and advance payments | 27 | €157,234 | €121,500 | -€35,734 | -22.7% |
| Financial fixed assets | 28 | €13,650 | €13,650 | = | 0.0% |
| Other financial fixed assets | 284/8 | €13,650 | €13,650 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €13,650 | €13,650 | = | 0.0% |
| Current assets | 29/58 | €3,439,538 | €2,624,490 | -€815,048 | -23.7% |
| Stocks and contracts in progress | 3 | €434,291 | €895,924 | +€461,633 | +106% |
| Stocks | 30/36 | €434,291 | €895,924 | +€461,633 | +106% |
| Raw materials and consumables | 30/31 | €83,619 | €247,486 | +€163,867 | +196% |
| Goods purchased for resale | 34 | €350,672 | €648,438 | +€297,766 | +84.9% |
| Amounts receivable within one year | 40/41 | €2,979,463 | €1,726,981 | -€1.3m | -42.0% |
| Trade receivables | 40 | €1,264,353 | €933,830 | -€330,523 | -26.1% |
| Other amounts receivable | 41 | €1,715,110 | €793,151 | -€921,959 | -53.8% |
| Cash at bank and in hand | 54/58 | €4,320 | €1,585 | -€2,735 | -63.3% |
| Deferred charges and accrued income | 490/1 | €21,464 | €0 | -€21,464 | -100% |
| Total equity and liabilities | 10/49 | €5,647,379 | €4,757,692 | -€889,687 | -15.8% |
| Equity | 10/15 | €4,867,824 | €4,315,355 | -€552,469 | -11.3% |
| Contributions | 10/11 | €2,837,850 | €2,837,850 | -€0 | 0.0% |
| Capital | 10 | €2,837,850 | €2,837,850 | -€0 | 0.0% |
| Issued capital | 100 | €2,837,850 | €2,837,850 | -€0 | 0.0% |
| Reserves | 13 | €104,648 | €104,648 | +€0 | 0.0% |
| Non-distributable reserves | 130/1 | €104,648 | €104,648 | +€0 | 0.0% |
| Legal reserve | 130 | €104,648 | €104,648 | +€0 | 0.0% |
| Profit (loss) carried forward | 14 | €1,925,326 | €1,372,857 | -€552,469 | -28.7% |
| Amounts payable | 17/49 | €779,555 | €442,337 | -€337,218 | -43.3% |
| Amounts payable within one year | 42/48 | €749,392 | €425,964 | -€323,428 | -43.2% |
| Trade debts | 44 | €665,965 | €383,457 | -€282,508 | -42.4% |
| Suppliers | 440/4 | €665,965 | €383,457 | -€282,508 | -42.4% |
| Taxes, remuneration and social security | 45 | €83,427 | €42,507 | -€40,920 | -49.0% |
| Taxes | 450/3 | €33,326 | - | -€33,326 | |
| Remuneration and social security | 454/9 | €50,101 | €42,507 | -€7,594 | -15.2% |
| Accrued charges and deferred income | 492/3 | €30,163 | €16,373 | -€13,790 | -45.7% |
| Operating income | 70/76A | €17,273,434 | €11,912,707 | -€5.4m | -31.0% |
| Turnover | 70 | €17,311,473 | €11,880,023 | -€5.4m | -31.4% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€141,173 | €0 | +€141,173 | |
| Other operating income | 74 | €101,634 | €16,397 | -€85,237 | -83.9% |
| Non-recurring operating income | 76A | €1,500 | €16,288 | +€14,788 | +986% |
| Operating charges | 60/66A | €17,377,908 | €12,479,045 | -€4.9m | -28.2% |
| Goods for resale, raw materials and consumables | 60 | €14,768,091 | €10,464,844 | -€4.3m | -29.1% |
| Purchases | 600/8 | €13,858,958 | €10,926,477 | -€2.9m | -21.2% |
| Change in stocks: decrease (increase) | 609 | €909,133 | -€461,633 | -€1.4m | |
| Services and other goods | 61 | €1,632,807 | €1,108,655 | -€524,152 | -32.1% |
| Remuneration, social security and pensions | 62 | €688,105 | €578,477 | -€109,628 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €267,256 | €297,309 | +€30,053 | +11.2% |
| Other operating charges | 640/8 | €21,649 | €29,760 | +€8,111 | +37.5% |
| Operating profit (loss) | 9901 | -€104,474 | -€566,338 | -€461,864 | -442% |
| Financial income | 75/76B | €47,102 | €24,442 | -€22,660 | -48.1% |
| Recurring financial income | 75 | €47,102 | €24,442 | -€22,660 | -48.1% |
| Income from current assets | 751 | €47,089 | €24,441 | -€22,648 | -48.1% |
| Other financial income | 752/9 | €13 | €1 | -€12 | -95.9% |
| Financial charges | 65/66B | €6,386 | €9,343 | +€2,957 | +46.3% |
| Recurring financial charges | 65 | €6,386 | €5,225 | -€1,161 | -18.2% |
| Other financial charges | 652/9 | €6,386 | €5,225 | -€1,161 | -18.2% |
| Non-recurring financial charges | 66B | - | €4,118 | +€4,118 | |
| Profit (loss) for the period before taxes | 9903 | -€63,758 | -€551,240 | -€487,482 | -765% |
| Income taxes | 67/77 | -€769 | €1,229 | +€1,998 | |
| Taxes | 670/3 | - | €1,229 | +€1,229 | |
| Tax adjustments and reversals of tax provisions | 77 | €769 | - | -€769 | |
| Profit (loss) for the period | 9904 | -€62,989 | -€552,469 | -€489,480 | -777% |
| Profit (loss) for the period to be appropriated | 9905 | -€62,989 | -€552,469 | -€489,480 | -777% |
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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 4 November 2026 via checked.be.