David Luff Avocat: what changed
What changed
David Luff Avocat
NACE 69.101, Activities of lawyers
filed annual accounts (NBB)
Net result for the year
€8,412
2024 · €67,174-€58,763
Equity
€837,240
2024 · €828,829+€8,412
Cash
€54,959
2024 · €165,509-€110,550
Balance sheet total
€1.0m
2024 · €1.0m-€6,563
Largest movements
Assets
- Receivables within one year +€119,487
up €119,487 (+61.4%), from €194,453 to €313,941
of which Other amounts receivable: +€64,888
- Cash -€110,550
down €110,550 (-66.8%), from €165,509 to €54,959
mainly Receivables within one year (-€119,487) and Debts after one year (-€14,842)
- Tangible fixed assets -€15,649
down €15,649 (-3.2%), from €488,080 to €472,431
of which Land and buildings: -€16,175
Equity and liabilities
- Debts after one year -€14,842
down €14,842 (-8.9%), from €166,730 to €151,889
Income statement
- Gross operating margin -€78,423
down €78,423 (-75.0%), from €104,586 to €26,163
- Taxes -€21,600
down €21,600 (-80.4%), from €26,869 to €5,269
- Financial income -€3,813
down €3,813 (-23.9%), from €15,964 to €12,151
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
€67,174
Gross operating margin
-€78,423
Depreciation
+€944
Other operating charges
+€229
Financial income
-€3,813
Financial charges
+€700
Taxes
+€21,600
Result 2025
€8,412
raises the resultlowers the result
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
-€91,585
Investment
-€4,330
Financing
-€14,635
Cash 2024
€165,509
From operations (derived)
-€91,585
Net result for the year
+€8,412
Depreciation
+€19,979
Receivables within one year
-€119,487
Deferred charges and accrued income
-€149
Trade debts
+€1,716
Tax, wage and social debts
-€2,056
Investment (derived)
-€4,330
Investment in fixed assets (net)
-€4,330
Financing
-€14,635
Debts after one year
-€14,842
Current portion of long-term debt
+€207
Cash 2025
€54,959
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,033,534 | €1,026,971 | -€6,563 | -0.6% |
| Fixed assets | 21/28 | €489,080 | €473,431 | -€15,649 | -3.2% |
| Tangible fixed assets | 22/27 | €488,080 | €472,431 | -€15,649 | -3.2% |
| Land and buildings | 22 | €478,596 | €462,421 | -€16,175 | -3.4% |
| Plant, machinery and equipment | 23 | €335 | €160 | -€175 | -52.2% |
| Furniture and vehicles | 24 | €8,563 | €9,691 | +€1,128 | +13.2% |
| Other tangible fixed assets | 26 | €587 | €159 | -€427 | -72.8% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €544,454 | €553,540 | +€9,086 | +1.7% |
| Amounts receivable after more than one year | 29 | €184,000 | €184,000 | = | 0.0% |
| Other amounts receivable | 291 | €184,000 | €184,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,453 | €313,941 | +€119,487 | +61.4% |
| Trade receivables | 40 | €50,648 | €105,247 | +€54,599 | +108% |
| Other amounts receivable | 41 | €143,806 | €208,693 | +€64,888 | +45.1% |
| Cash at bank and in hand | 54/58 | €165,509 | €54,959 | -€110,550 | -66.8% |
| Deferred charges and accrued income | 490/1 | €492 | €641 | +€149 | +30.3% |
| Total equity and liabilities | 10/49 | €1,033,534 | €1,026,971 | -€6,563 | -0.6% |
| Equity | 10/15 | €828,829 | €837,240 | +€8,412 | +1.0% |
| Contributions | 10/11 | €12,600 | €12,600 | = | 0.0% |
| Reserves | 13 | €551,705 | €560,116 | +€8,412 | +1.5% |
| Distributable reserves | 133 | €551,705 | €560,116 | +€8,412 | +1.5% |
| Profit (loss) carried forward | 14 | €264,524 | €264,524 | = | 0.0% |
| Amounts payable | 17/49 | €204,705 | €189,731 | -€14,975 | -7.3% |
| Amounts payable after more than one year | 17 | €166,730 | €151,889 | -€14,842 | -8.9% |
| Financial debts | 170/4 | €166,730 | €151,889 | -€14,842 | -8.9% |
| Amounts payable within one year | 42/48 | €37,975 | €37,842 | -€133 | -0.3% |
| Current portion of amounts payable after more than one year | 42 | €14,635 | €14,842 | +€207 | +1.4% |
| Trade debts | 44 | €12,251 | €13,968 | +€1,716 | +14.0% |
| Suppliers | 440/4 | €12,251 | €13,968 | +€1,716 | +14.0% |
| Taxes, remuneration and social security | 45 | €11,056 | €9,000 | -€2,056 | -18.6% |
| Taxes | 450/3 | €11,056 | €9,000 | -€2,056 | -18.6% |
| Other amounts payable | 47/48 | €33 | €33 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,923 | €19,979 | -€944 | -4.5% |
| Other operating charges | 640/8 | €1,582 | €1,353 | -€229 | -14.5% |
| Gross operating margin | 9900 | €104,586 | €26,163 | -€78,423 | -75.0% |
| Operating profit (loss) | 9901 | €82,080 | €4,830 | -€77,250 | -94.1% |
| Financial income | 75/76B | €15,964 | €12,151 | -€3,813 | -23.9% |
| Recurring financial income | 75 | €15,964 | €12,151 | -€3,813 | -23.9% |
| Financial charges | 65/66B | €4,001 | €3,301 | -€700 | -17.5% |
| Recurring financial charges | 65 | €4,001 | €3,301 | -€700 | -17.5% |
| Profit (loss) for the period before taxes | 9903 | €94,043 | €13,680 | -€80,363 | -85.5% |
| Income taxes | 67/77 | €26,869 | €5,269 | -€21,600 | -80.4% |
| Profit (loss) for the period | 9904 | €67,174 | €8,412 | -€58,763 | -87.5% |
| Profit (loss) for the period to be appropriated | 9905 | €67,174 | €8,412 | -€58,763 | -87.5% |
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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 3 November 2026 via checked.be.